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The Tom Brady Principle: Don’t Promote Your Best People

Creating paths for coaches

If we want more diversity, we need to change our assumptions that being ranked higher in a company should be the overall target. Being promoted is not always the best way to unlock potential and innovation.

We need more companies that want to let their best performers stay on the field and create paths for the leaders to inspire those stars.

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The Tom Brady Principle: Don’t Promote Your Best People

The Tom Brady Principle: Don’t Promote Your Best People

https://medium.com/betterworkingworld/the-tom-brady-principle-dont-promote-your-best-people-e924fa308550

medium.com

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Key Ideas

Talent management

After Tom Brady won his first Super Bowl in 2001, New England Patriots owner Robert Kraft promoted Tom to General Manager because they wanted to see him grow with the organization. In the corporate world, it is known as talent management.

Research from Ernest O’Boyle and Herman Aguinis shows that high performers have much higher levels of impact than average performers.

Climbing the ladder

A 2016 McKinsey report laid out that only 40% of women and 56% of men desired to become a top executive in a company. It could be because the climb is exhausting since the range of expertise and skills has expanded. It means that today's leaders need to meet an almost impossible set of requirements.

We are requiring today’s leaders to be the best player on the team, the coach, general manager, and CEO. Instead of attracting people who want to lead, we attract the narcissists that are motivated by money, power, and status.

Creating paths for coaches

If we want more diversity, we need to change our assumptions that being ranked higher in a company should be the overall target. Being promoted is not always the best way to unlock potential and innovation.

We need more companies that want to let their best performers stay on the field and create paths for the leaders to inspire those stars.

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The wrong questions
The wrong questions

Some questions are too easy to fake, for example, "What's your greatest weakness?" Other questions like brainteasers reveal more about the manager than the candidate.

Behaviora...

The wrong criteria

Some managers favor candidates who went to the same school. There's also evidence that African-American sounding names, birthmarks, being pregnant, and being overweight puts candidates at a disadvantage.

To overcome this bias, identify the key skills and values in advance, then create a standard set of behavioral and situational questions to ask every candidate. Doing this can triple the manager's accuracy in predicting job performance.

Favoring the best talkers

College seniors often stretch the truth in interviews to make a better impression. Be aware that when you meet someone for the first time, you meet their representative.

An antidote could include to let them showcase their skills by collecting a work sample. It might be a project they've done in the past or a live simulation of the job in real-time.

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Forever Employable: Brand Yourself
Forever Employable: Brand Yourself

As we climb up the corporate ladder, there are fewer options available, and a mid-life crisis of the corporate world comes. The reason is that the same skills that got a person hired as a young gra...

Reimagine the Second Half of Your Career

There are five core concepts to keep in mind as you think about the second half of your career:

  • The entrepreneurial mindset : Your life is not to be sold to a person who can give you a monthly paycheck (however large it is) but has to be moulded and perfected so that it becomes your business.
  • Self-confidence: It may seem like everything related to management, digital transformation, marketing and sales has been told already, and sharing your own experience would not be something new. What is to be understood is that your own experience has a unique value, which no one has or can steal from you.
  • Continuous learning: Staying curious and well informed will help you to shape your brand.
  • Continuous improvement: Being enthusiastically skeptical is a great strategy for a constant endeavour to improve oneself, and finding a better way to do one’s task.
  • Reinvention: Being forever employable means that you have to reinvent the core aspects of yourself.
Diversity & Inclusion
Diversity & Inclusion

There is a significant relationship between competitive profit gains and diversity.

Companies with gender, ethnic and racial diversity are at least 15 percent more likely to experience...

5 Lessons for Managing D&I
  • Recognize the Shift in Global Understanding of D&I.  Diverse thinkers come from a variety of different backgrounds.
  • Build an Inclusive Environment. All people are encouraged to draw upon their unique experiences, perspectives and backgrounds to advance business goals.
  • Use Multiple Practices and Measures.  Have solutions in place to monitor and retain a talented and diverse workforce.
  • Ensure Leaders Model Diversity and Inclusion. It sets the tone for the rest of the organization to follow suit.
  • Recognize the Connection Between Innovation and D&I. Diversity and inclusion increase innovation and reduce business risk.

Cognitive Diversity

The concept of cognitive diversity focuses on diversity of thinking and is composed of four dimensions:

  • Perspectives. People represent situations in different ways
  • Interpretations. Through diverse interpretations, teams can discover multiple resolutions.
  • Heuristics. People resolve issues in different ways.
  • Predictive models. Some analyze, and others look for a story. Both are useful for discovering workplace solutions.
Happiness and struggle
Consider the question: What are you willing to struggle for? Because that seems to be a greater determinant of how our lives turn out. Happiness requires struggle. The positive is the side...
Comparison vs. First Principles Thinking

Comparison Thinking (reason through analogy)

When you make decisions and judgement calls based on what you or others have experienced. An easy mode of thinking but also

Advantages of First Principles Thinking
  • Allows for a more personal, customized mode of thinking and application.
  • A key to doing any sort of systemic inquiry.
  • Even though it does take far more mental energy to work in this mode, the results can be quite staggering.
  • A new and innovative way of thinking.
Applying the First Principles Thinking

Identify the Problem

What is something that I want to change in my life?

Deconstruct the Problem

What are the causes of my problems? How does it affect my life?

Solve the Problem

Start creating your new framework. You could think of multiple ways to achieve your goals easily.

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Make space to create meaning

Provide digital self-assessment tools and the types of personal exploration exercises that facilitate reflection.  

These mechanisms can help employees identify personal sources...

Provide the right amount of structure

Formal employee programs and activities, such as rotational opportunities, innovation labs, reverse mentoring and milestone experiences, can help employees build deeper, more diverse relationships while promoting growth.

Build strong teams

Deepening relationships is a key source of fulfillment.

Shared experiences help employees come together in ways that build meaningful connections and trust. Activities that provide a common purpose — such as an escape room game or a hackathon — are especially effective.

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"Rich Dad, Poor Dad" is Fiction

John T. Reed, a real estate investor, looked into the accuracy of Kiyosaki's best-selling book and found it inaccurate:

  • The Rich Dad is most likely an invention. ...
"Rich Dad, Poor Dad" contains dangerous advice

According to John T. Reed the famous book is filled with bad advice:

Dangerous advice

  • "If you're gonna go broke, go broke big"
  • Convinces people that college is for suckers

Law-breaking advice

  • Advocates committing a felony: have rich friends for trading stock based on non-public inside information, he says "That's what friends are for."
  • Recommends tax fraud by deducting vacations and health club dues
  • Brags about using a partner weasel clause in which his cat is his partner
Kiyosaki is making money from a personality cult

Many critics pointed out that Kiyosaki is selling a cult, not financial advice.

He is accused of tapping into the fantasies of the masses & being short on specifics, both attributes of religious cults.

Self-Care Is Not One-Size Fits All

You have to start giving up most of your vices in order to truly dedicate yourself to self-care and to larger causes. But there are healthy indulgences we can enjoy.

These are ...

Self-Care Is Difficult

It is much easier for us to make decisions that feel good right now (“quick-fixes”) than it is to have the discipline to make decisions that may suck now but feel really great later.

Self-care can be really hard because it’s a long-term play. But your well-being is worth the trouble. 

Self-Care Is Not Self-Indulgence
  • Self-indulgence is the “excessive or unrestrained gratification of one’s own appetites, desires, or whims. Self-indulgent behaviors alter our mood or provide us with a means of temporary escape.
  • Self-care yields you long-term benefits without causing harm. And in a way, it’s a selfless act as it will make you a more engaged and impassioned person. 

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The Peter Principle and Occupational Incompetence
The Peter Principle and Occupational Incompetence

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Different Competencies

The skills that made a great performer excel, the aggression and the drive, did not translate well when the same performer was in charge of a team, where other skills like people management come into play.

The best teacher of the school cannot be simply promoted as a school principal.

Hiring The Right Person

A manager wouldn’t be able to handle a team of specialists (like Doctors or Scientists) efficiently, without any direct experience. This makes excelling at the current role a huge requirement for anyone being hired as a manager.

A fine balance between the two aspects is required while hiring, with one option being to change the hierarchy of the company itself. The person can be promoted without a typical career ladder, and continue to do his current role, which he is doing well.

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An Uncertain Future
  • The past decade gave rise to the 'Gig' economy, spawning one-click app-based transactions.
  • Artificial Intelligence and automation are further transforming how people live and work.
Future Proof Your Career

Future-proofing your career to stay relevant isn't about learning how to code or going back to college.

It is about having a career plan with a long-term vision, taking into account the current job-market conditions, economic factors, emerging opportunities, personal interests, and family realities.

Shrinking Life Cycle of Jobs

A life cycle of a job is shrinking rapidly, and if you're not re-inventing yourself or pivoting on time, you are rendered out of work sooner than in the past decades.

We need to check our career plan and ask ourselves what skills need to be developed to pursue future opportunities, in this shifting economy.

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