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How Leaders Lead with David Novak

#41: Stephen MR Covey, Covey Leadership Center CEO & Bestselling Author—Extend Trust the Smart Way

How Leaders Lead with David Novak

David Novak Leadership

Entrepreneurship, Business, Management

4.8596 Ratings

🗓️ 3 June 2021

⏱️ 52 minutes

🧾️ Download transcript

Summary

Today’s guest is Stephen MR Covey. As the CEO of Covey Leadership Center, he built the largest leadership development company in the world, and orchestrated the successful merger of Franklin Covey. He’s also the New York Times bestselling author of the excellent book, Speed of Trust. If you’ve ever felt like your business just doesn’t move fast enough, you’re going to love this conversation. Stephen believes there’s one secret ingredient in a business that can help a team move faster and be more successful. That secret ingredient is trust. And it makes sense, right? If our team members feel like they’re always jumping through hoops and being micromanaged, they’re never going to do their best work. And they’re certainly not going to work quickly. As leaders, it’s up to us to extend that trust to our teams so they can go out and do amazing things. That’s easier said than done, though! How can we trust our teams more while still minimizing risk and keeping people accountable?  Stephen is going to help us learn to extend trust the right way.  You’ll also learn: Three ingredients that can build trust on a team – starting in a single day Why a team with stark differences can be an advantage instead of a liability Tips to navigate the risks associated with extending trust The surprising risks of not trusting people (and how you can avoid them) 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.

0:10.2

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

0:17.8

That's what this podcast is all about.

0:20.5

Today's guest is Stephen M.R. Covey.

0:23.6

As the CEO of Covey Leadership Center, he built the largest leadership development company in the

0:29.0

world and orchestrated the successful merger of Franklin Covey. He's also the New York Times

0:34.8

bestselling author of the excellent book, Speed of Trust.

0:38.7

Now, listen, if you've ever felt like your business just didn't move fast enough, you're

0:44.6

going to love this conversation. Stephen believes that there's one secret ingredient in a business

0:50.7

that can help a team move faster and be more successful.

0:54.6

That secret ingredient is trust.

0:57.2

And it makes sense, right?

0:58.9

If our team members feel like they're always jumping through hoops and being micromanaged,

1:03.5

they're never going to do their best work.

1:06.0

And they're certainly not going to get their work done quickly.

1:08.8

The thing is, as leaders, it's up to us to extend that

1:12.7

trust to our teams so that they can go out and do amazing things. And obviously, that's easier

1:19.1

said than done. How can we trust our team members more while still minimizing risk and keeping

1:25.7

people accountable? Keep listening because Stephen is going to

1:29.8

help us learn to extend trust the right way. So here's my conversation with my good friend

1:35.9

and soon to be yours, Stephen M.R. Covey.

1:49.5

I first met you at the University of Missouri where you met with students all day,

...

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