Learning to 5X Your Team's Performance
DarrenDaily On-Demand
Darren Hardy LLC
4.9 • 1.8K Ratings
🗓️ 11 December 2021
⏱️ 9 minutes
🧾️ Download transcript
Summary
It's astonishing how some ideas, assumptions, and practices endure even when they are no longer relevant in the contemporary era. In this episode, Darren debunks a few of these long-held ideas regarding leadership. And he offers up tried and true advice for bringing out your team's very best.
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Transcript
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| 0:00.0 | Welcome to Darin Daily On Demand, your most trusted resource to help you become better |
| 0:06.3 | every day. |
| 0:07.3 | Here's your success mentor, Darin Hardy. |
| 0:10.2 | In Adam Smith's Magnum Opus, the Wealth of Nations, Smith describes the benefits of breaking |
| 0:18.7 | a large task into smaller components, then assigning one person to each specific task, |
| 0:24.2 | encouraging them to specialize in performing it. |
| 0:27.1 | He uses the example of the pen factory. |
| 0:29.8 | Smith suggests that having one person make every part of the pen would result in low-productive |
| 0:35.4 | output. |
| 0:36.4 | Instead, he suggests a division of labor. |
| 0:38.7 | He suggested, quote, one person draws out the wire, another straightens it, a third cuts |
| 0:44.5 | it, a fourth points it, a fifth grinds it at the top for receiving the head. |
| 0:49.1 | In quote, from the perspective of the factory owner in the age of the industrial revolution, |
| 0:55.0 | this approach of breaking complex tasks into simple specialized and repetitive tasks yielded |
| 1:00.5 | a lot of efficiency gains. |
| 1:02.7 | But from the worker's point of view, they were dehumanized into just flesh-covered robots |
| 1:09.8 | or machines. |
| 1:11.0 | Nothing more than cogs in the industrial wheel. |
| 1:14.4 | They were putting in just time for money, without any sense of even how their little |
| 1:19.5 | individual task fit into the larger picture. |
| 1:22.5 | No sense of purpose, no creative contribution, no personal meaning or personal satisfaction. |
| 1:29.1 | It's astonishing how some ideas, some assumptions, and practices endure, even when it is obvious |
... |
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