136: Mike Thorne on The New P&L: People and Listening

<p>I invite guests to share personal stories about acts of leadership that help shape their lives. In Episode 136, Mike Thorne shares his story about his own development. He illustrates how to work with employees to support them in their career development. He then recommends a book and advises us on how we can strengthen how we lead.</p> <p><strong>Prologue</strong></p> <p>Having served as the CEO of a Synthetic Turf company, President of Russell Athletic Team division, and President of Yankee Candle, Mike has had to read numerous P&amp;L sheets. From his experience in these roles, Mike explains that the most critical P&amp;L is not Profit &amp; Loss but people &amp; listening. Currently, Mike is a Vistage Chair, where he facilitates for small/midsize business owners and coaches subject-matter experts in under 5 employee companies.</p> <p><strong>01:21 Part 1: Letting Go of the 1000 Pound Weight on Your Shoulders</strong></p> <p>In this story, Mike shares something his parents said to him that affected his outlook on life. He describes his journey from being in sports to his high-level executive role to sharing his story in a Toastmasters meeting.</p> <p><strong>13:48 Part 2: Tell Me Your Story</strong></p> <p>Mike explains how he worked with an employee applying for a higher-level role. He models how learning someone’s story helped position the employee for his next role.</p> <p><strong>18:35 Part 3: It’s Brady Time</strong></p> <p>Mike recommends a book and advises us about how we should start our day.</p> <p>_________________________________</p> <p><strong>How You Can Support the Show</strong></p> <p>Unlabeled Leadership is a free service for people to learn about leadership. If you want to support the show, you can make a $0.99 donation. Your support reduces production expenses. <a href="https://anchor.fm/unlabeled-leadership/support">https://anchor.fm/unlabeled-leadership/support</a></p> <p><br></p> <p>Robynne Orr is the opening voice narrator. To learn more about her amazing storytelling capabilities, visi