Former Fortune 500 CEO Harry Kraemer discusses how knowing and acting on your values can guide you through a crisis.
In August of 2001, Harry Kraemer faced a full-blown leadership crisis.
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At the time, he was CEO of Baxter International, a company that makes healthcare products. When one of those products was linked to patient deaths worldwide, it was up to Kraemer to decide how to respond. “I said, ‘Wait a minute, if God forbid somebody dies, we should take responsibility for that,’ ” he recalls.
Kraemer is now a clinical professor of strategy at Kellogg and author of two books on values-based leadership. On this episode of the Kellogg Insight podcast, he discusses how to make hard choices that align with your internal compass.
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This article first appeared in www.insight.kellogg.northwestern.edu
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