Takeaways: - Taking ownership = being responsible for everything you do - Ask yourself, "Can I send my work to the client and it will be complete and sufficient?" - Don't always go to your team lead when you are missing information. Reach out to other departments yourself, etc. - Think one step ahead, and don't always JUST do what you're told. If there's something else you think should be added, add it or talk to your supervisor about it
Make sure to watch the whole video. In the middle of it I share a tip I learned at McKinsey about how to improve your Ownership Mindset. Hope this is helpful!
I know that this is a bit of an old video, but this has had a profound impact on me. My boss has said I need to own it but it never really clicked until now. Thanks
Thank you for such an insightful video, Heinrich. I have been doing my internship for half a year now and have been struggling to set up an ownership mindset from the start. Your video absolutely make the topic really clear and set me in the right mindset. Thank you so much as always! Keep it up🎉
Hi Fadira, thanks for the feedback. Yes, had some issues with my audio setup in the first videos. Should be fixed in all the newer ones :) Best and thanks for watching! Heinrich
Great videos on the channel, thanks for the content. How would you allow/ensure that other people share their opinions/ideas if the content is already "ready for the board"? Isn't there a risk of blocking creativity and thoughts of others collaborating, maybe more introvert people, if they get a finished looking doc? I feel this approach might be hindering at some point
Hi Marcel, trust me that it unfortunately happens far too often that a polished deck gets completely destroyed by partners etc. the evening before an important meeting. Iterating on such decks is common practice. Thanks for watching! Best, Heinrich
Great video....the mindset hack I used to develop ownership mindset is I try to think of myself as company e.g. Faruq Haider INC and this company is delivering a service. I ask two questions: (1) will my company Faruq Haider INC receive great reviews (2) will my company Faruq Haider INC receice more work/high profile work because of the work products? .....if the answer to the questions is not sure....50-50....I know it is time to go back....
Sir…..GREAT video. I am applying this approach at work and it is hard. It requires work. It also achieves results and provides answers. BTW I’m in the social services…..
Hi Michael, give them feedback :) One little thing you can try out to start building this mindset with your team is to never accept someone coming to you only with a problem / question. Always expect them to also come with a proposal for a solution. Make it clear that you are happy to co-create the solution with them, but you always expect them to bring a suggestion for how they propose to resolve the situation first. Best! Heinrich
Consulting is great, but in many ways a lot of "theory" and less execution. After 6 years, I was looking for a change into a more entrepreneurial role, which is why I now switched to a managerial position. Best!
I was very guilty of that in the first few years of my career. What do you think by the way about the Zalando CEO quitting early to allow his wife to meet her career goals?
what do you do when you started at a job with a full on ownership mentality mindset, but the company culture eventually took that ownership mentality away from you?
Hi Shane, indeed can see where you are coming from, some organizational cultures are just not great. If you really feel like the culture is toxic and a bad environment, at some point you might also consider leaving. Best, Heinrich
Takeaways:
- Taking ownership = being responsible for everything you do
- Ask yourself, "Can I send my work to the client and it will be complete and sufficient?"
- Don't always go to your team lead when you are missing information. Reach out to other departments yourself, etc.
- Think one step ahead, and don't always JUST do what you're told. If there's something else you think should be added, add it or talk to your supervisor about it
Diligent summary!
Good summary of the important points.
A professional that has ownership of a project is a distinctive professional.
Make sure to watch the whole video. In the middle of it I share a tip I learned at McKinsey about how to improve your Ownership Mindset. Hope this is helpful!
Wow! How much your channel has evolved over the years!! Awesome!
This video should be viewed 100 times so that the advices would be glued to the brain
I am glad that you like the video and have found it helpful! Thanks for watching :)
I know that this is a bit of an old video, but this has had a profound impact on me. My boss has said I need to own it but it never really clicked until now. Thanks
Super happy to hear you got value out of it. Appreciate your comment! All the best to you - Heinrich
My business mentor I did know I had. Like the German accent more so the content. I asked them all and you answered. danke aus tiefstem herzen
I absolutely need to work on this. This has been the biggest piece of feedback I have received since joining consulting
True leadership is creating leaders.
Thank you for this video. I really needed to hear this. There were very actionable things I am going to implement.
Thanks Samuel!! Best, Heinrich
Thank you for such an insightful video, Heinrich.
I have been doing my internship for half a year now and have been struggling to set up an ownership mindset from the start.
Your video absolutely make the topic really clear and set me in the right mindset.
Thank you so much as always! Keep it up🎉
This kind of content is pure gold!
As a data scientist I see a lot of overlap between the skillset of data scientist and consultants and these videos has helped me a ton!
Hi Wei, super happy to hear that, thanks for your comment! Best, Heinrich
Thank you so much for the Video. Thats something That noone really tells you but its so important
Thanks! That is very encouraging for someone who is just starting with the channel as I am :) Best, Heinrich
Hi Heinrich,
I noticed the sound might need to be increased.
Anyhow, thanks for sharing. It is best as always. Kind regards/ Fadli
Hi Fadira, thanks for the feedback. Yes, had some issues with my audio setup in the first videos. Should be fixed in all the newer ones :) Best and thanks for watching! Heinrich
Great video, thank you!
Thank YOU for watching, appreciate it Edward! Best, Heinrich
Amazing video!
Thanks!
Great videos on the channel, thanks for the content.
How would you allow/ensure that other people share their opinions/ideas if the content is already "ready for the board"? Isn't there a risk of blocking creativity and thoughts of others collaborating, maybe more introvert people, if they get a finished looking doc? I feel this approach might be hindering at some point
Hi Marcel, trust me that it unfortunately happens far too often that a polished deck gets completely destroyed by partners etc. the evening before an important meeting. Iterating on such decks is common practice. Thanks for watching! Best, Heinrich
Thank you for the valuable insight
thank YOU for watching!! Best, Heinrich
Great video....the mindset hack I used to develop ownership mindset is I try to think of myself as company e.g. Faruq Haider INC and this company is delivering a service. I ask two questions: (1) will my company Faruq Haider INC receive great reviews (2) will my company Faruq Haider INC receice more work/high profile work because of the work products? .....if the answer to the questions is not sure....50-50....I know it is time to go back....
Hi Faruq, pretty cool and powerful advice. Trust this will be helpful to many - thank you for sharing! Best, Heinrich
Sir…..GREAT video. I am applying this approach at work and it is hard. It requires work. It also achieves results and provides answers. BTW I’m in the social services…..
Glad to hear you liked the video, appreciate it! All the best to you and your career in social services! Best, H
Very nicely explained.
Thanks for watching!
Great talk !
Thanks!! Best, Heinrich
I understand ownership but extra eyes are always good especially when doing data driven analyses. There's a reason why we work in teams.
Hi Kriti, yes you are absolutely right. This is not to dismiss the value of team work. Thanks for watching! Best, Heinrich
What it means is that the work you create will be so good that when it is reviewed it will have no errors. EVEN if it has errors, they will be minor
YES!!!!!
this is great! if you can add analogy or examples would be even more influential.
Hi Usha, thanks for your comment and feedback. Great idea, might pick this up in the future! Best, H
nice
Thanks Ramanathan!
Thanks for the video, but the ads were a little distracting for me
Hi Sarvesh, thanks for your feedback! Will continue to work on the ad balance! Best, Heinrich
@@FirmLearning I hate the adverts too - but then I don’t want to pay for the videos either :-)
Hey Heinrich, what can I do so my team members develop this Mindset. Best Michel
Hi Michael, give them feedback :) One little thing you can try out to start building this mindset with your team is to never accept someone coming to you only with a problem / question. Always expect them to also come with a proposal for a solution. Make it clear that you are happy to co-create the solution with them, but you always expect them to bring a suggestion for how they propose to resolve the situation first. Best! Heinrich
Thanks Heinrich, this is a very helpful trick, I will try it out. :)
Great
:) Thanks for watching :)
Why did you leave consulting?
Consulting is great, but in many ways a lot of "theory" and less execution. After 6 years, I was looking for a change into a more entrepreneurial role, which is why I now switched to a managerial position. Best!
I was very guilty of that in the first few years of my career. What do you think by the way about the Zalando CEO quitting early to allow his wife to meet her career goals?
Hi Alistair, regarding the Zalando CEO, I see this as a personal decision of him / his family. Good for them! Best, H
Lablablalabla.
Sorry to hear you did not enjoy the video. Still thanks for watching!
what do you do when you started at a job with a full on ownership mentality mindset, but the company culture eventually took that ownership mentality away from you?
Hi Shane, indeed can see where you are coming from, some organizational cultures are just not great. If you really feel like the culture is toxic and a bad environment, at some point you might also consider leaving. Best, Heinrich
Try changing your background as is too plain. Will make your videos more interesting
Thanks for the suggestion Anna. Yes, need to work on this indeed :) Best, Heinrich
Get to the chopper
Way to go! ;)
This can be in contrast to the concept of MVP or shitty first draft.