Is it possible to run a multibillion-dollar corporation on the power of trust? Must you set aside your authentic self as you climb the corporate ladder? Is there another role for technology beyond saving costs and creating efficiencies? In The Power of Many, Meg Whitman, former president and CEO of eBay, speaks to these questions and more, identifying ten core values that steered her--and can steer any leader--to success without ethical compromise. During her decade at the helm of eBay, Meg Whitman transformed it from a tiny start-up into a nearly $8 billion global powerhouse, revolutionizing the way goods are bought and sold online. Fortune magazine twice named her the Most Powerful Woman in Business. Now, with the vitality, candor, and often self-effacing humor that is her trademark, Meg lays out the ten core values that she credits not only with her strategic success but with many of the joys and satisfactions of her private life. Values such as trust, authenticity, courage, and validation are not naive, Meg shows us, and they are definitely not a luxury. Rather, they are essential tools for success that go hand in hand with traditional business practices--like holding oneself accountable or growing a company efficiently. She believes they are the foundation of strong management in the twenty-first century. Today, technology and the transparency it brings demand that organizations demonstrate a character that aligns with the values of their communities. Meg illustrates the origins of her values and the underpinnings of her approach with compelling stories from her extraordinary career and her down-to-earth upbringing--from the harrowing twenty-two-hour system outage that nearly sunk eBay to the indomitable spirit of her eighty-nine-year-old mother, who grew up in Boston society but worked as an airplane mechanic during World War II. It was her mother, Meg says, who gave her "a bias toward action." Here, too, are stories of finding her equilibrium during the time when she had young children, and in her marriage to a neurosurgeon with his own highly demanding career. Meanwhile, her experiences at some of America's best-known companies, including Disney, FTD, and Procter & Gamble, offer valuable case studies of what can go wrong and right, and how even mistakes can be transformed into opportunities. Meg Whitman shows us that achievement can and should be teamed with optimism, trust, and honesty. The Power of Many offers the insights and motivation we need to propel ourselves to the next level--to scale, as Meg would say--in business and in life.
enjoyable eBay stories, but principles were pretty simple
Published by Thriftbooks.com User , 14 years ago
I went through this book quickly. It was easy to read- it's very interesting, with lots on fascinating information about how eBay worked during her 10 year tenure there. However, I did go in it expecting to learn some really insightful business principles, and in that sense, it didn't really deliver. Her biggest lessons were pretty simple- "be authentic," "be frugal," "have a bias for action." Most of it was basically common sense, and she could be pretty repetitive pushing those points. Despite how I felt the book fell flat in explaining some fundamental business principles, the stories of her time at eBay still make it worth the read.
A "Whitman Sampler" to share with America
Published by Thriftbooks.com User , 14 years ago
From the moment Ms. Whitman tells the board of E-Bay "I Meg to Differ," this reader was hooked, and loved every word of this very personal look into the passions and pecadilloes of the Silicon Valley set. The book bounced back and forth nicely from anecdotes of Ms. Whitman's climb in the business world to personal stories about her journey to "find herself." Whitman's harrowing accounts of her compulsive shoplifting were fascinating, as was her ultimate conversion from Latter Day Saints to "American Paganism." And now, as she is propelled into the world of politics, Ms. Whitman has come up with some very intriguing ideas to present to the voters, such as replacing the current monetary system with an array of seasonal fruits. Though her personal habits are definitely on the quirky side (she showers only on Mondays, collects human hair, and sleeps upside down), Ms. Whitman is a force to be reckoned with, and quite possibly, California's next governor.
A must read for anyone in business!
Published by Thriftbooks.com User , 14 years ago
I really enjoyed Meg Whitman's book and think she makes a lot of great points about what makes a successful leader and work enviroment. She does a good job of not only discussing good decisions she made, but also bad decisions and what she learned from each decision.
If you are a leader this is a must read for 2010....
Published by Thriftbooks.com User , 15 years ago
Although I am sure Meg Whitman wrote this book in part for political reasons I read it for the same reasons I read other leadership books...to remind me of the fundamental truths and hopefully pick up some new perspectives. This book did not disappoint! This book does a great job of mixing in personal and business stories to illustrate some key leadership points. Her description of the growth and challenges of eBay was compelling. She shares what worked for her as well as admitting to mistakes. This was refreshing. She also points out where she does not agree with the traditional mindset or popular thought. For example she states "Trying is important. But trying is not the same as achieving success. I diverge from the philosophers and poets here; to me, success is not about the quality of your experience in striving for your goal. To me, the journey is not the reward. The journey can be fantastic; my journey at eBay was fantastic. But what matters is whether or not you accomplish your mission." I had eight pages of highlights in my Kindle. Here are 16 of the excerpts I found particularly important. 1. "When it comes to new product development or certain kinds of marketing where parameters are fluid, I very deliberately do not ask people to be perfect. In fact, I'm more inclined to say that in these realms perfect is the enemy of good enough...If we wait to try to anticipate all the problems in advance, the cost of that delay will be too high. We will learn much faster from trying it out." 2. "You can make a big goal feel small by breaking it down, but you can't make a small goal feel big." 3. "Never be afraid to borrow a good idea. Pay for it by giving credit. In fact, share credit as liberally as you can...Too many business people have an unquenchable thirst for credit, or an ego problem that prevents them from reaching out in a sincere and effective way to people who can help them." 4. "It was a strong reminder that it isn't enough to ask questions and listen carefully to the answers if you don't ask the right questions." 5. "The way I usually put it is the price of inaction is far greater than the cost of making a mistake. You do not have to be perfect to be an effective leader, but you cannot be timid." 6. "I usually learned lessons from failures that would become valuable in my later successes." 7. "The process of letting go of yesterday's pet projects and activities can be difficult. But if you can't do that, you can't scale. You can't take refuge in the comfortable and familiar; you have to grow with the job...another aspect to managing scale through your team is to periodically taking responsibilities away from talented people and bringing in the right people from outside the organization." 8. "When you are inventing something from the ground up, a bias toward action and an understanding of how to use iteration to learn more, faster, is crucial." 9. "The difference between a competent executive an
The Power of Many!
Published by Thriftbooks.com User , 15 years ago
Meg Whitman became the president and CEO of eBay when it had 30 employees and grew it to a company with more than 15,000 and eight billion dollars in annual revenue. Throughout her career with eBay, the Walt Disney Company, and Dreamworks SKG Meg Whitman has proven that a woman can do anything! Her aim to become the first female governor of California won't be easy, Whitman is certainly more impressive in person than on camera, but she is poised to win! I strongly recommend "The Power of Many" along with Mitt Romney's "No Apology: The Case for American Greatness!"
ThriftBooks sells millions of used books at the lowest everyday prices. We personally assess every book's quality and offer rare, out-of-print treasures. We deliver the joy of reading in recyclable packaging with free standard shipping on US orders over $15. ThriftBooks.com. Read more. Spend less.