New Summary Available for The Good Struggle

Aug. 22, 2014 - PRLog -- In The Good Struggle, Joseph Badaracco asserts that responsible leadership and managerial courage in a market-driven economy is essential to an organization's success. While markets provide great opportunities, they can also be very unstable. This can result in uncertainty and anxiety for companies and consumers alike. These struggles can have an impact on leading responsibly. Leaders need to be able to struggle well while facing rapid changes in the marketplace. Drawing from the real-life experiences of entrepreneurs, Badaracco offers examples and case studies of responsible leaders that embrace the struggles involved in leadership. These people are stepping up to the plate and seeking "the good struggle," which requires commitment and courage.

Badaracco shares the following tips with readers:

- Leadership has always required courage, struggle, and commitment, and in this fierce market-driven economy there is a return to competitive capitalism akin to the rise of the industrial complex from the past--but on a much larger global playing field.

- Markets provide great opportunities, but they can also be volatile and result in uncertainty and anxiety. These struggles can have an impact on leading responsibly. Leaders need to be able to struggle well while facing rapid changes in the marketplace.

- There are new fundamentals that have shifted away from large companies to small-scale "entrepreneurial capitalism" driven by markets and technology.

- In order for leaders to deliver on their responsibilities, they must have a solid understanding of the forces that drive and shape the markets and the economies around them.

- The use of power by those in leadership positions requires accountability. Leaders need to be aware of what their responsibilities are and how they will be perceived and compensated. Being crystal clear about leaders' responsibilities and hence what they are accountable for is key.

- Critical decisions, which require struggle, commitment, and courage, encompass a universality that leaders deal with on an ongoing basis in their efforts to create flourishing and sustainable organizations.

- Markets care about who gets what and rewards are based on monetary considerations. Responsible leaders care about core values within their organizations that transcend market pressures from the outside.

- It is clear that responsible leaders take on their roles not in spite of the struggle, but because of it. In the end, "responsible leadership is commitment, and commitment is struggle."

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