Author: Harry Kraemer

The Power of Volunteering–Finding More Purpose in Your Life

From the students in my MBA classes at Kellogg to the professionals I meet when giving talks to organizations around the globe, people are just as ambitious as they’ve ever been. As satisfying as their career paths may be, however, many of them are looking for something more–a deeper sense of purpose or more opportunities to pursue their passions. For many of these people, that “something more” comes from volunteering, giving of themselves in support of organizations and causes that align with their values.

I recently wrote about the power of volunteering in Harvard Business Review. Special thanks to my former student, Nick LoManto, who in addition to having a wonderful career at Vanguard, is a volunteer firefighter. The photo he shared is of his two young sons who were able to see their dad in action at a vehicle rescue training. As Nick told me, “They might actually think Dad is cool for once!”

Here’s an excerpt from the article:

Looking for a Sense of Purpose? Volunteer.

At age 29, Nick LoManto led a busy life. He was moving up in his job as a manager of investment analysts at the financial services firm, Vanguard. At home, he and his wife were settling into their marriage and starting to think about growing their family. “There I was, a finance professional with every gift a person could wish for,” he told me. But despite all he was building, LoManto couldn’t shake the feeling that something was missing.

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Running a Global Organization: A View from APAC

From a rise in nationalism to tariff policies that threaten trade wars, running a global organization has never been more challenging. And yet, it is a reality for leaders around the world who need to understand themselves, their own culture and practices, and the many countries where their teams live and work.

This was the backdrop as I recently spent more than a week in Asia, teaching for the tenth consecutive year in the joint Executive MBA program of Northwestern University’s Kellogg School of Management and the Hong Kong University of Science and Technology. Executives from China, Japan, Taiwan, Indonesia, Australia, New Zealand, South Korea, Cambodia, Vietnam, and Russia came together for my class on “Leading a Global Organization.”

First of all, there is the sheer size of this region. Asia spans about 5,300 miles in length and 6,000 miles in width, accounting for nearly a quarter of the world’s land mass. With 36 countries in the region, there is an incredible range of cultures, languages, histories, and economies. Given that diversity from one country to the next, it was no surprise to encounter fascinating differences in leadership and management styles among the executive MBA students (such as in giving and receiving feedback, as we’ll discuss).

Importantly, there were also telling similarities—not only among this cohort, but also with the students I teach in the U.S., South America, and Europe. The biggest commonality is wanting to learn more about my four principles of values-based leadership.

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Greetings from New Delhi!

I hope everyone is doing well! I had the opportunity this weekend to participate in the Pragati: India’s Golden Decade Conference in New Delhi, India.

I have not been to India for many years and I am very impressed at the progress India is making in almost all areas. As discussed at the conference, India is poised to double its GDP in the next 10 years and will become the third largest economy in the world after the US and China.

One of their many advantages is that the average age of India’s 1.4 billion population is only 29 years old, compared to 38 in China and 48 in Japan.

The conference attracted more than 200 participants, including Indian Chairman and CEOs (Roshi Nadar, Shri Subrahmanyam and Akash Ambani), entrepreneurs, Kellogg students, and alums. It was fantastic to spend time with many former students whom I had not seen in many years.

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A Little Reflection On One of My Favorite Hobbies: Watching Movies!

Watching movies has always been one of my very favorite hobbies. Ever since my dad took me to my first movie when I was four years old (I think it was “Tom Thumb”), I have been hooked.

I am convinced there is nothing more relaxing in life than going to a movie theater, getting a large box of popcorn, and getting totally lost in a movie. It’s a great opportunity to completely forget about phones, email, texts, and just about everything else for a few hours. I usually get so engrossed in a movie that when I leave the theater, I often have a hard time remembering where I parked my car.🤣

When I was in college and didn’t have much money, I went to my school newspaper and asked them if they’d like somebody to write movie reviews for the paper. When they said yes, I went to all the local theaters and told them that I was a movie critic for the college newspaper. I was able to obtain 2 free tickets to any movie, and as a result, I saw almost every movie released while I was in college. (On the down side, it did not make dating easy because I always had a small flashlight to take notes during the movie🤣)

Fast forward to today…when I fly to a city for a board meeting or to give a speech, if there is a movie theater near my hotel I’ll always check out if there’s a movie worth seeing. My favorite movies are suspense, action, dramas, comedies, and love stories. I’m not a fan of horror movies, science fiction, or Marvel.

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How First-Time Managers Can Make the Successful Jump to Leadership

I hope everyone had a great weekend and is starting off another good week. For me, it took a few days, but I think I’m fully recovered from the jet lag I experienced flying back from Asia.

I have been reflecting on some of my lessons learned from the trip to Shanghai, Hong Kong, and Shenzhen. It was interesting to witness some of the similarities and differences in leadership between the United States and Asia. I will discuss this more in next week’s post.

This week I want to share my latest Forbes contributing article. (I really enjoy the discipline of writing these articles every other week and sharing them with you).

In the article below, I summarize some of the issues we all confront in our first leadership roles in which we have people reporting to us. Moving from a single contributor to one that requires talent management and leadership development can be very challenging. The article provides some advice and tips in dealing with this new adventure. I’ve shared a link to the article along with the full text in my blog post.

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