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8 Feb 2024 · 1 min

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A speaker addresses leadership philosophy, arguing that people primarily seek meaning rather than wealth. Wealth is described as an expression of meaning (e.g., buying a house or traveling), but leaders should focus on helping employees identify meaningful goals rather than providing material 'gifts'—which the speaker argues are less satisfying because they aren't personally accomplished.

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I argue, no one's looking to get rich. We're all looking for meaning. And wealth is an expression of meaning, but also to getting that house or traveling outside the country for the first time. And so our job as leaders is to identify and understand the meaning or meaningfulness everyone's trying to achieve. I also feel, and we've tested and proven this effectively, that the job of the leader in the company is not to satisfy, that the company does not buy the house for that person, does not get the tickets. You can fly outside the country. That's called gifts. And gifts are nice. But gifts are not meaningful in that they're not accomplished, so they're not satisfactory in many ways.