Businesses could take a lesson from Obama

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New York: If Barack Obama were a corporate chief executive, the incoming US president already would be winning high marks for his management style, experts say.

The president-elect’s steady hand and calm demeanor that have earned him the moniker “No Drama Obama” are traits business leaders could well learn from, according to management experts.

“What he’s doing is masterful,” said Paul Reagan, a management consultant and senior lecturer at Wayne State University in Detroit. “His value system is clear, and he spends a tremendous amount of time reinforcing that he does what he says he will do.

“His credibility right now is so high most people already see him as the corporate head,” Reagan said. There’s one particular aspect of Obama’s style that business leaders likely do not share —an acute awareness of his own strengths and weakness, said Paul Copcutt, a personal brand strategist based in Dundas, Ontario.

That awareness is evident in his cabinet selections, in which Obama has chosen veterans to provide the expertise or experience he lacks, he said.

“In corporate, we’re brought up to look at our weaknesses and how can you improve those and what can you work on,” Copcutt said. “Really good leaders should be focusing on what they’re good at and either delegating or finding other ways to achieve what they’re not good at.”

From Hillary Clinton, a former campaign rival, to Robert Gates, a holdover from the administration of Republican President George W. Bush, Obama’s cabinet choices show an effort to build a coalition with voices that may disagree with his own, Reagan said.

Chief executives, on the other hand, often build a “go-to team” of supportive advisors who “don’t bring in all of the voices that they really need to lead all of the organization,” he said.

Obama’s demonstration of skill is still in its early days, however. All he has done so far is pick some key cabinet members and urge Congress to act swiftly on an economic stimulus plan when it takes office in early January.

“The jury is still out,” said Nancy Koehn, a business historian and professor at Harvard Business School.

The tougher tests come once Obama moves into the White House on January 20.

On the downside, a management style that appeals to so many constituencies, such as Obama’s, poses the risk of broad disappointment, Reagan said.