The World's Best Book Summaries
Do you know how to hold effective meetings? What is important for one-on-one meetings? Each meeting should be designed for its own purpose and be effective. Use this one-on-one meeting template to help make individual meetings more productive. Keep reading for tips for effective meetings, including a one-on-one meeting template and guidelines.
What is sunshining at Netflix? How does this level of transparency and candor enhance the work that Netflix produces? Sunshining is the term used by Netflix to describe their level of transparency. All employees of access to company information, including sensitive financial data. Keep reading for more about sunshining and how it works.
Is creativity more common in introverts? How can your organization cultivate and benefit from creative introverts? Creative introverts benefit from solitude and intense concentration. Moving away from a focus on collaborative environments can bring out the creativity that may be seen more often in introverted people. Keep reading for more about creative introverts and what they offer.
What is portfolio rebalancing? How does it work and why do you need it? When you have an uneven split between stocks and bonds in your portfolio, it’s time to consider portfolio rebalancing. You’ll want to sell stocks and bonds to return to a 50/50 split. Read more about portfolio rebalancing and the rebalancing strategy below.
What is the MBO process? How can providing goals give employees flexibility to shape their own work? The MBO process, also known as management by objectives, is a management style in which employees have goals mapped to organizational priorities. The employee then gets to determine how they want to achieve those goals. Read on for more about the MBO process and how it is used at Netflix.
What are 360-degree reviews? How are they run and why do they offer better feedback? A 360-degree review is a process in which every peer, subordinate, and manager or supervisor provides feedback to an individual. It is also known as multisource feedback. Keep reading for more about 360-degree reviews and how they’re used at Netflix.
Do we know how extroverts think? How does it differ from the way introverts think and what does this mean for management? How extroverts think depends on the specific situation. One area of clear difference between introverts and extroverts is the thought process on risks. Extroverts are significantly more likely to engage in risky behavior, indicating that how extroverts think about risk and calculating risk is different from their introverted counterparts. Keep reading for more about how extroverts think.
What does a stock broker do? Should you get a stock broker if you invest money in stocks? Many people wonder “what does a stock broker do?” If you invest often, you may consider using a stockbroker. But Benjamin Graham points out in The Intelligent Investor that brokers make money by trading more, and may not be the best use of your money. Keep reading to find out the answer to the question “what does a stock broker do?”
What is an expense reimbursement policy and why do companies have them? How did Netflix get rid of its policies for reimbursing travel and expenses? An expense reimbursement policy is a set of rules for what a company will and will not pay for when its employees are on official business or travel. At Netflix, Reed Hastings moved away from a traditional policy and just set general guidelines while allowing employees to exercise their judgment. Keep reading for more about the change to the expense reimbursement policy at Netflix.
What are the two types of investors? Is one type of investing more likely to get better results than another? In The Intelligent Investor, Ben Graham describes two types of investors: defensive investors and aggressive investors. Defensive investors don’t want to spend time investing. Aggressive investors love looking for new stocks and ideas. Both are good tactics. Read more about the two types of investors and how they work.