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How Leaders Lead with David Novak

#241: Greg Johnson, Owner of the San Francisco Giants – Let people take ownership

How Leaders Lead with David Novak

David Novak Leadership

Entrepreneurship, Business, Management

4.8596 Ratings

🗓️ 29 May 2025

⏱️ 49 minutes

🧾️ Download transcript

Summary

If your smartest people aren’t stepping up, maybe it’s time to look in the mirror. In this episode, David sits down with Greg Johnson, the Chairman of Franklin Templeton and principal owner of the San Francisco Giants. Greg shares why ownership—not control—is the key to building high-performing teams and retaining top talent. Whether you lead in finance, sports, or anywhere in between, you’ll walk away with practical strategies to give your people more agency and unlock their full potential. You’ll also learn:  Why you really shouldn’t wait to fix that personnel issue One danger to watch out for when you expand The two elements to focus on if you want to develop more leaders What really drives employee retention 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

You know, ownership is so important to everything that any employee does, and you're not going to keep people.

0:05.0

If one, they don't feel like they can control their destiny or two, if they don't feel like they're going to have opportunities to grow.

0:17.8

You ever wonder why sometimes the smartest people just aren't performing at the highest level that they can?

0:24.4

Well, stick with me. You might just find out why.

0:27.9

Welcome to How Leaders Lead. I'm David Novak, and every week I have conversations with the very best leaders in the world to help you become the best leader that you can be.

0:39.2

My guest today is Greg Johnson.

0:44.4

He's the executive chairman of Franklin Templeton, which is a global investment firm that manages more than one and a half trillion dollars in assets. He's also the principal owner of the San Francisco

0:51.0

Giants, who happened to be off to a great start this year. And in both

0:56.4

roles, Greg leads with trust to make sure that the smartest people in his organization can

1:03.1

perform at the highest level. He believes people do their best work when they're given real ownership

1:09.3

over their decisions and opportunities.

1:12.5

So many leaders think that they've got to keep their people on a short lease and retain

1:17.3

control. But when you listen to Greg, you realize if you want to build empowered teams

1:23.4

and keep your best people, you've got to let go and let them take ownership.

1:28.9

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

1:39.0

You've got quite the stadium in San Francisco.

1:42.7

I've got to ask you, if you ever kayaked out into McCovee and tried to catch a home run ball yourself?

1:49.3

Well, I can honestly say I have not done that, but maybe that's on the to-do list of things I need to do.

1:55.0

It'd be kind of fun out there. It looks like you get some nice days hanging out.

1:58.1

Yeah, it looks like it's a blast. They're having fun going after it.

2:01.6

And I know for you, it's always better when that home runs a San Francisco home run.

2:07.2

Certainly helps.

...

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