LA Lakers President, Jeanie Buss ON: Empowering Women in Leadership On & Off the Court | Summary and Q&A

Transcript

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Summary

In this interview, Jeannie Buss, the controlling owner of the Los Angeles Lakers, discusses her journey in the world of basketball, her values as a leader, and her experiences with trust and challenges. She shares stories about her childhood, the lessons she learned from her father, and the impact of therapy and mindfulness on her life. Jeannie also talks about the importance of integrity, standing up for what you believe in, and the power of trusting the people around you. She highlights the significance of gender equality and shares her views on being a woman in a leadership position. Jeannie also discusses her relationship with LeBron James, the late Kobe Bryant, and their influence on her life.

Questions & Answers

Q: How did Jeannie Buss feel when Adam Silver called her NBA royalty?

Jeannie explains that she feels humbled and doesn't consider herself privileged but believes that the statement is due to her 40-year career in the business.

Q: What is a childhood memory that had a big impact on Jeannie's life?

Jeannie recalls wanting to work in the family business from a young age and her father recognizing her passion for work. He shifted their business from real estate to sports and entertainment, which sparked Jeannie's long-standing love for the industry.

Q: What was one of the biggest lessons Jeannie learned from her father?

Jeannie emphasizes that her father taught her the importance of treating people with respect, regardless of their circumstances. He treated everyone, from powerful business tycoons to valet attendants, with kindness and instilled the value of respect in her.

Q: What did Jeannie teach her father?

Jeannie explains that her father was inspired by her sense of calm, discipline, and dedication to personal growth. Although he sometimes encouraged her to take breaks, he appreciated her strong work ethic and commitment.

Q: How did Jeannie become the general manager of the LA Strings at 19?

Jeannie shares that her father named her the general manager at a young age to give her the opportunity to experience both success and failure. Through this experience, she learned the importance of taking ownership and being responsible for outcomes.

Q: What parallels in leadership has Jeannie observed between her experience as a young general manager and her current role?

Jeannie points out that making decisive decisions, building trust, and having clear values are essential in both situations. She emphasizes the significance of integrity, consistent decision-making, and staying true to one's values.

Q: How has Jeannie built trust within her organization?

Jeannie mentions that she dealt with challenges when leaks within her organization undermined trust. However, by addressing the issue, extinguishing the leaks, and fostering a values-oriented culture, trust was rebuilt. She emphasizes the importance of trust in enabling successful collaboration and achieving shared goals.

Q: How does Jeannie handle criticism and negative opinions?

Jeannie shares her experience of receiving negative comments and criticism, particularly during difficult times. She learned the importance of not reacting impulsively, focusing on doing the work, and staying true to herself and her organization's values.

Q: How did Jeannie and the Lakers approach the social activism movement within the NBA?

Jeannie considers their role as illuminating issues rather than being activists. She believes in standing up for what they believe is right and using their platform to bring awareness to social injustices. Jeannie shares specific actions they took, including posting a letter on social media to raise awareness about racism.

Q: How does Jeannie handle being one of the few women in a leadership position in the NBA?

Jeannie encourages young women to follow their passion and not let gender be a limiting factor. She believes that talent and values matter more than gender and encourages aspiring leaders to focus on their skills and goals.

Q: How has therapy and mindfulness been useful to Jeannie in managing pressure and challenges?

Jeannie underscores the benefits of therapy and mentions that she even participated in group therapy. She highlights the value of learning about oneself and gaining a different perspective through therapy. Jeannie also attributes her calming energy to the lessons she learned from Phil Jackson, known as the Zen Master, during their 15 years together.

Q: What was a memorable moment with Kobe Bryant?

Jeannie recounts a private meeting with Kobe when he shared his retirement plans and how he wanted to announce it. She describes his desire to maintain secrecy until the announcement and the success they had in executing his vision. The announcement allowed the entire NBA to pay tribute to Kobe.

Q: What has Jeannie learned from LeBron James, and what does she think she has taught him?

Jeannie admires LeBron's fearlessness, consistency, and his dedication to fighting for what he believes in. She feels honored to have him as a leader and hopes that she has inspired him. Jeannie also expresses her pride in LeBron's commitment to the Lakers and the strong team dynamics they have built.

Takeaways

Jeannie Buss's journey as a leader in the world of basketball highlights the importance of integrity, trust, and staying true to one's values. She believes in addressing challenges directly, fostering trust within the organization, and being mindful and disciplined in decision-making. Jeannie emphasizes that gender doesn't define one's potential for success and encourages young women to follow their passions. Therapy and mindfulness have played a significant role in Jeannie's life, providing her with self-awareness and clarity. Her experiences with Kobe Bryant and LeBron James demonstrate the power of positive relationships and the impact of mutual inspiration and respect.