Connecting to Admired Leadership

Why Are Some Leaders Praise Stingy?

Episode Summary

A conversation with Suzanne Peterson, Executive Coach and Partner at CRA | Admired Leadership, exploring the unique behavioral approach to leadership development and diving deep into how leaders can effectively use praise and recognition.

Episode Notes

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Key Highlights

• Admired Leaders excel at both driving performance AND creating strong followership - a rare combination found in only a small percentage of leaders
• The Admired Leadership approach focuses on universal behaviors that: - Can be explained in under 5 minutes - Are immediately actionable - Work across all demographics and industries
• On Praise and Recognition: - Admired Leaders tend to be "praise stingy" but highly effective with positive feedback - They distinguish between general praise and specific positive feedback - When they do give praise, they make it count by being specific and meaningful
• Key Insight: The difference between praise and positive feedback is utility - positive feedback tells people exactly what they did well and what to continue doing
• Practical Application: - Leaders struggling with giving recognition can focus on specific positive feedback rather than general praise - Consider tracking system to ensure giving at least one piece of positive feedback daily - Recognition can extend beyond work to family and personal relationships

Notable Quotes

• "Leadership is what you do at the end of the day. It's how you approach a room and the behaviors and routines that you bring into that room."
• "We're not in the business of changing who people are - we're focused on behaviors that make leaders more effective."
• "When Admired Leaders praise, they praise the right people in the right way for the right things."

Featured Speaker

• Suzanne Peterson Ph.D. is an Admired Leadership Coach and Partner. She provides counsel and coaching to senior leaders primarily on Wall Street and other financial services companies.