Professional Documents
Culture Documents
Ian Domowitz
The Vice Chairman’s Doctrine: Rocking the Top in Industry Version 4.0
10 9 8 7 6 5 4 3 2 1
For Marguerite, whose wisdom as a CEO and life partner
permeates this book. I will miss her always.
Description
There are books about product and companies, but no books about a
company as a product.
After 19 years in academics and 17 years on Wall Street, Ian Domowitz
arrives from orbit around the top of a corporation with a mindset of
leadership without authority. The former public company Vice Chairman
and CEO offers a no holds-barred treatment of influence and leverage,
complete with coaching, mantras, and essential tales of leadership.
Change management is a lifestyle. Transformation is a calling card. The
Vice Chairman’s product is the company itself.
Wrapped inside a series of vignettes, research and stories show how
business process and culture converge as competitive advantage. Com-
pany priorities of innovation, branding, and culture are refashioned
through unorthodox lenses that focus action through design thinking
and transformation within a social system. Drawing from his body of
knowledge and experience, Domowitz blurs lines between self-reflection,
philosophy, and management science as he explores corporate life and
decision making.
The Vice Chair learns from architects, storytellers, linguists, psycholo-
gists, relationship gurus, mathematicians, religious figures, science fiction
characters, detectives, film directors, professors, entrepreneurs, software
designers, fearful events, AI, and even real companies. Each teaches trans-
formation in its own way. The greater metamorphosis combines personal
development with the management of a company as though it were a
product. Culture emerges in the form of actionable values.
The Vice Chairman’s Doctrine is a transformative tale of leadership
without authority, a perspective suiting a new breed of entrepreneurs and
corporate warriors who reject control, live in a world of influencers and
aspire to become one. It is a set of principles advocated, taught, and put
into effect with respect to the acquisition and exercise of power, a coherent
sum of assertions regarding influence and leverage within a company.
viii Keywords
Keywords
leadership; business culture; organizational learning; management skills;
design thinking; decision making; entrepreneurship; sociology; artificial
intelligence
Contents
Testimonials������������������������������������������������������������������������������������������xi
Preface������������������������������������������������������������������������������������������������� xv
Acknowledgments��������������������������������������������������������������������������������� xix
Notes�������������������������������������������������������������������������������������������������149
References�������������������������������������������������������������������������������������������153
About the Author��������������������������������������������������������������������������������157
Index�������������������������������������������������������������������������������������������������159
Testimonials
“What a unique and inspired new direction for non-fiction, business-driven
books.
The balance of research and development mixed with the author’s unique wit
and charm is what really sold this narrative.”—Anthony Alvina’s Book
Review Blog
“The Vice Chairman’s Doctrine: A Guide to Rocking the Top in
Industry 4.0 comes from a former public company Vice Chairman and CEO
who offers a different business take than in most books. His focus on transfor-
mative business experiences, the wellsprings of creativity and flexibility that
lead to success, and the stories that back these experiences set this business book
apart from almost every other discussion on the market.
Domowitz does not use a single company for his corporate examples. Instead, he
weaves the perspectives, knowledge, and power of leadership and change into each
different story to provide not just business lessons, but emotional connections
to events and growth experiences. The addition of dramatic flourishes to capture
audience attention may be otherworldly or emotional draws. But, with the
best acuity of nonfiction, Domowitz supports them with real-world incidents,
examples, and facts to educate and transform business readers.
xii Testimonials
“A masterpiece. Ian Domowitz has written a timeless manual for anyone lead-
ing and advising leaders on successful business growth and change. If wickedly
erudite humor, crystal clear thinking and well-earned wisdom sound like the
elements of a book you want to read, then buy The Vice-Chairman’s Doctrine
immediately. This is a rare, crisp exhortation I will refer to for the rest of
my life.”—Jared Carney, Founder, CEO, Lightdale, LLC and
Vice-Chairman, McKinley Capital
“A must read. In ever his ever-timely book, Dr. Domowitz shares his opinion
freely through his hard-earned, often gut-wrenching, insider’s experience.
He lays bare, from the top down, the naked, essential, often brutal elements
of corporate function. Seldom can one gain an inside view of corporate
intrigue and world-class wisdom at the same time. This is a no holds-barred,
exceptional read, complete with coaching, mantras, and essential tales of
leadership.”—Richard E. Buckley. MD, CEO, Aurora Scientific, Inc.
Testimonials xiii
“Prepare yourself for a unique journey into a forest where few dare to
explore. Drawing from his body of knowledge, readings, and experience,
Domowitz has blurred the line between self-reflection, philosophy,
and management science and made insightful excursions into the trees and
branches of corporate life and decision making. His trail guide of navigating the
Industry Version 4.0 jungle and potentially finding the fruits of innovation
and transformation is very fun and easy to read.”—Minder Cheng,
Managing Member ThirdStream Partners and Former Chairman,
Investment Technology Group, Inc.
“Professor Domowitz has pulled off a rare feat. He’s written a book that not
only offers deep insights into product management and corporate culture but
is genuinely a great read. Highly recommended to anyone interested in how
new products and services are brought to market.”—Ananth Madhavan,
Head of ETF and Index Investing Research at Blackrock and Author
of Exchange-Traded Funds and the New Dynamics of Investing
Vice Chairs do not write books. Yet, here we are. The presumption is no
one cares what they have to say. Beyond the optics of keeping someone
around, there are good reasons for the position to exist. Any Vice Chair
comes equipped with a body of knowledge and experience and is a veteran
of corporate committees and board rooms. Few have not commanded a
small army in their history. They carry a strong personal brand and their
bag of tricks includes valuable lessons for anyone at any career stage who
desires to lead rather than follow.
A good Vice Chairman is that kind of magician.
Read this book, and let’s have a little fun. There will be stories, even
stories about stories. This is not a book about a single firm nor is it a
sequence of personal war tales. You will not find four-box diagrams or
bullet points in bold type. You will find the biggest mashup of transfor-
mative stories since the popular TV series Stranger Things.
Stranger Things is a tale of transfiguration. Characters and themes
range from young friends struggling with identity to black-suited
government agents roaming a not-so-secret secret government laboratory
in which analogs of the X-Men are produced. A single mother endures
the tragedy of child loss but finds help and a relationship in the form of a
police chief who investigates a fearful mystery while a mad scientist creates
a monster. A female lab product makes friends with all the friends, kills
the monster, and strands herself in an alternative world in preparation
for Season 2. A slug-like creature replaces the monster, and the audience
waits with bated breath. Whew.
The series’ commercial success relies on ingredients stirred together
to great effect. Every characterization has an element of transformation,
a universal attractor in storytelling. The assembly of transformative tales
into an uneasily cohesive whole is presented as a single transformation
greater than the sum of its parts. Every theme has been plumbed
many times before, but each storyline has its own audience, bringing
backstories and emotional response to the mix. Those in the
entertainment business are rabid fans of this aspect, because a built-in
audience is an easy source of revenue. Finally, the moral of the tale
unfolds as another mix of ill-defined ingredients. There is no ending; a
sequel awaits. Rinse and repeat.
Preface xvii
single term. The process explains or justifies personal and corporate brand
positioning if done correctly.
Language morphs into cultural bullet points advocated by manage-
ment and sold by human resource departments, but the Vice Chair is
interested in the fundamentals of cultural change as opposed to motivat-
ing slogans. If you want to know about culture, listen to the stories. If
you want to change culture, change the process. Better stories will follow.