Gilad Jacobs on the Evolution of Normatec: Lessons in Persistence and Innovation

ENTREPRENEUR – Normatec is a compression boot that was originally designed as a rehabilitation tool for celebrities and elite athletes, but has become increasingly popular for everyday people. Hyperice, the parent company of Normatec, recently launched the Normatec Elite, a wireless version of the compression boot that eliminates the need for external hoses and control units. Normatec founder Gilad Jacobs said he learned valuable entrepreneurial lessons from his mother, including never giving up, focusing on goals for the next two weeks, and valuing hard work over smarts.

By JON BIER | JUL 16, 2024
Read the original article at ENTREPRENEUR

News

Rethinking Meritocracy: Challenges and Solutions for Corporate Firms

NYTIMES – JUN 10 – Corporate firms are reexamining the concept of meritocracy, recognizing its potential pitfalls and biases. Leaders are finding that merit-based systems often overlook diverse talent and perpetuate inequality. To address this, companies are implementing more inclusive practices, such as blind recruitment processes and diverse hiring panels. Emphasizing holistic evaluations, they consider a wider range of skills and experiences. This shift aims to create a fairer, more equitable workplace, ultimately fostering innovation and improving business outcomes by leveraging diverse perspectives.

By Sarah Kessler | JUN 10, 2024

Read the original article at The New York Times

Listen More, Say More: Duhigg and Saunders’ Surprising Communication Strategies

Charles Duhigg, author of “Supercommunicators,” introduces an unconventional communication strategy called “looping for understanding.” This three-step process involves asking a good question, repeating back what you heard in your own words, and asking if you got it right. By emphasizing active listening and confirmation, this approach can help businesses improve internal communication and client relationships, potentially outperforming larger competitors in customer satisfaction and team cohesion.

Time management coach Elizabeth Grace Saunders proposes a counterintuitive approach of overcommunicating to save time. She suggests acknowledging receipt of messages quickly and clarifying time frames upfront. This strategy can help organizations reduce misunderstandings and improve efficiency, giving them an edge over larger competitors who might struggle with communication bottlenecks.

By Kathleen Davis | OCT 06, 2024
Read the original article at FAST COMPANY

Resilience and Discipline: Key Leadership Strategies for Sustained Success

1. Molly Fletcher emphasizes resilience as a critical management strategy. Her “Next Play Mentality” advises leaders to move quickly past setbacks, focusing on future actions rather than dwelling on mistakes. This mindset helps companies stay agile and bounce back stronger.

2. Fletcher highlights that discipline, not talent, is the true engine of success. For CEOs, instilling a culture of hard work and accountability, even when motivation is low, ensures consistent performance and long-term growth, regardless of industry competition.

By Marcel Schwantes | SEP 6, 2024
Read the original article at INC

Related Posts