The leadership habit Jamie Dimon uses to show confidence

Get better at: Leading

Today’s move

Jamie Dimon, the CEO of JPMorgan Chase, said insecurity ruins CEOs and other leaders.

So instead of acting like you have all the answers, actively aim to create a space where others feel comfortable weighing in and disagreeing.

Why it works

Dimon said that insecure leaders make their reports uncomfortable about bringing them bad news or challenging their ideas. Eventually, this causes leaders to create a bubble around themselves and they become disconnected from what’s going on inside their companies.

Encouraging others to share their perspective, on the other hand, signals humility and confidence in a leader.

Try it today

The next time you meet with your team, end the conversation by asking your peers, “What am I missing?”

Then just listen to what they have to say.

Dimon said that he isn’t offended by complaints and that a secure leader values critical feedback.

The bottom line

Dimon actively encourages his employees to speak up. He said that for decades, he has left every JPMorgan board meeting so directors can talk without him. When executives disagree with him, he has them make their argument directly to the board.

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Source

This insight is drawn from Business Insider’s reporting of Dimon’s take on insecure CEOs from his commentary on “The Master Investor Podcast with Wilfred Frost.” Read the full story about Dimon’s comments from Business Insider’s Georgia Hennessy here

It also includes Business Insider’s reporting on how to spot a fragile ego, based on Dimon’s comments and advice from leadership experts. Read the full story in Business Insider’s Sarah Needleman here.