
Why democracies die — and what business leaders must do
Democracy dies from within, warns Harvard’s Daniel Ziblatt. Business leaders must act now to protect it—or risk catastrophic failure....
Experimentation can bring many benefits in the workplace. New products, cost-saving efficiencies, and profits are often the result of new and progressive ways of thinking. But having the confidence to try new methods comes with risks. Often we must fail on our way to success, and that failure can give rise to fear.
Many fear admitting mistakes, says Zhike Lei, due to shame, or the possibility of losing their position. That in turn leads teams to avoid innovation, growth, and eventually success.
So how can we lead and achieve in the face of failure?
Lei suggests managers the world over need to compensate for their negative biases and those of their team members by fostering an open and trusting environment. In her second appearance on ManagementCast, she discusses how to create a failure-positive workplace and the central role of fear in our psyche.
*****
Zhike Lei is Professor of Leadership and Organizational Behavior. She is an award-winning organizational scholar and an expert on psychological safety, team dynamics, organizational learning, error management, and patient safety.
Lei studies how organizations, teams, and employees adapt and learn in complex, time-pressured, consequence-laden environments. As a global management educator, she has taught executives and PhD, DBA, EMBA, and MBA candidates, as well as undergraduates, and has won numerous teaching awards and recognitions.
Find out more about IMD at imd.org
July 24, 2025 • by Daniel Ziblatt, David Bach in Podcasts
Democracy dies from within, warns Harvard’s Daniel Ziblatt. Business leaders must act now to protect it—or risk catastrophic failure....
July 21, 2025 • by Michael R. Wade, Amit M. Joshi in Podcasts
Is AI a threat to the planet or a tool to save it? Mike and Amit Talk Tech explore AI’s environmental impact with IMD’s Julia Binder in this podcast episode....
July 14, 2025 • by Richard Roi in Podcasts
Kevin O’Brien shares the lessons every first-time CEO needs to hear — from unpacking the brief to unlocking future potential and uniting the team....
July 8, 2025 • by Alyson Meister, Marc Maurer in Podcasts
Marc Maurer shares how ON grew from startup to IPO by defying hype, focusing on purpose, and leading with humility in this candid Leaders Unplugged episode....
Explore first person business intelligence from top minds curated for a global executive audience