Fortive’s CEO: Jim Lico

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From being raised in Detroit, the motor city, to becoming an influential leader, Jim walks us through his personal experiences and the lessons he’s learned along the way. If you haven’t had the chance to hear our interview with Jim Lico, then check out some of our takeaways below:

1. The Decision Three (Not a typo!)

There should be a foundation for any job and Jim shares his decision tree of what he bases his career decisions off of. He has three criteria and questions you should ask yourself: 1) Am I learning? 2) Am I adding value? 3) Am I working with people who are outstanding? Jim never had a 5- or 10-year plan, but he did know he wanted to work at a smaller company, where his work would have a higher impact. After 8 years of work experience, Jim went back to grad school because he wanted to run a business, which school would help fill the gaps in skills needed to do so. He also took advantage of it by building a network. He emphasizes that school isn’t the only ticket in to go where you want, as it’s all about life experiences and the skills and knowledge they’ve taught you.

2. Say:Do

Growing up with a father who only set high expectations for him, Jim viewed this as a gift and a compliment because it meant someone believed in him. This positive thinking helped him grow, as he got others to grow with him, so I guess you could say he’s also the COO (Chief Optimist Officer)! He religiously follows a high say-do ratio. Whatever you say, especially at work, you have to do it. Jim inspires coworkers by reminding them why they’re doing what they do. It’s ok to say you’d do something and fail, as long as it builds upon your resiliency. Jim even believes that resiliency and determination are the two biggest life skills. When facing challenges, find your mistakes, get back up on your feet, and try again.

3. The First Job Is Two Jobs

Jim has shared two crucial must-do’s when starting your first job (or new). First, is to be open minded. You don’t know everything and there’s always new things to learn to help you improve at doing what you do best. The second is to build relationships with stakeholders, because it will open new doors of opportunity for you. When you communicate what impact you want to have on the world, some will find that they could help you get there. That’s how Jim received his first internship opportunity from one of his “customers” as a teen, when he ran his own landscaping gig!
Check out Jim’s full story on our podcast!

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