Tomasz Tunguz - Redpoint
Why Managing For Progress is So Important
(original post from Tunguz's blog)
Key Points:
- Great managers focus on progress.
- Feeling fulfilled at work comes from meeting goals
- Good managers craft roles and positions that enable this goal oriented fulfillment
- Loss aversion suggests that failing diminishes happiness by twice as much as succeeding increases it
Tunguz's conclusion:
Progress is the antidote to burnout. As a leader you should work to increase individual's win:setback ratio. This will increase team happiness and general well being.
Takeaway:
- Put people in positions to succeed more than they fail.
- Actively craft roles and systems that promote goal oriented success.
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