Radical Transparency?
Sounds crazy? It worked for a HUGELY successful hedge fund company! https://www.cnbc.com/2017/09/12/bridgewaters-ray-dalio-the-leadership-strategy-behind-my-success.html
Posts
Disease of Bureaucracy?
Elon Musk of TESLA, and the CEO of JP Morgan/Chase Jamie Dimon talk about the 'disease of bureaucracy' and why most meetings are a waste of time. (Thanks to Kevin Dearing!) https://www.thestreet.com/world/teslas-elon-musk-joins-jpmorgan-chief-dimon-in-rejecting-bureaucratic-meetings-14559824?puc=yahoo&cm_ven=YAHOO&yptr=yahoo Most notably, JPMorgan Chase & Co. ( JPM - Get Report ) CEO Jamie Dimon said in his most recent letter to shareholders that "bureaucracy is a disease." "Bureaucracy drives out good people, slows down decision making, kills innovation and is often the petri dish of bad politics," Dimon wrote. "Large organizations, in fact all organizations, should be thought of as always slowing down and getting more bureaucratic. Therefore, leaders must continually drive for speed and accuracy to eliminate waste and kill bureaucracy . When you get in great shape, you don't stop exercising." Dimon sa
What Makes You A Winning Organization?
Another outstanding contribution from Dan Greenberg... What Makes You A Winning Organization? Recently, I’ve been ruminating on the practices that make employees want to remain at their job and not jump to another company. Having worked in soul-sucking and soul-enriching situations, I’ve seen it both ways. Here are some of the attractions that keep me coming back. Hiring The old adage is not to put all your eggs in one basket but I say put them all and then some into this basket. My current employer requires every candidate no matter the position to meet with two of the partners before they are hired. If the partners don’t approve, they don’t get the job. Over and over again at prior jobs, I’ve seen hiring take a backseat and I’ve heard both on and off the record some form of “we’ll hire any old schmoe and coach her or him into an all star”. It’s no surprise that this just leads to a culture of mistrust and underwhelming performance because standards of hiring were s