The podcast explores how vulnerability is crucial in building trust and connection, especially for leaders. It discusses the difference between vulnerability in general and vulnerability in leadership, providing examples of effective vulnerability. The importance of reflection and storytelling for fostering trust and vulnerability is also explored, along with the challenges and fears associated with being vulnerable as a leader. The chapter concludes by discussing the significance of intention, clarity, and knowing the audience in effective communication, and emphasizes the value of bringing one's own personality and perspective to leadership roles.
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Quick takeaways
Leading with vulnerability involves combining competence and connection to create a culture of trust and growth.
Staying adaptable and embracing technological advancements are key strategies for effective leadership in the changing landscape.
Deep dives
The Role of Communication in Effective Leadership
Effective leadership relies on effective communication. Communication is essential in leading others as it forms the basis for effective leadership. The communication landscape has changed significantly over the past decade due to new platforms and tools available. One key communication advice for leaders is to bridge competence and connection. Demonstrating both competence and connection when communicating with others makes a leader an effective communicator.
Leading with Vulnerability
Leading with vulnerability involves combining competence and connection. It means not only admitting to mistakes or sharing personal challenges, but also sharing how one is learning from those mistakes and taking steps to avoid them in the future. Being open and vulnerable is important, but it is equally crucial to provide a vision, explanation, and direction in order to have a meaningful impact. Leveling the playing field between leaders and employees and leading by example are key aspects of fostering a culture of vulnerability.
Preparing for the Future of Leadership
In the next 10 years, technology, such as chat GPT, will play a significant role in the way we work. For leaders, it is important to stay adaptable and embrace technological advancements to effectively lead in the changing contexts. Reflecting on oneself, reframing vulnerability, demonstrating improvement, and leading by example are important strategies to prepare for the future of leadership. Understanding that leaders are regular people and valuing their unique perspectives can also contribute to effective leadership.
We have to be vulnerable in order to build trust in our relationships. But as Jacob Morgan says, “Vulnerability for leaders is not the same as it is for everybody else.”
In this episode of Think Fast, Talk Smart, Morgan shares with host Matt Abrahams his “vulnerable leadership equation” and how leaders can use it to transform the way they interact with others — creating more trust, unlocking people’s potential, and building successful teams and organizations.
As Morgan explains, owning up to your mistakes and struggles might make you vulnerable, but it doesn’t necessarily make you a leader. In his latest book, Leading with Vulnerability: Unlock Your Greatest Superpower to Transform Yourself, Your Team, and Your Organization, Morgan lays out why leading with vulnerability goes a step further, saying, “Here's what I learned from the mistake that I made [and] steps that I'm going to put into place to make sure this doesn't happen again.”