The Three Foundations of a Great Life, Great Leadership, and a Great Organization

This is the commencement speech that HBS professor Michael Jensen delivered to the 2011 graduates of the McDonough School of Business at Georgetown University. Drawing from his own experiences, he discusses the three foundations of a great personal life, great leadership, and a great organization. Those three foundations are integrity, authenticity, and being committed to something bigger than oneself. Key concepts include:

As integrity declines, workability declines. As workability declines, value (or more generally, the opportunity for performance) declines.

The actionable pathway to authenticity is to be authentic about your inauthenticities.

Being committed to something bigger than oneself is the source of both personal and corporate passion and energy.

Michael C. Jensen

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