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Julia Dhar

πŸ‘€ Speaker
1038 total appearances

Appearances Over Time

Podcast Appearances

Motley Fool Hidden Gems Investing
The Hidden Forces Behind Every Investment Decision

And then there's something really unusual about founders or very senior leaders that they love to change.

Motley Fool Hidden Gems Investing
The Hidden Forces Behind Every Investment Decision

And the thing that we discovered was, indeed, founders and very senior executives, generally speaking, do like to change.

Motley Fool Hidden Gems Investing
The Hidden Forces Behind Every Investment Decision

If you ask them about any type of change, about 70% of them say, well, I feel positive or very positive about that.

Motley Fool Hidden Gems Investing
The Hidden Forces Behind Every Investment Decision

About 45% of employees, individual contributors, line managers in a large organization feel the same.

Motley Fool Hidden Gems Investing
The Hidden Forces Behind Every Investment Decision

So there's clearly some amount of distance between a senior leader, a founder, and everybody else in an organization in terms of how much energy and appetite.

Motley Fool Hidden Gems Investing
The Hidden Forces Behind Every Investment Decision

they have to change.

Motley Fool Hidden Gems Investing
The Hidden Forces Behind Every Investment Decision

And I think that change distance is actually the danger zone.

Motley Fool Hidden Gems Investing
The Hidden Forces Behind Every Investment Decision

And it doesn't really matter whether it is a founder-led company or you are on your second or third or 10th post-founder CEO.

Motley Fool Hidden Gems Investing
The Hidden Forces Behind Every Investment Decision

It is, were we able to appreciate that that change distance existed?

Motley Fool Hidden Gems Investing
The Hidden Forces Behind Every Investment Decision

You don't have to accept it as a founder.

Motley Fool Hidden Gems Investing
The Hidden Forces Behind Every Investment Decision

You can continue to raise people's expectations and increase their capacity for change.

Motley Fool Hidden Gems Investing
The Hidden Forces Behind Every Investment Decision

But you have to agree that it exists and continue to find productive ways to close in.

Motley Fool Hidden Gems Investing
The Hidden Forces Behind Every Investment Decision

Because otherwise, then we do hear and there are plenty of stories out there of situations where the vision of the founder and the capacity of the company to execute everything

Motley Fool Hidden Gems Investing
The Hidden Forces Behind Every Investment Decision

ran away from one another.

Motley Fool Hidden Gems Investing
The Hidden Forces Behind Every Investment Decision

And so what should have been a kind of extraordinary story of unlocked growth and potential ended up being disappointing.

Motley Fool Hidden Gems Investing
The Hidden Forces Behind Every Investment Decision

especially in organizations that have really large workforces.

Motley Fool Hidden Gems Investing
The Hidden Forces Behind Every Investment Decision

So you might have tens or hundreds of thousands of employees.

Motley Fool Hidden Gems Investing
The Hidden Forces Behind Every Investment Decision

When listening, for example, to the quarterly earnings calls or annual general meetings,

Motley Fool Hidden Gems Investing
The Hidden Forces Behind Every Investment Decision

Do company executives, leaders of the board, speak about employees of the company with the same interest, compassion, curiosity, specificity that we talk about the customers at that same company?

Motley Fool Hidden Gems Investing
The Hidden Forces Behind Every Investment Decision

We know so much.