To be effective leaders, we all need good advice, and we need to give good advice to others. Problem is, advice sharing is not as easy as it sounds, explain David Garvin and Joshua Margolis
In business, good advice is priceless.
Managers who are anxious and confused when confronted with corporate challenges can find that a piece of sound advice from a colleague can instill a sense of calm and clarity that leads to more thoughtful and strategic business decisions. In turn, offering advice to others is considered an important mark of a leader.
Yet business executives aren't always making the most of advice—on both the giving and the receiving end—because they may not realize that it involves skills that can be learned and refined, according to Harvard Business School professors David A. Garvin and Joshua D. Margolis.
Highly skilled advisers pay close attention to how they advise as much as what kind of advice they give, Garvin and Margolis contend in the recent article in Harvard Business Review, The Art of Giving and Receiving Advice, which is based on research and discussions with advice experts.
The advice give-and-take is not always easy to pull off. Both the advice-giver and the receiver are prone to common missteps that can cloud communication and even damage relationships.
But when advice-giving does go well, it is a beautiful thing, says Margolis, the James Dinan and Elizabeth Miller Professor of Business Administration.
"If you've been thinking about a problem in a certain way, and the advice and counsel you get lets you see it in a completely different light, it allows you to see a path through that you didn't see before," he says.
Hesitant to ask for help
Some executives are wary of seeking advice at all. For one thing, many people operate under the assumption that they already have all the answers.
"People have a remarkable degree of overconfidence, and that diminishes the amount of advice they typically seek," says Garvin, the C. Roland Christensen Professor of Business Administration. "But I don't see how a leader can make critical big decisions without getting advice."
Plus, many executives believe that if they seek advice, they will be viewed as incapable of making decisions on their own.
Research shows that people who seek too much advice—those who ask for a wide range of opinions, for example, before making every little decision—are viewed as overly dependent and receive lower performance ratings from their bosses, but then again, people who rarely seek advice receive lower performance ratings as well. The folks in the middle—those who seek advice regularly but not too often—earn the highest scores.
Advice-seekers make mistakes
People who seek advice make a variety of mistakes, including:
This article was provided with permission from Harvard Business School Working Knowledge.