Jane K.

@jan_jkk760

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Interested in leadership and management. Avid reader.

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Stashing since Nov 11, 2020

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99 Stashed Ideas

Employee departures are common

Millions of people voluntarily leave a job every month, we still consider it taboo.

Many companies still think that employees will stay for 10, 20, or 30 years if they take care of their employees. But it is a myth. Today's workforce doesn't just show up to pay the bills. They're working toward bigger career goals that will eventually lead them elsewhere.

@jan_jkk760

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Career

Geoff Colvin
“The best performers set goals that are not about the outcome but about the process of reaching the outcome.”
  • Exploration: The focus is on experimentation, risk-taking, discovery, and innovation. People who thrive here are more flexible and comfortable with uncertainty.
  • Exploitation: The focus is on execution, refinement, and efficiency. Successful people are good at weighting options and making optimal choices.

Startups are in the exploration phase and change to the exploitation phase when they become mature businesses. It can be a costly mistake when they are unwilling to switch back when needed.

Rewarding To Maximize Motivation

The expectation of rewards may decrease the spontaneous interest in the activity to be rewarded. So it’s important to understand what the rewards should be and how they should be awarded to avoid this side effect.

Rewards should go beyond the usual healthcare and salary raise to provide a good work environment. The ideal is a corporate culture that recognizes good employees with nice perks and words of encouragement, but also provides a setting where people can grow, be heard, take ownership of their work and feel they have a purpose. 

Disruptive companies are gold

Disruptive companies are well-liked by investors and stakeholders, in this tough and cutthroat industry.

According to a study, 70% of startups fail, usually within two years of operation.

The Perception of Ambition

A healthy dose of ambition and drive is no doubt the key to success.

Defined as striving of an individual for status and achievement, ambition is particularly rampant in the corporate world, with managers wanting to climb up to the top of the corporate ladder.

Being the knower

... or always being right is heavy armor. It translate into defensiveness and posturing. This is very common and most of us have some degree of knower in us.

Needing to know everything is a sad experience for the knowers and everyone around them, because it leads to distrust, bad decisions, and unnecessary, unproductive conflict.

How employees perceive leaders

Recent surveys have shown that employees can be grouped in two main categories, according to their perception of a new leader:

  • Warriors: they evaluate your knowledge, know-how and if you are really able to help them
  • Worriers: they focus on the leadership approach that the new leader has designed for the company.

When taking over a management position, planning your transition as well as paying attention to the way you behave with the others are aspects that need to be taken into account.

1800: Jefferson and Adams

The outcome was so bizarre, the United States had to amend the Constitution.

  • The election of 1800 saw Thomas Jefferson tie with his Democratic-Republican "running mate" Aaron Burr. Both had 73 votes to Adams' 65.
  • Alexander Hamilton, the nation's first treasury secretary and founder of the Federalist Party, started a campaign to convince the Federalists to vote for Jefferson the lesser of the three evils.
  • After casting 35 ballots in a week, the House of Representatives finally voted to name Jefferson the victor. However, the rivalry between Burr and Hamilton continued for three years before Burr killed Hamilton in a duel.
When Employees are Learning

Learning as an adult can be challenging. Leaders need to foster an environment of psychological safety among its workforce that is in the midst of re-skilling itself.

It helps if leaders increase their levels of humility and empathy, focusing more on enabling the best in the employees.

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