What Got You There with Sean DeLaney

Paul Black - CEO of WCM Investment Management on Empowering People and Building a High-Performance Culture *Classics Series

Sep 6, 2024

Paul Black, CEO of WCM Investment Management, brings over 30 years of investment expertise. He discusses the critical importance of workplace culture in driving success, emphasizing trust and vulnerability as key components. Black shares insights on resilience, persistence, and the significance of continuous improvement in investment strategies. He illustrates how empowering employees fosters innovation and a reflective business culture, while also drawing on historical leadership lessons to enhance modern practices in both investment and leadership.

01:04:37

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Episode guests

Paul Black

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Quick takeaways

Empowering teams by distributing responsibilities and fostering collaboration creates a supportive culture essential for growth and innovation.

Consistently showing up and persevering through challenges enhances personal and professional success, leading to unexpected opportunities.

Cultivating genuine curiosity about team members' motivations unlocks their potential, fostering an environment that promotes collaboration and improved performance.

Deep dives

The Power of Giving

Trusting others and distributing responsibilities within a business is crucial for growth. Sharing power, money, and decision-making fosters a collaborative environment that enables the organization to scale effectively. This approach encourages team members to take ownership and contribute their unique perspectives, which can lead to innovative solutions. By trusting others, individuals not only empower their teams but also create a culture of mutual support that is essential for long-term success.

Intro

2min

The Power of Persistence: A Mindset for Success

2min

The Power of Resilience and Relationships

8min

Cultivating Curiosity and Continuous Improvement in Investment

4min

Cultivating a Reflective Business Culture

24min

The Power of Workplace Culture

17min

Navigating Complexity in Energy and Healthcare Investments

3min

Exploring Leadership Insights from History and Investment Strategies

6min

Paul Black is Portfolio Manager and Chief Executive Officer at WCM Investment Management. As a member of the Investment Strategy Groups for the firm’s global, fundamental growth strategies, his primary responsibility is portfolio management. In more than 30 years in the investment industry, he has served previously as a portfolio manager with Wells Fargo Private Banking Group and Bank of America. After joining WCM in 1989, Black took $200 million under management and turned it into $100 Billion at the start of 2022. In this episode Paul hits on the crucial component understanding a companies culture has in their investment process, how to develop a winning culture and what you can do as a leader to get more out of your people. *This episode was recorded in August of 2022. https://wcminvest.com/

I am Sean DeLaney, the executive performance coach with over a decade of experience working with CEOs, executives, and leadership teams, guiding them beyond traditional definitions of success.

Interested in working together? https://seandelaneycoaching.com

I exclusively work with high-achieving CEOs, executives, and professional athletes who, even at the height of their careers, continue to explore deeper avenues of potential. While these driven individuals aspire for elevated professional heights, they equally crave profound personal fulfillment and a distinct path to infuse their lives with more clarity, direction and purpose.

My Books

Masterpiece In Progress: A Daily Guide to a Life Well Crafted & Insights of the Ages: Quotes for a Life Well Crafted!

Checkout what people are saying about the book: “Intensely positive and upbeat, Sean DeLaney crafts a master class in personal development. This book is about the art of AMPing up your life.” – Frank Slootman, CEO, Snowflake and author of Amp It Up

“The brilliance of Masterpiece in Progress is its ability to impact us all and in all aspects of our lives, whether you’re an athlete, entrepreneur, author, aspiring executive, parent, friend, coach or mentor. Sean’s insights light your path as he delves deep, providing not just inspiration but tangible tools to help you craft the life you envision. A masterclass in self-growth and a must read.” – Scott O’Neil, CEO, Merlin Entertainments and former CEO of Philadelphia 76ers and New Jersey Devils

“Operating in some of the world’s most challenging environments, I’ve seen firsthand the importance of grit, resilience, and relentless pursuit of excellence. Masterpiece in Progress embodies these principles, offering a roadmap to all who aim to conquer their personal and professional battles.”— Michael Burns, US Navy SEAL (Retired), Bronze Star Medal with Valor

“Sean’s beautiful, thoughtful writing reminds you what’s important and calls your attention to a perspective that lifts your spirit each day. Highly recommended.” – Derek Sivers, author, sive.rs

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At the time of this recording Sean is not a client of WCM.