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64: Liam Martin – The Asynchronous Mindset & Methodology--Key to Working “Remote First”

64: Liam Martin – The Asynchronous Mindset & Methodology--Key to Working “Remote First”

FromTransforming Work with Sophie Wade


64: Liam Martin – The Asynchronous Mindset & Methodology--Key to Working “Remote First”

FromTransforming Work with Sophie Wade

ratings:
Length:
57 minutes
Released:
Jan 20, 2023
Format:
Podcast episode

Description

Liam Martin, who co-founded and runs Timedoctor and Staff.com, is an avid proponent of remote work and co-organizer of the Running Remote conference. Liam draws on much personal experience learning the asynchronous mindset and optimizing designing processes to enable “deep work” by distributed teams. For the new book he co-authored, Running Remote, Liam researched how remote pioneers built their businesses. He shares high level and granular advice, including useful tools and practices for organizations interested in improving their hybrid models or going fully remote.     KEY TAKEAWAYS   [03:30] Liam left home at fifteen to compete internationally for Canada in ice dance.   [04:39] Liam suffers a career-ending shattered kneecap which forced him to refocus his life at 19.   [07:28] Growing up in international training centers left Liam with no High-School diploma.   [08:45] The discipline required to compete at the highest level of sports can be useful in other fields, such as business.   [09:40] Liam starts teaching as a lecturer at McGill but discovers entrepreneurship is a better fit.   [12:10] 6 For those interested in entrepreneurship but thinking about college after high school, Liam shares his opinion based on his own experience.   [13:29] Liam discusses what he worked out about the mechanics of business.   [14:23] Key learnings as Liam was forced into a remote business early on.   [16:07] The tutoring business hit an issue tracking work which Liam and his new business partner, Rob Rawson, created a new venture to solve.   [17:20] They launch the Running Remote conference in 2018 to support people wanting to build and scale fully remote companies.   [18:16] In 2018, there were only seven companies with over 1000 people that were fully-remote.   [19:07] In his book, Running Remote, Liam explains how remote pioneers have a different methodology to running their businesses.   [20:17] The Future of Work is trending to be mostly hybrid, but distance bias must be overcome.   [21:20] Leaders are choosing to work remotely certain days to mitigate distance bias.   [22:34] Asynchronous management is the key methodology remote pioneers implemented - the ability to be able to communicate without directly interacting with someone synchronously.   [23:47] To deploy a hybrid work model successfully, Tenet 1: Deliberate over-communication.   [25:06] Liam starts interacting with “on-premise” organizations and is very surprised at the lack of documentation for everything.   [27:03] Tenet 2 - Democratized workflows – the ability to have information available to everyone.   [27:37] Relinquishing control of information is difficult, but it enables better decision-making.   [28:54] Tenet 3 – Really detailed metrics – the most difficult part.   [29:23] If process documentation feels overwhelming, Liam advises starting with an asynchronous week.   [30:41] More than 95% of process documents are never accessed. Is this an opportunity for ChatGPT?   [32:23] The number one reason companies failed to become fully (90%) asynchronous.   [33:40] The system needs to become the manager then managers can focus on people.   [34:34] Weekly iterations are ideal, biweekly at the most.   [36:08] Liam’s book “Running Remote” is “Deep Work” (by Cal Newport) for organizations—emphasizing people working independently.   [38:17] Most asynchronous—remote first—organizations Liam spoke with for the book target ~10% of synchronous communication per day.   [39:12] Synchronous communication for fully-remote and hybrid organizations is currently probably around 40-50%, which is too high to be effective.   [40:32] Liam believes that synchronous may allow better communication and development of ideas in the startup phase, but asynchronous management is much more effective to scale a company.   [42:19] 13% of all remote workers are customer support reps. From onboarding to training asynchronous can do it better and faster.   [44:06] Liam’s goal is to reduce meetings and giv
Released:
Jan 20, 2023
Format:
Podcast episode

Titles in the series (100)

Sophie addresses current business conditions and explores ways to navigate the disruption. She shares informative insights and interviewing leading innovators who are providing or benefiting from transformative solutions that will allow companies to emerge with sustainable models, mindsets, and business practices. Find out how to transition to more effective, productive, and supportive new ways of working—across locations, generations, and platforms—as we harness these challenging circumstances to drive significant, multidimensional changes in all our working lives.