Coaching Through Stories

The 1980s Tylenol Crisis and Why Mission Matters with Dr. Eric Bean


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During the  third  episode of the  Coaching Through Stories  podcast, host Eric Bean coaches us on the importance of mission using the 1980s Tylenol crisis as a case study. Learn about the power of having a mission, especially during a crisis. This episode will help you consider why missions are meaningful and why they should be used when you encounter non-routine situations.  

  

NOTE: This episode was recorded prior to the COVID-19 pandemic  

  

Episode Highlights:   

  

  • Learn the story of the 1980s Tylenol crisis that proved the value of Johnson & Johnson’s mission.  
  • Learn how Johnson & Johnson managed the crisis using their mission statement to filter their decision-making.   
  • Missions matter and need to be used.  
  • Eric defines vision, mission, and philosophy.  
  • Your behavior is a good indication of your values.  
  • Organizations need to leverage their mission.  
  • If you’re a leader, review your mission with your employees regularly.  
  • 11,000 senior managers were asked their company's top 3-5 priorities and only about 1/3 could name their company's top three goals.  
  • Get to know your priorities and reflect on them.  
  • Mission improves strategic alignment.  
  • Leaders must consider if they are rewarding behaviors that are aligned with company values.  
  • Employees can align their work with the company’s values.  
  • We want to have purpose and meaning in our lives.  
  • Why we’re working matters.  
  • Meaning attracts talent.  
  • A strong mission fosters customer engagement.  
  • You have control over your mission, value, purpose, and philosophy.  
  • Gallup found that margin and mission are not at odds with each other.  
  • The why matters because the why will get others to buy into your ideas and initiatives.  
  • Finding purpose as an employee will give you opportunities to lead.  
  • Challenge your mission from time to time.  
  • Your mission can serve as a guide to make decisions during challenging and non-routine situations.  
  • Eric recommends The Culture Code by Daniel Coyle for additional reading.  

  

  

3 Key Points:  

 

1.  Mission matters and needs to be known to help employees align their work.  

2.  There are major benefits to showing up to work with a purpose.  

3.  Your mission can serve as a guide to make decisions during challenging and non-routine situations.  

  

 

Resources Mentioned:  

  

  

  • Simon Sinek’s “Start With Why” TED talk 
  • The Culture Code by Daniel Coyle 
  • HigherEchelon 

 

 

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Coaching Through StoriesBy Eric Bean

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