In this podcast, Kevin Hancock speaks to Leadership Re-Imagined host Dr. Jane Lovas about his leadership philosophy and The Seventh Power: One CEO’s Journey Into the Business of Shared Leadership. They discuss how his leadership style changed from top-down to shared and dispersed power. He shares his story about how his leadership style so drastically changed and the business implications of this change. Kevin and Jane also discuss supply chains, buying patterns, and how Hancock Lumber hopes to challenge these norms.
Click here to listen to the full podcast.
Here are a few highlights from the podcast (click here for the full transcription):
- I think we really have entered a localism where power is dispersing on this planet. And I don’t know yet that the consumers have fully realized the power they have. So if you think about it this way, consumers, the general public want overwhelmingly corporations to become more holistic in their goals, to be about more than just profit, to be about humanity, about the environment. I agree with all of that, a hundred percent (8:10-8:54)
- And around the outside of that wheel, Jane, they will say live the six great eternal powers, the power of the west, north, east, south, sky, and earth. But the center of the wheel lives the seventh power, and that seventh power is you. It’s me. It’s the individual human spirit that Sioux believes and understands that everything that exists in the universe is connected. It’s related. (12:04-12:43)
- In that old approach we always say someone didn’t fit that got let go from a company, people would say, well, he or she failed. He or she wasn’t good enough, he or she couldn’t cut it, but that’s just plain wrong. (21:27-21:49)