Walt Rakowich is a seasoned business executive who led the turnaround of an S&P 500 company at the height of the 2008 recession. Stepping in as CEO of Prologis after the stock had fallen over 96 percent within 10 months, Walt and his team redirected the global real estate company from what looked like inevitable collapse. He ultimately helped Prologis regain its position in the industry through transparent leadership methods that aligned with a set of core values: humility, honesty and heart.

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How to Build Trust within a Virtual Team

Transparency

In response to a recent newsletter, a reader dropped me a note to share a few of the challenges he’s facing — challenges I suspect are common to many young professionals, especially aspiring leaders who work on a virtual team. As Paolo Sciacovelli pointed out in a blog for ScienceforWork.com, the success of tools like […]

Superstitious Rituals and the Power of Believing

Culture

When I was a boy, I played a lot of baseball growing up. I liked to play the infield at shortstop or second base and when my team would take the field, I made sure that I never walked on top of the first or third baseline. Instead, I always walked over the baseline. I […]

4 Strategies Younger Managers Need to Lead

Leadership

Masahiro Sakashita built a fabulous track record while working for Prologis in Japan, and he was a natural choice to lead Nippon Prologis REIT, the company we took public there in 2012. There was just one problem: Sakashita was in his early 50s, which was relatively young for a leader of a public company in […]

5 tips for Aspiring CEOs in a Transparent World

Business

Les Wexner has been the CEO of L Brands, the fashion retailer whose holdings include Victoria’s Secret and Bath & Body Works, since 1963. Warren Buffett has run Berkshire Hathaway for 47 years and counting. And Alan Miller founded Universal Health Services in 1978 and is still the CEO. According to research by The Conference […]

Leading as conductor | Walt Rakowich

Glass house leadership

Walt discusses the importance of transparency in a world that sees leaders’ every move. “Smart leaders are intentionally transparent because they understand the world  that they are in, and they use it as an opportunity to demonstrate their purpose and their vision.”