GenuineVC David Beisel's Perspective on Digital Change

March 23, 2006

One of the first people who I ever worked for (Kelley Murphy, a partner at The Parthenon Group at the time) used to mandate something of his employees which I’ve rarely seen done since, though it significantly impacted me as I thought it was (and is) incredible valuable. He used to periodically ask everyone to take time to think. His team members would block off time during a critical juncture in a project or undertaking, and leave time for unstructured individual contemplation of the larger current work situation at hand. Requiring that people briefly pause from the action-oriented workday not only gave employees a brief respite from the pile of to-do’s, it more importantly provided an opportunity for everyone to take a step back to gain a broader (and fresh) perspective. It amazed me how many great ideas came out of doing “nothing,” as opposed to the normal workflow, or even structured brainstorming. In the frenetic pace that is startups (and venture capital), I suspect that if every so often everyone stopped (even if for an hour or two) to think, a lot of good would come of it.

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  • Lee Hower
     - 4 hours ago
    @epaley in June 223K new jobs, but 432K people dropped out of labor force… participation fell to lowest in nearly 40 yrs
  • Lee Hower
     - 4 hours ago
    @epaley doesn't make sense when lower unemp % being driven mostly by ppl dropping out of labor force, not getting new jobs
  • Lee Hower
     - 4 hours ago
    @epaley but some have suggested US is moving to a lower equilibrium for full employment, e.g. "normal" unemp % is now lower than historical
  • Lee Hower
     - 4 hours ago
    @epaley yes net job creation is obviously good… monthly avg in 2015 slower than 2014, but still a bit over 200k/mo thus far thru 1H
  • Lee Hower
     - 4 hours ago
    @shaig most fintech focus on pymts & lending, I'd also try to include speakers that can touch on insurance too (will think on suggestions)

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