EPISODE 10
How To Futureproof Your Business
Your number one responsibility as a leader is to futureproof yourself, your people, and your business. But where do you begin? Who do you coach? Who do you manage? And who do you let go? In this episode, we break down the characteristics of A-players, B-players, and C-players - also known as the top performers, the core contributors, and the underperformers in your organization - and we’ll share strategies for managing each group effectively. Using Pareto’s Law and Price’s Law, we’ll reveal how just a handful of people can disproportionately shape your organization’s success and productivity.
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Price's Law
Few contributors produce most work, focus on their growth.
A-Players, B-Players, and C-Players
Recognize and manage A-players, B-players, and C-players.
Futureproof Yourself, Your People, and Your Business
People-focussed strategies for long-term success.
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COVERED IN THIS EPISODE
✔ Pareto Law Background Story (Vilfredo Pareto Law, 80-20 Rule)
✔ The Importance Of Price's Law (Derek J. de Solla Price)
✔ How To Optimize Productivity
✔ Price's Law Model Breakdown (Asymmetry between Productivity and Results)
✔ How to Treat the Top Performers in Your Company (A-Players)
✔ How to Treat the Core Contributors in Your Company (B-Players)
✔ How to Treat the Underperformers in Your Company (C-Players)
✔ A.C.T - Accept, Change, Terminate: The Solution to Underperformers
✔ The 3 R's to Retain Top Performers in Your Organization
✔ The 3 S's to Develop the Core Contributors in Your Organization
✔ How You Can Light Fires Within People (Motivate and Drive as a Leader)
✔ S.P.A.R.K - The Secret of the Top Leaders in Business
✔ The Secret Answer to Futureproofing Yourself, Your People, and Your Business
