A CEO’s job is never an easy one. Whether in good times or bad, a successful CEO must remain a good leader for his or her employees and the company as a whole. This is not a position for the faint of heart because it requires long hours and quite often tough decision-making. Last week, I was privileged to have been invited to the Western Washington University Business Forum here in Bellingham to hear the CEO of Haggan, Inc., Jim Donald, address some of these issues. The luncheon is an annual gathering of some of the business leaders in the community and is designed to help build links between the university and the private sector to generate financial support for student scholarships at the university.
Jim Donald joined Haggan, Inc., a Bellingham-based grocery chain with 32 stores in the Northwest, in October of 2009. Before Haggen, Donald was the North American president of Starbucks Coffee Company and was responsible for the overall management, business development, and operations of Starbucks in all North American markets. During this period, the company experienced record financial performance, attributable largely to its success in North America. But it wasn’t always like this for Donald. Prior to joining Starbucks, he served as chairman, president, and CEO of Pathmark Stores, Inc. and worked in a variety of senior management positions with Albertson’s, Safeway, and Wal-Mart. It is from these experiences that Donald shared his presentation with us at the Business Forum: lessons he learned on how to lead during difficult times.
As we move into the Thanksgiving holiday here in the States, it is a humbling reminder to all of us, whether we are business owners, recruiters, or both, to be appreciative of the good times as well as the bad in this business. For it is only in going through those bad times that we will truly begin to appreciate the good. And being a good leader means being able to guide your ship – in this case, your office and your employees – through those rough waters to find the calm. In Donald’s presentation, he outlined three key components to being a good leader:
As the leading publication in the external search and placement world, we would like to practice these points as well! In the near future, we will begin running a series that celebrate you – our readers. We want to share in the joy of your successes, whether it’s making a placement, hiring a new recruiter, or giving back. If you’ve got a success story you want to share, please email it to stories@fordyceletter.com.
We at The Fordyce Letter wish each and every one of you a Happy Thanksgiving.
“As we express our gratitude, we must never forget that the highest appreciation is not to utter words, but to live by them.” -John Fitzgerald Kennedy