Tim Ryan
PwC US Chair founded CEO Action for Diversity and Inclusion
Corporate Competitor Podcast Episode 105
Tim Ryan is a lifelong hockey guy and current running enthusiast, but the sports metaphor he reaches for to describe his role as the US Chair & Senior Partner of global financial powerhouse PwC is football.
“Too often in corporate America, we go into the huddle where we agree on a pass play but not on what routes everybody is running,” he said. “In our case, we came into the huddle and decided we would be more diverse. But we never explored the best-in-class opportunities for executing this goal. It’s up to the quarterback, or in the case of a business, the leader, to be responsible for implementing such a process.”
Tim took this responsibility so seriously that he co-founded CEO Action for Diversity and Inclusion™, where CEOs can gather to share best practices and ideas on equity. What started as a few CEOs collaborating in 2017 has turned into 2,200 leaders representing 21 million employees.
Ryan believes trust is the new currency of business — so much so that he developed PwC’s Trust Leadership Institute. This immersive program brings together a community of leaders to explore the role of trust in business and society.
“There are very few things that somebody can do at PwC, or any large organization, that will put them out of business,” Tim said. “But a culture of not trusting in people and not trying new things will, over time, destroy an organization.”
Listen to the podcast for well-pressed leadership insights on building trust and transparency.
You will learn:
- 4:00 Lessons in feedback from Tim’s first job at the supermarket.
- 11:00 Why leaders must commit to being available and accessible.
- 12:30 How PwC addressed DEI issues to build greater trust internally.
- 18:30 What never happens when you trust your team.
- 25:00 How to make corporate goals personally meaningful to members of your team.
- 30:00 What’s wrong with today’s corporate business “huddles.”
You will learn:
- 6:00 How easy it is to cut corners in practice and why you’ll suffer as a result.
- 8:00 How to emphasize the power or “we” on your team.
- 11:00 How living and working in Japan in the aftermath of the Fukushima disaster taught Lane that caring was the universal language of respected leaders.
- 15:00 The level of employee interaction required to achieve success.
- 18:30 The difference between being accountable and responsible.
- 27:00 How to identify a meaningful friend or mentor.
Resources:
- Connect with Tim LinkedIn.
- Read Tim’s article Trust: The New Currency for Business.
- Learn more about the largest CEO-driven business commitment to advance diversity and inclusion in the workplace.
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