The Prep Expert’s Blueprint for Leadership

Dr. Shaan Patel‘s story reads like the American Dream made real: with grit and determination, he rose from a modest background and mediocre SAT scores to earn an MD and become CEO of a market-leading company. He also scored an appearance and investment on Shark Tank to add a little spice to the tale!

The CEO of Prep Expert spoke to us about his remarkable leadership journey in our podcast. Along the way, Shaan learned leadership lessons that are valuable to every exec and entrepreneur. Find them below.

Embrace Challenge.

You can’t lead on cruise control. From team conflicts to cunning competitors, challenges inevitably arise. At the very least, you gain knowledge and skills from each challenge. But shrewd leaders go further, accepting those challenges as opportunities in disguise. Even small challenges help: in a very real sense, penicillin and the wave of antibiotics that followed resulted from the challenge of washing dirty Petri dishes! In Shaan’s case, his initial struggle with his SAT test led to the creation of Prep Expert—a personal challenge leading to the solution of a broader issue.

Adaptability Is Crucial.

The world has changed. Instead of “getting back to normal,” changes continue to come at us all the faster. Adapting to these changing circumstances is key to success. Indeed, refusing to adapt can do more than limit success: it can render you and your organization outright irrelevant. So, embrace change along with challenges; you’ll stay ahead of the curve (and the competition). This is another face of resilience, and Shaan has demonstrated it many times on his journey. Even on Shark Tank, he was met with great skepticism—but persevered and won over shark Mark Cuban.

Put People First.

From front-line workers to customers, your business loop begins and ends with people. Internally, promote empowerment throughout your team; this fosters a sense of ownership and accountability in them. Externally, think about your social impact beyond profit. Having a broader view of success is a win-win: you’re doing good for others, which enhances your reputation and fosters customer and team loyalty. Plus, it just plain feels good (a fact that has been scientifically verified!).

Keep Learning.

This has become a common theme with our guests: with constant change, we must constantly learn. The knowledge that led to past success may not be enough to maintain it. Shaan is committed to continuous learning; right now, that’s reflected in working to better understand AI and how it will affect his industry. Even for seasoned execs, there’s tremendous value in mentorship and coaching. Shaan sees his mentoring with Mark Cuban as a major contribution to his leadership growth.

Innovate and Think Forward.

Being proactive keeps you ahead of the curve. By forward-thinking, you anticipate change before it becomes disruptive. That helps keep you and your team operating smoothly. Even better, the solutions you develop to meet those changes may well be ground-breaking innovations that enhance your success even further.

Shaan set himself apart by discerning these principles. He met challenges by innovating solutions—and by looking ahead to create his own changes, leading to leadership (and company) growth.

The best part is that these are universal principles anyone can adopt. In fact, they’re all part of the leadership framework we developed at the Innovative Leadership Institute. To learn about them in more detail, check our website at InnovativeLeadership.com, or DM us here on LinkedIn!

 

This article was adapted by Dan Mushalko from our podcast episode Leadership Lessons from Shark Tank…and Beyond.

Thank you for reading our newsletter, where we bring you thought leaders and innovative ideas on leadership topics each week.

We strive to elevate the quality of leadership worldwide. Are you ready? If you are looking for help developing your leaders, explore our services.

Leading Your Wounded Workforce

At least 70% of American adults have endured a traumatic experience. That means a good chunk of your workforce is dealing with trauma in their background. Even if you don’t have the highest empathy, the impacts on employee focus, teamwork, and productivity—frankly, nearly every aspect of business—are clear. But you’re a leader, not a psychologist; what are you supposed to do about it?

Our guest, Stephanie Lemek, founder and CEO of The Wounded Workforce, has an answer. In this podcast, she shares the stats and her seven principles of trauma-informed workplaces.

Next time you’re in the office (or on a department Zoom call), pause. Take a look at all the people on your team. Then let this sink in: seven out of every ten of them has experienced at least one trauma.

Trauma is as unique as our fingerprints; each of us reacts differently to it. That’s why you often don’t recognize it in your staff, but it’s surfacing in many ways—from perfectionism to absenteeism—and those affect your daily business.

In our interview, Stephanie offers this framework for understanding trauma’s relevance in your workplace:

Understand the Impact.

Coping behaviors have a very real impact on employee performance, well-being, and productivity. Both perfectionism and absenteeism obviously slow down a project’s progress. But there are subtler effects for getting work done. It could be as simple as an employee who’s startled by sudden or loud noises and then needs a few minutes to calm down. Or, as happened in Maureen Metcalf’s (our CEO) MBA class, a boss pounding the table in anger triggers physical abuse memories for a person, who then “escapes” the room, missing the meeting and the day’s work.

Learn and Observe.

Go beyond pop psychology; educate yourself about PTSD and other effects of trauma. You can start quickly with Stephanie’s YouTube channel: https://www.youtube.com/@TheWoundedWorkforce. As you learn about trauma’s complexities, observe your team with an informed eye as you understand their actions and reactions more deeply.

Launch Trauma-Informed Practices.

Now that you can see trauma’s effects, it’s time to reduce them. Tackle this in two broad ways. First, avoid re-traumatization. Minimize triggers by finding common stressors. This doesn’t have to be complicated; in Maureen’s example, a simple policy of no yelling or table-pounding during meetings would do the trick! Second, create safe spaces. The key here is to build an environment and culture where staff feel secure and supported.

Build on What Works.

Your workplace and leadership style are just as unique as all those buried traumas. There’s no one-size-fits-all solution. Experiment, and fully involve your team. Together, as you discover which of those practices mentioned above work in your particular arena, formalize them into policies and processes.

Take the Lead.

You ARE the leader, after all. You set the tone and light the spark for action in transforming your organization or department into a trauma-informed workplace. Share the educational resources that informed you; you’ll be amazed at the great ideas your team will have in building this mission. Stephanie has one important caveat, though: remember that you’re a leader, not a therapist. Shape your workplace and create a safe space…but leave treating the deep issues to psychologists.

Now that you’ve read this—and, ideally, listened to the podcast—pause again. Look once more upon the faces of your workmates, your friends, and your team. For seven of every ten people there, you’ve just taken the first step in recognizing their pain. As a trauma-informed leader, you really can make a difference.

 

This article was adapted by Dan Mushalko from our podcast episode Break the Cycle: The Role of Trauma-Informed Leaders.

Thank you for reading our newsletter, where we bring you thought leaders and innovative ideas on leadership topics each week.

We strive to elevate the quality of leadership worldwide. Are you ready? If you are looking for help developing your leaders, explore our services.

Seven Steps to Elevate Your Leadership through Vertical Development

Some leaders see the big picture very clearly—they understand complexity, know their own weaknesses well, and follow principles rather than rules. These leaders are called post-conventional, and our guest, Michael Morrow-Fox, has studied them deeply for his doctorate and consulting practice.

He’s teased out several ways we can all grow and develop toward post-conventional perspectives. It’s not easy, he warns…but he shares them in this episode.

To update an old adage, “It’s not what you know, it’s HOW you know.”

Today’s business climate can be maddening for leaders. It’s complex. It’s uncertain. It’s rapidly changing. In short, it’s VUCA (volatility, uncertainty, complexity, and ambiguity). Yet there are some leaders who understand the complexity, stay steady through the uncertainty, and guide the change. These are post-conventional leaders, and, according to Mike, their key to personal growth is “vertical development.” That’s a process that not only enhances what they know but how they think and understand the world around them.

To oversimplify a bit, “horizontal development” is increasing what you know or expanding your knowledge. Vertical development, meanwhile, enhances how you process and apply that knowledge; it’s your growing mindset and actual thought process. This is where visionary leaders are born.

Fortunately, Mike has seven tips to help you on your own vertical journey:

1. Keep learning.

Get to know what your goal of post-conventional thinking is all about. Read articles on leadership development (may we recommend this weekly newsletter?). Get books by researchers in this field such as Bob Keegan and Susanne Cook-Greuter. Listen to our podcasts. Knowing what your end goal looks like makes it a lot easier to achieve.

2. Turn on the heat experiences.

These are simply things that push you out of your comfort zone. You can’t learn new skills or see new perspectives if you’re always doing the same old same old. Try joining a project at work that’s a little over your head, or volunteer to make a speech to a group you’ve never met. These new experiences help literally rewire your brain.

3. Bump heads (figuratively!).

Mike calls this “colliding perspectives.” Your parents may have called it “agreeing to disagree.” You want to expose yourself to ideas different from your own, so engage with people whose opinions are far from yours. Then listen instead of worrying about defending your own position.

4. Elevate your sense-making.

As you gain knowledge, experience, and exposure to others’ perspectives, your own perspective grows. You begin making sense of the world in new ways, often in ways that let you see a bigger picture of issues and their solutions. It helps to have someone whose worldview you admire—a mentor or coach who may already be a post-conventional thinker—help you understand your path.

5. Get to know yourself.

As leaders, we all have strengths to offer our teams, organizations, and the world. Get to know your weaknesses, too. Those are nothing to fear; forgive yourself for what you don’t do well, bring people into your team who can do them, and then love yourself for what you CAN do well. Mike points out that at this stage, you realize “I no longer have to be perfect.”

6. Be curious.

Watch for the differences in the ways others view the world. Ask questions. There’s an energy in curiosity that activates and charges the mind. This is why humanity’s greatest thinkers often seem so childlike; they never stop wielding the magic of “why?”. As Einstein said, “Never cease to stand like curious children…”

7. Get support!

This isn’t easy. Both Mike and our CEO, Maureen Metcalf, reiterate this several times during the podcast. There are growing pains, just like we had physical pains during childhood growth spurts. Draw on teachers, mentors, friends, and family for personal support. And take advantage of online offerings from researchers and thought leaders in the field, such as Terri O’Fallon at STAGES International.

Take heart. If you read the article through here, you’ve already taken the first steps on your own developmental journey: you’re curious and learning. Prepare to see a whole new world—a new leadership point of view!

*VUCA = Volatility, Uncertainty, Complexity, and Ambiguity. Learn more in our interview with Chris Nolan at https://bit.ly/VUCA-Pod.

 

This article was adapted by Dan Mushalko from our podcast episode Growing Up and Out: Development for Modern Leaders.

Thank you for reading our newsletter, where we bring you thought leaders and innovative ideas on leadership topics each week.

We strive to elevate the quality of leadership worldwide. Are you ready? If you are looking for help developing your leaders, explore our services.

Burnout and Beyond: Why Leaders Use Psychedelics

Stress only touches the surface of what leaders endure. Leaders are no exception to the rise in physical and mental health issues we’re seeing increase in the workplace. So how do you stay healthy and retain your competitive edge?

Yoga, mindfulness, distance running: all manner of efforts can help. But one is on the rise that was taboo just a few decades ago: psychedelics. They’ve been gaining popularity in executive suites across corporate sectors. Why? Our guest Paul F. Austin, founder and CEO of Third Wave, shares some answers…along with important guidelines.

Like everyone else, leaders have their trends. One of the hot growing leadership trends is Cali Sober. From Elon Musk to Aaron Rodgers, leaders of all stripes are eschewing the stereotypical stress reliever of past executives—alcohol—and relaxing with psychedelics instead. (It’s called Cali Sober due to its origins in California’s Silicon Valley.)

But psychedelics received such a bad rap in the 1960s and ‘70s that we have to wonder: are they safe for the corporate world?

From Paul’s discussion on the podcast, we’ve distilled these advantages and disadvantages to help discern fact from stigma.

Advantages

1) Stress Management & Burnout Prevention

This is the most obvious way psychedelics are replacing alcohol for overworked executives. From Bewitched to Madmen, pop culture consistently showed business culture as using alcohol for everything from greeting a new client to soothing one’s nerves after losing a big account. Paul says today’s emphasis on healthier living means abandoning the potential toxic side effects of cocktails and liquor for microdosing psychedelics to “take the edge off.”

2) Maintaining a Competitive Edge

Leaders report that microdosing psilocybin, LSD, and similar drugs enhances creativity and innovation. Part of this obviously comes from stress relief; we often find solutions when we’re distracted and stop thinking about a problem. But the fact that this microdosing also changes perspectives and “opens their minds” to new possibilities clearly plays a major role; these execs are seeing problems and solutions in new ways. Obviously, the more solutions you see, and the more innovations you create, the more you’ll outdistance the competition!

3) Personal Growth and Development

Speaking of perspective shifts, these also help leaders with their own development. Leaders report profound personal insights following psychedelic experiences. Seeing themselves in a new light often results in more effective leadership styles and better decision-making.

4) Higher EQ

Those personal insights also lead to higher empathy and relationship skills. That provides a clear boost to improved interpersonal relationships. And that boost, in turn, helps leaders create more cohesive teams.

Of course, psychedelic use isn’t all upsides! Consider these potential Disadvantages, too:

1) Legality

The use of psychedelics is heavily regulated. While ketamine is legal in all 50 states of the U.S., for example, there are regulations on how, when, and why it can be used. Most other psychedelics, such as psilocybin mushrooms, enjoy approval in far fewer states.

2) Stigma

Although natural psychedelics, such as peyote and mushrooms, have been used by humans for thousands of years, psychoactive drugs were heavily stigmatized in the 20th century. Many people still hold those stigmatic views—hence the legal issues mentioned above. In turn, using these drugs can lead to poor public perception of you and your organization.

3) Misuse and Dependency

The use of psychedelics for leaders is decidedly not the free-for-all of the 1960s counterculture. They must all be used with proper guidance, a knowledgeable facilitator present, and in controlled settings. There is always the risk of negative effects (a “bad trip” in ‘60s-speak), which can have mental health implications. And while there’s very little chance of physical dependency, unmonitored use can lead to a psychological need, such as believing you can’t be creative or relax without them. *Note that it is always advised that you consult a doctor before engaging with psychedelics, especially if you take prescription medications.

Because we are the Innovative Leadership Institute, we constantly absorb the latest research and trends in leadership development and effectiveness. Sometimes, those trends are in a gray zone—an area on the fine tip of society’s cutting edge where adoption is not clear. Psychedelics are currently in this zone.

As a result, we’re very curious about how YOU feel. Weighing the advantages and disadvantages, is it time to erase the stigma of psychedelics, particularly when microdosed?  Should they remain only a medical and therapeutic tool—or be a tool of the C-suite, too? Let us know in the comments!

 

This article was adapted by Dan Mushalko from our podcast episode How Psychedelics Enhance Modern Leadership.

Thank you for reading our newsletter, where we bring you thought leaders and innovative ideas on leadership topics each week.

We strive to elevate the quality of leadership worldwide. Are you ready? If you are looking for help developing your leaders, explore our services.

To Change Minds, Change Your Conversation

Communication for leaders isn’t as easy as we like to think. It’s far more than just opening your mouth and letting words gush out. Your followers analyze every word, look for nuance, and read between the lines—so they often hear things you never meant! That can spell disaster for your team, if not your company.

Our guest, executive coach Amiel Handelsman, has some proven ways to improve your leadership conversations—like swapping mansplaining with manquiring. He explains more in this episode.

“Just listen.” That tired old trope telling leaders how to better communicate doesn’t cut it anymore. The workplace and its teams have become far more complex: five distinct generations actively working, divisive politics, culture wars, real wars, shrinking talent pools…the list goes on.

Amiel has keenly discerned eleven skills and concepts most crucial for leaders to effectively communicate in our diverse workplaces. Here are five that stood out to us as particularly transformative or unexpected.

1. Inquire or Manquire

Inquiring moves you beyond the old-school stereotype of the leader who knows everything. If you’re prone to over-explaining in a condescending manner or assuming that a person has no knowledge of a subject, you may be mansplaining (or an offshoot thereof). Combat mansplaining with its foil: manquiring (man + inquiring). Though the concepts are directed at a specific gender group, the practice of inquiry is useful for anyone. Inquiring is the act of intentionally asking questions to better understand what someone is communicating to you. Assume from the get-go that you don’t know it all. Go to your team and ask what they know. This stance of curiosity fills your knowledge gaps while letting your team know they are heard and valued. It boosts two-way communication and navigates unconscious bias in the process.

2. Confirm and Clarify

Now that you have all that new information, make sure you understand it. Simple misunderstandings derail even the most fortified plans. Paraphrase what you heard (or read) from a teammate and relay that back to them. Tell them what you think the ramifications of their points are. This creates a great feedback loop. In the end, it boosts efficiency because everyone is clearly on the same page with the same goals and mission in mind.

3. Be a Conversational Chameleon

No two people communicate exactly alike. Some people read between the lines instead of paying attention to your words; others demand exacting accuracy in your vocabulary and take every word literally. It’s up to you as the leader to learn how each team member understands you best and to further adapt your communication style to the context and the medium. Cultivate your own conversational agility so your unique voice and intent come through no matter who you’re speaking with.

4. When You Assume, It Makes an…

It’s natural to assess someone, or what they say, on the fly. But these subjective judgments you make in the moment can be influenced by little things that have nothing to do with the conversation: something as big as having an accident on the way to work, or as small as garlic on their breath after lunch. During the conversation itself, pause before reacting; be certain you’re reacting to what you’ve just heard rather than leftover emotions from something else. Afterward, reassess, and see if your assessment aligns with concrete evidence, observable facts, and a clean rationale.

5. Practice, Practice, Practice

We all learn to communicate at some level from the moment we are born. Our communication gets a bit more specific as we grow because we constantly practice and tweak as we learn what gets better results. This shouldn’t stop just because we reach adulthood! Even the most gifted athletes practice relentlessly to hone their performance; practicing is perfect for your communications, too. Play with different writing styles, speak in front of a mirror, and be aware of your body language—all of these hone your messaging. And just as you paraphrase what you hear from others (remember #2?), ask people to paraphrase your words so you receive feedback, too.

Trendy leadership advice focuses so much on listening to your team that we forget effective communication is a two-way process. Amiel’s tips are a potent reminder to work on that circular flow. The best leaders do more than listen; they are also heard!

 

This article was adapted by Dan Mushalko from our podcast episode Cultivating Conversation: How to Improve Leaders’ Communication.

Thank you for reading our newsletter, where we bring you thought leaders and innovative ideas on leadership topics each week.

We strive to elevate the quality of leadership worldwide. Are you ready? If you are looking for help developing your leaders, explore our services.

 

The Amazon Effect: How to Drive Innovation

We’re in the midst of a technological revolution. AI, quantum computing, Humane’s Pin, drone delivery: take your pick! From farming to sales, radical new technologies are here, and more are on the way for every business sector. That’s unavoidable.

Whether that tech disrupts or enhances your business is up to you.

It’s hardly a secret that tech innovation is a major component of Amazon’s success. It undeniably enhances their business. And they are more than happy to share their “secret sauce” for driving that innovation, as Steve Armato, Amazon’s vice president for Middle Mile and Tech, reveals in our podcast with him.

Here’s how Amazon fosters a transformative role for AI and other technologies to keep their practices cutting-edge…and profitable.

1. Empowerment: Start with Your People.

Humans remain the alpha and omega of innovation. Steve says Amazon empowers employees by providing training, development, education, and other upskilling programs…shaping a supportive environment for sharing and prototyping new ideas. Steve is particularly fond of Innovation at Scale: encouraging a collaborative approach to moving an idea to a reality that benefits multiple groups across the company.

2. Innovate with People in Mind.

The purpose of any innovation must ultimately benefit people, either your employees or your customers. At Amazon, innovation benefits both employees and customers. For example, Amazon uses AI to provide summaries of the many reviews of each product offered so customers can quickly see why an item gets its score. AI also designs new delivery routes to get purchases to the customer’s porch faster and more efficiently. Meanwhile, robots boost ergonomics (and thus reduce injuries) for warehouse workers.

3. Keep an Eye on AI.

Amazon has used machine learning for decades…thoughtfully. AI systems are used to personalize customers’ shopping experiences and personalize employees’ work experiences. AI is also used for forecasting and predictive inventory management, which is why the retailer is so reliable and rarely unable to provide a listed product. Steve believes this AI is simply the latest step in technology’s standard evolution, in this case, from mainframe computers to desktops to smartphones to AI.

4. Monitor and Test: Is It Really Helping?

Even the best tech is no good if it doesn’t help your organization. Look beyond the immediate. While AI-driven forecasts and inventory management lead to better product placement, faster deliveries, and reduced costs, they also significantly boost Amazon’s sustainability by reducing shipping distances. Other new tech also drives Amazon’s shift to electric delivery vans and renewable energy projects, further driving sustainability and long-term reductions in operating costs.

5. Leaders Must Lead.

Just as innovation starts with people, so do people close the innovation loop. In this case, it’s you: the human leader. It’s important for you to create an innovative culture, to have your own innovative mindset, and to create a vision of the future. Successful innovation requires leaders with a mix of grit and optimism: you’ll need to maintain your drive when the inevitable bumps in the road arise and continue having faith in your vision. Both of those positively affect your team. This magnifies innovation; many of Amazon’s ideas come from the bottom-up rather than just the top-down.

6. Bonus: Your Innovation Boosts Beyond You.

Amazon freely shares much of its tech, developing enterprise-level tools for small businesses, such as mapping and routing tools. It also has a multi-million dollar program to train and upskill the public on AI and other tech, not just its own workers. That ensures a future talent pool not only for Amazon but also for other organizations, large and small.

At Amazon, innovation constantly transforms their business with results that extend far beyond the company itself. That means success is defined by much more than simple profit; it is defined by broad benefits instead.

How will your leadership with new technology transform your organization?

 

This article was adapted by Dan Mushalko from our podcast episode How Moonshots & Robots Put Packages on Your Porch.

Thank you for reading our newsletter, where we bring you thought leaders and innovative ideas on leadership topics each week.

We strive to elevate the quality of leadership worldwide. Are you ready? If you are looking for help developing your leaders, explore our services.

The Unconventional CEO: Leading with Empathy and Transparency at Omaha Steaks

How would you like to run a 100-year-old start-up?

Omaha Steaks has been around for over a century and has been tremendously successful throughout…achieving every marketer’s dream of becoming a household name. The secret, according to CEO Nate Rempe, is to act like a start-up, and constantly innovate. We’ll give you a taste of his Innovative Leadership ideas in this episode you can chew on. Read on for Nate’s key ingredients to success in a values-driven firm.

At first glance, Omaha Steaks may seem like a straightforward food company, a brand dedicated to selling gifts and subscription boxes that help families get dinner on the table. But in my time here, I’ve learned that we’re so much more—this is a 107-year-old iconic brand powered by passion that has mastered the secret sauce to creating premium customer-centric experiences for families all across the country.

With my background in technology and data-driven decision-making, I was thrilled to join the company in 2016 as its CIO. But to be honest, before I would be elevated to the role of President & COO in 2020 and then to CEO in 2023, I had a lot of learning to do about who Omaha Steaks was and what it needed to win the next 107 years.

Becoming the first non-family leader in the brand’s history meant that there were new leadership lessons I would need to learn and embrace. Even with my experience, I had much to learn about how to be successful at the helm of a century-old, family-owned company. While many companies refer to their culture as a “family,” it’s almost always more in words than action. Yet, at Omaha Steaks, there really was this sense of family—not in the traditional sense per se, but rather in the sense of membership and values. Team members here are celebrated as a part of something special, and we align on shared core values…values we actually live by. Understanding this key cultural element was critical in continuing the Simon family legacy at Omaha Steaks, a legacy I felt a strong responsibility to keep.

In my tenure, I’ve figured out a few key ingredients to being successful in a values-driven firm like ours—but in reality, these principles can be transformational in any business. Here’s my recipe:

1. Empathy and heart at the center: Change is good, but it doesn’t need to be immediate. My first eight months as CIO at Omaha Steaks were more focused on inflicting change on the organization and not on winning the hearts and minds of the people surrounding me every day. It wasn’t until I honestly reflected on my methods—something easier said than done—that I had the realization that I needed to adapt my approach. Empathy in leadership isn’t something that comes naturally to me, and I had to challenge myself to be more conscious of what others were feeling on a day-to-day basis. New leadership always creates feelings of uncertainty for team members, and I needed to inspire and lift up the people around me, so we could make changes together.

2. Transparency with ALL employees establishes a culture of trust: We’re all in this together. We win and lose together. As a result, our culture talks honestly about things like company performance and the ups and downs of running our business—the good and the bad. The more transparency exists, the more engaged and invested team members are, the more they trust the organization, the better they perform, and the longer they stay. I’ve seen transparency work wonders at scale. After all, building a culture of trust is what leadership is about.

3. Leadership means prioritizing two-way conversations: Omaha Steaks has 1,500 employees year-round, and we hire 6,000 more during the holidays. It didn’t feel like enough to sit behind a computer screen and preach at the company from my office. Neither did “all hands” meetings have the intimacy we needed. I wanted to have individual conversations with as many team members as possible. The end result: my team helped me form “Rempe’s Roundtables”—a program where every quarter, I hold 45-minute conversations with small groups of team members across the company, where individuals can share honest feedback and ask me questions. Going into our fourth year of the program, the sessions have been excellent, but the benefits have reached far wider. It has created a dynamic where people feel like they can approach me. That transparency creates trust and loyalty, and our job satisfaction rates have never been higher.

4. A leader’s impact stretches far past the employee count: The late Bruce Simon, who also held the role of CEO at Omaha Steaks, imparted an unforgettable piece of wisdom to me—as CEO, we are the captain of a ship of 7,000-plus souls. And it’s not just the faces we see in the hallways every day: we’re responsible for the well-being of their kids and spouses, too. When the company performs well, we enrich all of those lives—and the opposite is true, too. That’s given me perspective and a unique sense of motivation.

5. Leadership is a learned skill, not an instinct: We can’t “talk the talk” about growing our business without fostering growth inside, too. It’s all connected, and true transformational change in an organization will only come when its culture commits to continuing education around how to lead. Leadership is a learned skill, and at Omaha Steaks, we recognize one of the best investments we can make is in helping our leaders master their craft. Our Accelerate Leadership Program and our Omaha Steaks University courses teach our leadership methodology and reinforce our vocabulary, including relevant concepts that drive our mission: creating amazing experiences—for both our team members and our customers.

Omaha Steaks has had an amazing 107 years in business, and I’m excited to see how we can harness the changing technology and DTC landscape to transform over the next 107. I recognize and am humbled by the impact we can make on customers’ lives every day, and I never take that impact for granted. Whether we’re here to get a wholesome dinner on the table during a busy night or we’re helping someone give the perfect gift during a special occasion, it’s because of the collective heart of our teams that we are able to do so. I’m proud to lead that charge.

 

This article was written by Nate Rempe as a companion to our podcast episode Why Rare Leadership is Well-Done at Omaha Steaks.

Thank you for reading our newsletter, where we bring you thought leaders and innovative ideas on leadership topics each week.

We strive to elevate the quality of leadership worldwide. Are you ready? If you are looking for help developing your leaders, explore our services.

Building Ethics Builds Your Business

In cartoons, people with an ethical dilemma have little advisors pop up on their shoulders: one good and one bad. It’s not that easy in business. Society no longer has just one ethical framework. There are dozens, so which do you choose?

Greg Moran, Executive-in-Residence, Former Sr. Executive at Ford, Chase, Nationwide, and more, says choosing your organization’s principles is the first thing to do when launching a business—even before you create your pitch deck! From Enron to OpenAI, Greg reviews the vagaries of business ethics…and how you can navigate through them.

About a month ago, I ended up sitting at the bar in a ramen place while Apple replaced the battery in my iPhone. It is a singular thing these days to be unexpectedly cut off from the world for 90 minutes, so the ramen lunch was simply the best way I could come up with to spend an hour without spending a lot of money (I was at a mall). I was the only one at the bar, so the bartender started chatting with me. He asked what I did, and when he learned that I did advisory work, he asked me what the most important advice I could give on leadership might be. Without giving it much thought, I said, “Have a clear ethical framework that you adhere to, and within that, be nice. ˮ I have thought about it a lot since and decided that my intuition was right, and I would not change my answer.

Ethical conduct is not merely a choice but a foundational element that underpins the long-term viability and positive impact of people and organizations. Ethical leadership, accountability, fairness, transparency, and lawfulness are essential in shaping a culture of trust and respect within businesses.

Case studies such as the Wells Fargo fake accounts scandal, the Volkswagen emissions scandal, and the Purdue Pharma controversy vividly illustrate the substantial costs and repercussions of unethical behavior in the corporate world. These consequences encompassed the erosion of consumer trust, legal ramifications, reputational damage, and adverse effects on society at large. There are also personal ramifications of ethical failures, including financial penalties, legal entanglements, loss of trust, and enduring impacts on one’s personal legacy.

There are various ethical frameworks like Utilitarianism, Kantian Ethics, Virtue Ethics, Judeo-Christian Ethics, and Stakeholder Theory. These frameworks can serve as guiding principles for ethical decision-making, emphasizing the importance of aligning actions with moral values and considering the broader impact on stakeholders and society. Integrating key ethical principles such as integrity, accountability, fairness, transparency, and respect into professional conduct is essential for navigating ethical dilemmas and fostering a culture of integrity within organizations.

While not exhaustive, these vital ethical principles in business help shape organizational conduct and foster a positive culture:

Integrity

Definition: Integrity entails being truthful, fair, and adhering to moral and ethical principles in all actions and decisions.

Importance: Integrity involves consistently aligning words with actions, even without oversight, to build trust and inspire excellence within the organization.

Application: Demonstrating integrity involves honoring commitments, telling the truth, following through on promises to customers, addressing employee concerns sincerely, and conducting operations transparently.

Accountability

Definition: Accountability refers to accepting responsibility for one’s actions and decisions, including the outcomes and consequences that ensue.

Importance: Accountability cultivates a culture of trust and respect within the organization, assuring stakeholders that individuals and the organization will stand behind their actions.

Application: Businesses showcase accountability by acknowledging and addressing mistakes and learning from them rather than concealing or ignoring errors when they occur.

Fairness

Definition: Fairness involves objectively balancing competing interests and making just, equitable, and impartial judgments and decisions.

Importance: Fairness ensures that all stakeholders are treated equally, without discrimination or favoritism, in terms of opportunities, rewards, and penalties.

Application: Practicing fairness entails establishing transparent criteria for hiring, promotions, and rewards, conducting business dealings openly and equitably, and avoiding bias in decision-making processes.

Transparency

Definition: Transparency denotes the openness and clarity with which a company conducts its business operations, sharing relevant information in a straightforward and accessible manner.

Importance: Transparency builds trust by enabling stakeholders to make informed decisions and judgments about the organization, signaling a commitment to ethical standards.

Application: Businesses can promote transparency by consistently sharing critical business information with stakeholders, maintaining predictable practices for information disclosure, and ensuring accessibility of information.

Lawfulness

Definition: Lawfulness involves compliance with legal and regulatory obligations and adhering to laws and regulations without seeking loopholes or compromising ethical standards.

Importance: Law-abiding behavior ensures that employees are not placed in ethically compromising situations and that the organization operates within the bounds of the law.

Application: Upholding lawfulness requires investing in understanding relevant laws, regulations, and regulatory agencies, establishing frameworks for compliance, and monitoring adherence to legal requirements.

Respect

Definition: Respect in a business context entails valuing the contributions of all individuals associated with the organization, including employees, customers, and communities.

Importance: Respect fosters an inclusive environment that embraces diversity, encourages open communication, and nurtures mutual respect among stakeholders.

Application: Demonstrating respect involves creating inclusive workplaces, engaging with community stakeholders meaningfully, welcoming diversity, and ensuring products and services benefit a broad range of customers.

By integrating these principles into the professional ethos, individuals and organizations can navigate ethical challenges effectively, uphold integrity, and build a reputation based on values and principles.

Ethical behavior is not just a moral imperative but a strategic necessity for businesses seeking sustained success. Aspiring leaders should internalize ethical values and commit to developing and upholding a clear ethical framework in their professional endeavors. By cultivating ethical cultures and adhering to core ethical principles, businesses can not only mitigate the risks associated with unethical conduct but also contribute positively to society, enhance their long-term prospects, and safeguard their reputation in an increasingly interconnected and demanding business landscape.

 

This article was written by Greg Moran as a companion to our podcast episode Forming Your Firm’s Ethics.

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We strive to elevate the quality of leadership worldwide. Are you ready? If you are looking for help developing your leaders, explore our services.

Discover the Wealth of Your Team’s Talent

Would you like to be valued for being you rather than for being your job description?

That’s a personal benefit of working in a skills-based organization. For the company, that kind of recognition brings better engagement, more productivity, and increased innovation.

A skills-based orientation goes beyond job titles and descriptions. Instead, it assesses the talents of everyone, from the front line to the back office, and then assigns people to projects that best suit their unique combination of skills.

Brian Richardson helps organizations enter this skills-based world. The founder and CEO of Richardson Consulting Group, Inc. shared the following steps and tips as a guest on our podcast. They can help you plan your move to fully realize your team’s talents.

1. Start with your own leadership mindset: it’s time to experiment.

As with anything new, expect stumbles and outright failures. More importantly, let your team know to expect them…and that they’re okay. One primary reason innovation and change stagnate is fear of failure; far too often, employees expect to be punished if they fail, so stop taking risks. Let your team know some failures are expected; it’s okay if you then look at the data and learn from your implementation experiment. At the Innovative Leadership Institute, we call this leadership trait “the mind of a scientist.”

2. Assess individual talents on your team.

Determine each person’s skills; without this step, you’ll obviously have trouble being skills-based! Skills assessments are nothing new. Your HR department most likely knows them quite well. Artificial intelligence platforms have entered this arena, making the assessments all the easier to collect, collate, analyze, and then have at your fingertips when it’s time to deploy. With AI’s help, go even deeper: fully understand what employees can do now and what they could do in the future with some development.

3. Start with one or two targeted pilot projects.

Remember the mind of a scientist? These pilots are your experiments. Don’t expect overwhelming victory from the outset; you’re gathering data now for your ultimate success. What works best in your particular workplace? For the quirks and strengths of your particular team? Discover your new best practices as you build momentum with quick wins in these focused domains.

4. Consider the cultural ripples.

Most firms grew with the old-school practice of squeezing people into narrow job descriptions instead of providing the personalized work experience that skills-based systems create. That standard workplace culture must now change, too—especially for leaders! HR leaders, for example, will now shift perspectives, enabling fluid workflows by basing activities on employee abilities rather than predefined responsibilities. Managers will move to flexible teams, quickly identifying qualified people from across the company to fill particular project needs. C-suiters will drive strategies (and strategic plans) by aligning them with the skills pool buoyed by their talented staff—talent they can now appreciate thanks to this new skills-based approach!

5. Expect an organization-wide change.

With a few successes under your belt, the advantages become clear. The win-win for employees and the company fosters a desire to change across the company. Hold steady; despite the excitement, this will be a multi-year journey requiring patience and commitment. Every step of the implementation provides you with more experience and data to make the next rollout smoother and more successful.

As the pace of change and the increase in disruptive events continues in our world, adopting a skills-based approach is more than a forward-thinking HR strategy; it’s an absolute necessity. Think of it as an accelerator for your organization’s survival skills: adaptability, resilience, enhanced productivity, and boosted employee engagement. And for you personally, what could be better than being valued for being you?

 

This article was adapted by Dan Mushalko from our podcast episode Economies of Skill: Moving to a Skills-Based Team.

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We strive to elevate the quality of leadership worldwide. Are you ready? If you are looking for help developing your leaders, explore our services.

Why Your New Job Is CSO (Chief Storytelling Officer)

Where is leadership bred: in the heart or in the head?

That may modernize Shakespeare’s original question, but it’s essential to ask in an era when many leaders live by numbers, analytics, and logic (and are asking AI to boost that). In our podcast, Dr. Tanvi Gautam, senior faculty at Singapore Management University and program director of SMU Executive Development, answers with a resounding “Both!”

Tanvi found that combining head and heart-based tools unlocks leadership potential that rational approaches alone simply cannot reach. Storytelling holds the chief spot amid the heart-based tools. Here’s why:

1. Storytelling has transformative power.

There’s hard science at work here. Stories activate the whole brain. Neuroscience studies find that a story’s facts activate language and analytical areas of the brain, while other story elements light up sensory and abstract areas. In short, your tale clicks on your team’s imagination; they see themselves in it. Because they “experience” it, the key points stick. Just like a movie’s hero changes as the film progresses, your team begins to transform, too.

2. Stories help your team navigate the future fluidly.

Future fluidity is Tanvi’s term for the ability to meet and navigate the future, whether it meets our expectations or not. It’s similar to the Innovative Leadership Institute’s “future-ready” concept. The key here is preparedness. Use the age-old storytelling technique of asking “What if…” as part of your regular routine. Rehearsing radical scenarios as thought experiments primes your team to quickly pivot when disruption inevitably strikes. Add pushing your team beyond its comfort zone—by attending conferences outside their fields, reading about unrelated topics, and the like—and your What-If stories are building resilience!

3. Tales tell your mission and purpose more effectively than taglines and mottos.

Ever wonder why action movies always include some kind of origin story? They help you understand the main character’s motivation and purpose. Without his tragic origin story, for example, even an icon like Batman would just be a crazed maniac beating up people at night. So, do a little research and discover your organization’s origin story. That will reveal the deeper reasons behind your company’s mission and purpose. Knowing the human side of the business helps people get behind it and genuinely believe in the mission—far more than just having them memorize a motto.

4. Your narrative fosters deep collaboration.

Knowing your story creates a common bond between team members; they’re now sharing a mission and purpose. That in itself fosters collaboration. More importantly, that shared story invites better communication, which, in turn, opens the door to deeper conversations. Tanvi’s five areas of deep conversation are inspiration, learning, friction, strategizing, and daring. Discussing these breaks down silos and shows a common purpose, which leads to better innovation, resilience, and future fluidity.

5. Stories MOTIVATE.

This is the cumulative effect of all the points we made above. It boils down to one prime element: belief. It’s one thing to flatly work toward hitting sales goals or a 3% profit increase. It’s entirely different to know that those goals originated in the founder’s desire to eradicate hunger and malnutrition with low-cost, high-quality foods. Or knowing why you, as the leader, believe so fervently in the team’s work. It’s hard to go above and beyond for a quarterly P&L statement; it’s easy to give your all to a story you believe in.

Scan those spreadsheets. Let your eyes dart across that dashboard. Their information keeps tabs on your team’s progress. Then, sit back and continue creating your story. Share it with your team, and you’ll move your plot toward success and a happy ending!


New Forbes Article

Check out Maureen’s latest article contribution reflecting on the key themes of the 2023 International Leadership Association Global Conference. Read Cultivating Leadership for a Thriving Future here.

 

This article was adapted by Dan Mushalko from our podcast episode Tales from the Top: How Leaders Use Stories.

Thank you for reading our newsletter, where we bring you thought leaders and innovative ideas on leadership topics each week.

We strive to elevate the quality of leadership worldwide. Are you ready? If you are looking for help developing your leaders, explore our services.