Good Company, Part 3: Be the Organization That People Want to Work For, Partner With, Invest In, and Buy From

The video discusses the concept of a moral compass, emphasizing the importance of aligning values with actions. It highlights the disconnect often found in mid-level management and stresses the need for training. The decision-making process is broken down into four key points: intuition, experience, feelings, and external authority. The video also draws parallels between cowboy ethics and modern leadership, focusing on values such as courage, loyalty, and integrity.

What is a common issue with the moral compass in organizations?

• Inadequate customer focus

• Overemphasis on shareholder interests

• Disconnect between professed values and demonstrated behavior

• Lack of clear objectives

Which of the following is NOT one of the four key points of decision-making?

• Financial gain

• Experience

• Intuition

• External authority

According to the decision-making framework, what should leaders do if they drop one of the 'balls'?

• Ignore it and move on

• Rationalize the decision

• Consult with shareholders

• Stop, pick it up, and put it back in play

What is the main lesson from the book 'Cowboy Ethics'?

• The importance of financial success

• The need for technological advancement

• The value of cowboy principles in modern leadership

• The significance of market competition

Which principle is NOT part of the cowboy ethics?

• Finish what you start

• Prioritize personal gain

• Take pride in your work

• Live each day with courage

What historical event is used to illustrate steadfast values in the video?

• The Battle of Gettysburg

• The Alamo

• The signing of the Declaration of Independence

• The Boston Tea Party

What modern example is given to illustrate selflessness and courage?

• The Sandy Hook school shooting

• The Apollo 11 moon landing

• The actions of firefighters during 9/11

• The response to Hurricane Katrina