Collective Courage and Company Performance in Down Markets

Ranjay shares research showing some firms invest for growth during recessions and emerge stronger through courageous moves.

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Episode notes

In this insightful episode of The Mark Divine Show, Mark is joined by Ranjay Gulati, a renowned Harvard Business School professor and influential business thinker. Together, they explore the true meaning of courage, debunking Hollywood stereotypes and discussing insights from significant figures like Nelson Mandela and Steve Jobs. Ranjay shares his research on courage in business and leadership, and delves into his experiences from his new book, 'How to Be Bold'. The conversation touches on personal stories, historic examples, and practical strategies to develop courage in the face of uncertainty. Don't miss this compelling discussion!

Key Takeaways:

What courage really is (and isn’t)
How fear, uncertainty, and volatility can sharpen—not shrink—your leadership
Why imagination and conviction are critical in today’s VUCA world
How to build a “courage muscle” through training and community
The difference between boldness and recklessness—and how to stay grounded in both business and life

Inspirational Quote:

“Courage is the willingness to take bold, risky action to serve a purpose that you perceive to be worthy, usually in the face of an abiding fear.” - Ranjay Gulati

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Guest Links:

Website: https://ranjaygulati.com/

Instagram: https://www.instagram.com/ranjaygulati/

LinkedIn: https://www.linkedin.com/in/ranjay-gulati/

YouTube: https://www.youtube.com/@RanjayGulati

Mark Links:

Website: https://unbeatableleader.com

YouTube: https://www.youtube.com/@markdivineofficial/

Instagram: https://www.instagram.com/markdivineofficial

LinkedIn: https://www.linkedin.com/in/markdivine/

Facebook: https://www.facebook.com/markdivineofficial/

Subscribe to https://www.youtube.com/@markdivineofficial for more inspiring conversations on leadership, growth, and impact.