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TKP Insights: Leadership

Feb 28, 2023 59m 51s 31 insights
In the third installment in a series of episodes, The Knowledge Project curates essential segments from five guests revolving around one theme: leadership. This episode helps put a unique definition on leadership and examines whether or not good leaders are context-dependent, the differences between a great leader and an average leader, how great leaders should balance feedback, the difference between being right and doing right, a playbook for managing teams, and the importance of radical candor. The guests on this episode are author Jim Collins (Episode 61, 110), author and leadership expert Jennifer Garvey Berger (Episode 43), co-founder of the Admired Leadership Institute Randall Stutman (Episode 96), the President and COO of Athletic Greens Kat Cole (Episode 117), the former CEO of Ford Alan Mulally (Episode 151), and co-founder of the Conscious Leadership Group Diana Chapman (Episode 130).   -- Want even more? Members get early access, hand-edited transcripts, member-only episodes, and so much more. Learn more here: https://fs.blog/membership/ Every Sunday our Brain Food newsletter shares timeless insights and ideas that you can use at work and home. Add it to your inbox: https://fs.blog/newsletter/ Follow Shane on Twitter at: https://twitter.com/ShaneAParrish Our
Actionable Insights

1. Prioritize Your People

Stop focusing on your own career advancement and instead focus on taking care of your people, as they will then support you and not let you fail.

2. Don’t Be a Bystander

See what needs to be done and step forward to address it, then exercise the art of getting people to want to join you in getting it done.

3. Amplify Others’ Strengths

Cultivate a presence that makes other people feel bigger, more comfortable taking risks, and more creative, rather than making yourself the focus.

4. Cultivate Curiosity

Develop a real curiosity about the world and other people’s perspectives, as certainty can prevent learning and lead to missing crucial signals.

5. Avoid Leadership Certainty

Do not be overly certain about what is right or wrong, as this closes you off to learning from others and recognizing potential problems until it’s too late.

6. Act Into Beliefs

Consistently practice desired behaviors, even if they don’t initially align with your internal beliefs, as this repeated action will gradually shift your mindsets, beliefs, and values in a positive direction.

7. Align Behaviors & Values

Strive for authenticity by ensuring your behaviors are consistently aligned with your beliefs and values, which will foster positive mindsets.

8. Practice Unrelenting Candor

Increase candor by sharing opinions and ‘stories’ you make up about others, as this provides valuable feedback and helps uncover hidden dynamics.

9. Make Invisible Visible

Consciously work to make the invisible visible by sharing the ‘stories’ you tell yourself about situations or people, as this allows for course correction and better understanding.

10. Master Feedback as Routine

Approach feedback as a routine you commit to and master, practicing it consistently so it becomes second nature and part of your style, rather than just a technique.

11. Balance Feedback Vividly

When giving critical feedback, balance it with an equal number of positive remarks that are as vivid, elaborate, and detailed as the criticisms.

12. Balance Relationship Feedback

Ensure your relationships have a balance of positive and negative interactions, as too much negative feedback will cause people to withdraw, shut down, or become defensive.

13. Assume Criticism Correct

When criticized, first assume the criticism is correct and allow yourself to digest it before responding, as this helps you find truth or understand the ‘why’.

14. Implement Management System

Adopt a ‘Working Together Management System’ with five interconnected elements: principles and practices, governance process, a leadership team that coaches and facilitates, a creating value roadmap, and a regular business plan review, all underpinned by a positive culture.

15. Implement Family Meetings

Establish a weekly family meeting with a structured agenda that includes collective chores (e.g., tidying, laundry), sharing individual plans for the week, identifying needs for support, reflecting on family behaviors, and discussing improvements.

16. Coach and Facilitate

Shift your leadership style to coaching and facilitating, rather than telling people what to do, to keep the team aligned and empowered.

17. Hold Team Accountable

As a leader, hold yourself and your team responsible and accountable for consistently following the established management system and its processes.

18. Use “Fact and Story”

Practice ‘Fact and Story’ by stating a factual observation about someone, then sharing the ‘story I make up about that’ with curiosity, to encourage candid and constructive feedback within a team.

19. Ask “How Is It True?”

When receiving feedback or criticism, shift from asking ‘Is it true?’ to ‘How is it true?’ to find the underlying gem and learn from it.

20. Slow Down for Complexity

Approach complex situations by slowing down, taking a breath, and putting in the effort required to understand them, rather than seeking instant, simplistic solutions.

21. Listen to Whispers

As a curious leader, listen to subtle signals and ‘whispers’ of potential issues, even if you don’t believe them all, to stay attuned to what’s happening.

22. Develop Your Own Artistry

Learn from other leaders but do not copy them directly; instead, cultivate your own unique artistry in getting people to want to join you.

23. Be Humble About Yourself

Be humble about your own sense of self and how you will act under pressure, as context matters and you don’t truly know until you are in a situation.

24. Seek Allies and Mentors

Cultivate relationships with allies, advocates, and mentors who can provide support, guidance, and perspective, especially when facing friction or difficult situations.

25. Proactively Address Issues

Once you have the authority, proactively address systemic issues that previously caused reactive problems, using past experiences to drive improvement.

26. Conduct Focused Reviews

Hold business plan reviews on a tight, regular schedule (e.g., weekly) to focus on changes, offer help, and maintain continuous progress, knowing you’ll reconvene soon.

27. Include All Disciplines

Ensure all necessary disciplines are represented on your leadership team to avoid leaving anyone out and to facilitate comprehensive alignment and decision-making.

28. Avoid Overly Positive Feedback

Do not provide only positive feedback, as an imbalance of too much praise can make individuals overly sensitive and alarmed when they eventually receive criticism.

29. Regularly Assess Relationship Balance

Regularly review your relationships to identify which ones are out of balance (too much negative or too much positive feedback) and take steps to rebalance them.

30. Prepare Balanced, Vivid Feedback

Proactively assess and rebalance your relationships to ensure a healthy mix of positive and negative interactions, and when giving specific critical feedback, prepare vivid and elaborate positive points to match the detail of your criticisms.

31. Share Impactful Actions

As a family principle, communicate any actions that could potentially embarrass or make the family proud ahead of time.