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Issue 304  13th August 2023

What Makes Some People More Productive Than Others

Three general patterns stood out: First, working longer hours does not necessarily mean higher personal productivity. Working smarter is the key to accomplishing more of your top priorities each day. Second, age and seniority were highly correlated with personal productivity — older and more senior professionals recorded higher scores than younger and more junior colleagues. Third, the overall productivity scores of male and female professionals were almost the same, but there were gender differences on particular habits that promote personal productivity.

^ADJ: My favourite tips include: - planning the day and week ahead, optimise for balance between meetings and getting my own work done - set routines - identifying early on what success looks like and continually using as a reference point

hbr.org

Why transformative artificial intelligence is really, really hard to achieve

Humans have a good track record of innovation. The mechanization of agriculture, steam engines, electricity, modern medicine, computers, and the internet—these technologies radically changed the world. Still, the trend growth rate of GDP per capita in the world's frontier economy has never exceeded three percent per year.

^ADJ: Key message: "broad swaths of society will require first-rate human ingenuity to realize the promise of AI."

thegradient.pub

How Company Culture Shapes Employee Motivation

In a recent strategy meeting we attended with the leaders of a Fortune-500 company, the word “culture” came up 27 times in 90 minutes. Business leaders believe a strong organizational culture is critical to success, yet culture tends to feel like some magic force that few know how to control. So most executives manage it according to their intuition.

hbr.org

How to Leverage the Power of Pricing Psychology for Profitable Revenue Growth

Pricing psychology is a strategic approach many businesses use to influence consumer behaviour and optimise pricing strategies by leveraging psychological principles. It recognises that consumers are not entirely rational when making buying choices and are often influenced by emotional and cognitive factors. By aligning pricing strategies with consumer psychology, businesses can tap into the subconscious triggers that drive buying behaviour to make more profitable pricing decisions.

^ADJ: Some great reminders in this article

medium.com

Divide and Conquer: Mastering the Art of Spin-Outs

Every founder with a stroke of success gets a twinkle in their eye at the thought of running an incubator. It's like a modern-day Willy Wonka running a factory of innovation instead of chocolates … and without the questionable child labor​​.

substack.com
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