The Weekly Minute - March 17, 2023

The Weekly Minute - March 17, 2023

Brian Wagner

Happy St. Patrick’s Day! And Happy March Madness! 

We have a glorious weekend on tap. Let’s get into it — and hope we get more shots like this.

What I Read This Week, Harvard Business Review Edition

  • Understanding the Power of Intrinsic Motivation (via HBR)

    • The article discusses six ways to tap into your intrinsic motivation to perform better at work.

  1. Look to understand how your job fits into the bigger picture to find the value you’re bringing to the organization.

  2. Perform easy tasks right away to get quick wins and feel a sense of accomplishment.

  3. Avoid too much "mindless" repetition by changing how you approach a task.

  4. Look for opportunities to help your colleagues to feel rewarded and energized.

  5. Channel your frustrations into solutions by finding ways to solve problems.

  6. Take time to reflect and celebrate your successes to maintain your motivation.

  • What the Most Productive Companies Do Differently (via HBR)

  • HBR discusses the declining trend of productivity growth in the US and suggests that if the US can get back to the long-term trend, it could be worth $10 trillion in cumulative GDP by 2030. The article mentions the role of companies in increasing productivity growth, highlighting that there are striking variations in productivity among leading and lagging firms within each sector. 

  • The article describes the four elements of a playbook that frontier firms use to unlock performance:

    • Capturing value from digitization

    • Investing in intangibles

    • Building a future-ready workforce, and 

    • Adopting a systems approach

  • The article suggests that firms of all sizes can apply these lessons to increase productivity growth.

  • Use the Science of Flourishing to Increase Your Well-Being (via HBR)

  • This piece dives into the concept of "flourishing" and how it can help individuals protect and rebuild their mental and physical health from stress and burnout, which have been exacerbated by the pandemic. Flourishing is a holistic framework for well-being that involves connecting to a sense of purpose, experiencing positive emotions, building relationships, and recognizing accomplishments. 

  • Offered in this article are three evidence-based practices that take five minutes or less to cultivate flourishing.

    • Establish a gratitude practice, reflecting on things you are grateful for in your life, and sending a quick gratitude message to someone. 

    • Prioritize acts of kindness, which can be small and creative, and done in a single day.

  • Finally, the article emphasizes the importance of cultivating well-being habits early on in our careers.

Three Quotes 

  • In honor of March Madness, here are three inspiring quotes from John Wooden:

    • "Success is peace of mind which is a direct result of self-satisfaction in knowing you did your best to become the best you are capable of becoming."

    • "Don't let what you cannot do interfere with what you can do."

    • "Things turn out best for the people who make the best of the way things turn out."

Healthcare Corner

  • What will health systems prioritize once Gen Z is running them? (via Becker’s)

    • Generation Z is inheriting a troubled healthcare system: staffing shortages, caregiver burnout, pandemic aftershocks, financial woes. But these industry challenges are not scaring young people away from healthcare — they're motivating them to run toward it. 

    • Becker's spoke with 12 master's students from leading healthcare administration programs about why they chose to enter the field and what they will prioritize when they stand at hospitals' helms. The students shared their motivations for entering the healthcare industry, which include witnessing disparities in healthcare and the desire to improve racial equity and cultural competence within the healthcare system. They referred to themselves as "change agents," expressing a desire to transform and innovate within the industry and push boundaries. 

    • The rising generation wants to leverage emerging technologies to create a personalized patient experience that extends the continuity of care beyond hospital walls. The students aim to take the industry towards a more just and equitable state and are particularly interested in improving outcomes for vulnerable populations, digital transformation of health systems, and building a more age-friendly healthcare system.

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