1% Extra Newsletter 27-01-23
The 1% Podcast – Rita McGrath
Rita McGrath is a best-selling author, sought-after speaker, and longtime professor at Columbia Business School. As one of the world’s top experts on innovation and growth, Rita’s work is regularly published in the Harvard Business Review. She is consistently ranked among the Top 10 management thinkers in the world and was ranked #1 for strategy by Thinkers50. Rita is the author of the best-selling ‘The End of Competitive Advantage’ and ‘Seeing Around Corners: How to Spot Inflection Points in Business Before They Happen’. |




Why many leaders don’t act on inflection points
When executives spot inflection points we would like to think they respond to them with the best interest of the company at heart however this is not always the case, Rita explains why.
3 mins
What a Strategy Spine is and why it is useful
From supporting numerous businesses with their strategies Rita has felt a common mistake is a lack of an overarching document detailing how all the pieces of the business plan connect.
2 mins
How skip level meetings can give great insight
Rita gives examples of techniques that some leaders use to find out what is happening across all levels of their organisations and how they can best manage that information, one is skip level meetings.
2 mins
Insight of the Week
“Life is a succession of lessons which must be lived to be understood.”
Ralph Waldo Emerson
Bouncing back from professional failure
by Shay Dalton
“Striving for excellence is all well and good, but perspective is vital. To function at any decent level consistently requires an understanding that all things cannot be well at all times, and that the moments in which we fall short of our own or others’ standards are opportunities for learning.”

Other Article Recommendations
Work

3 Skills Every New Leader Needs (hbr)
Why the tech sector is seeing a surge in layoffs (substack)
According to new research, working fewer hours is associated with higher life satisfaction (psypost)
The Optimal Amount of Hassle (collabfund)
Managers, you can support your high performers by asking this question twice (fastcompany)
Performance & Growth

5 ways to set yourself up for success (bigthink)
Justifying Optimism (collabfund)
8 Misconceptions of Time That Make You Less Productive (lifehack)
The Paradox of Goals (nesslabs)
Psychology

Business, Innovation & Economy

Stripe is set to go public in the next twelve months (wsj)
What the poet, playboy and prophet of bubbles can still teach us (FT)
What Employees Want Most in Uncertain Times (sloanreview)
Why The Next Decade Will Not Be Like The Previous 40 Years (zerohedge)
16 productivity systems to help you work smarter, not harder (superhuman)
Research

Study shows that listening to music during stressful times can boost your mood and reduce stress (medicalxpress)
Going for a walk outside found to have more mental health benefits than walking indoors (medicalxpress)
How long can a healthy human live? (medicalxpress)
Really need to start exercising but hate it? Just move (medicalxpress)
Books

Five insights from “Money and Love: An Intelligent Roadmap for Life’s Biggest Decisions” by Myra Strober and Abby Davisson (nextbigideaclub)
Lessons from ‘Happier Hour’ by Cassie Holmes: How to prioritize your time so that you’re more fulfilled (charterworks)
A Q&A with Jamie Kreiner author of “The Wandering Mind: What Medieval Monks Tell Us about Distraction.” (insidehook)
An excerpt from “The Great Air Race: Glory, Tragedy, and the Dawn of American Aviation” by John Lancaster (insidehook)