Leadership Service

From: Social Fraternity

To: Leadership Development

As Sigma Chi’s Grand Consul (President,) responsible for over 244 university chapters and 350,000 lifetime members

KRACH TRANSFORMATIONAL LEADERS WORKSHOP

In 2005, Sigma Chi Fraternity named Krach its 64th Grand Consul (international president). He served through 2007. The fraternity also awarded him the 1979 International Balfour Award, which is given to the outstanding graduating senior fraternity wide.

Upon his election as the 64th Grand Consul, Krach unveiled the 150th anniversary strategic plan that pivoted the vision of the 350,000-member association to become the preeminent collegiate leadership development organization, with the sole mission of the development of values-based leaders, committed to the betterment of character, campus and community.

During his six-year term as Chairman of the Sigma Chi Leadership Training Board, he led the development and launch of Horizons Leadership Summit in Snowbird, Utah and secured funding from the L.G. Balfour Foundation to endow Leadership Training Workshop in 1997.

In 2019, Sigma Chi’s main leadership training event was renamed the Krach Transformational Leaders Workshop, fulfilling his vision of developing transformational leaders in an annual immersion program for over 1,500 undergraduates from 240 universities. Participants engage in a series of mentoring sessions, strategic planning exercises, and experiential learning modules which can earn college credit or leadership certificates.

Krach has been honored with Sigma Chi’s Significant Sig Award, and the Order of Constantine Award.

Accomplishments

IN 1979, KRACH RECEIVED THE INTERNATIONAL BALFOUR AWARD — THE FRATERNITY’S HIGHEST UNDERGRADUATE HONOR

IN 1997, INDUCTED INTO SIGMA CHI’S ORDER OF CONSTANTINE, AND HONORED WITH THE SIGNIFICANT SIG AWARD

AS GRAND PRO CONSUL AND GRAND CONSUL DROVE DEVELOPMENT OF SIGMA CHI’S STRATEGIC PLAN

IN 2019, CREATED SIGMA CHI’S MAIN LEADERSHIP TRAINING EVENT: THE KRACH TRANSFORMATIONAL LEADERS WORKSHOP

Lessons from Sigma Chi

ALL I EVER NEEDED TO KNOW ABOUT LEADERSHIP, I LEARNED FROM SIGMA CHI

Krach is often asked where he learned his transformational leadership skills — at the Harvard Business School? At General Motors? In Silicon Valley? He always replies, with a smile, that he learned almost everything he knows about leadership from Sigma Chi as an undergrad at Purdue University.

HAVING A SAFE PLACE TO EXPERIMENT, TAKE RISKS, AND FAIL IS PRICELESS

Krach reflects that Sigma Chi gave him priceless opportunities to learn leadership in a safe, family-like environment. He learned a lot of important lessons – by trial and error – on the Old Masters Central Committee and as president of the Purdue chapter of Sigma Chi fraternity. Most of what he knows about building winning teams in business, he learned at Sigma Chi.

DIVERSITY OF THOUGHT IS THE CATALYST FOR GENIUS

Sigma Chi taught Krach that a team with different temperaments, talents, convictions and diversity-of-thought is the catalyst for true genius. This leadership lesson has proven invaluable in building Silicon Valley companies, serving Purdue and Sigma Chi Fraternity.

SIGMA CHI VALUES ARE ALL FOUNDED ON TRUST

Sigma Chi core values are Fraternity, Courage, Wisdom, Integrity, High Ambition, Self-Control, Courtesy, and Fidelity in his years as a business leader, entrepreneur, philanthropist, and diplomat, Krach has learned that all of those values revolve around the principle of trust.