From 1988 to 2004, Sander Flaum was chairman and CEO of Euro RSCG Becker, a global advertising firm with 3,300 employees. He now runs a New York-basedconsulting firm, Flaum Navigators, and he’s an adjunct professor at Fordham Graduate School of Business.
Flaum, 70, is the author of many books, including The Best Thing That Could Ever Happen To You, Big Shoes and The 100-Mile Walk.
EL: What’s the most important key to leadership?
Flaum: Great leaders surround themselves with A+ people. Jack Welch [former CEO of General Electric] said the biggest mistake he ever made was not moving quickly enough on people who weren’t A+.
EL: You’re saying that Welch, notorious for firing the bottom 10% of performers every year, felt he should’ve fired people even faster?
Flaum: Yes. You need A+ people around you, and you need to push them to grow.
EL: Yet you’ve written that you still get sick the night before you have to fire som...(register to read more)