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Psych in Business

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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!

Location:

United States

Description:

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!

Language:

English


Episodes
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Navigating Individual, Team and System Dynamics with Dr. Courtney Worley

6/4/2024
In this episode of the Psych in Business podcast, Dr. Ernest Wayde speaks with Dr. Courtney Worley and discusses her work as a training coordinator for the VA National Center for PTSD Training in Written Exposure Therapy. Dr. Worley provides consultation in cognitive process therapy and written exposure therapy to clinicians in diverse healthcare systems. Dr. Worley emphasizes the importance of considering individual, team, and system dynamics when implementing interventions. She shares examples of how she navigates cultural considerations and builds consensus among clinicians and leaders. Dr. Worley encourages leaders to stay curious and approach new ideas as experiments. Key takeaways include: You can visit her business website at: https://drworleyconsult.wordpress.com/

Duration:00:20:54

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Mastering Workplace Conflict and Turning Chaos into Collaboration With Dr. Ernest Wayde

5/31/2024
In this episode of the "Psych in Business" podcast, Dr. Ernest Wayde discusses the importance of effective conflict management in the workplace. He provides practical tips for new managers on how to handle conflicts within their team in a way that minimizes disruption and promotes a positive work environment. Dr. Wayde emphasizes the need for active listening, clear and respectful communication, and the importance of remaining objective during conflict resolution. He also highlights the value of understanding different perspectives and working towards compromise. Overall, this episode provides valuable insights and strategies for improving conflict management skills in the workplace. Key Takeaways include: You can visit his business website at: Wayde Consulting

Duration:00:09:32

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Four Dimensions of Leadership with Jamie Ramsden and Dr. Ernest Wayde

5/28/2024
In this episode of the Psych in Business podcast, Dr. Ernest Wayde interviews Jamie Ramsden, CEO of Adastra Leadership and author of Let's Go! How Great Leaders Shape the Future. They discuss Jamie's new leadership model, which focuses on four dimensions: The individual, the team, the context, and the mission. Jamie emphasizes the importance of being a role model, building a community, making sense of the context, and shaping the future. He highlights the need for leaders to understand themselves, understand their team members, and create a compelling vision for the future. The book, Let's Go!, provides concrete steps and actions for leaders to develop their leadership capabilities. Takeaways include: Leadership is about being a role model, building a community, making sense of the context, and shaping the future. Leaders need to understand themselves, understand their team members, and create a compelling vision for the future. Being a role model involves consistency and integrity, while being a community builder requires effective communication and a focus on others. Sense-making involves understanding the context and helping others understand it, through cognitive/social/emotional intelligence and learning orientation, while future shaping involves having a vision and a bias for action. Leaders should create space for self-reflection, seek feedback, and understand the motivations and capabilities of their team members. Leaders should embrace conflict as an opportunity for growth and understanding, and help their team members see different perspectives. Leaders should tell stories to make sense of the world and create a sense of purpose for their team. The book, Let's Go!, provides concrete steps and actions for leaders to develop their leadership capabilities. You can visit his business website at: www.adastraleadership.com And order his book, Let's Go! How Great Leaders Shape the Future at: Amazon UK: https://bit.ly/43zyJtH Amazon US: https://amzn.to/3IX9iZr Barnes & Noble: https://bit.ly/4a3odxf Waterstones: https://bit.ly/3PBg76D WH Smith: https://bit.ly/3TAtdlR

Duration:00:33:23

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Tips for Communicating with Your Team

5/24/2024
In this episode of the "Psych in Business" podcast, Dr. Ernest Wayde discusses the importance of effective communication in the workplace. He provides practical tips for new managers on how to communicate with their team in a way that helps them to listen and understand. Dr. Wayde emphasizes the need for clear, concise, and respectful communication, as well as the importance of maintaining control of emotions and inviting feedback. He also highlights the value of active listening and the role it plays in effective communication. Overall, this episode provides valuable insights and strategies for improving communication skills in the workplace. Takeaways include: Effective communication is essential for new managers to lead their team successfully. Clear, concise, and respectful communication helps others to listen and understand. Maintaining control of emotions and observing non-verbal cues are important for effective communication. Inviting feedback and actively listening to others' perspectives improves communication and understanding. Improving communication skills takes time and practice. You can visit his business website at: https://www.waydeconsulting.com/

Duration:00:05:40

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Bridging the Strategy-To-Action Gap with Dr. Thuy Boardman

5/21/2024
In this episode of the "Psych in Business" podcast, host Dr. Ernest Wayde interviews Dr. Thuy Boardman, an expert in helping leaders translate their strategic vision into impactful results. They discuss the importance of strategy in organizations and how leaders can bridge the gap between strategy and action. Dr. Boardman emphasizes the need for leaders to clearly articulate their vision, communicate priorities, and develop effective tactics for execution. Dr. Boardman also explains the role of employee feedback in strategic planning and the importance of managing power dynamics in the process. The episode concludes with a reminder for leaders to give themselves grace and prioritize their own well-being. Takeaways include: Leaders must clearly articulate their strategic vision and communicate priorities to their teams. Effective execution of strategy requires leaders to develop and communicate specific tactics. Incorporating employee feedback in strategic planning can lead to greater engagement and ownership. Leaders should be mindful of power dynamics and create a safe space for open communication. You can visit her business website at: https://www.boardmanconsultingllc.com/

Duration:00:31:24

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Practical Tips for Listening and Understanding in Your Workplace

5/17/2024
In this episode of the "Psych in Business" podcast, Dr. Ernest Wayde explores the practical application of psychology in the workplace, specifically focusing on the skill of active listening. He highlights the importance of truly understanding others by actively listening to them, rather than just hearing their words. Dr. Wayde provides practical tips for active listening, such as giving full attention, not interrupting, summarizing what you've heard, and trying to understand from the speaker's point of view. By developing active listening skills, individuals can improve communication, reduce misunderstandings, and enhance relationships in the workplace. Takeaways include Active listening is a skill that can be developed and mastered over time. To actively listen, give the speaker your full attention, avoid interruptions, summarize what you've heard, and try to understand from their perspective. Active listening improves communication, reduces misunderstandings, and enhances relationships in the workplace. Developing active listening skills takes practice and patience. You can visit his business website at: https://www.waydeconsulting.com/

Duration:00:09:00

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Unlocking Organizational Potential: Applying Psychology Across Industries with Dr. Lauren Catenacci

5/14/2024
In this episode of the "Psych in Business" podcast, host Dr. Ernest Wayde welcomes Dr. Lauren Catenacci , an experienced organizational psychologist and consultant. Dr. Catenacci shares insights into her journey, combining her passion for social psychology with her expertise in organizational effectiveness. Dr. Catenacci discusses her interest in applying psychological principles to diverse industries, particularly veterinary medicine. She emphasizes the challenges of introducing organizational psychology to unconventional sectors and highlights the importance of understanding and adapting to the unique needs of each client. Throughout the conversation, Dr. Catenacci elaborates on her approach to coaching and consulting, emphasizing the significance of blending scientific theory with practical application. She shares examples of tailoring interventions to meet the specific needs of small businesses, entrepreneurs, and solopreneurs, highlighting the value of establishing concrete goals and measuring progress. Furthermore, Dr. Catenacci underscores the importance of building a supportive community within the field of organizational psychology and encourages collaboration among practitioners to drive meaningful impact in business. In conclusion, Dr. Wayde and Dr. Catenacci offer valuable advice for organizations seeking to leverage the expertise of coaches and consultants, emphasizing the benefits of partnering with professionals in organizational psychology to navigate complex organizational dynamics effectively. Listeners are invited to connect with Dr. Catenacci on LinkedIn or through her website to explore opportunities for collaboration and consultation. The episode concludes with a reminder to embrace the value of organizational psychology and to seek support from knowledgeable professionals in the field. Don't miss out on the insightful discussion and practical tips shared in this engaging episode of the "Psych in Business" podcast! You can connect with her on: https://www.linkedin.com/in/laurencatenacci/

Duration:00:23:57

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Wrap Up of the Behaviors, Skills and Characteristics for Team Leadership Success

5/10/2024
In this episode of the Psych in Business podcast, host Dr. Ernest Wayde wraps up the discussion on critical team leadership characteristics, behaviors, and skills essential for fostering a thriving organizational culture. Building upon previous episodes, Dr. Wayde delves into seven foundational behaviors and skills that leaders must possess to effectively lead their teams. The episode begins with a reminder to listeners to review the previous episode covering team effectiveness models, setting the stage for a deeper exploration of leadership qualities. Dr. Wayde emphasizes the significance of influence, collaboration, empathy, adaptability, courage, change management, and employee development in shaping a leader's effectiveness. Drawing upon research and psychological principles, Dr. Wayde highlights the importance of influence in motivating team members, underlining the necessity for leaders to inspire and support behavioral change without resorting to authoritarian methods. He discusses collaboration as a catalyst for productivity, engagement, and innovation, emphasizing its reliance on emotional and social intelligence. Dr. Wayde underscores the role of empathy in fostering understanding and support, particularly in the face of global challenges such as the COVID-19 pandemic. Adaptability and courage are portrayed as indispensable traits for navigating uncertainty and driving organizational change. Dr. Wayde emphasizes the need for leaders to proactively manage change and support employees through transitions to mitigate negative impacts on morale and productivity. Furthermore, Dr. Wayde advocates for active involvement in employee development, citing its direct correlation with individual and organizational performance. He stresses the pivotal role leaders play in shaping the employee experience and underscores the mutual benefits of investing in professional growth. In conclusion, Dr. Wayde encourages leaders to prioritize the enhancement of these leadership qualities to positively impact team dynamics and organizational outcomes. By focusing on continuous improvement in areas such as influence, collaboration, empathy, and adaptability, leaders can cultivate a culture of excellence and empower their teams to thrive. You can visit his business website at: https://www.waydeconsulting.com/

Duration:00:09:46

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Navigating Psychology and Culture in Business with Dr. Karyn Edwards

5/7/2024
In this episode of the Psych in Business podcast, host Dr. Ernest Wayde welcomes Dr. Karyn Edwards, an expert coach, facilitator and speaker with a passion for supporting women in their career journeys. Dr. Edwards shares her personal journey, highlighting her struggles with learning disabilities and her subsequent career in corporate roles focused on talent and people development. The conversation delves into the challenges women face in the workplace, particularly regarding confidence and leadership. Dr. Edwards emphasizes the importance of empathy and understanding individual strengths and challenges. She introduces a framework for leadership success, focusing on competence, human competency, and accountability, tailored especially for women navigating career advancement. Dr. Edwards also addresses the intersection of psychology and the social environment in the workplace, citing examples of gender disparities such as interruptions in meetings and their impact on cognitive load and confidence. She discusses practical strategies for building confidence and fostering a supportive emotional culture within organizations. The conversation extends to Dr. Edwards' work with HR executives, emphasizing talent management and cultural understanding. She explains the significance of organizational culture, both cognitive and emotional, and its impact on engagement and innovation. Lastly, Dr. Edwards shares insights on facilitating effective team dynamics, encouraging leaders to listen more and speak last to create space for diverse perspectives and foster innovation. Listeners are encouraged to connect with Dr. Edwards on LinkedIn or visit her website, abloomconsulting.com, to learn more about her work and services. The episode concludes with a powerful tip for leaders: speak less and speak last, to empower others and drive organizational success. You can visit her business website at: https://abloomcoaching.com/

Duration:00:24:23

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Wrap Up of the Psychological Models of Team Effectiveness

5/3/2024
In this episode of the Psych in Business podcast, host, Dr. Ernest Wayde delves deep into the integration of psychology and business by exploring various team effectiveness models. Dr. Wayde emphasizes the importance of having a structured approach to enhance team dynamics, relationships, and efficiency in organizational settings. He begins by acknowledging that while he has covered several prominent team effectiveness models in previous episodes, the landscape is vast and diverse. Dr. Wayde highlights the availability of professional coaches and consultants who specialize in these models, underscoring the importance of finding the right fit for each team's unique needs. Throughout the episode, Dr. Wayde discusses key models such as Tuckman's stages of team development, Belbin Team Role Model, VA model, GRPI model, and Lencioni's five dysfunctions model. He articulates how each model offers insights into understanding team dynamics, roles, relationships, and processes, drawing upon well-established psychological principles and research. Moreover, Dr. Wayde emphasizes the interconnectedness and similarities among these models, suggesting that they can be used in conjunction to provide a comprehensive framework for team development and improvement. He highlights the Hackman model and the Korn Ferry T7 model for their recognition of external factors and organizational support in contributing to team success. In conclusion, Dr. Wayde encourages leaders and organizations to leverage team effectiveness models as invaluable tools for guiding team development, enhancing performance, and achieving collective goals. He emphasizes the need for expert guidance in implementing these models effectively. Listeners are invited to explore these models further and consider integrating them into their leadership and team development strategies to foster success in their respective endeavors. You can visit his business website at: https://www.waydeconsulting.com/

Duration:00:08:43

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Understanding the Importance of Effective Leadership and Teamwork with Steven Schloss

4/30/2024
In this episode of the Psych in Business podcast, host, Dr. Ernest Wayde welcomes Steven Schloss, an executive and team coach with a rich background in HR leadership across various industries. Steven shares insights from his extensive experience, shedding light on the critical role of psychology in the business world. Steven discusses his journey from being a Chief People Officer to founding Listen Forward Coaching and Leadership, where he assists CEOs, C-suite executives, and teams in enhancing performance and achieving sustainable results. His expertise spans diverse sectors, including finance, tech, sports, and entertainment. Throughout the conversation, Steven emphasizes the importance of effective leadership and teamwork, drawing from his experiences in large-scale organizations and private equity ventures. He highlights the significance of fostering a culture of responsibility and influence at all levels of an organization, stressing that leadership is not confined to hierarchical roles. The discussion delves into the challenges of leading through mergers and acquisitions, emphasizing the need for strategic alignment and cultural integration. Steven provides practical examples of transforming team dynamics and supporting leaders in navigating complex organizational changes. Dr. Wayde and Steven also explore the evolving role of HR executives, emphasizing the value of HR in driving business success through strategic initiatives and fostering a future-ready workforce. Steven's advice for business leaders underscores the importance of staying contextually aware and continuously learning to adapt to dynamic environments. Join Dr. Ernest Wayde and Steven Schloss for this insightful conversation on navigating leadership and team dynamics in the ever-changing world of business. You can visit his business website at: https://www.listenforwardllc.com

Duration:00:25:29

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Employee Development: The Overlooked Leadership Skill

4/26/2024
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: 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/

Duration:00:08:51

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

4/23/2024
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/

Duration:00:24:51

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Understanding the T7 Model of Team Effectiveness

4/19/2024
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/

Duration:00:08:58

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

4/16/2024
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/

Duration:00:27:30

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Understanding the Domino Effect of Organizational Change on Employees

4/12/2024
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/

Duration:00:10:03

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Navigating Cross-Cultural Leadership with Scott

4/9/2024
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.

Duration:00:30:06

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The GRPI Model for Team Effectiveness

4/5/2024
In this episode of the "Psych in Business" podcast, hosted by Dr. Ernest Wayde, the focus is on exploring the GRPI model of team effectiveness, developed by Richard Beckhard in 1972. Dr. Wayde delves into the four key factors for team success outlined in the model: Goals, Roles, Processes, and Interactions. Starting with goals, Dr. Wayde emphasizes the importance of establishing clear and measurable objectives for teams, citing research that highlights the significance of goal clarity in reducing conflicts. He introduces the SMART acronym to guide goal-setting, stressing the need for alignment with overall business objectives and the importance of time-bound targets. Moving on to roles, Dr. Wayde discusses the three components: authority, responsibility, and tasks. He underscores the necessity of clearly defining roles within the team structure to avoid confusion and inefficiencies, citing instances where lack of role clarity led to organizational dysfunction. Next, Dr. Wayde explores processes, highlighting their role in streamlining decision-making, coordination, and communication within teams. He emphasizes the importance of establishing clear processes to minimize ambiguity and increase efficiency. Finally, Dr. Wayde discusses the crucial dimension of interactions, emphasizing the significance of trust, open communication, and feedback among team members. He stresses the impact of healthy interpersonal relationships on team productivity and achievement of business results, advocating for explicit focus on relationship-building within teams. Throughout the episode, Dr. Wayde provides insights, examples, and practical recommendations for implementing the GRPI model to enhance team effectiveness and foster a positive team culture. Whether forming a new team or optimizing an existing one, this episode offers valuable guidance for listeners aiming to navigate the complexities of team dynamics in the realm of business and organizations. You can visit his business website at: https://www.waydeconsulting.com/

Duration:00:10:57

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Unlocking Employee Motivation and Leveraging Psychology for Business Success with Dr. Sherry Buffington

4/2/2024
In this episode of the Psych in Business podcast, Dr. Ernest Wayde speaks with Dr. Sherry Buffington, a motivational and performance psychologist. Dr. Buffington shares insights into her journey as a psychologist specializing in motivation and performance within the business realm. The conversation delves into various topics, starting with Dr. Buffington's transition into the field of business psychology, driven by her interest in understanding nonverbal communication and her experiences working with small business owners seeking psychological insights to enhance team performance. Dr. Buffington emphasizes the importance of leadership style, job fit, and organizational culture in optimizing employee performance. She identifies four organizational cultures—no consequences, no mistakes, firefighter, and structured freedom—highlighting the significance of fostering a healthy, structured freedom culture for enhanced productivity and employee satisfaction. The discussion explores the distinction between extrinsic and intrinsic motivation, with Dr. Buffington underscoring the limitations of relying solely on extrinsic motivators such as bonuses. She outlines a comprehensive framework for understanding employee motivation, ranging from basic human needs to individual motivations and emphasizes the importance of aligning individual needs with job roles to maximize engagement and performance. Dr. Buffington also sheds light on the shifting dynamics in the workforce, particularly among millennials and Gen Z, who prioritize factors such as work-life balance, meaningful work, and continuous learning over traditional extrinsic rewards. She emphasizes the need for leaders to adapt their approach to motivation to meet the evolving needs of the workforce. The conversation concludes with Dr. Wayde and Dr. Buffington discussing the impact of stress on cognitive function and the challenges associated with managing change in organizations. You can visit her business website at: www.quantumleapsystems.com

Duration:00:34:20

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Courage Matters: Understanding the Importance of Courage in Leadership

3/29/2024
In this episode of the Psych in Business podcast, host, Dr. Ernest Wayde delves into the concept of courage, particularly its significance for effective leadership. Dr. Wayde begins by defining courage according to the American Psychological Association: the ability to confront difficult challenges despite the risks involved. He highlights examples such as overcoming destructive habits and voicing unpopular opinions, emphasizing their relevance in the workplace. Drawing from historical perspectives, Dr. Wayde notes that courage has been a subject of study since ancient times, with Aristotle considering it one of the cardinal virtues. However, he acknowledges the subjective nature of courage, which can lead to differing interpretations and challenges in defining courageous acts. The discussion then delves into the distinction between courage and recklessness, exemplified by scenarios like skydiving or dismissing a top performer due to workplace conflict. Dr. Wayde emphasizes that courage often involves voluntary, intentional actions driven by important goals or values, despite perceived risks. Leadership courage is particularly crucial, characterized by the willingness to do what is right, even in challenging circumstances. Dr. Wayde underscores the importance of speaking up and recounts the tragic Challenger rocket launch as a poignant illustration of the consequences of failing to maintain courage in critical moments. To foster courage, Dr. Wayde suggests clarifying personal values, developing self-confidence, and practicing courageous behaviors in small-scale situations. He encourages listeners to challenge negative thoughts and seek inspiration from courageous role models, citing Martin Luther King Jr. as a paragon of leadership courage in advocating for civil rights. In closing, Dr. Wayde urges further exploration of courage and its implications for leadership effectiveness. Courage, he asserts, is foundational for leaders and managers, essential for navigating challenges and driving positive change in organizations. Join Dr. Ernest Wayde in his exploration of courage and its profound impact on leadership and organizational success. Tune in to the "Psych in Business" podcast for more insights into the psychology of business. You can visit his business website at: https://www.waydeconsulting.com/

Duration:00:12:02