The debate on whether it is better to be a specialist or a generalist might never be resolved but competitive sports provides us with a useful insight: If you choose to specialize, be careful to keep your options open. We can learn this lesson from renowned strength coach Shannon Turley. During Turley’s 7-year tenure with…
Archive | failure
Understand Survivorship Bias To Make Better Decisions
While it’s natural to try to learn from success, it can provide a skewed outlook. We need to understand survivorship bias to make better decisions. Survivorship bias happens when we base our understanding only on the experiences of those who succeed or are highlighted in some way, and do not take into account others who…
Exploring the Adjacent Possible
We sensationalize innovation as moments of eureka leading to novel ideas but most innovation comes from exploring the adjacent possible. The concept of the adjacent possible originates from Stuart Kauffman’ work on biological evolution. Kauffman’s theory is biological systems morph into more complex systems by taking small, incremental steps rather than extreme jumps or more…
Prepare Three Envelopes Is Bad Advice
There’s a classic story called ‘prepare three envelopes’ which provides advice on leadership transitions. There are versions which apply to business, government, and sports teams but they essentially all have the same advice. Here’s a version: A new executive is hired to take over a struggling business unit. During the handover meeting, the previous executive…
The Bring Me A Rock Phenomenon
Early in my career, I was subjected to the so-called “bring me a rock” phenomenon and the experience left me with a sense of frustration which has stuck with me ever since. This phenomenon happens when a manager cannot or will not communicate their goals clearly and succinctly. Subordinates repeatedly try to fulfill their manager’s…
Resiliency Is The Key To Success
“We are made to persist. That’s how we find out who we are.” ― Tobias Wolff Earlier in my career, I preached the Silicon Valley mantra of “fail fast, fail often” as a way of encouraging incumbents to take more risk. I even catalogued motivational quotes about failure. Over time, I realized that failure was…
Shining a light on the Spotlight Effect
Have you ever done something completely embarrassing and assumed that everyone is staring at you, only to later discover that no one really noticed? The reality is that other people pay much less attention to you than you think. This is called the Spotlight Effect. The spotlight effect is the tendency for people to overestimate…
7 Factors That Make Us Stupid
I stumbled on an insightful definition of being stupid from Adam Robinson: Stupidity is overlooking or dismissing [conspicuously] crucial information. Robinson argues stupidity is not the opposite of intelligence. Instead, stupidity is impaired judgement due to one or more factors: Rushing or urgency Information overload Physical or emotional stress Intense focus on an outcome Being…
Have You Heard Of Inversion Thinking?
You likely know about reverse psychology, but have you ever heard of inversion thinking? Reverse psychology is when you get someone to do something you want them to do by suggesting they do the opposite of it. One form of reverse psychology is to forbid someone to do something that you actually want them to…
The Streisand Effect Explains Why Nothing Stays Hidden
A few weeks ago, I wrote about an example of unintended consequences called the cobra effect in which an attempt to reduce the snake population actually increased it. A reader emailed me asking me if I had heard of a similar phenomenon called the Streisand effect. Since I hadn’t, I thought I would share the…