Some very good thoughts on the subject by a big thinker I respect a great deal
Some very good thoughts on the subject by a big thinker I respect a great deal
Posted at 06:09 PM in Business, Leadership, People | Permalink | Comments (0) | TrackBack (0)
Details to follow (over time), but here's a summary of what I'm up to these days: I'm working with companies, ranging from established leaders to "two guys, a dog and a crazy idea" who are busy:
All are involved with inventing the future.
Oh, and I'm having fun doing it.
Posted at 06:29 PM in Business, Careers, Strategy | Permalink | Comments (0) | TrackBack (0)
"The best way to predict the future is to invent it"
Alan Kay
In the chaotic times in which we seem to be destined to live out our days, predicting the future, never a high percentage game, is a no win proposition. If this is so, just how do we as business leaders decide on our forward course, with the future landscape blurring into a fog of uncertainty just a quarter or two into the future?
Attempting to harness future unknowns through scenario planning is fraught, given the non-linear nature of our complex and deeply interconnected world -- the branching of future trajectories creates a thicket of possibilities often too dense to model into a useful road map of practical actions.
I believe that the answer lies, at least in large measure, in creating your own local reality through innovation.
You're unlikely to be able to influence the vast majority of global forces shaping the macro-economic environment in which your industry operates, but you can render them less of a factor in your business by displacing them with forces that enjoy the leverage of proximity and focus.
What do I mean?
The levels of GDP growth, employment, consumer spending, inflation / deflation -- and the less tangible but more powerful "animal spirits" they influence -- will always have an influence on your prospects, to be sure. They either buoy or depress your customers' willingness to reach for their wallets. Disruptive changes in technology or competitive landscape? They'll remain powerful winds blowing across your bow and churning up the sea ahead, no doubt.
Can you stop these forces? Absolutely not. But you can overpower them with ones that you set in motion... if you have the courage to do so.
Your customers and prospects, appropriately chosen, are subject to influence by you in measure outsized to your economic footprint. Why? Precisely because your actions can be clearly and tightly focused on them -- their needs, fears, dreams and desires.
If you amplify that focus with an inventiveness that presents them with a set of compelling future alternatives they did not earlier see as even possible, you can pull them into a local world of your imagining, built around your vision. Invent a new category of product or solution, and YOUR ideas shape the perceptions as to how that category works: what's important, what's not...
Global factors? Still there, but with muted influence. Suddenly they need that red iPod. Not want it. Not weigh the investment in it vs. a week's groceries. NEED IT! This is how Apple, born in one recession, has been able to thrive though this one.
This idea is not just about impressionable consumers and B2C marketing. If anything, it's still more powerful in B2B settings.
Your enterprise customers are just as uncertain about their futures as you are. Be their lighthouse. If you demonstrate insight into their world, and a clearly articulated vision of how you can make it better through your innovations, you'll get their attention. If you deliver on that vision, they'll buy. Do so more consistently than your competitors, and you'll assume thought leader and trusted advisor status, and secure a disproportionate share of their business.
Restrict yourself to only incremental moves (in product development, business model, process...) you'll get stuck in a reactive, poorly differentiated world of low margins and reverse auctions. Your "local" influence is too weak to overcome macro forces, and you'll be just one of the crowd of competitors.
Have the courage to break out of the crowd, accept the risks of innovation and leadership, and hold up a genuinely creative, high impact alternative to the current order, over time you'll be able to mold markets around your vision -- in effect defining a playing field where you've written the majority of the rules. And shame on you if you can't win a game where you've done that.
[2011: 1/365]
Posted at 08:30 AM in Business, Strategy | Permalink | Comments (0) | TrackBack (0)
As a result of a kind introduction by my good friend David Brock, I recently participated in a fascinating project organized by OgilvyOne Worldwide, called "The Future of Selling."
By bringing together a community of interested (and interesting) marketing and sales professionals, it focused attention on how changes in buyer behavior, combined with current and emerging trends in social media, are challenging B2B sellers to think differently about their trade.
Many intriguing and valuable ideas were exchanged, and a great number of new relationships were forged. I was privileged to have the opportunity to participate, and congratulate OgilvyOne's Chairman, Brian Fetherstonhaugh, for the success in making it all happen.
You can view an overview presentation below and download the detailed white paper here: Download Ogilvyonethefutureofselling.
Posted at 12:57 PM in Business, Leadership, Strategy | Permalink | Comments (0) | TrackBack (0)
Fact One:
I'm on the Incubation Board at my company, and chair the subcommittee responsible for raising the internal profile and encouraging the use of our "OpenIdea Portal," a tool to allow all of our employees to post, comment on and rate ideas for innovation.
Fact Two:
I used to love National Lampoon.
Combining Facts One and Two:
Posted at 09:39 AM in Business, Humor, Leadership | Permalink | Comments (0) | TrackBack (0)
The idea behind the title question of this post is simple: there are activities undertaken by your team that add significant value to your company but, almost certainly, others that don't. You clearly want to shift time and energies spent on the latter to the former.
Value creating tasks tend to be outward focused: meeting with customers to develop new opportunities, creating new products and services to bring to market, solving customer problems, communications with the people that influence your fortunes (customers, partners, press and analysts, investors...) and cultivating new partnerships aimed at enhancing your value to customers.While there are important value creating inward directed activities (e.g. planning processes, meetings and other communications means aimed at ensuring that everyone is pulling in the same direction), it is very easy, especially in larger organizations, for an increasing proportion of available resource to be spent on activities that are entirely about "the inner life" of the organization:
It's not that anyone consciously sets out to create time-wasting activities. They just sort of happen, typically as organizations grow and mature. In some cases they exist because at some point in the past they added value. In others, they're protected by people whose jobs are linked to them. In many others, they exist only because they're under the radar screen. But they are likely sucking up a great deal of your team's available energy, every single day.
As a leader, it's your job to root them out.It starts with awareness. That's why I'm writing this. Take another look at the list above. Recognize any of these things going on around you? I'll bet you do. Put a spotlight on them (so others will see the waste) and then put a stop sign in front of them.
[ Note: There are likely many not-so-obvious non-value-add practices scattered around your organization and its work flows. There are surely others that may be painfully apparent, but where the steps toward their effective elimination or retooling are not, or where side effect risks or implementation costs may be great. In all of these cases, you'll need to reach into the Continuous Improvement tool kit for one of the broad array of available structured problem solving techniques (DMAIC, Kaizen...). My notes today are directed at the simpler forms of waste. Those that are obvious to all (or at least most) and easy to eliminate with minimal complication or risk. I claim that dealing with these has great power precisely because they are so visible to everyone. Your tolerance of there continued existence is a tacit endorsement of waste that saps vigor from your team.]If you focus on this and follow through with leadership action, your team will thank you and your organization will benefit from the application of freed up resource to the real work of your company: delivering value to your customers by making, selling and servicing great products.
Posted at 01:51 PM in Business, Leadership | Permalink | Comments (3) | TrackBack (0)
Many of you know that I enjoy photography. Others are aware that I have more than a passing interest in business.
Both of these fields, along with most everything else in life, have in common the fact that on occasion, despite all efforts to the contrary, things can go wrong.
A small story follows...
Following an intimate Christmas at home (just the two of us, on LI), I suggested to Ellie that a day trip to NYC would be a pleasant way to spend a rainy Saturday. She agreed, and yesterday off we went.
Our first destination: Bar Boulud (completing our circuit of the empire of the currently putative reigning king of all things culinary in NYC). Brunch met my expectations better than Ellie's. I'm a fan of charcuterie, El -- not so much. But that's not my point here, so on...
The day was wet, windy and cold. Impossible to be comfortable outside.
So, on finishing brunch, we sought an indoor venue for the balance of the afternoon. The Metropolitan Museum of Art was our choice.
We arrived to find the grand hall chock-a-block with fellow weather refugees, but pressed on, figuring that we'd be able to find a quiet corner. Wrong. Hot and crowded here, and here, there and there.
Arriving at an out-of-the-way mezzanine gallery with an open bench, I set myself down for a few moments rest, and a photo opportunity. Pleased to find an evolving scene with agreeable views, I clicked away.
Rejuvenated, we moved on, and I kept shooting, thinking that despite the heat and crowding, a nice album would be a resulting record of our visit.
Wrong again. Turns out that on Christmas Eve, in handing the camera over to a gracious fellow diner to snap our photo...
...he planted a large, barely transparent, fingerprint that covered the southeast corner of the lens.
Every shot that I took yesterday carried that watermark, the raw images unusable.
With a bit of Aperture, Photoshop and IMovie hand waving however, combined with a soundtrack graced by the playing of genius by another, it proved possible to produce something passable. See below.
My point: Things ALWAYS go wrong. Usually unexpectedly and badly wrong.
Your test: will you find a way through to a positive outcome, or something less?
Customers expect you to screw up; they choose their key partners based on which rise to the occasion and make things right in the end.
Team members don't expect perfection; they hope for grace and perseverance following setbacks.
Thoughts for a Sunday evening in December...
Met Sunday from Richard Bravman on Vimeo.
Posted at 09:23 PM in Business, Travel | Permalink | Comments (4) | TrackBack (0)
The more time I spend in business, the more amazed I am at how frequently and how badly leaders handicap themselves by not realizing a simple truth: the foundation for every aspect of their effectiveness is a firm grasp of what's really going on in their organizations. Not what they wish, plan, project or orate about -- what's really happening, and not, "on the ground."
Anyone with even a passing interest in politics has likely heard how this is one of the challenges facing a President. How the layers of staff, security, protocol and process combine to insulate the holder of that office in what's sometime called a "bubble," other times an echo chamber.The former connotes simple isolation, a cutting off from information flows about what's going on outside of the White House; the later layers on the additional distorting effect of the administration being fooled by listeing to itself talk.
You don't need to be the POTUS for this effect to complicate and compound your challenges as a leader. The head of an organization of any size bears the same risks, caused by some combination of the following:As vexing as this problem is, its solution is simple. Get out of your office and talk with all layers of your team, one-on-one and in small groups preferably, and engage in an honest two way dialogue about the business, as they see it. What's working? What's not? Why? Are things trending positive or negative? You may have to do this for a while before your team fully opens up and trusts, and you need to be careful not to cut the legs out from under your middle management, but this simple process works.
Not only will your decisions benefit from better information, and your credibility with the troops improve, your team will be and feel more engaged in the business.
While you've likely heard about this issue before, (it's behind the "Management by walking around" idea), I thought this reminder might be useful and timely.
Do you know what's going on? Really?
Posted at 08:22 AM in Business, Careers, Leadership | Permalink | Comments (0) | TrackBack (0)
One of my favorite truisms: it's not what you say that matters, it's what your audience hears.
Your audience reads, hears or sees you through a filter constructed over their entire lifetimes, aggregating inputs from their individual cultures, politics, languages, values, locales, experiences and so on. The words chosen by you with a certain intended connotation are heard by them through this filter. What they interpret from your words (and other non-verbal clues such as tone, body language and so on) may be quite different from your original intent.
It's easy to underestimate just how diverse and active the filters of those with whom you wish to communicate actually is. I propose an experiment. It's based on observing information flow in the opposite direction, inbound toward you rather than outbound to your audience, but I believe it illuminates the question at hand. Here's how...
If you're reading this, you likely have an account on one or more of the popular social networks: LinkedIn, Facebook or Twitter. (If you don't, get them; they're at worst painless and you can retreat to passivity or drop your account at your pleasure. Maximizing the experience while avoiding the pitfalls is the subject for a future post.) While this experiment can work on any of them, I believe it does best on Twitter, because of the frequency of posts and the way in which the 140 character limit condenses a certain "essential" aspect out of the authors' thoughts.
To do the experiment, you'll need to end up with a "Following" list that looks something like mine: a relatively large number of "discovered" / random participants beyond those that you've chosen because they're in your close circle of friends. It's the former group that's of interest. (For a while now I've been ignoring the "how to get ahead on Twitter" advice to keep your following list shorter than your followed list -- which strikes me as silly, and adding a follow to just about any user that seems remotely interesting. I do avoid the online hookers, but even they would be useful for our purpose if they posted more than that one pathetic tweet!)
Now, finally, the experiment...
Take a half hour or so and watch the Twitter stream from your followed community. Look at the diversity of the posts, in terms of style, language, esthetics, topic, frequency, bellicosity and so on. Then try to peer through the patterns of those posts to the personality, character, interests and values of those people... As I've done that, I've found a cast of characters that include:
I think you get the picture...
As you're watching your Twitter stream, ask yourself, "would I post those tweets, in just that way, with those words?" I suspect that you'll answer "no" in a large number of cases. Well, they did. There's a difference somewhere, right?
Now, thinking about the following list you've been watching, imagine that you're behind a podium, and that these folks are your audience. Can you imagine how differently each will perceive your message? Do you see the challenge here to effective communication? Can you see how easy it is for people to talk past each other, and for misunderstandings to occur, expand and fester? And, without veering off into politics, how the current distressing levels of polarization in our country are grounded in this phenomenon?
So, what to do about this?
Well, even the simple awareness of this filter effect will make you a better communicator, by instinct. You won't as easily as before assume that your audience is made up of folks "pretty much like me" that hear my words and get my intended meaning.
Beyond simply being sensitive to differences, I believe that there are a number of specifics that can help:
Do you have other ideas that might help? If so, leave a comment here. Also, please feel free to let me know if I've fallen short of my own advice in this article. (Wouldn't be the first time.)
And remember, if you want to be a great communicator, you don't want to be heard... you want to be understood.
Posted at 02:44 PM in Business, Leadership, Mind, People | Permalink | Comments (2) | TrackBack (0)
One of the best ways to learn something, or to significantly deepen your understanding of it, is to teach it.
What?
Well, in my experience, it's true, and powerful.
The trick, of course, is what teaching something forces you to do before you get up at the lectern, in preparation. (That's assuming of course that you take the teaching assignment seriously enough to prepare.)Let's look a little deeper, starting with why this works.
1. Teaching forces a focus on relationships and patterns, not just stand-alone facts.
To teach something well, you'll need to go beyond simply relating the "atomic level" facts or ideas involved; you'll need to explain out how those building blocks form patterns, sequences and relationships.
True understanding of something is achieved when individual instances can be abstracted to general truths. By first parsing your subject into major blocks of knowledge, then arranging them into logical sequence and pointing out key patterns and relationships (cause and effect...), you'll not only be preparing to present the material in a manner best able to be absorbed by your students, you'll be teasing out new insights that will deepen your understanding.Finally, this organization of ideas into a logical framework renders it much easier to remember. (It's how our mind works.)
2. Teaching challenges you to identify and use Analogies and metaphors.
People learn best when they can relate new ideas to things they already know and understand. So, you'll want to use them in teaching your subject. Which means you'll have to find or invent them. Which in turn forces you to think about those patterns mentioned above yet again, from a fresh perspective. All of which will result in a further deepening of your understanding. If you can't come up with compelling analogies to get across your ideas, chances are you'll need to dig into the topic a bit deeper to find those underlying patterns and relationships.
3. Preparing to teach identifies gaps in your knowledge.
If you go about your preparations with care, you'll likely find that your knowledge of the subject is complete in some areas, less so in others. In effect, you'll be forced to take inventory of your own understanding. Gaps will stand out, and can be filled with study or further thought.
4. Teaching engages more of your mind.
While I'm not a cognitive scientist, I've done enough reading on the subject to claim with confidence that the sort of active information processing the brain does when organizing information per the above, and again when actually presenting it verbally, graphically or both, engages parts of our mind not engaged in more passive activities such as reading.
5. Teaching creates positive and negative incentives toward learning.
Nobody likes to be embarrassed, a state all-too-easy to find yourself in if you get up in front of a class to teach something and aren't prepared, or can't answer questions in a satisfying manner. When we're agree to teach something, we instinctively get this, and so are motivated to put in the effort required to do a great job.
A Tip: regardless of the sophistication of your audience, when you're finished preparing your lecture, ask yourself if the main ideas are presented so that an audience of bright thirteen year olds could understand them, and be engaged by them. If not, you still have more work to do in distilling down the concepts and finding compelling ways to present them.
By the way, these same learning benefits accrue whether you teach a course, write a serious paper, article or blog post (I'm learning something this way every time I do one of these) or step up to do some intensive one-on-one coaching for a promising team member.One of my favorite fellow bloggers, David A. Brock (@davidabrock), recently called attention to the physics lectures given by Richard Feynman, as exemplary of how very complex (and potentially dry) ideas can be presented so as to achieve both understanding and emotional engagement. I first read and listened to them a couple of dozen years ago. David's spot on, and this standard of excellence is one to aspire to reach.
Regardless of which vehicle you choose, in addition to deepening your understanding, you'll realize a powerful set of side benefits. You'll:
Posted at 12:21 PM in Business, Careers, Mind | Permalink | Comments (1) | TrackBack (0)
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