June 13, 2024 • 1hr 22min
Lenny's Podcast: Product | Growth | Career
Jeffrey Pfeffer is a professor of organizational behavior at Stanford's Graduate School of Business and teaches one of the most popular and oversubscribed courses called "The Paths to Power." In his recent book "The Seven Rules of Power," Jeffrey teaches strategies for building power to get things done and advance your career.
In this conversation with Lenny Rachitsky, Jeffrey discusses why power skills are important but often make people uncomfortable, how to build power through tactics like personal branding and networking, examples of power in action, and the tradeoffs that come with having power. He argues that good people need to learn power skills to have more positive impact in the world.
Jeffrey explains that power skills make many people uncomfortable because:
However, he argues power skills are crucial, especially for underrepresented groups who face systemic disadvantages. As he states: "These are folks who will not succeed unless they learn power skills because the world is stacked against them in lots of ways."
Jeffrey discusses how his "Paths to Power" class at Stanford is extremely popular with a long waitlist. However, some students are very uncomfortable with the material. He tries to make it clear the class isn't for everyone - you need to be open to learning the concepts to benefit.
He emphasizes the importance of suspending judgment, both of others and yourself. As he notes: "If I decide that Lenny is whatever set of bad adjectives you want to use...my ability to build a positive relationship with you...becomes almost zero."
Jeffrey explains why building a personal brand is crucial for career advancement:
He gives examples like Keith Ferrazzi starting an award at Deloitte to boost the company's brand recognition, which led to him becoming CMO. Or Tristan Walker proactively signing partnerships to get noticed by Foursquare's founder.
Jeffrey advises thinking strategically about how you present yourself, like his student Laura Chau who leveraged her unique height and style as an Asian woman in venture capital. The key is having both substance and visibility.
The first rule of power is to get out of your own way. Jeffrey explains this means:
He notes: "If you got the job you're in, you probably are not only qualified, you're probably overqualified. So don't use descriptors of yourself that disempower you."
Jeffrey explains that breaking rules can help you gain power by:
He gives the example of Jason Calacanis breaking conventional venture capital wisdom to build power and wealth in the industry.
On effective networking, Jeffrey advises:
He shares the story of Omid Kordestani networking his way to becoming employee #11 at Google by being known as the best technically-oriented business person in Silicon Valley.
Jeffrey explains that using power begets more power:
He notes: "To the extent that you become successful, more people will want to work with you. To the extent that you get more stuff done, you'll get more promotions, more opportunities."
Jeffrey discusses how appearing powerful through body language, voice, and presence has a big subconscious impact:
He gives the example of Steve Jobs being coached to become a masterful presenter and salesperson.
Jeffrey shares some homework assignments he gives students to practice power skills:
Jeffrey discusses the tradeoffs that come with power:
He notes he has chosen autonomy over power in his own career, stating: "I want control of my time. It is much more important to me [than power]."
Jeffrey argues that good people need to learn power skills to have more positive impact. He shares the story of Dr. Laura Esserman, who initially resisted power tactics but learned to use them to drive major improvements in cancer research and treatment.
As he states: "If you want power to be used for good, more good people need to have power."
Jeffrey Pfeffer makes a compelling case for why understanding and cultivating power is crucial for career success and having positive impact, even if the tactics feel uncomfortable. He provides practical strategies for building power through personal branding, networking, body language, and other learnable skills.
At the same time, he acknowledges the very real tradeoffs and downsides that come with power. His advice to get coaching and social support to practice these skills in small steps is a good way for listeners to start applying the concepts.
Ultimately, Jeffrey argues that good people need power to drive positive change. Learning these skills can help well-intentioned people have more influence and impact for causes they believe in. But each individual needs to weigh if the tradeoffs are worth it for their own goals and values.