Eleven years ago I was asked by a group of prominent academicians and business men from Boston if I would agree to help build TIM (Technion Institute of Management) in Israel. A good friend and colleague Zeev Tadmor – then President of the Technion, challenged me to see if I could support the development of a totally different project compared to anything else I had done before. Until then, I visited and worked in more than 100 countries, managed eight companies and experienced challenges, failures and successes of all sorts.
“Why don’t you walk your talk and translate what you have learned as a CEO to try build a first-of-its-kind global management program for executive teams?” he said.
After much internal debate and hesitation, I decided to take the project on and build it, committing to a period of four years. Ten years later, with thousands of CEOs and Vices Presidents as graduates, hundreds of cover stories in the international media and hundreds of successful company projects, along with Professor Lester Thurow our Chairman and Professor Shlomo Maital our Academic Director, we have decided to move on.
It is not only difficult to leave a life time project which made a difference for so many executives, but it is also quite difficult to let it go. So much of my life learning and lessons came from TIM. So many people around the world became accustomed to hearing our voice (TIM has been to forty two sites worldwide on benchmarking visits and met with 542 global corporations – most of them on a Chairman and CEO level).
So, not only will I miss TIM terribly I will cherish the wonderful days, weeks, months and years we spent developing one of the best Global Executive Programs in the world.
Many friends and colleagues criticized me when I decided to take over the company in the late nineties. They challenged me whether it was even possible to build a “new concept” when there were so many programs around. They tried to convince me to take over a commercial company again as opposed to managing a company in the development area of management. All I can say is that I don’t regret a second of devoting ten years of my life to help develop quality executives. It actually helped me become better in what I do.
My next newsletter will already come out of the Yoyah Group. But I do want to thank all the people who made our ten years possible and successful. The list will probably take another three pages so I will write my gratitude separately. I do want to wish all of you the strength, the will power and the ability to give from yourselves for worthwhile causes whenever you can.
I have given all of me to TIM for many years and there are not enough words in my mind to describe my learning and the insights I gained. Until the next letter, I wish you all love and success.
Yoram



New heights of openness – New depths of friendship
Patience as outlined in dictionary.com is defined as; “the quality of being patient, as the bearing of provocation, annoyance, misfortune, or pain, without complaint, loss of temper, irritation, or the like… quiet, steady perseverance; even-tempered…”
At times there is a sad part to friendship. This happens when you are betrayed by one who you considered a good friend. When greed, egotism and self-indulgence take over, that is when one needs “to do his/her balance sheet.” By admitting the pain, disappointment and loss of faith, one can try to move on.
Over the weekend I had the opportunity to meet with one of Israel’s former prime ministers. I described to him a meeting I had had in Qatar where Emir H.H Sheikh Hamad bin Khalifa Al Thani spoke to a group of leaders. The group included some Israelis, and the Emir was well aware of the effect this had on the mood and environment in which he found himself speaking. Being the brilliant speaker that he is, the Emir treated the whole audience equally and fairly. I was impressed because I knew that the pressure on the gentleman was quite strong and harsh. Now, the Emir is not a “lonely” person, neither is he ever physically alone, but he is in a position which could lend itself to loneliness during his decision process.
If there is one definite prediction in life, it is that we will all eventually get older. As of today, to the best of my knowledge, science has not yet discovered a magical formula for the “fountain of youth” to keep us young forever. Our physiological structure is built around the natural decay of the human cell, and as such, aging is an unavoidable process.
So many of us work around the clock, buried and entangled within the spider web of the many excuses for our own neglectful inactions in life. Some people I know in the high-tech industry have not taken vacation for years. They walk around like zombies, with stressed-out minds and spirits and waning self-esteem. I spoke to such an individual just a few days ago. As it happened, I felt privileged to be able to help him open up and pour out his aching heart to another man (which does not often happen in my chauvinist culture). He confessed, “I am falling apart. I feel down most of the day. The relationship with my wife is going down the drain and I have less patience for my kids. My whole body aches more times than it not. I wish there was a way for me to go away for a few days of sailing to relax my mind and get away from it all. I need it so badly,” he finally added.
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