The Unreliable Narrator: Why Leaders Can't See Their Own Story (with Federico Malatesta)

Many accomplished leaders reach a point where success stops meaning anything. The stories leaders live by were useful once, but they run their course, and no protocol, framework, or morning routine can fix one that has stopped working. In a time when a chatbot tends to agree with everything we say, the way forward is to welcome a different view, make the best decision we can without certainty, and take responsibility for it.

Federico Malatesta is the founder of FM Transformational Coaching and the author of They Are Lying to You: The Self-Help Delusion. He grew up in Rome and spent fifteen years in global energy, rising to chief investment officer, or CIO, of a $40 billion portfolio, before leaving to study why success stops meaning anything. He now coaches senior executives from a working horse ranch in Texas, drawing on narrative theory, neuroscience, and contemporary psychoanalytic thought. He writes regularly on identity, leadership transitions, and narrative collapse, and his newsletter is Almost Everything Is Context.

Chapters:

  • (00:00) - Welcome and the unreliable narrator
  • (02:50) - Four challenges leaders face today
  • (04:46) - Meet Federico Malatesta
  • (07:16) - Influences and a working horse ranch
  • (09:33) - What horses pick up in leaders
  • (11:47) - Why self-help protocols fail
  • (15:54) - Knowing the why before the how
  • (18:35) - The stories leaders live by
  • (21:32) - Using AI as a challenger
  • (22:52) - The client who kept leaving boards
  • (25:13) - Emotional bookmarks and body signals
  • (27:42) - Deconstructing a stressful moment
  • (30:38) - Practicing in low-stakes moments
  • (32:34) - Why authenticity is the wrong word
  • (34:45) - Leadership as moving forward under uncertainty
  • (39:04) - Challenging your own story
  • (41:17) - Judgment in the boardroom
  • (42:16) - Lightning round

Referenced in this episode:


Federico Malatesta on LinkedIn: https://www.linkedin.com/in/federicomalatesta/ 

More about FM Transformational Coaching: https://federicomalatesta.com/about/ 

Leadership Development News is a Podcasts That Matter production: https://podcaststhatmatter.org