Value Creators
Welcome to the Value Creators podcast, the ultimate destination for business enthusiasts seeking to unlock the secrets of success through the lens of Austrian economics. Join Hunter Hastings and a variety of insightful guests as they delve into engaging conversations with business owners and esteemed practitioners from leading business schools.
In each episode, the Value Creators podcast goes beyond the surface-level discussions of traditional business strategies and explores the profound impact of Austrian economics on the world of entrepreneurship. Drawing upon the rich principles and theories of this school of thought, our host uncovers hidden gems and actionable insights to help listeners improve their businesses.
With a keen focus on value creation, this podcast aims to inspire and empower listeners to elevate their businesses to new heights. By exploring the ideas of Austrian economics, which emphasize individual decision-making, market dynamics, and the importance of entrepreneurship, our interviews shed light on innovative strategies and approaches to succeed in today's dynamic business landscape.
We'll present a diverse range of guests, including successful business owners who have effectively applied Austrian economics principles to their enterprises. Listeners will gain invaluable knowledge about strategic decision-making, market-driven innovation, and the importance of understanding human action in business contexts.
Additionally, the podcast features discussions with esteemed practitioners from renowned business schools. These experts provide listeners with a broader perspective on how Austrian economics can be effectively integrated into business curriculums, enabling aspiring entrepreneurs to sharpen their skills and gain a competitive edge.
Whether you're a seasoned business owner, an aspiring entrepreneur, or a curious mind intrigued by the intersection of Austrian economics and business, the Value Creators podcast is your go-to resource. Tune in to each episode to explore thought-provoking discussions, actionable advice, and captivating stories that will inspire you to unleash your full business potential.
Are you ready to uncover the secrets of successful businesses through the principles of Austrian economics? Join us on the Value Creators podcast and embark on an enlightening journey that will revolutionize the way you approach entrepreneurship.
Value Creators
Episode #24. Amanda Goodall on The Power Of Expert Leaders
In our ongoing series investigating leadership in business - coming from the skeptical perspective of “Is there such a thing?” - we meet Amanda Goodall, a professor of leadership at Bayes Business School, City University of London, specializing in the influence of leaders and managers on performance, shares insights from her book "Credible: The Power of Expert Leaders."
She has a new perspective on business leadership. It’s not a general management function that can be taught in an MBA course. It can’t be learned from leadership courses. It can’t be implemented by management consulting firms. Leaders must first be experts in their field and the core business of the firm.
Amanda shares the importance of experts in providing a clearer sense of purpose and fostering a longer-term organizational perspective. The dialogue concludes with a call to establish expert-friendly environments, and emphasizes the removal of impediments to harness expertise for organizational success.
Resources:
https://www.goodreads.com/book/show/63251919-credible
https://www.amazon.com.au/Credible-Expert-Leaders-Amanda-Goodall-ebook/dp/B0BS3FS9XH
Shownotes:
0:00 | Intro
02:41 | Leadership Studies: Academic Overview
06:26 | Defining Leadership's Impact on History
09:07 | Patterns of Expert Leadership
13:35 | Success of Expert Leaders: Key Principles
17:25 | Expert Leadership at All Levels
18:05 | Reed Hastings' Leadership Style and Bureaucracy in Organizations
21:32 | Openness and Autonomy: Keys in Tech Companies
22:38 | Challenges in Defining Core Functions
25:15 | Rethinking Leadership: Business School Approach to Leadership
30:48 | Metrics Obsessed Defined
33:28 | Expert Leadership: How They Craft a Clear Essence of Purpose
35:22 | How Expert Leaders Create More Productive Workplaces?
38:43 | Expert Leaders Exhibit Greater Emotional Intelligence
41:34 | What is an Expert-Friendly Company?
45:40 | Removing Barriers to Get an Expert-Friendly Organization
47:27 | Wrap Up: Revolutionary Approach of Amanda Goodall