Exponential Wisdom

Episode 113: Global Supply Chain

by

Peter and Dan discuss the past few years’ shifts in global supply chains and how the COVID-19 pandemic exposed a major flaw in the system, as many companies moved operations from China to other parts of the world. Peter explores an intriguing flip, as companies increasingly move workforces off-shore yet transition key aspects of their supply chains on-shore.

In this episode:

  • Dan talks about how many manufacturing operations were shut down during the global pandemic, and explains why North America will become a major manufacturing hub in the next decade. 
  • Peter examines the implications of hiring people from all over the world. Increasingly enabled by core ‘metaverse’ technologies, experiences in AR and VR are evolving to allow remote workforces to interact in extraordinary, life-like ways. 
  • Peter and Dan agree that the most successful companies are those working to onshore their supply chains, hire top talent outside national borders, and globalize their consumer bases.

Podcast: Play in new window | Download

Subscribe: Google Podcasts | Spotify | Stitcher | RSS

Episode 70: The Future of Higher Education

by

Peter and Dan continue their hiring discussion with a focus on higher education and the ongoing debate of apprenticeships versus business school. As millennials represent more and more of the job market, should the next generation of leaders go into debt pursuing a degree or acquire business acumen through various forms of apprenticeship?

In this episode:

  • Peter talks about interviewing a recent employee who decided to get an MBA at Stanford Business school and his takeaways in a recent blog. 
  • As an employer who has hired hundreds of candidates, Dan shares tips as we head towards a world where you can know anything you want, anytime you want.
  • Peter and Dan discuss why the rapid rate of technological change, a booming job market, and the digitization of education are chipping away at the traditional graduate-level business program, as we’re seeing with the decline of graduate school admissions.

Podcast: Play in new window | Download

Subscribe: Google Podcasts | Spotify | Stitcher | RSS

Episode 69: Setting Expectations With New Hires

by

Peter and Dan discuss one of the biggest problems with the hiring process: most of the time, a job description doesn’t provide enough information to create a successful relationship between an employer and a new employee. In Episode 67, they shared best practices within their own companies; in this follow-up episode, Peter and Dan discuss a specific agreement that communicates expectations to a new team member.

In this episode:

  • Dan explains his dislike of team management meetings and why he developed a new tool called the 4×4. This thinking process helps you clarify and then communicate your expectations to team members.
  • Peter talks about the importance of ensuring his team loves what they are doing and feels fulfilled, while still providing the support needed to meet company objectives.
  • Dan shares a successful example of hiring a recent employee with a 4×4, and discusses how your organization can use this upfront communication tool for better results.

Podcast: Play in new window | Download

Subscribe: Google Podcasts | Spotify | Stitcher | RSS

Episode 67: Hiring Great Humans

by

Peter and Dan discuss one of the most important aspects in any organization: hiring. They discuss best practices in their own companies, and Dan shares tools that have helped Strategic Coach retain team members for over 25 years.

 

In this episode:

  • Peter and Dan discuss the idea that most of the talented professionals on Earth aren’t looking for you and your business. To attract their attention, you must show them your ethos, what you stand for, and the type of world you want to create.
  • Peter says the term “work” has a bad connotation, and should be redefined as a cause to which you want to contribute, or someone to whom you want to be a hero. As Dan says, “Properly structured, working is one the great sources of meaning and pleasure in a lifetime.”
  • Dan discusses hiring people for roles that align with their Unique Ability — an individual’s distinct set of mindsets and capabilities. A core tenet of Strategic Coach is helping entrepreneurs and team members alike focus on their Unique Ability and effectively collaborate.

Podcast: Play in new window | Download

Subscribe: Google Podcasts | Spotify | Stitcher | RSS

Episode 28: Hiring “A” Players

by

28
episode-28-cardIf you want to create a successful, hyper-growth company, you’ve got to get one thing right: hiring.

Peter and Dan discuss one of the most important aspects of being an entrepreneur — attracting great people and recruiting them into the organization.

In this episode:

  • Peter discusses his takeaways from conversations with Jeff Holden (of Uber and Amazon Prime), including insights on the interview process and when to fire someone.
  • Dan shares advice and lessons learned building Strategic Coach into an organization of over 120 people in three countries.
  • Peter and Dan mention the Kolbe Corporation and why they give this assessment to all new hires. Read more about the test at kolbe.com.

Podcast: Play in new window | Download

Subscribe: Google Podcasts | Spotify | Stitcher | RSS

Follow Peter Diamandis

Follow Dan Sullivan