Monday, November 28, 2022

Empowering Others to do their best work

Insight 1 of 4 with Tiziana Casciaro

Award-Winning Organizational Behaviorist & University of Toronto Professor

 

 We equate authority and power, but they’re not one and the same. Some people wield a lot of power even though their title may not suggest it. This is because power comes from control over the resources that people value and that they need and want. As the boss, you have resources that people want, and you control them: a promotion, a budget, an attractive project. But there will be people who have other resources that you might need. It could be information, or a network, and, without knowledge of them, you as leader are going to be cut out of a very important resource. That makes you dependent on them. We tend to personalize power, but nothing is further from the truth: power is always situated in a relationship. It’s all relative, and it shifts over time.

Power is not a zero sum game. We tend to think that if we share some of our power, we’re automatically going to lose power. That’s not how it works. The asymmetrical power that exists because of an imbalance—whether in relation to your employees or suppliers, or, for a country, between the people that have the most and those who have the least—is detrimental to the system in the long run.

A leader in an organization will be personally better off when they allow others to also exercise some power over them. By sharing power with others, they will give them the tools to do their best work. In the long run, you will benefit as well, as opposed to feeling attached to your own power and wanting to control the behavior of others. Giving

Wednesday, November 23, 2022

Columbia Law School Advice on Negotiating and More

Wanted to notate and save this advice on negotiating and leadership from Alexandra Carter

World-Renowned Negotiation Trainer for the United Nations and Director of Mediation Clinic at Columbia Law School
 


 The best leaders ask themselves the right questions to cultivate self-awareness. Questions help you define the problem to be solved, uncover your needs, and grapple with your emotions so that they don't come back to bite you in the room. Feelings help you explore prior successes, and also to create an action plan. Questions are a very powerful tool in a negotiation and especially useful for an expert audience. When you raise the right questions, you're going to get the information you need, and it will give you a target to aim at. If you don't ask questions, you are aiming in the dark.
 
Always start a negotiation by defining the right problem. Many people start their negotiations in the wrong place, by tossing out solutions. Start with, "What's the problem I'm trying to solve?" I was recently counseling a really promising start-up company. They'd had two rounds of financing, and they were getting ready for their next one. COVID hits, a segment of their business disappears, and, all of a sudden, they say, "Alex, we're going to reach out to every distributor we've talked to in the last two years." And I was like, "Whoa. Whoa. Whoa. What is the problem we are trying to solve here?" Depending on that answer, I'm going to counsel you differently. If you told me you wanted geographic distribution and just had to hit big everywhere, okay, maybe do a blitz, but even then, I would still question it. If you told me you needed to achieve the best product velocity in your key markets, then you’d need a totally different strategy.

One of the questions that I think is especially useful is: "How have I handled this successfully in the past?" Asking yourself about a prior success is indispensable before you negotiate with somebody else. If you go into a negotiation with somebody else having just thought about a prior success, you are likely to perform better, because you have primed your mind for creativity, expansion, flexibility, and the ability to think on the spot. The second reason is because the question acts as a data generator. If you think about a prior success and you write down in detail the strategies you used, you're going to find at least a couple that apply to your current situation. Even in a novel situation, you have been through things before, and you can find strategies to help you in your current situation.
 

 
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