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.
If you work for and eventually lead a company, understand that companies have multiple stakeholders including employees, customers, business partners and the communities within which they operate.
I don't like offending people, and it's easy to offend people when you don't know as much as they do. This group knows more about what it takes to lead in this way than I ever will. My goal is to push people, but I need to do it from a place of respect.
The greatest ally you have to get things working well and the players performing as a team is the bench. Don't be afraid to use it, either for the star player or anyone else.
When trust is high, the dividend you receive is like a performance multiplier, elevating and improving every dimension of your organization and your life.... In a company, high trust materially improves communication, collaboration, execution, innovation, strategy, engagement, partnering, and relationships with all stakeholders.
Team leaders have to connect with their team and themselves. If they don't know their team's strengths and weaknesses, they cannot hand off responsibilities to the team. And if they don't know their own strengths and weaknesses, they will not hand off responsibilities to the team.
I hate to speak about individuals. Players don't win you trophies, teams win trophies, squads win trophies.
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