How Healthy Teams Encourage Each Other

Is your team taking collective risks?

Summary
Transcript

In this backstage interview from Leadercast Live 2019, Carla Harris, vice chairman and managing director of Morgan Stanley, explains why risk-taking should be an encouraged, collaborative effort.

“A lot of times, we don't play big enough as individuals, let alone as a collective on the team, because we're too afraid of making a mistake or we're too afraid of what the reaction might be to making a mistake,” says Carla. “If everybody on the team is doing that, the team doesn't reach its full potential.”

Watch the video to hear more from Carla about encouraging collective risk-taking.

In my view, a healthy team embraces five things: They embrace authenticity, they embrace collaboration, they embrace conflict, they embrace differences and they embrace encouragement. I think that a healthy team really will be intentional about pushing each person on the team to be the best person that they can be, and really encouraging people to take risks because I think that a lot of times we don't play big enough as individuals, let alone as a collective on the team, because we're too afraid of making a mistake or we're too afraid of what the reaction might be to making a mistake.

So as a result, in our pursuit not to make a mistake, we don't reach or swing hard enough, and therefore don't reach our full potential, and if everybody on the team is doing that, the team doesn't reach its full potential.
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Carla Harris

As vice chairman, managing director and senior advisor at Morgan Stanley, Carla is responsible for increasing client connectivity and penetration to enhance revenue generation across the firm. In her 30-year career, Carla has had exte...

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