Richard Haddrill is a CEO industry veteran with a passion for success. Leading 3 successful & fast-growing high-tech companies to significant shareholder returns, Richard also serves as a mentor to executives. He is also a Board member & investor in numerous public and private companies. Previously a Managing Partner at Ernst & Young [North America & Rocky Mountain Region], Richard brings a wealth of experience to the company while actively committing to his charitable endeavors in supporting youth and the arts.
Today we explore the Art of Leadership with Richard, a man who has spent the better part of his career mastering the field. Having a proven track record in handling both local & international companies, he shares how he handles executives, teams, & even establishes winning company cultures.
Listen to his take on diversity, collaboration, recruitment & even termination. Lastly, learn how to assess your team member’s strengths & how not to let ego get in the way of making the best decision for the company.
Tune in to get the best scoop on Leadership wisdom today!
Why you have to check out today’s episode
• Learn from Richard's success in establishing a winning company culture in whatever venture you will take on
• Find out the top characteristics that make a strong team, the factors in maintaining company culture, & boosting shareholder value
• Learn Richard's blueprint on how to successfully lead diverse team members & integrate cultural differences for business success
“I always said that if I couldn't convince the board of directors that I was right about something, maybe I wasn't right. The same thing is true with my teammates. No leader, no CEO has all the answers; their troops are closer to the action than they are."
Topics Covered:
00:24 – Top 2 accomplishments that Richard is most proud of in his career.
01:26 – How Richard remains true to his core values while accommodating diverse team
members
02:17 – What characteristics Richard looks for that makes up a strong team
04:13 – The key to maximizing shareholder value of a company
05:32 – What are the benefits of being a Collaborative leader in a big organization
06:37 – The 2 Critical Factors for maintaining company culture & maximizing shareholder value
07:43 – On handling different companies with distinct cultures & dynamics
10:32 – Richard’s blueprint for integrating cultural differences in a business setting
12:49 – How Richard leveraged his international experience & discoveries for his own business
16:35 – Having accomplished his career endeavors, Richard shares what’s meaningful for him
19:07 – Tips for young leaders looking to succeed in their career
Key Takeaways
“To run a bigger organization, you really have to be a collaborative leader vs a command & control leader. If you get strong people & let them have some say in the strategy, role & responsibility, you tend to attract & retain better people long term & you get better decisions.” –Richard Haddrill
"The hardest thing to do as a leader is to let someone go. But you find out that if you do it, you're actually doing everybody a favor" –Richard Haddrill
“Focus on being an active listener. Communication is always important in any aspect of any business. Then, of course, observation—this is a listening skill too.” –Richard Haddrill
“Show respect for the local country. You have to have your broad company principles but also show respect for how they approach things, listen to them & let them have a voice. Another thing is treating them equally across the globe—same compensation plan, same goal setting, same meetings.” –Richard Haddrill
“Have a network of people within or outside the organization that you could call on different issues & bounce ideas off of. People love to help that way. There's no better compliment you can give anyone than ask their advice.” –Richard Haddrill
People/Resources Mentioned
• The Groop: Collaborative Investors & Adviserse to Committed Business Leaders: http://thegroop.com/
• Ernst & Young: https://www.ey.com/en_us
• “Hire Slow & Fire Fast”: https://www.forbes.com/sites/forbescoachescouncil/2020/04/14/hire-slow-and-fire-fast-why-leaders-should-heed-this-advice/?sh=4af8b978573c
Connect with Richard Haddrill
LinkedIn: Richard@thegroop.com
Website: http://thegroop.com/
Email: Richard@thegroop.com
Connect with Dr. Katrina Burrus
LinkedIn: https://www.linkedin.com/in/katrinaburrus/
Website: https://mkbconseil.ch/contact/