10 insights on the impact of silos — gillian tett

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This presentation consists of highlights from the interview with Moe Abdou,

founder & host of 33voices®.

Gillian Tett oversees global coverage of the financial markets for the Financial Times, the world’s leading newspaper covering finance and

business. In 2007 she was awarded the Wincott prize, the premier British award for financial journalism, and in 2008 was named British Business Journalist of the Year. Tett is the author of Saving the Sun: How Wall Street Mavericks Shook Up Japan’s Financial World and

Made Billions and The Silo Effect: Ordered Chaos, the Peril of Expertise, and the Power of Breaking Down Barriers.

Gillian Tett@gilliantett

US Managing Editor of the Financial Times

Can the study of anthropology help you make better decisions as a leader? Consider

these five insights from Pierre Bourdieu:

Insight #1

Can the study of anthropology help you make better decisions as a leader? Consider

these five insights from Pierre Bourdieu:Each of us creates mental maps and

classification systems inside our heads that help us make sense of the world.

Insight #1

Can the study of anthropology help you make better decisions as a leader? Consider

these five insights from Pierre Bourdieu:It is these patterns that help to reproduce the state of the elite since those at the top have

little interest in disrupting the status quo.

Insight #1

Can the study of anthropology help you make better decisions as a leader? Consider

these five insights from Pierre Bourdieu:None of us create these mental maps deliberately, instead they arise from

our semi-conscious instincts.

Insight #1

Can the study of anthropology help you make better decisions as a leader? Consider

these five insights from Pierre Bourdieu:Social silence matter as much, what’s

not heard or seen matters just as much as what’s said or heard.

Insight #1

Can the study of anthropology help you make better decisions as a leader? Consider

these five insights from Pierre Bourdieu:None of us are trapped in the mental maps that we inherit, we can change.

Insight #1

Insight #2

While silos are inevitable in an evolving enterprise, they can be crippling when

communication, collaboration and information flow breaks down. Stay fluid and flexible.

Insight #3

Breaking down silos can spark innovation in unexpected ways. Immersing yourself in a

different culture not only gives you a new perspective on life, more importantly, it will

help you escape from the prison of the classification systems that you inherit.

Insight #4

Incentive based compensation is more often destructive than it is motivating. When employees are rewarded purely on the basis of how their group performs, and

when groups are competing with each other internally, they’re unlikely to collaborate.

Insight #5

When it comes to combatting the problem of silos, mental reorganization can sometimes

be almost as effective as structural change, particularly if those two shifts go hand in hand. Think of how your perspective would change

if you always led with empathy?

Insight #6

Silo busting, Facebook | Experiment constantly, communicate horizontally, be deliberate about igniting human connections; and think about

how your employees define their world, classify their surroundings, and navigate boundaries.

Insight #7

“I learned to observe the world around me, and to note what I saw.”

- Margaret Mead on perspective

Insight #8

“Whenever you become good at maximizing past successes there

can be a tendency to have less synergies… and the competition does not respect internal boundaries.”

- Satya Nadella on the curse of success

Insight #9

Before you decide to change the world, solve a small problem, for you don’t have to start a revolution to make a difference.

Just shifting the dial a few inches matters just as much.

Insight #10

Mastering the barriers of Silos, both personally and professionally is a constant evolution. You can either

be mastered by your mental and structural silos or you can try to master them instead;

opt to reimagine the latter instead.

Reflect: If you were to look at the world from the perspective

of your consumer, what would you see?

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Presentation created by Chase Jennings

Insights by Moe Abdou

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