Published Oct 7, 2024

HansVestberg Youtube Update

Hans Vestberg, CEO of Verizon, delves into visionary leadership and personal growth by sharing his journey from sports to business, discussing innovative strategies, stakeholder engagement, and the future of 5G connectivity, with a focus on enhancing customer experience.
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  • Innovation

    Hans Vestberg's approach to innovation is rooted in his diverse experiences and a unique process he calls the "boss contract." This involves drafting a white paper outlining his vision before engaging with stakeholders to refine and implement it. He emphasizes the importance of aligning his vision with organizational goals and stakeholder input, ensuring that everyone feels invested in the outcome.

    When I came into Verizon, I wrote a white paper, what I thought should be done in the company. Moral insights, ideas I had. And then in order to penetrate it in a company, I did 256 meetings with 256 different people.

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    This method has been instrumental in his leadership at Verizon, where he aims to stay ahead of the curve by anticipating future trends and challenges 1 2 3.

       

    Engagement

    Stakeholder engagement is a cornerstone of Hans's leadership strategy. He believes in the power of collaboration and trust, spending significant time understanding and motivating his team. Hans maintains a list of key individuals who influence Verizon's success and ensures regular communication with them to foster a supportive environment.

    You need to trust people. You need to spend hours and hours to recruit people, to learn to know them.

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    This approach not only strengthens internal relationships but also enhances the company's ability to navigate complex challenges 4 5 6.

       

    Leadership

    Hans Vestberg's leadership processes are designed to ensure effectiveness and alignment with his vision. He uses systematic methods, like the 'boss contract,' to set clear expectations and goals. Hans's drive for greatness is fueled by a deep commitment to his role and a desire to make a meaningful impact.

    If you're going to lead others, I learned over the journey, you need to know yourself. Really good.

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    His leadership philosophy is shaped by personal experiences and a strong belief in continuous improvement 4 7 8.

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