Monday, 21 of May of 2012

Category » Quality

Business Lesson from Physics: Speed vs Preparation

The Need for Speed

Many scientists use nature as a source of inspiration for new technologies. If we can understand the forces of nature that govern us, we can learn to get it on our side. One physic’s equation governing nature that I find very practical in business is:

E=½mv2

While I know the sight of equations affects some like horror movies, it essentially says this:

The energy (E=energy) that something can produce is based on its weight (m=mass) and its speed (v=velocity). Of the two, speed is far more important.

In fact, if given a choice between doubling the size or the speed, doubling the speed would double the impact you would get by doubling the mass. Consider the greater damage a round, small bullet does versus a thrown stone three times its weight. In WWII, the Germans implemented blitzkrieg to help their smaller, faster forces overcome their numerical inferiority.

The business lesson is that if we have a choice between doubling our preparation or doubling the speed with which we can deliver (all other factors being equal), then we are better off with the latter. In decisions, if we have the option to double our research or double the speed with which we decide, the latter is preferred. In marketing, we often hear, “It’s better to be first than it is to be better,” translating this means our idea would need to be at least four times better than our current one to justify doubling the time to introduce it.

Often, in our effort to make the best decision, we delay. Speed, if used wisely, can help us recover quickly from mistakes and adjust to changes, thus alleviating pressure to be right at the outset. It’s why average professionals, when they deliver substantially faster, can beat experts in the marketplace.

 


Relationship Building Technique #7: Summarization

We often don’t learn the value of listening techniques in building relationships. Consequently, people might not realize we are listening; this needs to occur in relationship building.

Summarization rephrases the information or key points of the person in a condensed version. The technique verifies what we heard, demonstrates listening, allows focusing of the conversation, and defines parameters for additional discussions.  It also allows the other person – once we summarize – to alter, modify or restate so we can correct misunderstandings early.

Typically, summarization will rephrase the point of a sentence, paragraph or entire discussion. The focus is on subject matter not feelings and emotions, such as:

  • Information
  • Ideas
  • Facts
  • Opinions
  • Logic
  • Instructions

Of all the relationship-building techniques, it will tend to be the most lengthy and involved; however, if too long, its effectiveness diminishes. Often it’s followed by a closed question such as, “Did I understand you correctly?”

Some examples of summarization include:

  • “Just to make sure I heard you right, Jack, you’d like us to find a way to secure a steady supply of our old product from this vendor, to negotiate a price based upon our minimum usage, and to find someone else to produce our new product.”
  • “To make sure I’m on the same page, let me summarize what I heard. You want to send Sue and Tom out west and to promote Sally to run the plant. Also, you want to find a recruiter to help us to fill Sally’s job and to find us a good service person to manage our top customer.”
  • “It seems that what you’re saying is that you want us to start over.”

From a relational perspective, summarization conveys the feeling that you are:

  • Understanding and valuing what the person is saying
  • Paying attention to detail and quality
  • Someone in whom the person can have confidence

The effect of summarization is to create:

  • A common understanding of what was said
  • Opportunities for correcting any misunderstandings upfront
  • Confidence in your abilities in the eyes of the other person
  • Confirmation that you know what was said or needs to be done

Summarization, is really a result of the other relationship techniques. It’s used less frequently, but when it is it covers a lot of ground – often the entire conversation.  Summarization heads off many problems before they damage relationships. It has helped me much in my career.

 

Other posts in this series:

 


YinYang as Problem-solving Methodology

Taijitu

YinYang, as expressed by the Taijitu symbol, has helped me solve many problems. The two major components represent the two major opposing forces in any event. The smaller part of each in the other represents the interplay between the two.

I have extracted five principles from YinYang that have helped me. In short, optimal solutions will:

  1. Have opposing forces (i.e. ideas, emotions, things) at work
  2. Not choose one force over the other
  3. Balance and integrate the two forces
  4. Have one force as dominant and the other supportive
  5. Vary by situation

For example, let’s consider the problem of how much to water a plant. Two forces exist, dryness and wetness (#1). If we choose dryness over wetness by never watering the plant, it will die. If we choose wetness over dryness by constantly watering the plant, the plant will die (#2). Thus, we need to integrate the two and find the right balance between watering and drying (#3). In this balance, the plant’s soil will be mainly dry or wet (#4). This balance varies by plant (#5, i.e. cacti versus willows).

In business, we often view these as tradeoffs such as processes versus flexibility, positive versus negative reinforcements, best practices versus differentiation, focus versus situational awareness, change versus resistance, profits versus investments, and glass half-full versus half-empty. However, tradeoffs encourage the temptation to choose one over the other; it’s really about integrating the two (#4).

Many times, it’s difficult to identify the opposing force. So, I ask myself this question:

If I take an obvious solution to the extreme, what would happen?

For example, too much process makes everything bureaucratic. Too much importance on profits retards investments. Once accomplished, we can begin balancing the two to arrive at an optimal solution for the situation at hand.

 


Technique: Power of Names in Emails

People’s names are extremely powerful. Every day, opportunities to use names present themselves, but we don’t seize them. Names in emails, even the shortest ones, allow us to personify them, giving them personality. Just as people find pictures and news articles about people more interesting, the same holds true for emails.

For example, rather than send an email like this:

Can you meet me today at noon?

We can personify it this way:

Joan,

Can you meet me today at noon?

Linda

Thus, a generic email from by anybody to anybody becomes personal. Moreover, rather than use a formal address and closing, we can alter it by writing:

  • Joan, can you meet me today at noon? ~Linda
  • Can you meet me today at noon, Joan? ~Linda
  • Can you, Joan, meet me today at noon? ~Linda

In these examples, we used the person’s name in the beginning, end and middle of the question. We can employ the same strategy longer emails:

I’m thinking about going out for lunch today. Can you meet me today, Joan, if I do? It would be great to see you.

Linda

We can also use their names more than once by combining the techniques above:

Joan,

I’m thinking about going out for lunch today. Can you meet me today, if I do? It would be great to see you.

I want to share a project I’m working. Joan, I really feel you might be able to help. If so, I’d like to introduce you to my manager.

Please let me know,

Linda

People aren’t light switches, so we can’t expect this to work instantaneously. Nevertheless, if we employ regularly and integrate with other techniques, we will accelerate better relationships and responses to requests over the long run.

 


Managerial Talent for a Diverse Workforce

In the October 2011 issue of The Atlantic, I ran across Richard Florida’s article, “Where the Skills Are” and found myself rethinking the idea of a diverse workforce. The idea has two paradoxical forces playing on it:

  1. Diversity improves a company’s adaptability, creativity and innovation
  2. Employers tend to hire employees who are like them

For the moment, let’s imagine that employers can hire a diverse workforce. The next challenge is managing it. It’s difficult because personality conflicts are side-effects of diversity. Since everyone’s a people person until people are the problem, managers are more apt to “get rid of the problem” rather than incorporate it. Consequently, employers will not only tend to hire those “who fit in” but also dispose of those “who don’t.” This moves them ever faster toward a homogenous workforce lacking adaptability and innovation.

Even though Richard’s article focused on talented individuals adept at connecting with diverse people, there are applications from a managerial perspective. It will take a very talented person to manage diversity. That’s because personality conflicts manifest themselves in many ways as differences in approaches, organization, ideas, behaviors and others. A manager will need to be able to see through this, account for his own biases, creatively solve it, and have the discipline to pursue the solution. We do not solve personality conflicts overnight.

Moreover, the need for such managerial talent is only going to increase as technology continues to take over the more routine and predictable tasks of various jobs and as the marketplace becomes more dynamic. The need for diversity not only in demographics but also in personality is only going to increase too.


Best Decision as Myth

Many people agonize over decisions. A primary reason is belief in a “best” decision. Consequently, people run endlessly through their options when often there isn’t much qualitative difference among them.

I first became aware of this when discussing start-up businesses with an accountant. He made this observation: eighty percent of his clients ended up in businesses quite different from their initial plans. For example, one client began a retail operation in a specialty food product. One day, a grocer asked to carry the product. Soon, others did the same. Thus, the client was “forced” to shift from retailing a food product to manufacturing it.

However, the consistent quality in these start-ups was the ability to adapt quickly. So many times, organizations strive to research and plan their decisions then build consensuses around them. As a result, they turn decision making into a torturous process thus fulfilling the myth of the best decision: if it takes that long to make a decision then an outstanding is necessary. Thus, it’s hard to imagine an adaptive organization with an elongated decision-making process.

Yet, in our early school years, teachers grade us on right and wrong answers. Thus, our educational systems condition us to look for the best decision. Ironically, this conditioning is so strong that even a good decision is not satisfactory if it’s perceived as not being the best one.

Accelerating our decision-making allows us the luxury of correcting bad decisions more quickly. Thus, the fear of making bad decisions wanes if we have confidence in our groups’ abilities to learn, to correct its mistakes and to adapt a new direction. This is true for individuals too.

Even in hindsight, the best decision is not clear. We assume so because we make the false assumption that nothing else would have changed.

 


Emotional Self-defense for Sensitive People (Pt 7): Team Intelligence

Sensitive people (SP) can increase team intelligence in very much the same way mortar makes brick and stone walls stronger. Since diverse teams tend to be more creative and intelligent than homogeneous ones, SP will often provide the relational glue keeping diverse groups from fracturing under the stress of diverse views.

In “What Makes a Team Smarter? More Women,” an article in the June 2011 of the Harvard Business Review, Anita Woolley and Thomas Malone found SP:

  • Listen well
  • Share criticism constructively
  • Possess open minds
  • Aren’t autocratic

Since “Many studies have shown that women tend to score higher on tests of social sensitivity than men do,” Woolley and Malone found that adding more women to groups would make them more intelligent. They “saw pretty clearly that groups that had smart people dominating the conversation were not very intelligent.”

SP’s concerns for the well being of others will help ensure that diverse views receive a hearing even from more dominant and autocratic members of the team. In effect, we don’t increase the intelligence of the group by necessarily adding more intelligent people. We do so by adding more SP who give deference to others so stronger more effective bonds are formed. Through these bonds flow the life-blood of ideation, more simply called communication. Under the influence of dominant, head-strong members, these arteries become constricted by fear and tension thus preventing the free, open flow of ideas necessary for increasing team intelligence.

As we saw, nurturing positive feelings in others dramatically improves performance. SP are perfect additions to improving the intelligence and performance of teams. Their talent for being more aware of the emotions running through others will help ensure team members will feel good about the team and their contributions.

 

Other links in this series:

 


Who’s the Better Problem Solver?

Person A has solved a hundred problems while Person B has only solved five. Who’s the better problem solver? The answer is B, but the question is, “Why?”

Initially, people often say that Person B’s problems were tougher. However, I tell them that Person A also solved all of Person B’s problems in A’s hundred problems. Some say that B did a better or faster job. I tell them there was no difference in the solutions. Occasionally, someone gives this answer: B solved the problems on his own while someone taught A how to solve his.

I once told a friend that I thought someone was smart because of an idea she had. He asked me whether she had read it somewhere. I didn’t know the answer, but it eventually led me to create this puzzle about problem-solving capabilities. Yes, there are many correct answers; however, the one I seek is rarely given.

Consider any brainteaser. It’s more impressive if people hadn’t seen it before than if others had already shown them the solution. Yet, in everyday life, we don’t really care because as long as someone can give us good advice, we don’t question whether she learned it from someone else or discovered it on her own.

In fact, we tend to feel more comfortable with those who can show training and education rather than those who arrive at good solutions without them. Yet, it’s the latter group that has the talent to solve novel situations; the former can only learn from experience, theirs or others.

So, next time someone gives you advice, ask him how he derived it. After all, my math teachers always wanted me to see my work, not just the answer.

 


Eloquence Trumps Honesty in Trust & Likeability Wars

Intuitive approaches often work because we don’t believe they do. Advertising is an excellent example: it influences us because we often believe it doesn’t.

This extends to our complaints about politicians not answering the question. Todd Rogers and Michael I. Norton researched this and were asked to “Defend Your Research” in “People Often Trust Eloquence More Than Honesty” appearing in the November 2010 issue of the Harvard Business Review. They found:

People who dodge questions artfully are liked and trusted more than people who respond to questions truthfully but with less polish.

In fact, when answerers perform the dodge effectively, less than half of the people could remember the question accurately. The key rests in the answer’s first ten words by disrupting the cognitive link we have for the question and expected answer. In everyday life, we like to complain about the fast-talking salesperson; however, on a higher level, fast-talking becomes eloquence. It’s here that we increasingly trust and like eloquence more than honesty.

Even though I promote the practical understanding and application of intuition in business on this blog, people can use intuitive approaches for ill or good. For instance, my guest 12 Most post, lists ways to influence people intuitively to build morale; however, people can use these techniques for questionable purposes too.

How do we defend ourselves? There are two broad introductory ways:

  1. Realize people can influence us intuitively and subconsciously even if we believe they can’t
  2. Raise our awareness regarding intuitive approaches

In this way, we can begin accounting for these natural biases in our decision-making and actions. However, believing others can influence us without our knowledge is scary for many of us, especially if we believe in the supremacy of the conscious mind and free will.

 


Making the Grapevine Work for You as a Leader

Reverberations Throughout Workforce

Business drastically discounts the interpersonal interaction in favor of group ones. Saying the same thing to ten people simultaneously is more efficient than saying it ten different times to each person. However, this efficiency overlooks two important qualitative, interpersonal aspects:

  1. People prefer to interact with their leaders one-on-one.
  2. People enjoy talking about their leaders to others.

In a business setting, presidents, executives and managers, can influence the company’s internal grapevine through dynamic, interpersonal interactions with their employees. The right-hand figure illustrates the reverberation these interactions can create. A leader (blue sphere) interacts with an employee (red sphere) causing him to share his experience (red rings) with the leader with others (green spheres). The challenge is making the reverberation a positive one. Leaders accomplish this by taking advantage of opportunities to employ their personalities.

For example, in a thousand-person, five-floor regional office, a sales representative sold the largest single order for a particular type of product in the fifteen-year history of the office. The Regional President sent the sales representative a congratulatory note.

While a satisfactory response, it demonstrates the dynamic, grapevine opportunity he missed. He could have gone done to the sales representative’s floor and congratulated her personally. Even if she weren’t there, the mere sight of him on the floor would have created positive reverberations. Moreover, while he was there, he would have had the opportunity to interact with other employees creating other reverberations.

Every day, business leaders miss these kinds of opportunities to seize control of the grapevine, to make dynamic gestures. The effort is very similar to a public relations campaign except it’s internal. Instead, business leaders moan and complain about gossip, believing it’s beyond their control, when in actuality they actively make the grapevine work for them.

 

Related post: Tapping the Power of Personality for Executives and Senior Managers 1.0