Future Ready Leadership With Jacob Morgan

Fareed Zakaria is the host of the CNN show, Fareed Zakaria GPS. He is also a columnist for The Washington Post, a contributing editor for The Atlantic, and he is the bestselling author of several books including his newest one, Ten Lessons For A Post-Pandemic World. The pandemic has had an impact on every one of our lives, and the effects will be felt for a long time to come. Early on in the pandemic, Fareed knew we were going through something big, something the world hadn't gone through for over 100 years, and he wanted to figure things out for himself. He also wanted to help others make sense of everything, which is what pushed him to write his newest book. Every part of our lives has been affected--health, politics, economics, and education. Thankfully we live in a time when we have the technology and resources needed to be able to still carry on for the most part. While office buildings, schools, and restaurants shut down people got creative and found a way to keep going with online learning, home deliveries, online work meetings, etc… But while there are many good things about technology, there are also a lot of cons that come with an all virtual world. The limitations of technology The place we see the limitations of technology the most, according to Fareed, is in our education systems. Education is not simply about children and young adults soaking up information, it is also a very social and emotional experience as well. As Fareed shared with me, "you have to create an atmosphere of social trust, you have to create an atmosphere in which people feel like they're having fun, you have to create an atmosphere where people feel a little bit of competition, you know, with peers and all that together creates the kind of opening in our minds that allows the knowledge to go in. And so if you just think of it, and say I'm just going to put you in front of a computer screen, and you will get information, and you will imbibe that information. No, you won't. You won't. You know, the mind just switches off." There are definitely some things that just aren't the same virtually as they are when we are face-to-face. Fareed says that one of the challenges we will face after the pandemic will be to figure out the power and the advantages of this online world we've been in. But we also need to look at the disadvantages of what we experienced and figure out how we can fix it. And he believes that we will end up in a hybrid model of some kind where we have a mixture of in-person and online. We can use technology for good things, but there are also ways in which we use it that can be harmful. But it is up to us how it is used. We can choose to text and drive which is dangerous, we can choose to multitask and always be available online which can cause burnout, we can use it to spread lies and misinformation. But it can also be used in ways that keep us safe, productive, and less stressed. As Fareed says, we should be optimistic about the future, but we also need to be realistic in order to see the problems and challenges that come with technology. It's not about being a blind optimist, it's about being aware of all the problems that exist, because that's the only way you fix them. How leadership has been impacted by the pandemic Over the past year leaders around the world have had to pivot to lead in a completely virtual setting, and that is not easy. Fareed shared an example of something that happened to him personally as a leader during this time that really made him stop and think. His team from his current CNN show has been all virtual, everyone on the team is working from their own homes. And at one point in the pandemic, he noticed that the morale was not as high as it usually was and people were getting burned out, which he found odd since his team is so close-knit and they have always worked so well together. So in order to get to the bottom of the problem, he called a team meeting and he asked his team to be open and honest with him to figure out what was going on. And one team member was very blunt and told him "Look, you sometimes send these cryptic emails that are really hard for us to take". And so the conversation started around why they felt that his communication was different now than before. And what they came to discover was the loss of casual conversation and in person engagement was really at the root of the problem. Before the pandemic, they would see each other throughout the day and joke, ask each other about their families, talk about their weekend plans, etc...So in that context, after you hand some light banter throughout the day to get an email simply saying "we need to re-write this" doesn't sound so bad. But now in a completely virtual setting, they were going days without talking or interacting and then to suddenly get that same short email of "we need to re-write this" seemed harsh and rude. And it was ruining the morale of the team. Fareed shares, "It made me realize that what I was doing there was I was spending social capital, rather than building social capital. And that what I had to do was to be very conscious of the fact that in this virtual environment, you've got to build social capital before you can spend it. And you've got to put in the time and the energy." What does that look like? Instead of writing one sentence, maybe you should write a full paragraph. Instead of jumping into the agenda for an online meeting, you should ask people how they're doing, or joke around a bit. Instead of going a few weeks without checking in with an employee or a co-worker, reach out even if it's just to say "hi, how was your weekend". "You need to realize you cannot just, you know, kind of issue commands and expect people to follow them or issue directives, that doesn't work. Where it might have in a different context, where there was a lot of soft stuff going on, and then you had this one email that came through." What's going to happen to the cities? Throughout the pandemic, and even a little before that, people have speculated that cities like New York, San Francisco, and Chicago are going to disappear. And while the option to have work flexibility is more possible now, which means people don't have to report to a central office, it doesn't mean cities are a thing of the past. Fareed looks to history to figure out the future, and when we do that we see that people moved to cities because there was more work and because they could earn more money there. When you have a highly dense population, there are more people to sell your product to. There are more people to invest in your business. There are more people around to network with. "That density is what produces economic activity, which is why, you know, there's a couple of very good calculations that suggest that people who live in particularly large cities tend to be about 50% more productive than other people. I'd say it's not that we're smarter, it's that you're more likely to meet people, you're more likely to do more deals, you're more likely to see more stuff. I don't think that's going to change" And while people no longer have to live in a city center to be close to their organization's headquarters, you will probably see a large amount of people living on the outskirts and commuting into the city--if not everyday, then at least from time to time. One thing Fareed thinks will change about cities is that you won't be seeing as many big office buildings, since most people can work from home or from co-working spaces or even smaller more localized offices. So these big office buildings may be used for something else like affordable housing or performance space or something else. Fareed's advice for individuals and leaders in the post-pandemic world When I asked Fareed what his advice would be for individuals looking for opportunity as things start to open up and also for leaders, he said he would offer everyone the same advice--whether you are a leader or not. He said, "One thing that I think we don't talk enough about is what are the personal lessons and opportunities that the pandemic has produced? We spend a lot of time talking about all the external stuff we have to fix. How do we get better government policies in place? How do we get corporations to change the way they run? How do we get cities to be transformed? What are all the external things we need to do? But we should also be thinking to ourselves, what are the internal supports that have mattered the most during this pandemic? What have we learned about ourselves as human beings, what do we need to be fulfilled, to be happy, to be productive--and productive in every sense of the word, right. Not just as workers, but as partners, as parents, as children." No matter where you are in life we all have a chance to learn something from what we have been through. We can all ask ourselves--what makes me happy? What gives me joy? What makes me productive? And we can maximize that in a way we have not done before. We only get one life, so use it well. He also believes we should all ask ourselves this question-- How can I be a better version of myself--given what we have gone through and the ability we've had to get to know ourselves without all of the distractions we had before the pandemic. It's been a difficult time for all of us in different ways, but what can we take from this experience, what can we use from this to propel us forward and to make us better human beings?

Constantly serving other people and neglecting yourself is probably the best way to get exhausted, burned out, drained, and to become disengaged from work and even disengaged in your personal life. So even though you are serving your leaders, your customers, and your team members, you also need to make sure that you serve yourself, because if you don't, you're not going to be able to serve anybody else effectively.

Jay Papasan is the bestselling author of multiple books including The ONE Thing, which he co-authored with Gary Keller. The book has sold more than 2 million copies, it has been translated into 35 languages, and it has appeared on more than 500 national bestseller lists. The main focus of The ONE Thing is to help readers find the one thing that they can do that will make everything else easier or unnecessary. In other words, once you come up with a goal for yourself it is important for you to ask yourself every day what is the one thing I can do today to take me closer to that goal. Every day you are looking for your number one priority. But does that mean you can only focus on one goal or one thing at a time? No way! Jay says that is actually the biggest mistake readers make when going through the book. He says, "We never said that--who gets to do one thing? Nobody, right? We have kids, we have aging parents, we have hobbies, we have jobs, our jobs have all kinds of busy work that is absolutely necessary and can't be ignored. But if we start and give disproportionate focus and energy to the true priority, everything else does get easier. And sometimes it just goes away. You don't even have to do it. That's a big idea." Finding your ONE Thing Jay suggests that when you first start to try to find your one thing, it is important to think strategically about something that will be a long-term goal. Aim big, and long-term, instead of focusing on something you can achieve in the short term. As Jay shares, when you are young and just starting out it is important to try to figure out what your unique gifts are. What are some areas where you excel that maybe others have a hard time with? He says, "The reason ultimately people get accelerated through the business world is that in some area they can provide disproportionate returns on their investment of time, right. They can sell more than the next person, they can close more than the next person, they can write better copy, or better code than the next person. So part of the young person's journey is discovering where their passion and their gifts align." How can you become invaluable? In what areas can you show up and provide extra value? What are you passionate about or what are you skilled at? If there is something that you are very skilled at and that same thing brings you joy and a sense of purpose--you should lean into that. And remember that every job is going to have things about it that you don't enjoy, it's pretty rare for someone to find a job that they enjoy 100% of the time. But if the majority of the role is exciting, challenging, and enjoyable for you--start your focus there. How Jay helps his employees find their one thing Jay is in charge of 44 employees with Keller Williams and one thing he practices on a regular basis with his team is something they call GPS. Each year Jay and his team come together to figure out what their number one goal as a company is. And once they have that goal they come up with three to five priorities that they will need to focus on throughout the year to reach that goal, and each of those priorities has up to five strategies behind it. That is how they get everyone on the team on the same page and working towards the same goal. So that happens on a yearly basis. And then every week Jay meets with the people who report to him to review their own one page of set goals. This is called the 4-1-1, because it is that person's priorities for 4 weeks, one month, and one year all on one page. Every week the individual employee looks at their annual goals based on the company priorities and from that they come up with monthly goals that support those overarching goals. Jay says, "Every week they put their weekly goals that line up to their monthly goals that line up to their annual goals that line up to the divisional company goals. So it's a cascading set of priorities. So that every week, I spend 30 minutes or so with the key people who work with me, and we review their weekly priorities. And once a month, I will look at their monthly priorities and just ask the question, how does this help us achieve our goals? And at the beginning of the year is the most work, right? We ask what's our one thing and then based on that we create the cascade." This process allows employees to break large company-wide goals into bite-sized, achievable priorities that they know they can accomplish. Is hustle culture a good thing? A lot of people, especially entrepreneurs, believe that success is connected to a nonstop hustle to try to get ahead. They think that by outworking their competition they can win. But Jay doesn't agree with this concept at all. He says, "One of my fundamental beliefs is that to be a successful husband and a father and a successful business person, that those are not mutually exclusive endeavors. I refuse to believe otherwise. And the challenge I have with the hustle culture that you have to outwork and work longer than your competitors, is that they're just ignoring the fact that like, I get to work every day with a self made billionaire. I do the math, what is his dollars per hour, it's incalculable. But he doesn't work any more hours than I do on an average week. So it's not how many hours you work. It's what you put into the hours. And it sounds so trite, but it's incredibly true." It's not that you can't work long hours from time to time or put in time at the office on a weekend on occasion. As Jay shares, he has done that when they are on a deadline or if he's preparing to speak at a big conference. But it's not the norm. There are moments in life when you have to work harder than others, but to hustle nonstop all the time is not sustainable. "I've seen it be a recipe for divorce and disease. And I do not want the people I love to be caught into the culture of hustle first, think second. So I think this is business as a thinking person's game. And when we are strategic in our investment of time, we win." The four pitfalls people experience when living The ONE Thing Once people have found their ONE thing and they start living that out, there are a few pitfalls they can fall into that Jay warns about. They are: They lack clarity about what they want. They're clear on what they want, but they're unfocused in their approach. They're focused, but they actually don't have time to execute. The time that they DO commit, they leave unprotected. So as you are navigating your priorities and goals, be sure to look out for these traps and make sure you don't fall into any of them. What can you do to start practicing your ONE thing today For those of you who are ready to start putting this into practice today, Jay's advice is to set up 30 minutes a week--whether it's on a Sunday before the week starts or on Friday before you leave work--and come up with your one goal for the coming week. Look at your schedule and tasks for the upcoming week and ask yourself "of all the things I could do, what is the number one thing I can achieve next week?" Figure out your number one goal for that week and then manage your time to make sure that one thing happens. And if you have more than one thing you have to get done, use that 30 minutes a week to help you narrow down your to-do list to your top 5 things that actually matter. And then number those 5 things in order of importance, so you remember what that #1 most important thing is. Putting this exercise into practice will help you stay laser focused on what really matters to you and it will help you achieve your goals faster.

Should we get rid of managers? This is the topic of a trending article floating around LinkedIn recently. I absolutely believe we need get rid of the terms manager and #management​ BUT it's not just about a name change. Nobody even wants to be called a manager anymore and people certainly don't want to be managed. These concepts were created decades ago and the synonyms for manager actually include: slavedriver, boss, and zookeeper! Moving from #manager​ to #leader​ is about a #mindset​ and skill set change as opposed to just changing a title. I interviewed over 140 CEO's for my new book The Future Leader and got 140 different definitions of #leadership​. The CEO of Verizon told me he defines leadership as "achieving the missions of the business, all else is footnotes." The CEO of Audi told me leadership is about "walking the extra mile and solving problems that others cannot solve. Foremost, leadership is about caring for people and not only for numbers." Every organization and every leader needs to first start with defining "leadership" and "leader" before worrying about a name change. Which definition resonates more with you and why? Do you have your own?

Brian Christian is the author of The Most Human Human, which was named a Wall Street Journal bestseller, a New York Times Editors' Choice, and a New Yorker favorite book of the year. He is the author, with Tom Griffiths, of Algorithms to Live By, a #1 Audible bestseller, Amazon best science book of the year and MIT Technology Review best book of the year. And his newest book is The Alignment Problem: Machine Learning and Human Values. AI has been a very hot topic of discussion among business leaders over the past few decades, and there are varying degrees of worry. Today Brian is sharing his view on AI and machine learning and whether we should be worried or not. He also explains why everyone should get to know more about AI, even if you aren't in a technical role. In this episode of the podcast we explore: The history of AI and machine learning How questions from Elon Musk pushed Brian to write his book, The Alignment Problem What is supervised learning vs. reinforcement learning in regards to AI Potential problems we should look out for when it comes to AI What is an algorithm and what goes into creating one Advice for people who want to be more aware of this realm

Empathy and sympathy are not the same things. Sympathy is the idea of feeling sorry for someone. In other words, when somebody comes to you with a problem or a situation, sympathy is saying, "Oh, I'm sorry." Empathy, on the other hand, is about being able to take that person's perspective and to put yourself in their shoes to feel what they feel. Being a master of empathy will allow you to create better products for your customers, better deal with people, resolve conflicts more effectively, and foster collaboration because you'll be able to build connections with other people since you'll be able to understand them and take their perspectives. Is your organization empathetic or sympathetic?

Building the right team is very important and can increase your chances of success as a business leader. When it comes to building a team, one of the first things to consider is diversity. But diversity doesn't mean different types of looks, it's about bringing together different types of intelligence, beliefs, and views on the world. Another crucial component when it comes to thinking about teams is team size. I love the "two pizza rule" Amazon uses. If two pizzas aren't enough to feed an entire team, then the team is too big. The last piece for creating effective teams comes down to metrics and measurement. Organizations use OKRs, objectives, and key results. Objectives are the big picture things that you're trying to accomplish, and the key results are the milestones that lead you to that objective. Keep those things in mind as you build an effective team or are part of an effective team.

Fear is something that we all deal with both inside and outside of work. What is fear stopping you from doing today? Are you not speaking up in meetings because you might say something dumb? Have you avoided asking for a raise or a promotion because you might be told 'no'? Do you shy away from challenging your manager's ideas because you might get reprimanded? My guest this week is Luvvie Ajayi Jones, bestselling author of I'm Judging You: The Do-Better Manual and the brand new book, Professional Troublemaker: The Fear-Fighter Manual. For years Luvvie let fear stand in her way, but she's definitely not anymore. While we can't get rid of fear completely, we can live out our lives boldly in spite of it. Today Luvvie shares her personal story of how she overcame fear and became a professional troublemaker--and she gives advice on how we can do the same. In this episode of the podcast we explore: How Luvvie started writing and what most shaped her outlook on life Why she argues that being a troublemaker is a good thing How to get comfortable with being uncomfortable The importance of setting boundaries at work and in your personal life How Luvvie deals with trolls and toxic people Why leaders can encourage everyone around them to be troublemakers "Our comfort zones are not the place where big things are waiting for us.They're not the place where the best life that we want to live is waiting for us. Because the reason why it's comfortable is because you've learned all you had to learn. There is nothing in there that challenges you. And there's no way you're going to grow."-- Luvvie Ajayi Jones

Self-awareness is all about understanding your feelings, emotions, mental state, and how you're doing. Another big part of self-awareness is being aware of your strengths and weaknesses, such as what you're good at, what you're capable of doing, and where you might need some help. Self-awareness is crucial for leadership because it helps us understand who we are and what we need and expect from other people. Also, it'll help us identify the areas we shine and the areas we can potentially improve. It also helps control how we come across to other people.

One of the biggest challenges CEOs today say they are facing is lack of leadership talent to carry the organization forward. But it is not a lack of talent that is at the root of this problem. My guest this week is Scott DeRue, the Edward J. Frey Dean of the Stephen M. Ross School of Business at the University of Michigan. Based on his award-winning research, this challenge CEOs are facing is caused by the fact that 40%-50% of capable leaders are not stepping up because of the risks involved in leadership roles. Today Scott shares the research behind his article titled, Why Capable People Are Reluctant To Lead, as well as what we can do to change that. In this episode of the podcast we explore: The three kinds of risks that deter people from leadership positions How we can overcome all three risks What separates great leaders from average ones The biggest mistakes Scott sees leaders making The most important thing for leadership development "One thing that we can all do to maximize our own potential is lean into those risks--Whether it's outcome risk, whether it's image risk, whether it's interpersonal risk-- let's not let that risk hold us back. But let's lean into it. Let's embrace that risk. And in doing so, by stepping up and assuming these leadership roles, we're able to have a bigger impact in the world."--Scott DeRue