Category: MentalModel
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Always Be Learning
It’s more a credo to live by rather than a mental model, but I’ve categorized it as a mental model. Sue me. A central tenet in Ray Dalio’s Principles and beloved by Warren Buffett, Charlie Munger, Elon Musk and other highly successful investors and businesspeople, Always Be Learning – or ABL – is about how…
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The will vs skill coaching matrix
This model will help you become a better coach and make your team more productive. Leaders who adapt their style to the employee and the task in hand are more likley to be great coaches. This is “situational leadership,” according to Paul Hersey and Ken Blanchard. Max Landsberg developed this thinking in his book The…
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BCG’s growth-share matrix (or the Star principle)
Here’s a model for categorizing which businesses to invest in, start, nurture, attempt to turnaround, wind down or sell. Created by Bruce Henderson for the Boston Consulting Group, the BCG growth-share matrix or the Star principle is a lens through which businesses can focus their activities. It can also be used as a template for…
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The important vs urgent matrix (or the Eisenhower Box)
Here’s a useful model for working out what you should do and when. To organize your time, start with the two easy quadrants: Next, turn to the trickier quadrants: Watch out for Keeping “busy”. We think we’re being productive when we’re bashing away at a keyboard, sending emails, answering rote customer queries, attending meetings without…