The 38th Edition - On Layoff Tools, Resolving Tricky Work Dynamics & Five Things That Are Not Strategy
Did you know what can make your brain size shrink?
In this cohort study of healthy middle-aged or older adults, even 1-2 drinks a day were enough to make the brain smaller. The more alcohol you drink, the more your brain size will shrink. (source)
Read: Avoid/Recover From a Layoff
There have been more redundancies across the globe recently.
Shopify (ecommerce) - shed 1000 people
Hopin (events) - over 400
Coinbase (fintech) also lost 1000
Netflix (entertainment) about 400
So in the spirit of being prepared, grab these 3 links to avoid/recover from a possible layoff.
Watch: We All Agreed to This! Why Didn’t It Happen?
John Cutler released a short 6-minute video talking through the all-too-common dynamics at work: agreeing to something, and later dealing with all sorts of problems: agreement shift, delays, rushed meetings, heroics.
His solution… I’ll let you watch it!
We all agreed to this! Why didn't it happen? - Watch Video
Remember
The fastest way to kill a bad product is with a great growth strategy.
Adam Fishman (source)
The process that marketers call market segmentation is the categorization stage of theory building. If managers define market segments that correspond to the circumstances in which customers find themselves when making purchasing decisions can they accurately theorize which products will connect with their customers. When managers segment markets in ways that are misaligned with these circumstances, market segmentation can actually cause them to fail—essentially because it leads managers to aim their new products at phantom targets.
Clayton M. Christensen (source)
Consider
Five Things That Are Not Strategy
I’m taking Advanced Growth Strategy from Reforge, and it’s amazing. Since I love strategy, I couldn’t miss this gem:
(source)
Obsession vs. Niche
Niche-ing makes you a commodity. Obsession makes you unique. People choose a specialisation based on professional experience: their 9-to-5 talents. Most individuals aren't fascinated with the abilities they've professionalised, so they need external motivation: pushing themselves to conduct research, slogging through dull client conversations, or another cup of coffee to write more content. Spend 15-30 minutes each day reflecting on the last 24 hours. What are you fascinated with? What can you investigate, break down, and share everyday that feels like play? (source)
Product Management is About…
This meme format came back for a hot second, and I couldn’t miss the opportunity to use it on my favorite subject:
(source)
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