For years, TED (Technology, Entertainment and Design) has given the world access to thought- conversations from some of the greatest minds of our day. Interesting though the videos may be, rarely does a manager have 25 minutes to spare for something that doesn’t directly tie into their day-to-day.
Inspired by TED’s recently published list of the 20 most-watched TED Talks to date, I’ve curated three videos that I feel offer valuable insights on how to lead, motivate and inspire employees.
How did Maslow’s Hierarchy of Needs triple revenue for a boutique hotelier?
Chip Conley, Founder of Joie de Vivre Hotels, was struggling to make it through the largest percentage revenue drop in American history. After being re-acquainted with Maslow’s Hierarchy of Needs, he had an epiphany:
He insists business leaders should rethink the way they’ve defined success. “We’re not asking meaningful metrics,” he says. “We’re not asking important questions. We’re not asking anything that’s intangible.” Inspired by this epiphany, he revamped his company’s business model to focus on some less-than-tangible indicators of success: the higher needs of his company’s customers and investors.
After he started asking questions that matter to measure success, his customer loyalty skyrocketed, employee turnover dropped to one-third of the industry average, and the company tripled in size.
What does Al Gore’s speechwriter want you to know about motivation?
In his popular TED Talk, The Surprising Science of Motivation, Dan Pink argues, “There is a mismatch between what science knows and what businesses do.” While research shows traditional incentive-based motivators aren’t effective at getting employees to do what you want, businesses use them anyway.
“If we really want high performance on those definitional tasks of the 21st century,” says Pink, “the solution is not to entice people with a sweeter carrot, or threaten them with a sharper stick. We need a whole new approach:”
Pink gives examples of how companies are providing employees with a high degree of autonomy to explore their own ideas. And from Google’s 20 Percent Time to Atlassian’s 24-hour ShipIt hackathon, these programs are proven to boost productivity, engagement and satisfaction–and reduce turnover.
What can an orchestra conductor teach you about micromanagement?
Quite a bit, actually. Using the unique styles of six 20th-century conductors, conductor Itay Talgam illustrates a compelling lesson in leadership. “Authority is not enough to make them your partners,” says Talgam. Partnership–which makes the best music–requires a conductor to adopt a more balanced leadership style:
As Talgam sees it, the ability to establish partnerships is what makes good conductors (and leaders) great. While a conductor must give players direction (which requires a certain degree of control) a great conductor treats his players as partners. Focusing on making music together, rather than on controlling each note–they will achieve greater success.
What TED Talks have inspired you? Any words of management wisdom from a school teacher or an astronomer or some other surprising source? Leave a comment, and join the conversation.