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Elon Musk limits meetings at Tesla to only 6 people - and says employees should 'walk out' if nothing's getting accomplished
No frequent meetings
Get rid of regular meetings unless you are dealing with a pressing matter. Once the issue is resolved, the meeting frequency should drop.
Ask yourself how urgent the need behind the meeting is and if you can instead reduce the frequency and communicate via email or group chat.
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"I tend to approach things from a physics framework. And physics teaches you to reason from first principles ra..."
Elon Musk
The Two Types of Thinking
Comparison thinking: comes up with solutions based on pre-existing ideas. It is the way we normally think but it also limits the solutions to possible permutations of what already exists.
First principles thinking: starts free of preconceptions by studying the fundamentals of something and then working your way to a new thing. This helps you understand complex problems.
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Key Ideas
"Well, I do think there’s a good framework for thinking. It is physics. You know, the sort of first principles ..."
Elon Musk
First principle vs. analog thinking
- First principles thinking: actively questioning every assumption you think you know about a given problem or scenario and then creating new knowledge and solutions from scratch.
- Reasoning by analogy: building knowledge and solving problems based on prior assumptions, beliefs and widely held ‘best practices’ approved by majority of people.
Elon Musk's 3 steps Principle Thinking
- Identify and define your current assumptions;
- Breakdown the problem into its fundamental principles;
- Create new solutions from scratch.
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Key Ideas
1:1 meetings
1:1 meetings matter. It is important to nurture that essential employee-manager relationship. But it still not easy to get right.
Under pressures, managers are still juggl...
1:1 category
The goal of an effective 1:1 is not an update from your direct report or for you to lay down some instructions. It's a conversation. It's a chance to hear about your direct reports' ideas for your product, their career goals, and possibly their opinion of their performance.
Keep a list of three potential topics ready for discussion. When they say they have nothing to discuss, you can jumpstart the conversation with one of your items.
Manager's best tool
Your most precious resource is your own time and energy. When you spend it on your team, it helps build healthy relationships.
Your job as a manager isn't to give advice or 'save the day.'' It's to empower your reports to find the answer themselves. If you want to understand what's going on, ask. Let her lead the conversation while you listen and probe.