Cover of The Great CEO Within: The Tactical Guide to Company Building by Matt Mochary - Business and Economics Book

From "The Great CEO Within: The Tactical Guide to Company Building"

Author: Matt Mochary
Publisher: Unknown Publisher
Year: 2019
Category: Business & Economics
Chapter 2: Individual Habits
Key Insight 2 from this chapter

Strategic Focus, Time Management, and Communication

Key Economic Insight

To counteract the common issue of leaders feeling overwhelmed by immediate, small tasks while neglecting important, long-term goals, a 'top goal' framework is essential. This framework mandates scheduling two hours every single workday to focus exclusively on the primary goal for the current quarter. This dedicated time is most effective when scheduled early in the day, leveraging the brain's peak decision-making and thought-processing energy after rest. During these two hours, it is crucial to avoid all distractions, including emails, texts, and calls, ensuring undivided attention on the top priority. For individuals unaccustomed to such focused work, a gradual implementation is recommended, starting with thirty minutes daily for a week, then increasing to one hour, and finally reaching the two-hour target.

Punctuality for every appointment is critical, demonstrating respect for others' time and productivity. If a delay is inevitable, it is imperative to notify other meeting participants as soon as the delay is realized, and ideally before the meeting is scheduled to begin, using the fastest communication channel available. Beyond mere timeliness, 'being present' in meetings is equally important; this means arriving composed, prepared, and fully focused on the subject matter. To facilitate this, buffer time should be built into the schedule—fifteen minutes before outside meetings and five to ten minutes before internal ones. Implementing twenty-five- or fifty-minute meeting blocks can also naturally create these necessary transition periods, allowing for self-maintenance and preparation.

During meetings, a common mistake of constantly checking messages is highly detrimental; it signals disrespect to attendees, undermines the purpose of collaboration, and sets a poor cultural precedent for the entire company. Phones should be kept out of sight, such as in a pocket or facedown. Furthermore, for information that is frequently communicated, if something is said for a second time, it should be documented immediately, for instance, in a company-wide wiki or, if seminal, posted on a wall. This practice significantly improves communication quality and reduces repetitive explanations. Cultivating gratitude as a daily practice, by specifically identifying things one is thankful for (e.g., 'I am grateful for John's help with the sales process'), shifts focus to positive aspects, enhancing personal well-being and performance. Extending this to 'appreciation' for others, by specifically acknowledging their contributions, not only boosts their morale and strengthens connections but also positively reframes one's own perception of them; the only appropriate response when receiving appreciation is a simple 'Thank you', without downplaying the act.

📚 Continue Your Economic Learning Journey

Access the complete The Great CEO Within: The Tactical Guide to Company Building summary with audio narration, key takeaways, and actionable insights from Matt Mochary.