Alex Hormozi: The SIMPLE Managerial Framework that changed my business
Last updated: Jun 18, 2023
The video discusses a simple managerial framework, in the form of a triangle, that can help entrepreneurs diagnose why their employees may not be doing what they want them to do.
This video by Alex Hormozi was published on Jul 5, 2022. Video length: 10:51.
In this video, Alex Hormozi shares a simple managerial framework that he learned from his colleague Layla, which consists of a triangle with three reasons why someone may not do what you want them to do:
they don't know you want them to do it, they don't know how to do it, or they are not motivated to do it. Hormozi emphasizes the importance of communicating expectations clearly, repeating them, documenting them, and setting up a communication cadence around them. He also stresses the importance of training employees and providing them with clear instructions on how to do things, as well as how to report on them.
Finally, he reminds viewers that being advanced is simply never not doing the basics, even at scale.
Entrepreneurs need a managerial framework to influence their employees.
The framework is in the form of a triangle and helps diagnose employee behavior.
Communicating expectations, providing training, and motivating employees are key to achieving desired outcomes.
Regular communication and documentation of expectations is important.
Recognizing and rewarding good performance is crucial for employee motivation.