The Game with Alex Hormozi Managing Talent To Drive Higher Performance | Ep 356
Dec 21, 2021
Discover innovative strategies for managing talent and enhancing performance. Learn how to implement unique compensation structures that align employee goals with company success. Explore ways to boost growth while reducing churn through engaging work environments. Hear insights on setting monthly goals that encourage autonomy and accountability. This episode combines personal development with business alignment for a motivated workforce.
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Friend's Management Approach
- Alex Hormozi discusses a friend's unique approach to managing talent and driving performance.
- The method involves variable compensation tied to both company and individual goals, fostering alignment and motivation.
Monthly Goal Setting
- Set monthly goals for your team, allowing them to choose their own objectives.
- This fosters autonomy, encourages alignment with company goals, and promotes social pressure for higher performance.
Psychology of Goal Setting
- Public goal setting creates social pressure, encouraging team members to set ambitious goals.
- Combining autonomy, social pressure, and variable compensation motivates individuals, especially in roles not directly tied to sales.