In this podcast, Walt Rakowich discussed his book Tranfluence, the insights it carries, and shared how his journey has helped him save his company that took a nosedive from $70 share to $3 share. He shared how the art of transfluence has helped him and could help many other businesses stay afloat and thriving through transformative times.
Transfluence: How to Lead with Transformative Influence in Today’s Climates of Change by Walt Rakowich amzn.to/31O4ssS
Walt’s Recommended Read:
1776 by David McCullough amzn.to/31PxNmK
John Adams by David McCullough amzn.to/3hXoQ0f
The Purpose Driven Life: What on Earth Am I Here For? by Rick Warren amzn.to/31TNmKk
Halftime: Moving from Success to Significance by Bob P. Buford (Author), Jim Collins (Foreword) amzn.to/2DoXQb3
Some of the many questions we covered:
1. Explain your journey to your current role?
2. Could you share something about your current role?
3. What does your company do?
4. What is Transfluence?
5. Why write this book?
6. What this book is for?
7. What are some role models when it comes to Transfluence?
8. When do you know that you are facing a transfluence problem?
9. How to change the culture?
10. What if you are not a leader? How would you influence them?
11. What if you recently joined a company with strong cultural roots and Transfluence is not their strong suit, how to influence then?
12. Is it a good model in crises or could a company building on the principal of Transfluence tend to perform better?
13. What did you do as a leader to give your people hope when Prologis went from one of the best to one of the worst-performing stocks?
14. Why do you believe leaders need to show vulnerability now more than ever?
15. How does a crisis inform the way employees watch and listen to their leader?
16. What does it take to lead in the three dynamic climates you describe? The Climates of Access, Diversity, and Acceleration.
17. What advice do you have for emerging leaders in taking the next step in their leadership journey?
18. What are 1-3 best practices that you think is the key to success in your journey?
19. Do you have any favorite read?
20. As a closing remark, what would you like to tell our audience?
Walt Rakowich is a leadership speaker and former executive of Prologis, a global real estate company that was near collapse when he took over as CEO in 2008. During the economic downturn, the Prologis stock had dropped from over $70 per share to approximately $2 per share in 10 months, making it the third-worst performing company in the S&P 500. After Walt joined as CEO, he quickly implemented a change in culture through transparency, orchestrating a dramatic turnaround and restoring its position in the industry.
He is the author of TRANSFLUENCE: How to Lead with Transformative Influence in Today’s Climates of Change (Post Hill Press, September 29, 2020). In addition to speaking to audiences on a range of leadership topics, Walt also serves on a number of corporate and philanthropic boards.
Before starting his business career, Walt attended Pennsylvania State University where he received his BS in accounting. He went on to earn his MBA from Harvard Business School. In his free time, Walt enjoys traveling, mentoring youth, and participating in a wide range of community service initiatives. He and his wife Sue have two adult children and reside in Colorado.
Work 2.0 Podcast is created to spark the conversation around the future of work, worker, and workplace. This podcast invite movers and shakers in the industry who are shaping or helping us understand the transformation in work.