Welcome to the Melbourne Business School podcast with Yasmin Rupesinghe, where we answer the biggest questions in business today and explore the latest research into leadership, power, strategy, diversity, marketing and more.
How displaying humility as a leader can boost team productivity
Leaders who display humility can improve their team's confidence and make them feel safe in the workplace, says Melbourne Business School Associate Professor Burak Oc.
"Irrespective of whether or not you're a humble person, if you do at least three things in an organisation, people will perceive you as a humble leader," he says.
"What are those three things? It's acknowledging that you're only human and you can make mistakes too, recognising other people's strengths and achievements, and basically putting in effort to learn and grow as an individual."
Professor Oc was speaking on the latest episode of the Melbourne Business School Podcast, joining host Yasmin Rupesinghe to discuss his research into the benefits of displaying humility as a leader in the workplace.
What business leaders should be doing in 2021
"There are some natural responses to the difficulties of 2020 that perhaps have us thinking about the future as being substantively different to the past, and while that may be true to a degree, there are some things that remain the same," says Vivek Chaudhri.
"Looking through the pandemic looking glass, we've perhaps magnified certain aspects of what leadership calls on but also distorted to some degree some of the natural tendencies that we've talked about for a long time around leadership.
"It's important to just situate 2021 in the context of leadership more generally, and I think one of the things that we need to be aware of is, even before this pandemic hit, that organisations and leaders have been challenged by having to deal with a volatile, uncertain and complex and ambiguous world."
Vivek is an Associate Professor of Strategy and the Academic Director of Executive MBA Programs at Melbourne Business School. He spoke with Yasmin Rupesinghe in the latest episode of the Melbourne Business School Podcast on what leadership will mean moving forward in a post-COVID world.
Why choosing ethical products gives us a self-esteem boost
Ethical purchases are not entirely altruistic, they provide value to the consumer in the form of a self-esteem boost, says Jill Klein, Professor of Marketing at Melbourne Business School.
"One piece of advice that I would have for consumers is don't feel bad that it makes you feel good to buy an ethical product and that making yourself feel good is one of your motivations," Professor Klein says.
"If what makes you feel good is helping someone else, that suggests you're an altruistic person and you should be proud of that and if it gives you a boost of self-esteem."
Jill's latest research looks at how products that are marketed with a social benefit can increase the chance of customers buying them because of the self-esteem boost they get from ethical purchases.
She spoke with Yasmin Rupesinghe in the latest episode of the Melbourne Business School Podcast.
Why a culture of care is replacing traditional leadership
With the dramatic changes to organisational life in recent years, the idea that leaders need to have all the answers is no longer the case, says Amanda Sinclair.
Find out why in this latest episode of the Melbourne Business School podcast.
The danger of 'option wealth' biasing CEO decision-making
When CEOs have a lot to lose from a fall in their company's share price, they may be tempted to make adverse decisions, says Professor of Business Strategy Geoff Martin.
Professor Martin's research focuses on strategic decision-making by CEOs and the effect their decisions can have on organisations and the community. In the latest Melbourne Business School Podcast, he speaks with Yasmin Rupesinghe about his work in the area of product recalls.
Professor Martin teaches Business Strategy, Corporate Strategy and the Social Entrepreneurs units on our MBA programs. Visit his faculty profile for more information.
Yasmin is a Program Manager on our Executive MBA and Senior Executive MBA programs, and a radio presenter for PBS FM.
Find out more at mbs.edu
Why business leaders should be planning for the next COVID-19
The next seismic crisis is only a matter of time, but smart business leaders can prepare for it, says Professor Glenn Hoetker.
Professor Hoetker is the MBS Foundation Chair of Sustainability and Business and Director of the Centre for Sustainability and Business. In the latest Melbourne Business School Podcast, he speaks with Yasmin Rupesinghe on how businesses are coping with the current COVID-19 crisis and what they can do to better prepare for the next economic disaster down the road.
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Great podcasts that are well worth my time listening to
Great podcast series by some of the best professors at Melbourne Business School. My favourite is Sam Wylie's talk on bubbles in housing prices. The others are great too. Looking forward to listening to more of your podcasts in future