Mismatch of Risk Appetite When Hiring | Ep 792

Transitioning into a leadership role is a time of excitement and uncertainty. According to leadership development consultant Michael Watkins, whether you thrive or falter in your new role depends on your actions early on. In The First 90 Days, Watkins provides a roadmap for making your job transition smooth and rewarding. You’ll learn how to avoid common pitfalls by gathering critical information, building strong relationships, and achieving initial successes. If you follow Watkins's advice, you’ll be ready to ease into your new role with confidence and start creating positive momentum for your career and your company.

In this guide, we’ll review Watkins's guidelines on quickly assimilating and making an impact in your new role. We’ll also consider how other business leaders’ perspectives on management compare with Watkins's—including ideas from Gino Wickman in Traction and Julie Zhuo in The Making of a Manager.

Do you feel like the job market is changing faster than ever? Does job stability seem like a thing of the past? In The Startup of You, LinkedIn co-founder Reid Hoffman and entrepreneur Ben Casnocha argue that to build a successful career in the modern world, you must approach your career as if it were a startup company—something that’s always growing and adapting. By applying principles of entrepreneurship to your career, you can overcome unexpected career obstacles and react quickly to opportunities.

In this guide, you'll learn about the changes to modern work and how to approach your career as if it were a startup company using three entrepreneurship tactics. We’ll supplement Hoffman and Casnocha’s strategies with those of other business professionals and provide suggestions on how to apply their strategies to your career.

Zero to One is entrepreneur and venture capitalist Peter Thiel’s unconventional advice for technology startups. Thiel, co-founder of PayPal and the first outside investor in Facebook, argues that technology has stagnated. Most new companies improve incrementally on existing products, but Thiel argues that the most valuable and game-changing startups create something new. They move the world from zero to one. Creating new things is not only the best path to profits—it’s also the only path for human progress. In this guide, we’ll compare Thiel’s perspective with W. Chan Kim and Renée Mauborgne’s Blue Ocean Strategy, Geoffrey Moore’s strategy for high-tech startups, and the insights of other innovation experts.

Most of us assume financial success depends on education and intelligence. But in The Psychology of Money, finance expert Morgan Housel presents an alternate hypothesis: The key to financial success lies in understanding human behavior. Housel posits that when you understand how emotions and beliefs influence your financial decisions, you’ll make better financial decisions.

In this guide, we compare Housel’s advice with that of other finance experts and supplement his ideas with concrete recommendations. You’ll learn why people fail to achieve financial success and what’s behind your desire for money. You’ll also learn what to include in a financial strategy, how to create one you can follow for decades, how to follow it through those decades—and how to pay attention to the information you need to do so.

Do you feel like the job market is changing faster than ever? Does job stability seem like a thing of the past? In The Startup of You, LinkedIn co-founder Reid Hoffman and entrepreneur Ben Casnocha argue that to build a successful career in the modern world, you must approach your career as if it were a startup company—something that’s always growing and adapting. By applying principles of entrepreneurship to your career, you can overcome unexpected career obstacles and react quickly to opportunities.

In this guide, you'll learn about the changes to modern work and how to approach your career as if it were a startup company using three entrepreneurship tactics. We’ll supplement Hoffman and Casnocha’s strategies with those of other business professionals and provide suggestions on how to apply their strategies to your career.

Zero to One is entrepreneur and venture capitalist Peter Thiel’s unconventional advice for technology startups. Thiel, co-founder of PayPal and the first outside investor in Facebook, argues that technology has stagnated. Most new companies improve incrementally on existing products, but Thiel argues that the most valuable and game-changing startups create something new. They move the world from zero to one. Creating new things is not only the best path to profits—it’s also the only path for human progress. In this guide, we’ll compare Thiel’s perspective with W. Chan Kim and Renée Mauborgne’s Blue Ocean Strategy, Geoffrey Moore’s strategy for high-tech startups, and the insights of other innovation experts.

Why do some companies thrive while others fail? Better timing? Better ideas? Good luck? According to business leaders Larry Bossidy and Ram Charan, the difference is execution—the dynamic practice of linking a company’s people, strategy, and goals to achieve results. In Execution, they explain that great leaders drive execution by constantly seeking accurate information about company operations, assessing progress toward big-picture goals, and supporting free-flowing communication. When leaders execute effectively and are actively involved in the company at ground level, they create a performance-oriented culture and keep everyone’s efforts focused on the goals that matter most.

In this guide, we’ll review Bossidy and Charan’s principles for powerful leadership and consider other authors’ ideas that support (and sometimes challenge) their assertions. We’ll also connect their theoretical principles to actionable tools and techniques you can use to propel your company toward more success.

What do master chess players and master businesspeople have in common? Both always plan five steps ahead. In Your Next Five Moves, entrepreneur Patrick Bet-David argues that what distinguishes exceptional business leaders from average ones is their ability to anticipate future events and plan effectively for them—ideally by thinking five steps ahead. To turn you into a master business planner, Bet-David presents five strategic steps you must start taking now: learn about yourself, improve your problem-solving skills, create a winning team, expand your business, and position yourself as an industry leader.

In each step, we’ll describe how you can enhance your ability to strategize for long-term success. We’ll also connect Bet-David’s ideas to those of other entrepreneurs and business leaders, such as Eric Ries (The Lean Startup) and Gino Wickman (Traction), so you get the greatest insight on how to build a successful long-term strategy for your business.