2/ In about 1971 developing a meaningful philosophy of life fell dramatically from 1st to 5th/6th, replaced by "being very well off financially"
Likely many reasons for this and I won't go into them
3/ What is notable is that while we talk a lot about how money is too important to people, the other top priorities are pretty widespread noble values for most:
1. being good at what you do 2. having a family 3. helping others
Helping others up a lot over last 20 years too
4/ Another notable study on "success" is the Gallup success index. It asked people two questions:
1. How do you personally define success? 2. How do you think others define success?
There was a HUGE gap between these two questions
5/ Here is just one example:
Almost everyone thinks success is about being good at something you care about while at they same time they think that almost everybody else only cares about being rich and famous.
6/ In the modern world we are in a common knowledge trap. Money is the thing we THINK everyone else cares about but its really the stuff students have been saying since '66
👉 take care of the people in your life, try to help others and be good at what you do.
7/ There's tons more data from this population that probably would uncover some interesting trends. Let me know if you dive in: heri.ucla.edu/publications-t…
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I'm going to give you a short intro of why I care then I'll just throw out 1-opinion / 1-like style takes. I imagine this will get a little unhinged towards the end.
2/ A little background. I studied org change, complexity, systems dynamics, supply chain, leadership & other fun stuff in 10+ years working in consulting and a MS/MBA ops program at MIT.
I left my job to my job to make sense of an increasingly confusing world of work.
3/ After I went back into consulting after MBA I started to noticed that almost no one cared how organizations worked. The people that studied organizations had fancy frameworks but they were rarely predictive. They mostly made people feel good.
1/ 🧵This is the story of how I became an accidental course creator and it starts in 2015 with a course named "Crushing Your Resume"
This is the story of many different attempts at online courses and all the fun along the way 👇
2/ By 2015, I had helped hundreds of people with resumes and was very good at it. Yet after helping a friend during an intense 3 hour session, I realized I was just repeating myself over and over. I wanted to retire from resume help but still wanted to be able to help people.
3/ I decided I would create an online course. I was pretty excited by the opportunity to put this on Udemy and see what would happen. I initially put it up as a paid course (and gave free coupons to anyone that asked).
"the security analysts and investor groups who say if the value isn't being achieved then it's the responsibility of a chief executive...
...I don't believe that's the purpose of an organization."
👇 This debate started in 1900s
2/ In one corner was Adolph Berle, who championed the “shareholder primacy” view and in the other was Merrick Dodd who supported a “managerialist” stance.
3/ The managerialist view said that firms should serve not only shareholders, but multiple stakeholders including employees and the public good.
This had emerged by the early 1900s as the common knowledge way of running a company
1/ THREAD on thoughts from reading "The Organization Man" published by William Whyte in 1956 which is essentially a download of many of his thoughts and articles about the emerging business world in the 1940s-50s.
His book centered around an idea he called the "social ethic"
2/ He writes about a new kind of person emerging:
"They are the ones of our middle class who have left home, spiritually as well as physically, to take the vows of organization life, and it is they who are the mind and soul of our great self-perpetuating institutions."
3/ In the 1950s, the lines between owners & labor were being blurred:
"We are describing its defects as virtues and denying that there is—or should be—a conflict between the individual and organization. This denial is bad for the organization. It is worse for the individual"
It's fascinating being part of @AliAbdaal YouTube class. Some thoughts on online courses + this course 1. Through a youtube experiment + eventual business, Ali has taught himself a set of skills that is more relevant and valuable than what I learned in a 2-year MBA at MIT.
2. The best benefit for me being part of this is the accountability of being part of a live cohort.
3. Having a space to post FAQs around video and audio questions enables me to answer 25-30 small questions that lead to a huge return on my time.
4. I have only attended one live class but am still feeling like I'm getting a ton of value from quickly reviewing the PDFs and being able to get feedback from others engaged in the proces.