Monday, March 21, 2016

revealing vulnerability

Revealing vulnerability is counterintuitive for a CEO. In such an exposed role, it can feel as though demonstrating anything other than strength is seen as flawed, maybe even broken. Hurt argues that this is not the case: “Certainly, human beings work at your company, none of them are perfect. They’ll respect you for actually admitting when you’ve made a mistake. They’ll model it. You won’t have an air of bullshit in your company.”


Drake Baer (presentation by Bazaarvoice CEO Brett Hurt)
"You Aren’t Born Knowing How to Be a CEO" First Round Review. 7/2/2013



Sunday, March 20, 2016

CEO - the synthesis point

The CEO is a unique functioning role. He or she is the “synthesis point” where all vectors of the organization come together. “The CEO has the ability to look across the company and reinforce the vision.” Illuminating this path time and time again can be done on a range of scales. From holding coffee hours and book clubs to understanding the right time to sell the company, vision and long-term goals should be part of the constant conversation.


Drake Baer (presentation by Bazaarvoice CEO Brett Hurt)
"You Aren’t Born Knowing How to Be a CEO" First Round Review. 7/2/2013

Saturday, March 19, 2016

myopic misery


We hypothesized a phenomenon that we term myopic misery. According to our hypothesis, sadness increases impatience and creates a myopic focus on obtaining money immediately instead of later. This focus, in turn, increases intertemporal discount rates and thereby produces substantial financial costs….

Samuel Taylor Coleridge (1772-1834), the English poet and philosopher, experienced profound bouts of anxiety and depression throughout his life. This life experience may have given rise to his famous phrase “a sadder and a wiser man”.  More recently, beginning with empirical tests of depressive realism (Alloy & Abramson, 1979), hundreds of studies have found support for the sadder-but-wiser hypothesis: Sadness and depression make individuals wiser than nondepressed or happy people. For example, sadness tends to be associated with careful, deliberative, System 2 thought (Kanhenman, 2011) as opposed to heuristic, impulsive System 1 thought (Keltner & Lerner, 2011). Sadness has been shown to reduce a range of otherwise robust cognitive biases, including having overly optimistic views of one’s importance, reputation, and abilities (Alloy & Abramson, 1979); relying on stereotypes (Park & Banaji, 2000); and overattributing causality to individuals (Keltner, Ellsworth, & Edwards, 1993)….

[Yet,] sadness makes one myopic. Although sadness may make people more accurate in some contexts (Alloy & Abramson, 1979), it also makes them prefer immediate gratification – and that preference is not an attribute associated with wisdom….


Jennifer S. Lerner, Ye Li, and Elke U. Weber
The Financial Cost of Sadness” Association for Psychological Science. 2013

Friday, March 18, 2016

missing a compelling future

During an interview on FOX Business Network’s Cavuto: Coast to Coast, entrepreneur Tony Robbins said America is lacking a vision.

“As corny as it sounds, everyone needs a compelling future,” he said. “Everybody needs something to move towards. If you don’t have something to move towards, you settle for where things are and you get upset with where things are.”

Robbins reflected on the history of the country and how, at different times, there were different types of visions held by American leaders.

“[President] Kennedy brought a vision…It’s like we’re going to go to the moon. In various stages people have visions… we’re going to bring back America. What’s our vision right now… to pay our bills?”

The entrepreneur and motivational speaker explained his approach to helping people.

“It’s not about being positive, it’s about being smart,” Robbins said. “When you’re in a lousy state you treat other people poorly, your family poorly, you perform poorly. When you’re in your best state, you’re going to use your capabilities more. But right now, we’re missing a compelling future. We’re missing somebody saying ‘this is what we’re going to do and how we’re going to do it.’”



Thursday, March 17, 2016

a realistic sense of magnitude


One of the cliches of the campaign season is that a candidate has to want the job badly, to burn with ambition, to have “fire in the belly.” Otherwise, why elect someone to the demanding task of being president? Surely the first criteria is to want to be president very, very much.

The biblical model of leadership suggests otherwise. One of the striking features of leadership in the Hebrew bible is how often the people who become leaders don’t wish to be. When God first comes to Moses at the burning bush, Moses contrives a series of excuses—I don’t speak well, the people won’t listen to me—before he flat out asks God to simply choose someone else. God leaves Moses no choice, forcing him to shepherd the people out of Egypt.

The prophet Jeremiah has a similar reaction: He desperately does not wish to be a prophet, but finds that God’s word is like a “fire shut up in my bones,” and despite his desire he can’t seem to hold back from prophesying as God wishes. And perhaps most dramatically, the story of Jonah tells of a prophet who literally tries to flee from God only to be swallowed by a large fish that spits Jonah out on to dry land to prophesy and save the city of Nineveh.

Each is ultimately pressed into service, along with many others who are hesitant to become leaders. Yet once in the position of leadership, they serve effectively and in many cases, with astonishing devotion. The Bible seems to assume that reluctance in the face of a great task is the natural reaction of a healthy spirit, and that pursuing leadership is often a disfigurement of ego and not an essential attribute of authority.

So instead we have a parade of people who are certain they can solve all the problems of the world if we give them a vote. The biblical days when Samuel did not recognize that he was hearing God’s voice, or when Isaiah worried that he was of unclean lips—the age when leadership was tentative, hesitant and humble—has given way to an age when leadership is certain, declarative and boastful.

To doubt whether one can do a demanding job is to have a realistic sense of its magnitude. When candidates are convinced they will be great, I wonder not only if they overestimate themselves, but if they do not recognize the difficulties of the task. In our history we have seen certainty crumble into chaos. Better to elect someone who sees the enormity of the challenge and is humble in the face of being called to serve than someone who is certain of triumph.