Archive for June, 2008

Maladaptive Perfectionism

Wednesday, June 25th, 2008

Evidently there are good and bad flavors of perfectionism. Learning this was eye opening because I always thought that perfectionism across the board was bad. Perfectionism that is based on what others think is mal-adaptive. In other words, it can’t adapt to your expectations of their expectations, ever.

Adaptive perfectionism(the good one) is the type that learns from others, and is continually improved by ones own vision of perfection, knowing that it will never be fully achieved, but always held as the target.

Resources:

The subject is interesting and merits more study. Here is a neat article on the subject

Master of the obvious and the mundane

Saturday, June 21st, 2008

Here are my notes from Pfeffer’s eye opening talk . He is the Author of

This has really got me excited! Some great information and paths to study. I hate to just have recycled content on my blog, but it’s so good. Let the fairly disorganized notes begin.

Premise is that organizations are stuck in established traditions that mostly don’t make sense, and don’t make decisions based on facts.

Casual benchmarking is harmful

  • doing something because folks better than you did it that way

We should examine why they made that decision, and understand the context rather than just blindly applying it.

Ideology and belief

  • More than 200 studies prove that giving top management stock options has no effect on company/financial performance.

Don’t comprise on providing evidence to your team that can lead to them uncovering issues.

One manager did this by titling certain things “we do not have this information” in hopes of having the team find it. That forced management to find ways to that information. If he wouldn’t have done this, they wouldn’t have realized they even needed the information.

Devita CEO

When Pfeffer was consulting for him, he didn’t care about compliments, but cared about the problems.

Yahoo business guru is quoted as asking “why not customers what they want instead of debate about it”

*note: interestingly this comes from Yahoo which isn’t the greatest at useability

Time for reflection is important

Joe Benaducci- COO, Fireman’s Fund and Insurance company

“What makes you so successful?”

1. Read one book a week

2. Critiqued himself after every significant meeting on a notepad

Put your feet up on desk, close your eyes and think.

Debunking common myths

You need the all stars

  • the system the company has, not the all stars determines quality and output
  • GM operated a lousy plant in Fremont Ca. Low quality, productivity, and large amounts of drug and alcohol abuse.
  • Toyota, under New United Motors, ( a toyota/GM partnership ) took over that company with the SAME people and had twice the productivity and quality.

Financial incentive work

  • reward system signal what matters. (Is it money?)
  • seems fair
    truth:
  • we believe other folks are motivated by money, even though we aren’t
  • pay incentives loose effectiveness after a month
  • folks that are payed per piece rush through work

** garbage truck example: they got paid for 8 hours of work no matter how long it took. Turns out they just skipped trash cans to go home early

  • other rewards must be more creative

Teacher incentive pay case
Paying teachers more for higher test scores

  • it turns out it didn’t work, as you can assume. A study on 100 years of merit pay shows it.
  • Teachers are interested in teaching not pay. They would have chosen different field if money was their goal.
  • Incentives work on effort, not ability

60% of companies use the Forrester rating system

  • This rating system allows the manager to subjectively judge/score every employee and hand out benefits accordingly
  • a study showed that if the manager hired a employee, they were given a much hirer review
  • this study showed this rating system doesn’t work

Results

  • treat your organization as an unfinished prototype, always trying to change, optimize and challenge the norms
  • It’s about being the master of the obvious and the mundane
  • Test every assumption by its evidence

Resources:

Evidence based management webiste

Facts-Dangerous-Half-Truths-Total-Nonsense

Data Smog

Thursday, June 19th, 2008

Some things are in-your-face obvious: Finding great information quickly on the web is difficult; a tun of choices makes of lengthy research, and most of us would prefer just a few great ones; Myspace is visual mess.  Complexity and clutter server to alienate customers. 

Some brands see complexity as a bad thing, and profit by offering a simple alternative. Research proves that this could work:

one study shows that customers would pay an 8% premium for a simpler consumer experience, and 50% would switch brands for it. ref

This is where I find confidence in the direction we are taking ScreenBird.  Sure it has worthy competitors such as SlideRocket, PowerPoint and Keynote, but we are offering something that none of these are; utter simplicity.  This is my gamble, that allowing the customer to drop in text and media with clarity, in an uncluttered environment, will win the customer. 

Distribution, not product development is my largest hurdle coming up.

Also, see Lee’s article on Banner Blindness.  A good read for web interface developers or directors.

Pay for decisions

Wednesday, June 18th, 2008

It’s not terribly common these days for managers and employees to have learning time built right into their job description. What if the paradigm was shifted a bit to allow this for huge company benefit?

My employees are allowed to study, on my clock, based on how expensive their decisions are. Managers make costlier decisions, and warrant more study time. See, folks that do a good job in management, don’t have to get a terribly large amount done day to day. Managers at a McDonalds, or other store front have a different situation, and don’t justify as much on going training in the theoretical. Folks in say, a lead architect position, or head of marketing shouldn’t be consumed with daily tedious tasks. When would their brain rest and provide me with those great breakthrough ideas?

The more theoretical, the more expensive the decision, the more they should be treated as scholars than janitors. This is in regards to study and brain rest time of course, not respect for the position or person.

This leads to problems though. It might not feel right to the CEO to see high paid managers or other C level folks reading with their feet up on the desk, or taking long walks everyday. “I just paid that guy $100 to get a sun tan!!!!!” are the words I imagine. It should be so clear to them.

Think of a decision that could cost the company $1,000,000, with the potential to make $2,000,000, or $0. Let’s say your head of marketing is making this decision, and has spend a total of three months of combined paid time walking or reading over the last year. That’s simple math! He or She is most likely going to make a much more informed decision with deep contemplation and study. So maybe his time and study materials costs $50,000. Wouldn’t that be a fair price to raise such odds?

Forcing this person to fill their time with menial work, just to keep busy is completely counter productive to bottom line of the business. Our best decisions come from little phrases we read in books, or something that comes up in thought or conversations. Put more of those tokens in the brain of you manager, and reap the rewards.

Stateless Failure

Wednesday, June 18th, 2008

What could the benefit be with being able to get over and assessing our failures quickly, and handling our success with emotional intelligence?  Failures wouldn’t be devastating, but just lessons strongly learned.  Success wouldn’t ruin us and our kids, like we see so often, but simply spice our lives a bit.

Consider your success and failure not as a state you are in, but as events that are happening to you. Certainly you have much control over these events, but not complete.

There is an important reason to taking this angle.  Your monetary success can’t bring ultimate fulfillment, and your failures shouldn’t be allowed to bring you ultimately down.  Success and failure should not be considered states that you are in or out of.  Being “in” failure implies a few things that might not be true:  You are a failure; you fail more often than others; you have lost.  Likewise, being in “success” implies some things that shouldn’t be considered true: You job is now finished; sit around; you have arrived.
Success and failure happen to you, they are not you.  React to them as you do with other things that happen to you, and fix them.

Thanks to Lawson for Sparking this idea.

VOC : A Term To Know

Tuesday, June 10th, 2008

Voice of the customer. Great companies listen to it, and mediocre companies try to listen to it.

The issue of truly hearing your customers isn’t as simple as just reading complaints and comments. If you don’t think it’s a tricky task, think of these issues:

  • Who will analyze the problem?
  • Who reports it to CEO/COO?
  • How will the customer be notified problem is fixed to see if they are pleased?
  • How to we effectively sift through the mounds of data to make sense of it all?
  • Will the CEO see these as important money making resolutions?

A sound VOC system will take care of these issues and more. This is where it helps to thrive in ambiguity. It’s obvious that a great company needs to hear their customers. The real problem is how does that happen with piles of data and teams already swimming in tasks. Shall we make a system, outsource it, rent software (which one!), hire a consultant, train employees in house, etc.

Regardless of the attack, a great company must attack it.

Goodman, in a study of 100 companies over three years, identifies 8 problems that great companies have already fixed, and mediocre ones haven’t, when it comes to their VOC process:

  1. Inefficient and costly data collection
  2. Analysis in a vacuum
  3. Inconsistent classification schemes
  4. Old data
  5. Analysis without priorities
  6. Analysis that is not actionable
  7. Ineffective presentation of data and findings
  8. Failure to track the impact of corrective actions resulting
    from the VOC process

Another interesting observation is the need to reward the marketing department for their attention to the data:

While many companies have satisfaction related incentive systems for operations and service management personnel, they rarely exist for marketing and sales. This is a critical oversight;
TARP’s research has shown that 30% to 40% of customer problems are tied to marketing and sales.

Resources:

Stay Close to thy customers

EFM (enterprise feedback management) blog

Goodman, Depalma: Maximizing the Value of Customer Feedback

Adobe headquarters

Tuesday, June 10th, 2008

Scott Barttell (Director of World wide sales operations at Adobe) offered a tour of their headquarters. Are you kidding! Sign me up! So a couple weeks back I got to make the trip. Impressive.

Adobe one of the best technical companies of this generation, and their thoughtfulness and expertise in meeting needs/wants certainly translates over to their headquarters. Certainly the three towers are lavish where it counts. These towers host 3,000 well trained employees, and seem fit for them. Interesting the office spaces are humble. I signed a 3 page NDA twice about not giving away the Adobe secrets, or something, so, I hope I am not breaking that!

Lunch was great. There were a dozen gourmet chefs lined up waiting for our lunch time commands. It was fantastic! All the meals were $5-$9. The grass was beautifully trimmed, the seats comfy, the glass sparkling. Such thoughtfulness and good process management goes into all this, it’s amazing.

Well, I could go on, but I think you understand how impressed I was. I am inspired to care about the little things in the same way they did. It helps you recognize the big things!