The Insane Work Ethic of Mark Cuban,Jeff Bezos, and 14 other Powerful Leaders
The most successful of people, and likewise powerful leaders tend to work differently from the rest. Commonly, they all seem to have an insane work ethic. Apple’s employees can testify to having received emails from 4:30 am onwards form the company CEO Tim Cook. The owner of the Dallas Mavericks meanwhile shunned any vacation for seven years, while he was busy setting up his first business. Mary Barra may now be number one at GM, but it took her 33 years of work at the company to scale those heights. Amazon founder Jeff Bezos is known for his long shifts, sans holidays during the early days of Amazon. Now he directly speaks to affected customers, in order to gauge authentic business intelligence. The CEO of Renault and Nissan Carlos Ghosn covers an immense lot of miles each year to get the global business on track. Other leaders such as Michael Jordan, Sheryl Sandberg, Li Ka-Shing, Sir Martin Sorrell, Marissa Mayer, Jeffrey Immelt, Kobe Bryant, Indra Nooyi, Vince McMahon and Elon Musk have all been part of such incredible stories of work ethic.
Source:https://www.inc.com/business-insider/work-ethic-of-super-successful-people.html
Uploaded Date:03 December 2018
Physician, Disrupt Thyself
A recent book has been written by Vijay Govindarajan and Ravi Ramamurti titled Reverse Innovation in Healthcare. It touches upon several important topics such as the spiraling costs of healthcare in the US. Health insurance premiums are one of the highest in the world in the US, but in terms of benefits, it ranks 37th in the world, as per business intelligence supplied by the WEF (World Economic Forum). The solutions to USA’s problems will come from adoption of practices from India, as argued by the writers, themselves of Indian origin. This is because, though India fares poorly on the same index where USA is 37th, the challenges are phenomenal due to lower affordability rates. Narayana Health is one example of such practices being adopted, such as a driving purpose towards good. Such organizations need to have a hub-and-spoke model to provide maximum benefits. The use of technology needs to be ramped up enthusiastically. An ultra-cost-consciousness pervades such places. Focus is made on a continuous process improvement and task shifting.
Source:https://www.strategy-business.com/article/Physician-Disrupt-Thyself?gko=90272
Uploaded Date:03 December 2018
How these Leading CEOs use Questions to Drive Success
Different CEOs come up their own unique ways to drive success. Questions are one common path adopted by many. The leaders of Patagonia for example asked what they could do to make copying them a near-impossible task. At Salesforce, the founder was keen on understanding whether it was possible for any firm to sell enterprise software in a way that Amazon was doing with books. The CEO of Pixar very well understood that no business innovation, however unique could ever withstand the forces of isolation present at all levels. So, he wanted to understand how he could fight this situation. The world-famous business personality Elon Musk has a different take on the existing reality. He instead feels that such realities must always be challenged. This is what provoked him to develop his paradigm-defying innovations.
Uploaded Date:23 November 2018
A New Way to become more Open-minded
The common consensus among most people towards leaders veers towards those who are predictable and unflinching. But research indicates, that the most effective of leaders are those who think differently as Benjamin Franklin would. Such leaders can demonstrate flexibility, a trait needed both at the Congress and the C-Suite. Intellectual humility is now what most leaders need. This was published post a study conducted by the Pepperdine University. This includes the ability to recognize others’ viewpoints, ensuring against intellectually overconfident and the divorce between one’s intellect and ego. Such people would be able to develop and then implement business innovations, primarily because they are ready to challenge their own perceptions and viewpoints held.
Source:https://hbr.org/2018/11/a-new-way-to-become-more-open-minded
Uploaded Date:23 November 2018