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What does it take to become a truly effective leader?
Our guest this week is Patrick Flesner from Cologne Germany. Patrick has been working in private equity, venture capital, and mergers & acquisitions for two decades. As an investor, board member, leadership coach, and mentor, he has been passing on his leadership and growth insights to founders, entrepreneurs, managers, leaders, and leadership teams of companies of all sizes.
As a leadership coach and trusted adviser, he works with leaders who want to become more effective leaders and build thriving teams. He is especially passionate about working with leaders in change situations, assisting leaders in growing their businesses fast and efficiently, and helping leaders turn around dysfunctional organizations.
He is the author of the bestselling growth handbook: FastScaling: The Smart Path to Building Massively Valuable Businesses. His writing has also appeared in Inc. Magazine, I by IMD, and the MIT Sloan Management Review.
Today we’re going to discuss his latest book The Leadership House: A Leadership Tale about the Challenging Path to Becoming an Effective Leader, and a practical framework for becoming an effective leader that others trust, respect, and follow. We explore important distinctions in vertical and horizontal accountability, the eight pillars of leadership, indicators of poor leadership, and how to restore trust after it’s been broken.
Whether you are a startup founder or leader in a large organization, you will find Patrick’s practical framework and insights highly valuable.
What We Discuss in this Episode
- What is leadership?
- Why leadership is a privilege
- What are the elements that make a leadership framework
- The difference between responsibility and accountability
- Vertical accountability vs horizontal accountability
- The importance of shared values and shared goals
- Building great leaders in your organization
- Indicators of poor leadership
- Why you can’t be an effective leader without trust
- How to build or restore trust using the RESPECT framework
Podcast Highlights
1:45 – Defining leadership
4:30 – The leadership framework
9:16 – Responsibility and Accountability
13:20 – Establishing Culture
20:45 – Turning the ship around
23:35 – Supporting leaders
26:30 – How to build trust
30:10 – Taking action
Episode Resources
- Book: The Leadership House
- TEDx Talk: How to Become a Highly Effective Leader
Connect with Patrick Flesner for Consulting and Advice
- Website: https://www.patrickflesner.com
- LinkedIn: https://www.linkedin.com/in/patrickflesner
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