The importance of structuring one-on-one meetings around a taxonomy covering topics related to the person, the team, and the organization is highlighted. It is suggested to rotate these topics to keep discussions fresh and engage direct reports effectively. By categorizing discussions into short-term and long-term perspectives, managers can ensure a balance between addressing immediate fires and focusing on broader strategic issues. Providing a variety of options to direct reports allows them to guide discussions based on their preferences and needs.

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