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jerryking : sequencing   4

Productivity Isn’t About Time Management. It’s About Attention Management.
March 28, 2019| The New York Times | By Adam Grant.

The better option is attention management: Prioritize the people and projects that matter, and it won’t matter how long anything takes.

Attention management is the art of focusing on getting things done for the right reasons, in the right places and at the right moments........E.B. White once wrote: “I arise in the morning torn between a desire to improve (or save) the world and a desire to enjoy (or savor) the world. This makes it hard to plan the day.” But in my research, I’ve found that productive people don’t agonize about which desire to pursue. They go after both simultaneously, gravitating toward projects that are personally interesting and socially meaningful........instead of focusing on how quickly I wanted to finish this article, I asked why I agreed to write it in the first place: I might learn something new when synthesizing the research; I’d finally have somewhere to point people when they ask about productivity; and it might help some of those people......productivity struggles are caused not by a lack of efficiency, but a lack of motivation. Productivity isn’t a virtue. It’s a means to an end. It’s only virtuous if the end is worthy. If productivity is your goal, you have to rely on willpower to push yourself to get a task done. If you pay attention to why you’re excited about the project and who will benefit from it, you’ll be naturally pulled into it by intrinsic motivation.

But how do I stay on task if I’m not worried about time?
Attention management also involves noticing where you get things done.....a series of studies led by Julia Lee (now at Michigan) show that bad weather is good for productivity because we’re less likely to be distracted by the thought of going outside....My favorite part of attention management is the when. Most of our productivity challenges are with tasks that we don’t want to do but that we need to do. ....there's something called attention residue: Your mind keeps wandering back to the interesting task, disrupting your focus on the boring task. ...if you’re trying to power through a boring task, do it after a moderately interesting one, and save your most exciting task as a reward for afterward. It’s not about time; it’s about timing.

Of makers and managers
If the goal is not just to be more productive — but also to be creative, then the stumbling block is that productivity and creativity demand opposite attention management strategies. Productivity is fueled by raising attentional filters to keep unrelated or distracting thoughts out. But creativity is fueled by lowering attentional filters to let those thoughts in.

How do you get the best of both worlds? In his book “When,” Dan Pink cites your circadian rhythm as help to schedule the right time to do your productive and creative work. If you’re a morning person, do your analytical work early when you’re at peak alertness; your routine tasks around lunchtime in your trough; and your creative work in the late afternoon or evening when you’re more likely to do nonlinear thinking. If you’re more of a night owl, you might be better off flipping creative projects to your fuzzy mornings and analytical tasks to your clearest-eyed late afternoon and evening moments. It’s not time management, because you might spend the same amount of time on the tasks even after you rearrange your schedule. It’s attention management: You’re noticing the order of tasks that works for you and adjusting accordingly
Adam_Grant  attention  attention_spans  circadian_rhythms  creativity  Dan_Pink  filtering  intrinsically_motivated  motivations  priorities  productivity  sequencing  time-management  timing  willpower 
march 2019 by jerryking
Introduction to the Case Method
(1) Define the central problem. (Problems vs. symptoms, sequence, linkages)
(2) Formulate the alternatives. (3 or 4 are usually sufficient. Include maintenance of the status quo).
(3) Analyze the alternatives. (Uncover the nature, proportion, function, and underlying relationships among a set of variables). Lay out assumptions. Review assumptions to see how dependent conclusions are on the assumptions made. Contingency plans in the case that assumptions don't hold. Opposing arguments addressed? Pros/cons of each alternative.
(4) Recommend a solution. (Make it clear cut. Avoid qualifications)
(5) Specify a plan of action. (Potential reactions)
(6) Prepare contingency plans.
case_studies  business_schools  symptoms  howto  frameworks  problem_framing  problem_solving  linkages  marketing_math  critical_thinking  action_plans  contingency_planning  alternatives  assumptions  argumentation  sequencing 
july 2012 by jerryking
Go Ahead, Take a Risk
June 22, 2004 | WSJ | By ADRIAN SLYWOTSKY

What are the risks you should be taking but aren't? Most managers treat risk as an unwanted byproduct of the business. They think narrowly of financial, operating, and hazard risks, such as currency fluctuations, employee fraud, and earthquakes. And they defend themselves through practices like hedging, internal controls, and insurance.

But disruptive strategic risks can be a much larger source of value destruction for a firm. I looked back to the bull market of the 1990s to analyze movements of the Fortune 1000 stocks; even then, before the market collapsed, 10% of stocks lost over one-quarter of their value in a single month, primarily because of strategic-risk events.

The most successful companies do not try to simply minimize strategic risk; they embrace such risk by making prudent bets in their growth-oriented strategies. Strategic risks include not just the obvious, high-probability events that a new ad campaign or new product launch will fail, but other less-obvious risks as well: Customers' priorities will change quickly -- as when baby-boomer parents quickly migrated from station wagons to minivans, catching most automakers off guard. New technology will overtake your product -- as mobile telephony has stolen market share from fixed-line voice. A one-of-a-kind competitor will render your business model obsolete -- as the Wal-Mart tidal wave has washed over mid-range department stores.

Although insurance and hedging can't address strategic risks, there are an array of countermeasures that can, including these three:
1) Smart sequencing for new growth initiatives. Look for incumbents that are moving deliberately, leveraging existing assets and customer relationships to gain the experience, knowledge, and reputation necessary to take the next step with confidence.
2) Proprietary information to reduce the risk of each new initiative. Gather and generate proprietary information that produces a depth of insight into the customer's needs and activities that traditional suppliers cannot match. This will make you a supplier of choice, reducing bidding volatility and allow you to plan with greater certainty.
3) Double betting to minimize the risk of obsolescence. When several versions of a new technology are competing to become the standard, it's impossible to predict which will prevail. So smart managers make double bets. Betting on both Windows and OS/2 positioned Microsoft to be the winner, regardless of which operating system prevailed.

Traditional risk management seeks to contain losses. But that's just one-half of the growth equation. By embracing strategic risk, Cardinal, JCI, and other risk-savvy companies have raised their growth potential in addition to reducing their economic volatility. That's important at a time when aggregate market growth is sluggish: The biggest risk of all is not to take the right growth risks for the business.
leaps_of_faith  Adrian_J._Slywotzky  risk-taking  proprietary  sequencing  scuttlebutt  information  growth  strategic_thinking  Mercer  Oliver_Wyman  product_launches  nonpublic  low_growth  slow_growth  insights  customer_insights  value_destruction  disruption  insurance  new_products  obsolescence  countermeasures  volatility  customer_risk  one-of-a-kind  hedging  overly_cautious  risk-aversion  de-risking  double_betting  risk-management  bull_markets  customer_relationships  dark_data  risk-savvy  internal_controls  financial_risk  risks 
june 2012 by jerryking
20 Ways to Derail a Successful Sales Career | Company Activities & Management > Sales & Selling from
September 1 2002 | American Salesman | Bill Brooks.

#4.. They fail to prospect. Perhaps the greatest cause of failure in
salespeople is an inconsistent flow of qualified prospects. What causes
this? Becoming overly comfortable with existing customers, believing you
are in control of your marketplace... the list is endless.
#17. They never learn how to ask questions. Remember earlier I discussed
the concept salespeople fail to ask the right questions ... this is a
corollary to that flaw. Asking questions in the correct order, and in a
way that is non-threatening, open-ended and qualitative in nature, is
essential to sales success.
complacency  sales  selling  prospecting  tips  questions  sequencing  non-threatening  open-ended  qualitative  asking_the_right_questions 
december 2010 by jerryking

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