Unpacking from my recent move, I found some old notes from a dinner with Peter Schutz. Peter was the CEO of Porsche from 1980-1988. He helped me kick off one of my executive groups in 1996. Peter passed away in 2017, but he was a person you never forget.
At our dinner he talked about the difference between the democratic process and a dictatorship in a management team. As CEO of Porsche, Peter attended many of the automobile races where Porsche had an entry. Le Mans was his favorite. He loved to visit the pit area, but even as CEO, if he got in the way or his assistance was needed to grab a tire or a wrench, the orders were barked and by golly, he complied. He didn’t just comply. He enthusiastically grabbed the tire and delivered it port-side to the car, and just in time, because there weren’t any seconds to waste.
Was the action in the pit a democracy or a dictatorship?