👋 Hello everyone,
Rory Vaden said, "Success is never owned, it is rented, and the rent is due every day."
Here are some resources you might have missed:
📚 Book Summary:
This week's book is "Stumbling on Happiness" by Daniel Gilbert.
If you are curious about how the human brain works, particularly how poorly our imagination can predict the future, or why we are so bad at taking others' good advice, this book is for you.
One of my favorite takeaways from the book is this:
"Because experiences are inherently ambiguous, finding a positive view of an experience is done well and often. Racetrack gamblers evaluate their horses more positively when they are leaving the betting window than when they are approaching it. Same with voters. Objects are fine on their own, but they are instantly finer when they become *our* objects. People are adept at finding a positive way to view things once those things become their own."
✅ Actionable advice:
Encourage your team to take ownership of their projects and tactical decisions. When people invest time and effort and feel ownership, they favor their bets positively. However, as a leader, ensure people don't continue investing in something solely because of the resources they've already committed, making it hard to change strategies. Promote strategic flexibility and adaptability. This is Amazon's daring to invest in AWS and Microsoft's investing in Azure. Both challenged their previous experiences as leaders of the world's biggest e-store and desktop operating systems, for then pivoting to be more profitable in the cloud services.
🧠 5 things I'm thinking about (January 24, 2025)
1.Finalizing QBR Q4 Report
2.Leadership Update on FY26
3.Business Group Roll-out
4.Revising Kanban system
5.Learnings from Masterclass.com
Reading "How Will You Measure Your Life" by Clayton Christensen
Have a great week!
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