My learnings from The Fish That Ate The Whale about Sam Zemurray: Fire people who can’t get the job done, and replace them by people who can. Fast decisions. Don’t nibble. Get things done. Get your hands dirty. Work hard. Go out to the fields with the machete. “We are here, they are there.” Make…
Tag: Effectiveness
The efficiency trap
Efficiency is often confused with effectiveness. It can be a trap. “Efficiency is doing things right; effectiveness is doing the right things.” Peter Drucker You can be efficient in doing the wrong things. You can be efficient in doing things you shouldn’t even do. You can efficiently waste your time. Too often, I make the…
Google is your friend
It’s an essential habit for the 21st century. A principle I have to learn and re-learn: No matter what challenge you have, anything. Google is your friend! Have a problem with your computer? Google it and find a solution. Don’t know how to disable the answering machine? Google the manual and get it done. Annoyed…
The Power of Defaults
You can 9x your results by choosing the right default, as shown by organ donation statistics: If people need to check a box to not donate (“opt-out”), the consent rate is between 85% and 99%. If people need to check a box to donate (“opt-in”), the consent rate is between 4% and 27%. “Opt-in” vs….