Eliminate Bureaucratic Drag
"More people are working in big, bureaucratic organizations than ever before. Yet there’s compelling evidence that bureaucracy creates a significant drag on productivity and organizational resilience and innovation."
"The average company loses more than 25% of its productive power to organizational drag, processes that waste time and prevent people from getting things done.... This often happens as a company grows, as the tendency is to put processes in place to replace judgement."
"A myriad of studies have documented the time lost to low-value management processes, from budgeting to the performance review....[A]s much as 50% of all internal compliance activity is of questionable value."
Create Pockets of Excellence
"The average company follows a method of unintentional egalitarianism, spreading star talent across all of the roles.... Companies like Google and Apple, however, follow an intentionally non-egalitarian method. 'They select a handful of roles that are business critical, affecting the success of the company’s strategy and execution, and they fill 95% of these roles with A-level quality'...."
"In addition, rewards were applied to team performance; no one person on the team could receive an exceptional performance appraisal unless the entire team did."
"'For every member of the team that is not a star player, productivity declines'.... 'If 100% of the team is star players, productivity is extremely high.'"
Raise Workforce Engagement
"An engaged employee is 44% more productive than a satisfied worker, but an employee who feels inspired at work is nearly 125% more productive than a satisfied one.... The companies that inspire more employees perform better than the rest."
"More people are working in big, bureaucratic organizations than ever before. Yet there’s compelling evidence that bureaucracy creates a significant drag on productivity and organizational resilience and innovation."
"The average company loses more than 25% of its productive power to organizational drag, processes that waste time and prevent people from getting things done.... This often happens as a company grows, as the tendency is to put processes in place to replace judgement."
"A myriad of studies have documented the time lost to low-value management processes, from budgeting to the performance review....[A]s much as 50% of all internal compliance activity is of questionable value."
Create Pockets of Excellence
"The average company follows a method of unintentional egalitarianism, spreading star talent across all of the roles.... Companies like Google and Apple, however, follow an intentionally non-egalitarian method. 'They select a handful of roles that are business critical, affecting the success of the company’s strategy and execution, and they fill 95% of these roles with A-level quality'...."
"In addition, rewards were applied to team performance; no one person on the team could receive an exceptional performance appraisal unless the entire team did."
"'For every member of the team that is not a star player, productivity declines'.... 'If 100% of the team is star players, productivity is extremely high.'"
Raise Workforce Engagement
"An engaged employee is 44% more productive than a satisfied worker, but an employee who feels inspired at work is nearly 125% more productive than a satisfied one.... The companies that inspire more employees perform better than the rest."
Vozza, Stephanie. (2017). Why Employees At Apple and Google Are More Productive. Fast Company. Retrieved on April 3, 2017 from https://www.fastcompany.com/3068771/how-employees-at-apple-and-google-are-more-productive
Hamel, Gary and Zanini, Michele. (2016). Excess Management Is Costing U.S. $3 Trillion Per Year. Harvard Business Review. Retrieved on April 3, 2017 from https://hbr.org/2016/09/excess-management-is-costing-the-us-3-trillion-per-year
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