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How Leaders Lead with David Novak

#144: Kevin Warsh, former member of the Federal Reserve’s Board of Governors – Study the leaders around you

How Leaders Lead with David Novak

David Novak Leadership

Entrepreneurship, Business, Management

4.8596 Ratings

🗓️ 20 July 2023

⏱️ 51 minutes

🧾️ Download transcript

Summary

Today’s guest is Kevin Warsh, a brilliant economist who served on the Federal Reserve board of governors during the 2008 financial crisis.  In this episode, you’ll get his powerful insights into our current economic climate. These are trends every business leader needs to be aware of right now. But there’s an even bigger insight for you here, too. When you ask Kevin about his success, he is quick to give credit to the other leaders he’s worked for. That’s how he’s grown his own leadership skills. That’s a must-have mindset for any leader. We’ve got to actively pay attention to the leaders around us and learn from them.  Whether you’ve got a boss who’s fantastic … or whether you don’t … you’ve still got a huge opportunity either to adopt or avoid the strategies you see other leaders using. And this episode will help you do just that!  You’ll also learn: How to deal with doubters – especially if you’re younger than those you lead What we can learn from the 2008 economic crisis (and why it matters right now) The strength of a team that (respectfully) disagrees with each other A powerful framework to analyze big trends in order to make sound decisions What it’s like to walk into the Oval Office and interview to be Fed Chair Take your learning further. Get proven leadership advice from these (free!) resources: The How Leaders Lead App: A vast library of 90-second leadership lessons to stay sharp on the go  Daily Insight Emails: One small (but powerful!) leadership principle to focus on each day Whichever you choose, you can be sure you’ll get the trusted leadership advice you need to advance your career, develop your team, and grow your business.

Transcript

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0:00.0

Welcome to How Leaders Lead where every week you get to listen in while I interview some of the very best leaders in the world.

0:10.6

I break down the key learning so that by the end of the episode, you'll have something simple you can apply as you develop into a better leader.

0:18.2

That's what this podcast is all about. My guest today is Kevin Warsh,

0:23.2

a brilliant economist who served on the Federal Reserve Board during the 2008 financial crisis.

0:29.4

And boy, you're here in for a real treat today because he's got a lot of insights into our current

0:35.2

economic climate. These are trends every business leader needs to be aware of right now.

0:41.7

But there's an even bigger insight for you here too.

0:45.3

Because when you ask Kevin about his success, he is quick to give credit to the other leaders

0:50.5

he's worked for.

0:52.0

That's how he's grown his own leadership skills. Now, this is not

0:56.2

going to come as a surprise to you, but I absolutely love that mindset. We've got to actively

1:02.3

pay attention to the leaders around us and learn from. Look, I hope you're a fantastic boss,

1:09.7

better yet, a fantastic coach. But even if you aren't,

1:13.7

you've still got an opportunity to learn and grow. When you study the leaders around you,

1:19.5

you can easily spot the strategies and habits you want to adopt for yourself and those you want

1:25.6

to avoid. And this episode will help you do just that.

1:29.8

So here's my conversation with my good friend and soon to be yours, Kevin Warsh.

1:40.9

Kevin, it's great to have you on the show.

1:43.5

Hey, David, thank you so much for including me.

1:45.9

All I can say is you must be pretty deep on your depth chart to have me on this show.

1:51.1

I've been a long time listener.

1:53.0

You've been a dear friend.

...

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