Trifectiv PPS

I get asked a lot about the 4-day week. It is a complex issue so a longer post. If you treat leisure as a good we should spend some of our ongoing productivity growth on more leisure. US productivity grows at about 2% a year, totaling 242% since 1950. So we can now produce in 11.7 hours what we could produce in 1950 in 40 hours. This productivity growth is why John Maynard Keynes famously predicted in 1930 that we would work 15 hours a week by 2030. Average hours in the US have fallen on average from 2,300 a year in 1950 to 1,700 in 2023, a 23% drop. This is something, but not much. Only one-tenth of the productivity growth since 1950 has gone to working less. The other nine-tenths has gone to spending more. Society is using higher productivity mostly to buy larger TVs, cars, electronics and other goods and services. So can a four-day week fix this? There are actually four-versions of the 4-day week. The first three already exist and I will call "muggle" versions for being present here and now. These "muggle" versions should be encouraged. The fourth version is more "magic" in that it is wonderful, but I'm less sure it exists. (1) WFH-Friday: This is a 4-day week in the office. Friday is at home, typically working but in a more relaxed setting. (2) No-work Fridays: You get paid for 4-days and work for 4-days. This is also known as part-time. Great idea - I worked a 4-day week at the IFS. (3) Shift changing: For example, work 4 days for 10 hours rather than 5 days for 8 hours. Often happens in hourly pay jobs, like in Amazon warehouses. (4) Work for 4 days, get paid for 5 days and produce 5-days of output: Sounds amazing, but I have not seen strong evidence on this. I have seen reports sponsored by 4-day week advocacy groups, usually examining small NGOs and government agencies. So it can be done. But from talking to 100s of managers in larger private sector firms it is unclear if this extends more broadly. The typical response is "If I could easily cut hours and pointless meetings I would - I don't want to work long hours either". So, I think the 4-day week is a great long-run ambition. But I do not think this will come from a Politician led piece of Government regulation. The best hope is continued productivity growth. If this continues at 2% a year we can split 1% to higher pay and 1% to lower hours. In 20 years we could be earning 20% more and working a 4-day week :-) To boost productivity we should focus on better education, research, infrastructure, training and political stability. Oddly enough good economic policy is probably our best route to a 4-day week. Keynes essay: https://lnkd.in/gReJJKJe Data: https://lnkd.in/gbhcHTzr

How to free up 30% of time at work With push and pull leadership I was the manager with all the answers. Standing in the way of my team: ☠️ Killed my productivity 🤯 Doubled my hours at work Push and pull leadership taught me 3 alternatives. I freed up 30% of time from searching for answers I didn't need to find. ↓ Here's when to push and when to pull ⏱️ Which style do you enjoy the most? 👩🏫 🏆 Bonus in the comments: an example with my team --------------------------------------- #TheGoodBusy #TimeManagement #Leaders PS: 🔄 Repost to help others be productive 🫶🏼🙏

Less than 20% of people manage their time well. Don't be a part of this statistic. There are simple techniques that can boost your time management skills. My friend, Victoria Repa, has prepared a fantastic cheat sheet to help you. It covers 6 useful time management frameworks: 1) Eating the Frog 2) Pomodoro Technique 3) Eisenhower Matrix 4) Getting Things Done / 2-Minute Rule 5) Pickle Jar Theory 6) Time Blocking Take your time management to the next level - it's that simple. __ If you enjoyed the post, please share it with your network. Follow Igor Buinevici for more useful content like this. Don't forget to follow Victoria Repa too!

Small teams work best because they have communication advantages. 💬   Metcalfe’s law (1980) says that the effect of a network is proportional to the square of the number of connected devices. A network's value increases exponentially with size. The more people use it, the more their participation enhances it. This exponential growth is great, especially in digital networks. 🚀   But what happens with networks of people? As more people try to communicate with each other, the number of interactions increases immensely.    ➡️ Our brain can't handle this. The mind's structure can't handle very large numbers of relationships.   Brain scientists say there are approximately five people we can have tight relationships with and another 15 people we can have slightly less intense relationships with. An example may be sports teams, where there are rarely teams bigger than 15 people.   ➡️ There are also transaction costs: communicating, coordinating, and contracting occur in all organizations.    To solve these problems, many decades ago, organizations invented hierarchies (including the role of ‘middle manager’). Managers were installed to lower transaction costs inside organizations.   In my experience, the ideal number of people to have in a team is around 5-6. In your view   ❔ How many people can be managed effectively by one person without incurring a communication overload?   ❔ Is it possible for small teams to never need a manager and members to communicate and coordinate?   Illustration by me 😊 inspired by the original post from Corporate Rebels. Link to the complete source in the first comment 👇   #communitacion #management #network