While wall street and banks typically have highly motivated and successful employees, it seems that Apple and Google are leading the way in how effective employees are. These firms, though having just a percent higher "Star Players" tend to produce much higher output.
According to the article, found here
For every member of the team that is not a star player, productivity declines,” he says. “If 100% of the team is star players, productivity is extremely high.
The article also goes on to say
We’ve been taught that you’re either a General Patton and can inspire others or you’re not, but this is not true, he says. Inspirational leadership can be taught. Companies that recognize that and invest in making it happen create meaningful impact on the productivity of their company.
Along with how these two firms reduce organizational drag to save money.
The average company loses more than 25% of its productive power to organizational drag, processes that waste time and prevent people from getting things done, says Mankins. This often happens as a company grows, as the tendency is to put processes in place to replace judgment. Research published in Harvard Business Review found that organizational drag costs the economy more than $3 trillion each year in lost output.
So to sum up, all star teams are more productive, obviously, however these firms believe they can teach inspirational leadership. I do not believe that leadership can be taught that well. I personally believe that you are born a leader and over the course of your life experiences you either learn to be a great leader, or remain an average one. They also reduce organizational drag very effectively.
Do you guys think leadership can be taught? Do you think they overstate how much money decreasing organizational drag saves?
