From 600+ conversations with the world’s leading thinkers.
What they meant was, 'Do you have someone at work with whom you can discuss personal matters?' Only 30% of workers affirmed they had such a connection at work. However, this 30% demonstrated significantly higher job engagement, superior performance, and less likelihood to leave their job for a more enticing offer.
Customer retention is the solitary metric indicating product-market fit. If you offer value, your customers will return; if you don't, they'll disappear.
Alibaba's vision statement includes a mention of how long it wants to last, and that is specifically 102 years. Jack Ma wanted Alibaba to be the only internet company that spanned three centuries.
In a bit of a unique proposition, this exchange was created before the ecosystem existed. When you look at the growth and development of WTI, you have Houston which has production, New York which provides financing, the refineries on the Gulf Coast, the traders, marketers, banks and many other pieces of the puzzle which are already there. The DME was a bit of a unique experiment, we created an exchange before all parts of the ecosystem were in place.
The miracle of capitalism is that if you have a central government trying to solve something, it will come up with one averagely optimal solution for everybody. And capitalism will come up with 10 different solutions to the same problem.
individuals throughout an organisation are usually far more passionate and committed to the organisation than in most for-profit companies
Focus is critical when you are building a business. The whole NFT industry is moving incredibly quickly. What happens in a month in the crypto-world, may take a couple of years in other industries.
Much jitteriness in this recent crisis has come down to 'flying blind' – where investors and risk managers have been caught somewhat unaware, and do not have the visibility to make decisions with support.
At WeWork, we believe creators are anyone that's pursuing their passions and contributing to a mission. You may be an artist who is working on an innovative new project, a freelance software engineer providing client services or a director of HR at a Fortune 500 company that's trying to build a dynamic work environment for employees – regardless of your company size, title or function, you are working towards creating meaning, intention and purpose within your life.
What I like the most and essentially is never done is to start off a negotiation by talking about how you'll negotiate, what's the process going to be? And to say things like 'my goal in this negotiation is to reach an agreement with you in which we create a giant pie and split it evenly.'
The basics of this are to understand what your interests actually are and what your priorities are—what your hierarchy of interests is. What are the things that really matter to you? What are the things on which you can be prepared to compromise?
However, if the supply is infinite, (that's true of emails), then you're never actually going to get that position of mastery over time. What's going to happen is that you just get busier and busier and move faster and faster!