TLP288: Information Is No Longer A Source Of Power

Ron Carucci has a 30-year track record of helping organizations adopt strategies that lead to accelerated growth, and designing programs to execute those strategies. He is also a two-time TED speaker and the best-selling author of eight books. His recently released book is "To Be Honest: Lead with the Power of Truth, Justice and Purpose," which was selected by Bloomberg Businessweek as one of 2021's Best Books. Based on a 15 year longitudinal study of more than 3,200 leaders, Ron wanted to know what earns and keeps the trust of others, and what loses it. Ron also talks about why more than 50% of leaders fail within their first 18 months of appointment, and shares the four differentiating capabilities that set successful leaders apart. If you are facing a challenge of spearheading a daunting transformation of any kind, this episode will resonate. Key Takeaways [2:10] Outside of his public bio, Ron talks about why he collects antique doorknobs. [5:40] Ron tells the stories of the leaders we want to be like and share what it means to be honest. [7:30] What people look for in a leader are truth, justice, and purpose. [8:50] Ron shares results from their research on how to predict someone's behavior or response in a certain situation: Justice and consistency. [10:35] Not all workers are created equal. Ron shares how leaders can create a just environment. [11:40] Treating everyone the same way will make you fair. [14:16] Accountability systems are trust-based and dignifying to the contributor when the leader recognizes that the contribution and the contributor are fused. [16:14] Power is oftentimes misunderstood and misused. [18:45] A sense of agency will help us focus on the right things. [19:35] You can only disappoint people at a rate they can absorb. [20:40] Information is no longer a source of power because it is ubiquitous. Ron shares how the interpretation of information can be a source of power, instead. [23:25] The job of a leader is making sure their employees don't ask the two questions: Do I matter and do I fit in. [26:20] Ron alo talks about the difference between core values and values that are operative and how leaders can coach their employees to be a better fit. [29:20] Shedding our paradigms of leadership helps develop better leaders. [32:00] Ron shares advice for leaders on how to allow their employees to be a better version of themselves. [36:40] Giving your employees grace and the chance to learn sets them up for success. [40:10] Ron shares his insights on transformational change from a leadership perspective in order to scale. [42:40] As we move into 2022, Ron urges leaders to reflect on how their values can positively impact employees. Quotable Quotes "There are 7.3 billion doors in the world through which love, joy, and hope can pass in and you're one of them." "Truth; you have to say the right thing. Justice; you have to do the right thing. And Purpose; you have to say and do the right thing for the right reason." "If you want to be a just leader, you have to actually be somebody who is an activist looking to uproot injustices and right them." "Accountability is about a mutually beneficial relationship between a leader and a follower." "Your weaknesses are your greatest source of credibility." Resources Mentioned Sponsored by: Darley.com Navalent.com Ron on LinkedIn Grab Ron's books, Rising to Power: The Journey of Exceptional Executives and To Be Honest: Lead with the Power of Truth, Justice and Purpose