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How Leaders Lead with David Novak

#198: Tom Baltimore, Chairman and CEO of Park Hotels and Resorts – Push yourself, push your team

How Leaders Lead with David Novak

David Novak Leadership

Entrepreneurship, Business, Management

4.8596 Ratings

🗓️ 1 August 2024

⏱️ 46 minutes

🧾️ Download transcript

Summary

How do you push yourself as a leader? And why does it matter? For insight into those big questions, don’t miss this episode with Tom Baltimore, the Chairman and CEO of Park Hotels and Resorts. Tom isn’t afraid to push himself. And that gives him the credibility to push others and make everyone around him more successful, too. It’s a skill you need if you want to build strong teams and get great results, and this episode will show you how it’s done! You’ll also learn: How to tap into dissatisfaction as a source of motivation Practical ways you can level up your organization’s leadership development What a “personal board of directors” is – and why you need one How authenticity creates better collaboration Take your learning further. Get proven leadership advice from these (free!) resources: The How Leaders Lead App: A vast library of 90-second leadership lessons to stay sharp on the go  Daily Insight Emails: One small (but powerful!) leadership principle to focus on each day Whichever you choose, you can be sure you’ll get the trusted leadership advice you need to advance your career, develop your team, and grow your business.

Transcript

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0:00.0

I'm 13 years old.

0:04.0

I come home.

0:05.0

There's not a lot of food in the house.

0:07.0

There were times when, you know, lights were turned off or the phone wasn't working,

0:12.0

and, you know, that level of dissatisfaction is greater than the cost of change.

0:18.0

And whatever that takes, I'm prepared to do. And whatever sacrifices I have to takes, I'm prepared to do and whatever sacrifices I have to make,

0:23.8

I'm prepared to make.

0:30.5

Welcome to How Leaders Leader's Leader every week you get to listen in while I interview some of

0:34.7

the very best leaders in the world. I break down the key learning so that by

0:38.4

the end of the episode, you'll have something simple that you can apply as you develop into a better

0:43.7

leader. That's what this podcast is all about. Now, my guest today is Tom Baltimore. He's the chairman and

0:50.0

CEO of Park Hotels and Resorts. Here he is running one of the world's largest real estate

0:55.7

investment trusts, managing $9 billion in lodging assets, and yet growing up, Tom and his family

1:02.9

never even owned their own home. Today, you'll hear how those humble beginnings shaped him and

1:07.8

helped him on his path to success. And you'll see that Tom isn't afraid to push

1:12.2

himself. In fact, it gives him the credibility to push others and make everyone around him more

1:18.1

successful too. I'm telling you, powerful things happen when you're not afraid to push yourself

1:23.7

and push your team. I know you're going to be inspired after this one. So here's my

1:29.2

conversation with my good friend and soon to be yours, Tom Baltimore. You know, you rang the opening

1:42.2

bell of the New York Stock Exchange in January of 2017 after park hotels and resorts was listed as a public company.

1:52.4

What's a story from that experience most people don't know about?

1:56.2

You know, not everybody gets to ring that bell.

...

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