Throughout his long and often tumultuous career, Robert Iger has developed a set of guiding principles for leadership. One of the most important is the relentless pursuit of perfection, but this must be balanced with fairness so that employees aren’t afraid to make mistakes. Alongside this is his focus on integrity, the secret weapon in a competitive business.
Through the acquisitions of Pixar and Marvel, Iger learned that long shots are not so long if you do your homework, and that acquisitions are really about the people rather than the product. When times get tough, focus on the future and the abilities of your people, and always be willing to curb your ego as a leader.
Ultimately, be ready to innovate or die. And during that process, be prepared to suffer now in order to win later.