What got you here won’t get you there – MBA Learnings

I’d started a collection of content subscription projects via this blog between 2009 and 2013 – “good morning quotes” on week days, “book learnings” on Sundays, “Monday learnings” on Mondays (this was one I actively participated in vs. initiated) and “Real Leader interviews” every fortnight. All this worked just fine for a few years. They taught me a lot. But, I couldn’t possibly keep doing these forever. As I thought about 2014 during the Christmas-New Year break 21 months or so ago, I decided I needed to embrace change and simplify. So, over the next 6 months, I shut every one of these projects down and integrated every content project into this blog. Effectively, this led to the “200 words project” on Sundays and various categories of posts.

Simpler. Better.

This was my first experience with “what got you here won’t get you there.” All of these content projects played a huge role in who I am today. They helped me build up my discipline muscle, helped me believe in my ability to keep commitments, and also enabled me to connect with some incredible folks around the world. But, for the next step, I needed to change things.

So, as I prepared for my first year in business school last summer, I spent time thinking about the systems I needed to develop. What got me to business school wouldn’t help me at business school. The game had changed. I needed to change too. But, until a month or so in, I didn’t know the answers. All I knew was to ask myself the following questions –
1. What is important here? (priorities)
2. How should I approach this experience? (process goals)
3. Who are people who can help me in my journey? (people)

My recent post on “Digging into my first year process” was a culmination of the approach gleaned from those questions. When you know what you are looking for, the universe often throws in a clue here and a clue there. I had a couple of pivotal conversations in my first month at school that helped me piece together an approach for my first year.

But, as I look forward to a week’s break before the start of my 2nd year, I feel it is time to revisit these questions again. Moving into my 2nd year is like taking on a new promotion at work. A lot of what was important in my first year isn’t as critical this year. I feel comfortable operating the way I operate and could easily do so for another year. But, I can almost hear that voice in my gut screaming as I contemplate the thought of not changing anything. As is the case when you lead change within yourself, the emotions on the surface seem to lobby against it. It generally feels easier to keep the status quo and continue cruising.

But, I’ve learnt to dig deeper and listen to my gut. And, both that voice and the evidence unquestionably point to the fact that the game has changed. I should, too.

What got me here won’t get me there.

The social media scavenger hunt – The 200 words project

Early in 2010, Kaaren Hanson, VP of Design Innovation at Intuit, designed a team-based scavenger hunt with Intuit’s top 15 executives to help them explore the future of mobile opportunities. The executives were still tied to Blackberries (sacred devices at that time) and had trouble visualizing the opportunity with more modern smartphones. Hanson gave out new iPhones and Android devices to each of the teams, along with a list of different activities they had to accomplish before returning back to their base.

This challenge included diverse tasks such as checking in on Foursquare, finding something using a new GPS app, translating a clue given in a foreign language, and scanning a label to see where it came from.

Now that the executives experienced the depth of power and possibility of the new smartphone devices, mobile was no longer some far-off trend . Within the next six months, Intuit’s CEO Brad Smith was making bold statements about Intuit’s commitment to invest in mobile and cloud-based services.

So, when in doubt, consider a war-game!

Even if you’re not ready for a full-fledged immersive environment, your starter fuel for innovation could be as small as inviting new people to your next offsite, starting an important meeting with a personal story, intentionally framing questions in a new or provocative way, or by simply banning the usual materials like PowerPoint. – Lisa Kay Thompson


Source and thanks to: 99u.com

Power to the people

20 years ago, if a journalist wrote a bad review about your restaurant, you were looking at a few dark months.

Two weeks ago, the New York Times wrote a now-famous piece on Amazon’s tough company culture. Amazon’s employees didn’t like it and took to LinkedIn publishing and wrote at least a 100 critiques. For the next 10 days or so, post and counter post dominated the narrative. (My observation is that the biggest winner from that saga was LinkedIn publishing!)

So, if a journalist writes a bad review about a restaurant today, it doesn’t matter as much. Tripadvisor and Yelp matter a lot more than a single review. That’s the right thing. Today, power on the internet is not bestowed. It is largely earned. Thanks to technology, this generation has intuitively understood the wisdom of the crowds.

There’s a lot of talk about how changes in technology are leading us to a world where machines take over. However, the way I see it, we seem to be building technology that is increasingly letting humanity shine through.

And, that’s amazing to see.

The man in the arena

Every once in a while, I find myself thinking about the famous excerpt from Theodore Roosevelt’s speech “Citizenship in a Republic” titled ‘Man in the arena.’

It is not the critic who counts; not the man who points out how the strong man stumbles, or where the doer of deeds could have done them better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood; who strives valiantly; who errs, who comes short again and again, because there is no effort without error and shortcoming; but who does actually strive to do the deeds; who knows great enthusiasms, the great devotions; who spends himself in a worthy cause; who at the best knows in the end the triumph of high achievement, and who at the worst, if he fails, at least fails while daring greatly, so that his place shall never be with those cold and timid souls who neither know victory nor defeat.

It reminds me of 2 things –
1. There is very little value I add as a critic. If I really care about something, I should just take ownership and fix it. And, if I don’t, then move on and focus energies on what I am working on. 9/10ths of education is encouragement.
2. It is okay to fail. But, if you do, fail while daring greatly. And, fail by being authentic.

It never fails to inspire me.

Letting go

I am reminded of a popular Buddhist parable – Two monks were about to cross a river when a girl asked a monk to please help carry her across. The monk did.

The two monks kept walking in silence. And, after a few hours, the other monk burst out – “How could you do that?” He went on to explain that this was against all rules around contact with the opposite gender.

To this, the other monk replied – “I dropped her off at the shore. It seems you are still carrying her.”

 

Counter intuitive

The harder you work, the more you need to let go.

The more you know, the more you need to shut up and listen.

The more you care, the more you need to let people be.

The more you feel like working, the more you need to take a break.

The more you feel like running around in different directions, the more you need to pause and enjoy the moment.

It is always interesting to me that the best decisions we ought to make in a given moment seem counter intuitive.

The interesting part is that, once we train ourselves to listen to our intuition, we realize that our intuitions tell us this as well.

Perhaps they are not counter intuitive after all?

Writing out presentations

Every time I have a presentation that matters, I’ve learnt that I should take the time to write down a draft of what I plan to say.

Even if there are slides and even if I know the key themes, it helps a great deal to be able to map all my thinking down.

2 things happen when I do that –
1. I cull unnecessary content. There always is a lot of it. And, writing it down helps clarify my thinking.
2. I feel very comfortable veering off track. I rarely end up sticking to the exact content. But, having written it down gives me the confidence to change strategy on the fly.

And, I find both things to make the pain of writing it out worth it.

Jeff Bezos on being right a lot – The 200 words project

One of Amazon’s leadership principles says “leaders are right a lot.” Jeff Bezos once shared an observation about this principle.

He said people who were right a lot of the time were people who often changed their minds. He didn’t think consistency of thought was a particularly positive trait; instead, it is perfectly healthy – encouraged, even – to have an idea tomorrow that contradicted your idea today. He’s observed that the smartest people are constantly revising their understanding, reconsidering a problem they thought they’d already solved. They’re open to new points of view, new information, new ideas, contradictions, and challenges to their own way of thinking.

This doesn’t mean you shouldn’t have a well formed point of view, but it means you should consider your point of view as temporary.

And, what trait signified someone who was wrong a lot of the time? Someone obsessed with details that only support one point of view. If someone can’t climb out of the details, and see the bigger picture from multiple angles, they’re often wrong most of the time.

‘He would flip on something so fast that you would forget that he was the one taking the 180 degree polar opposite position the day before. I saw it daily. This is a gift, because things do change, and it takes courage to change. It takes courage to say, ‘I was wrong.’ I think he had that. – Tim Cook on Steve Jobs

Source and thanks to: Jason Fried’s Blog

(This is probably the third time I’ve shared this story on this blog in the past few years. I find it to be a wonderful reminder to stay humble and keep questioning my assumptions.)

A 3 part framework for great managers

A few friends and I discussed great managers recently. There’s plenty of literature on this. But, I find myself frustrated when I see lists of the 435 characteristics of great leaders/managers/employees. We generally don’t remember more than 3 things. So, I sought to boil it all down to 3 characteristics.

After a bit of discussion, we ended up at the following framework that characterizes great managers –

  1. Great managers understand each member of the team. Every member needs to be managed differently. This requires an understanding of their strengths, weaknesses, personalities, working styles and motivation. The first pre-requisite is, thus, empathy.
  2. Great managers learn how to scope work well. The worst managers over-promise to their higher ups/clients and burn their teams by making them work 12+ hour days to achieve unrealistic, unproductive and generally unnecessary results. And, on the other hand, great managers scope work such that their team is regularly in the “stretch” zone and never in the “panic” zone. The ability to scope work is a learned skill. It also requires guts as it necessitates pushing back and saying no to unnecessary work.
  3. Outstanding managers care more about their team’s goals and individual ambitions than their own progress. While characteristics 1 and 2 make good managers great, an outstanding manager is one who simply cares a lot more than the next person. When you work with outstanding managers, you believe know that they always have your best interests in mind. And, even when you are going through difficult times as a team, you know that they care more about the team’s goals than their own.

We rarely come across managers who do all 3 things well. But, as a wiser friend pointed out, if you do 3 well / care more about the team, you are forgiven for not scoping work well.

There is, however, no escaping really understanding every member of the team.