Have you ever been on an executive team where things just clicked? You had a common goal, communication flowed easily, and everyone was willing to put in the long hours for a final push.
Having a set of norms that an executive team consistently follows helps team members be clearer about each other’s intentions, increases trust, saves time, decreases backbiting and politics, and sets a clear operational compass for the rest of the organization. When employees observe their senior executives behaving in intentional, transparent, and consistent ways, they’re inspired to follow them and adopt those norms themselves.
To create your own executive team norms and put them into practice, follow these five steps:
- Identify successful norms based on your past experience. Think back to a team where things worked well and then identify one to three norms that contributed to that success.
- Break down the norms into behaviors. Once you have an abstract list of norms, turn them into measurable behaviors. For example, one norm might be to encourage equal participation in meetings. As a team, ask yourselves what equal participation in meetings looks like.
- Commit to five norms or fewer. Prioritize what you want to tackle first. It’s OK to start with just one norm, but don’t take on more than five at once. Focusing on fewer norms increases your chances of remembering them and practicing them regularly.
- Create a recurring plan. Too often executive teams spend time at an offsite coming up with well-crafted norms, only to fail to transfer them to the boardroom on Monday morning. Create a plan with owners and time lines for how you will follow through on each norm.
- Create a system of mutual accountability. Discuss how you will hold each other accountable if you don’t practice the norms you’ve agreed to. What will you do if, after repeated check-ins, there’s still no progress?
Consciously agreeing on how you will work together and sticking to that agreement is essential to having a high-performing team — especially at the executive level. Not only will you create a high-functioning team capable of achieving extraordinary results, but you will also model creating such teams for the rest of your organization.
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Here are my expectations for 2018!
1) The technological battle against diabetes flares up. According to the latest estimates of the WHO, 422 million people suffer from diabetes worldwide – and the number is growing steadily. We should step up our efforts at least against Type 2 diabetes, which can be prevented with conscious lifestyle choices. Digital health offers great help both in the management of diabetes and hopefully in its prevention.
2) The bond between health insurance and wearable trackers gets stronger. In November 2017, Qualcomm and United Healthcare announced that they have integrated Samsung and Garmin wearables into their national wellness program. It enables eligible plan participants to earn more than $1,000 per year by meeting daily walking goals. I believe this is just the beginning of a beautiful friendship between health insurance companies and wearable manufacturers.
3) Mixed reality integrates into medical education. Augmented and virtual reality has a great potential to reform medical education. More and more apps and programs appear to help medical students learn anatomy or practice surgical procedures.
4) Medical study 2.0 underway. In 2014, Verily, Alphabet’s research organization devoted to the study of life sciences, announced the Baseline Project, a collaboration with Duke University and Stanford University to try to get a sense of what a “normal” human looks like. Then in April 2017, Verily announced that it will enroll 10,000 healthy people to its Baseline Project. The study has the potential to significantly broaden our knowledge about human health. Research starts in the San Francisco Bay Area and North Carolina, though scientists behind the effort hope to expand the areas surveyed.
5) Regulatory discussions intensify as bioprinting tissues comes closer to reality. The San Diego-based company, Organovo cooperates with the FDA in order for the agency to understand the process of bioprinting to be able to regulate it well. As their first bioprinted products are expected to make it to the FDA in 2019, we’ll see a lot of regulatory discussions about 3D bioprinting in 2018.
6) Artificial Intelligence gets medical evidence. Although A.I. is already thriving in healthcare we have only seen a few peer-reviewed papers written by A.I. ventures by the end of 2017. We should expect to see more scientific papers in 2018 that prove their use cases. It is important as these lay down the foundation for A.I. in healthcare and underpin its credibility as an innovative and useful medical tool.
7) Apple enters the healthcare race. In November 2017, the FDA cleared the first medical device accessory for Apple Watch, EKG wearable manufacturing Alivecor’s Kardiaband. It is basically a sensor able to detect abnormal heart rhythm and atrial fibrillation (AFib); which sends all its findings to the accompanying app on the Apple Watch. Moreover, Kardiaband’s smart algorithm is able to analyze and predict heart rate. A few months earlier, Apple also launched an initiative called the Apple Heart Study in partnership with Stanford Medicine. Moreover, in December 2017, the tech giant announced the development of an advanced heart-monitoring feature for future versions of its smartwatch. All these steps suggest that we can expect a more powerful presence of Apple on the healthcare market.
8) A start-up using blockchain to encrypt health data. The blockchain is as much of a buzzword in 2017 as A.I., but there are many ways to leverage on the complicated technology in healthcare, for example in medical record management, data security or pharmaceutical supply chain management. In September 2017, IBM Watson signed a 2-year agreement with the FDA to explore the use of blockchain technologies to securely share patient data.
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Glassdoor's list of the 100 best companies of 2018 saw plenty of newcomers — 40, to be exact.
But only three companies have managed to make the job site's list every year since its launch ten years ago. And they're all big names: Bain & Company, Google, and Apple.
Business Insider decided to take a look at some of Glassdoor's analytics to figure out what reviewers love about these three companies.
Bain & Company
- Ranking on the 2018 list: No. 2
- Overall employee rating: 4.7 out of 5
- 98% of employees approve of CEO Bob Bechek.
- Interview difficulty: 3.6 out of 4
- 76% of interviewees had a positive experience.
- Sample interview question: "Walk me through your résumé."
- Most talked-about perks on Glassdoor: Maternity and paternity leave, health insurance, vacation and paid time off
- 96% of employees would recommend Bain to a friend.
- Ranking on the 2018 list: No. 5
- Overall employee rating: 4.4 out of 5
- 96% of employees approve of CEO Sundar Pichai.
- Interview difficulty: 3.4 out of 4
- 60% of interviewees had a positive experience.
- Sample interview question: "What are the guarantees on search time for various data structures?"
- Most talked-about perks on Glassdoor: Free food, health insurance, 401K plan
- 91% of employees would recommend Google to a friend.
- Ranking on the 2018 list: No. 84
- Overall employee rating: 4.0 out of 5
- 93% of employees approve of CEO Tim Cook.
- Interview difficulty: 3.0 out of 4
- 66% of interviewees had a positive experience.
- Sample interview question: "Tell me a time where you made a mistake and admitted so."
- Most talked-about perks on Glassdoor: Employee discount, health insurance, 401K plan
- 79% of employees would recommend Apple to a friend.
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