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Kindle Notes & Highlights
by
Julie Zhuo
Read between
June 4 - June 17, 2019
Craft a Plan Based on Your Team’s Strengths
The plan that is smartest for your team is the one that acknowledges your relative strengths and weaknesses.
Focus on Doing a Few Things Well
80/20 principle
The general idea is that the majority of the results come from a minority of the causes.
The key is identifying which things ma...
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People who achieve the most are selective as well as determined.”
When creating new products, builders must determine which features are essential and which are “nice to have.” When forming a new team, managers try to hire the leaders or “anchors” before the rest of the group.
Effort doesn’t count; results are what matter.
In the words of Apple visionary Steve Jobs, creator of the iPod, iPhone, and iPad: “People think focus means saying yes to the thing you’ve got to focus on.4 But that’s not what it means at all. It means saying no to the hundred other good ideas that there are.
Define Who Is Responsible for What
Break Down a Big Goal into Smaller Pieces
Parkinson’s law?
“Work expands so as to fill the time available for...
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Treat big projects like a series of smaller projects.
planning fallacy:6 our natural bias to predict that things will take less time and money than they actually do.
Ask people to set and publicly commit to their weekly goals—this creates accountability.
PERFECT EXECUTION OVER PERFECT STRATEGY
The best plans don’t matter if you can’t achieve them accurately or quickly enough to make a difference.
The most brilliant plans in the world won’t help you succeed if you can’t bring them to life.
Amazon CEO Jeff Bezos says, “Most decisions should probably be made with somewhere around 70% of the information you wish you had.8 If you wait for 90%, in most cases, you’re probably being slow.”
Balancing Short-Term and Long-Term Outcomes
what can you do to find the right balance?
Define a Long-Term Vision and Work Backward
Talk about How Everything Relates to the Vision
resilient organization isn’t one that never makes mistakes but rather one whose mistakes make it stronger over time.
Heraclitus, the Greek philosopher, once said: “No man ever steps in the same river twice,13 for it is not the same river and he is not the same man.”
When people don’t know you well and see that you’re in a position of authority, they’re less likely to tell you the ugly truth or challenge you when they think you’re wrong, even if you’d like them to.
At higher levels of management, the job starts to converge regardless of background. Success becomes more and more about mastering a few key skills: hiring exceptional leaders, building self-reliant teams, establishing a clear vision, and communicating well.
