How Leaders Lead with David Novak

#190: Steve Duncker, former Chairman of NYRA – One size doesn’t fit all

Jun 6, 2024

Former Goldman Sachs partner and NYRA chairman, Steve Duncker, discusses the importance of adapting leadership styles. He shares insights on driving culture, making career decisions, the impact of words, and a unique horse racing win.

45:44

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Episode guests

Steve Duncker

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Episode notes

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Quick takeaways

Effective leadership requires adaptability to suit different situations and individuals.

Diverse experiences demonstrate the need to tailor leadership approaches for success in various environments.

Deep dives

Importance of Leadership Adaptability

Effective leadership requires adaptability to suit different situations and individuals. Steve Dunker's experience highlights the necessity to adjust leadership styles based on circumstances and the people being led. His varied career, from entrepreneurship to horse racing, underscores the need to tailor leadership approaches to be successful in diverse environments.

Intro

2min

From Summer Earnings to Racing Success: A Journey in Horse Racing and Mentorship

8min

Transition from Duke to Northwestern for Business School and Early Success at Goldman Sachs

2min

Nurturing Culture and Managing Risk at Goldman Sachs

4min

Adapting Leadership Styles in Crisis Situations

17min

Big League Advantage and the Importance of Patience in Leadership

10min

Adaptable Leadership and Understanding Individual Groups

2min

Every leader has their own style and their own way of leading.

And that’s true – but sometimes, you have to adapt that style, depending on who and where you’re leading.

If you want to learn how it’s done, listen to this episode with Steve Duncker.

He’s a former partner at Goldman Sachs and the former Chairman of the New York Racing Association, which operates the three largest thoroughbred horse racing tracks in the state of New York.

You’ll also learn:

Practical ways to drive culture at every level of your organization
What to pay attention to when you make big career decisions
Why your words matter
How he won a horse playing backgammon

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.

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How Leaders Lead with David Novak

#190: Steve Duncker, former Chairman of NYRA – One size doesn’t fit all

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

Deep dives

Importance of Leadership Adaptability

Learning from Childhood Ventures

Transition from Business to Horse Racing

Leadership Lessons from Various Career Phases

Remember Everything You Learn from Podcasts