On this episode of the active CEO
Podcast, Craig Johns speaks with Andrew Barnes about Perpetual Guardian’s 4 Day
Week, changing the way people work, improving the wellbeing and productivity of
businesses, and the fourth industrial revolution. We also speak about global
financial crisis, customer service, empowered workforces and the more important
benefits of the 4 Day Week.
Andrew Barnes – 4 Day Week
Andrew Barnes is an
incredible leader who is an innovator, entrepreneur, philanthropist and
absolute human resource disrupter. He is the catalyst behind the 4 day week,
saved the historic 1904 built classic racing yacht Ariki, and proud host of the
3 day weekend.
Andrew completed a MA in Law
and archaeology at the University of Cambridge, attended the Harvard Business
School’s Program for Management Development and is an Associate of the
Chartered Institute of Bankers (UK).
His financial services
career commenced in the UK before holding senior executive roles at Macquarie
Bank, Citi, Tower, County NatWest and was Chairman at Australasian Wealth
Our special guest then
became a director of Bestinvest, acquired and purchased Perpetual Trust,
founded Complectus and made the game-changing move of creating Perpetual
Guardian. He is currently the Chairman of Regional; Facilities Auckland,
Paysauce and Perpetual Trust.
Andrew talks about:
- Thinking carefully about what our industry is going
to look like in years to come.
- A simultaneous arrest of eleven ships spread across
- Why an arts background allowed him to look at it
from a different shape and pattern.
- The cultural adjustment to Australia after the 1987
stock market crash.
- Two core lessons in finance that create repeated
- Why the military is still one of the best leadership
- How his time at Citi was the point where his
- People are only productive two and a half hours a
- Productivity and profitability improving after the
eight week trial of the 4 Day Week.
- Lots of scepticism not only at the Board level but
also at the leadership level of the company.
- The 100-80-100 rule.
- How the Perpetual Guardian staff were empowered to
design the 4 Day Week
- Ensuring that customer service standards did not
- New Zealand society’s response to the 4 Day Week.
- People want to work for an innovative business
that’s trying different things.
- The stress and mental health epidemic sweeping the
workforce across the world.
- We are setting up a couple of foundations whose
purpose is to fund research.
- Creating a network of consultants around the world
to deliver the 4 Day Week.
- Why the hell the work practices are the right way,
had asked the question why?
- My peak point of creativity is usually after a point
of high stress
CEO Performance Tip
Leaders Develop Leaders – Leaders don’t just lead people,
they develop leaders. Learning how to recognize and most importantly develop
potential and emerging leaders is important for the growth and succession of a
company, organization group or team. Being able to identify behaviors,
attitudes and habits are more important than job-related skills when it comes
to leadership. Facilitating growth, supporting leadership behaviours and
providing challenges to enhance your people’s skills should be your number one
priority and people buy people not products.
“I didn’t think the 4 day week was high risk, but if
you are sitting where somebody else is it necessary doesn’t come across the
same way.” Andrew Barnes talks about analysing the risk of the
4 Day Week, on the
active CEO Podcast.
“I didn’t inform the board. I merely announced the 4 day week on national
television.” Andrew Barnes launching the 4 Day Week at
Perpetual Guardian, on
the active CEO Podcast.
“What we got was a more enthusiastic workforce, workforce that was
refreshed, a workforce that was more empowered.” Employee outcomes of the 4 Day
Week with Andrew Barnes on the active CEO Podcast.
Resources Mentioned in this show:
Andrew Barnes Wikipedia
Andrew Barnes TEDx Auckland
4 Day Week www.4dayweek.com
4 Day Week LinkedIn
4 Day Week Facebook
4 Day Week Twitter
Perpetual Guardian www.perpetualguardian.co.nz
Craig Johns firstname.lastname@example.org
Craig Johns LinkedIn