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Admitting “I Don’t Know” Is a Superpower in Leadership #BusinessInsights #CorporateScandal

February 17, 2026 / 01:32

This episode discusses leadership, organizational culture, and the importance of admitting mistakes. Key topics include the role of leaders in inspiring teams, the necessity of transparency in communication, and the impact of collective problem-solving.

The conversation highlights a scenario where a CEO faced a challenge in cost-cutting and admitted to not knowing how to find additional savings. This vulnerability prompted the team to rally together and seek new solutions, demonstrating the power of collaborative leadership.

Listeners learn that effective leadership is not just about authority but also about modeling behavior that encourages engagement and transformation within an organization. The episode emphasizes that cultural change can happen quickly when leaders act in ways that inspire their teams.

Overall, the discussion underscores the significance of leaders being open about their limitations and fostering a culture of teamwork and innovation.

TL;DR

Leadership requires admitting mistakes and inspiring teamwork for cultural transformation.

Episode

1:32
00:00:00
It doesn't matter how sen senior you are
00:00:02
in the organization how much power
00:00:04
you're seen to have in fact the more
00:00:06
power they have the more you have to
00:00:08
admit mistakes and also admit you don't
00:00:12
know the don't knows are important I
00:00:14
remember another situation where a CEO
00:00:18
uh at a time of serious cost cutting had
00:00:20
the team had done everything they
00:00:22
thought they could he went to see the
00:00:24
group CEO and the group CFO and he came
00:00:27
back in the room and said we need to
00:00:29
find another 50 million in savings. It's
00:00:32
just not enough. And I don't know where
00:00:34
to begin. And what happened? They didn't
00:00:36
say stab him in the front, let alone
00:00:38
stab him in the back. They all said,
00:00:39
"Okay, let's let's go again. Let's do it
00:00:42
again. Let's get other people in the
00:00:44
room. We've obviously missed stuff.
00:00:46
We're bound to have missed stuff. Let's
00:00:47
do it again." Everyone in the
00:00:50
organization in any position of
00:00:51
leadership needs to model that behavior.
00:00:54
It's not what leaders say that people
00:00:56
follow. It's what they do. When internal
00:00:59
comms teams get that and when boards
00:01:02
stop agonizing over words and people
00:01:06
actually say I'm watching my leader and
00:01:10
she or he is behaving in a way that
00:01:12
inspires me. The engagement you get the
00:01:15
transformation in culture can be
00:01:17
overnight. I'm not a believer that
00:01:18
cultural transformation takes years. It
00:01:21
does because people don't understand it.
00:01:25
>> [music]

Badges

This episode stands out for the following:

  • 60
    Most inspiring

Episode Highlights

  • The Power of Leadership Behavior
    Leaders inspire through actions, not words, transforming organizational culture rapidly.
    “It's not what leaders say that people follow. It's what they do.”
    @ 00m 54s
    February 17, 2026
  • Cultural Transformation
    Cultural change doesn't have to take years; it can happen overnight with the right leadership.
    “Cultural transformation can be overnight.”
    @ 01m 17s
    February 17, 2026

Episode Quotes

  • It's not what leaders say that people follow. It's what they do.
    Admitting “I Don’t Know” Is a Superpower in Leadership #BusinessInsights #CorporateScandal
  • Cultural transformation can be overnight.
    Admitting “I Don’t Know” Is a Superpower in Leadership #BusinessInsights #CorporateScandal

Key Moments

  • Leadership Lessons00:54
  • Cultural Change01:17

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