The parable of “[...] give a man a fish, and he will eat for a day. Teach a man to fish, and he will eat for a lifetime,” is not a new biblical allegory. If a person is teachable, he or she becomes better equipped for glitches that will inevitably happen; and therefore, be a more valuable part of the team – and that includes C-level managers. An entrepreneur starting out in the tech realm may have limited management skills but inspiring loyalty and creativity from employees may be as easy as following an age old fable.
If a leader, whether CTO, CEO or even storefront owner, isn’t equipped for some degree of “failure”, the world will perpetually seem a very difficult, disappointing place. A champion of mentorship will pave a more direct road to greater long-term achievement within a company. Developing an open teaching culture within your industry will ultimately produce better ideas, improve business transparency and maintain happier employees – as recent Gallup study will corroborate:
“Managerial actions and practices can impact employee work conditions and employee perceptions of these conditions, thereby improving key outcomes at the organizational level. Perceptions of specific work conditions that engage employees in their work provide practical guidance in how best to manage people to obtain desired results.”
Some teaching and engagement approaches that can align your employees with your company’s mission include 8 key practices:
Ask employees for their ideas Inspire company camaraderie with team projects in and out of work Enable employees to make mistakes Welcome employee feedback on culture with monthly “All Hands On Deck” Discussions Offer continuing education reimbursement Fund industry conferences Give specific praise Make yourself available
When translating the ‘instructive fishing’ analogy into a tech startup’s development, it is important to note what agile means by definition. In dev allocution, it should describe the agility to turn miscalculations into opportunities, to execute better the next time around and to cut down the recidivism of similar blunders happening again. Agility at its best will promote adaptive strategies, evolutionary development and encourages rapid, flexible responses to an ever-changing technologies landscape.
Google recently readjusted their business structure and introduced a parent company that will now house Google and its counterparts, called Alphabet.
Alphabet will be run by Google co-founders Sergey Brin and Larry Page; Sundar Pichai, formerly the senior vice president of product, will assume the role as Google’s new CEO. The tech giant’s announcement came as a bit of a surprise as it took news publications by storm but the structural change is well in-tune with Google’s roadmap.
Alphabet’s inception plans to give former Google companies the ability to build their own brands and allows Google to focus on different types of products among their different ventures. This move also helps Google retain top talent because it allows the CEOs of their acquired companies to still hold rank within their entity.
“The whole point is that Alphabet companies should have independence and develop their own brands,” said Page in the announcement.
Seven companies will exist under Alphabet, one of which is Google. Calico – research and biotech development lab, Google Ventures, Google X, Fiber, Google Capital, Nest, and Google itself now live under the new parent company.
Since the announcement of Alphabet, shares rose 6%. A relatively massive increase and a sign of belief from not only Google’s consumers but more importantly, Google’s investors. The public is more than likely going to see a larger plan than Google once actively publicized. It’s said that the creation of Alphabet gives Google a better ability to focus on future innovative products that affect the population on a grander scale. This includes their involvement with life sciences, research through their independent labs, and a few other ventures directed to improve society as a whole.
Alphabet will continue trade under GOOGL and GOOG stock symbols even when the umbrella company change manifests this year.