How not to sweat an asset !

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'Sweat the asset.’ Remember that phrase? Recently, my heart sank when I read this BBC News article; a group of employees at Goldman Sachs reporting 98 hour weeks and 3 am sleeping times. That’s ‘asset sweating’ at its worst.

Goldman Sachs is a leader internationally and this could act as a real moment for them to reflect. Instead of sweating their greatest assets, they could evolve & lead with the wellbeing of their people. Power & salaries are what Goldman employees aspire towards. But so too should be a culture where people thrive because they are mentally well & where mutual respect matters.

I’m all for hard work. But, in that context, a new narrative needs to emerge. It’s not cool to do an all-nighter to impress your boss, but it is cool to look after yourself. It's not smart to go to bed at 3 am. But, it is smart to understand the power of sleep. And, if you’re a leader, know that coaching through followship is way more effective than any bullying can ever be.

Sweating the asset? I don’t think so. David M. Solomon & Goldman Sachs leaders, this is your moment. Help your employees feel better about themselves and you will lead in purpose as well as profit.

Grant Eldred Simon Dodd Sarah Frewer Anya Radford Charles Engwell Catherine Wyatt Alice Evans Lets Reset

Suki Thompson

Founder CEO , Let's Reset

Suki Thompson is well-known in the media and communications industry as a serial entrepreneur; co-founder of the award winning Oystercatchers, marketing consultancy, Haystack and Bunker Gin and now Founder of Let’s Reset, the cultural change transformation company. She is also Executive Director Xeim/Centaur Media and NED Gateley Plc. As a transformational business leader with a passion for promoting business cultures founded on commercial effectiveness, wellbeing and resilience, Suki is regularly named as one of the most powerful people in advertising by industry bible Campaign, was a previous Chair of The Marketing Society, a member of WACL, received an Honorary Doctorate from Coventry University for Marketing & Entrepreneurship and in 2018 landed Entrepreneur of the Year by WinTrade. She has advised some of the most powerful brands globally including, McDonald’s, Samsung, Tesco, Sainsbury’s, Barclay’s and Landmark and worked with the top agency groups including WPP, Omnicom, Havas, Publicis and Interpublic. Suki was a Trustee of Macmillan Cancer Support for eight years, following her first of four cancer diagnoses in 2008. Since then she has discovered she holds the BRCA gene. This has led her to think carefully about her own wellbeing and contributed to her enormous resilience which led her to writing the book, Let’s Reset. Suki has two children Jaz, who heads up Let’s Reset Education and Sam, both of whom appear in her book, Let's Reset with Rankin.
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