The ease with which my younger daughter transitions into new environment, new roles and new responsibilities is commendable.
I have seen her spending more time with tasks she is not comfortable or at par with others. She may have defined some target. I am not aware of the same.
I personally avoid tasks that I am not good at, justifying the same as ‘priortizing’ on what I am good at or rationalizing under pretext of limited time and resources.
I will be attempting to observe her more keenly and try mastering some of her traits for rest of my life.
I wholly understand the desperation and criticality of a start-up to not end-up being reckoned amongst those who hire and then fire. As a potential employee I need to appreciate the ‘risk’ and hence the inherent ‘expectation’ that an entrepreneurs builds around his hiring decision. He is well aware of the fact that an individual’s contribution may not be more than 10% in total scheme of things yet he bets on falling into the trap to hire – hire in hope of being party to the ‘luck’ that may come with a potential recruit who has been ‘lucky’ in his past employment. Even if it’s all random, it’s more about cracking the code.
So all start-ups some wisdom on your business (of course only if it’s funded by the PEs):
a. They are to ‘milk’ your idea. Remember not to fall into trap of higher growth just because more money is available on table.
b. “Equity” is precious. Never offer it instantly to any new hire. It reflects that you value your own ‘idea’ (since it’s still not a sustainable business) far lower than the ‘pitch’ used to reach the target audience.
c. Remember the fact that ‘randomness’ is a fact and luck will play a significant role. If that’s what is accepted, choose to grow at a pace that is sustainable. After all firms gain ‘competitive advantage’ as function of time more than anything else.
So when out to hire, some caveats:
1. Try not to be an optimizer
2. Be careful on bias the causality may bring when reviewing the profiles and
3 Remember the inverse rule – no super heroes exist and if they do it’s only random
If you find me interesting, I will ATTEMPT to be rewarding as well 🙂
Photography is NOT synonymous to snapshooting (random clicks without a defined thought). ‘Management’ is as ‘generic’ a skill as clicking using a camera. But then the difference emerges when some key traits are exhibited in the effort.
A goal achieved or a perfect photo clicked, motivates and pushes us to review it in detail and then try repeating it.
I have been into photography and have been trying to review what is in it for me to learn. Some of those learnings are listed below for benefit of all:
1. Knowing center of interest- When setting out, a photographer is able to find its center of interest – what is it?; why is it so? In management this is defining objective and setting goal(s). Its not being futuristic. Its well within the scope of execution. It means finding relevant frame or pattern (photography) and objective (management) amidst chaos (photography) and piles of information (management).
2. Composition- Its about what to include? Its also about what to eliminate? A good composition gives balance to the picture but shows relation of subject to objects. When in management learning to priortize and selecting a team that works harmoniously for the goal.
3. Trends, patterns, lines, shapes- All these help framing and adding meaning to a picture. In management its about having diversity but which exhibits cohesiveness and a purpose. For instance good photographers avoid mixing circles with squares in their pictures. They actually add to chaos and weaken the composition.
4. Timing- I learnt about ‘relaxed attentiveness’ in photography. You are not getting into details but still paying attention to all details. This helps a photographer to pre-empt a moment and hence master the timing. If its not, the same event rarely repeats.
In management we need to know that there is randomness despite all efforts, there are events that are beyond our control. Timing is what makes the difference to achievement of a goal.
5. Chance- In photography every great click is by ‘Chance’. Despite all efforts and adherence to rules, its finally a probability. Similarly we should continue to strive and success is still a matter of chance.