CEO Kevin Hancock Lost His Voice, But Gained a New, Wildly Successful Management Style
In this podcast, Kevin Hancock speaks with Monday Morning Radio host Dean Rotbart about his new book The Seventh Power: One CEO’s Journey Into the Business of Shared Leadership. Kevin and Dean discuss the employee-centric model that Hancock Lumber has adopted and how Kevin came to the realization that this was the path he wanted the business to take. By prioritizing his employees and their voices and ideas, Kevin has been able to foster an environment of shared leadership throughout the company.
Here are a few highlights from the podcast (click here for the full transcription):
- They already had great solutions and they didn’t really actually need a CEO centric or a supervisory centric directive. They knew what to do, all they really needed was a bit of encouragement and a culture to trust their instinct and lead. (4:55-5:17)
- And while that’s true today as well, we’re going about it in a very different way. We’re trying to build employee commitment to the company through corporate commitment first to the employees. (20:11-20:28)
- So our company’s systems and processes and discipline have strengthened as a result of giving everybody a voice, not weakened because by and large, people feel like they’re valued participants in discussing, revising, and improving those systems and best practices. (30:46-31:12)