The podcast explores the importance of trust and effective communication in business relationships. It discusses quick judgments and optimism vs pessimism in crypto, highlighting the role of speed. The speaker emphasizes creating an inclusive culture for top talent and embracing difference to solve hard problems.
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Quick takeaways
Building trust is crucial for achieving excellence while moving quickly.
The five essential steps for solving hard problems include identifying the root cause, building a plan based on trust, seeking diverse perspectives, effective communication, and swift action.
Deep dives
Reducing carbon emissions through ExxonMobil solutions
ExxonMobil is developing solutions such as carbon capture and clean energy from hydrogen to help reduce carbon emissions in industries like manufacturing, commercial transportation, and power generation.
The importance of trust in moving fast and fixing things
Frances Fry, co-author of the book 'Move Fast and Fix Things,' emphasizes that building trust is crucial in achieving excellence while moving quickly. Trust should be established with employees, customers, suppliers, and other stakeholders to accelerate problem-solving.
The five essential steps for solving hard problems
Fry outlines the five essential steps for solving hard problems: identify the root cause of the problem, build a plan based on trust, seek diverse perspectives and make new connections, communicate effectively, and finally, move swiftly with a focus on achieving results.