Think Fast Talk Smart: Communication Techniques

54. Leadership and Ethics: How to Communicate Your Core Values

Mar 15, 2022

Neil Malhotra and Ken Shotts, esteemed political economy professors at Stanford, delve into the nuances of leadership and ethics. They stress understanding that not everyone will share your core values, making empathy crucial to effective leadership. The duo discusses transitioning to a stakeholder model of business ethics and the impact of environment on ethical choices. They also highlight the power of clear communication, tailoring messages to resonate with diverse audiences. Their insights are both practical and thought-provoking.

23:54

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Episode guests

Ken Shotts

Neil Malhotra

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Quick takeaways

Leaders should not assume everyone shares their core values in an organization.

Create a culture encouraging open discussions and exercises to understand diverse core values.

Deep dives

Changing Concept of Business Ethics

The traditional focus on maximizing shareholder value in business has evolved to a stakeholder model, highlighting the need for businesses to consider various societal stakeholder groups. This shift has prompted a reevaluation of how business leaders navigate ethical responsibilities. In their book 'Leading with Values,' Neil and Ken present actionable recommendations drawn from multiple intellectual disciplines to help leaders address ethical challenges in today's complex environment.

How to Drive People's Core Values

01:26

The Lessons of Social Psychology

01:30

Intro

2min

Navigating Ethical Leadership

8min

The Impact of Environment on Values and Choices

3min

The Art of Effective Communication

10min

Wrapping Up: Resources and Membership Opportunities

2min

“A mistake that some leaders make is to assume that the people in your organization share your core values. Some of the time some of them do, but there's a bunch who don't, and those are the most difficult sorts of situations.”

In this episode, Political Science professors Neil Malhotra and Ken Shotts sit down with host and lecturer Matt Abrahams, to discuss how to lead others whose values may not align with your own.

“The most effective thing you can do is to understand the other person's story and frame the language and arguments around them. And I think kind of this is what framing is about, it's fundamentally about being empathetic.”

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