Companies

Verizon CEO Hans Vestberg's Leadership Strategy: Take Risks and Connect

Published November 19, 2023

In an innovative approach to leadership, Hans Vestberg, CEO of telecommunications giant Verizon VZ, has adopted a sports-inspired strategy to boost enterprise performance. Emphasizing the importance of risk-taking and connectivity, Vestberg's weekly practice involves initiating calls to approximately 30 individuals within the company. His conversations are not mere check-ins; they are motivational exchanges designed to inspire confidence and foster a tight-knit corporate community.

The Power of Personal Connection

At the core of Vestberg's philosophy lies the belief that personal connections can profoundly influence business outcomes. His proactive engagement not only allows him to maintain a pulse on the company's operations but also serves to galvanize his team. By reaching out to key players across various levels of Verizon, he diminishes the hierarchical gap and builds a shared sense of purpose.

Encouraging Calculated Risk-Taking

The drive to encourage calculated risk-taking is another hallmark of Vestberg's leadership. He understands that innovation and progress are often the results of stepping outside one's comfort zone. By empowering Verizon employees to take informed risks, Vestberg champions a culture of growth and resilience that is crucial to the company's ongoing success.

Leadership, Risk-Taking, Connectivity