The Price Way:
Distributed Leadership
Building an Army of Leaders
Price is celebrating its 75th anniversary throughout 2024, and our commemoration of this milestone will dedicate special attention to the 13 tenets of the Price Way. Each post in this blog series explores one of these guiding principles, giving our blog readers a closer look at its meaning.
Distributed Leadership in Action
At Price, it is the responsibility of every leader to enable others to lead in their own right. Our goal is to institutionalize a leadership culture throughout the company.
By nurturing others to lead, we are creating an environment of trust and accountability and are providing our team members with the authority they need to take action. We create our own future leaders from within.
Fortified with distributive responsibility, an army of leaders will always outperform an army with a single general. We do not have independent decision-makers who operate with a command-and-control mindset, ruling in a distrusting atmosphere of their own creation; we have a team of leaders that prioritizes innovation, defaults to action and advances our business.
“It is indisputable that our success in Sustainable Systems, and where we are today as market leaders, is a direct result of the talented and diverse leadership group we have and of the contribution of every team member. As a collective, we foster innovation and team engagement to drive product development and deploy into new markets using strategies forged together as a team.”
– Chris Burroughs, Product Manager for Sustainable Systems
Our Book:
I’m Just Gerry
Read the full story about our 13 Tenets
For entrepreneurs, innovators and leaders seeking affirmation that there are no shortcuts on the path to finding success in business.