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Living Into Leadership: A Journey in Ethics (Stanford Business Books), by Buzz McCoy, Bowen H. McCoy
Download PDF Living Into Leadership: A Journey in Ethics (Stanford Business Books), by Buzz McCoy, Bowen H. McCoy
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Over the past few years, the business world has been wracked by corporate scandals. With news of a new scandal an almost weekly occurrence, one cannot help but wonder: "Is business success synonymous with a lack of morality?" With a resounding "no," Bowen H. "Buzz" McCoy, former partner at Morgan Stanley, shows that ethical business leadership is possible and, moreover, desirable. Seeking inspiration from an eclectic range of sources, such as Dante, Kant, and Peter Drucker, and drawing from his own career as a successful investment banker, the author examines how business leaders—and those who aspire to be business leaders—can flourish in a corporate environment without shedding personal values or compromising integrity. Living Into Leadership: A Journey in Ethics is based on the author's actual life experiences, personal ethical dilemmas, and concerns. This groundbreaking work incorporates classroom materials developed by the author for ethics programs at various business schools, including Stanford, UC Berkeley, the University of Southern California, UCLA, and Notre Dame. The central question this book considers is how to pursue an engaged business career while living a balanced life and continuing to grow as an integrated person.
McCoy acts as a "mentor" for readers, providing personal and professional guidance on the development of a personal business plan for life. The book presents the case for creating a moral compass that allows one to make decisions under uncertainty, lead a life of integrity, establish the practice of ethics both personally and in society, and know when to embrace change and when to hold one's ground. It includes an abbreviated version of the author's acclaimed work, the seminal Harvard Business Review article, "The Parable of the Sadhu," and shows readers how to prepare in advance for dilemmas they may face, both in their private and professional lives.
- Sales Rank: #1007551 in Books
- Published on: 2007-03-01
- Original language: English
- Number of items: 1
- Dimensions: 9.00" h x .90" w x 6.00" l, .98 pounds
- Binding: Hardcover
- 232 pages
Review
"Describing the aim of the book as an aid to 'increase ethical awareness and sensitivity in myself and in others,' the author does an admirable job on both counts."—Library Journal
"The guidance McCoy offers, and the advice that he draws from a wide range of thinkers... make this book a compelling read for those who believe in examining their lives."—Stanford Social Innovation Review
"Experience is a great teacher but only when you are prepared to learn. Buzz McCoy provides lively preparation and insights into the arts of life and leadership. Read and learn."—George P. Shultz, former U.S. Secretary of State and a Distinguished Fellow at the Hoover Institution
"Leading a successful life, as in leading an organization, requires a person to identify and confront an endless stream of tough, ambiguous questions. This is essential reading for anyone who aspires to both ask the right questions and seek the right answers-answers that ultimately define true character and extend impact beyond me to we." —Thomas J. Tierney, Chairman and Co-Founder, The Bridgespan Group
"This profound, delightful, and thought-provoking exploration of life's values and goals, challenges and trade-offs, and dilemmas and contretemps is likely to become required reading not only at business schools but for professionals generally." —Dan Rose, Chairman, Rose Associates
"Buzz McCoy's Living into Leadership is a provocative and nuanced yet practical look at the subject of ethics. McCoy has combined his deep intellect with his decades of business experience to open up new ways of thinking about age-old issues. This is a must read for people concerned about their organization's ethics, or their own." —Bill George, author of Authentic Leadership and former CEO, Medtronic
"McCoy's forte for business managers should not be underestimated. He has done the deals and climbed to the very top of the corporate mountain. Voices such as his, especially ones that have done considerable soul searching over the years into the deeper aspects of business ethics, are rare." —Thomas M. Donaldson, Mark O. Winkelman Professor, The Wharton School
"In masterful style, Living Into Leadership offers an antidote to the dominant greed-sickness in business culture. McCoy uses a real voice of experience to explore an extensive and authentic range of ethical settings and dilemmas." —Laura L. Nash, Managing Partner, Piper Cove Asset Management, LLC; former president, Society for Business Ethics
"McCoy draws on his personal experience as well as the work of a range of intellectual giants—from Dante and the Rule of Saint Benedict to Immanuel Kant, Peter Drucker, and Lynn Sharpe Paine—and offers a compelling answer to the fundamental ethical question How shall we live?"—Oliver Williams, Director, Center for Ethics & Religious Values in Business, University of Notre Dame
"Living Into Leadership demonstrates that ethics is something deeper than complying with the law. We need the law in order to keep us honest and provide a level playing field, but true ethics involves some sort of compassion. Ethics is not what we have to do, but rather what we can do." —A. Eugene Kohn, Chairman, Kohn Pedersen Fox Associates
From the Inside Flap
Over the past few years, the business world has been wracked by corporate scandals. With news of a new scandal an almost weekly occurrence, one cannot help but wonder: “Is business success synonymous with a lack of morality?” With a resounding “no,” Bowen H. “Buzz” McCoy, former partner at Morgan Stanley, shows that ethical business leadership is possible and, moreover, desirable. Seeking inspiration from an eclectic range of sources, such as Dante, Kant, and Peter Drucker, and drawing from his own career as a successful investment banker, the author examines how business leaders—and those who aspire to be business leaders—can flourish in a corporate environment without shedding personal values or compromising integrity. Living Into Leadership: A Journey in Ethics is based on the author’s actual life experiences, personal ethical dilemmas, and concerns. This groundbreaking work incorporates classroom materials developed by the author for ethics programs at various business schools, including Stanford, UC Berkeley, the University of Southern California, UCLA, and Notre Dame. The central question this book considers is how to pursue an engaged business career while living a balanced life and continuing to grow as an integrated person.
McCoy acts as a “mentor” for readers, providing personal and professional guidance on the development of a personal business plan for life. The book presents the case for creating a moral compass that allows one to make decisions under uncertainty, lead a life of integrity, establish the practice of ethics both personally and in society, and know when to embrace change and when to hold one’s ground. It includes an abbreviated version of the author’s acclaimed work, the seminal Harvard Business Review article, “The Parable of the Sadhu,” and shows readers how to prepare in advance for dilemmas they may face, both in their private and professional lives.
From the Back Cover
"Describing the aim of the book as an aid to 'increase ethical awareness and sensitivity in myself and in others,' the author does an admirable job on both counts."—Library Journal
“Experience is a great teacher but only when you are prepared to learn. Buzz McCoy provides lively preparation and insights into the arts of life and leadership. Read and learn.”—George P. Shultz, former U.S. Secretary of State and a Distinguished Fellow at the Hoover Institution
Most helpful customer reviews
3 of 3 people found the following review helpful.
Living Into Leadership
By Bowen H. Mccoy
Living Into Leadership
A Journey in Ethics
Written by: Bowen H. "Buzz" McCoy
Reviewed by: Ken Riggs
Date: June 8, 2007
Working at and developing who we are and what we want in life comes to us in different stages over our lifetime. The profound questions this book asks of its readers--regardless of the stage in your lifetime--is: Who are you, and what do you want? The first step to answering these questions is for the reader to be open to asking each of these questions of himself or herself. Once each question is answered, Living Into Leadership--A Journey in Ethics offers readers a map to follow as they pursue a wonderful and meaningful journey in life.
Readers are fortunate that Buzz McCoy has so thoughtfully provided this insightful journey into his life from the beginning of his distinguished career to his shift in giving back through his teachings and writings to the world that he so fully embraced. Living Into Leadership is not an autobiography or a book about Buzz the man; rather, it is a series of guided life experiences grounded in friendship, family, religion, and love--all in the pursuit of happiness and a life worth living.
You will learn of a man who has the tremendous amount of courage required to be honest with himself and with those around him, and how this honesty paid handsomely by always allowing him to be true to himself and to build lifelong relationships with colleagues in business settings, spiritual places, and intriguing physical settings. You will read about how Buzz, in his first investment banking interview with Morgan Stanley, suggested that, "If he (the interviewer) had no further questions, we adjourn to the lounge and observe John Glenn on the initial manned space flight." Buzz was not being glib, but was responding to the silence on the part of the interviewer, which made Buzz uncomfortable. (By the way, this interview was the beginning stage of an extremely successful 27-year career at Morgan Stanley.)
When you finish reading Living Into Leadership, you will recognize the profound impact that Buzz has made on the business world, and that his greatest legacy may very well rest in the leadership and ethics that he imparts through this book to generations yet to come. One can almost hear Buzz challenging each of us in a Socratic manner to determine our own legacy through the many opportunities we have to make critical decisions about the quality of life. His words will urge you to be a better person by examining your life with candor and by being willing to make the hard decisions. And make no mistake about it, there are tough decisions in life, such as those described in The Parable of the Sadhu, that capture our willingness to help our fellow man, decide at what level we would agree to help, and realize that these decisions are not as clear as they might appear.
Unlike most of our training that prepares us for financial and accounting issues, management challenges, or administrative processes, Living Into Leadership prepares one for the journey we each take in the pursuit of happiness and in the search for meaning while living out one's deepest personal values. With his wonderful teaching approach, Buzz challenges us to live a deliberate life. He talks of bringing together business relationships that are more than about business; they are about connecting at a human level. He strips away the facades that we build over a lifetime to protect our inner shell to reveal that developing personal moments with our fellow colleagues are some of the most meaningful and humbling moments of life. You will learn of the close relationships and learning experiences Buzz had with business icons such as Trammel Crow. The lesson from Trammel, though the prism of Buzz, is not about real estate investing but of love. Love, as stated by Trammel, is the most important quality that a business leader needs to possess.
Living Into Leadership also shows us that the most glamorous business moments potentially can be overshadowed by the unexpected, such as Buzz drinking home-made beer and eating popcorn in a hut in the Himalaya Mountains with a family that spans three generations, and recognizing there was no other place that one might want to be. Humor and balance as an undertone to life resonate throughout the book, and readers will also enjoy the stories about social graces learned on the job by accidentally eating another person's salad and even being ornery once in awhile.
According to Living Into Leadership, ethics are contextual and experiential. To understand how to live with values and ethics is not just about what we do once in awhile. Rather, values and ethics are a constant state of thinking and doing what one believes is right. In addition, fairness involves being open, consistent, and just. Buzz brings together all these things from many different dimensions and which are carefully crafted from readings published by Dante, Drucker, Bonheoffer, T.S. Eliot, and many others to achieve the following: "Finally, there is the deep level of religious and spiritual growth and formation, of attempting to live out one's deepest values in the workplace, which becomes the source of one's courage and steadfastness when all else seems to fail."
The book also speaks to us about the respect that we have for our parents and how to incorporate that perspective into our own ideology. Buzz is honest about the realities of greatness that we see in others, but at the same time, reminds us that no one is perfect, including our parents. We experience the respect and curiosity that Buzz had for all those with whom he came into contact throughout his life, and Buzz coaches us that there is always an opportunity to go past a surface or allegorical level to a deeper relationship of learning with each situation and person we encounter in life.
The book should be held dear to our hearts and retained throughout one's life as a constant companion to refer to in living a full and complete life. Living Into Leadership can be read in different ways at different times in your life--as a quick perusal, a careful read of selective sections, or a very thorough read of the entire book. In addition, individuals should read this book at three points in their life: right after college; at the midpoint of their career; and, at the end of their career. In keeping with this spirit and advice, I will give a copy of this book to each of my three sons when they graduate from college to allow them to understand that a life lived with deliberate intent is a life worth living; second, this is the perfect book for someone like me at the midpoint of a career to allow for a full appreciation of a life that has so many dimensions in need of polishing but will shine if I chose to work at it; and, finally, everyone should read this book in the August of their career to reflect on a wonderful life--as we all have something to give to the world, as long as we make that intent known to ourselves and work at the relationships around us. Although we may not necessarily have experiences at the level enjoyed by Buzz, we all have rich experiences that run parallel to those described in this book and we have a choice to make life a glorious journey that is uniquely our own.
Buzz concludes Living Into Leadership with a quote from his friend and mentor, John Gardner, as he offers the ingredients for and offers the wish for a life filled with meaning. "....Meaning is something you build into your life...out of your own past, out of your affections and loyalties, out of your experience of humankind as it is passed on to you, out of your own talent and understanding, out of the things you believe in, out of the things and people you love, out of the values for which you are willing to sacrifice something....You are the only one who can put them together into that unique pattern that will be your life...."
1 of 1 people found the following review helpful.
Review from a non business old man
By Kindle Customer
About 30 years ago I met Buzz McCoy while on a trek in Nepal and we had many interesting conversations. Recently I learned that he had written LIVING INTO LEADERSHIP and out of curiousity read it. The book was written primarily for people in business and the reviews of the book make it clear it is important and groundbreaking. I am 89 years old, and my vocational career was as a ship's officer and later as a research worker at a medical school. The book has opened a window to realms of thought unknown to me and raised fundamental questions about my life, conduct and religious beliefs. Buzz has made me explore new paths of thought. He discusses the questions of one's obligations to work and family. You don't have to be a business person to find much in this book that is interesting and will stimulate your thinking.
2 of 3 people found the following review helpful.
McCoy Masterfully Sets A New Standard - Understanding, Identifying, And Developing The "Heart" Of Real Leadership
By Thomas M. Loarie
There has been an avalanche of books on ethics, integrity, and leadership flowing onto the book shelves since the post-Internet scandals of 2000-2003. Some of the better ones include "Authentic Leadership," "True North," and "Head, Heart, and Guts." There are, however, none better than Bowen "Buzz" McCoy's "Living into Leadership," and Joseph Badaracco, Jr.'s "Questions of Character." McCoy and Badaracco have masterfully set a new standard for understanding, identifying, and developing the "heart" of real leadership - leadership the world desperately needs and craves. These are "must have" books for those who have an interest in leadership.
McCoy in "Living into Leadership" packs as much as any author can into his 202 pages. Each page is filled with "meat and potatoes" - a meal not to be rushed but to be savored and digested over time. McCoy, a former partner with Morgan Stanley, and the author of ethics programs at Notre Dame, UCLA, Stanford, USC, and UC Berkeley, has given us a book detailing his search for values and vision. While the book follows his personal journey, "Living into Leadership" should not be perceived as a memoir but, rather, as an enlightened mentor's gift to the world.
Life, McCoy points out, is a continuing unfolding journey - one which should be lived with intention; one in which there will be the potential for new relationships, new ideas, new adventures, and NEW FAILURES; and one in which there will be grave challenges to our attempt to live out our deepest values. If we truly want to succeed in finding meaning and live out these values, we will need to find a constant and consistent source of courage and steadfastness when all else seems to fail. McCoy advises that this comes from being rooted in a "deep level of religious, and spiritual, growth and formation."
"Living into Leadership" provides a path to help us find our way. The book is organized into four sections:
* "Setting Your Compass" - How we develop a sense of our integrity, establishing a personal ethic, living with intention, and sustaining influences.
* "Preparing for the Ethical Dilemma" - Leading in the gray areas, learning and finding meaning continuously, and aligning individual and corporate values.
* "Maintaining Balance and Renewing Continuously" - Ethical trade-offs in the real world, ethics as contextual: developing ethical sensitivity, changing mores through time.
* McCoy's ends the book with an Epilogue that will be of great interest to those who work on the global stage, "Global Mores for Global Business."
What do you want your legacy to be? How do you want to be remembered? McCoy challenges us to consider these questions and to live a life of intention, to sanctify everyday experience, and to sanctify what we experience everyday.
"Meaning is not something you stumble across, like an answer to a riddle or the prize in a treasure hunt. Meaning is something you build into your life. You build it out of your own past, out of your affections and loyalties, out of your experience of humankind as it is passed to you, out of your own talent and understanding, out of the things you believe in, out of the people you love, out of the values for which you are willing to sacrifice something."
"Living into Leadership" is an exceptional read; it is provocative, filled with wisdom, and will appeal to those ready to create a life journey of our own - a journey filled with "adventure, success, and a noble calling."
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