8th Habit Summary

Topics: Stephen Covey, The Seven Habits of Highly Effective People, Leadership Pages: 21 (6483 words) Published: October 29, 2010
Concentrated Knowledge™ for the Busy Executive

Vol. 27, No. 9 (3 parts), Part 1, September 2005 • Order # 27-21

FILE: LEADERSHIP

®

From Effectiveness to Greatness

THE 8TH HABIT
THE SUMMARY IN BRIEF
For individuals and organizations, effectiveness is no longer merely an option — survival requires it. But to thrive, excel and lead in the Knowledge Worker Age, we must move beyond effectiveness to greatness, which includes fulfillment, passionate execution and significant contribution. Accessing a higher level of human genius and motivation requires a sea change in thinking: a new mind-set and skill set — in short, an additional habit to those featured in The 7 Habits of Highly Effective People. The crucial challenge is to find our own voice and inspire others to find theirs. This is the 8th Habit. The 8th Habit shows you how to tap the limitless value-creation promise of the Knowledge Worker Age. It shows you how to solve the major contradictions inherent in organizational life — most of which are a carryover from the Industrial Age. This summary will transform the way you think about yourself, your purpose in life, your organization and other people. It explains how to move from effectiveness to greatness. By Stephen R. Covey

CONTENTS
The Pain, the Problem And the Solution
Page 2

Discover Your Voice
Page 3

Express Your Voice
Page 3

The Leadership Challenge
Pages 3, 4

What You’ll Learn In This Summary
✓ The power of win-win thinking. When you’re willing to suspend your own interests long enough to understand what the other person wants most, you can collaborate on a new, creative solution. ✓ How to increase your influence. Find out how to work on these three dimensions of yourself: ethos (your ethical nature, personal credibility, and the trust that others have in your integrity and competence); pathos (your empathy — knowing how others feel and how they see things); and logos (the power and persuasion of your own presentation and thinking). ✓ There is a connection between leadership style and success. The very top people in truly great organizations are “Servant Leaders.” They are the most humble, the most reverent, the most open, the most teachable, the most respectful and the most caring. They model moral authority through service, humility and contribution. ✓ The importance of the Balanced Scorecard. It is concerned not only with the traditional bottom line, but also with the quality of the organization’s relationships with all its key stakeholders. These are predictors of future results. ✓ How to create 8th Habit leadership. The 8th Habit leader has the mindset and the skill set to constantly look for the potential in people. This kind of leadership communicates to people their own worth so clearly that they come to see it in themselves. Published by Soundview Executive Book Summaries, P.O. Box 1053, Concordville, PA 19331 USA © 2005 Soundview Executive Book Summaries • All rights reserved. Reproduction in whole or part is prohibited.

The Voice of Influence
Page 4

The Voice of Trustworthiness
Page 4

The Voice and Speed of Trust
Pages 4, 5

Blending Voices
Pages 5, 6

One Voice
Page 6

The Voice and Discipline of Execution
Page 7

The Empowering Voice
Pages 7, 8

The 8th Habit and the Sweet Spot
Page 8

Using Our Voices Wisely to Serve Others
Page 8

THE 8TH HABIT
by Stephen R. Covey

— THE COMPLETE SUMMARY

The Pain, the Problem And the Solution
More than 25 years ago, Muhammad Yunus was teaching economics at a university in Bangladesh when he met a woman making bamboo stools for two U.S. pennies a day. She explained that because she didn’t have the money to buy the bamboo to make the stools, she had to borrow from a trader who imposed the condition that she had to sell the product to him alone, at a price that he decided. Yunus made a list of 42 similar workers around the village who could use very small loans to improve their lives. The total...
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