Why the Best Leaders I’ve Placed Aren’t ‘Experts’ at Everything

Why the Best Leaders I’ve Placed Aren’t ‘Experts’ at Everything

In today’s rapidly evolving business landscape, the notion of leadership has shifted significantly. Gone are the days when a leader needed to be the smartest person in the room, a know-it-all who could answer every question and solve every problem.

Instead, the most effective leaders are those who possess humility, learning agility, and a knack for building strong teams. These traits, more than encyclopaedic knowledge, enable leaders to navigate complexity, foster innovation, and drive sustainable success.

The Myth of the “Know-It-All” Leader

For many years, the archetype of the all-knowing leader was revered in business. This figure was expected to have an answer for every challenge, and their expertise was seen as a cornerstone of their authority. However, research and experience have shown that this model of leadership is not only outdated but also counterproductive.

A study published in the Harvard Business Review found that overconfidence can lead to poor decision-making and a lack of openness to new ideas .

Leaders who believe they know everything are less likely to seek out advice or consider alternative perspectives, which can stifle innovation and lead to missed opportunities.

In contrast, leaders who recognize the limits of their knowledge are more inclined to seek input from others, leading to better decision-making and more effective problem-solving.

Humility: The Foundation of Effective Leadership

Humility is often seen as a sign of weakness in leadership, but in reality, it is one of the most powerful traits a leader can possess. Humble leaders are aware of their limitations and are not afraid to admit when they don’t know something. This openness not only fosters a culture of continuous learning but also encourages others to share their knowledge and expertise.

A study by Jim Collins, author of Good to Great, found that humility, combined with a fierce resolve, was a key characteristic of leaders who transformed their companies from average performers to industry leaders . These “Level 5 Leaders,” as Collins calls them, were not the loudest or most charismatic individuals but rather those who were willing to listen, learn, and adapt.

Humility also plays a crucial role in building trust within a team. According to research published in the Journal of Management, humble leaders are more likely to be trusted by their employees, which in turn leads to higher levels of engagement and job satisfaction. When employees trust their leaders, they are more willing to take risks, share ideas, and work collaboratively, all of which are essential for innovation and growth.


Learning Agility: Thriving in a Complex World

In a world where technology, markets, and consumer preferences are constantly changing, the ability to learn and adapt quickly is more valuable than ever. This is where learning agility comes into play. Learning agility is the ability to rapidly acquire new knowledge, apply it in real-time, and pivot when necessary. It’s not about knowing everything upfront but about having the capacity to learn what’s needed when it’s needed.

A study by the Korn Ferry Institute found that learning agility is a key predictor of leadership success. Leaders with high learning agility are more likely to be promoted, excel in new and challenging roles, and drive organisational performance . This is because they are able to navigate unfamiliar situations, learn from their experiences, and adapt their strategies as they go.

Moreover, learning agility allows leaders to stay ahead of the curve in an increasingly competitive business environment. A report by Deloitte highlights that companies led by agile leaders are more likely to innovate and respond effectively to disruptions . These leaders are not bogged down by outdated knowledge or rigid thinking but are instead open to new ideas and willing to experiment.

The Power of Team-Building

No leader, no matter how knowledgeable, can succeed on their own. The ability to build and lead strong teams is therefore a critical component of effective leadership. Great leaders understand that their success is tied to the success of their team, and they invest time and effort in creating an environment where everyone can thrive.

A study conducted by Google, known as Project Aristotle, found that the most successful teams were not those with the most skilled individuals but those with the best dynamics. Psychological safety, defined as the belief that one will not be punished or humiliated for speaking up with ideas, questions, or concerns, was identified as the most important factor in team effectiveness . Leaders who foster psychological safety enable their teams to collaborate more effectively, take risks, and innovate.

Team-building also involves recognising and leveraging the diverse strengths of team members. According to Gallup’s research on strengths-based leadership,s . Leaders who are not focused on being experts at everything themselves are more likely to delegate effectively, empowering their team members to contribute their unique skills and expertise.

Why Humility, Learning Agility, and Team-Building Matter More Than Expertise

The best leaders I’ve placed are not those who came into the role with all the answers but those who were willing to ask the right questions. They are humble enough to acknowledge what they don’t know, agile enough to learn what they need to know, and skilled enough at team-building to ensure that the right expertise is available when it’s needed.

These leaders understand that their role is not to be the sole source of knowledge but to create an environment where knowledge can flow freely and where everyone on the team feels valued and heard. They recognise that in today’s complex and rapidly changing world, no one can be an expert at everything, and that true leadership lies in the ability to harness the collective intelligence of the team.

While expertise is important, it is not the defining characteristic of great leadership. The leaders who truly excel are those who combine humility, learning agility, and team-building to create dynamic, innovative, and high-performing teams.

These are the leaders who not only navigate the challenges of today’s business environment but also shape the future of their organisations.

By focusing on these qualities, rather than trying to be an expert at everything, leaders can not only achieve greater success themselves but also empower those around them to reach their full potential.

In the end, it’s not about knowing everything—it’s about knowing how to lead in a way that brings out the best in everyone.

Ciara Ward-Jenkins

Proven Leader in Financial Services | Building High-Performing Teams | Delivering Exceptional Client Service | Skilled in Stakeholder Management & Problem Solving | Your Go-To for Pragmatic Solutions ??

1 个月

Really interesting. I've always worked on the basis of its not about knowing everything but about surrounding yourself with lots of good people so there is always someone who will know

I enjoyed reading this. I would also add that you can become a better leader once you know and understand yourself.

David Dyer

Optimisation, transformation and turnaround strategy for High Growth and PE/VC portfolio companies ? Board Advisor ? fCIO ? Putting people at the centre of change ? Couch to Kilimanjaro: my self-led Long Covid recovery

1 个月

They’re not Carrie, they’re the ones who admit they DON’T know it all, so build teams that do, or if they don’t, have the wherewithal, adaptability and perseverance to go and find out! With that said leader then backing the team to then deliver. It’s quite simple really …

Tony Beaven MBusLship, GAICD, CMgr FCMI, Adv.Dip FS

* Australian & UK wealth management disrupter * Driver of strategic change initiatives * Leading light in Regulated Compliance & Regulation * Culture creator. >Click Wealth management insights to look into the future

1 个月

Spot on Carrie

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