The Strategy Skills Podcast: Strategy | Leadership | Critical Thinking | Problem-Solving

FirmsConsulting.com & StrategyTraining.com

CEOs and business leaders, management consulting senior partners, ground-breaking professors, thought-provoking writers and journalists, record-setting athletes and coaches, and award-winning actors and celebrities discuss the key issues facing the business world and broader society. Get free access to our newsletter, Monday Morning at 8 am, along with sample episodes from our training programs on www.strategytraining.com. Go to https://www.firmsconsulting.com/promo.

  1. 2D AGO

    627: How Overworked Leaders Can Find Peace Again (with Dr. Guy Winch)

    Dr. Guy Winch explains why we must treat emotional injuries with the same urgency as physical ones. "We ruminate, we beat ourselves up, we criticize ourselves, we think we're weak… and we end up compounding the emotional injury." He introduces the idea of "emotional first aid" and why we need a psychological toolbox to stop that downward spiral. Guy breaks down the difference between how we respond to physical pain versus emotional pain. "We go to the medicine cabinet for a physical injury, but we have no cabinet for emotional injuries." He explains why we must learn emotional hygiene: "The injuries don't just go away." We also discuss how emotional neglect works and the long-term consequences of unacknowledged wounds. "The mind does not heal itself. The mind broods." Finally, Guy offers a new model for how to respond when people open up to you emotionally. "Start with compassion. You can offer logic later." Key Insights: Insight 1: "We ruminate, we beat ourselves up, we criticize ourselves, we think we're weak… and we end up compounding the emotional injury." This explains why emotional pain often intensifies over time without care — because we engage in harmful self-dialogue instead of healing practices. Insight 2: "The mind does not heal itself. The mind broods." Guy challenges the myth that emotional wounds naturally heal. Without intervention, the mind tends to replay and deepen the pain. Insight 3: "We go to the medicine cabinet for a physical injury, but we have no cabinet for emotional injuries." He contrasts our well-established responses to physical pain with the absence of tools for emotional distress — and why this gap needs to be closed. Insight 4: "Emotional hygiene is about treating those injuries when they occur and trying to prevent them in the first place." He introduces emotional hygiene as a proactive and reactive strategy, just like physical hygiene protects against illness and injury. Insight 5: "Start with compassion. You can offer logic later." This is a clear framework for responding to others in distress — showing why empathy should precede problem-solving. Action Items: "Start with compassion. You can offer logic later." Use this sequence when someone shares emotional pain. "The first step is to recognize the injury for what it is." Acknowledge when you've been emotionally hurt. Label it. "Would I say this to a friend? If the answer is no, then don't say it to yourself." A reframe technique to interrupt self-criticism. "You don't take one antibiotic and stop. You have to do the course. It's the same with emotional first aid." Practice emotional tools consistently, not just once. "Rumination is like a psychological infection. And so what you need to do is stop the infection from spreading." Interrupt rumination cycles early. "You have to override your own instinct." Emotionally healthy responses often require pushing against our natural urges to withdraw or self-blame. Get Mind Over Grind, here: https://tinyurl.com/49mshdmv Claim your free gift: Free gift #1 McKinsey & BCG winning resume www.FIRMSconsulting.com/resumePDF Free gift #2 Breakthrough Decisions Guide with 25 AI Prompts www.FIRMSconsulting.com/decisions Free gift #3 Five Reasons Why People Ignore Somebody www.FIRMSconsulting.com/owntheroom Free gift #4 Access episode 1 from Build a Consulting Firm, Level 1 www.FIRMSconsulting.com/build Free gift #5 The Overall Approach used in well-managed strategy studies www.FIRMSconsulting.com/OverallApproach Free gift #6 Get a copy of Nine Leaders in Action, a book we co-authored with some of our clients: www.FIRMSconsulting.com/gift

    52 min
  2. 4D AGO

    626: BCG Henderson Institute Senior Director Adam Job on Growth and Strategy in Uncertain Times

    Adam Job, Senior Director at the BCG Institute and leader of its strategy research, offers a clear-eyed examination of growth, uncertainty, and value creation in today's business environment. Drawing on long-term empirical research, he explains why growth remains the primary driver of value over time, while also outlining why it has become structurally harder to achieve amid geopolitical tension, demographic shifts, affordability pressures, and changing political priorities. The discussion moves beyond slogans and focuses on decision-making under uncertainty. Job explains that politically driven risk differs from other forms of uncertainty because corporate responses can amplify consequences, both economically and reputationally. He introduces a small set of strategic postures, making a bet, defending the core, waiting while preparing contingencies, or building a portfolio of options, and explains when each is appropriate. Key insights from the conversation include: Over long horizons, roughly three-quarters of total shareholder returns are driven by growth, making it essential not only for valuation but also for talent attraction, innovation, and organizational morale. Many executives systematically underinvest during uncertain periods, even though research shows that companies making selective big bets during uncertainty often outperform peers who pull back. Political risk is uniquely reactive: corporate actions can escalate or de-escalate outcomes, requiring leaders to distinguish carefully between short-term noise and durable structural shifts. AI can expand the range of ideas and speed of experimentation, but growth depends on disciplined selection, testing, and scaling, not idea generation alone. When growth is not available, some firms can still create value through asset-light models, premium positioning, vertical integration, or reducing earnings volatility, though these paths are limited and not permanent substitutes for growth. Job also addresses the cultural and organizational conditions that enable prudent risk-taking, including leadership signaling, incentive design, preparedness through scenario planning, and mechanisms that counter herd behavior. He emphasizes that resisting the instinct to retreat during uncertainty often requires deliberate structure, not individual courage alone. For senior leaders navigating volatility, this episode provides a grounded framework for thinking about growth, risk, and value creation without exaggeration or false certainty. It offers practical guidance on when to act, when to wait, and how to preserve strategic agency in environments where the future is unclear. Claim your free gift: Free gift #1 McKinsey & BCG winning resume www.FIRMSconsulting.com/resumePDF Free gift #2 Breakthrough Decisions Guide with 25 AI Prompts www.FIRMSconsulting.com/decisions Free gift #3 Five Reasons Why People Ignore Somebody www.FIRMSconsulting.com/owntheroom Free gift #4 Access episode 1 from Build a Consulting Firm, Level 1 www.FIRMSconsulting.com/build Free gift #5 The Overall Approach used in well-managed strategy studies www.FIRMSconsulting.com/OverallApproach Free gift #6 Get a copy of Nine Leaders in Action, a book we co-authored with some of our clients: www.FIRMSconsulting.com/gift

    56 min
  3. FEB 4

    625: New York Times Bestselling Author and Navy Seal Advisor Daniel Coyle on Leadership, Psychological Safety, and Flourishing Teams

    Daniel Coyle, New York Times bestselling author of The Culture Code and adviser to organizations ranging from Navy SEALs to global technology companies, joins the Strategy Skills Podcast to explore what truly drives leadership, performance, and flourishing. Drawing on decades of research into elite performers and high-functioning cultures, Coyle explains why performance alone is not enough, and why many highly successful people still experience emptiness and burnout. He shares pivotal moments from his work observing leaders, including a defining insight from a Navy SEAL commander who described the four most important words a leader can say: "I screwed that up." The conversation challenges conventional thinking about leadership, power, and problem-solving. Coyle distinguishes between complicated problems that can be solved with instructions and complex problems that require experimentation, learning, and trust. Through examples ranging from kindergarten classrooms to professional sports teams and Pixar's creative process, he shows how psychological safety, vulnerability, and group flow enable people to add up to more than the sum of their parts. The episode also moves beyond the workplace to examine what it means to flourish in a world that is accelerating, fragmenting, and increasingly uncertain. Coyle discusses attention, meaning, community, and the small practices that help individuals and groups create energy, connection, and resilience over time. Key Insights 1. Leadership begins with vulnerability "The four most important words a leader can say… 'I screwed that up.'" Coyle explains that the best leaders are not those who appear flawless, but those who openly acknowledge mistakes. This signal of vulnerability creates trust and invites others to contribute honestly, allowing groups to solve problems together rather than hiding behind certainty. 2. Psychological safety outperforms raw intelligence "The kindergartners outperform the CEOs… not because they're smarter, but because they're safer." In group problem-solving tasks, children succeed because they are unafraid to try, fail, and adjust. Adults, constrained by status and fear of judgment, slow themselves down. Safety enables experimentation and learning. 3. Most leadership failures confuse complex with complicated "Complex problems are alive. They change when you do something to them." Coyle draws a sharp distinction between problems that follow instructions and those that evolve as you interact with them. Treating living systems like mechanical ones leads to brittle strategies and disappointment. 4. Experimentation beats planning in complex systems "Try something, observe what happens, learn from that, and then try something else." For complex challenges, progress comes from testing, learning, and adjusting rather than executing a fixed plan. This mindset mirrors how high-performing teams actually work. 5. Leadership is about creating energy, not pushing information "A lot of times we think of business problems as knowledge problems, when in fact they're energy problems." Coyle emphasizes that change fails when leaders try to impose best practices. Momentum emerges when people are invited into shared questions and feel ownership of the work. 6. Group flow requires clear goals and freedom "You have to have a shared horizon… autonomy… and ownership." High-performing teams operate like a pickup basketball game: everyone knows the goal, operates within guardrails, and has freedom to act. These conditions allow flow to emerge naturally. 7. Meaning is created through connection, not information "Meaning is not about delivering information. It's about resonance and connection." Coyle shows that meaning arises when people share stories, vulnerability, and purpose—often through simple but deep questions—rather than through data or instructions. 8. Attention determines whether life feels alive or hollow "If you're all in the narrow, life gets really thin." Flourishing individuals and cultures balance focused, controlling attention with open, connective attention. Too much of either leads to stagnation or chaos. 9. Community is something you practice, not consume "Community isn't a noun. It's a verb." Whether in organizations or neighborhoods, community forms through shared projects, constraints, and contribution—not passive belonging. Get Daniel's book, Flourish, here: https://shorturl.at/oICpY Claim your free gift: Free gift #1 McKinsey & BCG winning resume www.FIRMSconsulting.com/resumePDF Free gift #2 Breakthrough Decisions Guide with 25 AI Prompts www.FIRMSconsulting.com/decisions Free gift #3 Five Reasons Why People Ignore Somebody www.FIRMSconsulting.com/owntheroom Free gift #4 Access episode 1 from Build a Consulting Firm, Level 1 www.FIRMSconsulting.com/build Free gift #5 The Overall Approach used in well-managed strategy studies www.FIRMSconsulting.com/OverallApproach Free gift #6 Get a copy of Nine Leaders in Action, a book we co-authored with some of our clients: www.FIRMSconsulting.com/gift

    55 min
  4. FEB 2

    624: From IQ to AQ: Agility as the New Leadership Advantage (with Liz Tran)

    Liz Tran, former venture capital executive and author of AQ, examines why agility—not raw intelligence or experience—has become the defining capability for leaders operating amid persistent uncertainty. She introduces Agility Quotient (AQ) as the capacity to adapt thinking, identity, and decision-making when familiar structures no longer apply. Tran explains how traditional markers of success, from credentials to past wins, can quietly become liabilities when environments shift. She describes how the pandemic, rapid AI adoption, and labor volatility exposed a gap between competence in stable conditions and effectiveness under change. Agility, in her view, is not a personality trait but a practiced discipline. Key insights from the discussion include: Why leaders who anchor identity too tightly to past success struggle most when conditions change, and how agility begins with loosening that attachment. How burnout often reflects a loss of agency rather than excessive workload, and why articulating a future-facing personal strategy restores momentum. What recent layoff patterns reveal about how organizations are selecting for adaptability rather than tenure or historical performance. How a shift from a "know-it-all" posture to a "learn-it-all" posture improves judgment, learning speed, and organizational resilience. Why confidence is built through repeated cycles of disruption and recovery, not through mastery alone. How leaders can use AI as leverage without eroding core human capabilities such as critical thinking, synthesis, and judgment. Tran also reflects on how early beliefs shape leadership behavior long after circumstances change, and why agility requires examining those assumptions rather than optimizing around them. She argues that reinvention is not episodic but continuous, and that career durability now depends on the ability to operate without fixed reference points. This episode offers a practical framework for executives seeking relevance and steadiness in volatile environments, positioning agility quotient as a core leadership capability for the next decade. Get Liz's book, AQ, here: https://shorturl.at/o8fGu AQ: A New Kind of Intelligence for a World That's Always Changing Claim your free gift: Free gift #1 McKinsey & BCG winning resume www.FIRMSconsulting.com/resumePDF Free gift #2 Breakthrough Decisions Guide with 25 AI Prompts www.FIRMSconsulting.com/decisions Free gift #3 Five Reasons Why People Ignore Somebody www.FIRMSconsulting.com/owntheroom Free gift #4 Access episode 1 from Build a Consulting Firm, Level 1 www.FIRMSconsulting.com/build Free gift #5 The Overall Approach used in well-managed strategy studies www.FIRMSconsulting.com/OverallApproach Free gift #6 Get a copy of Nine Leaders in Action, a book we co-authored with some of our clients: www.FIRMSconsulting.com/gift

    56 min
  5. JAN 28

    623: Bain's Rishi Dave, the Secret of Top Sellers (Strategy Skills classics)

    In this episode with Rishi Dave, a partner in Bain's Commercial Excellence practice with deep expertise in B2B marketing and digital marketing, he explains the concept of a "Day 1 List" in B2B sales and marketing and the three things that will get a supplier or seller on the list. Rishi also discussed what a "sales play" is, how to build it, institutionalize the knowledge within the company, and get the sales team to adopt the sales play to fulfill their potential and increase their productivity and sales. Rishi Dave partners with CMOs and management teams to drive marketing transformations and build modern marketing capabilities. He serves as an expert on the implementation of Bain's B2B Marketing Diagnostic and Sales Play System. Rishi has held global CMO roles at public technology and cloud companies, including Dun & Bradstreet, Vonage, and MongoDB. Prior to these roles, he served as the global head of digital marketing for Dell's B2B businesses. Rishi started his career at Bain & Company. As a marketing executive, Rishi has built world-class marketing organizations and capabilities that have driven top-line growth leveraging the right marketing technology, data, analytics and content strategy. Rishi has driven major brand and messaging transformations, reimagined digital customer experiences, and built and scaled go-to market models. Rishi earned an MBA in Marketing from The Wharton School at the University of Pennsylvania as well as a BS in Chemical Engineering and an AB in Economics with Honors from Stanford University.    Claim your free gift: Free gift #1 McKinsey & BCG winning resume www.FIRMSconsulting.com/resumePDF Free gift #2 Breakthrough Decisions Guide with 25 AI Prompts www.FIRMSconsulting.com/decisions Free gift #3 Five Reasons Why People Ignore Somebody www.FIRMSconsulting.com/owntheroom Free gift #4 Access episode 1 from Build a Consulting Firm, Level 1 www.FIRMSconsulting.com/build Free gift #5 The Overall Approach used in well-managed strategy studies www.FIRMSconsulting.com/OverallApproach Free gift #6 Get a copy of Nine Leaders in Action, a book we co-authored with some of our clients: www.FIRMSconsulting.com/gift

    56 min
  6. JAN 26

    622: Leadership and Self-Deception with Arbinger Managing Partner, Mitch Warner (Strategy Skills classics)

    In this episode, we dive deep into the critical topic of self-deception and its profound impact on leadership and personal effectiveness. Mitch shares powerful insights on how self-deception can undermine our relationships and professional success, often without us even realizing it. He explains the concept of self-betrayal and how it leads to a distorted view of ourselves and others, creating unnecessary conflicts and reducing our influence as leaders. Mitch shares a valuable advice on how to rebuild trust in relationships damaged by self-deception and how to not let it happen again.   Mitch is the co-author of Arbinger's latest bestseller, The Outward Mindset. He writes frequently on the practical effects of mindset at the individual and organizational levels as well as the role of leadership in transforming organizational culture and results. He is an expert on mindset and culture change, leadership, strategy, performance management, organizational turnaround, and conflict resolution.    Mitch is a sought-after speaker to organizations across a range of industries, bringing his practical experience to bear for leaders of corporations, governments, and organizations across the globe. Specific clients include NASA, Citrix, Aflac, the U.S. Army and Air Force, the Treasury Executive Institute, and Intermountain Healthcare. Mitch carries his first-hand perspective as a proven leader into his speeches and facilitation, dynamically bringing Arbinger's concepts and tools to life through his powerful stories and hands-on experience. His audiences leave inspired to improve and equipped with a practical roadmap to effect immediate change.    In his role as managing partner, Mitch directs the development of Arbinger's intellectual property, training and consulting programs, and highly customized large-scale organizational change initiatives. He has been instrumental in Arbinger's rapid growth, including its expanding international presence in nearly 30 countries.    Mitch received his B.A. in philosophy and is a licensed nursing administrator. Trained in fine art at the Art Students League and the National Academy, he spends much of his free time painting. His work hangs in organizations nationwide.   Visit Arbinger Institute here: https://arbinger.com/   Here are some free gifts for you: Overall Approach Used in Well-Managed Strategy Studies free download: www.firmsconsulting.com/OverallApproach   McKinsey & BCG winning resume free download: www.firmsconsulting.com/resumepdf   Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo

    57 min
  7. JAN 21

    621: Business Longevity Principles from Immigrant Entrepreneurs (with University of Oxford's Neri Karra Sillaman)

    Neri Karra Sillaman, entrepreneurship advisor at the University of Oxford and author of Pioneers: Eight Principles of Business Longevity from Immigrant Entrepreneurs, discusses why immigrant-founded companies are disproportionately successful and tend to last longer than their counterparts. Drawing on her experience as a former child refugee and on research that began with her PhD, she explains how longevity is built through clear vision, perseverance, community, shared value, and disciplined decision-making. She begins with the formative role of vision. At age eleven, while living in a refugee camp, education became her "north star." That clarity helped her interpret rejection not as failure but as "not yet," a mindset she later observed repeatedly among immigrant entrepreneurs. Clear intent, she argues, allows setbacks to redirect effort rather than extinguish it. The conversation then turns to the principles she identified through interviews with immigrant founders of companies such as Chobani, Duolingo, WhatsApp, and Calendly. These include treating rejection as the beginning of negotiation, building community as a core operating system rather than a marketing tactic, and prioritizing shared value before profit. She emphasizes that many founders focus first on contributing to customers, suppliers, and local communities, with financial results following from that orientation. Sillaman also explains how history and heritage function as assets rather than liabilities. Rather than discarding their past, immigrant entrepreneurs draw on cultural memory and lived experience to shape vision and execution in the present. This integration of past, present, and future becomes central to how long-lived businesses are built. Another recurring theme is luck. She notes that founders consistently describe themselves as "lucky," but defines luck not as chance, but as a capability: being prepared enough to recognize opportunity and willing to act decisively when it appears. The discussion also addresses technology and AI. As tools become more powerful, she argues, human creativity, judgment, and connection become more important, not less. She suggests that imperfections and visible signs of human authorship may increasingly signal authenticity in an automated environment. Throughout the episode, Sillaman challenges dominant models of ego-centered leadership. She contrasts short-lived, personality-driven leadership with approaches that place attention on the work, the community served, and the legacy left behind. Longevity, she concludes, depends not only on how businesses grow, but on how they treat people and define the value they exist to create. Get Neri's book, Pioneers, here: https://tinyurl.com/3bnx7nyc Claim your free gift: Free gift #1 McKinsey & BCG winning resume www.FIRMSconsulting.com/resumePDF Free gift #2 Breakthrough Decisions Guide with 25 AI Prompts www.FIRMSconsulting.com/decisions Free gift #3 Five Reasons Why People Ignore Somebody www.FIRMSconsulting.com/owntheroom Free gift #4 Access episode 1 from Build a Consulting Firm, Level 1 www.FIRMSconsulting.com/build Free gift #5 The Overall Approach used in well-managed strategy studies www.FIRMSconsulting.com/OverallApproach Free gift #6 Get a copy of Nine Leaders in Acton, a book we co-authored with some of our clients: www.FIRMSconsulting.com/gift

    43 min
  8. JAN 19

    620: Former McKinsey partner on How to Turn a Profit and Improve Lives in the World's Toughest Places (Strategy Skills classics)

    This episode examines what happens when strategy is applied in environments where institutional stability, reliable data, and conventional partners cannot be assumed. Former McKinsey partner and University of Notre Dame Professor Emerita Viva Ona Bartkus draws on decades of experience across management consulting, academic research, and frontline fieldwork in conflict-affected regions to explain why many standard strategy doctrines collapse outside developed markets. Bartkus reflects on her path through McKinsey, including what truly determines advancement inside elite professional services firms. She argues that early career performance is less about isolated brilliance and more about establishing trust, judgment, and reliability in the first months, when reputations are formed and remembered long after individual mistakes are forgiven. The conversation then turns to "frontline environments," defined as regions typically far from international hubs, under-invested, and operating with weak formal institutions. Bartkus outlines why these areas, often ignored during recent decades of globalization, represent substantial economic opportunity when approached with rigor rather than optimism. She explains why traditional international expansion models, particularly reliance on single local partners, can introduce severe strategic and ethical risk. Using concrete examples from Lebanon, West Africa, and rural Colombia, she details how broad-based partnerships, careful sequencing of investment, and disciplined listening are prerequisites for sustainable commercial activity. The discussion also addresses failure directly. Bartkus notes that more than half of frontline initiatives do not meet their objectives and explains how those failures sharpened her views on data verification, assumption testing, and understanding local motivations rather than projecting external logic. The episode concludes with a broader argument on the role of business in post-conflict recovery. Aid and humanitarian efforts matter, but without durable economic activity and the dignity of work, recovery stalls. For senior leaders, investors, and strategists, this conversation offers a sober, experience-driven view of what strategy requires when conditions are uncertain and stakes are real. Viva Ona Bartkus is Paul E. Purcell Associate Professor at the University of Notre Dame's Mendoza College of Business. She is a former partner at McKinsey & Company and the founder of the revolutionary course Business on the Frontlines.   Get Business on the Edge here: https://rb.gy/a505d2   Here are some free gifts for you: Overall Approach Used in Well-Managed Strategy Studies free download: www.firmsconsulting.com/OverallApproach   McKinsey & BCG winning resume free download: www.firmsconsulting.com/resumepdf   Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo

    50 min
4.5
out of 5
104 Ratings

About

CEOs and business leaders, management consulting senior partners, ground-breaking professors, thought-provoking writers and journalists, record-setting athletes and coaches, and award-winning actors and celebrities discuss the key issues facing the business world and broader society. Get free access to our newsletter, Monday Morning at 8 am, along with sample episodes from our training programs on www.strategytraining.com. Go to https://www.firmsconsulting.com/promo.

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