Richard Branson made headlines when he announced (via his blog) Virgin’s new “non policy” of no longer tracking workers’ vacation. Edoc also has a non-policy when it comes to keeping track of vacation time.
The benefits of allowing self-managing team members to use discretion so that they can “own” their time as they see fit include:
• Increased accountability (without any negative connotation!) to tasks and projects
• Increased motivation to achieve results
• Increased loyalty to the company that has afforded them this flexibility
• Increased creativity to solve problems
Give people the ability to manage their time and self-starters will surprise you. Imagine the idea of “accountability” taking on a whole new, positive meaning. At Edoc, we see accountability and project ownership as a positive path to astonishing results.
Given Richard Branson’s announcement, here are 11 of the most memorable quotes coming from the bold Founder and Chairman of the Virgin Group.
On Personal and Business Growth
1. “The art of delegation is one of the key skills any entrepreneur can master. If you find people who can take on tasks you aren’t good at, it frees you up to plan for the future. It also gives you time to spend with your family, which is the most important thing of all.”
2. “Engage your emotions at work. Your instincts and emotions are there to help you.”
3. “Entrepreneurship is about turning what excites you into capital, so that you can do more of it and move forward with it.”
4. “If you look at any of the early photos from Virgin’s History, you are likely to see yours truly wearing some (very fetching, if I do say so myself!) spectacles…
As I got older my eyesight began to deteriorate and I was still required to read huge amounts on everything from recording artist contracts to business pitches. In later life, I began wearing contact lenses for reading, but they didn’t really do the trick.
Then one day it was pointed out to me that I could just wear one reading lens in one eye, rather than wearing glasses. The brain naturally adjusts, and I am now able to read easily without the niggle of wearing glasses or having to feel old before my time! It has made reading far quicker, more comfortable and fruitful.
While some people have 20/20 vision, and many people will have differing eyesight that can be helped in different ways, concentrating on your eyesight can help you be far more productive…As so many of us spend hours glued to our mobile, laptop or tablet screens, if you aren’t careful you can damage your creativity as well as your eyes. By resting your eyes from the screen you can also relax your mind and create the space to come up with new ideas.”
On Remote Work
5. “One day offices will be a thing of the past….Choice [to work remotely] empowers people and makes for a more content workforce. In 30 years time, as technology moves forward even further, people are going to look back and wonder why offices ever existed.”
6. “Having always worked for myself, I’ve never had to play by anyone else’s rules, and I wouldn’t want to. This attitude has shaped my approach to management since Virgin’s early days, when I decided to grant our employees many of the same freedoms that I enjoy…By giving employees the same freedoms that the senior managers and I give ourselves, our team can successfully take on projects that other brands can’t…This policy also helps our employees to succeed because they can pursue their passions.”
The Big Picture
7. “If you aren’t making a positive difference to other people’s lives, then you shouldn’t be in business. Companies have a responsibility to make a difference in the world, for their staff, their customers – everyone.”
On Forward-Looking Leadership
8. “To be a real entrepreneur you always have to be looking forward. The moment you rest on your laurels is the moment your competition overtakes you.”
On The Power of Lists
9. “If you don’t write down your ideas, they could be gone by the morning. Write down lists to keep track of your goals, and you’ll be amazed what challenges you overcome.”
10. “Make lots of lists and keep setting yourself new challenges.”
11. “You will live a much better life if you just do it and pursue your passions. Those people who spend their time working on things they love are usually the ones enjoying life the most. They are also the ones who dared to take a risk and chase their dreams.”
Kim Sykes is a marketer and content creator at Edoc Service, Inc., a total virtual company.
Sources used in this blog include: