“Under poor leaders we feel like we work for the company.With good leaders we feel like we work for each other”.
Adopted from Simon Sinek’s book titled “Together is Better”
“Under poor leaders we feel like we work for the company.With good leaders we feel like we work for each other”.
Adopted from Simon Sinek’s book titled “Together is Better”
Dopamine is an addictive chemical that flows in our veins when we are motivated , rewarded etc.This is like an addiction and is short lived.
Consumption of alcohol , drugs or addictive substances or even “social media” as well can stimulate dopamine to flow though our veins.Though this gives us pleasure but it is short lived.
On the other hand , “oxytocin” or the love hormone can only flow when we feel fulfilled for e.g. by doing something selflessly for someone , when we are in love , when we show generosity etc. All these acts have a human touch to it because in essence human beings are social animals and crave for human bonds.
As humans with a goal of fulfillment we should try to exhibit such humanitarian aspects for e.g. generosity that enables flow of “oxytocin through our veins for long lasting happiness.
Doctors and researchers have proved time and time again the health benefits of a “warm affectionate hug”.
It is proved to stimulate “oxytocin” or the love hormone which is believed to enrich fulfillment in our lives.
Source – thehealthsite.com
The following are the 8 health benefits of a “warm affectionate hug”:
For more details please visit the following link , from which I could get this valuable insight.
https://www.thehealthsite.com/fitness/reasons-why-8-minute-hug-is-a-must-for-everyone-b0116-359127/
A warm hug of sufficient duration is believed to release “oxytocin” or the love hormone.
A “warm hug” goes a long way to to enable fulfillment in our lives and to fill our lives our joy.
Oxytocin is a love hormone and is believed to even increase immunity.
Adopted from harvard.edu the following link shows how researchers have proven that a warm affectionate hug can indeed stimulate the flow of oxytocin in our veins
https://www.health.harvard.edu/newsletter_article/In_brief_Hugs_heartfelt_in_more_ways_than_one
South West Airlines(SWA) is a modern day classic example of an iconic company which did not start with a unique business model of its own.
Pacific Southwest Airlines(PSA) started early as a low cost carrier.SWA followed the low cost model & even the entertainment aspect from PSA.The employees of SWA were encouraged to go on visits to PSA to study and understand their work culture and experience handed out to the customers.
The difference is that SWA exhibited the right kind of discipline to take the organization to the next level whereas PSA lost its way.
This comparison goes a long way to prove that to be an iconic brand it is not necessary to be a “first mover”.
Adopted from Jim Collins’s book titled “Great By Choice”
The concept of excel was developed by VisiCorp for the Apple II computer.The program was named as VisCalc.
Source – Wikipedia.com
The link below adopted from Wikipedia talks about this first excel spreadsheet
https://en.wikipedia.org/wiki/VisiCalc
Thus contrary to popular belief Microsoft did not invent excel , it took it to the next level.
Adopted from Jim Collins’s book titled “Great By Choice”
Contrary to popular belief, a lot of cases exist where the “first mover” have not been able to sustain for a long in a market and the followers have taken over.
Source – http://www.revelx.co
The following link talks about the disadvantages of a “First Mover”
https://www.revelx.co/blog/first-mover-disadvantage/
A few notable examples in this regard:
Similar points are discussed in Jim Collins’s book titled “Great By Choice”
John Brown at the iconic 10x performing Stryker Inc. believed in this philosophy.
By not being too aggressive trying to over innovate , sometimes turns out to be the best strategy to survive in the longer run.
USSC was Stryker’s biggest and more fancied competitor whose reputation of out-innovating competition eventually led to burn out and eventual downfall in the longer run.
Adopted from Jim Collins’s book titled “Great By Choice”
See below some notable examples and you would start seeing the pattern
1) Gillette did not pioneer the safety razor.Star did
2) Polaroid did not pioneer the instant camera.Dubroni did
3) Microsoft did not pioneer PC spreadsheet.VisiCorp did
4) Amazon did not pioneer online book selling
Research shows that very few pioneers have gone on and dominated the market.
Adopted from Jim Collins’s book titled “Great By Choice”
Jim Collins in his book titled “Great By Choice” shares startling insights which goes to prove just this.
The iconic brand South West Airlines copied the entertainment aspect in its brand from its once famous competitor named Pacific Southwest Airlines.
It was sheer discipline that made Southwest survive the test of time and Pacific Southwest Airlines extinct.
The same holds good with Amgen wherein its competitor Genetech innovated and created patent after patent but still failed to survive in the long run.
Thus 10X or high performing companies were not necessarily most innovative