

Rethinking productivity and the pushback to shareholder capitalism
11 snips Jun 27, 2024
Founder and CEO Ed Chambliss discusses redefining productivity with a focus on outcomes rather than output. The conversation also delves into the shift towards stakeholder capitalism, benefit corporations, and the proposal of a compulsory savings model to manage inflation effectively.
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Outdated Productivity
- Productivity, a useful metric in the past, has become outdated.
- It measured output well when workers were primarily manual laborers, but not knowledge workers.
Focus on Outcomes
- Focus on outcomes, the long-term effects on customers, not just outputs (weekly tasks).
- Outcomes represent true business value and success.
Risk and Innovation
- Output-focused organizations prioritize short-term gains, hindering risk-taking and innovation.
- Outcome-focused organizations encourage calculated risks for long-term growth.