Listen to the podcast:
Business Efficiency Thru Communication & Processes, Nick Sonnenberg CEO of Leverage
About Our Guest:
Nick Sonnenberg, business efficiency expert, and author of the Idea to Execution book. He is the founder and CEO of Leverage; he uses his background in data science to disrupt the way people work by leveraging the power of outsourcing, common tools, and automation.
Connect with Nick Sonnenberg
On PivotMe today, we have Nick Sonnenberg, business efficiency expert, and author of the Idea to Execution book. He is the founder and CEO of Leverage; he uses his background in data science to disrupt the way people work by leveraging the power of outsourcing, common tools, and automation.
Nick explains how his former career as a high-frequency trader taught him to celebrate micro wins to make significant changes.
In this episode, Nick explains in detail how to use tools to document systems and processes in an organization for effective communication and work management. Listen in to learn how you can execute your ideas properly by enhancing your capability and capacity to do so.
Pivotal Questions Asked:
[3:30] Can you talk to us about the high-frequency trader, the work that you did, and how it translates over to your work today?
[6:25] How were you not grappling with impostor syndrome handling $10-$20 billion in your mid-twenties?
[16:39] Can you tell us more about your new book?
[23:29] What would you say to a pivoter that’s running a $10 million organization trying to figure out which tool to use?
[35:28] When was the moment that you realized it was time for you to leave finance and do something else?
[46:04] If you could tell the world one thing, what would it be?
In This Episode You Will Learn:
[11:30] The difference between being detail-oriented and perfectionism in process documentation.
[14:27] How to enhance your capabilities and capacity for proper ideas execution.
[16:48] The CPR framework (communicate, plan &resource) – how teams and organizations can use tools and systems to save time.
[30:49] Why you should get to the root cause of your organization’s issues and get your systems and processes in order rather than hiring more people.
[38:52] The dynamic role optimization – the importance of responsibilities documentation and getting junior work off of senior people’s work.
[46:08] How to change your mindset and set your company to optimize for speed of retrieval vs. speed of transfer.
“Ideas are valuable but if you don’t have a system to capture or prioritize them, if they never see the light of day, they’re worth nothing.”- Nick [14:43]
“It’s not the best ideas that come to the market, it’s often ones that are consistently executed.”- April [16:27]
“If you don’t know when or how to use a tool, it’s going to hurt your company, not help your company.”- Nick [19:11]
“The world is changing so fast, being agile and able to pivot quickly is critical.”- Nick [29:47]
‘Your ability to execute and be agile and change is going to be critical to staying relevant and able to grow.”- Nick [30:03]
“Adding more people to an inefficient process makes everything harder.”- Nick [32:28]
Connect with Nick: https://www.getleverage.com/