Take a Seat in the Harvard MBA Case Classroom

00:09:59
https://www.youtube.com/watch?v=p7iwXvBnbIE

Resumo

TLDRThe video places viewers in the shoes of Cynthia Carroll, the CEO of Anglo American, faced with a tough decision after a fatal accident at one of the company's mines. The dilemma involves deciding whether to shut down the operation to change safety culture or continue operations. In a Harvard Business School classroom setting, students energetically debate this real-world scenario, weighing the implications of a bold move versus systematic safety improvements. The discourse emphasizes the role of diverse perspectives in decision-making and the leadership challenges in navigating such complexities. The educational approach encourages deep thinking, challenging norms, and embracing constructive criticism to develop robust leadership qualities.

Conclusões

  • 👷 Cynthia Carroll faces a CEO's real-world challenge in the mining industry.
  • 🔄 The idea of a 'bold stroke' for cultural shift in safety practices.
  • 🎓 Harvard Business School's case method facilitates dynamic learning.
  • 🧠 Importance of diversity of thought and background in decision-making.
  • 🎯 Balancing safety and operational continuity in crisis management.
  • 📚 Leadership growth involves tackling complex, real-world problems.
  • 👥 Peer discussions enhance learning and broaden perspectives.
  • 🏆 Shutting down a mine could represent a strong commitment to safety.
  • ⚖ Stakeholder analysis is crucial in managing change.
  • 🌏 Global diversity at HBS enriches the educational experience.

Linha do tempo

  • 00:00:00 - 00:09:59

    A scenario is set up where the listener becomes Cynthia Carroll, the CEO of a large mining company facing a critical decision after a miner's fatality. The discussion revolves around whether to shut down a mine following safety concerns. Participants consider the implications of shutting down versus improving safety culture and the role of leadership in driving change. The conversation highlights the complexities of decision-making and the importance of different perspectives in a business environment.

Mapa mental

Mind Map

Perguntas frequentes

  • Who is Cynthia Carroll?

    Cynthia Carroll was the CEO of Anglo American, one of the world's largest mining companies.

  • What main challenge does Cynthia face in the video?

    Cynthia faces the challenge of deciding whether to shut down a mine after a fatality at a site.

  • What is the significance of shutting down the mine?

    Shutting down the mine would signify a strong shift in company culture towards prioritizing safety over profits.

  • What are some reasons given not to shut down the mine?

    Some argue that improving the overall culture of safety across the organization is more effective than a shutdown.

  • What educational setting is depicted in the video?

    The video takes place in a business education setting, likely Harvard Business School, where cases and real-world scenarios are discussed.

  • How do students in the video contribute to the discussion?

    Students actively participate by giving their perspectives, challenging each other, and learning from diverse viewpoints.

  • What is a 'bold stroke' according to the discussion?

    A 'bold stroke' refers to making a significant change or decision that indicates a shift in mentality or approach.

  • How does the video emphasize diversity of thought?

    It highlights how engaging with peers from diverse backgrounds leads to richer discussions and better decision-making.

  • What is the role of the professor in the video?

    The professor facilitates the discussion, encouraging students to think deeply and consider various perspectives.

  • What is highlighted as a learning outcome for students?

    Students learn to engage in complex decision-making and value different perspectives, leading to personal and intellectual growth.

Ver mais resumos de vídeos

Obtenha acesso instantâneo a resumos gratuitos de vídeos do YouTube com tecnologia de IA!
Legendas
en
Rolagem automática:
  • 00:00:03
    today
  • 00:00:04
    we put ourselves in the shoes of cynthia
  • 00:00:06
    caro
  • 00:00:07
    imagine you've become ceo
  • 00:00:11
    of one of the world's largest mining
  • 00:00:14
    companies
  • 00:00:14
    anglo-american 25 billion dollars in
  • 00:00:18
    sales
  • 00:00:19
    162 000 employees
  • 00:00:22
    two-thirds of them in south africa and
  • 00:00:25
    four months into your job you hear the
  • 00:00:29
    news
  • 00:00:30
    one of the miners in rustenburg
  • 00:00:34
    has lost his life
  • 00:00:37
    yet another fatality
  • 00:00:40
    you have to decide are you going to shut
  • 00:00:43
    down the mine
  • 00:00:45
    or continue business as usual
  • 00:00:48
    david if you can open for us today
  • 00:00:50
    you're cynthia carroll
  • 00:00:52
    the news comes to you do you shut down
  • 00:00:55
    the mine
  • 00:00:56
    in rustenburg yes or no what are you
  • 00:00:59
    gonna do
  • 00:01:00
    so i think she needs to initiate
  • 00:01:03
    some very detailed investigations into
  • 00:01:07
    what happened in these circumstances and
  • 00:01:09
    then what has happened
  • 00:01:10
    throughout the past are you going to
  • 00:01:12
    shut down or not shut down
  • 00:01:14
    so i'm going to do a detailed
  • 00:01:16
    investigation
  • 00:01:19
    and then when i do have a plan what are
  • 00:01:21
    you learning what are you learning in
  • 00:01:23
    this investigation
  • 00:01:24
    practices that are not being followed
  • 00:01:26
    correctly or out of line or could be
  • 00:01:28
    safer
  • 00:01:29
    where there's like people are dying it's
  • 00:01:31
    not safe
  • 00:01:34
    what evidence are you looking for when
  • 00:01:37
    you get the opportunity to participate
  • 00:01:38
    you need to be able to
  • 00:01:40
    compact the information that you're
  • 00:01:41
    going to present in a very concise and
  • 00:01:43
    clear manner
  • 00:01:45
    through participation in class every day
  • 00:01:47
    this is something that i am trying to
  • 00:01:49
    sharpen
  • 00:01:50
    who wants to get in on this it's dynamic
  • 00:01:52
    it's fast peace there's a ton of energy
  • 00:01:55
    everyone's really excited to jump in and
  • 00:01:56
    contribute i learn
  • 00:01:58
    a lot from my peers as much as i learn
  • 00:02:00
    from the faculty if not more
  • 00:02:02
    the professor kind of facilitates like
  • 00:02:04
    an orchestra they kind of direct the
  • 00:02:05
    music but they're not necessarily
  • 00:02:06
    playing it
  • 00:02:09
    i think we need to shut it down minor
  • 00:02:11
    deaths are accepted as just a
  • 00:02:13
    part of the process of mining shutting
  • 00:02:15
    down the operation
  • 00:02:17
    will signal a very strong mentality
  • 00:02:19
    shift that debts aren't going to be
  • 00:02:21
    tolerated that's called a bold stroke by
  • 00:02:25
    the way
  • 00:02:26
    what grant is talking about what is
  • 00:02:29
    talking about
  • 00:02:30
    robert is talking about is a bold stroke
  • 00:02:33
    which means
  • 00:02:34
    from this day forward something has
  • 00:02:36
    shifted
  • 00:02:38
    but those of you who disagree say what
  • 00:02:41
    those of you who disagree say what will
  • 00:02:43
    i think we do much more
  • 00:02:45
    if we improve the culture around safety
  • 00:02:47
    in the entire organization
  • 00:02:48
    there's some truth that we're trying to
  • 00:02:50
    work toward the debates become more and
  • 00:02:51
    more fun
  • 00:02:52
    because that's when you get to uncover
  • 00:02:54
    views that you hadn't thought of
  • 00:02:55
    and when you get to push your own
  • 00:02:57
    thinking and
  • 00:02:58
    hopefully make your own thinking much
  • 00:03:00
    much better if you allow
  • 00:03:02
    your perspective to be constructively
  • 00:03:05
    challenged by other people
  • 00:03:06
    then it is just fascinating how you know
  • 00:03:08
    your position and your perspective
  • 00:03:11
    can shift those of you who want to shut
  • 00:03:13
    down how do you respond to this
  • 00:03:16
    layla we had we shut down the plant
  • 00:03:18
    because we had safety issues and we made
  • 00:03:20
    a stand and we started
  • 00:03:22
    making a safety culture like we had a
  • 00:03:23
    safety the fact that we can have
  • 00:03:25
    difficult uncomfortable conversations we
  • 00:03:28
    can talk about race we can talk about
  • 00:03:30
    politics
  • 00:03:31
    and still be friends at the end of the
  • 00:03:33
    day and to have people who are not
  • 00:03:36
    from a specific group but still have
  • 00:03:38
    sympathy and empathy
  • 00:03:40
    is pretty unique beyond cultural and
  • 00:03:43
    beyond structural we also talk about
  • 00:03:45
    just the people of the organization
  • 00:03:47
    the overseers are generally white and
  • 00:03:48
    the workers are generally black the
  • 00:03:50
    language which
  • 00:03:50
    they communicate is called finagle it's
  • 00:03:53
    largely a command and control language
  • 00:03:55
    so you're saying some structural you're
  • 00:03:57
    saying some linguistic communication
  • 00:03:59
    barriers
  • 00:04:00
    you're saying some uh organization
  • 00:04:02
    cultural issues
  • 00:04:03
    around the entire organization i think
  • 00:04:06
    casement that also gives you humility
  • 00:04:08
    your perspective is not enough to figure
  • 00:04:11
    out the answer to a question
  • 00:04:12
    and actually gives you the ability to
  • 00:04:15
    ask other people
  • 00:04:16
    what their perspective is so there's 27
  • 00:04:19
    countries represented in our section of
  • 00:04:20
    94 people
  • 00:04:21
    and because of the way that the case
  • 00:04:22
    method is structured we can sort of get
  • 00:04:25
    underneath what are those differences
  • 00:04:26
    really tied to
  • 00:04:27
    you know are there cultural things about
  • 00:04:28
    where you come from that makes the
  • 00:04:29
    business world operate slightly
  • 00:04:31
    differently
  • 00:04:31
    and are there things that we can learn
  • 00:04:33
    from those differences i think consumers
  • 00:04:35
    are critical here so not only do they
  • 00:04:37
    care about having
  • 00:04:38
    high quality inputs to their supply
  • 00:04:40
    chains on time
  • 00:04:41
    but they will also care about safety in
  • 00:04:44
    the first
  • 00:04:45
    month or couple weeks of class i was
  • 00:04:47
    hesitant to participate
  • 00:04:48
    but over time i've gotten rid of all of
  • 00:04:51
    my barriers and don't really
  • 00:04:53
    have any qualms about participating but
  • 00:04:55
    a lot of that is because of
  • 00:04:57
    the support of my classmates and not
  • 00:04:59
    only do i see it changing in myself but
  • 00:05:00
    i see
  • 00:05:01
    my classmates making better points over
  • 00:05:04
    time which then also
  • 00:05:05
    again pushes me to be better stakeholder
  • 00:05:09
    analysis
  • 00:05:10
    is so so important when we think about
  • 00:05:12
    change
  • 00:05:13
    so important to do we think about who do
  • 00:05:15
    we need to worry about
  • 00:05:17
    and what do they care about what are
  • 00:05:18
    their interests and so you start there
  • 00:05:21
    but that's not enough you have to then
  • 00:05:24
    say where do i need to invest the most
  • 00:05:27
    time who is in this
  • 00:05:31
    cell the board i'm really worried about
  • 00:05:34
    the managers
  • 00:05:35
    i think the government's also key in
  • 00:05:37
    here being
  • 00:05:38
    in the case setting you realize how
  • 00:05:41
    valuable
  • 00:05:41
    everyone else around you is and how
  • 00:05:44
    valuable their opinions are and the
  • 00:05:45
    importance of being a really good
  • 00:05:47
    active listener so before we shift from
  • 00:05:51
    this and think about some action
  • 00:05:53
    planning
  • 00:05:54
    i just want to show of hand because it's
  • 00:05:56
    not clear to me
  • 00:05:58
    in this room how many of you are
  • 00:05:59
    shutting down
  • 00:06:03
    really and how many of you are not
  • 00:06:05
    shutting down
  • 00:06:07
    so most of you are not shutting down wow
  • 00:06:14
    so are we going to resolve this now or
  • 00:06:17
    are there points that we need to make i
  • 00:06:20
    don't know if i think this is a
  • 00:06:21
    performance gap i don't know if this is
  • 00:06:22
    about best practices to me this is about
  • 00:06:24
    culture
  • 00:06:27
    if all of these like if all these minors
  • 00:06:29
    were like white and not black
  • 00:06:31
    i think that death rates would look very
  • 00:06:33
    very differently because i think people
  • 00:06:34
    would consider
  • 00:06:35
    the value of the lives of the people in
  • 00:06:36
    the mind very differently
  • 00:06:38
    the question we have to ask is is this
  • 00:06:40
    company
  • 00:06:41
    extracting more value from the community
  • 00:06:43
    than it's providing
  • 00:06:45
    it's scary to be vulnerable in a working
  • 00:06:46
    world so you're oftentimes
  • 00:06:48
    taught to put up a shield but here
  • 00:06:50
    you're given an environment that
  • 00:06:52
    supports you to take those risks and
  • 00:06:53
    actually celebrates failures or
  • 00:06:56
    celebrates diversity of thought when you
  • 00:06:58
    don't agree with someone
  • 00:06:59
    jumping into the arena using your brain
  • 00:07:02
    to come to the best hypothesis and
  • 00:07:03
    conclusion that you can given the data
  • 00:07:05
    that you have
  • 00:07:06
    is a task that leaders have to do every
  • 00:07:08
    day how do you use limited information
  • 00:07:11
    to make a decision and do that in a way
  • 00:07:14
    that forces you to flex that muscle of
  • 00:07:15
    dealing with ambiguity
  • 00:07:17
    they don't get it jake yeah it dragged
  • 00:07:20
    me back up from the front line to the
  • 00:07:21
    ceo position one of the things that i
  • 00:07:23
    was thinking about
  • 00:07:24
    is not just all of these different
  • 00:07:25
    elements that we should be considering
  • 00:07:27
    in terms of safety but also the
  • 00:07:28
    leadership capability of cynthia herself
  • 00:07:30
    you reliably took positions at your
  • 00:07:33
    previous company
  • 00:07:34
    they were incredibly unpopular and
  • 00:07:36
    encountered all sorts of resistance
  • 00:07:38
    and i think this is a case where you've
  • 00:07:40
    shown that you can do it and so i would
  • 00:07:41
    shut down
  • 00:07:43
    the situation is different don't you
  • 00:07:44
    think is she suited for this job
  • 00:07:48
    can she do this i think that's an
  • 00:07:50
    incredibly challenging question
  • 00:07:55
    that's what we do jake this is what we
  • 00:07:58
    do
  • 00:08:01
    this is what we do
  • 00:08:04
    we push students to take a position
  • 00:08:08
    or to take a stand because it forces
  • 00:08:11
    students
  • 00:08:12
    to think deeply to think about risks
  • 00:08:16
    to think about the weaknesses in their
  • 00:08:18
    ideas
  • 00:08:19
    and to also be open to influence
  • 00:08:22
    i want them to set high standards for
  • 00:08:24
    themselves i want them
  • 00:08:26
    to be challenged i want them to
  • 00:08:28
    challenge others
  • 00:08:30
    so what initially brought me here was
  • 00:08:32
    that i wanted to complement
  • 00:08:34
    these skills that i've developed in
  • 00:08:36
    architecture and consulting with
  • 00:08:38
    business skills but once i got here
  • 00:08:42
    those priorities completely changed what
  • 00:08:45
    inspires me now
  • 00:08:46
    is really the having super engaged in
  • 00:08:49
    discussions with my peers
  • 00:08:51
    i don't think that i've ever been that
  • 00:08:53
    intellectually stimulated
  • 00:08:55
    on a day-to-day basis i am here and i
  • 00:08:58
    think for me that's inspiring and it
  • 00:09:00
    just
  • 00:09:00
    wakes me up every day with excitement i
  • 00:09:03
    think i recognized that
  • 00:09:05
    i wasn't pushing myself to think
  • 00:09:07
    differently
  • 00:09:08
    or to lead differently i wasn't going to
  • 00:09:11
    do anything extraordinary
  • 00:09:12
    and i thought maybe if i came here i
  • 00:09:15
    would be pushed in a way that would lead
  • 00:09:17
    me
  • 00:09:18
    to develop into someone who could change
  • 00:09:20
    something at hbs
  • 00:09:22
    there's just no one here who wants to
  • 00:09:25
    come out the same way they
  • 00:09:26
    came in and that's really exciting 30
  • 00:09:29
    years ago cynthia carroll
  • 00:09:31
    30 years ago was actually in your seats
  • 00:09:35
    in these exact same seats and because of
  • 00:09:37
    her
  • 00:09:38
    thousands and thousands of miners
  • 00:09:42
    in the world are paid better
  • 00:09:45
    much safer and are leading
  • 00:09:49
    better lives with much more dignity one
  • 00:09:52
    day
  • 00:09:52
    not only that could be you i know that
  • 00:09:55
    one day it will be you
Etiquetas
  • Cynthia Carroll
  • Anglo American
  • Mining Industry
  • Safety Culture
  • Leadership
  • Decision-Making
  • Crisis Management
  • Business Education
  • Diversity of Thought
  • Bold Stroke