Unravel the secrets behind the exceptional productivity levels at tech giants like Apple and Google. Discover the unique strategies and work cultures that foster innovation and efficiency, setting these companies apart in the competitive tech industry.
Productivity
Companies like Apple, Netflix, Google, and Dell are 40% more productive than the average company
- Executives from large companies across 12 industry sectors worldwide said three components of human capital impact productivity more than anything else
- Time, talent, and energy
- The top quartile organized its business processes in a way that they’re 40%, more productive, and consequently have profit margins that are 30%-50% higher than industry averages
Inspiring Leaders
Companies that inspire more employees perform better than the rest
- Employees who are inspired at work are more productive than those who are not
- Inspirational leadership can be taught, but it can also be effective individually
- Top-performing companies focus on collective instead of individual talent
Grouping A Players
The average company follows a method of unintentional egalitarianism, spreading star talent across all roles
- Companies like Google and Apple, however, follow an intentionally nonegalitarian method
- They select a handful of roles that are business critical, affecting the success of the company’s strategy and execution, and fill 95% of these roles with A-level quality
- For every member of the team that is not a star player, productivity declines
Eliminating Organizational Drag
The average company loses more than 25% of its productive power to organizational drag, processes that waste time and prevent people from getting things done.
- Research published in Harvard Business Review found that organizational drag costs the economy more than $3 trillion annually in lost output.
