Tue 29 Sept 2020
Know When It’s Time to Pull the Plug on a Project !
We’ve all continued to work away on projects that we know are ultimately dead in the water !
If you’re a manager, how can you recognize SUNK-COST INITIATIVES — and actually stop before wasting more resources?
(1) Start by ensuring that even big decisions are reversible !
(2) Recognize business plans for what they really are: EXPERIMENTS !
(3) Break large, risky gambles into a series of smaller tests. Clarify your HYPOTHESIS , the best ways to test them, and the METRICS that will signal whether to persist, pivot, or pause.
(4) Then, implement systems that make visible to yourself and other managers what work is being done and how it’s going. This will help you recognize which initiatives are actually adding value, and which aren’t.
(5) Finally, keep a list of other projects you want to do, and set a rule that you can’t launch anything until you’ve finished or stopped existing projects. The fear of missing out on something better might help you overpower that feeling of disappointment over something that didn’t pan out.
Conclusion : Pulling the plug is always hard, but knowing how and when to do it will help your team become more adaptable, innovative, and resilient in the long term.
This tip is adapted from “Start Stopping Faster,” by Darrell K. Rigby et al.
Sunday, February 14, 2021
Know When It’s Time to Pull the Plug on a Project !
Be a Better Communicator — Even With a Mask On
Tue 06 Oct 2020
Be a Better Communicator — Even With a Mask On
Because masks hide our facial expressions, they make communication more difficult !
Think of all of the nonverbal ways we unconsciously convey sincerity, trustworthiness, good intentions, or confusion. And while they’re critical in combatting the pandemic, masks make it hard to pick up on those subtle cues. How can we build rapport with colleagues even when half of our face is covered?
(1) Start by using your “MASK VOICE .” Speak louder than normal, and convey emotion with your cadence and inflections. (2) Next, practice active listening by giving verbal cues, such as a simple “Mm hmm” or “I hear you,” to the person you’re speaking to.
(3) Use other body language, such as nodding or gestures, when you otherwise would have used your face to communicate something subtle.
(4) Finally, smiling is perhaps our most important nonverbal communication tool, so try your best to smile with your eyes. It may seem uncomfortable or unnatural, but be intentional about wrinkling the outer edges of your eyes. Masks will be part of our lives for the foreseeable future, but with a bit of effort you can overcome the communication challenges they present.
This tip is adapted from “How to Build Rapport … While Wearing a Mask,” by Dustin York
Develop a Plan to Protect Your Career
Tue 26 Jan 2021
Develop a Plan to Protect Your Career
No matter what stage you are in your career, it’s important to plan for your future. And while it’s more fun to plan for your upcoming success, it's also important to identify potential risks that could threaten your vision. Start by writing down your assumptions about your professional life. Which factors do you take for granted? These could be as simple as the city in which you live or the industry in which you work. Then ask yourself what you would do if these factors suddenly changed. What if your company folded, your industry collapsed, or you had to relocate to a new city on short notice? Emotions run high when catastrophe strikes, so defend against your vulnerabilities by devising a plan for the worst-case scenarios in advance. Your career is a long-term investment; by proactively looking at the range of possible futures, you can avoid unnecessary risks, solve problems before they occur, and stay in control of your vision.
This tip is adapted from “Identify — and Mitigate — Risks to Your Career,” by Jonathan Brill and Dorie Clark
Build Resilience by Turning to Your Network
Thu 11 Feb 2021
Build Resilience by Turning to Your Network
The ability to bounce back from setbacks is often described as the difference between successful and unsuccessful people. But how do you build that resilience? Research shows that it comes down to the people in your network: You need relationships that are broad and deep enough to support you when you hit setbacks. So think about what you need in tough times. Some people need laughter, others need empathy, and others need logical perspective. Then consider your network. Identify who you go to when you're in a rut — and ask yourself if they meet your needs. If they don’t, who else might be able to help? Look to your family, your colleagues, or your loose-tie friendships. The pandemic has caused a significant amount of uncertainty and challenges for us all; the importance of building and maintaining connections has never been clearer.
This tip is adapted from “The Secret to Building Resilience,” by Rob Cross et al.
Should You Rehire a Former Employee?
Wed 10 Feb 2021
Should You Rehire a Former Employee?
An employee who left your company wants to come back. What should you do? It may seem like a good idea to rehire them:
Because the former employee is a known quantity, you may consider them to be a safer bet than a new hire. But new research shows that the decision to rehire a so-called “boomerang employee” may not be so clear cut. On the one hand, rehires may require less on-boarding and may contribute more quickly than new hires.
However, they also turn over at a higher rate than other employees (and more than twice as often as people who were internally promoted). And while the job performance of a boomerang employee is fairly predictable, both internal and external hires improve more on the job over time.
So, if predictability, short-term impact, and lower training costs are your goals, a boomerang employee might be the right fit. But if you’re looking for someone who’s going to stick around, an internal promotion might be the way to go.
This tip is adapted from “Should You Rehire an Employee Who Left Your Company?,” by John D. Arnold et al.
Friday, February 5, 2021
Beware WFH Burnout
Thu 04 Feb 2021
Beware WFH Burnout
The pandemic has followed us into 2021, and so has WFH burnout. As a manager, you need to be aware of how your team is really doing. So check in on your employees regularly. The simple act of communicating can relieve anxiety, but not everyone will let you know how they’re doing or what they need. So it’s incumbent on you to start these conversations and to make fair and appropriate accommodations. Be ready to offer flexible work hours whenever possible, and consider which tasks can be done asynchronously. This will give people the flexibility to manage multiple responsibilities (as many currently are). And encourage your team to schedule regular “away time,” when they’re not expected to be responsive online. These little tweaks will make a big difference as many of us continue to live in the middle ground between work and home.
This tip is adapted from “Help Your Team Beat WFH Burnout,” by Bobbi Thomason
" The Secret to Unlocking Your Team’s Best Ideas "
Wed 03 Feb 2021
Brain Storming Tip & Lateral Thinking Tip
" The Secret to Unlocking Your Team’s Best Ideas "
Contrary to popular belief, creativity doesn’t fall off a cliff during a lengthy brainstorm.
Our first ideas tend to be the most obvious, and it’s only by digging more deeply that new ideas emerge.
(1) So set aside more time for creative processes than you think might be necessary — whether that means (a) extending a meeting or (b) putting a follow-up on the calendar.
(2) Also, ask your team to generate two or even three times as many ideas as you think you need. Setting aggressive quotas can help people push past those obvious, early-stage ideas.
(3) And finally, MEASURE your results. For example, the next time you run a workshop, track when the best ideas were actually generated. Was it by the team that brainstormed for one hour, or the team that took three hours?
Did increasing your team’s idea quota result in more creative proposals? Testing out these different variables can help you calibrate your process and harness your team’s creative potential.
This tip is adapted from “Your Best Ideas Are Often Your Last Ideas,” by Loran Nordgren and Brian Lucas
