5 Things Money Can’t Buy (Even Now)

By Linda Fisher Thornton

I had the opportunity a few years ago to hear Michael Sandel, professor from Harvard and author of What Money Can’t Buy, speak at the University of Richmond about “the sky-boxification of society.” He talked about how easy it is today to buy your way into a better situation (or a sky box). I just finished reading Tom Friedman’s book Thank You for Being Late and in it Friedman refers to and builds on Sandel’s observations. 

I started thinking about some of the qualities that are highly valuable and make leaders great that money can’t buy – some of the priceless qualities that define great leadership. Here are 5:

5 Things Money Can’t Buy (Even Now)

  1. Trust – (only achieved through intentional use of positive interpersonal behaviors that build mutually beneficial relationships over time)
  2. Integrity – (only achieved when thoughts, words and deeds align)
  3. Authenticity – (only reached through personal struggle, service to others and an intentional growth journey)
  4. Sincerity – (only achieved when you avoid lies, partial truths, rules that apply to others but not to you, and choices that harm others)
  5. Growth – (you can pay for education, but being open to learning and growth must be chosen)

Money may be a token of exchange in the global marketplace, but so are these 5 priceless leadership qualities that money can’t buy. It is these essential priceless qualities that enable leaders to bring out the best in diverse, connected groups of people working toward a common goal. These are leadership qualities that kindle people’s imagination, creativity and innovation (which are needed to solve today’s complex problems). 

What other positive qualities (that money can’t buy) define great leadership? Feel free to comment with your additions to the list. 

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