Leaders That Inspire - Deepstash

Leaders That Inspire

  • Poor leadership costs many companies more than a billion dollars every year.
  • Inspired teams deliver 125 percent more than a satisfied one.
  • Big Tech focuses on collective talent, because individual talent usually isn’t enough to turn the tables.
  • It does not matter what an individual does if the work is the opposite of how the organization works.
  • Simply put, companies that inspire employees perform exceedingly well.

6

STASHED IN:

28

MORE IDEAS FROM Why Employees At Apple And Google Are More Productive

Big companies select and prioritize a few roles that are business critical and assign their top, A-grade talent into them. The rest of their roles do not have many star players.

The way a team is constructed from the beginning, and how many star players are stacked together matters a lot, especially for the crucial projects.

5

STASHED IN:

26

  • Many managers replace judgements with processes and try to escape the fallout of bad decisions.
  • Companies also follow outdated processes that are not discarded by senior management.
  • This result is organizational drag, wasted time and loss of productivity, costing the economy over USD 3 Trillion each year.

Example: Expense management is essentially based on distrust, as there are audits, limits, documentation and extensive tracking of employees. This entire process can be simply eliminated and employees can be trusted with managing expenses themselves, like Netflix does.

6

STASHED IN:

26

  • Big Tech companies have a few methods and mindsets that result in a 40 percent increase in productivity.
  • Hiring great people is just one of the many aspects that companies like Google, Apple, Netflix and Dell employ to achieve billion-dollar turnovers.
  • They have the same number of star players as the other companies, but the outcome is dramatically different.
  • In a span of 10 years, these techniques compound exponentially and yield 30 times more than other companies.

6

STASHED IN:

28

Deepstash helps you become inspired, wiser and productive, through bite-sized ideas from the best articles, books and videos out there.

GET THE APP:

RELATED IDEA

The pandemic unleashed unprecedented levels of change

Organizations have implemented changes that once felt impossibly far off:

  • Working from home: While the pandemic upended many jobs that could be done only in person, managers learned that many other roles could be done very effectively from home.
  • Teaching online: Schools shifted very quickly from in-person to remote or hybrid learning. 
  • Remote health care: Doctors pivoted quickly to remote appointments. As is usual for many innovations, those who were already doing some work virtually, such as psychologists, made the transition more easily than those who had never done so. 

2

STASHED IN:

16

The amount of data generated doubles every two years, reflecting a 50-fold growth from 2010 to 2020.

To thrive in this rapidly changing environment, leaders must evolve quickly or risk extinction. Leaders need to possess the skills to read the ever-changing landscape, to create flexible teams and inspire their companies to solve big problems.

STASHED IN:

159

Distracted every 10 minutes

On average, employees who do the majority of their work on computers are distracted almost every ten minutes.

Most of the interruptions are external - an incoming email or a colleague stopping by to chat. But a significant proportion also comes from the individuals who voluntarily switch tasks.

123

STASHED IN:

598

STASHED IN:

0 Comments