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IKEA founder Ingvar Kamprad scheduled his day in ten-minute blocks, protecting his time fiercely. This tight control helped him to stay focused and avoid time sinks. CEOs can learn to guard their time with precision, block out the calendar for focused work, and set clear boundaries to avoid distractions.
Warren Buffett’s “two-list” strategy emphasizes identifying and focusing on the top priorities. CEOs can adopt this approach by starting each day with the top three priorities that will have the biggest impact on their goals. They should avoid getting side-tracked and focus on what really matters, emulating the approach of successful leaders like Warren Buffett.
By Jodie Cook | SEP 18, 2024
Read the original article at FORBES
HBR – Bill Coughran’s insight highlights the importance of addressing people issues in startups. Research shows that 65% of new ventures fail due to senior executive problems. Key management myths hinder startups: rejecting hierarchy, avoiding structural conflict, and glorifying sustained heroics. Effective leadership involves recognizing the value of hierarchy for team alignment, understanding and managing structural conflicts, and promoting sustainable work practices over heroic efforts. Implementing these strategies helps build resilient, efficient organizations.
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