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Michael Hyatt: When Less is More — Michael Hyatt, CEO of Thomas Nelson publishers, says following the practice of “less is more” is a good way for companies to beat the recession.
The recession seems to be accelerating a drive toward simplicity. Many are realizing that complexity is inefficient and expensive.
We are currently focused on eliminating complexity in four areas:
- The number of meetings.
- The size of our teams.
- The value of our processes.
- The use of acronyms.
Question: What else needs to be challenged in your organization to make it less complex and more efficient?
Yelvington: Don’t underestimate the importance of small talk — Small talk is a mechanism for opening channels of communication. It’s a tool for establishing social/conversational norms and overcoming our inbred distrust of anyone outside the tribe.