Weekly Impact Brief (2023.Sep.17)
Rules of Thumb; Destructive Team Members; Compensation Dynamics; Managerial Load; and How to be happy
Note: We are in private beta. There are rough edges; this Brief will evolve in the coming weeks before we launch more broadly. We value your feedback! To share your input, click here.
Read time: 2.5 min
Welcome
It’s great to have you here!
This Brief offers leaders quick, fact-driven insights on trending articles released in the last week around leadership, innovation, and more. These are curated from top sources, such as McKinsey, Harvard, and many others, looking at elements of the Impactful Framework.
Thought Starter
Last week, we covered the element of “Feedback”; this week, we cover “Teamwork”, the bedrock of successful organisations, which harnesses individual skills, perspectives, and efforts toward a common goal.
Highlights
MIT Sloan School of Management: The Potency of Shortcuts in Decision-Making
McKinsey & Company: Some Employees Are Destroying Value. Others Are Building It. Do You Know The Difference?
Kellogg School of Management: Knowing Your Boss’s Salary Can Make You Work Harder — Or Slack Off
Gallup: The Manager Squeeze: How the New Workplace Is Testing Team Leaders
Ted Talks: On Happiness
Impact Pulse
Each week, we review 100+ articles from 50+ premier academic and consulting firm sources to highlight a few “essentials” below.
The Potency of Shortcuts in Decision-Making
CEOs make better decisions by relying on heuristics rather than conducting comprehensive data analyses.
Some Employees Are Destroying Value. Others Are Building It. Do You Know The Difference?
Companies face financial loss due to unproductive employees, divided into six archetypes and six distinct employee archetypes; tailored engagement and retention strategies can help shift employees towards higher productivity and satisfaction,
Knowing Your Boss’s Salary Can Make You Work Harder — Or Slack Off
Merit-based promotions and transparency about higher salaries improve performance in the public sector, but without a fully meritocratic system, revealing supervisor salaries can demoralize employees and decrease productivity.
The Manager Squeeze: How the New Workplace Is Testing Team Leaders
The role of managers has become increasingly challenging due to shifts in business needs, employee disengagement, and the complexities of remote and hybrid work, requiring better leadership communication, training, and community support to prevent burnout and improve job satisfaction.
Featured Summary
Below are our featured insights for the week; a series of Ted Talks explore Happiness's multifaceted nature and meaning, some particularly relevant in the context of work.
Ted Talks On: Happiness
The nature of happiness is multifaceted; "synthetic happiness" is as legitimate as "natural happiness," freedom to choose can inhibit happiness, "flow” experience is important for emotional well-being, seeking social connection and intrinsic rewards rather than material gains can offer a more effective path to happiness.
Lighter Side
As usual, let's end on a light note!
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Parting Thoughts
Thank you for spending your precious time with us.
We are still in early “beta” mode for the coming weeks. If you find this Brief useful, please forward it now to share it far and wide!
Please feel free to reach out with any thoughts or questions that today’s insights might have sparked.
Impactfully yours,
Ali Monadjem (LinkedIn profile)
For The Impactful Executive Team
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