Madhaven Ramanujam, Georg Tacke
We have not found a single market where customer needs are homogenous. Yet, time and time again, companies design products for the average customer.
Content: Quotation | Authors: Georg Tacke, Madhaven Ramanujam | Source: First Round Review | Subjects: Innovation, Management, Marketing / Sales
Jeff Bezos
Sometimes (often, actually) in business, you do know where you’re going, and when you do, you can be efficient. Put in place a plan and execute. In contrast, wandering in business is not efficient … but it’s also not random. It’s guided – by hunch, gut, intuition, curiosity, and powered by a deep conviction that the prize for customers is big enough that it’s worth … [ Read more ]
Content: Quotation | Author: Jeff Bezos | Subjects: Innovation, Management | Company: Amazon.com Inc.
3 Management Myths That Derail Startups
In their work with more than 10,000 startup leaders across 70 countries, the authors identify three common management myths among startup leaders looking to grow their companies: the myth of scaling without hierarchy, the myth of structural harmony, and the myth of sustained heroics.
Content: Article | Authors: Josh Yellin, Martin Gonzalez | Source: Harvard Business Review | Subjects: Entrepreneurship, Management, Organizational Behavior
Annie Duke
Goals are great — as long as you have thought in advance about what would make it so that you wouldn’t pursue that goal anymore.
Content: Quotation | Author: Annie Duke | Source: First Round Review | Subjects: Goals, Management
Annie Duke
When we look at success stories that were a long time in the making, there’s a temptation to say sticking to it is just good — full stop. But the problem is that the grit that allows us to power through will also get us to stick to things that aren’t worthwhile. Success comes from sticking to the stuff that’s working and quitting the rest. … [ Read more ]
Author: Annie Duke | Source: First Round Review | Subjects: Management, Personal Development
Three Things All New Managers Should Be Doing
New managers typically receive no training for their new role. Wharton’s Peter Cappelli discusses three common struggles and how to avoid them.
Content: Article | Author: Peter Cappelli | Source: Knowledge@Wharton | Subjects: Human Resources, Management, Organizational Behavior
Why the 5 core elements of “psychological safety” are essential for career and company
Without authenticity, curiosity, and risk-taking we get stuck in the mud — here’s how to make space for resilient progress.
Content: Article | Author: André Radmall | Source: Big Think | Subjects: Culture, Management, Organizational Behavior
Layoffs Can Be Bad Business: 5 Strategies to Consider Before Cutting Staff
Many companies are quick to reduce headcount when economic headwinds appear, but they risk weakening their businesses. A case study explores the hidden costs of layoffs.
Content: Article | Authors: Ben Rand, Sandra Sucher | Source: Harvard Business School (HBS) Working Knowledge | Subjects: Human Resources, Management, Organizational Behavior
Massella Dukuly
Lack of delegation and an inability to understand where you truly add the most value can derail meaningful growth opportunities for your team, cause unnecessary burnout and stress, and ultimately impact how well your company scales.
Content: Quotation | Author: Massella Dukuly | Source: First Round Review | Subject: Management
Shivani Berry
I have to constantly remind myself: When I don’t delegate, I take away an opportunity for my team to grow.
Content: Quotation | Author: Shivani Berry | Source: First Round Review | Subject: Management
Colleen McCreary
I’m constantly thinking about who is ready to replace me and where the gaps are. It’s not because I’m planning to leave, but it forces me to think deeply about the strengths I’m trying to develop, how to coach better business relationships, or who needs new exposure and opportunities.
Content: Quotation | Author: Colleen McCreary | Source: First Round Review | Subjects: Management, Personal Development
Jenna Klebanoff
Without the business context on why you’re doing the tasks you’re doing, you’re just not going to be as motivated or excited. I want to ensure that my team knows and believes that every single thing they are doing is driving value for the business. So I do my best to invite them to the meetings when possible, and when it’s not possible, give the … [ Read more ]
Content: Quotation | Author: Jenna Klebanoff | Source: First Round Review | Subject: Management
4 Reasons Why Managers Fail
Gartner research has found that managers today are accountable for 51% more responsibilities than they can effectively manage — and they’re starting to buckle under the pressure: 54% are suffering from work-induced stress and fatigue, and 44% are struggling to provide personalized support to their direct reports. Ultimately, one in five managers said they would prefer not being people managers given a choice. Further analysis … [ Read more ]
Content: Article | Authors: Jonah Shepp, Vitorio Bretas | Source: Harvard Business Review | Subjects: Human Resources, Management, Organizational Behavior
Marshall Goldsmith: Powering Up Positivity
Looking for a quick way to give your team a productivity boost? Start by eliminating negativity.
Content: Article | Author: Marshall Goldsmith | Source: Chief Executive | Subjects: Management, Organizational Behavior, Personal Development
Gerry Hansell, Jeff Kotzen, Eric Olsen, Alexander Roos, Eric Wick, Ed Newman, Hady Farag
The theory that value creation comes solely from the act of making positive net present-value investments is of limited use in most modern public companies. Fundamentally, investors price a company’s shares on the basis of their views of the underlying business and the attractiveness of the available reinvestment opportunities. Because such expectations are priced into the stock today, the real value creation task confronting leaders … [ Read more ]
Content: Quotation | Authors: Alexander Roos, Ed Newman, Eric Olsen, Eric Wick, Gerry Hansell, Hady Farag, Jeff Kotzen | Source: Boston Consulting Group (BCG) | Subjects: Finance, Management
Flawed Feedback: The Problem with Peer Reviews
People leverage 360-degree feedback systems and peer evaluations for personal gain.
Content: Article | Authors: Helge Klapper, Henning Piezunka, Linus Dahlander | Source: INSEAD Knowledge | Subjects: Human Resources, Management, Organizational Behavior
Failing Well: How Your ‘Intelligent Failure’ Unlocks Your Full Potential
We tend to avoid failure at all costs. But our smarter missteps are worthwhile because they can force us to take a different path that points us toward personal and professional success.
Content: Article | Authors: Amy Edmondson, Michael Blanding | Source: Harvard Business School (HBS) Working Knowledge | Subjects: Management, Success / Failure
Sam Corcos
Content scales, your time does not. Try to do more things in the form of content.
Content: Quotation | Author: Sam Corcos | Source: First Round Review | Subjects: Delegation, Management, Productivity / Work Tips
Tim Ferriss
Never automate something that can be eliminated, and never delegate something that can be automated or streamlined. Otherwise, you waste someone else’s time instead of your own, which now wastes your hard-earned cash.
Content: Quotation | Author: Tim Ferriss | Source: First Round Review | Subjects: Delegation, Management, Productivity / Work Tips
W. Brian Arthur
Adaptation doesn’t really exist as a quality on its own. Adaptation lies in having at the ready a repertoire of available responses… Adaptation means having a tool kit of backup preparedness: people, plans, responses, ideas, possibilities, attitudes, and equipment that allow you to construct solutions quickly.
[…]
Adaptation requires a mindset that deals with uncertainty. That’s not a mindset so much of seeking ever-increasing profits and … [ Read more ]
Content: Quotation | Author: W. Brian Arthur | Source: McKinsey Quarterly | Subjects: Management, Organizational Behavior
