The Brainy Business | Understanding the Psychology of Why People Buy | Behavioral Economics

551. The Power Trap: Understanding How Leadership Shapes Our Minds


Listen Later

In this episode of The Brainy Business podcast, Melina Palmer engages in a thought-provoking discussion with Nick Kinley, author of The Power Trap. They explore the profound effects of power on leadership, exploring how it can alter decision-making, amplify personal traits, and impact organizational dynamics. Nick, a psychologist and leadership expert, shares insights from his extensive career, including his experiences in forensic psychotherapy and corporate leadership roles.

Listeners will learn about the six common effects of power that can change individuals in leadership positions, including increased impulsivity, reduced empathy, and the amplification of internal biases. Nick emphasizes the importance of accountability, challenging the notion that power corrupts, and instead highlighting that it is the fear of losing power that often leads to poor choices. This episode serves as a crucial reminder for leaders to remain aware of how power influences their behavior and decision-making processes.

In this episode:

  • Discover how power can change our thinking and behavior in leadership roles.
  • Explore the six common effects of power and their implications for decision-making.
  • Learn practical strategies for mitigating the negative impacts of power on leaders and organizations.
  • Understand the importance of accountability in leadership and the role of personal traits.
  • Reflect on how to create a culture of open communication and feedback within teams.

Get important links, top recommended books and episodes, and a full transcript at thebrainybusiness.com/551.

Looking to explore applications of behavioral economics further?

  • Learn With Us on our website.
  • Subscribe to Melina's Newsletter Brainy Bites.

Let's connect:

  • Send Us a Message
  • Follow Melina on LinkedIn
  • The Brainy Business on Youtube
  • The Brainy Business on Instagram
...more
View all episodesView all episodes
Download on the App Store

The Brainy Business | Understanding the Psychology of Why People Buy | Behavioral EconomicsBy Melina Palmer

  • 4.7
  • 4.7
  • 4.7
  • 4.7
  • 4.7

4.7

176 ratings


More shows like The Brainy Business | Understanding the Psychology of Why People Buy | Behavioral Economics

View all
The Knowledge Project by Shane Parrish

The Knowledge Project

2,679 Listeners

Social Media Marketing Podcast by Michael Stelzner, Social Media Examiner

Social Media Marketing Podcast

1,439 Listeners

The Amy Porterfield Show by Amy Porterfield

The Amy Porterfield Show

4,598 Listeners

The Side Hustle Show by Nick Loper of Side Hustle Nation | YAP Media

The Side Hustle Show

1,590 Listeners

The StoryBrand Podcast by StoryBrand.com

The StoryBrand Podcast

1,929 Listeners

How I Built This with Guy Raz by Guy Raz | Wondery

How I Built This with Guy Raz

30,238 Listeners

Marketing School - Digital Marketing and Online Marketing Tips by Eric Siu and Neil Patel

Marketing School - Digital Marketing and Online Marketing Tips

1,260 Listeners

Masters of Scale by WaitWhat

Masters of Scale

3,987 Listeners

Worklife with Adam Grant by TED

Worklife with Adam Grant

9,156 Listeners

Nudge by Phill Agnew

Nudge

181 Listeners

The Marketing Millennials by Daniel Murray

The Marketing Millennials

156 Listeners

ReThinking by TED

ReThinking

619 Listeners

Marketing Made Simple by StoryBrand.com

Marketing Made Simple

288 Listeners

Marketing Against The Grain by Hubspot Media

Marketing Against The Grain

358 Listeners

AI Explored by Michael Stelzner, Social Media Examiner—AI marketing

AI Explored

87 Listeners