I would like to continue with Part II of “Lessons from the Devil.” Miranda Priestly, so aptly played by Meryl Streep, is the epitome of what not to do as a leader. Runway’s success is built on fear tactics and power-hoarding. The writing is on the wall with companies like these. When the domineering leader leaves the company, it enters a sharp decline. An example of this is when Lee Iacocca left Ford. The company went from consistent growth to dismal performance. No one was prepared to fill his shoes.
Lead by gaining buy-in. Miranda Priestly leads through fear. The first scene at Runway shows Emily, Miranda’s assistant, receiving a call that Miranda is arriving at the office earlier than expected. Panic ensues and rightfully so. When Miranda interacts with her employees, it consists of berating them for their ineptitude, doling out orders, and bullying in general. Continue reading