Here's What Makes a Job MEANINGFUL | The Value Matrix
Nov 13, 2023
auto_awesome
Explore the power of adding value in work and learn about the significance of the value matrix in strategic thinking. Discover the importance of clear expectations and actively adding new value. Learn how thinking beyond your skill set can lead to meaningful contributions. Find out how to integrate existing products into new streams of value and avoid overwork. Get insights on building membership sites, organizing online content, and monetizing it.
17:13
AI Summary
AI Chapters
Episode notes
auto_awesome
Podcast summary created with Snipd AI
Quick takeaways
Understanding the expected value in different roles and surpassing these expectations drives professional growth and success.
Adding new value through partnerships and new streams is an effective strategy for scaling a business and driving innovation.
Deep dives
Importance of adding value in the workplace
In this podcast episode, the importance of adding new value to coworkers, peers, and superiors at work is emphasized. The speaker encourages listeners to think beyond their current skill set and capabilities and instead focus on driving new value. They highlight that many people in the workplace do not expect anything from their peers, presenting an opportunity for listeners to stand out and succeed. By understanding the expected value from different roles in the organization, including those below, peers, and superiors, one can strategically go beyond these expectations and drive new value, leading to professional growth and success.
The value matrix and the importance of clarity
The speaker discusses the value matrix concept, which involves understanding and delivering expected value to different stakeholders, such as coworkers, peers, and superiors. They stress the significance of having clarity about what is expected in each role and fostering clear expectations amongst team members. Lack of clarity around expected value can lead to an underperforming organization or relationships. The speaker urges leaders to teach their teams about setting clear expectations and fostering a shared understanding of value to enhance coordination and productivity. They also emphasize the importance of asking the question, 'How can I add new value?' as a way to break through conventional thinking and achieve professional success.
Going beyond expectations and creating new value
The podcast explores the concept of adding new value and how it can transform businesses and relationships. The speaker shares personal experiences of bringing together influential individuals and sharing best practices, demonstrating the power of going beyond expectations. They encourage listeners to think beyond their own competency and product offerings and consider new partnerships and streams of value. Adding new value is seen as a strategy for scaling a business more effectively. The speaker emphasizes the importance of constantly asking how to add new value, both internally within teams and externally with customers and communities, to drive innovation and success.
Adding value is the cornerstone of building a successful and sustainable business, and in this episode, Brendon dives into the essential tactics and mindset shifts that can help you stand out in a crowded marketplace. By the end of this episode, you'll be equipped with invaluable knowledge and a strategic roadmap to elevate your offerings and make a profound difference in the lives of your customers. Get ready to revolutionize your approach to value creation and embark on a journey of market leadership and impact.
“A lot of the new value in the world isn’t even about new products, it’s about new partnerships. You don’t need to go create 17 new things, instead, you need to plug your 17 things into new streams of value that already exist."
If you’re looking for tips on how to bring your value to the marketplace, this episode is for you!
1. Get the GrowthDay app for all your personal development in one place: