The Prof G Pod with Scott Galloway The Future of General Motors, How to Be a Good Manager, and Advice to a High School Senior
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Jan 15, 2025 The discussion kicks off with an analysis of General Motors' challenges and its push towards electric vehicles, navigating a competitive market. Transitioning into management is tackled next, emphasizing three key principles: excellence, accountability, and empathy. The conversation turns to a high school senior seeking guidance on breaking into media management amidst college pressures. Personal stories underscore the importance of resilience and adaptability in unpredictable career paths, resonating with anyone facing their own transitions.
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GM's EV Strategy
- GM is doing relatively well compared to other automakers, with stock up 45% in the last year.
- Their strategy of developing standardized battery technology before releasing new EVs has allowed them to lower manufacturing costs and offer more competitive pricing.
Empathy in Leadership
- Understand your team members' individual objectives and what's important to them professionally.
- Demonstrate empathy by trying to provide them with opportunities that align with their goals and values to foster loyalty and retention.
Effective Management
- Demonstrate excellence in your team by being a player-coach and leading by example.
- Hold your team accountable by setting clear goals and metrics, but offer public praise and private feedback.