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Alan Lewis - Leading Through Turbulence: How a Values-Based Culture Can Build Profits and Make the World a Better Place

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Leading Through Turbulence: How a Values-Based Culture Can Build Profits and Make the World a Better Place: summary, description and annotation

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Focus on PEOPLE and PROFITS will follow

Alan and Harriet Lewis and Grand Circle Corporation demonstrate that emerging company owners are the true corporate heroes . . . the leading edge of a new approach to philanthropy and competitiveness.
Michael E. Porter, Harvard Business School

The travel industry has been one of the hardest hit by the recent recession. Yet Boston-based Grand Circle Corporation has been increasing profitabilityand growing at a rate of nearly 20 percent per yearfor the last two decades. Now, co-owners Alan and Harriet Lewis share the fascinating inside story of Grand Circle: how they grew their business into an international powerhouse, how they integrated their values and philanthropy into a working business model, and how they realized their dream of creating a different kind of company that profits everyone involved.

In Leading Through Turbulence, the Lewises show you how to:

  • Adapt and thrive in times of change and crisis
  • Create a corporate culture that promotes talent and growth
  • Invest in leadership at all levelsand in people with potential
  • Give back to the world through good works and philanthropy
  • Whether youre an executive, a manager, a business owner, or an entrepreneur, youll find real inspiration and insight in the Lewises incredible story. Youll learn how one company navigated the highs and lows of a changing global marketand how you can, too. Youll discover practical ways to balance risk and reward, profits and losses, and personal values with professional ethics. Youll see how the travel industry bounced back after the 9/11 attacks and how one company rose to meet the challenge of new online competitors. Most important, youll enjoy a deeper, more satisfying level of success by staying true to yourself, your coworkers, and your community at large.

    Life is a journey. Leading Through Turbulence shows you how to reach your destination. Safely. Smoothly. Successfully.

    Alan Lewis: author's other books


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    Copyright 2012 by Alan Lewis and Harriet Lewis All rights reserved Except as - photo 1

    Copyright 2012 by Alan Lewis and Harriet Lewis All rights reserved Except as - photo 2

    Copyright 2012 by Alan Lewis and Harriet Lewis. All rights reserved. Except as permitted under the United States Copyright Act of 1976, no part of this publication may be reproduced or distributed in any form or by any means, or stored in a database or retrieval system, without the prior written permission of the publisher.

    ISBN: 978-0-07-177709-4
    MHID: 0-07-177709-1

    The material in this eBook also appears in the print version of this title: ISBN: 978-0-07-177710-0, MHID: 0-07-177710-5.

    All trademarks are trademarks of their respective owners. Rather than put a trademark symbol after every occurrence of a trademarked name, we use names in an editorial fashion only, and to the benefit of the trademark owner, with no intention of infringement of the trademark. Where such designations appear in this book, they have been printed with initial caps.

    McGraw-Hill eBooks are available at special quantity discounts to use as premiums and sales promotions, or for use in corporate training programs. To contact a representative please e-mail us at bulksales@mcgraw-hill.com.

    TERMS OF USE

    This is a copyrighted work and The McGraw-Hill Companies, Inc. (McGraw-Hill) and its licensors reserve all rights in and to the work. Use of this work is subject to these terms. Except as permitted under the Copyright Act of 1976 and the right to store and retrieve one copy of the work, you may not decompile, disassemble, reverse engineer, reproduce, modify, create derivative works based upon, transmit, distribute, disseminate, sell, publish or sublicense the work or any part of it without McGraw-Hills prior consent. You may use the work for your own noncommercial and personal use; any other use of the work is strictly prohibited. Your right to use the work may be terminated if you fail to comply with these terms.

    THE WORK IS PROVIDED AS IS. McGRAW-HILL AND ITS LICENSORS MAKE NO GUARANTEES OR WARRANTIES AS TO THE ACCURACY, ADEQUACY OR COMPLETENESS OF OR RESULTS TO BE OBTAINED FROM USING THE WORK, INCLUDING ANY INFORMATION THAT CAN BE ACCESSED THROUGH THE WORK VIA HYPERLINK OR OTHERWISE, AND EXPRESSLY DISCLAIM ANY WARRANTY, EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO IMPLIED WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE. McGraw-Hill and its licensors do not warrant or guarantee that the functions contained in the work will meet your requirements or that its operation will be uninterrupted or error free. Neither McGraw-Hill nor its licensors shall be liable to you or anyone else for any inaccuracy, error or omission, regardless of cause, in the work or for any damages resulting therefrom. McGraw-Hill has no responsibility for the content of any information accessed through the work. Under no circumstances shall McGraw-Hill and/or its licensors be liable for any indirect, incidental, special, punitive, consequential or similar damages that result from the use of or inability to use the work, even if any of them has been advised of the possibility of such damages. This limitation of liability shall apply to any claim or cause whatsoever whether such claim or cause arises in contract, tort or otherwise.

    To our children, Edward and Charlotte, with love

    Contents

    CHAPTER 1
    Developing Building Blocks for Success

    CHAPTER 2
    Achieving Success by Adhering to Mission, Vision, and Values

    CHAPTER 3
    Leadership from Anywhere (and Everywhere)

    CHAPTER 4
    Doing Well by Doing Good: Integrating Philanthropy with Business Strategy

    CHAPTER 5
    Delivering Unsurpassed Value

    CHAPTER 6
    Measuring for Excellence (Again and Again)

    CHAPTER 7
    Fostering Customer Loyalty and Building Community

    CHAPTER 8
    Creating Marketing Strategies to Leverage Extreme Competitive Advantages

    CHAPTER 9
    Thriving in Change

    CHAPTER 10
    Managing Crises: Moments of Truth

    APPENDIX A
    Where We Give Back, 2011

    APPENDIX B
    Recognition of Our Commitment to Give Back

    APPENDIX C
    Sample Customer Survey

    Foreword

    In 1985, Grand Circle Travel was a small travel company with $27 million in sales that was losing $2 million a year. Then entrepreneurs Alan and Harriet Lewis acquired it. Today Grand Circle is one of the largest and most successful tour operators in the world with $500 million in annual sales, more than 115,000 travelers each year, three travel brands, and a worldwide organization that is headquartered in Boston with 34 overseas offices and 2,200 people supporting it from 60 countries. Grand Circles charitable foundation has donated or pledged $91 million to more than 300 educational, humanitarian, and cultural causes around the world, including 100 schools in 60 communities in 30 countries.

    Few companies in this business have managed to grow to this scale in the volatile environment of international travel. Grand Circles secret? Over the years, the company has created an adaptive leadership model that has helped it to not only survive but even thrive in a hostile, constantly changing environment. This unconventional model might prove very effective for other organizations trying to grow in or adapt to unpredictable times.

    The Five Big Questions This Book Answers

    In an unpredictable world, why is a different model needed from the traditional model taught in business schools?

    How can I build an organization that can adapt and thrive in change and crisis?

    How can a systematic focus on corporate culture and values create an organization that retains exceptional talent and has the flexibility to adapt to any situation?

    How does an investment in leadership at all levels of an organization pay off?

    How can strategic corporate philanthropy help a company do well by doing good?

    In this book, Alan and Harriet Lewis share the story of Grand Circle and of how they realized their dream of creating a very different kind of company. In doing so, they share key lessons theyve learned along the way, from the risks theyve taken, to the mistakes theyve made, to the challenges theyve overcome, as they built one of the most innovative and adaptive organizations in the world today.

    Leonard A. Schlesinger
    President, Babson College

    CHAPTER 1
    Developing Building Blocks for Success

    Do not go where the path may lead. Go instead where
    there is no path and leave a trail.

    RALPH WALDO EMERSON

    Alan: In 1985, Grand Circle Travel (GCT) was a small travel company with $27 million in sales and it was losing $2 million a year.

    Twenty-six years later, Grand Circle is one of the largest and most successful international tour operators in the world. More than 115,000 people travel with us every year; thats more than 2 million people over the past quarter century. More than 2,200 people make up our teamworking in our Boston headquarters, in one of our 34 offices overseas, or in one of some 60 countries where we operate our trips.

    We have three travel brands now: Grand Circle Travel, Overseas Adventure Travel (OAT), and Grand Circle Cruise Line, a fleet of more than 50 small ships that we own and operate to serve our Grand Circle Travel and Overseas Adventure Travel brands. Were highly profitable, with annual sales of more than $500 million. And were philanthropic, having donated or pledged more than $91 million to more than 300 educational, humanitarian, and cultural organizations worldwide through our charitable foundation, including 100 schools in 60 communities in 30 countries.

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