1) The @TigerWoods vs @PhilMickelson approach to creating organizational change is worthy of a biz school case study. It captures the nuance of an era of individualism where creators have unprecedented control, but the age old rules of interpersonal and team dynamics still apply.
2) @PhilMickelson correctly identified an opportunity but pursued it primarily with self interest; this resulted in enormous short term💰gains but eviscerated his legacy and relationships with peers and the entity he wanted to change. He’ll likely never participate in his vision.
3) @TigerWoods chose to use his leverage to rally others to his cause, creating even greater leverage that forced a 50+ year old organization to change almost immediately and elevating the (already pretty good but now great) collective condition for all
4)Tiger’s team-driven results are still highly capitalistic and tiered; the best creators (golfers) will make significantly more than their peers, but they’ve received almost unanimous support. That’s the power of working within the existing structure versus trying to destroy it.
5) In just about every other organization-employee dynamic historically, the employee has to leave to create change (hence entrepreneurship and a massive industry that’s built infrastructure to support company building)
6) But in the age of creator power, this is an example of how creators can use their leverage to effectively pirate change from within, using the legacy company infrastructure to steer it quickly in a new direction that creates value for all.
7) Interestingly it was Phil who was painted as the backslapping, yuck it up every man, and Tiger the cold, aloof, isolated loner. Yet Tiger is the proverbial captain now, and Phil stands alone.
8) It would be silly to discount the role LIV played as a sword of Damocles in accelerating all of this. But the top players who bound together and stayed are now likely to make significantly more career money than most/all of those who took the LIV check.
9) But above all it’s the manner in which these two creators pursued their objectives that led to today’s results. There’s more to the story ahead, but the lessons in how we got here have much broader applications beyond golf ⛳️
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Okay team! Here's the #evermore tweet thread for tonight. Just gonna add on here. LFG.
Couple of things we already know - she wrote the last song on the album LAST WEEK. And the album is being released less than a week later. The music industry is going through a dizzying transformation. This is important. Also, I am nervous.
Her BF Joe Alwyn wrote three songs with her on this album (and two on the last). If he turns out to be Yoko Ono I am going to be irate.
1) Having been around the edges of it at the time - it wasn’t just that Facebook got acquisitions done; it was the price they paid for the assets they assembled 💰.
2) Most of these acquisitions were of revenue-less companies. Valuing them was more of an art than a science. And you’d be naive to think Facebook didn’t use this to their strategic advantage.
3) The price is paid for these companies was consistently and conveniently out of range for FB’s competitive set. But the deals had the happy little accident of driving comparable company values beyond the point where Twitter et al could realistically acquire them to keep pace.
be healthily suspicious of the movement to WFH because it seems to be driven through the filter of cost savings in physical office, liability and “localization” of salaries instead of a genuine belief in what’s better overall for workers (even if it is)...
and while companies and leaders may indeed be having a moment of epiphany about ways of working, they are almost certainly having an epiphany about how to secure 2021’s bonus pool in parallel, so workers would be wise to challenge their leaders in the following three ways on WFH:
1) how will we invest in my mental health to counterbalance the downside of physical isolation and distance from human beings given we are chemically wired to be together with others