Real conversations and #SocialMediaEnvy

meerkat-854590_1920I seem to have become a fan of those property shows.

You know the ones where they purchase a property in  a terrible state, yet a few thousand pounds later it’s transformed into a dream home.

Always amazing and, for the price, jaw dropping.

You are left feeling somewhat envious, but with a hint that maybe you could, or should, do something like that yourself.

The same is true in social media.  Timelines and message walls of friends on Facebook, or LinkedIn often seem equally amazing.

Perfect sunsets, inspiring conferences, tropical vacations or reading engaging articles, everyone is doing it.  Meanwhile you spend all of your time in meetings, staring at the rain coming down in sheets through the window overlooking the car park!

Of course we are all pleased for our family, friends and colleagues when they have success.  It is great they are leading fulfilling lives and indeed it can also be inspiring.

However, it is all too easy to take all this apparent success out of context and think… ‘why is it so easy for everyone else….I want a turn too’…. yes this is, #SocialMediaEnvy!

Of course, social media is not reality (nicely explained in a blog post by Deborah Fike), however it does seem we have all conditioned ourselves, at least publicly, to only present a positive upbeat image, these days.

This is true even in the hard nosed world of business.  For leaders, being positive and upbeat is an important characteristic people respect.  Within teams peers like positive and avoid negative energy.  We need to appear invincible.

As a result positives tend to be accentuated and negatives suppressed.  This is true in many areas from meetings to business cases.  We don’t want to hear ‘problems‘, we want to hear ‘solutions and progress‘.

Yet, if every business update is positive, we are surprised when things go off track.
If all we hear is good news it is easy to feel fed up, like we are missing out.

In the absence of this real honest discussion, where challenges are shared, how can our own view be framed in the correct context?… It is extremely difficult.

However as leaders in business, and life, we do have a role to be authentic, listen and have real conversations.  Being able to have this balanced view of life helps.

Now I am not saying that we all need to start posting stories of disastrous dinners, financial challenges or bad hair days…. this is too much.

However saying something as simple as ‘yes, I have had that problem too’, not only helps the other person feel better about themselves, but also builds trust and makes you aware of a bubbling issue….

It may make you feel vulnerable yes, but with trust and an open dialogue the chances of building a supportive team, fixing issues and driving those positive outcomes dramatically increase.

So when you next find yourself engrossed in these daily updates of modern life remember; ‘Reality’ shows are also entertainment, Social media is not necessarily reality and having a good authentic conversation is still one of the most powerful tools we have to find out what is really going on.

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Driving fear? Lessons for us all.

Every week its seems there is another ‘corporate scandal’ in the media.  Outrage is expressed, and the twitterati react.  This week alone there have been three stories already.

Volkswagen:
Issue:  Misleading the emissions testing program
Impact:  Potential fine upto $18bn, share price reduction

General Motors:
Issue:  Installing faulty ignition switch
Impact:  $1.5b in fines and compensation

Turing Pharmaceutical:
Issue:  Raising price for patented drug 55x from $13.50 to $750 per pill
Impact:  Bad publicity

Certainly the consequences for Volkswagen have been swift and severe, both in terms of brand impact and share price, but plenty of opinion has been written about all three.

Our confidence in household names, ones we thought we trusted, is being shaken.  We ask ouselves, “surely people knew”, “how could such a thing be allowed to happen?

There is no doubt, this type of corporate behaviour is not acceptable, and I am sure most people would agree.  However leaving the specifics of the issues aside, we ask ourselves how is it that such issues or disagreements are allowed to be hidden for so long?  Maybe widely known across a company, why are they not reported or addressed early when they can be fixed?

For answers we need to reflect on our own human psychology.  What are the options for employees?

  1. Report and resign – Walk away with your integrity intact, you’re on high ground if it becomes an issue, but you have no job.
  2. Report and stay – Difficult conversations, investigations will take place. It’s more work and may risk that future promotion.
  3. Do nothing – Not really your accountability anyway, it’s for someone else to worry about. Keep your job and let it be.

Most people cannot afford to take route #1 or #2.  After all, it is a difficult, scary choice to be a lone voice or leave.  So option #3 is easy; an immediate path of least resistance.

To counteract this and ‘help’ people make the right choice, our immediate reaction is to bring out the stick:  Fear.  Fear of regulation, fear of censure in the media and fear of the associated consequences… “We need more regulation and tougher punishments, this is outrageous!”.

Regulation and regulators of course play a very important role in situations such as the ones in the news this week.  They are the counterweight to prevent this type behaviour.

This message of course is heard loud and clear inside organisations and there is commonly much talk of accountability, transparency, whistle blowing hotlines and leadership ethics.

However as the pressure mounts, so does the fear if something is found to be wrong.  That fear can quickly permeate an organisation, quickly creating a blame culture and actually re-enforcing choice #3: Do nothing (“why should I say/do/own something, I will be blamed”).  It can be counter productive.

So, before loading more fear into the system, let’s take a step back.   Is there a different approach? One that is more constructive?  For example:

  • How can companies and individuals be celebrated for finding mistakes or raising issues, rather than being blamed?
  • How can we set up common goals between regulators, consumers and employees so that issues are raised and resolved before damage is caused?
  • If someone does take advantage, how quickly can this be identified, isolated and addressed?
  • If you are a leader or employee in an organisation, how can you promote a constructive solution-driven environment?

For many this may be a change of perspective.  However as leaders, if we do nothing we will continue on this escalating spiral, increasing stress on companies, employees and having negative impacts on customers.  In a small way it can start with each of us.

So as we hear these stories develop, think about your employees.  Think about your organisation, and which path would you take?  Would you be able to look back and say you have done the right thing?  Is the culture you work in transparent?  If not what can you do today to help make a positive change to that culture?

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Data, data, everywhere and just no time to think

You know the refrain; ‘what does the data tell us on this’, ‘if only we had the data, we would be able to understand what’s going on here’ or my personal favourite ‘stop sending me spreadsheets, my inbox is full!’.

The use of data for decision making is not necessarily a new idea, it has really been a fundamental engine of growth since the industrial revolution.  Computers, networks and connected devices have simply accelerated the trend.  Data is everywhere, we are addicted to it: our reporting suites, spreadsheets, databases.  There is even some discussion about an on coming data storage crisis (although there are some interesting avenues of research).

Wherever you sit in a business, everyone is now being asked to analyse data to improve performance.   Be it product sales, website clicks, operational volumes or even your own performance metrics.  Reviewing data has quickly become a fundamental skill to succeed in the modern economy.

However, there is an issue…potentially a big issue.

Whilst data volumes are increasing, the hours in the day are not (really)!  Data overload is common, and when overwhelming, it becomes an obstacle to effective decision making.

Fortunately, the world of engineering and science can help for guidance. After all, they have a long history of dealing with complex data.

  1. Maximise use of existing data. All too often we are on a quest to get more.  More datapoints, more segmented data and more detail.  However before you embark on this expensive journey, have you maximised the conclusions you can draw from your existing data?  Take for example the recent Pluto flyby.  The space probe left 10 years ago, well before the invention of the iPad, there was no question of going back to update the instruments.  However, using updated techniques (for example image processing), new meaningful analysis can be gathered, enhancing our understanding of the solar system.  The same is true of a business process.
  2. The trend is your friend. ‘This is not the correct definition’, or ‘it doesn’t reconcile with the data over here’ are common frustrations and everyone has a view of what is ‘correct’.   They are both consequences of trying to take absolute measurements.  Focus on relative measures, systematic errors are removed and the conversation becomes much easier.  ‘What can we do to improve this measure by x%’
  3. Don’t waste time obtaining data accuracy levels you do not need. Being able to calculate pi to 2,000+ decimal places may be extremely interesting, and impressive, but not necessary in day to day life, even for flying to the moon. Understand how accurately you can measure something vs how accurately you need to measure something to make a decision.   It can really help and remember data is never perfect.
  4. In the absence of data, use hypotheses. Can existing data prove or disprove your hypothesis? Would this confirm your theory and is this to a level of confidence to take a decision?  This is common in the world of science, a theory is developed and existing data is reviewed, often to find that the data to confirm the thinking has been there all the time!
  5. If you do need new data, really understand the cost vs benefit. What is the cost of gathering data with greater accuracy/reporting in a new manner, vs the benefit in terms of improved decision making and business benefit over the lifetime of the expense.  In other words, do you really need to build the next CERN particle accelerator when that measurement could be completed with much simpler equipment.

Lastly a word of caution on infographics, commonly accepted thinking and easy conclusions.   Whilst they can be extremely useful, they are also very persuasive in leading you to a prescribed conclusion (or set of conclusions).  If you need speed, trust your provider and the decision is low impact, great.  If not and you are looking for new insight, testing at a deeper level is really worthwhile.

Now, don’t get me wrong, undoubtably there is joy in finding that actionable piece of insight in a sea of numbers.  For those who know me, yes I love it!  However it is worth taking a step back once in a while on our use of data to drive the business forward.

We all want to be in a data driven business, but this does not mean the data is driving the business, after all… you are.

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