February 12, 2019 in Enterprise Strategies7 minutes
Uncover the strategic genius of the Money Heist crew with our breakdown of 9 essential business lessons for innovative leadership and problem-solving.
Business Lessons Inspired from the Professor and Team Money Heist
I never expected I will write an article about a Netflix Series and that too a Spanish show, even worst its about heist. But seriously, Money Heist is one of a kind, and I drew a lot of inspiration from it. Thinking about the professor and his nerdy, mild demeanor, one would not expect him to be the world’s most wanted criminal who meticulously planned the heist at the Royal Mint.
If you had paid attention, you could learn a lot from this series. Here are 9 business lessons every organization should learn from the series Money Heist
Leadership should be guided by knowledge, experience, honesty, humility, empathy, and grace.n–Obama
There are 4 types of team members The Ambitious Performer – Nairobi This type of team member is smart, eager to learn, and well-balanced individuals. They work well under pressure and not only get along well but also can inspire others.
Ηighly-functional Ιntrovert – Helsinki, Olso, Moscow These members are the pillars of the organization. They are effective, productive, and provide stability to the team. They love what they do and want to get it done. They are quiet but always pleasant. They are neither thought leaders or innovators, rather, they are the doers.
The Anxious Warrior – Rio, Denver They always rush to get the thing done while complaining about their workload. If not handled properly they can easily break down due to anxiety. They are not always sure about the choices they make and feel unhappy with one thing or the other (position or their workload).
The Intense Temperament – Tokyo This is the most tricky of all team member’s personality traits. Sometimes their behavior may seem irrational. This personality has a low patience threshold and is the most difficult one to manage. They express sudden bursts of anger or become easily irritated by minor incidents.
They all had their flaws. Tokyo did not always stick to the plan. Denver didn’t follow the leader’s instructions. You will never get a perfect team. And that’s exactly my point. Hire the best team and learn to live with their flaws. Smart people tend to be different.
Time and time again, you might have heard, successful business executives read books. Bill Gates, Warren Buffet, Elon Musk, and every self-made billionaire have one thing in common. They read, a lot, in the process learn.
This is where perseverance comes to play. Every successful business has its dark moments. But the only way to get thru it is by courage, kindness, and selflessness. This is the time to help where we can and be there for each other as friends, co-workers.
Even if you have the perfect business plan, they might have blindspots. Who would have imagined WeWorks would fail?
So are teams in your company. You work with a team for a few months to years and you can’t pretend to remain a Manager or Lead. In order to build a resilient team, you need a strong bond, and your organizational hierarchy will not help there, relationships will.
Like the professor says, business is also like chess. Stay ahead and plan for all the unlikely events. Who would have expected COVID-19 to lock down the entire world?
He could have been stopped way early. Businesses need to pay attention to such blind spots, things, and partnerships that are slowing them down. They will look helpful and act like one, but eventually, they could hurt your business or ever worst be the reason for your fallout. Find them early on and stop them.
WHY – RESISTANCE. In 2011 the union central bank made €171 billion from the public. €185 Billion in 2012, €145 billion in 2013. All this money went to the bankers in the name of liquidity injections. European central bank was a thief. They wanted to resist the banks that put all this money in the pocket of the rich.
WHAT – They wanted to print their own money, just like how the European central bank did it for the bankers.
HOW– By engaging a group of talented but broke individuals who wanted to become rich and escape from all of this.
No business without a clear WHY WHAT & HOW has ever succeeded. Steve Jobs didnt sell beautiful Apple Devices, instead he “challenged the status quo”. Take a step back and use “why” to think about your own business.
Closing Notes This is the only 4th series I have ever watched ( after Prison Break, House of Cards & Blacklist). But it was time well spent with family and it made me think about various aspects of life and business. I wish to write another article about this once I watch season 5. If you have a different perspective or if you have learned something else, please do share it with me. After all, we are here to learn and share!
Bella Ciao!