140: The Future of Leadership: Empowering People and Embracing the Human Element

The World Class Leaders Show

Andrea engages in a thought-provoking discussion with Ken about the challenges and opportunities faced by CEOs in today's corporate landscape. Andrea shares valuable insights from his extensive experience coaching senior leaders, revealing the secrets to breaking silos, building trust, and becoming a visionary leader.

KEY TAKEAWAYS

• CEOs must create a bold future by design, envisioning a purpose-driven future that goes beyond incremental improvements to make a significant impact on society and leave an extraordinary legacy.
• Breaking silos requires bringing different perspectives together, creating an environment of trust and transparency, and fostering a sense of collective ownership among team members.
• Successful CEOs act as orchestrators and integrators, focusing on the human element of business and understanding the psychology of their team members to drive performance.
• Mindset is crucial for effective leadership; instead of pushing people to change their actions, leaders should focus on shifting people's frames of reference to enable them to see new possibilities.
• Transparency and authenticity are essential for building trust and getting people to buy into the leader's vision, even in the face of ambiguity and uncertainty.
• CEOs must be willing to make faster decisions, especially when it comes to changing people in the leadership team, rather than waiting for perfect information.
• Financial performance is the primary driver for replacing CEOs, but those with strong people skills may be given more time to turn things around.
• The future of leadership requires a different approach, focusing on empowering people, dealing with the human element of business, and creating an environment where people can thrive.

BEST MOMENTS

"Business is made by humans. So, if you really want to be a great leader, you need to understand how psychology works. You need to understand how dealing with humans, which again, it sounds like banal, right, but it's just the basics."

"When you work in a unit, it's in that way when people are so much, you know, committed with each other and had their own back. Gosh, it's an amazing place to work for exactly."

"Trust your gut feeling sometimes because you are experienced, you know, if you have been a leader for many, many years, as most of CEOs had as an experience."

"Human CEOs or people-centred CEOs, they're running the risk of over, again, talking about bias or dealing with their own optimism bias that people can, can achieve at some point."

"I know it's unbiased, but to me, I have a really compassionate about their life and what they're, what they're doing. Again, writing my book, it's early days, but will be available end of the 2024."

VALUABLE RESOURCES

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ABOUT THE HOST

My name is Andrea Petrone. I'm a Human Performance and Leadership Advisor, Executive Coach and International Speaker. I help leaders and their teams to change their mindsets and master their leadership capabilities so they can achieve extraordinary performance. I've been in the corporate world for more than 20 years working globally - in 6 countries and 3 continents - for medium-large companies.