Steyer Content’s Post

Ever feel like you're navigating The Upside Down? 📉🌪️ Dive into our latest blog where Katelyn shares the real talk from our recent all-hands meeting and how we're tackling market unpredictability head-on. Read more to find out what 'The Next Right Thing' looks like for Steyer! #Leadership #Transparency #FutureOfWork

Is it better to start your company with a friend or with a stranger? Is it better for founders to be driven by a mission or by financial perspectives? We picked our side with Estelle Charveriat. Watch below to see what we think :) 

This article raises some very interesting points.

Here's how to understand the decision-making process between private and public-sector solutions.

In this week’s Frankly, I’d like to address the common desire for solutions to the human predicament - and why the championing of “solutions” is less clear-cut than we might perceive. To this end, I offer a three-dimensional model for thinking about a framework for responses. Watch: https://lnkd.in/gKc4_Eue Effective responses greatly depend on the context of an individual - by highlighting specific ‘solutions’ we narrow the scope of the conversation and exclude creative and empowered humans with different interests and skills. Additionally, much like nature, the human socio-economic system is adaptive, and rapidly self-adjusts to new information and threats, making novel strategies difficult to implement and disperse at larger scales. As such, simplistic answers that can be publicly shared with millions are probably not going to work. If we zoom out, we see that responses with the potential to shift our systems in a better direction are only possible through emergent processes and may not be able to be championed publicly for a variety of reasons. How can we expect to steer towards more humane futures by approaching The Great Simplification with the same ‘quick-fix’ mindset enabled during the Carbon Pulse? What is the role of critical leadership and governance that will be needed in coming decades but is perceived as too radical today? How can we, as both individuals and communities, think about our distinct place within the larger world and how that might shape our unique responses?

Continue with 2nd post on my notes/takeways from Same as Ever book by Morgan Housel :- 11.Readers don’t want a lecture, they want a memorable story.   12.The valuation of every company is simply a number from today multiplied by a story about tomorrow.  Price = today’s number x tomorrow’s story.   13. The world is driven by forces that cannot be measured. There’s a human element that’s hard to quantify and explain, and that can be seem totally detached from the original goal, yet it carries more influence then anything else.   14.“The thing I have noticed is when the anecdotes and the data disagree, the anecdotes are usually right. There’s something wrong with the way you are measuring it” – Jeff Bezos   15. What’s rational to one person can be crazy to another.   16. Life’s guaranteed ability to swing from one absurdity to the next. Crazy doesn’t mean broken. Crazy is normal; beyond the point of crazy is normal.     17. Calm plants the seeds of crazy, always has, always will.   18.“Everything feels unprecedent when you haven’t engaged with history” – Kelly Hayes   19. The same action at different sizes produces massively different problems.   20. A good idea sped up too fast quickly becomes a terrible idea.  “The greatest impediment to creativity is your patience, the almost inevitable desire to hurry up the process, express something and make a splash” – Robert Greene 

As promised... ✔ Here is the first video in our new series: ⚡ 'Beware the Dominant Local Optima'. ⚡ We are unlocking the power of Systems and deep-diving into the heart of Optimization. From Input to Output, explore the importance of Processes with us today! Follow along as we continue this discussion and dive into the Theory of Constraints!

Part 1 - “Let’s Talk About Biases” that influence our decisions, often without our conscious awareness. • Confirmation bias - this is when we favor information that confirms our existing beliefs and disregard information that contradicts them. This can lead us to make decisions based on incomplete or inaccurate information. • Availability bias - this is when we judge the likelihood of events based on how easily we can recall examples of them. This can lead us to overestimate the risk of rare events and underestimate the risk of common events. • Anchoring bias - this is when we give too much weight to the first piece of information we hear about something. This can be problematic in negotiations or when making financial decisions. • Hindsight bias - this is when we look back on events and believe that we could have predicted the outcome, even though we couldn't have at the time. This can make us overconfident in our ability to make future decisions.

What does Efficiency Vermont do? Check out this video message from Managing Director, Peter Walke! We'd love to hear what you think in the comments!

What is Wrong?? In our quest for accuracy, we often see issues as either right or wrong. However, what if there’s no absolute truth? Our perspectives shape our understanding, and what one person views as correct, another might see as incorrect. It’s just the matter of perspective !! Let’s challenge ourselves to consider multiple perspectives and move beyond the binary of right and wrong.