85 episodes

Psych in Business is a podcast that explores the integration of psychology into the world of business. Each episode, we interview experts in business and psychology, to learn about how psychological principles are being applied in business and organizations. We discuss topics such as human behavior, leadership, communication, change management and teamwork. We also talk about the latest research in psychology and how it can be used to help you get the best out of your people.
Whether you're an entrepreneur, a business leader, manager, or employee, Psych in Business can help you understand how to leverage psychological principles in your business and use it to your advantage. So, if you're interested in learning more about how psychology can help you succeed in business, then subscribe to Psych in Business today!

Psych in Business Ernest Wayde

    • Science

Psych in Business is a podcast that explores the integration of psychology into the world of business. Each episode, we interview experts in business and psychology, to learn about how psychological principles are being applied in business and organizations. We discuss topics such as human behavior, leadership, communication, change management and teamwork. We also talk about the latest research in psychology and how it can be used to help you get the best out of your people.
Whether you're an entrepreneur, a business leader, manager, or employee, Psych in Business can help you understand how to leverage psychological principles in your business and use it to your advantage. So, if you're interested in learning more about how psychology can help you succeed in business, then subscribe to Psych in Business today!

    Employee Development: The Overlooked Leadership Skill

    Employee Development: The Overlooked Leadership Skill

    In this episode of the Psych in Business podcast, Dr. Ernest Wayde delves into the often-overlooked but critical aspect of leadership: employee development. Dr. Wayde begins by emphasizing the significance of focusing on team members' growth and professional enhancement within organizations.
    He acknowledges the plethora of leadership skills that are helpful, but narrows down the discussion to the fundamental importance of fostering employee development.
    Throughout the episode, Dr. Wayde elaborates on why leaders should prioritize employee development, citing its direct impact on individual performance and, consequently, organizational success. He emphasizes the role of leaders in shaping the employee experience and outlines various aspects of effective employee development:
    Modeling appropriate behavior and setting expectationsFacilitating open communication and providing regular feedbackCollaborating with employees to define goals and create development plansOffering coaching and support tailored to individual needsDelegating tasks and empowering employees with responsibilityAllocating time for dedicated development efforts
    Dr. Wayde emphasizes the significance of leaders in guiding employees through their professional growth journey. He stresses the importance of providing resources and support to ensure employees are ready for increased responsibilities.
    In conclusion, Dr. Wayde reiterates the symbiotic relationship between employee development and organizational success, emphasizing that when employees thrive, so does the organization.
    He encourages leaders to recognize and embrace their role in facilitating employee development, ultimately contributing to collective growth and prosperity.
    Listeners are invited to reflect on the insights shared and encouraged to join future discussions on the Psych in Business podcast.
    You can visit his business website at: https://www.waydeconsulting.com/

    • 8 min
    Discovering the Importance of Learning and Agility for Leaders with Dr. Ginevra Drinka

    Discovering the Importance of Learning and Agility for Leaders with Dr. Ginevra Drinka

    In this episode of the Psych in Business podcast, host Dr. Ernest Wayde welcomes Dr. Gineva Drinka, a coach and senior leader at Victoria's Secret and Company, with over a decade of consulting experience. Dr. Drinka shares insights into her journey, influenced by her upbringing in a family of mental health professionals, leading her to apply psychological principles to business and human performance.
    As Dr. Drinka discusses her role at Victoria's Secret and Company, she emphasizes the importance of talent assessment strategy, particularly in areas like succession planning and leadership development. She highlights the significance of utilizing various assessments, such as cognitive ability tests and personality assessments, to evaluate potential leaders effectively.
    Dr. Drinka shares her research findings on learning agility and team performance, emphasizing the correlation between leaders' growth mindsets, coaching behaviors, and creating psychologically safe environments for subordinates to enhance performance.
    The conversation delves into the differences between leadership in startups and larger organizations, considering cultural nuances and the necessity for adaptability. Dr. Drinka underscores the value of active listening in leadership, urging leaders to trust expert data and foster open communication within their organizations.
    You can visit her business website at: https://www.ginevradrinka.com/

    • 24 min
    Understanding the T7 Model of Team Effectiveness

    Understanding the T7 Model of Team Effectiveness

    In this episode of the Psych in Business podcast, host Dr. Ernest Wayde delves into the Korn Ferry T7 model of team effectiveness, shedding light on its internal and external facets. Drawing parallels to the Hackman model, Dr. Wayde outlines the T7 model's comprehensive approach to enhancing team performance.
    The T7 model emphasizes five internal factors crucial for team success: thrust, trust, talent, teaming skills, and task skills. Dr. Wayde breaks down each factor, elucidating their significance in fostering a cohesive and high-performing team environment. From establishing a common purpose to nurturing individual and collective talents, the T7 model offers actionable insights into optimizing team dynamics.
    Furthermore, Dr. Wayde explores the model's two external factors: team leadership fit and team support from the organization. Highlighting the pivotal role of leadership in fostering trust and facilitating effective teamwork, he underscores the importance of organizational support in providing resources and flexibility for teams to thrive.
    While acknowledging potential overlaps among internal facets, Dr. Wayde emphasizes the interconnectedness of these elements in driving overall team effectiveness. Through a nuanced discussion, he provides listeners with a deeper understanding of how the T7 model can be applied to enhance team performance within organizational settings.
    As Dr. Wayde concludes, he invites listeners to consider the T7 model as a valuable framework for assessing and improving team dynamics. With its emphasis on both internal and external factors, the T7 model offers a holistic approach to maximizing team effectiveness in diverse business environments.  
    You can visit his business website at: https://www.waydeconsulting.com/

    • 8 min
    Navigating Leadership in a Virtual World with Dr. Ali O' Malley

    Navigating Leadership in a Virtual World with Dr. Ali O' Malley

    In this episode of the Psych in Business podcast, host Dr. Ernest Wayde welcomes Dr. Ali O' Malley, an expert in leadership and team effectiveness. With over 20 years of experience in partnering with senior leaders across various industries, Dr. O' Malley sheds light on the nuances of leadership in today's virtual environment.
    Dr. O' Malley's journey from academia to corporate roles at John Deere and Better Up provides a unique perspective on digital transformation and the importance of adapting leadership approaches. As the founder of Reflexion Group, she emphasizes the significance of virtual leadership coaching, especially in the current remote work landscape.
    Throughout the discussion, Dr. O' Malley emphasizes the value of reflection in leadership development, advocating for leaders to pause, reflect, and strategize for peak performance. She highlights evidence-based coaching as a crucial aspect of her practice, emphasizing the need for well-directed efforts in behavior change.
    In the virtual environment, Dr. O' Malley stresses the importance of leaders understanding and utilizing digital tools effectively. Trust emerges as a key theme, with leaders encouraged to trust their teams and foster environments where feedback and communication thrive.
    Drawing from her background in industrial-organizational psychology, Dr. O' Malley discusses the complexities of predicting turnover and the significance of understanding employees' holistic experiences. She emphasizes the importance of feedback rituals for continuous improvement and peak performance.  
    To connect with Dr. O' Malley and continue the conversation, listeners are encouraged to reach out via LinkedIn or email. The episode concludes with a valuable tip for starting the workday with focused intention, setting the stage for productivity and success.
    Join Dr. Wayde and Dr. O' Malley as they explore the evolving landscape of leadership in today's virtual world, offering insights and strategies for leaders to thrive amidst ongoing change.
    You can visit her business website at: https://www.reflexion-group.com/

    • 27 min
    Understanding the Domino Effect of Organizational Change on Employees

    Understanding the Domino Effect of Organizational Change on Employees

    In this episode of the Psych in Business podcast, host, Dr. Ernest Wayde delves into the critical topic of change management and its profound impact on organizations and individuals. With insights drawn from renowned change experts and experiences from his own IT background, Dr. Wayde underscores the necessity for leaders to comprehend and navigate the complexities of change effectively.
    He emphasizes the importance of acknowledging the transition phase in change management, highlighting how neglecting this phase can lead to employee dissatisfaction and hinder organizational progress.
    Drawing from Prosci's research, Dr. Wayde emphasizes that organizations managing change effectively are six times more likely to meet their expectations. He elucidates the cascade effect of change, starting from its causes—such as market forces and technological advancements—to its impacts on organizational processes and employee behavior. He astutely points out how emotions like anxiety and resistance drive individuals' responses to change, often manifesting as passive-aggressive behavior or resistance.
    Using a hypothetical scenario of organizational restructuring, Dr. Wayde illustrates how employees' concerns and anxieties can arise from perceived threats to their relationships and compensation. He stresses the importance for leaders to understand these dynamics to effectively support their teams through change.
    In conclusion, Dr. Wayde emphasizes that grasping the interplay between the cause, impact, behavior, and emotion in the change process is crucial for leaders to guide their teams successfully. While acknowledging that change management is multifaceted, he suggests that understanding this cascade provides a solid foundation for leaders to initiate effective change management strategies.
    Listeners are encouraged to reflect on their own organizations' approach to change management and consider how they can better support their employees through periods of transition.
    You can visit his business website at: https://www.waydeconsulting.com/

    • 10 min
    Navigating Cross-Cultural Leadership with Scott

    Navigating Cross-Cultural Leadership with Scott

    In this episode of the Psych in Business podcast, hosted by Dr. Ernest Wayde, he delves into the intersection of psychology and business, spotlighting individuals like Scott, a seasoned leader in a missions organization overseas. Scott, along with his wife Katie, has spent 16 years abroad, primarily in the Middle East and Europe, serving communities and fostering cross-cultural teams.
    Their journey began with a deep sense of calling rooted in their faith, propelling them to offer people opportunities to explore different ways of life and spirituality. Scott emphasizes the importance of faith in guiding their decisions and actions, coupled with a commitment to authentic relationship-building and service.  
    Scott shares candidly about the challenges and rewards of living in diverse cultural settings, highlighting the significance of humility, adaptability, and self-awareness in navigating unfamiliar territories. He stresses the importance of understanding oneself and others, particularly in the face of inevitable failures and conflicts.
    As a leader, Scott emphasizes the value of teamwork and cultural competency in effectively managing diverse teams across different regions. He underscores the need for leaders to foster environments of trust, open communication, and mutual respect, essential elements regardless of the context.
    Throughout the conversation, Scott offers invaluable insights into the complexities of cross-cultural work, emphasizing the universal importance of empathy, grace, and resilience. His experiences underscore the fundamental truth that, despite cultural differences, people share common aspirations, struggles, and the need for connection.
    Dr. Wayde concludes the episode by reflecting on the broader implications of Scott's wisdom, urging listeners to approach cultural differences with humility and curiosity, recognizing the humanity and individuality of each person they encounter.

    • 30 min

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