Rishad Tobaccowala's Blog, page 20
February 27, 2022
Generosity.
Sculpture by Antony Gormley.
What is generosity?
The University of Notre Dame’s Science of Generosity Initiative defines generosity as the virtue of giving good things to others freely and abundantly.
The definition is further articulated in greater depth as follows:
Generosity is a learned character trait that involves both attitude and action—entailing as a virtue both an inclination or predilection to give liberally and an actual practice of giving liberally.
Generosity also involves giving to others not simply anything in abundance but rather giving those things that are good for others. Generosity always intends to enhance the true wellbeing of those to whom it gives.
What exactly generosity gives can be various things: money, possessions, time, attention, aid, encouragement, emotional availability, and more.
Generosity, to be clear, is not identical to pure altruism, since people can be authentically generous in part for reasons that serve their own interests as well as those of others. Indeed, insofar as generosity is a virtue, to practice it for the good of others also necessarily means that doing so achieves one’s own true, long–term good as well.
The key points here are that a) generosity is more than about money, and b) being generous is usually a win-win where both sides gain.
Sculpture by Antony Gormley.
Generosity and life.
A CEO shared a story about how a poor family of immigrants stopped to help someone who had a flat tire in bad weather. After the tire was changed, the individual offered money to the family. They turned it down saying “Today it was you. Tomorrow it might be us.”
Sooner or later, everybody finds themselves needing help and depending on acts of generosity. It might be some form of aid, guidance, a person to talk to who will listen, a leg-up or sometimes gently delivered difficult to hear advice.
By being there and helping when someone is in need ensures good “Karma.”
If what goes around comes around it may make sense to send good stuff people’s way.
Sculpture by Antony Gormley.
Generosity and emotional well-being.
Several research projects have indicated that helping others has significant benefits from making your body “glow,” to reduced stress and anxiety and a longer life!
Generosity enables greater human connection, a sense of community and a higher social standing.
Importantly, generosity is not about wealth and a number of studies indicate that those less well-off tend to be more generous with their resources than those with resources often giving their time and energy and often even money from their constrained budgets.
Being more exposed to the challenges of limited resources they may be more compassionate.
Generosity, compassion, and empathy are three emotional states that are deeply inter-connected.
Sculpture by Antony Gormley.
Generosity as a strategy.
If strategy is future competitive advantage, generosity is smart for individual or company strategies.
Generosity builds good will which is both an asset and a moat.
It is an asset in that it can be tapped in the future.
It is a moat because when an individual or a company has been generous in times of trouble their employee or customer are less likely to switch to a different firm for a lower price or higher pay.
Generosity is also a key differentiator in that usually when a person or firm needs help there are few people willing to help someone out of power or in trouble. Those individuals and brands who do help stand out and their showing up and helping when others are not burns into the emotional and mental memory of the recipient.
Emotional connections are harder to sever or replace than financial connections.
Sculpture by Antony Gormley.
Generosity and modern marketing.
We are at the Dawn of a New Era of Re-invented Marketing where Brands are increasingly differentiated through experience, purpose and employee joy.
One way a brand delivers a great experience is when it surprises you with generosity.
Last week’s post Tattoo resulted in many people sharing stories of how a brand or company’s generosity made a lifelong impact.
Here is one:
“Long ago, must be 30 years ago or more, I went into Tiffany’s to purchase one cufflink.
The night before I had attended a black-tie event and one cufflink must have worked itself free (it was the solid type, and was difficult to get on and off), and I lost it off my sleeve. Just wasn't there when I got home.
I said to the counter person that I just wanted to buy one cufflink to match the other one.
She left.
She returned with the typical Tiffany's blue box with the white ribbon. "Here you go...no charge," she said.
I couldn't believe it.
You must be -- at least -- the 400th person I have told this story to.”
Brands today cannot succeed unless their employees are happy. It is the employees who after all provide the service to customers and clients. It is the employees who generate the ideas and solve the problems. It is often the employees who are most believed and can be the greatest ambassadors and advocates of a brand. Often employees are far more authentic ambassadors than a celebrity that companies give tens of millions too. Why not be generous in care, money, and attention to employees?
The CEO of the company where I spent my full-time working career recently awarded many tens of millions of dollars in bonuses to thousands and thousands of employees who were not eligible or expecting such largesse. The impact of that generosity has been very significant and builds on many other acts of generosity of care and attention through the very difficult circumstances that people have had to deal with due to the tragedy of Covid-19.
Culture is not just a place or a history but a way of being and behaving. Great cultures always have some form of generosity whether it is compensation, benefits, forgiveness of mistakes that encourage risk taking and more.
Generosity is a key to brand experiences and brand employees, but it is also a corner stone of brands purpose driven marketing. Smart companies recognize that purpose ensures not just attraction and retention of talent but also that ESG, DEI and other initiatives truly help the company economically.
Generously helping community, environment and others helps the brand.
Stake-holder capitalism usually helps stockholders when balanced and managed well.
Sculpture by Antony Gormley.
Be generous.
Generosity is aligned with life and happiness.
It is strategic and a key to the future of marketing.
It scales by helping you build a reputation.
Talent wants to collaborate with talent that gives versus talent that takes,
As we move to the Third Connected Age of the Internet with open web and DAO’s (Decentralized Autonomous Organizations) generosity will be a key edge and signal that attracts collaborators and unlocks opportunities.
Being generous reminds us that a zero-sum, transactional, closed mindset makes little sense in a world driven by abundance, relationships, and openness.
And it makes us feel big regardless of how small or junior or resource constrained we might be.
Finally, it aligns with one’s self-interest because when you give you often get back much more than you gave.
The generous thrive both in the short and long run.
February 20, 2022
Tattoo!
Illustration by Gabriel Moreno
The official definition of “tattoo” according to Webster is:
1: a mark, figure, design, or word intentionally fixed or placed on the skin:
a) one that is indelible and created by insertion of pigment under the skin
b) one that is temporarily applied to the skin, resembles a permanent tattoo, and usually lasts for a few days to several weeks
c) one that is composed of scar tissue intentionally created by cutting, abrading, or burning the skin
2: the act of tattooing : the fact of being tattooed
But what if the real tattoos are internal and not visible for all to see?
The moments, experiences and events that mark a person’s life but leave no external sign.
The transformative moments that impact what we feel, think, and believe.
Moments that resonate for a while or forever.
These are tattoo moments.
Illustration by Gabriel Moreno
Tattoo moments and identity.We are what we are because of what we were, where we have been and whom we have intersected with.
We are in large part what we remember.
Often, we try to define a person by demographic or behavioral criteria.
We segment by media exposure, search history, geographic location, political affiliation, product ownership and leisure activities.
The fumes of people’s digital usage and external badging are read like entrails to understand and reveal motivations.
But do they truly paint a picture of who a person is, what they care about or what makes them tick?
Data, data everywhere.
So much data under which we sink
Data, data everywhere.
Does it paint a picture or help us think?
Imagine getting all the data you could collect about a person to paint a profile.
The reality is any individual is many different people depending on the specific mood and situation and in many ways may not be knowable.
So, we will parse the data depending on what we are looking for.
As has been written “we see as we are.”
Imagine if instead you could have a conversation with that person and ask questions like these:
a) What events and or people in your past have made you who you are today? Why?
b) What beliefs have you given up on and/or what beliefs have you aligned with more strongly? Why?
c) What makes you most happy and most fearful?
We might understand someone as a person and a human versus a consumer, user, or target.
We are not a compilation of our purchases, downloads, page views or other numerical juxtapositions.
The meaning is not often in the math.
Illustration by Gabriel Moreno
Tattoo moments and marketing.For decades marketers have found certain stages in a person’s life where they are more susceptible to messaging and marketing.
Whether it is the impending birth of a child to a physical re-location there are times where people are more open to change or to paying attention.
Marketers also recognize that there are moments of interaction where up-selling or cross-selling is likely to be more successful, such as when someone is opening an account or when one is about to pay for items in one’s real or digital shopping cart.
Basically, marketers look for moments of greatest attention and interest.
The challenge is that everybody knows these rituals and some combination of high costs and fees to show up at these moments or a certain weariness and understanding by people of what is happening, makes these less differentiable.
If instead of thinking only about where someone is on a customer/purchase journey we think about where we can surprise them positively the most, or turn a negative to a positive, we find compelling tattoo moments.
For instance, if we want to get people to speak well about our product or service instead of advertising to them or desperately try to get likes or influencer mentions, why not give them a sample of the product for free? Why not re-allocate a portion of the communication budget to enhance the quality of the product or service which will then speak for itself and get its satisfied users to speak about it. In today’s world brands are more likely to scale through people if they have a superior product or service rather than just telling people they have a superior product or service.
Imagine if you were a cable company or publisher and re-allocate the “stop them from unsubscribing” budget where you slash prices, increase channels in a bundle or enhance broadband speeds to people who are quitting, to instead reward the most loyal customers by going to them and cutting their fees and/or upgrading their services to simply say thank you.
When someone least expects an act of generosity it has a tattoo like impact.
It means they are special, and they are not being taken for granted.
So many marketers promise to “surprise and delight” customers but do we really?
Instead of a yearlong spray of pellets that have little impact why not focus spending by delivering a couple of cannon balls of high impact interactions, gifts, or surprises?
One or two “surprise and delights” might be worth a year of messaging
Less is more. The rare is meaningful. The special resonates.
Traffic in scarcity to stand out in a world of abundance, sameness, and noise.
Find and fund the tattoo moments by asking “what can we do and where can we do something that will make someone come away different”?
Illustration by Gabriel Moreno
Tattoo Moments and Talent.A combination of new technologies and the challenges of Covid-19 have forever changed the future of work and how talent views things.
A colleague of mine recently noted that most work could be segmented as “heads down”, “heads up” or “heads together”. “Heads down” would be tasks like reading documents, working on developing content and other primarily solo work. “Heads Up” is where we attend presentations and meetings primarily to share and gain information. “Heads together” is when we need to work together to collaborate, brainstorm, and network.
Cultures are important to companies. Connections with other people in the analog world can be important for people particularly early in the career to learn and build relationships. While much of the “heads down” and a majority of the “heads up” work can be done in a distributed and unbundled fashion, a large part of the “heads together” work can gain from in-person connections particularly early in a project or when teams are first getting together.
But the reality is that for most people the five day or even the three day a week model may be replaced by a few team interactions a quarter and many of these may happen outside the office at an off-site event, a restaurant, or a conference.
Companies are going to have far fewer opportunities to build the fabric of their cultures and managers are going to have far fewer in person opportunities to interact with their teams.
Therefore, every company must re-think how to manage the growth and development of their talent, the fabric of their culture and the strength of human connection when there will be just a few occasions a year.
How does make these interactions count and meaningful?
A significant investment in great training to help people grow themselves is a way companies will create tattoo moments that matter.
Ensuring that managers are trained to make the most of in-person interaction and to learn to empathize with the situation of their teams (family or other pressures, need for flexibility) or enable acts of generosity and kindness that will forge emotional links between people is another area that companies should focus on.
Increasingly companies will recognize that attracting and retaining talent means sculpting moments that matter. Powerful experiences, employee joy and a diverse fear free culture can be built around a few tattoo moments.
Regardless, we can all make our mark on each day by living it italicized, bold and with an exclamation mark!
Every day we should ask what made it memorable and special and how we tried with each interaction to help someone come away different and better.
Tattoo!
February 13, 2022
Learning to Learn
Photography by Xuan-Hi Ng
Earlier this week, I was invited to speak about the Future of the Internet to nearly 800 individuals.
This included topics like Web 3.0, Metaverses, Crypto, NFT, Wallets and more.
After the presentation, I heard from quite a few attendees who in addition to finding the hour enlightening and educational queried me on how I had "figured out" and “made clear and enabling” versus “confusing and intimidating” a complex topic.
They were asking how one learns to learn.
Photography by Xuan-Hi Ng
Upgrading Our Mental Operating Systems.
My book "Restoring the Soul of Business: Staying Human in the Age of Data" includes a chapter called 'Upgrade Your Mental Operating System" which ends with these key takeaways:
1. Regardless of how senior or established employees are, they all possess the capacity for growth and relevancy in changing times.
2. Organizations need to set aside time for people's mental self-improvement. They can encourage employees to escape digital routines and engage in tasks and conversations that stretch their minds.
3. Today there are many amazing new ways of self-learning and improving of which every person can take advantage of.
The book was written before the tragedy and challenges of Covid-19 which we are still grappling with two years later. Today, in a world of unbundled and distributed work, the great resignation, the need for meaning, and a hunger for skill and personal growth to remain relevant in transforming times, these key takeaways are even more resonant.
Photography by Xuan-Hi Ng
Three things all of us can do to learn.
1.To learn we must be committed to learning and set aside time for it.
All of us should set aside an hour a day (or seven hours a week) to learn.
Understandably, when so many of us are stretched with responsibilities and job pressures and family challenges it may sound unrealistic to set aside an hour to learn.
The reality is that we do not have a choice since the world is changing so fast that a failure to upgrade our mental operating systems will sooner or later result in failure and setbacks that will cost us years because we did not find an hour a day! (Chill an hour less with Netflix, scroll a little less on the socials, watch summaries of sports games on YouTube versus watching the entire game).
We cannot outsource learning (yes people can help guide us), but we must exercise our own minds just as we cannot outsource physical exercise to someone else to keep our body healthy.
2. Build a case for the opposite of what you believe is true.
Nothing makes you think differently and truly see from a different perspective as building a case for the opposite of what you think or believe is true.
At minimum it helps you make your case better by seeing the opposite side and fixing the weak spots in your argument and sometimes you may see things differently and change your mind.
Today we really need to do this since a combination of who we spend time with, media we choose, and algorithm driven feeds that are optimized to re-enforce our convictions can lead us to lose grip with reality.
This is true for all of us but particularly for senior and powerful people who may be surrounded by sycophants or people worried about saying things that will displease the “boss”.
Sooner or later because of these filter bubbles, self-re-enforcing loops or carefully massaged and edited communications we make the mistake of believing that our flatulence smells like Chanel 5!
3.Do!
If you want to learn how to be a good writer, you cannot stop at reading great writers and books on writing. You must write and get feedback and then write again.
If you want to learn Web 3.0 reading Scott Galloway, A16Z or others are interesting and important but sooner or later you must plunge into Discord and Twitter communities, get a wallet, mint an NFT, put on an Oculus 2 or a HoloLens (if you can access one) and much more.
Only then will we realize so much of what people are promoting, boasting, fear mongering, moaning, or screaming about is utter BS and why Web 3.0 and Metaverse are not the same and one can do very well without the other! And the real sleeper here is how the wallet could change everything about identity, privacy and data ownership!
Only by doing can we learn enough to understand and lead.
Photography by Xuan-Hi Ng
Fresh perspectives. Fierce provocations. Feedback.
To ensure learning it is imperative that one have a diversity of not just faces but voices. By looking at things from different perspectives and from perspectives of different people we grow.
In addition, one needs to think provocatively and question all in going assumptions and first principles. Too many of us believe we are more limited and have less agency than we do. One does not know where the line is until one crosses it.
Finally continuous or regular feedback helps us learn. Here are some best practices on receiving and giving feedback. https://rishad.substack.com/p/on-feedback
Photography by Xuan-Hi Ng
The Journey Ahead.
The future is important because we are going to spend the rest of our lives there.
Regardless of what your news channel and your digital stream may indicate we are not all doomed, things are not all dark and the days of the past were not the halcyon days they are made out to be.
Rather, we are at the cusp of the most amazing time for humanity where a combination of all of our learning to date, breakthroughs and inter connections between technologies such as AI, Biotech, Blockchain, 5G, Robotics and a total re-think of education, finance, mobility and health care in a global world where billions of people have access to technology with “God-Like” power is going to unleash a bright future.
We can be better, and we can do better.
Even if it is just us as one single individual.
Because after all a society and a company is nothing but a collection of individuals.
Arthur Clarke the writer of 2001 a Space Odyssey is buried in Sri Lanka.
His tombstone can serve as an inspiration to us all to keep learning and growing:
“He never grew up, but never stopped growing.”
February 6, 2022
The Fractionalized Employee
Arizona Canyon photography by Ed Cooley .
Most of us need to work and it is central to our identity.
Yet, even though work is important most of us do not define ourselves solely by work. We have many other identities and responsibilities (parent, caregiver, sailor, artist…) that make us who we are or passions we wish to pursue.
To integrate and deal with the spectrum of what life brings we could work at a job with all its benefits but also constraints or be a free-lancer/independent worker with all its freedoms but uncertainties.
Today due to several forces there is the possibility of another way as we architect the future of work.
A way that benefits both the individual employee and the firm.
Arizona Canyon photography by Ed Cooley .
Three ForcesThree con-current forces are re-sculpting the nature of work and what constitutes a company in the most dramatic ways in over a century.
Technology: Over the past four decades one wave of technology after another has changed the nature of work, where it is done and when it is done.
This began with the expanded use of the personal computer in the 1980’s, the birth of the First Connected Age with the World Wide Web in 1993, cloud and mobile computing of the Second Connected Age of the 2000’s and now the coming tsunami of Web 3.0 +5G+AI and more of the Third Connected Age.
Demographics: Except for the continent of Africa most countries particularly Europe, the US, China, and Japan which account for most of the global GDP are seeing shrinking and aging populations on one hand and a new generation of talent which questions the way companies are organized and run.
Covid-19: The past two years of unbundled and distributed work has changed people’s mindsets. They are like champagne corks that once opened swell and do not fit back in the bottle. Everything is being questioned from the nature of work to the role of management.
These three forces of accelerating and enabling technology, declining work forces and new mindsets have significantly shifted the balance of power to talent versus the firm in most white-collar knowledge-based industries.
Arizona Canyon photography by Ed Cooley .
The firm is likely to endure.Companies of various sizes will continue to exist both as key drivers of economic growth and the creators of jobs. The late Ronald Coase of the University of Chicago wrote the firm exists because external friction is greater than internal friction which means whether it is from standing behind a Brand promise, to building and bundling expertise to re-allocating capital it is easier to do it as a firm versus a swarm of individuals. As we move into the Web 3.0 world of DAO’s (Decentralized Autonomous Organizations) the nature of governance may change but some sort of firm will likely endure.
But their architecture and how they attract, retain and leverage talent will continue to morph dramatically in the next few years as both capital and labor, management and worker, and employer and talent work to find a mutually profitable win-win scenario.
Work will matter.Despite the anti-work screeds of Reddit (which itself has imploded in a civil war of schism and re-crimination) people will need to work for a variety of reasons including income but also for identity, community and meaning.
The big shift is not going to be about working or not working but how the work is done at a particular time in an individual’s career. There will be more flexibility in how talent will work but also more flexibility in how companies can interact with the talent.
Today most companies combine three types of work forces.
A full-time employee,
A full time or part time contracted employee from another firm (e.g., Wipro or Cap Gemini)
Free-lancers (directly or via an intermediate firm)
Full-time employees are usually the backbone of any company and its culture with contracted and free-lancers being mixed in to expand expertise and manage oscillating workloads in a cost-effective manner.
We may now want to think of a fourth type of worker to reflect the forces of technology, shifting demographics and new mindsets: The Fractionalized Employee.
Arizona Canyon photography by Ed Cooley .
The Fractionalized Employee.Imagine if one could get both the continuity and loyalty of a long-term employee with the flexibility of cost management of a part time employee and the expertise of a free-lancer and do so in a way that both grows employees and retains them in the long run.
This is the Fractionalized Employee.
Every employee in the company is given a choice to work 100%, 75% or 50% of their time. (In the US one needs to be working 50% to be eligible for health and other benefits).
They get to select this at the beginning of every year or can adjust to a different level when a life event occurs (health, birth of a child, need to take care of a parent, a passion that needs to be attended to or other life issues).
No longer does an employee have to choose between staying or going or being torn trying to do two things at one time. If they wish to try out a different type of non-competitive job (starting a gaming company –assuming they are not working at a gaming company--or being an artist or writing a book) it behooves their employer from letting them do so because retaining half or three quarters of a talented person is better than zero. As importantly these external skills or vocations will make the employee better rounded and probably more productive. And there will be cost savings from both reduced compensation but also eliminating the friction and cost of severance, re-hiring, and training.
And it will probably attract a lot of talent who may want to work 50 to 75 percent of their time.
Including the more seasoned who might only want to work half their time. As countries grapple with aging and declining populations this is one way to address this issue.
For the employee they do not have to give up an income stream, health benefits or a part of their identity to build new skills, pursue new horizons or take care of life’s events. Over the course of a career, they can dial up and down the percentage they work.
As importantly with a base revenue stream and health care they can decide how to use the percent of time they have bought back or own including building new skills or working as a free-lancer or expert with many new communities of talent. For many people free-lance work alone does not work either because of lack of health care, unstable income, or lack of connection to a community (though there are many new models of communities working to offset these issues).
The Fractionalized Employee model will allow companies to retain talent, grow talent, mix, and match talent in ways that are truly win-win.
The company gets access to cost effective talent and a program to differentiate and attract talent. It has a stronger culture than one with lots of people who do not leave or lots of continuous dependence on free-lancers.
Talent gets to retain income streams and benefits and continuity and community or work while balancing life challenges or other passions and interests.
Arizona Canyon photography by Ed Cooley .
Why the Fractionalized Employee makes sense today?The Great Attraction listed the nine factors that make people join, stay, and thrive at a firm. They join for money, fame(recognition) and power(autonomy). They stay for values, purpose, and connections (with clients, bosses, and their colleagues). They thrive when the have freedom (flexibility), story (how the company fits into their lives versus they are fitting into the company’s life) and growth (growing themselves as people as well as skills).
Being offered the ability to work 50, 75 or 100 percent of their time enables all of these but particularly the latter three of freedom, story and growth that allows them to thrive.
And if a company is to thrive it can only do so if its employees do.
Modern technology, new mind shifts and changing demographics call for a new way that allows firms to thrive and people to grow. Smart companies, leaders and talent/HR teams should adapt their rules, structures, and ways of operating to enable the fractionalized employee.
January 30, 2022
Wisdom.
A week ago, I was one of a dozen speakers at a “Celebration of Life” event to mark the passing of a renowned and highly respected leader in the marketing, media and digital industries named John Durham. ( Had written a tribute to John on his passing ten weeks ago that had struck a chord : “Go the extra mile. It’s never crowded.” )
For the Celebration Event each of the speakers was given a specific brief to speak to one facet or time in John’s life. I was asked to speak about lessons he left for us leaders in the marketing, media, and digital industries.
Hundreds of people from students of John to CEO’s and pioneers of industry attended the event and I heard from many of them on how meaningful they found the talk and noted that John’s lessons were essential wisdom not just for the marketing and media industry but anybody in any business.
So today, I am sharing John’s wisdom with some significant variations and adaptions given the very different and wider audience and that this will be read rather than heard.
1. Be DistinctiveCompanies, brands, and individuals which succeed are ones that differentiate themselves.
Stand for something.
Have a distinct point of view.
Provide a different perspective.
Craft a culture and a way of working.
Build a network and teams of diverse and the different and let them be them and free to speak out if you want to have a truly different product or service or grow your own skills.
John was so distinctive from his unique viewpoints (Durhamisms) down to his amazingly colorful socks that he became “The Durham”.
[image error] 2. Be a source of enlightenment and inspiration.All businesses can be tough. The marketing and media business can be tough.
It is very easy to get down and be negative given all the challenges that come with great velocity every day in a business filled with persnickety customers and clients that can be trigger happy in switching providers.
We can all be caught in a frenzy of urgency, twisting, and twitching with cyclonic vigor in attending to the matters at hand.
But never forget that people are looking to leaders to show the way forward.
Despite a topsy turvy career and significant health challenges, John always checked in on folks, had a story to make you feel better and inspired everyone from his students to all of us.
He shone a light on the way forward. And made us feel lighter under our burdens.
3. Fiercely defend ideas.This is a business like all businesses that has gotten more data and spreadsheet driven as communications have become more digital and technology enables measurement at a granular level.
We all need to better understand and grow our data capabilities, but John reminded us that the key to marketing and media business are ideas.
We are in the businesses of change, culture, fashion, trends, insights, innovation, and human connections.
We need to be careful that in our idolizing the technology and data and spreadsheet we do not lose our way by following the wrong star home.
It is ideas and creativity that attract people to the marketing and media industries, and if they wanted to work in finance or technology or data they would join Goldman, Palantir, Snowflake or another company where those skills are what differentiates.
Ideas are the heartbeat of our business and the best of them tend to initially be so heart stopping in their difference with what has come before or so fragile that they need to be defended, protected, and nurtured so they can refresh the bloodstreams and future of our businesses.
4. Look over the horizon for what is next.John was besotted with what lay ahead.
He switched careers and built practices around what would come. He moved from radio to magazines to media companies to agencies to tech companies to a bespoke consulting company working with start-ups.
He would invite me to his class at University of San Francisco where he prepared students for tomorrow and in the last class, we talked about the revolution in marketing that Web 3.0 might bring.
I would not be surprised to find that John might have owned some Bored Apes Yacht Club NFTs.
Tomorrow is where we spend the rest of our lives and even in the waning weeks of his life John looked over the horizon.
Whenever we are surprised as leaders or companies it’s because somebody made tomorrow tangible today first while we were solving yesterday’s problems.
5. Be passionate and care deeply.John was dignified.
John was a cool cat.
But he was not cold, haughty, or chilled but rather warm, approachable, and vulnerable.
He was not a reticent, calculating, two steps ahead strategic plotter or someone who hedged his positions and blew with the wind.
He cared deeply and passionately.
He remembered in a silicon based, data driven and digital world to remain a carbon infused, feeling filled and analog human.
John cared passionately about his people, his companies, his work, and his points of view.
And of course, wine.
Very fine wine.
6. Renew. Refresh. Re-invent.In a complicated world filled with hurly burly speed and messy things called people things often go wrong.
Snafus of communication and differences in expectations, incentives or approaches will lead to wires crossed and hurt feelings that can sever ties and relationships.
John always counseled to renew and restore and repair relationships even if it meant eating humble pie sometimes when you did not have to or want to.
He also noted that we constantly change as people, and we need to see each other from time to time with new eyes.
It is important to refresh and renew both your own relationships and those of your brand and company. Do not put people in a box and think you have them figured out. They change.
Finally, as someone who re-invented his skills to align with whatever new reality and opportunity, John reminded us that the real death occurs when we stop learning.
In illness and in good health John practiced a daily resurrection.
7. Combine roots and wings.As we have heard there were at least two John’s. The John of the South which were the first half of his life which we know just a little of and then John of the West which we called “The Durham”.
While we may never have understood John’s roots and we often do not understand where people come from, their past beats like a second heart within them just like the roots and history of brand and companies have twisted them into their current shapes.
Every successful individual, brand, and company is fed by their roots, but they aspire to change, grow, and adapt and fly with wings.
Wings without roots often get blown away.
Roots without wings wither and die.
Fusing roots and wings is the way.
8. Protect and guide people.In the end the most important thing John taught those willing to listen was that as leaders our first and foremost job was to protect and guide people since we scaled through our people. The best people could get into trouble, down cycles, or be upended in some ways and they must be protected.
The most talented would sometimes lose their way or come to a fork in the road and begin to question themselves, where they were and where they were going and needed guiding.
By protecting and guiding not only would we do the right thing, but it would be such behavior that would attract and retain talent for the long run.
Today hundreds of us from all over the country and all over the world are here because in the end John through his Durhamisms, his call just at the right time and his sharing of wine with wisdom has made all the difference to our lives.
And while he is gone if we practice what we learned from him he will still be beating in our bloodstreams.
Photographs by Rishad Tobaccowala.
January 23, 2022
Dignity
Photographs by Chris Arnade
Dignity is the right of a person to be valued and respected for their own sake, and to be treated ethically. It is of significance in morality , ethics , law and politics as an extension of the Enlightenment -era concepts of inherent, inalienable rights . The term may also be used to describe personal conduct, as in "behaving with dignity" (Wikipedia)
Marcel Proust wrote that it is “not to visit strange lands, but to possess other eyes that is the only true voyage”. A writer/photographer named Chris Arnade opens eyes we may not have seen with.
Chris has written a book which might be about an "other world" but is really about humans and our quest for identity, belonging and meaning.
Photographs by Chris Arnade
Chris Arnade received a PhD. From John Hopkins University in Physics and for 20 years worked at as a trader at Wall Street banks.
He left all of this behind and began a three-year journey across America driving 150,000 miles talking with and taking photographs of an America that is very real but few of us get to see or interact with. Millions of people who despite being stigmatized, ignored, or made fun of are fighting to maintain dignity.
Chris distilled his words and edited his photographs into a book: Dignity: Seeking Respect in Back Row America (The book was completed before Covid-19)
It is two books fused into one. One is a series of conversations with a spectrum of individuals across America who are forgotten, invisible and on the outskirts of our minds and another a spectrum of amazing photographs that bring these people to life.
Photographs by Chris Arnade
The subjects of the photograph seem to be saying:
Take our picture.
Tell our story.
We are here.
We matter.
The book is “about re-considering what is valuable, about honoring the aspects of life that cannot be measured, and about an attempt to listen and look with humility”
Regardless of what your beliefs are as you start this book you are likely to re-visit them by the time you finish it.
[image error]Photographs by Chris Arnade
The Importance of McDonald’s.
As Chris travels across America, he finds that in many places the center of the community of Back-Row America is the local McDonald’s. It is a place where people come to connect, to gossip, to celebrate, to meet before and after games, to read the Bible, to use the facilities and to stay warm.
An entire series of photographs are centered around McDonald’s.
Everyone seems to know how far the nearest McDonald’s is and in some instances Walmart. These two corporations which are often looked upon by skepticism by Front Row America are critical, essential, and deeply popular in much of the country.
Photographs by Chris Arnade
Everything is not under control.
The book tells and brings alive the story of people bearing the brunt of loss of jobs due to globalization. People dealing with childhood trauma and racism, and then being unable to progress due to the lack of credentials and the lack of mobility due to need to stay close to those they love, or they lack the resources to up and go.
The book is “about how you see yourself in the world, it’s about being physically strong when everyone now values being smart. It’s about caring about place and family when everyone values career. It’s about faith when everyone now values science or liking McDonald’s when everybody says it’s bad”
It is about how the self-perpetual cycle of rejection, isolation and drugs increasingly tear the fabric of community and the collateral damage of “optimizing by maximizing/minimizing versus doing the right thing”.
Losses are more than numbers on a spreadsheet.
Photographs by Chris Arnade
The Role of Religion in Belonging.
Some of Back Row America finds solace in drugs and many find it in religion.
As the author notes: “In religion they found someone that treated them as humans and even though they were judged for their past decisions they were accepted. You are welcome as long as you try.”
“The cold, secular world of the well intentioned is a distant and judgmental thing. That world has given them seemingly nothing but pain. Faith is a reality and source of hope. Science does not do much.”
Photographs by Chris Arnade
A World Apart.
At the end Chris Arande reminds Front Row America “that we have removed ourselves physically and in spirit from much of the country and when we look back, we do it through papers and books filled with data.”
He goes on to note that “we have implemented policies that focus narrowly on one value of meaning which is the material. We emphasize GDP and efficiency, those things that we can measure, leaving behind those that are harder to quantify-like community, happiness, friendship, pride, and integration.
And if economics and material goods are the primary form of valuation then education is the way out implying that those who do not make it are dumb, lazy, and stupid.” And education is harder to get , more expensive and the elite schools a luxury good that resemble “Hermes” bags.
He warns that “this has ensured that all those at the bottom, educationally and economically-black, white, gay, straight, men and women feel excluded, rejected and most of all humiliated”
We have denied many their dignity, leaving a vacuum easily filled by drugs, anger, and resentment.
Photographs by Chris Arnade
The Way Ahead.
The book does not believe the challenges can be solved by Government nor does it lay out any specific policies.
The author asks instead that everyone open their eyes and hearts and look around.
Seek to connect and understand different perspectives and people and be aware of what we may not see.
He ends by noting “We need everyone-those in the back row and those in the front row-to listen to one another and try to understand one another and understand what they value and be less judgmental”
Reading this book and looking at the pictures is one way to begin this journey.
[image error]January 16, 2022
The Perils of Wrong Questions
Illustration by Dawid Planeta
We have all heard how asking the right question is a key part of getting to the right answer.
But what if the real problem is that many of us are running our companies, teams, and careers by spending our time solving for the wrong questions?
Illustration by Dawid Planeta
How do we get people back in the office?The fastest growing group on Reddit is “Anti-Work” which has grown ten-fold in the past year to 1.6 million “idlers”.
Half of the respondents say they still have full-time jobs.
Anti-Work is filled with stories that workers say prove that their bosses do not care about them like:
“Just a friendly reminder unfortunately we are all disposable and can get replaced in an instant”
“Even if you try your best and slave away hours it won’t pay off.”
“Boss makes a dollar; I make a dime. That’s why I f**k around on company time baby,”
But its most celebrated posts are screenshots of resignation letters and text messages. They proved so popular that moderators restricted their publication to Sundays.
“Idlers”, as members of the antiwork movement call themselves, largely believe that people should strive to work as little as possible and preferably for themselves.
“We maybe consider that there might be an alternative to living our lives in thrall to the wealthiest among us, serving their profit,” said historian Benjamin Hunnicutt, a University of Iowa professor whose books on the history of work are featured in r/antiwork’s library. “Maybe there are other things to do with our lives than piling up profits for those that are ultra-rich, and taking that time, reclaiming that time.”
While Anti-Work might be an extreme example, the “Great Resignation” among other things signal that we should not be asking “How do we get people back to the office?” but “How do we attract and retain talent by ensuring work regardless of where it is done enables growth, purpose and meaning?”
Illustration by Dawid Planeta
How do we benchmark against our competitors?The greatest opportunities and threats to any company often come from outside its category and industry definition.
As Ford and GM and Toyota and BMW were benchmarking and gazing at each other’s belly buttons, true value and innovation and market capitalization were being created by Uber and Tesla.
Nokia and RIM/Blackberry and Sony who dominated mobile phones could not imagine a crazy computer company coming from outside their eco-system with a device that did not even have a physical keyboard.
Yes, indeed the iPhone was ridiculous when evaluated against existing benchmarks and definitions.
But we keep benchmarking against our existing competitors and by categories defined either by habit or industry and financial analysts.
In a time of great innovation and change being less pathetic or slightly better than other pathetic firms will not make us great.
Maybe we should be asking how we can create accessible solutions and experiences which people value and we can deliver with some combination of our current roots (existing assets and distribution/brands) and wings (new assets and innovation).
If the future does not fit in the containers of the past, why do we insist on looking at it with the mindsets of the past?
Illustration by Dawid Planeta
How do we satisfy our customer?There is a problem with customer obsession in that we tend to see and frame people through the lens of our products and services and our brands.
Most people do not define themselves by their brands and smart companies like Procter and Gamble among other do not see the world only through the eyes of customers or their brands.
Because if they focussed on looking at the world only through the lens of their brands the only thing P&G would understand would be people’s dirt/smell removal habits.
Because P&G is basically a dirt/smell removal company if it defined itself only through use of its brands.
It removes dirt and smells from your butt (Charmin), your kids butt (Pampers), your teeth (Crest), your clothes (Tide), your body (Secret), your fabrics (Febreze).
Procter and Gamble is admired not just because of its amazing marketing and research but because it thinks about people and not just customers and consumers.
The question really is not how do we satisfy customers but how “How do we delight people?”
By focusing on people, it allows us to see things early and not be limited to existing definitions of our category and may be good for our existing customers better than just meeting their needs.
A story on why not obsessing on your existing customer and client needs may make sense.
In my previous career I got many things right and saw many things early like digital etc. but was slightly late at seeing the importance of something that was going to be huge.
Search engine marketing.
Why? Maybe because I was not paying attention and failed to see beyond my elbows when trying to look ahead.
But in hindsight, I console myself and explain my lack of acumen to being too Client focused.
Search Engine Marketing initially was great for people who were either not advertising or were very small advertisers using classifieds or local papers. In addition, there was no real price breaks or placement advantages for spending like in television or magazines.
None of my clients or their competitors were asking for Search and even if they did, they neither had the leverage of spending or knowledge to gain a competitive advantage.
So unlike broadband video, social, gaming, mobile and much more where we moved early here we were initially a step behind.
Oops.
The good news is that we figured out what was going on and we quickly made a big acquisition (Performics from Google when they bought DoubleClick.)
Learning: Clients and customers matter since they pay the bills but focus on behavior and needs of the people they serve and not just them.
Illustration by Dawid Planeta
How to minimize the chance of asking the wrong question.Here are three ways you and your firm may minimize the risk of asking the wrong question.
1. Look at the question you are trying to ask and turn it around and see if it makes more sense.
Here is an example: Should you focus on how to get the cheapest arrows, or should you be asking how you can get the best archers?
Paying more for quality is always cheaper in the long run since it/they tend to work faster, think better, last longer and signal to your organization that you understand that buying cheap pigs maybe buying diseased pigs and could lead to poisoned hot dogs.
2. Run a fear free organization where people can voice their opinions and challenge the status quo.
Time and time again we find that the idea for the next big thing was born in the last big thing, but the management of the last big thing squashed the idea since it did not fit in the business model.
Or we find that the problem was clear for all to see but was looked away from since it would mean the person who called it out might lose their job.
The brown moist thing in the middle of the table is not always a brownie it could be a turd.
Here is how you can help your organization call out the “turd on the table”…
3. Look from “there to here” and not from “here to there”.
The questions you would ask would be different if you asked yourself what you would do if you started with a blank sheet of paper.
The only constraints companies cannot truly change are the laws of the country, laws of science and the need to break even at a particular point in time.
Everything else should be flexible.
When one starts with where one is versus where one wants to be, there are many constraints and rules that no start up or new competitor from outside the category would be limited by.
January 9, 2022
The Age of the Seasoned.
While society, politicians, and businesses of every kind (particularly marketing) are focused on what comes Next, on the New, On the Young, and On the Emerging, the biggest shift and impact on us all may not be what will come but those who have come before!
Yes, Millennial and Gen Z are critical because their habits and behaviors and expected longevity, but we may be entering “The Age of the Seasoned”!
There will be more seasoned people with 25% of the Europe and US population being over 65 by 2050.
They will control 70 to 75 percent of the wealth.
Companies will be desperate for workers with experience as workforces shrink.
The fight against Sexism and Racism may in time extend to Ageism.
Flexible work and new technology behaviors due to Covid will create massive new flexibility and opportunity for the seasoned.
By 2050, one in four persons living in Europe and Northern America could be aged 65 or over.According to data from World Population Prospects: the 2019 Revision, by 2050, one in six people in the world will be over age 65 (16%), up from one in 11 in 2019 (9%). By 2050, one in four persons living in Europe and Northern America could be aged 65 or over. In 2018, for the first time in history, persons aged 65 or above outnumbered children under five years of age globally. The number of persons aged 80 years or over is projected to triple, from 143 million in 2019 to 426 million in 2050.
Older people tend to be more active politically and vote more often so they will have significant heft in democracies.
People over 55 now control nearly 3 of every 4 dollars and the share is growing.Though the generational picture is stark, the difference in U.S. household wealth by age makes the picture of shifting wealth even clearer.
Until 2001, the shares of household wealth held by different age groups were relatively stable. People aged 40-54 and 55-69 held around 35% each of household wealth, retirees aged 70+ hovered around 20%, and younger people aged under 40 held around 10%.
Since that time, however, the shift in wealth to older generations is clear. The 70+ age group has seen their share of wealth increase to 26%, while the share held by ages 55-69 has grown from 35% to almost half.
But not all ages are seeing an increasing slice of wealth. The 40-54 age group saw its share drop sharply from 36% to 22% between 2001 and 2016 before starting to recover towards the end of the decade, while the youngest cohort now hover around just 5%.
Clearly within the older generations there is wide disparity in wealth with tens of millions not having enough to retire and others with enormous fortunes, but as a cohort the Seasoned is where the money is.
As populations begin to shrink and assuming anti-immigration fervor does not dissipate businesses will increasingly have to rely on older employees.Population in most Western countries is shrinking fast and the recent Census revealed that the US population growth this past decade
The United Nations has said the number of people in the EU bloc will drop to 365 million by 2100, down from 446 million today.
But a new study, published in the medical journal The Lancet, predicts it will fall more sharply, to 308 million by the end of the century.
The year 2021 is the first time since 1937 that the U.S. population grew by fewer than one million people, featuring the lowest numeric growth since at least 1900, when the Census Bureau began annual population estimates.
Both for financial reasons of countries delaying pensions due to financial constraints and the desperate need for workers there is going to be a massive aging of the workforce.
Increasing Sensitivity and Awareness of the Other “Ism”: AgeismRecently a research report titled “Workplace Equality for All! (Unless They’re Old)” conducted by professors at Stanford and New York University revealed that while there was less and less tolerance for any form of racism or sexism, ageism was still relatively widespread.
Their research revealed that more people tended to endorse this idea that there should be equality for everyone and striving to reduce prejudice toward traditionally discriminated groups, there was this surprising correlation. Those who were more egalitarian — who were striving to reduce prejudice toward traditionally discriminated groups — were less likely to endure racist views and less likely to endorse sexist views but weirdly, they were more likely to support ageist views, endorsing this idea of succession; that older adult should step aside and make way for younger generations
However, it is very likely that the advances against racism and sexism will likely also help against ageism because the concept of “fit” which might have held back women and people of color can also no longer be used to discriminate against older people. As the authors note:
“Think of how many hiring decisions, firing decisions, promotions, raises and opportunities are allocated based on so-called 'fit.' Man, the word 'fit' is so loaded when it comes to age, right? It's a code word.”
As a result, more and more companies are facing and losing age discrimination cases.
How Covid changed mindsets in ways that may benefit the Seasoned.Millions of Americans have disappeared from the workforce, and many of those who have left are older. Their exit has many causes from positive ones such as appreciation of assets that allow them to leave to negative ones which are greater susceptibility to illness or in ability to get back easily to a job. This has left business scrambling for talent and more willing to increase pay, provide greater flexibility and better hours.
The two biggest shifts due to Covid which will benefit the more seasoned is that fact of distributed work (“remote” is not correct since being out of the office does not mean you are isolated and do not meet with people in other places) and how quickly older people began to leverage and adapt to technology putting a nail in the “they fear technology” nonsense.
Distributed work allows companies to buy a part of a seasoned person’s time making them affordable while giving them flexibility to go from full time to part time work and no longer a forced choice of work or no work. Technology especially with Web 3.0 will continue to enable and extend capabilities without knowing to code or be physically in great shape.
Finally, this supposed hunger for mentoring, guidance and learning the ropes that people are missing comes from whom? The Seasoned! And it can be done in person outside the office or even on Zoom!
Implications to Ponder.Will generational divides be another axis of polarization?
Will the disparate wealth between the Seasoned and Gen X/Millennials be another driver of polarization or will the transfer of wealth via inheritance (though likely to increase inequality) ameliorate these possible fissures? The implications regarding the future of taxes, medical care, and social benefits are likely to be significant. Already young people are far more likely to be socialist as they wonder if they will ever do as well as the older generations with many ladders of advancement and wealth creation in short supply.
Is your firm getting ready for the Age of the Seasoned?
Every company should not just ask how they are getting ready for not just for the next frontiers of technology but the Tsunami of the Seasoned.
From introducing or adapting products to designing services it will be key to keep this key constituency in mind. HR and Talent management needs to ensure your workplace can take advantage and leverage their talent.
Are you planning your career keeping in mind the Age of the Seasoned?
Careers are likely to last five decades. In 12 Career Lessons a key learning is to think in long cycles and keep in mind that the reason the grass appears greener on the other side is that is often fertilized by bullshit.
As firms increasingly leverage distributed and unbundled work to find new ways to architect teams most people are going to work across generations and not just across time zones. What emotional and intellectual skills, what expertise and craft will you need to hone and grow and how will you re-invent yourself over your seasons in an increasingly plug and play world?
Photographs by Rishad Tobaccowala
January 2, 2022
Six Ways to Be and Feel Better
It is 2022 and all of us are coming off two challenging years.
We all hope and wish for better times and make new resolutions to improve and grow ourselves.
Here are six ways (none of them requiring a gym membership, going on diet or giving up anything_ that any person of any age anywhere in the world can do whenever they wish to now or in the future !
1. Accept the 3Ls of loss, love and learning.When you live your life are there some underlying beliefs and truths that drive you or you measure yourself against? If we are to grow, where are we trying to go?
I have long believed that if there is a competition it is not with other people but to get better every day and to get closer to what you believe or your ideals.
Your success is not housed in other people’s minds (what they think of you) but in their hearts (what they feel about you) and in your mind (what you think of yourself).
In many ways Life is about Loss, Love and Learning (the 3 L’s)
Loss is central to the human experience in three ways. The first is we often lose in our attempts to succeed. We lose pitches, Clients, jobs, and opportunities. Many times, we win. Some people win little, and others win a lot. But we all lose. But these losses are not the big ones. The second bigger losses are the losses we will face of loved ones and friends either because relationships end, or death comes, and our final loss is that of our lives.
How we live amidst this loss defines a large part of life.
The joy we make is because time is precious, and this moment of victory may not last forever. Given that loss is part of human existence it pays to be kind and to think about how to help those in loss for do not ask for whom the bell tolls since it tolls for you.
A big part of what makes life worth living despite the guarantee of loss is the hope of love and joy of learning. Love of people, of work, of art, of culture. Love may not compute but computers do not love. There is a great deal of progress made over generations on who one can love, the ability to do things one loves and because of modern technology to be exposed to new worlds, horizons, and things to love.
And learning is particularly joyous. Learning in its first form is building knowledge. With great knowledge and practice we build skills and craftsmanship. Learning to see things from other perspectives gives us understanding. Sometimes if we are lucky, we can graduate from knowledge, skills and understanding to wisdom.
2. Be Open.Today, like never, there is a pull towards being closed.
Our online media diets tend to be polarized as streams of algorithmic feeds optimized to engage, addict and make us feel good about ourselves may leave us believing that the stink of some of our more flatulent thoughts have the aroma of Chanel No.5
Many politicians want to build walls, exit multi-state treaties and organizations, demonize the other, look away from reality, facts, and truth.
Nationalism rises despite all the big challenges and opportunities are global in nature.
Let us start with the letter C.
Covid-19 is global. Climate Change is global. China’s impact is global.
Two new books (one looking back and one imagining forward) build the case for openness.
The Economist which reviewed Johan Norberg’s book says…
“Open” is clear, colorful, and convincing, marshaling evidence from a range of eras and civilizations. The Roman Empire ceased to prosper when it ceased to be open. Christianity became the established religion and sought to crush all others. “This new intolerance…led to vicious conflicts…between Christians and pagans, who saw their old gods being banned and their temples torn down.” Persecuted pagans joined Rome’s enemies, even welcoming barbarian invaders as liberators.
Human history, in Mr. Norberg’s telling, is a cacophony of drawbridges being lowered and then raised. Mathematics and medicine flourished under the cosmopolitan Abbasid caliphate but froze when religious conservatives won control. By driving out Jews, Muslims, and heretics, he argues, the Inquisition helped impoverish Spain (between 1500 and 1750 the Spanish economy actually shrank).
Matthew Yglesias imagines forward and builds the case that if the United States wishes to be a dominant power in the future when facing a billion strong China (about to become the world’s largest economy in five years) or a fast growing billion person India it should be far more open to immigrants and even with 600 million new people, we will be less dense than France or Germany are today.
As someone who grew up in India and has been to 22 cities in China I am not sure why their rise should be an issue because the world is not a zero sum game except for the small minded. Up to 200 years ago these were the world’s largest and most powerful economies but a combination of colonization, strange politics and most importantly a failure to innovate and keep up with Science and Technology set them back. But, if the US is to remain as amazing as it has been it needs to remember its roots are in immigrants, a love of science and technology and freedom of thought and innovation all connecting with each other and the world.
Be Open. To other ideas. To other perspectives. To other people. To other cultures.
3. Mind the gap.Some time ago I attended an online talk from London by Alain de Botton of The School of Life. He talked about his new book “An Emotional Education”, noting that while many people teach skills and expertise very few people focus on how to live an emotional life. He decried much US self-help books that believe in the achieving perfection and having it all.
Today in the Instagram age so many of us try to be pixel perfect. But life is not pixel perfect.
In fact, most of life is “minding the gap”. The gap between who we are and what we want to be. The gap in communication between any two people. The gap between what we say/project externally and what we believe/live with internally.
The most contented people tend to be those who have narrowed this gap or being aware of it find ways to accept that life is incomplete, imperfect, often incomprehensible. They are authentic, trustworthy, happy within themselves not needing constant external validation and have strong relationships and connections with people. They are vulnerable, empathetic, and constantly growing (often making mistakes as they do).
There are others who project power, fame, and wealth but you begin to see that often many have the warmth of a toilet seat, all the external validation they have or seek does not fill the chasm of emptiness that echoes with hollowness and this truth burns and eats their inside even as they smile and blow kisses on the outside.
So, what to do?
George Saunders the Author said “Err in the direction of kindness”
Today in the world we have much rage.
So, best be kind.
Kind to others and to yourself.
This is one way in helping mind the gap.
4. Compound Improvement.The single most powerful concept in Finance is that of compounding.
Compounding interest and compounding returns can over time create wealth or lead one to bankruptcy depending on whether you owe or own capital.
If you start with 12,000 dollars and add 1,000 dollars a month every month for 30 years and it grows at 10 percent, you have just under 2.5 million dollars. The key is you set aside a small sum every month for a long time.
In a world of change we all may want to consider another way compounding can help us grow in changing times and drive mental, emotional, and even financial wealth which is compounding improvement.
If a company can only change and transform if its people change and transform, we should each invest in upgrading our own mental and emotional operating systems.
There is so much we cannot control in a world driven by global, demographic, social and technological change but instead of being buffeted about helplessly in a sea of chaos maybe we can try to control and build our ourselves to be better.
Three ways on how you might start this very minute begin to embrace Compounding Improvement
a) Discipline equals Freedom: This is the title of a book by Jocko Willink, a Navy Seal. Basically, if you want to get a grip on the world get a grip on yourself.
b) Invest an hour every day in learning: The world is changing so fast that many of your skills and expertise and mindsets need continuous upgrading. While many of us set aside time to exercise to maintain our physical operating system we need to also feed and exercise our minds. The power of this habit is that at the end of a year you will have spent 365 hours learning new things by just doing one hour a day. You will gain compound returns to thought!
c) Deliberate Practice: Professor Anders Ericcson who passed away last year wrote a book called “Peak” which is the best study of deliberate practice. Deliberate practice involves three components 1)immediate feedback, 2)clear goals and 3)focus on technique. According to his research, the lack of deliberate practice explained why so many people reach only basic proficiency at something, whether it be a sport, pastime, or profession, without ever attaining elite status.
5. Improvise like Jazz.We are living in a jazz age and not a classical one.
In classical music —particularly orchestral music—there is a conductor that musicians follow, sheet music one sticks too and a hushed auditorium one sits in.
Jazz on the other hand is a mix of classical, swing, blues and much more but at its heart it’s about improvisation. It is about playing off each other. There is no conductor. Rare is there a hushed auditorium but more likely a noisy club or the anguish of a lonely saxophone in a subway station.
Today we are living in a diverse, global, and connected world where we have to work together, we have to fuse our different cultures and beliefs and constantly adapt and improvise
[image error] 6. Read Poetry.I have over 80 books or shelf and a half of Poetry books at home each of which I have significant parts over the past decades.
Why?
Here are how some Poets have explained the importance of poetry (I have picked different lines from different poets) …
Perhaps you have been banged about by recent events. It can help to say words, walking helps. Poems help.
The meaning of poetry is to give courage.
Poems restore to us what is deepest in ourselves. It consoles us.
Greatest poetry is written at the borders of what can be said. It makes a strong effort at expressing the unsayable.
Poems are perfect words in perfect order.
They help us see and feel as these lines which I have extracted from different poems by James Wright’s book “The Branch will not Break” which all describe dusk in a Midwest prairie farm. Each line is filled with a new way of seeing and whenever I am driving in the evenings outside of Chicago, I sense things differently because of these lines. The sensing and seeing also helps me in my writing, my photography and in paying attention…
Noticing matters.
Silos creep away toward the West
The cow bells follow one another into the distances of the afternoon
The sun floats down, a small golden lemon dissolves in the water
The moon suddenly stands up in the darkness
The moon drops one or two feathers into the field. The dark wheat listens.
And poems remind us of the passing of time…
Time is an echo of an axe within a wood
The sunlight in the garden hardens and grows cold, we cannot cage the minute within its net of Gold
But one day I know it will be otherwise…
December 26, 2021
Story. Place. Loss.
Photography by Team Hocking
Earlier this week, Joan Didion passed away at the age of 87.
She was an accomplished screen writer, novelist, journalist, and essayist who sculpted sentences that combined precise words infused with feeling.
Three themes that echoed through her work were that of story, place, and loss.
As we end 2021 Joan Didion’s writings can help us understand the time and place we are in, understand the story of our lives and find ways to adjust to ways of living that seem to be lost to the passing of time.
The the only thing predictable in the future is going to be the constant unpredictability in a world of rapid technological change, a million battling narratives, demographic shifts, the elastic nature of what work and careers might be and the vast internal and external migrations taking place around the world.
Joan Didion was prescient in noting that we may find succor in story, place and dealing with loss.
Photography by Team Hocking
The importance of narrative.Joan Didion’s most famous sentence might be “we tell ourselves stories in order to live”
In many ways each of us is a compilation of stories who intersect with other people who are compilations of stories and when we meet it often like splicing two separate films into new stories about us versus just a story of you and me.
Today amidst a timeline of stories, algorithmic stories, curated stories, and embellished to pixel perfection stories, we hunger for stories real, relevant and resonating that help us make sense of our lives and the world around us.
And while our internal story telling brings order and narrative and helps us make sense of our disconnected moments and find ways to resurrect and re-invent ourselves, we can also lose our bearing and sense of reality with some stories.
The critic Michiko Kakutani noted “one of the recurrent themes in all Didion’s books, both fiction and nonfiction, is Americans’ penchant for reinventing themselves, their belief in fresh starts and second acts — a faith, on the one hand, that helped settle this country and fueled the American dream, and yet, on the other, has resulted in rootlessness and anomie, the discarding of personal and public history. Narratives, Didion suggests, can provide order, but that order can also be an illusion — or, worse, in the case of political spin masters, a disingenuous connecting of the dots meant to sell false gods and shoddy goods.
Stories are neither good nor bad but what they teach us and how we incorporate them into our lives makes them so.
Photography by Team Hocking
The influence of place.Confucius said “No matter where you go, there you are”
But even if we take our old selves to new places, we believe that a change of scene can mean a potential change of self.
Place defines most people. We are defined by where we were born, brought up and where we live.
Some people cannot wait to leave where they are while others pine to return from where they came. Others move from place to place in quest of fame, fortune, family and more.
If life is a journey through time and space in search of meaning, place plays a key role.
We often leave a place to go somewhere else to re-invent ourselves and begin with a fresh sheet of paper
Joan Didion was forged in California which has always lingered in the imagination as where one goes to do become something else.
To play a new role.
Of California, Joan Didion wrote “We believed in fresh starts. We believed in good luck. We believed in the miner who scratched together one last stake and struck the Comstock Lode.”
And all of us may have our internal or external California.
But in the end, she believed it was not continuously leaving but staying and putting down roots that mattered.
It is as much as what we bring to a place and make of it as it makes of us.
“A place belongs forever to whoever claims it hardest, remembers it most obsessively, wrenches it from itself, shapes it, renders it, loves it so radically that he remakes it in his own “
And true contentment comes down when one finds a place put down roots, to stay and to fix whatever goes wrong.
“You have to pick the places you don’t walk away from.”
It does only courage to leave a place but courage to stay.
Photography by Team Hocking
The reality of loss.If there are three realities to life they are learning, love and loss. Not everybody succeeds at learning or love, but everybody gets a graduate degree in loss and a doctorate when people very close die.
Joan Didion wrote two books on the loss of her husband “The Year of Magical Thinking” and her daughter “Blue Nights” which are read by many dealing with loss.
She wrote of the fragility of life noting that her husband died while eating dinner: “Life changes fast. Life changes in the instant. You sit down to dinner and life as you know it ends” and the loneliness afterwards :“A single person is missing for you, and the whole world is empty.”
And as time moves forward and people, places and hopes come and go people are shaped by what is no more.
“We are imperfect mortal beings, aware of that mortality even as we push it away, failed by our very complication, so wired that when we mourn our losses we also mourn, for better or for worse, ourselves. As we were. As we are no longer. As we will one day not be at all”
But in the end Didion notes we go on by forging new stories and finding new places and begin forgetting.
“We forget all too soon the things we thought we could never forget. We forget the loves and the betrayals alike, forget what we whispered and what we screamed, forget who we were.”
But one must forge ahead…
“Do not whine...Do not complain. Work harder. Spend more time alone.”
And to college graduates a few years ago she made the case for living deeply…
“I’m not telling you to make the world better, because I don’t think that progress is necessarily part of the package. I’m just telling you to live in it. Not just to endure it, not just to suffer it, not just to pass through it, but to live in it. To look at it. To try to get the picture. To live recklessly. To take chances. To make your own work and take pride in it. To seize the moment. And if you ask me why you should bother to do that, I could tell you that the grave’s a fine and private place, but none I think do there embrace. Nor do they sing there, or write, or argue, or see the tidal bore on the Amazon, or touch their children. And that’s what there is to do and get it while you can and good luck at it.”


