Tuesday Digestif (30/2016): Billionaire founder driving for Uber 🚙🎩💵

Tuesday Digestif: Weekly Perengo Newsletter on Labor Policy & HR Management

Today:

  • How to manage a team full of high-flyers
  • Biggest financial worries of U.S. employees
  • Why a billionaire drives passengers for Uber

Cover Story – Teams Are Not Cocktail Parties

Kellog Insight at Northwestern University has provided a to-do list for successful team management:

  1. Don’t invite everyone – Managing team size is key when ensuring the effectiveness of a team
  2. Structure helps – Ruleless is not always best to foster creativity. Constraints start valuable and focused thinking processes.
  3. Focus on areas of improvement – The research group has shown that emphasizing the worst performances and how to fix them can achieve better long-term results within teams.
  4. Don’t waste time – Cut unnecessary meetings.
  5. Maintain a health feedback culture – Even if teams get along very well manage the team to be open and direct about constructive feedback.

Read the full report here.

Five Strategies for Leading a High-Impact Team
Five Strategies for Leading a High-Impact Team

This Week’s Finest – Your Employees

Biggest Financial Vulnerabilities of Employees (URL) – A recent survey has shown that the following factors cause the biggest stress for U.S. employees:

  1. 58%: Not saving enough for retirement
  2. 51%: Don’t have an emergency fund
  3. 34%: Living beyond their means
  4. 33%: Have serious debt

Food for thought on how employers can support their workforce.

Automation Makes Human Labor More Valuable (URL) – Labor-intensive jobs are the future of the U.S. economy.

Fastest growing occupations (growth rates 2014 – 2024):

  • Wind turbine service technician (108%)
  • Occupational therapy assistants (43%)
  • Statisticians (34%)
  • Genetic counselors (29%)

Worth Reading – Billionaire Behind the Wheel

LinkedIn Founder Predicts Impact of A.I. onto Work (URL) – Expected improvements:

  1. Faster onboarding – Knowledge graph tells a new employee everything he/she has to know on day 1.
  2. More efficient workflow – A.I. will be able to more effectively plan projects and assign work.
  3. Objective performance reviews – Moneyball is coming to the office.

Billionaire Founder Driving for Uber (URL) – Kayak founder Paul English drives passengers for Uber to figure out how workforce rating/motivation works.

His newest company Lola will depend on human service agents.

This is an example of customer development done right.


Please let us know what you liked, what you disliked and which topics you would love to see in the future.

Drop us a mail: hello@perengo.com

Have a great week,
Team Perengo

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