What do you value

Every decision you make on how you manage your energy and time is an implicit answer to the question – what do you value?

There’s no globally right way to spend your energy or time. Anyone who tells you otherwise has no idea what they’re talking about. Right and wrong depend entirely on your priorities. And, your schedule is the only reliable indicator of your priorities.

There are 2 implications of this –

1. It helps greatly if you understand what you value. The clearer your priorities, the easier it is to make decisions that are right for you.

2. It adds a level of necessary seriousness to seemingly minor time decisions. If that scares you, that’s great. Welcome to the club.

As we live our days, so we live our lives.

Vulnerability

A few friends and I were discussing what the true signs of confidence are. One of them commented that there are people who mask large amounts of insecurity with an illusion of supreme confidence.

I agree. I’ve come to find that the truest sign of confidence is vulnerability.

Vulnerability requires you to put yourself out there and say – “This is who I am and this is what I care about” with the knowledge that it might not work with many people. The most important words in that sense are “it might not work” – it is the lack of certainty that underscores vulnerability. As Brene Brown describes it in her wonderful TED talk, vulnerability involves the willingness to say, “I love you” first, the willingness to do something where there are no guarantees, the willingness to breathe through waiting for the doctor to call after your mammogram, and the willingness to invest in a relationship that may or may not work out.

The reason this is hard is because vulnerability is also the core of shame, fear and our struggle for worthiness.

That’s also why it says so much. You can only be authentic and vulnerable if you are comfortable saying – “I know I am not perfect but I know I am enough.”

There are a million ways to do something wrong

There are just a few ways to get things right.

The best practice sales systems were built by understanding top performing sales people.
The best practice training regimes for athletes were built by studying top performing athletes like Jerry Rice.

So, when you get into a new system where you want to be successful, first, identify folks who’re doing well. Next, figure out how they approach their art. Finally, get introduced to more folks like them (like attracts like – stars attract stars) and build relationships with them. You are, after all, the average of the five folks you spend most of your time with. So, if you want to be an elite athlete, start hanging out in circles with elite athletes.

And, once you understand what they do well, copy shamelessly. Let there be no ego in adopting best practices. You will, in time, adapt their approach to your own style and even make them better.

That’s how innovation happens.

What should Volkswagen do? – Part II – MBA Learnings

I’d shared a framework we discussed in a crisis management class 3 weeks ago – a few days after the Volkswagen emissions debacle came out in the press. I thought it was time for part II.

I woke up to the following paragraph as part of my “Economist Espresso.”

“Volkswagen’s boss in America offered a congressional hearing a “sincere apology” for the company’s use of “defeat devices” which helped diesel engines cheat in emissions tests. Stressing that he was not an engineer, Michael Horn blamed “a couple of software engineers” for the modification, of which he said he had no prior knowledge. German prosecutors searched the carmaker’s headquarters.”

While I could have looked for a longer article with more details, this paragraph was very instructive. And, I couldn’t resist throwing in the picture as well.

There are 2 things I would like to call out –

1. The crisis framework I shared offered 4 dimensions for an effective response to a crisis – transparency, expertise, commitment and empathy. It is safe to say that this response failed on all 4.

2. However, that is not what’s most shocking about this response. It is the complete lack of spine that indicates a total failure of leadership. Let us, for a moment, try and forget the fact that he claimed no prior knowledge of something as massive as this. The fact that he felt it was acceptable to blame “a couple of software engineers” just blows my mind.

There are few tenets of leadership that are as fundamental as – “Take responsibility when things go wrong and give credit when things go well.”

A crisis can be a great opportunity to dig deep, go back to your values and show the world what you are made of.

Volkswagen seems to have missed the memo.

Lollipop moments and changing the world

When Drew Dudley was a student at college, he changed one girl’s life without even realizing it.

The girl was intimidated to start college and told her parents she couldn’t do it. They ended up convincing her to go to her first day, but said that they would fully support her if it didn’t feel right and she decided to quit. So she went the first day and, sure enough, she felt intimidated as she was standing in line to pick up her room key. Just as she was about to turn to parents to tell them she couldn’t do it, she saw Drew come out of the student union building. He was dressed like an idiot with a stupid hat on and was handing out lollipops to raise awareness for a charity. He came up and stopped near the girl.

He then confronted another nervous freshman guy standing next to this girl, telling him, “You, you need to give this lollipop to the beautiful girl standing next to you.” The freshman guy turned beet red, took the lollipop and awkwardly handed it to the girl next to him. Drew then turned to her parents and said, “Look at that, look at that! First day away from home, and, already, she’s taking candy from a stranger!” Everyone in line burst out laughing, and the girl finally felt a bit at ease and decided to stay .

Four years later, on his last day, the same girl came up to Drew and told him the story. She told him that it was the most important moment of her life, that she was felt intimidated and was ready to quit school before it even started. She told him she couldn’t have been happier that she stayed at school and it was all because of his little joke that made her feel welcome. And, she also told him that she was still dating the boy who gave her the lollipop and that they were getting married in a year!

Drew racked his brain and couldn’t even remember telling the joke and giving out the lollipops.

We’ve all probably had lollipop moments in our lives. In Drew’s words, perhaps we need to redefine leadership as being about lollipop moments – how many of them we create, how many of them we acknowledge, how many of them we pay forward, and how many of them we say thank you for.

Changing the world simply means affecting the people we come across in our everyday lives, because that literally is all “our world” is.

HT Jim and Drew Dudley’s talk on Everyday leadership

I make mistakes

I woke up this morning and found myself going through a highlight reel of some of the dumbest things I said in public in the past few months.

This is an occupational hazard when you put yourself out there and occasionally speak off-the-cuff.

For a moment, I felt a lot of empathy toward public figures who say something stupid and find it picked up and misinterpreted in every possible by media outlets everywhere. They probably don’t need a mental highlight reel as they’re likely constantly reminded of that moment of stupidity.

Of course, the other side of the story is that good stuff they say is also broadcast all over the world. If you put yourself out there enough, mistakes will pop up.

The challenge is not to avoid mistakes but to avoid the illusion of perfection when things are, momentarily, going your way.

The best way to learn from mistakes is to simply say – “I make mistakes.. and that’s okay.”

Change and betterment come with acceptance.

But, the biggest benefit of this approach is that we also learn to be truly empathetic and understanding.

It is only when we forgive ourselves can we truly learn to forgive others. That is the true beauty of making and embracing mistakes – they teach us to be human.

The Stress Paradox (Part 1/2) – The 200 words project

Researchers asked people in 121 countries – “Did you experience a great deal of stress yesterday?” Using the data, they computed a stress index. Then, a group of psychologists used the data to look for correlations with indices of wellbeing like life expectancy, GDP or happiness. The results turned out to be the opposite of what they were expecting – the higher the nation’s stress index, the better the nation’s wellbeing metrics.

More recently, a group of psychologists asked a broad sample of people to reflect on whether or not they felt like their lives had meaning. They then gave people a whole bunch of other surveys to find out predictors of having a meaningful life, or feeling like your life is meaningful. And, it turns out one of the best predictors is stress – any way you measure it.

The researchers found that stress accompanies factors like adversity and worry – both of which predicted meaning. As a result, one of their main conclusions was that people who have a meaningful life worry more and experience much more stress than people with a less meaningful life.

So, how do we switch our negative perceptions of stress? Coming up next week..

We view stress as a signal that either we are inadequate to the challenges of our lives or that our lives have actually become toxic and we might actually turn our attention to trying to avoid the things that give rise to stress. This changes everything – that stress could be a signal that you are engaged in the goals, in the roles, the relationships, you’re pursuing the goals and that you’re facing the challenges that will also give rise to meaning in your life. –  Kelly McGonigal (paraphrased)


Source and thanks to: Kelly McGonigal @ 99U

Move fast and break things

There are 2 essential pieces to the hacker ethos made popular by Facebook’s Mark Zuckerberg.

1. It requires people who are willing to experiment and fail. That doesn’t come easy and it doesn’t work for a lot of people.

2. But, more importantly, it requires leaders and managers who are willing to let go and let their people learn and grow

The toughest part about allowing people to moving fast and breaking things is that things actually do break. And, that is one of the biggest tests you face as a manager. It is far easier to do things yourself and not delegate. However, you will also get very little done in the long run as that approach isn’t scale-able.

It is impossible to learn without experimentation. And, it is impossible to experiment without failures. Embracing experimentation, therefore, isn’t a choice. It is a requirement. The world is a better place when we embrace “this might not work.”

After all, nothing ventured => nothing gained.

Hiring, strategy and commitments

If you spend many months working with a great team, it is easy to assume that it is the leadership or management of the team that is making the team great. That is, however, a textbook example of recency bias. This is similar to looking at a Barcelona football team or a New York Yankees baseball team and attributing most of the greatness of the team to the manager.

Yes, the manager matters. And, yes, the manager can often be the the difference between a championship medal and a trophy-less season. But, if the team succeeds, it is likely that at least 50-60% of its success is due to great hiring. Even the greatest manager of all time can’t lead a bunch of high school players to a world cup win. But, every once a while, you will hear of ordinary managers leading a great group of players to incredible heights.

It works the same with bad strategy. You can follow great strategy with poor execution and still end up in a decent place. But, start with bad strategy… and it won’t really matter how good your execution is.

It is worth remembering that when we decide to say “yes” to the next commitment that squeezes time that we would normally spent either with ourselves or with our people that mean to us.

Starts often matter more than we think or realize.

It will feel better, later

Nearly every time I try to do something that will make me better – read, exercise, meditate, among others – I can feel the resistance pop up and find out if there’s a way I can postpone it. There’s so much going on right now. Wouldn’t it be better if I did it later?

I felt that voice this morning as I thought about switching on Headspace to meditate.

I did feel busy. I decided to do it anyway.

And, 15 minutes later, I wondered why I ever had second thoughts. I felt so much better. And, I know that happens every time I meditate.

So much of being happy is doing things that you know are good for you by pushing the resistance away and saying, with conviction – “It’ll feel better, later.”