142. Power and Persuasion: Live Insights from Stanford Experts | Think Fast, Talk Smart:...

Introduction (0s)

• Stanford Executive Education offers on-campus programs to refine approaches and stay ahead in an ever-changing landscape.
• The event combines renowned faculty, Executive Education participants, and a strategic communications expert for a unique learning experience.
• Jenny Luna, executive producer of Think Fast, Talk Smart, welcomes the audience and introduces the panel discussion.

Navigating Conflicts and Negotiations in Diverse Settings (1m40s)

• Michelle Gelfand, professor of cross-cultural management and organizational behavior, discusses conflict and negotiation.
• She emphasizes the importance of finding a balance between cooperation and competition to create the best deals.
• Understanding the underlying interests of parties involved can lead to win-win solutions.
• Metaphors used in negotiation, such as battle, sport, dance, or necessary evil, can influence behavior and should be chosen mindfully.
• Mismatched metaphors can lead to ineffective negotiations.

Understanding and Managing Diversity (4m51s)

• Metaphors can be constructive in managing diversity.
• Conflicts can arise from the metaphors we use rather than what we say.
• We should be mindful of the metaphors we use in personal and professional lives.
• Brian Lowry is the co-director of Stanford's Institute on Race.
• The institute focuses on the diversity of human experience and how to manage it for everyone to flourish.
• Diversity can create obstacles to living together well and productively.
• The institute aims to bring together knowledge and insights from faculty and communities to find ways for diverse communities to flourish together.
• Leaders should create situations where diverse individuals can work incredibly well together and everyone has a voice.

Dynamics of Power and Influence (7m57s)

• To compensate for the lack of physical presence in virtual environments like Zoom, individuals can take up space by speaking slowly, owning silence, and pronouncing words clearly.
• Important people often set the stage for themselves by appearing in a large, formal room and positioning themselves far from the camera to signal power and authority.
• Creating more physical space between oneself and the camera, as well as choosing a formal setting, can enhance the perception of power and status during virtual meetings.
• Good lighting is essential for professional video calls.

Persuasion and Effective Communication (14m4s)

• Lighting is crucial for creating a professional and engaging presence in virtual communication.
• Pronouns matter in persuasion, especially in adversarial contexts.
• Replace "you" with first-person plural pronouns like "we," "us," and "our" in adversarial contexts to create a more inclusive and receptive dynamic.
• Using "we" instead of "you" makes the speaker seem more open and receptive, which increases receptiveness, willingness to engage, and decreases censorship.
• The less likely a person is to be censored, the more they use the word "you" in their discussions.

Acting with Power in Interactions (18m44s)

• People's pronoun use on Reddit can influence the likelihood of censorship.
• The benefits of using "we," "us," and "our" in communication have been previously discussed.
• Michelle's research on framing conversations, conflicts, and negotiations can influence language use.
• Deb's research focuses on how people intentionally show up in different contexts.
• She is particularly interested in how investors make decisions about startup teams based on their demeanor.
• Investors are aware that they pay attention to certain things, but they are not consciously aware of what those things are.
• Deb is exploring whether startup teams that appear more hierarchical or egalitarian are more successful in attracting investment.

The Pursuit of Meaningfulness (20m47s)

• People often confuse achievement with meaning.
• Achievement is easy to measure and instantly gratifying, but it doesn't always lead to a sense of fulfillment.
• Meaning is harder to quantify and can feel uncomfortable to pursue, but it can lead to a deeper sense of fulfillment.
• Meaning is about participating in someone else's story or participating in a story larger than yourself.
• Significance is a key component of meaning, as people want to feel that what they do matters beyond just themselves.

Cultural Tightness and Looseness (24m14s)

• Culture is omnipresent and affects us constantly. Cross-cultural psychologists aim to make culture visible and understand its evolution, consequences, and management.
• Tight cultures, characterized by strict norms and rules, often arise from historical threats and help coordinate survival.
• Tightness-looseness can be observed at various levels, including nations, states, organizations, and industries.
• Misalignment occurs when organizations become too tight or too loose, requiring flexible tightness or structured looseness to maintain balance.
• Understanding oneself, including one's tightness-looseness mindset, is crucial for comprehending others and navigating cultural differences.

Persuasive Communication (28m52s)

• People tend to perceive increases as more significant than decreases, affecting scientific communication, persuasion, and decision-making.
• Building trust and demonstrating a shared direction are essential for effective communication and persuasion.
• The podcast "Think Fast, Talk Smart" from Stanford Graduate School of Business offers insights on power and persuasion, featuring experts like Michelle Gelfin, Brian Lowry, Zack Tormala, and Deb Gruenfeld.
• Find the podcast on YouTube and wherever you get your podcasts, and subscribe, rate, and follow on LinkedIn and Instagram.
• Stanford Graduate School of Business provides over 50 Executive Education programs, both in-person and online, for leaders of all levels and career interests.