Economist Podcasts Leadership: Weed it and reap
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Oct 23, 2023 
Andrew Palmer learns leadership lessons from CEO of GSK, Emma Walmsley; Nobel prize-winning psychologist, Daniel Kahneman; and one-time COO of Stripe, Claire Hughes-Johnson. Topics discussed include leadership experiments, defining company purpose, effective decision-making, being explicit as a manager, improving team performance, and reflections on leadership challenges.
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Leadership Lessons from Norway Trek
- MBA students on a Norwegian trek faced physical and leadership challenges, learning through real experience in a tough environment.
- Their slow pace and setbacks provided valuable lessons on leadership and team management outside office contexts.
Beware the Planning Fallacy
- The planning fallacy causes teams to underestimate time and overestimate abilities by focusing on internal optimistic views.
- Using outside comparisons and structured processes helps avoid these cognitive biases in leadership and project planning.
Clear Purpose and Meeting Goals
- Define and communicate a clear purpose and culture with simple, shared language to align teams and speed decision-making.
- Make meeting objectives explicit: clarify if points are for decisions, input, or just awareness to improve efficiency.