“Leadership Lessons from Mobsters” with Jerold Zimmerman & Daniel Forrester | Ep. 151

Written By Amir Ghannad
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About this Episode:

In this episode of the Transformative Leader Podcast, I’m happy to bring you a conversation with Jerold Zimmerman and Daniel Forrester about how the Sinaloa Cartel, the American Mafia, the Hells Angels, the Crips, and the Bloods survive—and even thrive—whereas legal companies that play by the rules falter and often fail, and what leaders can learn from them. We discuss what it takes to create the right culture and solid strategies to deliver extraordinary results over the long haul. While we are certainly not celebrating or glorifying the illegal practices of the aforementioned organizations, we discuss the practices that legal business can learn from and apply in order to replicate the success in their workplaces.

Jerold L. Zimmerman, Ph.D., is a globally recognized microeconomist, author of seven books and has taught organizational economics, accounting, and finance at the University of Rochester’s Simon Business School for more than forty years. He has consulted with numerous clients, including Fortune 500 companies and management advisory firms, to demonstrate how organizational economics principles can improve a firm’s culture and, eventually, its performance. Zimmerman is also a founding editor of the Journal of Accounting and Economics, one of the most highly referenced peer-reviewed journals in economics, and has served on several public company boards of directors. His fifty published studies and books include textbooks on economics and accounting and a trade book about designing organizations that create value.

Daniel P. Forrester is the founder and CEO of THRUUE, Inc, an expert consultancy that assists leaders in bridging the gap between corporate culture and corporate strategy. He works with CEOs, boards of directors, and C-suite leaders, helping them align around a clear strategy while understanding reputational and cultural risk. Daniel has spent the past twenty-five years successfully building consulting practices in the financial services, telecommunications, and public services sectors, utilizing his entrepreneurial approach to strategy. His previous book, Consider: Harnessing the Power of Reflective Thinking in Your Organization, examines how leaders responded to the explosion of data and hyper-connectivity impacting organizations and the role reflection can play in dramatically changing corporate outcomes.

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Amir Ghannad
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“Creating Collaboration through Questions” with Marie Mathiesen | Ep. 150