Thursday, 26 March 2009

Success: the one we show, versus the one we feel.

A really rather simplistic LinkedIn survey showed recently that 41% of people picked "loving what to do regardless of money" as their preferred answer to the question "how do you measure career success?". The next batch of people chose "Good work life balance" (30%), followed by "high income" (11%) and "being your own boss" (6%). People were also given a chance to comment on the survey, and a few of them gave more details about what made their work life a successful one (interestingly here people seem to have confused "successful" and "happy").

Now I find this survey interesting for a few reasons:
  • for starters, what was the intent?? What did the people who set-up the poll expect to find out? Wherever you ask people about what makes them happy at work, don't they always come up with a certain mix of the above? Why does it matter to pick just one factor - does it mean that you could live with just that one and not care about the others? The survey seems to simply confirm what most of us probably already know: that success in work is a happy combination of enjoyment, financial compensation, enough time to also "have a life" (by the way, isn't it interesting that people would choose as a career success factor the possibility not to work?) and be autonomous in what we do.
  • might have been interesting to learn a little more about how people interpret the most popular option ("loving what you do") for themselves. What do we do at work that we "love"? How many people would answer "being passionate about the products I work on" or "resolve tough problems", and also think "bossing people around", "having lunch with my friends at the office", or "showing off my sleek business cards"? Would work really be the same with the non-work little perks it brings along with it?
  • the fact that the poll - and even more, the comments, are released on LinkedIn introduces limitations to what people would answer anyway, and steer them into certain 'appropriate' directions. Surely it doesn't do to say "I love my job when I work very little and earn lots of money" on a network where most of your key professional contacts (and potential employers) can read what you say. In the end, the comments end up being a handy forum to advertise yourself and the all-necessary passion and business-mindedness that encourages others to work with you and trust you with their business. Nothing wrong with that.
In the end, work life is a complex mix, isn't it? The initial purpose is to make a living (few of us don't have this need to start with), but the real challenge is to do it while you also enjoy yourself - do something you believe in, that gets you inspired, and enjoy the whole mix of the relationships (from enjoying a bit of gossip with your office neighbour to cracking tough political tensions), the physical environment, the recognition, the exposure, the ability to solve problems, assert power, teach, learn - whatever gets you to click, and probably a little bit of all of this in different proportions.

Now an interesting additional question would then be: how do you measure career success in others? I wonder if all of a sudden the confusion between success and happiness would disappear. As employers and peers, what makes us consider our colleagues successful? What happens when we hire people, for example? Do we hire them because of their success in achieving a happy mix of money, work-life balance and "loving what they do"? Or does 'success' now mean something else?

Thursday, 20 November 2008

Environment is key

As I am approaching the end of my engagement with American Express, I am almost getting a bit misty-eyed at the thought of leaving behind a very fine team of people. It's good to work with a bunch of bright professionals who have a welcoming, forward-thinking and go-get-it attitude. Not only does it make you feel warm and fuzzy, but it is also inspirational in answering the questions you are bound to ask yourself at times, such as "what do I want to be?" and "who would I like to work with?".

In the end, at work as in life, what surrounds you is such a massive contributor to success: inspiring and collaborative people, space, daylight, and of course, good coffee!

Wednesday, 29 October 2008

Gut feelings (cont.)

I have just discovered that LSE provides recordings of its public lectures, and that includes the one on Gut Feeling mentioned in my last post. Hurray! Enjoy.
http://richmedia.lse.ac.uk/publicLecturesAndEvents/20081020_1830_gutFeelingsShortCutsToBetterDecisionMaking.mp3

Friday, 24 October 2008

How to listen to your gut

I attended a very interesting (and rather entertaining) public lecture at the London School of Economics earlier this week. This in itself is an experience I recommend, be it for the strange feeling it gives you to sit into a university auditorium in the presence of students again.

The lecture was given by eminent psychologist Gerd Gigerenzer of the Centre for Adaptive Behaviour and Cognition at the Max Planck Institute for Human Development in Berlin. It was entitled "Gut Feelings: short cuts to better decision making", and Dr Gigerenzer made, with a certain sense of humour, the point that in many circumstances decisions are better made by relying on the gut feeling of experts rather than the lengthy (and costly) pros-and-cons analysis that can sometimes come in the way of success.

Another interesting point was that gut feeling was not recognised there to be the "unconscious" version of a quicker pros-and-cons calculation than we usually make consciously with spreadsheets and comparative analysis, but definitely a completely different process calling in to other capabilities in the brain. Our presenter talked about
"fast and simple heuristics" (defined there as decision strategies that ignore information, instead of trying to incorporate as much information as possible into the decision making process).

If you weren't lucky enough to attend the lecture, then you could also read the book (same title as the lecture, above). And in the same spirit, what was discussed reminded me very much of another book that made a similar case for gut feelings: "
Blink: The Power of Thinking Without Thinking", by Malcolm Gladwell.

I found myself wondering how many times I had relied on such strategies into my daily life, and how much of this could apply to business as well.

Certainly, I concluded that the best decisions, those that resulted in fruitful, rich experiences and learnings, had been made on my part not only by following gut feelings, but also by ignoring rational logic (often impersonated by caring friends asking me with a worried look: "why?" or "are you sure you want to do this?").

I think this was also the case in successful things that I achieved at work - in hiring talented staff that ended up bringing something unconventional and beneficial to a team, for example. I am also, by the way, always a bit doubtful regarding the benefits of countless interviews and, worse, psychometric testing.

All in all, I reckon that it pays to trust yourself and be bold.

Thursday, 23 October 2008

The O word

I thought I would kick-off this blog with some thoughts about the O word -- outsourcing. I was spending some time today reading the International Association of Outsourcing Professionals (IAOP) Body of Knowledge, and got reminded of one of the most significant challenges that operations leaders have to overcome when outsourcing is going on: human reluctance.

It's tough to describe exactly how much people get emotionally affected by the decision to outsource (before, during and after implementation), and in such circumstances there are always a number of arguments against the decision.

The IAOP summarises them into 4 key common (mis)conceptions:
  • outsourcing = job losses
  • outsourcing implies a step back for the retained employees
  • companies outsource to get rid of their problems, when they would be better off facing them
  • the economy suffers when outsourcing is used

Without entering the debate too much, I will still say that in my mind outsourcing is a tremendous source of opportunities for people and organisations. I could easily find you at least one counterargument for each of the points above, but then again you might tell me that it's because I've been lucky enough to be in a situation where outsourcing represented an opportunity for me, and also because I'm a member of the IAOP myself.

Regardless, I think outsourcing is here to stay, what with the gigantic businesses that thrive on it (it is, in itself, a bit of an industry) and the countless benefits it brings to companies that use it.

And with that in mind, I believe that what operations leaders should attempt to do is, quite simply, making it work. Sometimes a decision isn't a good one until you make it so. Actually, most of the time. (Always?). Are there bad decisions, or just poorly implemented ones?

All in all, the challenge we face as leaders of outsourced operations at all levels is first and foremost to engage the retained team (and sometimes not just our teams, but also the surrounding teams, and not least the internal stakeholders who think their world may collapse when the work gets done elsewhere).

So the question is: how do you engage your team in championing their new working world and making it go round? How do you show your clients that it will work (despite the probable hick-ups of the early days/weeks/months)?

It takes more than a few weeks to get an outsourcing initiative working and showing you its worth -- some say more than a whole year. That's a long time, considering that within that timescale your own team, even if their intention is to "get used to it eventually" have plenty of opportunities to see "proof" that the whole thing is just doomed to failure, and therefore lose all interest in even trying to make it work.

I'd like to invite my more experienced colleagues to provide their insights here, and tell us how they experienced outsourcing in their working life as operations leaders: what key issues they faced as far as people were concerned, and most importantly how they tackled them and resolved them...

Oh, and if any of you would like to learn more about outsourcing, I warmly recommend Phil Fersht's highly entertaining and knowledgeable Horses for Sources blog.