Welcome to this week’s The 1% Extra Newsletter. This week I included some clips from our new episode of The 1% Podcast with Billy Walsh. Billy shares his thoughts on a range of subjects, in what is one of the most in-depth conversations with one of Ireland’s greatest ever coaches. We touch on the recent Olympics, his approach to performance and development, and the future of boxing in the Olympics in light of the McLaren report. 
We also have a selection of our favourite writing related to performance and development we are reading, including great articles on leadership and purpose and an interesting video about how the pandemic has shaped how we spend our free time. Our book of the week is Friends: Understanding the Power of our Most Important Relationships by Robert Dunbar
Have a great weekend,
Shay
Quote Worth Thinking About
“Companies need financial capital. But they also need emotional capital – good energy, positivity and resilience.”
Sari Azout
Book Recommendation
Friendships are more valuable than we think. Dunbar’s book is an excellent investigation of relationships, including what a friend is, why they are important to our health, how they are created and ended and the variations between females and males (as well as introverts and extroverts).
The Guardian book review summed it up : ‘Fascinating…In essence, the number and quality of our friendships may have a bigger influence on our happiness, health and mortality risk than anything else in life save for giving up smoking.’ 
Recent Performance Articles We Have Read
A great article that looks at mindset, and at times the inability to change, what the authors call “immunity to change” and how they attempt to fix this. The backdrop here is change in the workplace and it poses the question why so many continue “to equate continuous work and long hours with success”, and how we can break through this mindset to create lasting positive change. 
It explains why the most effective transformation begins with what’s going on inside people and if this is understood the practical changes will follow easier. It also emphasises, and gives examples, of the power of questions in the change process.  
 
5-minute read
There seems to be a big focus on culture and purpose in the workplace at the moment, perhaps initiated by the return to the office or by companies struggling to figure out what the best way to retain people and reset before going forward. In this debate we often hear how e.g. how Millennials want organisational culture and brands to be belief driven.
 
So this was an interesting review on purpose and its pitfalls that is really centered around advertising and brands but the idea may be applied to any situation. It discusses some brand successes like Dove and Patagonia and brand failures like Pepsi.  
 
4-minute read
I like this post not just for the insights and tips on team life but also the effort made in coding a beautifully interactive post it’s a great reflection on why we work in teams, tips when joining a team and of course meeting strategies. It references companies like Netflix and Amazon reviewing their leadership and team principals, while referencing other source material. Great tips for anyone building, joining or leading a team.  
5-minute read
Video Worth Watching
Another aspect of the pandemic is that people got to think about their relationship to work and how they would like it shaped in the future. One of these reflection points was filling the free time we had and also if we worked less or saved time commuting what would we do with our spare time. Studies show that most people have gravitated to new skills or the arts which is interesting.  This video eloquently discusses work life versus the time needed for other pursuits – again we see that the most precious thing is time.
6-minute watch
Billy Walsh, current USA head boxing coach and former Head Coach of the Irish Amateur Boxing Association (IABA) High Performance Team shares his thoughts on a range of subjects, in what is one of the most in-depth conversations with one of Ireland’s greatest ever coaches. We touch on his preparation for the Olympics with the backdrop of the pandemic, his background in boxing and coaching in Ireland and some of the great boxers he coaches including Katie Taylor and Kellie Harrington.  
 
Billy’s successes to date at European, World and Olympic level are unprecedented in the history of Irish sport and he is carrying this into the USA setup. We also take detours into Elite Performance and how this can relate to excelling in business, the benefits of motivation and attitude, leadership and adapting to change.
This podcast includes the following extracts:
1: Overcoming Adversity: Billy talks about how he and his team improvised during Covid so as not to lose out on training time.
2: The Fallout from the McLaren Report: Billy shares his disappointment in the McLaren Report findings and concerns around the future of Olympic boxing as a result.
3: 4 Key Strategic Pillars: Billy explains how they went about writing their 4 key pillars and how they have proven to be a continuous, positive reference point for him.
To read a detailed summary of the discussion or to listen to the full episode and subscribe to The 1% Podcast click here.

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Lincoln Recruitment

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