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In Good Company with Nicolai Tangen

Geoffrey Garrett: Modern Leadership, Business Education and Perspectives on Global Economy

In Good Company with Nicolai Tangen

Norges Bank Investment Management

In Good Company, Business, Norges Bank, Nicolai Tangen

4.8186 Ratings

🗓️ 7 May 2025

⏱️ 44 minutes

🧾️ Download transcript

Summary

What does it take to be a great leader in today's complex world? In this episode, Nicolai Tangen talks with Geoffrey Garrett, Dean of USC Marshall School of Business, about modern leadership principles. They discuss the importance of being "human" rather than "heroic" as a leader, balancing technical skills with people skills, and the value of curiosity in complex environments. Geoffrey explains why avoiding micromanagement helps develop stronger teams and why leaders should strive to be both humble and confident. Tune in for valuable insights on effective leadership!

In Good Company is hosted by Nicolai Tangen, CEO of Norges Bank Investment Management. New full episodes every Wednesday, and don't miss our Highlight episodes every Friday.


The production team for this episode includes Isabelle Karlsson and PLAN-B's Niklas Figenschau Johansen, Sebastian Langvik-Hansen and Pål Huuse. Background research was conducted by Une Solheim and Kristian Haga.

 



Hosted on Acast. See acast.com/privacy for more information.

Transcript

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0:00.0

Hi everyone. I'm Nikolai Tangan, the CEO of the Norwegian Southern Wealth Fund. And today I'm in really

0:05.8

great company with one of my favorite people, Jeff Garrett. Now, Jeff is the dean of the

0:12.4

University of Southern California, Marshall School of Business and has an incredible track record.

0:17.3

And I know him from when he was the dean at the Wharton School. Actually, he was the first person I called when I got the job in the Norwegian Southern

0:25.0

World Fund to ask him, you know, what am I going to do?

0:29.6

Also, Jeff has held very important roles at Oxford, Stanford and Yale.

0:35.5

So, Jeff, big welcome.

0:37.3

Hi, Nikolai. It's great to be on with you.

0:48.5

What's the number one skill a leader needs today?

0:52.2

So, you know, I think the world of leadership is changing a lot.

0:57.6

You know, for me, maybe it's a bit glib, but I would say we used to think about leaders as

1:02.9

heroes and now we need to think about leaders as humans.

1:06.8

So I think my answer would be to be more human.

1:10.9

Can it be taught?

1:13.0

Classic business school question.

1:15.6

My classic answer to that is you might not be able to teach leadership, but our students

1:22.3

can certainly learn to be leaders.

1:24.3

And I think that means that leadership education has to be very experiential.

1:31.1

What does that mean? Experiential, I think, means in the first instance, learning about who you are

1:38.8

as a person, who you want to be. Then second, how do you interact with others, become self-aware and self-reflective.

1:46.8

And then once you've done those two things, you can think about leading organizations.

1:50.7

But for me, it's very much inside out these days.

...

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