Archive for July, 2009

The Purpose of Conferences

Fifteen years ago, conferences were a place to do two things: meeting new people and get information that you could really only get at the conference.  Today, almost all of the information can be gotten elsewhere, the only benefit is being able to get to know people – to reconnect in person with people you haven’t seen for a while, to meet with companies that have people spread out, and to continue to build friendships with those you know.  Many don’t prioritize the importance of these relationships.

I was at the Design Automation Conference today and the hallways were cluttered with people sitting on their laptops – working, as though the hallway of a conference is the best place to get some work done. Perhaps looking busy earns you points with some of the people you need to know.

In a world where things are increasingly spread out, building relationships is only getting more important.  The opportunities for doing so outside of your normal day job though, is shrinking, which is one of the reasons conferences can be so valuable. Not earth-shattering, but interesting.

Leading Is Initiating

In my experience, there are many people who assume that in order to lead, they need to know all the answers or be more experienced than the people they are leading.  As a result, they are content to do the things they are asked, and nothing further.  They don’t feel they bear any responsibility for the outcome of the project, only their portion, and that someone else, who has all of the answers, will make sure that the entire thing turns out okay.  They don’t ask why this fits in with the big picture, they just do what they are told.

The reality however is that leaders are not the ones that have all the answers (I would venture to say the never do), but they are the ones that initiate.  They try to understand the bigger picture, and even if they don’t know all that is required, they try to get together the people that do so that progress can be made.  They see the goal, they drive toward it.

Don’t shy away from the opportunity to lead just because you assume someone else knows what’s going on, it’s likely they don’t, and they need your help.

The Benefits of Dwelling

Most ideas can be rather simply put.  Cliff notes have been truncating books for ages. Book reviews often summarize a book sufficiently that you can have an intelligent sounding conversation about the ideas presented with your colleagues.

Unfortunately, ideas represented in simple forms rarely translate into change: Change of action, change of understanding, change of perception.  They become facts that we can spout back, but not readily apply.

Related to the previous post regarding management books, even books that say the same thing from a different perspective, can have benefit, simply because they force you to dwell on an idea for a period of time: To see it from different perspectives.  To hear facts about it.  To engage in stories regarding it.  These are the things that result in change and an in-depth understanding that enables things to be experienced.

This is why I enjoy reading and listening, even if it’s been said before.  Spending time living with an idea, is what enables comprehension.  But if you really want to understand an idea, then try to teach it.  This requires reconfiguring the way we understand something sufficiently to communicate it to someone else, the result of which, is lots of dwelling.

It’s also one of the reasons I have enjoyed writing this blog.  I often find that by expounding on some idea that strikes me, I understand it in a way that I never would have otherwise.

The Irrepressible Need To Correct

We all do it.  Your friend says, “Can you believe that we haven’t seen Bob in 4 weeks?” Contemplating this, your brain calculates that really it’s only been 3 weeks and 5 days, so rather than simply agreeing with the over all point your friend was making –”Hey, it’s been a long time” — you correct him and establish that it hasn’t been 4 weeks, it’s only been 3 weeks and 5 days (apparently those 2 days make the difference between a long time and not a long time).

Why do we do this? I think it stems in part from how we process information that’s given to us.  When someone makes factual statements, our brains naturally ask whether or not that statement is true.  If we find some way to discriminate its veracity, we mention it, often aloud, much to the chagrin of all who have to listen.

Occasionally though, this is the beginning of a quarrel, typically one which has no purpose, except to try to prove the rightness of our own minds.  I have consciously tried to not do this after experiencing this second hand when I was a teenager (yet still I find myself, much to my horror, still slipping into this very thing).

My family was at a restaurant on a cold winter night in Colorado.  The waitress said, “It’s really cold outside.  The thermometer said it was below zero”.  Now, it was cold, and was probably below freezing, but not below 0 degrees Fahrenheit.  After her statements, all of our brains go to work — Zero degrees, must have been zero degrees Celsius.  My brother and my dad both, thinking out loud, mention that it must have been Celsius, but the waitress says she doesn’t think so.

How sweet it would be, if at this point, the next line was, “Hmmm, well, it is really cold outside. I’d like a cup of coffee”, but alas, we have now crossed over into a need to find absolute truth and for everyone to see it our way.  What commenced was a near argument with the waitress which edified no one – until the waitress finally took the peaceful way out”

This was the point in time where I decided that, as much as possible, unless the fact was crucial to an understanding, it’s way better to let these things slide.  Now if only I could remember this more often for myself.

For those who love to correct, let me know if you think my position is in error (just comment below).

A New Management Book

One of my friends and I have an ongoing joke about writing the next new management book.  What we’ll do is simply rehash a mix of 4 or 5 other business books, then find anecdotal examples showing that all successful companies have followed our theory.  It’ll be the next big seller.

Is rehashing things good?  Sure. Given the amount of complexity that we have to deal with, it can be beneficial to dwell on a particular perspective of management as offered by a new book. Yes, they are slicing the same problem, but the way that they slice it or the word pictures can provide better clarity in our minds about things as well as remind us of ideas that we all know, but haven’t dwelt on recently.

That said, there is a lot of ’stuff’ that simply isn’t worth reading. :)

“Of the making of books, there will be no end.”

The Paradox of Choice

The Paradox of Choice is an interesting book, that I think is often overlooked.  The premise of the book is actually, that making choices comes with a consequence and while we wouldn’t necessarily give up any particular choice, the total number of choices that we are forced to make is at the very least taxing and potentially robs of us contentment that we might otherwise have.

This view is contended by both Seth Godin “Meatball Sundae”  and Chris Anderson “The Long Tail”, which basically content that people want choice (since they either are willing to buy something that is unique to their taste or because people buy in the long tail).  I think the Paradox of Choice instead argues more about the cost that we have personally in making choices.

One take away from the book was the difference between those who maximize (try to find the BEST deal) and those who satisfice  (Set their standards high, but then buy the first thing that meets their standards). Those who maximize tend to oversell themselves on the product and have more buyers remorse.  Those who satisfice are willing to take it as it comes more often.

Another aspect of this, that ties in with a previous post on the Inertia of Uncertainty, is that when we are presented with too many choices (i.e. someone offers to let you sample 20 different kinds of jam, vs 3 kinds of jam), you are more likely to buy when there are fewer options to choose between.  Couple this with our desire to make Relative Decisions, we can present to our customers and friends choices that best let them choose in a way that is most comfortable to them.

A final note on this, Godin, Anderson, and others, make the point: People want something that was made exactly for them (mass customization).  In this case, having a huge amount of choice can be incredible, BUT you must provide the decider with an index that lets them find exactly what they are looking for.  I recommend reading the Paradox of Choice for some additional perspective on how we decide.

Scarcity and Excellence

As we continue to progress deeper into a world where things that used to be scarce (technological gadgets, entertainment sources, varieties of food products, etc), are becoming abundant, one thing that is not becoming abundant is excellence.  For every iPod, there are hundreds of mp3 player’s you’ll never heard about.  For every Facebook, there are thousands of websites we’ll never visit.

It’s becoming increasingly easy to create mediocre products or user experiences, but these will quickly be forgotten, if they are ever noticed at all.  We need to strive for excellence if we hope to be noticed or if we hope to make a difference.  Whether we are searching after personal excellence, or excellence in our business, we can’t settle for mediocrity and hope to stumble our way through.

Many things are becoming abundant, but excellence is not among them.

The Inertia of Uncertainty

Inertia (n)  -
Resistance or disinclination to motion, action, or change
(American Heritage Dictionary)

Someone once said to me, “What’s amazing about Napster is not how fast it grew, but rather how slow it grew, given the fact that it removed all barriers to obtaining something that all people enjoy — music”. Why did it grow so slowly?  There are many reasons ranging from legal or moral concerns through simply not knowing exactly how to set it up. People come up with reasons to resist change.

This is a barrier that all innovators have to overcome – the uncertainty others feel about whether or not something will work multiplied by the amount that they actually need something to improve in that area of their life.  As an inventor or innovator, we become enamored with the product or service we can provide.  We understand it’s benefits and bask in them. We believe that if we just explain  to a customer why this is so great, they would naturally switch.  Unfortunately, this often frustratingly, falls on deaf ears; even Google has this problem in trying to oust Outlook.

By our very nature, we figure out a way to make our lives work.  There are always things in our lives that aren’t working as well as we wish, but most things are satisfactory.  When someone approaches us about how to entertain ourselves in a new way, we’re wary.  The old way was satisfying, and so there isn’t much need to change.  This is why selling pain killers is easier than vitamins.  People will take action if it will eliminate their pain.  Now you can sell vitamins better if  you can scare people enough about taking vitamins, that suddenly the vitamins become the painkiller of  fear.

However, when we are truly uncertain of what course of action to take, and when there is a myriad of uncertainty around us, it only solidifies our position of not changing.  People find it easier to NOT decide, then to decide to take an action that may not solve the problem.  This non-decision is, in itself, a decision, but as humans it is the default course of action.  Like a deer in the headlights, when we feel scared, we often take no action at all, even if it’s to our own destruction.

Uncertainty breeds complacency, and as a result, things change far more slowly than the technologist thinks they will. If we are satisfied with something, we are likely to not want to try something that will be incrementally better and instead stick with what we know.  If you are trying to sell people on something new, the potential benefits have to be large enough or hit  a pain point that makes your customer focus on trying something new.

Description Using Antithesis

In some of my reading, I have come upon a style of describing situations that I find fairly interesting.The authors use the antithesis or an anti-description as creating something that is very vivid.

For example, from a recent reading:

“The words seemed to drip from her mouth, not like water, but like mayonnaise”

Or another one:

“The plane was packed, not like a sardine can, but like an ER and with the same smell”

By using a negative description first, it creates a mental image (since as people we don’t do well with negatives – i.e. don’t think of an elephant), and the following clarification then replaces something in the image in a vivid way. Not a break through, but I do find this effective.  Something to think about when we are trying to create a vividness in a story.

Diversification Mediocrity

I just read an insightful blog entry over at GigaOM on the Impact of Diversification on humans – namely that it leads to mediocrity.   In a world, where people are increasingly focus limited, we end up either honing our focus on a specific investment or work, or we simply toss seeds wide because they can’t focus enough to know where the fertile ground is.

Oddly, there is another aspect of this that applies to VC’s namely it doesn’t pay to be wildly above the mean (sure you make great returns, but with few big bets, if you’re wrong, you’re never going to close a second fund).  This is why investors tend to flock together.  They want to be close to average, but they also want to have their own secret sauce that pushes them just a little ahead of their peers.  If they can be just a little better, they are more likely to secure follow on funding from their LP’s.  Apparently, they too use their friends as a filter.

At any rate, I highly recommend reading the post above.