Zoom does not focus on revenue goals, but rather we have confidence that focusing on the happiness of existing customers and our employees will organically increase growth.
Eric YuanRead
If you see your company culture as a family, you don't want to fire someone just because their short-term performance is not good. If you do, even the people on your team who are excellent performers will look at what's going on and say, 'Someday you might fire me too.' You'll lose everyone's trust.
Interpretation
Treating company culture like a family fosters trust and loyalty among employees.
In this quote, Eric Yuan emphasizes the importance of viewing company culture as a familial bond rather than just a performance-based assessment. By nurturing a supportive environment where colleagues are valued beyond their immediate results, leaders can maintain trust and morale among their teams, preventing a culture of fear and uncertainty about job security.
In practice
In a team meeting discussing performance evaluations, this quote can be referenced to advocate for a supportive review process.
Zoom does not focus on revenue goals, but rather we have confidence that focusing on the happiness of existing customers and our employees will organically increase growth.
We really don't look at our competitors. The market is big. If you focus too much on competitors, you can lose focus on the customer. If we make our customers happier, we are going to win.
Rule a kingdom as though you were cooking a small fish - don't overdo it.
Managers often hold on to resisters because of a specific skill set or because they've been around for a long time. Don't.
The one thing that I know is that you win with good people.
There's no other job in public life that is like chairman of the Fed.
To continue my efforts as a leader for my people and to follow my family's legacy of providing legitimate opportunities for Aboriginal and Torres Strait Islander people through my sport of basketball is the true outcome of my personal success and accomplishments.
A leader is one who knows the way, goes the way, and shows the way.
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