Lesson Five: High Morale Makes Creativity Cheap
The Quarterly: It sounds like you spend a fair amount of time thinking about the morale of your teams.
Brad Bird: In my experience, the thing that has the most significant impact on a movie’s budget—but never shows up in a budget—is morale. [what’s true for a movie is true for a startup!] If you have low morale, for every $1 you spend, you get about 25 cents of value. If you have high morale, for every $1 you spend, you get about $3 of value. Companies should pay much more attention to morale.
I nearly fell out of my seat laughing when I read this Dilbert post:
Researchers have discovered that people who are incompetent generally lack the knowledge that they are incompetent.
This lack of self-awareness is the glue that holds democracy together.
It is all the more funny because I mostly agree!