Saturday, January 5, 2013

What makes a great partnership- Michael Eisner

What Makes a Great Partnership?



Michael Eisner's terrific new book, Working Together: Why Great Partnerships Succeed, is out, and I had the great pleasure of interviewing him on the topic at the Drucker Forum in LA last week. As soon as the video is online, I'll link it here. Working Together is a compilation of stories of what Eisner calls "magical partnerships." Aside from being enjoyable and inspirational reads, they shine a light on some of the traits of business' great collaborators: Shared passion. Patience. Trust. Lack of ego. Love. (Yes, love!) Only one critique here about language: "Magical partnerships" makes it sound like Harry Potter has to send one to you by owl or you're out of luck. No way! Helping people learn what they can do to make these incredible working relationships happen is the heart of what I do. But that doesn't make Eisner's book any less significant, or enjoyable. Working Together is a fine tribute to my favorite expression: "Business is human. Relationships power growth." When Eisner came on at Disney, Stanley Gold and Frank Wells originally suggested that Eisner and Wells would share the CEO title. When Eisner said no, Wells stepped aside and offered to act as his COO. Here was Eisner's reaction: What kind of person would spend his life so successfully climbing his way up the corporate ladder and then, at the very top, step aside for someone else - and someone else, for that matter, he didn't know very well?...an executive who could cede power just like that, and be as comfortable as a number two as he was as a number one. Could that really be true? I was about to find out....We were headed into the toughest challenge of our professional lives, together. For the next ten years, that journey would be as exciting, enjoyable, rewarding, and triumphant as either of us could have dared to hope. From our first day in the office that fall, my partnership with Frank Wells taught me what it was like to work with somebody who not only protected the organization but protected me, advised me, supported me, and did it all completely selflessly. I'd like to think I did the same for Frank, as well as the company. We grew together, learned together, and discovered together how to turn what was in retrospect a small business into indeed a very big business. For more on Working Together: Why Great Partnerships Succeed, check out www.michaeleisner.com.

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