Sam Zell: It’s the people, stupid — Business Management Daily: Free Reports on Human Resources, Employment Law, Office Management, Office Communication, Office Technology and Small Business Tax Business Management Daily
Real estate titan Sam Zell has no patience for how business schools teach leadership. He’s candid about how they’re always “canonizing” empirical tools but drop the ball on people skills.
“I don’t think enough effort in graduate schools is devoted to the real world,” Zell told students at the University of Pennsylvania’s Wharton School of Business recently. “The real world is a meritocracy. Leaders have to lead by example and by interfacing with people.”
— Adapted from “Sam Zell’s ‘real world’ of real estate,” Alexandra Compare, The Wharton Journal, www.whartonjournal.com.