Sept. 23, 2020

Addressing the Leadership Crisis with Bob Chapman

Addressing the Leadership Crisis with Bob Chapman

Bob Chapman has had a series of arresting insights that have completely changed the way he builds his businesses and his approach to leadership. He’s come to realize there is a leadership crisis in the world that stems from not giving leaders the...

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Bob Chapman has had a series of arresting insights that have completely changed the way he builds his businesses and his approach to leadership. He’s come to realize there is a leadership crisis in the world that stems from not giving leaders the skills and courage to care for those they have the privilege to lead. It starts with helping leaders to see each team member as someone’s precious child and engaging them through the transformative power of empathetic listening. Contrast that view with the traditional approach taken in business to consider people as functions and objects to be used and manipulated to achieve owner and company goals. Today Bob stands to spread the message that the more we can combine work with caring, the more fulfilled we will be and the further we collectively advance.

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What's working on purpose anyway? Each
week we ponder the answer to this question.

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People ache for meaning and purpose at
work, to contribute their talents passionately

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and know their lives really matter.
They crave being part of an organization that

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inspires them and helps them grow into
realizing their highest potential. Business can be

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such a force for good in the
world, elevating humanity. In our program,

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we provide guidance and inspiration to help
usher in this world we all want

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working on purpose. Now Here is
your host, Doctor Elise Cortez. Welcome

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back to the Working on Purpose program
by for tuning in again this week.

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I'm your host, doctor Elise Cortes
to when you Live from Dallas, which

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is home based for me. If
you've been tuning in for a while,

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you know this program is a thought
leadership series that enlightens and inspires listeners with

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insights from distinguished business leaders and subject
matter experts. Our conversations are designed to

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elevate your thing thanking and entice you
to take an enlightened and inspirational approach toward

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leadership and business. Before we get
into today's program, without two announcements for

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you. One September marks the launch
of Gusto Now, which is a growth

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and transformation e learning platform dedicated to
awakening meaning, passion, inspiration and purpose,

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and people, leadership and organizations.
It features leadership development and other professional

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development courses available to individuals and companies
in English, Spanish and Portuguese. You

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can learn more at gusto dash now
dot com. Secondly, I want to

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share with you that my book Purpose
Ignited How Inspirational Leaders Ignite passion and Elevate

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Causes, due out November seventeenth.
It's now sitting on Amazon waiting you can

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pre order it. I wrote the
book to turn readers on and ignite their

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passion, inspiration and purpose, to
make a contribution worthy of their one precious

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life and radically improve the workplace as
we know it. Now onto this week's

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program. Our guest today is Bob
Chapman, who has recently been named the

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number three CEO in the world in
an INC magazine article and celebrate for being

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very intentional about using his platform as
a business leader to build a better world.

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He is the CEO of Saint Louis, Missouri based Barry Way Miller,

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a three billion dollars global capital equipment
business worth with more than twelve thousand heart

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counts, as they like to call
them. He's also the co author,

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alongside doctor Roger Socili, of Everybody
Matters, the Extraordinary Power of caring for

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your people like family who tidgetated from
Wisconsin. Bob, welcome to working on

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Purpose. I think he might be
needed, Bob, Can I hear you?

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Yes, we are welcome to working
for the purpose. Isn't the perfect

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place for you? I can imagine
a better spot, having met you just

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a few weeks ago, for the
chaff to share ourline, some our passion

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for other people. We have the
prilege of you. I am so happy

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to share you with the world,
Bob, because the world desperately needs you

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viewers that are watching us. Here's
the book that I read to prepare for

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this conversation, So, Bob,
you know, as you know, I

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read the book cover to cover,
and I think it makes really good sense

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for us to open this conversation with
one of the email exchanges that you and

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I had where we were talking about
the leadership crisis that Tom Friedman has identified,

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and it's according opportunity which also really
aligns with the approach you take at

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Berry Wine Miller. Will you start
there. Yes, I all of us

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are I think genuinely concerned about the
combination of issues from COVID nineteen to the

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social unrest to kind of the nature
political discourse we have in this country.

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And so many thoughtful people I know
are genuinely concerned right now for where all

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of this has taken us. I
would say to you, though, for

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the last ten years, I've been
talking about a bigger crisis to me,

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a crisis of humanity, because,
as I've mentioned you, eighty eight percent

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of all people felt they were feel
they work an organization that does not care

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about them, and they feel the
way they go home and treat their family,

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behaving their community somewhat with this level
of not feeling valued. So to

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me, when this crisis it and
Bill Jury of Harvard World Peace Negotiator called

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me because he's again genuinely concerned about
kind of the direction if you add all

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these things together in terms of where
are we going and what does this mean

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to the future of our society,
And we talked about the issue is that

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the problem is people don't feel valued, They feel used for somebody else's success.

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And so we had bubbling under the
surface of this strong economy, world

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peace. But you know, we
had the lowest unemployment in decades prior to

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this, so people had jobs,
they had money. But so Bill and

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I talked about the fact that we
have a world that the debate. We

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talked to each other, but we
wouldn't know how to listen. And then

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a few hours Bill sends me an
article the Tom Friedman or the New York

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Times, again commenting on the same
issue, that we have a poverty of

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dignity. In the words, the
underlying issue that we can give people jobs,

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we can give them money, but
they don't feel valued. And what

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we need to do is we need
to focus on giving people dignity. Okay,

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which is the issue that is under
the surface of all the frustration,

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all the social unrest. People don't
feel valued, They feel used. And

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when you don't feel valued, it's
hard to care for others when you don't

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feel cared for yourself. So Tom
Freedman's article, and Tom goes on to

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say, after the eloquently talks about
the poverty of dignity, is he talks

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about the need for deep listening.
Okay. Now that is as you know,

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the nonprofits ind I have for the
last ten years, we've been taking

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to communities anti and I states there
of course all over the country, the

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skills of empathetic listening so we can
get in to see not the superficial aspects

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of people, but the beauty of
every human being that God created. So

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Tom kind of just put all the
pieces together eloquently, and it was profound

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meaningful to me to see somebody of
Tom substance, see kind of the issue

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beyond kind of superficial demonstrations, protests
issues. It's a deeper issue. We

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have a poverty of dignity, and
that is until we address that, we

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are simply putting band aids on cancer. Okay, we've got to get to

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the point that people feel valued and
they feel more comfortable value in others.

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What a great way to start up. So what you've done so beautifully is

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really presence the enormity of the problem
and the opportunity here, which is exactly

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where I wanted you to start.
So look at you today. You are

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an incredibly accomplished man. You've done
some only remark a couple of things with

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your team over the last several decades, but you've along the way had some

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really what I would call arroasting insights
and experiences that it helped make you into

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who you are, and I wanted
to share it with our listeners and viewers

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because looking at you today, it
can be kind of intimidated to go,

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how can I become a guy like
that? Right? So I want to

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share a few of the really key
things that happened for you along the way

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that I read in your book and
that I've gotten from some of our conversations,

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and I know I. One of
them is when you were in college

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you became a parent, and there
was something about that experience that opened something

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in radically altered the way you were
living and working. What happened and why

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is parenthood so important to you?
You know? I found out my sophomore

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year a girl that I had dated
in high school we went to colleges nearby,

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that she became a pregnant and we
immediately got married. And I was

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prior to that, I was a
very average student. I mean I barely

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made grades, you know. My
first year was very awkward at Cornell College

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in Iowa, and I transferred to
Indiana and barely with grades of transfer.

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And I was a very unfocused,
normal kid, okay, with no drive

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other than you know, and when
you find yourself all of a sudden being

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a parent and possible for other lives. I don't remember thinking this, but

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my behavior said this. All of
a sudden. I went from at best

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a C student to a straight A
student, okay, And it gave me

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purpose. It gave me meaning because
I had the responsibility of other lives in

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my hand. Again, nobody sat
down and said, Bob, you need

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to do this. It just that
responsibility came to me and my behavior validated

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because I started studying, I started
getting straight a's. I worked hard in

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the summer to you know, to
earn income to say in college. So

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I always say from my greatest challenges
came my greatest personal growth. Had I

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not found myself being a father at
age nineteen and twenty, my focus on

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education, what I would have gotten
aducated. And so I was intended to

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happen this because we've got a phenomenal
son into our life, and I took

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life seriously for the first time.
I was always kind of class clasp of

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the jokester focus. You know,
I was just a nice kid that people

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like. But I was going nowhere
and that gave me focused. So I

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always say to people, from my
greatest challenges, I am my greatest personal

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growth, A responsibility for my life
and making something of that that was important,

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right because I do I do tend
to believe that the only way we

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grow is through severe or discomfort or
pain. Doesn't happen when we're compleatly seated

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on the couch, you're watching movies. It just never happens. So okay.

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So then along the way, somewhere
in your twenties, you joined your

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your father at Barry Way Miller,
and you got increasing responsibility, did some

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amazing things, and then you find
yourself at age thirty, suddenly in charge

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when your father had a heart attack. So you became what the CEO and

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chairman of the board at age thirty? Yes, yeah, well I mean

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how did you how did you step
into that? And I mean talk about

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another blind sighting adversity, you know, a tiny bit of background again.

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I got a degree in accounting,
intended to go into public accounting, went

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to Michigan and got an NBA.
So I have a very traditional business orientation.

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Yes, And I was at Price
Waterhouse and all of a sudden my

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dad realized So we had not had
a good relationship. We just you know,

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my dad worked hard and I was
more related to my mom. So

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all of a sudden, I'm in
business school. I'm getting a's, and

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my dad says, oh my god, this kid's working out. And my

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dad had some health issues and he
had some struggles running this hundred year old

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family company that he'd stepped into in
nineteen fifty three, and so my dad

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started calling me and asking me over
to help him with decisions. And one

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day he said to me, would
you consider working at Barry Way Miller.

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I need somebody I can trust.
So my title and I never thought of

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working for this family company was broken, a lot of alcoholism, a lot

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of financial sucles. But I was
just at a point in time my career

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I was willing to take that.
So I stepped into Barry Way Miller with

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the title somebody my dad could trust. Okay, a million dollars company,

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financially weak, old technology that my
dad had kept alive since he invested in

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the fifties. So anyway, I
worked with my dad for six years,

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but he was tired, physically tired
from his years of hard work, and

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he just handed me things every day. So the beauty at least as I

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had a six year management development program
self creator. I worked in manufacturing,

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I worked in sales, I worked
in customer service, I worked in engineering,

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all by my initiatives. So when
I woke up one day and found

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out my dad had died of a
heart attack. The night before at dinner,

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he had said to me, Bob, you're virtually running the company.

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I want to make you executive vice
president. That was the last thing he

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said to me before he died a
surprise of a heart attack. And so

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the point is I was ready to
take this on and again. Second crisis,

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my dad. I'm thirty years old, and the first person I meet

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is our bankers who polls our loan. Well, I remember, trust the

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sixty year old guy with this marginal
account, but they couldn't trust this serio

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old kid. Again, the second
great thing that happened to me, because

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I took the stimulus of my dad
dying and the bank's point us, I

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said, I ain't going down this
way, and I grabbed a whole that

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business and in the nine I ran
it nine months of the first twelve months,

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because my dad was alive for the
first three months of our financial year,

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we had the most profitable year in
our history. Okay, because I've

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had again, this got a little
bit of stimulus in one I found out

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I was going to be a father. I just said, I don't remember

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thinking this. I just grabbed a
whole that business and I turned it around

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dramatically and created the future. So
that's six years of my own self develovement

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working in every five in business.
I knew how the business worked by the

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time my dad passed away, and
somewhat in response to my dad's trusted me,

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somewhat of response to my challenge is
again I want to be responsible.

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I grabbed hold that company and began
building and so again that's that's that's how

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I began again, very challenge,
eighteen million dollar business, financially very weak,

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but it gave me the challenge and
the opportunity to really invest myself a

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thousand percent in every aspect and trying
to create a future for the people of

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the business, to stakeholders the company. So that's how it began. Okay.

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So that's that's amazing, right,
And it's so important to talk about

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the adversity and what was dropped into
your lap and then along the way.

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What I think is amazing is today
you measure success at very remiller by the

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light that the touch, by the
way you touch the lives of people.

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But that wasn't always the case.
As you say in your book and in

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our conversations, you had a lot
of lessons that you had to learn away

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from classic business management. And from
what I could tell about, there's at

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least three things in your book that
are pretty important that became touchstones or arresting

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insights for you that I'd love for
you to share a little b about with

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our listeners. And so the first
one that if you are in the right

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order, but one of them was
the nineteen seventy night March Madness conversation with

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that company, and you discovered that
they're having so much fun at seven thirty

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in the morning, and at eight
o'clock everything stopped. The fund the fund

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parage stopped, and you made you
notice that. So that's one of them

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that I think I noticed. Can
you talk about that? Yeah, that

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you know, so I want you
to listen. I had a very traditional

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focus on business, where all the
tools, layoffs, downsizing, catting costs,

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you know, those are all just
the tools we're taught those was what

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I experienced. The business that when
you went to meet is other people,

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we all talked about right sizing,
down sizing and eliminating waste, etc.

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And so my first half of my
career is defined by it. But I

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was in nineteen ninety seven, so
about twenty years into my career, and

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I've started acquiring companies, and I
had an opportunity to buy a major company

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in South Carolina, about a fifty
million dollar company. It was significant to

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me. I flew down there to
be there. And in March of nineteen

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ninety seven, everybody knows what happens
in launch. Yeah, right, So

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I walk in to have a cup
of coffee before the office opens. I'm

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just you know, I'm just having
a cup of coffee. Have nothing on

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my mind other than this isn't my
first day and this new job. Nobody

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knew me. I didn't know them. And they were talking about what teams

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want, where they were in the
office pool in terms of March madness,

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and they were having fun. Again, I don't remember any of this at

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the time. As I reconstruct how
I possibly had the experience, I was

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able to see this and so the
closer I got to eight o'clock. You

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could just see the fun go out
of their body. What my mind said

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that day is why can't work be
fun? One call? It worked,

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okay? Why would people have more
fun talking about something like winning fifty dollars

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or twenty five dollars and then where
they're going to spend eight hours a day,

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they don't enjoy it. And so
what came of that is that I

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said to myself that day, why
can't fun because that's when people express their

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gifts the most, when they're having
fun. And I began that. I've

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walked from that coffee area into a
meeting with our customer service team, which

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was a twenty one million dollar product
line out of the fifteen million very important

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product line. I was going to
meet with the team. I had nothing

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on my mind but to meet with
them, and out of me popped because

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of what I'd experienced, never tried
it, never thought of it, nobody

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suggest I said, We're going to
play a game. Whoever sells the most

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parts wins, and if the team
makes the team bullet team wins, and

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all they wanted to do is have
fun. I mean I had no experience,

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you know, no expectations. Other
than let's try it. And they

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had twenty one reasons why it would
not work the way were structured organized,

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and I had twenty one reasons why
it would work. And we began,

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and revenue jumped by twenty percent and
enjoy jumped by a thousand percent, you

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know, thirteen weeks later and I
went back and I said, I don't

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understand. I just wanted you to
fun. They said, we are.

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We're having a lot of fun,
and we're you know, and we're working

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together better because we want to win
as a team. We want to win

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an individual. So that was that
was the birth of truly human leadership.

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I saw people have fun. I
saw the way they treated each other when

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they had fun. I saw the
way they treated our customer when they had

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fun. So just uniquely this game
I created, which had an individual and

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team component, create those people knew
every day exactly how they were doing and

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what they needed to do the next
day to win. Okay, they've talked

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to their families, they would talk
to their colleagues, they text each other

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at night, and again, it
just popped out of me at that meeting.

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So that was the beginning. That
was the first transformation, because we

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began saying, what did we learn
here? How did we can't manage people,

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but we can we can inspire people
through games or they have fun.

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So it all created by march madness. That was the first Okay, Now

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the second one was at the pastor
of the wedding pastor. Okay, So

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in that second bit where you recognize
that your pastors has people for forty minutes

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each week, but you have him
for forty hours, and you had to

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you had a realization about what to
do with that. So saying more about

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that, well, the mentor of
my church, Reverend Ed Salmon, was

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an incredibly thoughtful person. We had
a vibrant, young church because he just

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had this ability that helps see kind
of meaning in life and look through the

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clouds and see the sunch I think
just I mean, our class was always

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full between church services. And one
day at church after his sermon, I

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had again my second revelation, and
I looked at my wife, Cynthia,

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and I said, Cynthia, ED
has only got us for one hour a

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week. We have people for forty
hours a week. We are forty times

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more powerful to help people live lives
of meaning purpose than edcan. I walked

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out of the church. I could
show you the spot the concrete. I

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said that day something I profoundly believe. I said, business could be the

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most powerful force for good in the
world if we simply cared about the people.

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We had the privilege of leaving kaberman
ok span of care for forty hours

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a week, and the way we
send them home will affect their health and

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the way they treat their family.
So that would a second major revelation for

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me, because it never occurred to
me the business could be a force for

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good. It was this force for
economic gang share or value, profits,

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growth and sales. I never saw
the human side of business. I saw

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people as functions for my success.
I never saw them. But that day

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at church, I realized the business
is the most powerful force for good in

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the world. Could be the most
powerful force for good in the world.

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I love it, all of it. Okay. Then the third one happened

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at a winning where where you're witnessing
a fucking that you know give away his

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daughter and something up in there.
We're at the wedding a good friend daughter

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was getting married, and as he
was walking her down the aisle, I

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just you know, you can tell
me Alan an observer or human behavior.

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I was looking around this tenth this
beautiful tent set up for the wedding,

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and everybody's ooing it out, and
how beautiful this young lady was, and

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how proud his father. Her father
was walking down the aisle at this ceremony,

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And when they got to the altar, my friend took the daughter.

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Rosannah said, her mother and I
give our daughter to be led to this

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young man. And he goes out
and assist next to his wife, and

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they hold each other's hands to watch
the ceremony continue. Again. I had

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this all of a sudden realization,
Oh my god, that's not what having

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to walk to of my precious daughters
down the aisle. I knew that's what

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the father was told to say in
the ceremony, but that's not what the

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father wanted to say. They what
he wanted to say. Every father wants

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to say. Look at young man. Her mother and I brought this precious

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lady into this world. We have
given her everything we could possibly give her

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so she can be who she's intended
to be. And I expect to you,

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young man, as I expect her
of you, that you will allow

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her to can continue to grow to
be the person she's intended to be.

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Do you understand that, young man? That's what every father wants to say

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as he gives his precious daughter when
a ceremony. And then I went to

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the next step, which is the
powerful it. All of a sudden,

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I said to myself in the service, all twelve thousand people who work for

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us around the world are somebody's precious
child, just like that young lady and

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young man who simply want to know
that who they are and what they do

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matters. And that day I no
longer looked at people as functions. I

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didn't enter somebody as an engineer and
account that's your receptionist, that's my assistant.

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I realize they are somebody's precious child
that's placed in my care. That

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is the most profound revelue. And
the way these happened, at least,

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you know, from why can business
be fund businesses? The powerful's forces are

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good to everybody, somebody's precious child. The way these built And just took

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this accountant from Ferguson and opened my
eyes and my heart to the powerful force

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for good in the world. Right
now, okay, that we in business,

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if we simply cared about. If
we saw everybody in our organization as

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somebody's precious child, we could profoundly
change the world and begin healing the world

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instead of breaking work. Because remember
before COVID nineteen, as I said,

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eighty eight percent of all people,
even in a good economy, felt they

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were for a company that did not
care about them. Okay, and we

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know for a fact that the way
the person you report you would work is

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more important to your health than your
family doctor. And we know for a

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fact that the person you report you
at work will have an impact on the

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way you go home and treat your
family, behave in your community, behaving

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your country. So there's that revelation
that everybody's somebody's precious child. And when

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you look at those people you interact
with every day, whether it's the grocery

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store or the supermarket, walking along
the streets, not as a function,

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not as an individ not as some
person along the street, but as somebody's

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precious child, it affects the way
you treat and react to them. Because

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everybody has Dumby's precious They're not functions. And leadership is a privilege, it

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is a Parenting is a privilege.
We all take parenting very seriously. I'm

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going to remind your listeners a lot
of the ideas we have and truly human

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leadership came from Cynthia and my stewardship
of our six children. You know,

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how do we know we're good parents? Well, I took it seriously having

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six kids. Something I went to
classes, we tried to learn, and

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so much of what we've embraced our
leadership model is what I learned in parenting.

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Because what is parenting, It's the
stewardship of those precious lives that come

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into our families through birth, adoption, second marriage that everybody takes seriously.

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What is leadership the stewardship of those
precious lives and everybody's precous child that walks

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into our buildings somewhere in the world
and simply wants to know that they matter

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and we have the gift that will
allow them to be who they're intended to

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be. And when you look at
and remember I was interviewed by Washington the

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University organizational and Professional organizational Development professors
several years ago, and after an hour

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and a half interview, they said
to me, you're the first CEO I've

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ever talked to that never talked about
their product. I said, in all

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due respect, we've been talking about
our product for the last hour and a

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half. Remember that. Okay.
I will not go to my grave proud

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of the machinery we build, because
we build a big capital equipment. I

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will go to my grave proud of
the people that built that machinery. Our

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people are our products. Okay,
we build great people because we care deeply.

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We need an economic engine to build
people. In our case, we

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build capital equipment. An other place, we have hospitals. But when we

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look at people as the focus,
Okay, we begin with our fundamental responsibility

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for the lives and fauces us.
That creates a profound sense of responsibility for

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the time you have those people in
your care. I love every word of

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a Bob. Let's grab our breakhare. I'm doctor Lee's Cortez, your host.

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Who're going to be here with Bob
Tapman. He is the CEO of

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Saint Louis, Missouri based Barry Way
Miller, a three billion dollar global capital

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00:25:25.000 --> 00:25:27.119
equipment business with more than twelve thousand
heart counts, as they like to call

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them. He's also the co author
alongside doctor Rosh sacidia of everybody matters,

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the extraordinary power of caring for your
people, that family you do it to

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A day from Wisconsin. We've been
talking a bit about just how he became

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the truly human leader that he is. Today. After the Rick, we're

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going to talk about how he uniquely
acquires companies and adopts them. Stay us

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00:25:47.839 --> 00:25:52.799
will be right back. Doctor Lease
Cortez is a management consultant specializing in meaning

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00:25:52.799 --> 00:25:59.519
and purpose and inspirational speaker and author. She helps companies visioneer for greater purpose

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amongst holders and develop purpose inspired leadership
and meaning infused cultures that elevate fulfillment,

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00:26:06.920 --> 00:26:11.960
performance, and commitment within the workforce. To learn more or to invite a

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00:26:11.039 --> 00:26:15.839
Lease to speak to your organization,
please visit her at Elise Cortez dot com.

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00:26:15.920 --> 00:26:26.640
Let's talk about how to get your
employees working on purpose. This is

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00:26:26.680 --> 00:26:32.400
working on Purpose with doctor Elise Cortez. To reach our program today or open

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00:26:32.440 --> 00:26:37.880
a conversation with Elise, send an
email to Elise ali Se at Elise Cortez

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00:26:38.000 --> 00:26:48.440
dot com. Now back to working
on purpose. Thanks for staying with us,

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00:26:48.440 --> 00:26:51.920
and welcome back to working on purpose. If you're just joining us,

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my guest is Bob Chapman, who
has recently been named the number three CEO

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in the world in an INC magazine
article and celebrated for being very intentional about

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using his platforms a business near to
build a better world, is the CEO

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of Saint Louis, Missouri based Berry
Waymoller, a three billion dollars global capital

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00:27:06.920 --> 00:27:08.920
equipment business with more than twelve thousand
heart counts, as they like to call

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00:27:08.960 --> 00:27:12.200
them, not headcounts, but heart
counts. I'm your host, Alice Cortez.

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So for this last segment here,
Bob, I want to talk about

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two things. I want to talk
about the very unique way that you have

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acquired your adoptions over the last few
decades, one hundred and ten of them,

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and really what you're doing when you
acquire those companies. And then I

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also want to talk a bit about
the way you're evangelizing truly human leadership in

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the world. So your strategy about
acquisitions. Talk to us about maybe how

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it changed over the years, but
today it's really about buying businesses that nobody

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even though I guess all along,
buying businesses that nobody else wanted, putting

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them together thoughtfully. You have a
very unusual approach to do this. Yeah,

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let me go back. I got
my insights and doing acquisitions while studying

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the diamond Chuck Nyder, and I'm
a selector who build about twenty four billion

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dollar company for a very kind of
buying mature businesses and mature industries and put

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them together thoughtfully. So I had
watched this a mued it, but I

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was still when my dad died,
I inherited this eighteen million dollar company that

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made returnable bottle washers for the brewing
industry and pasteurizes for the beer industry,

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a very difficult old technology. And
in nineteen eighty four I looked at my

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finance team and I said, guys, I'm proud of our history, our

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hundred virtually a hundred year history,
but our history does not give us a

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future. I need to follow the
examples of Amo Selectric and I need to

397
00:28:36.720 --> 00:28:38.480
go out and do acquisitions. And
my finance team looked at me and said,

398
00:28:38.519 --> 00:28:42.480
Bob, great idea brilliant will have
a problem. I said, what's

399
00:28:42.519 --> 00:28:45.680
that? And I said, we
are broke. We have no money,

400
00:28:45.680 --> 00:28:49.240
Bob, do you understand that?
And again I went just so happened to

401
00:28:49.240 --> 00:28:55.759
my personality, which is eternally optimistic
This was a defining moment. I looked

402
00:28:55.759 --> 00:28:59.680
at my financing and I said,
I didn't tell you that I needed money.

403
00:29:00.119 --> 00:29:03.720
I told you we need to do
acquisitions and unencumbered by the fact it's

404
00:29:03.759 --> 00:29:07.279
like going shopping without a wallet or
credit card. Okay. I personally left

405
00:29:07.319 --> 00:29:12.000
that meeting determined to start doing acquisitions
with no experience, no money, and

406
00:29:12.039 --> 00:29:17.400
no credibility. And so what do
you buy when you have no money,

407
00:29:17.519 --> 00:29:21.279
no experience. If you buy things
nobody else wants, they will virtually give

408
00:29:21.319 --> 00:29:25.799
you. So I began in nineteen
eighty five with a small acquisition in Denver,

409
00:29:25.880 --> 00:29:30.839
Calorado Electronics Company, and I ended
up patching together probably four or five

410
00:29:30.880 --> 00:29:37.200
acquisitions between nineteen eighty five and nineteen
eighty six, some in England. I'm

411
00:29:37.200 --> 00:29:45.240
over here but virtually small, a
British maker of dairy equipment for returnable dairy

412
00:29:45.240 --> 00:29:48.400
bottles in England. I'm just really
a patchwork, but an idea of surface

413
00:29:48.480 --> 00:29:53.000
in nineteen eighty six, then maybe
we could spin off those acquisitions again,

414
00:29:53.160 --> 00:29:59.319
all trouble companies and floated on the
London's Dock Exchange, which looked like a

415
00:29:59.400 --> 00:30:04.319
million to one. But again determined, we set about that we had a

416
00:30:04.400 --> 00:30:07.519
slight hope of doing that. We
set ourselves about to do that, and

417
00:30:07.559 --> 00:30:15.039
we had. We went from no
chance to it was thirty five times oversubscribed.

418
00:30:15.799 --> 00:30:19.920
And Harvard wrote a case study on
buying these broken little businesses patching them

419
00:30:19.960 --> 00:30:23.920
together on the market. Loved it, okay, And again Harvard wrote a

420
00:30:23.920 --> 00:30:29.039
case study, dartingst a case study. And so now again, now we've

421
00:30:29.039 --> 00:30:30.960
done some We've got some experience,
and now all of a sudden, we

422
00:30:32.079 --> 00:30:34.960
paid off our debt or financially secure. We spun off two thirds of our

423
00:30:34.960 --> 00:30:40.759
company. Now I'm left again with
a twenty million dollar company. Still own

424
00:30:40.839 --> 00:30:44.000
thirty percent of that public company.
But I got this twenty million dollar company

425
00:30:44.000 --> 00:30:47.720
that's again bow worses and pass urizers
again. And I looked at I said,

426
00:30:47.720 --> 00:30:49.720
okay, guys, we must have
learned something. And I spent nine

427
00:30:49.759 --> 00:30:53.599
months thinking about what I learned.
And I learned that I was pretty good

428
00:30:53.599 --> 00:30:59.359
at fixing broken businesses with certain characteristics. I'm not good at buying a high

429
00:30:59.359 --> 00:31:06.240
tech company in a sexy market and
going I felt comfortable with businesses had problems

430
00:31:06.279 --> 00:31:10.079
like us that I'd fixed. So
we started. We had a vision of

431
00:31:10.720 --> 00:31:17.720
called strategy growth of liquidity that we
would grow and very purposely diverse products,

432
00:31:17.759 --> 00:31:21.880
diverse market. So I began doing
acquisitions. Now I had money from the

433
00:31:21.880 --> 00:31:25.640
public offering, and we had a
goal of getting one hundred million. That

434
00:31:25.799 --> 00:31:30.000
strategy, that business model design that
said I won't be dependent on anyone customer,

435
00:31:30.039 --> 00:31:33.400
anyone market, or anyone technology because
I don't want to hurt our people

436
00:31:33.519 --> 00:31:37.000
or our stakeholders. Took us to
three billion today in one hundred and ten

437
00:31:37.000 --> 00:31:41.799
acquisitions. So it has been dramatically
and our share price again free listeners.

438
00:31:41.960 --> 00:31:45.400
We have kind of a simulated market
share price and privately held comfortable. We

439
00:31:45.440 --> 00:31:49.759
have a share price we traded by
twelve times. Our EBITA has going up

440
00:31:49.799 --> 00:31:56.000
over fifteen percent a year for twenty
five years because our acquisitions. I tend

441
00:31:56.039 --> 00:31:59.960
to buy things that most people don't
want to touch. They want everybody wants

442
00:31:59.960 --> 00:32:02.920
to buy a successful, fast growing
company and I so we have. We

443
00:32:04.039 --> 00:32:07.920
feel we have brought life and saved
many companies that had no future because they

444
00:32:08.119 --> 00:32:12.880
owners couldn't fix or didn't want to
fix the problems. And we could.

445
00:32:13.200 --> 00:32:15.200
You know, again, like a
surgeon, the surgeon is not going to

446
00:32:15.240 --> 00:32:17.640
do surgery unless you can see a
way to save your life. I don't

447
00:32:17.680 --> 00:32:22.440
acquire our company unless I'm confident that
I can save the life of that company.

448
00:32:22.599 --> 00:32:25.559
So now now we have today again
one hundred ten acquisitions. We're now

449
00:32:27.200 --> 00:32:30.880
more comfortable buying more successful companies and
we have brought one. But we started

450
00:32:31.359 --> 00:32:37.119
and probably seventy out one hundred and
ten acquisitions were struggling companies. But again

451
00:32:37.200 --> 00:32:43.480
our share prices growing dramatically, our
financial stressors going because the answer really,

452
00:32:43.480 --> 00:32:47.759
at least as I said, we
saw value where other people didn't see problems

453
00:32:49.680 --> 00:32:52.240
caused us to have to solve those
problems or die. So we learned to

454
00:32:52.319 --> 00:32:57.440
solve what many people thought were problems
because we had to solve the more we

455
00:32:57.440 --> 00:33:00.440
were going to die. And so
we took that skill, we applied it

456
00:33:00.480 --> 00:33:04.640
for the first fifteen twenty years.
We migrated more to also buying some very

457
00:33:04.680 --> 00:33:07.759
good companies that we feel we can
make better also, so it's allowed us.

458
00:33:07.960 --> 00:33:10.559
I always say the highest level of
playing the game is when you can

459
00:33:10.599 --> 00:33:16.680
grow organically and through acquisitions. That
is the highest level of the game because

460
00:33:16.920 --> 00:33:21.480
it allows you to accelerate your growth, to accelerate your access to markets.

461
00:33:21.759 --> 00:33:28.160
So we are today and again averash
to your listeners. The primary responsibility of

462
00:33:28.160 --> 00:33:31.680
a business leader is to have a
ground to give the people in their span

463
00:33:31.720 --> 00:33:36.839
of care a grounded sense of hope
for the future, and it comes from

464
00:33:36.839 --> 00:33:40.480
a business model that is robust.
Our business model in O eight o nine,

465
00:33:40.519 --> 00:33:45.200
when General Electric was tested and failed, Bank of America was challenged dramatic

466
00:33:45.319 --> 00:33:50.440
many companies collapse eight o nine,
our share price went up eleven percent without

467
00:33:50.559 --> 00:33:54.440
letting people go despite order. So
our business model was tested severely in O

468
00:33:54.519 --> 00:34:00.920
eight o nine and Covid. Our
company is in COVID operating very strongly and

469
00:34:00.000 --> 00:34:06.400
robustly right now. So it is
a responsibility leader to make sure that you

470
00:34:06.480 --> 00:34:10.039
have a good business strategy to protect
your people. There's an expression you need

471
00:34:10.119 --> 00:34:14.320
to get the right people on the
bus. I don't think it's quite right.

472
00:34:14.440 --> 00:34:16.920
I think the responsibilities to build a
safe bus, which is your business

473
00:34:16.920 --> 00:34:21.239
model, and then have drivers who
are your leaders, who know where they're

474
00:34:21.280 --> 00:34:23.119
going and how to get there safely, and that anybody you invite on the

475
00:34:23.159 --> 00:34:28.119
bus is going to get there just
fine. So the responsibility of a leader

476
00:34:28.559 --> 00:34:31.840
is to make sure you have a
business model like a bus that is safe,

477
00:34:31.960 --> 00:34:37.280
that you people feel safe and and
you test that through various circumstances so

478
00:34:37.320 --> 00:34:40.679
that you know that when you invite
people in your organization, they have a

479
00:34:40.760 --> 00:34:45.880
chance of having a meaningful life,
or they can relax and play their best

480
00:34:45.920 --> 00:34:50.440
game knowing that they're an organization that
values them. So that is a primary

481
00:34:50.480 --> 00:34:53.480
responsibliit leader to give your people a
grounded sense of hope for the future.

482
00:34:55.519 --> 00:34:59.920
So I understand it, right,
Bob, You have, overlast a few

483
00:35:00.079 --> 00:35:02.079
decades, acquired more than one hundred
and ten companies, and if I have

484
00:35:02.159 --> 00:35:07.159
it right, you haven't. You
haven't sold off any of those companies.

485
00:35:07.199 --> 00:35:09.760
You kept them on, right.
It's kind of like something I haven't decided

486
00:35:09.760 --> 00:35:14.199
to sell any of our kids are
grandkids, just the same thing. I

487
00:35:14.239 --> 00:35:17.639
got it. Well, Seriously,
these are people. They're not businesses.

488
00:35:17.679 --> 00:35:22.400
They're people. You know, why
would you sell a business? Why would

489
00:35:22.440 --> 00:35:27.000
you know? So I adopt businesses. You know, it's like a church

490
00:35:27.039 --> 00:35:29.559
growing then opening up a church in
the town, you know. I mean,

491
00:35:29.920 --> 00:35:34.400
seriously, we just acquired a company
in Serbia, and and and the

492
00:35:34.400 --> 00:35:38.159
owners that we bought the company from. When I landed in the Belgrave to

493
00:35:38.320 --> 00:35:45.559
visit the plant in February, they
created a van to pick us up in

494
00:35:45.679 --> 00:35:49.239
with a huge decal on the south
which is a picture of me with truly

495
00:35:49.320 --> 00:35:55.599
human leadership. Okay, I felt
I opened a church in Serbia. Okay,

496
00:35:57.760 --> 00:36:00.480
how to be acquired by a company. And I'll tell you one other

497
00:36:00.519 --> 00:36:04.559
story. We bought a company on
the coast of France from a prominent French

498
00:36:04.599 --> 00:36:08.400
company. Our board was very concerned
with investments in France because the government's very

499
00:36:08.440 --> 00:36:14.159
involved in controlling businesses and controlling labor. And I flew over to hear that,

500
00:36:14.360 --> 00:36:17.400
because the workers' councils in France has
to vote in favor or not in

501
00:36:17.480 --> 00:36:22.159
favor of the acquisition. So we
were buying a French division of a prominent

502
00:36:22.199 --> 00:36:25.599
French company. And just picture me, ugly American flies over sitting crossed the

503
00:36:25.639 --> 00:36:30.440
table from the workers council for this
business, and they said, mister Chapman,

504
00:36:30.519 --> 00:36:34.039
we went to Paris. We talked
to you the workers council at Paris.

505
00:36:34.400 --> 00:36:37.920
We understand your values and we've studied
them, and we want you to

506
00:36:37.920 --> 00:36:40.320
buy our company. I felt a
surge of pride as an American and have

507
00:36:40.440 --> 00:36:45.679
this opportunity to work with these wonderful
French people. Then just imagine this.

508
00:36:45.360 --> 00:36:51.199
Sit on the table was a gentleman
named Philippe, probably in his early sixties.

509
00:36:51.679 --> 00:36:52.480
He was on the works counsel.
He looked at me and said,

510
00:36:52.480 --> 00:36:57.159
mister Chapman, could I say something? I said sure. He said,

511
00:36:57.199 --> 00:37:00.760
mister Chapman, we've been waiting for
you for thirty nine years. And they

512
00:37:00.760 --> 00:37:07.440
began crying because governments can't create caring
environments, okay. And they saw our

513
00:37:07.480 --> 00:37:10.920
people in Paris, where we have
an operation, they studied it and they

514
00:37:10.960 --> 00:37:15.519
wanted to be part of an organization
that actually cared about them. That is

515
00:37:15.559 --> 00:37:21.840
the hunger that exists in the world
right now. People feel used for somebody

516
00:37:21.840 --> 00:37:25.119
else's success. They do not go
home feeling valued and cared for it.

517
00:37:25.239 --> 00:37:29.320
Okay. And that is an issue
we face in the world. It's not

518
00:37:29.360 --> 00:37:31.280
just an American issue. We operate
all over the world. This is a

519
00:37:31.440 --> 00:37:36.880
universal issue. We have not taught
leaders to care. We've taught leaders to

520
00:37:37.119 --> 00:37:40.679
use people for financial success. They
may be nice people, but you know,

521
00:37:40.800 --> 00:37:44.639
this is business, just business,
right, It's not just business,

522
00:37:44.679 --> 00:37:47.559
it is people. That's where they
spend forty hours a week. So we

523
00:37:47.679 --> 00:37:53.000
adopt organizations. And I couldn't stand
before a group of people and say we're

524
00:37:53.039 --> 00:37:55.320
going to sell you because you know
you're not going to do that much in

525
00:37:55.360 --> 00:37:59.159
the future. And something I mean, we adopt companies. We look at

526
00:37:59.159 --> 00:38:01.800
the people and we say, welcome
to the family. Now let's go do

527
00:38:01.880 --> 00:38:06.679
good things. Well. And the
way that you do this, Bob,

528
00:38:06.719 --> 00:38:09.599
I was so I read every single
word was hanging every single word that I

529
00:38:09.679 --> 00:38:13.199
read in your book about the way
that you go into a company and you

530
00:38:13.239 --> 00:38:15.920
share your culture, your vision of
how it is that you operate with them,

531
00:38:15.960 --> 00:38:19.280
and of course they're always like,
no way, that's not possible,

532
00:38:19.400 --> 00:38:22.400
that's that's applying this guy Disney or
something can't be right. And then you

533
00:38:22.559 --> 00:38:28.480
enroll them into this whole space and
you teach them your ways and you develop

534
00:38:28.559 --> 00:38:31.480
them and you don't bring in new
people and replace the people that came with

535
00:38:31.519 --> 00:38:35.400
the business. So talk a little
bit about the way that you come in

536
00:38:35.519 --> 00:38:40.280
and acquire and adopting your company.
Well, the first thing we do is

537
00:38:40.639 --> 00:38:47.079
that when we have the privilege of
inviting another group into our family, as

538
00:38:47.360 --> 00:38:51.559
is appropriate, you know, I
will make an effort to fly out and

539
00:38:51.599 --> 00:38:54.559
sit down with a diverse group of
people. Okay, and it could be

540
00:38:54.800 --> 00:38:59.000
union, non Union, It could
be the Office of Plant, just a

541
00:38:59.000 --> 00:39:04.480
diverse group of people that kind of
represents the body of the organization. And

542
00:39:04.519 --> 00:39:07.440
I will share with them our guiding
principles of leadership. This is what we

543
00:39:07.599 --> 00:39:13.559
believe in. We are going to
try to validate to you that we're not

544
00:39:13.639 --> 00:39:17.639
only believe in it, that this
is what we practice. And I walk

545
00:39:17.719 --> 00:39:23.119
through those values, I ask for
questions and it's amazing what people will tell

546
00:39:23.159 --> 00:39:27.760
me. And then along the journey
we ask people to say, what are

547
00:39:27.760 --> 00:39:30.119
we doing well and what can we
do better? So constantly trying to listen

548
00:39:30.159 --> 00:39:34.639
to them to show that we care. And so when we invite them in

549
00:39:35.480 --> 00:39:38.800
I mean growing men and women will
cry when we buy their company because one

550
00:39:38.880 --> 00:39:42.079
lady said, I never thought I
was going to get to work for a

551
00:39:42.119 --> 00:39:45.719
company that cares about need. Okay, she cried, She just never thought

552
00:39:45.760 --> 00:39:52.360
in her life. And so there's
such a hunger for respect and dignity in

553
00:39:52.400 --> 00:39:55.679
this country that we could give them
for free. We don't need to pass

554
00:39:55.800 --> 00:40:00.000
laws on the reason why taxes.
We just need to look at those people.

555
00:40:00.079 --> 00:40:05.320
We have the privilege of leading as
somebody's precious style and knowing that the

556
00:40:05.360 --> 00:40:08.239
way we lead them will affect their
health and their marriage and the way they

557
00:40:08.239 --> 00:40:13.800
behave in this country. Okay,
that is Simon Senecu. I'm going to

558
00:40:14.000 --> 00:40:17.000
share with a profound statement. Simon
senec and studying Mary Weambul and studying the

559
00:40:17.000 --> 00:40:22.239
Marines, he came to the following
observation. In the military, we honor

560
00:40:22.320 --> 00:40:28.320
those who give themselves in service of
others, and in business we give bonuses

561
00:40:28.360 --> 00:40:31.800
to people who sacrifice others in the
service of themselves. He said, why

562
00:40:31.880 --> 00:40:37.639
if we can teach military leaders that
officers need last, in other words,

563
00:40:37.679 --> 00:40:40.639
your primary responsibility as those young men
and women in your care, why can't

564
00:40:40.679 --> 00:40:45.280
we teach business leaders your primary responsibility
is the men and women in your care.

565
00:40:45.440 --> 00:40:50.679
Your primary responsibility is that, which
is what the CEO round Table was

566
00:40:50.760 --> 00:40:57.719
moving towards before COVID nineteen, recognizing
that there's a lot of concern is capitalism

567
00:40:57.760 --> 00:41:01.800
good for our society? A lot
of dialogue about socialism because people don't feel

568
00:41:02.239 --> 00:41:07.079
capitalism is helping them masses, it's
helping the few, and they're trying to

569
00:41:07.159 --> 00:41:10.719
expand this. So we know,
because again, we didn't think we had

570
00:41:10.760 --> 00:41:15.679
anything special. We just evolved through
these experiences, those revelations I told you.

571
00:41:15.960 --> 00:41:21.519
And so it was only when Simon
Senek came in and because he had

572
00:41:21.559 --> 00:41:23.920
heard about it, and he spent
a day at two days talking to our

573
00:41:23.960 --> 00:41:28.840
people, and he said, I
am no longer a nutty idealists. I

574
00:41:28.840 --> 00:41:32.079
have just seen what I dream of. I dream of being able to walk

575
00:41:32.119 --> 00:41:36.639
down any street in any town in
this country and tap anybody in the shoulder

576
00:41:36.679 --> 00:41:38.280
and say do you like your job? And they say no, I don't

577
00:41:38.320 --> 00:41:42.880
like my job. I love my
job. That's the world. Simon dreads

578
00:41:42.960 --> 00:41:45.119
them, and his statement is,
if it exists, it must be possible.

579
00:41:45.440 --> 00:41:50.679
So he said he's no longer nutty
idealists because he saw when he talked

580
00:41:50.679 --> 00:41:53.639
to our people. And then Bill
Ury of Harvard, a World peace negotiator,

581
00:41:53.719 --> 00:41:55.880
comes in because Simon Sene says,
you got to see this place.

582
00:41:55.920 --> 00:42:00.199
You gotta see this place. So
Bill flies in does kind of the where

583
00:42:00.239 --> 00:42:02.320
Simon did. And Bill stands up
in front of me, this amazing world

584
00:42:02.320 --> 00:42:07.480
peace negotiator and says, Bob,
I just saw the answer to the world

585
00:42:07.480 --> 00:42:10.079
peace. And I said, what, you walked into a manufacturing plants in

586
00:42:10.119 --> 00:42:14.119
Wisconsin and you saw the answer the
world piece said yes, I saw a

587
00:42:14.119 --> 00:42:20.239
place where people genuinely care for each
other. Coming from a world peace negotiator

588
00:42:20.760 --> 00:42:23.679
sitting down talking with people and rosa
starty and my co author said he saw

589
00:42:23.800 --> 00:42:29.159
grown men and women cry and tear
up just trying to say what it meant

590
00:42:29.840 --> 00:42:32.599
to be a part of an organization
that truly sent a message we care about

591
00:42:32.639 --> 00:42:37.480
you, Okay, not just a
customer and customers not number one. Okay,

592
00:42:37.519 --> 00:42:40.320
it's not the shareholders. Our people
are our primary responsible now. We

593
00:42:40.360 --> 00:42:43.440
have to do a lot of things
right to be good to our people.

594
00:42:43.880 --> 00:42:47.960
So anyway, it's we invite people, we share our guiding princil leadership,

595
00:42:49.400 --> 00:42:52.320
our overriding statement as we measure success
by the way we touched the lives of

596
00:42:52.360 --> 00:42:58.280
people. Okay. I came to
that observation about ten years ago when we

597
00:42:58.280 --> 00:43:00.159
were doing a video. Somebody said
you needed a video of your company and

598
00:43:00.199 --> 00:43:04.960
capture the culture. So our team
marketing team was doing in they came and

599
00:43:05.000 --> 00:43:07.559
so mister chadmore getting near the end
of the video, we kind of capture

600
00:43:07.559 --> 00:43:09.800
all these moments. But how we
want to talk about success and growth.

601
00:43:09.800 --> 00:43:14.159
We want to as about the time
of Enron and the scandal of Enron,

602
00:43:15.079 --> 00:43:19.280
and I said, you know,
Enron had beautiful statements on the wall.

603
00:43:19.280 --> 00:43:22.639
They just didn't live those statements.
We are not going to put them on

604
00:43:22.679 --> 00:43:23.719
the wall. We're gonna put it
on people's heads and arts. And I

605
00:43:23.800 --> 00:43:29.639
began going around Operation operates and this
is what we believe in. How are

606
00:43:29.639 --> 00:43:34.639
we doing? And people got emotional. They expressed some of the areas were

607
00:43:34.800 --> 00:43:37.159
inconsistent. You know, we had
the people on the floor and the people

608
00:43:37.159 --> 00:43:40.480
in the office, we had hourly
people. We have all these ways of

609
00:43:40.519 --> 00:43:46.199
referring to human beings hourly salary,
you know, engineer, and when you

610
00:43:46.239 --> 00:43:50.679
look at them as everybody's personality,
try and treat them with compassion and care

611
00:43:51.119 --> 00:43:54.320
and try and give them good teacher. It's amazing how people will feedback to

612
00:43:54.320 --> 00:43:58.119
you what it means to them in
their life. Okay, so again,

613
00:43:58.280 --> 00:44:01.119
ninety five percent of the feedback when
we transform managers and the leaders is how

614
00:44:01.159 --> 00:44:07.000
it affects their marriage and their relis
civil usual. Okay, so we're coming

615
00:44:07.039 --> 00:44:08.360
to the very close of the show. Already, Bob to evaporated. But

616
00:44:08.400 --> 00:44:10.800
the last thing I really want you
to talk about, because this is I

617
00:44:10.800 --> 00:44:14.880
think this is one of the things
that makes you really really different unique And

618
00:44:15.400 --> 00:44:20.119
one is you're focused on trust and
empathetic listening. But you talk about trust

619
00:44:20.159 --> 00:44:22.079
as being the foundation of leadership,
and you say, if you trust people,

620
00:44:22.320 --> 00:44:25.239
it will trust you back. If
you engage them in creating a shared

621
00:44:25.320 --> 00:44:30.039
vision for the future of the enterprise
and then give them freedom to act in

622
00:44:30.119 --> 00:44:34.199
support of that vision, it would
do so responsibly and creatively, enthusiastically.

623
00:44:34.639 --> 00:44:37.400
Ordinary people can do extraordinary things if
you create the right culture in a sustainable

624
00:44:37.440 --> 00:44:40.599
business model. Would you speak to
that because that is so different from what

625
00:44:40.880 --> 00:44:46.679
normal acquisitions do you know? I
think you have to understand my basic inherent

626
00:44:46.760 --> 00:44:50.840
tendencies to trust people. I would
hate to live in a world where I

627
00:44:50.840 --> 00:44:53.159
didn't feel I was with people I
could trust, Okay, So when I

628
00:44:53.199 --> 00:44:58.239
meet somebody, I would tend to
start by trusting them. And so the

629
00:44:58.320 --> 00:45:04.679
foundation of our culture is to trust
the people and give them an opportunity who

630
00:45:04.719 --> 00:45:07.599
they can be who they're intended to
be. And again again I want you

631
00:45:07.639 --> 00:45:13.079
to one of the key things we
teach in our leadership is the foundation for

632
00:45:13.159 --> 00:45:17.079
trust is value, okay, And
we teach people empathetic listening. It's a

633
00:45:17.119 --> 00:45:22.920
free day, intense course where everybody
has a chance to take it and it

634
00:45:23.599 --> 00:45:27.960
makes a profound impact on people.
So I would say to you, the

635
00:45:28.000 --> 00:45:31.679
core of this culture that we've now
become known for, truly the leadership begins

636
00:45:31.760 --> 00:45:36.840
with teaching people how to care for
each other. You could tell your listeners

637
00:45:36.920 --> 00:45:38.079
all day, we need to care
for each other more. We need to

638
00:45:38.119 --> 00:45:40.719
live in society, work care.
They say, sure, I agree,

639
00:45:40.760 --> 00:45:44.519
but I don't know how to care. Now what does it mean so I

640
00:45:44.639 --> 00:45:47.360
have a food drive, so I
donate to charity. Well, we don't

641
00:45:47.360 --> 00:45:51.599
take people to care. We teach
people to listen to each other. And

642
00:45:52.239 --> 00:45:54.960
David varnemoll And, who developed this
for us, was brilliant because I find

643
00:45:54.960 --> 00:46:00.440
it is the foundation to trust when
you feel valued by somebody when listen to

644
00:46:00.480 --> 00:46:02.480
you. I thought, at least
if I cared for somebody, I should

645
00:46:02.480 --> 00:46:05.920
go talk to them. It turns
out, when you care somebody, you

646
00:46:06.079 --> 00:46:10.519
go listen to them with empathetic listening
skills and you profoundly validate them and earn

647
00:46:10.639 --> 00:46:15.639
their trust because they feel valued.
So trust. As a result, we

648
00:46:15.679 --> 00:46:19.480
don't. We didn't go at this
to try and get people to trust us.

649
00:46:20.559 --> 00:46:23.440
We behaved in a way that showed
we cared, and trust was the

650
00:46:23.519 --> 00:46:30.440
outcome of our behavior. We offered
people classes to learn. We start feeding

651
00:46:30.480 --> 00:46:32.719
the hungry, the people. We
wanted people to take the classes who wanted

652
00:46:32.760 --> 00:46:37.960
to learn the most. Our goal
was that everybody in the leadership position would

653
00:46:37.960 --> 00:46:42.440
have the skills of empathetic, blessing
and the other skill that is really important

654
00:46:42.480 --> 00:46:45.400
that I want your listeners here.
So we also teach recognition and celebration.

655
00:46:46.079 --> 00:46:50.519
We have a society right now that
focuses on the brokenness of the world.

656
00:46:51.159 --> 00:46:52.920
All you have to do is turn
of your media and I media outlet and

657
00:46:52.920 --> 00:46:57.880
you can see the brokenness in every
part of our world. What's it like

658
00:46:58.039 --> 00:47:00.079
to live be inundated with the brokeness
the world every day? You know what

659
00:47:00.159 --> 00:47:05.719
it says, you can't trust anybody
in our organization. We start with the

660
00:47:05.760 --> 00:47:09.519
foundation of individuals. We trust you, We give you responsible freedom, we

661
00:47:09.599 --> 00:47:14.079
share with you where we're going,
and we value you. So trust is

662
00:47:14.119 --> 00:47:17.000
an outcome, not our goal.
Okay, people said they feel valued,

663
00:47:17.039 --> 00:47:22.159
they trust us, and so it
trust as a result of showing that you

664
00:47:22.280 --> 00:47:27.199
care, that you want people to
be who they're intended to be, that

665
00:47:27.639 --> 00:47:30.880
they're safe within your care and that
they can be you know, they can

666
00:47:30.920 --> 00:47:34.440
grow and prosper in your company.
So trust is an outcome, and that

667
00:47:34.559 --> 00:47:37.480
was that's what we did. We
didn't again, we didn't start by time

668
00:47:37.559 --> 00:47:42.599
to get people to trust us.
We try to behave in a way that

669
00:47:42.760 --> 00:47:46.119
showed that we respected them. And
trust was the outcome of our behavior and

670
00:47:46.199 --> 00:47:51.880
our bringing leadership fundamentals to them.
Them feeling safe for all these years to

671
00:47:52.000 --> 00:47:57.079
operate without you having to hurt people, people feel a dramatic difference. I

672
00:47:57.079 --> 00:48:01.679
mean it just again, Simon senting
Biliar. I mean the people that have

673
00:48:01.760 --> 00:48:06.440
been into our company from all over
the world now, the Mackenzie people,

674
00:48:06.519 --> 00:48:12.440
the Harvard people. They're visually startled
at the way people in our country feel

675
00:48:12.480 --> 00:48:15.920
when they feel in an organization where
they can trust the leaders in terms of

676
00:48:15.960 --> 00:48:20.039
having their best interests at heart.
Oh, Bob, it's so beautiful.

677
00:48:20.440 --> 00:48:22.760
We're out of time, but I
want to give you the last word,

678
00:48:22.159 --> 00:48:25.519
and you say, thirty seconds through
us what was only our listeners and viewers

679
00:48:25.559 --> 00:48:31.840
with Today we face some really serious
issues in this country before COVID nineteen,

680
00:48:32.000 --> 00:48:37.480
amplified by COVID nineteen, further amplified
by the social arrest and then on top

681
00:48:37.519 --> 00:48:44.280
of that the discourse politically, we
need to give people a sense of hope,

682
00:48:44.400 --> 00:48:47.960
and we have as business leaders,
as leaders of nonprofit hospitals, the

683
00:48:47.960 --> 00:48:53.199
military, we have the chance to
profoundly change the issues. We don't need

684
00:48:53.239 --> 00:48:58.920
the government to pass laws, raised
taxes, change parties, We just as

685
00:48:59.400 --> 00:49:01.920
leaders of every type of organization in
this country. We just need to look

686
00:49:01.960 --> 00:49:06.880
at those people in our span of
care as somebody's precious child and make sure

687
00:49:06.960 --> 00:49:09.000
that we are doing everything we can
do to give them a future so they

688
00:49:09.000 --> 00:49:15.360
can trust us, they can be
good stewards of their families, behave properly

689
00:49:15.480 --> 00:49:20.280
entertaining because we've been self destructing for
economic gain and we have not got human

690
00:49:20.320 --> 00:49:22.400
gain, which we desperately need to
be in harmony with the economic game.

691
00:49:22.679 --> 00:49:27.719
So we could deal with these issues
tomorrow. We don't need to change political

692
00:49:27.719 --> 00:49:31.039
parties, race taxes. We could
do it tomorrow by simply looking at the

693
00:49:31.039 --> 00:49:35.840
people in our spanic care as somebody's
precious child and saying, are we being

694
00:49:35.840 --> 00:49:38.239
the leader that they need they deserve, so they can be either intended to

695
00:49:38.239 --> 00:49:43.639
be so. Looking at that responsibility
from a different lens is the key to

696
00:49:43.719 --> 00:49:45.199
the issues we face in this country, and we need to look for the

697
00:49:45.239 --> 00:49:49.920
goodness and hold it up and encourage
people. This is the way we are

698
00:49:50.000 --> 00:49:54.559
called. Bob, I brought you
on the show because I absolutely one thousand

699
00:49:55.000 --> 00:49:58.599
percent believe in your message and what
you're saying. I echo it and I

700
00:49:58.639 --> 00:50:00.320
wanted to spread it. So thank
you very very much for being on the

701
00:50:00.360 --> 00:50:04.920
show and sharing your perspective with us. It's been an honor and a treat

702
00:50:05.039 --> 00:50:08.800
Thank you. I so much need
people like you with your voice around the

703
00:50:08.840 --> 00:50:13.800
world so we can create a movement, because I'm called to make sure that

704
00:50:13.840 --> 00:50:16.679
this does not die with me.
Absolutely. Listeners and viewers, if you

705
00:50:16.679 --> 00:50:20.559
want to learn more about Bob Chapman
and the work that they're doing with Truly

706
00:50:20.639 --> 00:50:22.480
Human Leadership, go to there's a
couple sight you can go to. You

707
00:50:22.519 --> 00:50:27.400
can go to Bob Chapman dot coo, or you can go to Truly Human

708
00:50:27.559 --> 00:50:30.159
Leadership dot com. Last week,
if you missed the live show, you

709
00:50:30.159 --> 00:50:35.000
always catching Being Reported podcast. We
were on the air with Jeff Lovejoy talking

710
00:50:35.000 --> 00:50:37.719
about his passion newly birthed in the
pandemic called leader Equips, which is a

711
00:50:37.719 --> 00:50:43.159
weekly series of short leadership lessons accumulated
over his thirty years career in sales leadership.

712
00:50:43.519 --> 00:50:46.239
Next, Weekly on the Air with
Elizabeth Lotardo talking about her book Selling

713
00:50:46.280 --> 00:50:50.760
with Noble Purpose, How to draw
revenue and do work that makes you proud,

714
00:50:51.079 --> 00:50:52.880
ste you and are. Remember that
work is at least a third of

715
00:50:52.880 --> 00:51:00.320
our lives. So let's work on
purpose. We hope you've enjoyed this week's

716
00:51:00.360 --> 00:51:05.599
program. Be sure to tune into
Working on Purpose, featuring your host,

717
00:51:05.639 --> 00:51:10.000
doctor Alice Cortez, each week on
the Voice America Empowerment Channel. Together,

718
00:51:10.320 --> 00:51:17.280
we'll create a world where business operates
conscientiously. Leadership inspires impassioned performance, and

719
00:51:17.400 --> 00:51:22.519
employees are fulfilled in work that provides
the meaning and purpose they crave. See

720
00:51:22.559 --> 00:51:24.920
you there, Let's work on Purpose.