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NEW SOLUTIONS! INNOVATIVE APPROACHES! EXCITING POSSIBILITIES!
It's exciting to invent or discover new ways of doing things, or to go to a meeting and leave motivated with someone's unique approach to business. But one of many hurdles that can challenge us is called the Planning Fallacy—we are generally quite inaccurate when it comes to predicting how long something is going to take to do and how hard it will be to accomplish. But this bias isn't all bad; many times we can get halfway through an undertaking and think to ourselves, If I had known it was going to be this hard, I wouldn't have started. The hope is that the thing we are doing is valuable, and that our optimism got us started on something that we may not have otherwise done. It's good to have this built-in optimism because it gets us going. But there is another element that is much more dangerous—the assumption that introducing the idea equates to implementing it. It happens to the best of us: we decide to make a change, and dedicate ourselves to that change. We probably stick to it for a while, but before long it's back to our old habits. When these things happen, we might feel discouraged. We spent the money on the new accounting system and we still haven't switched to it as our $1,000 treadmill sits in the basement with less than a mile on it. Today we're getting into the key elements of what makes some changes easy and others seemingly impossible—and as leaders how we can approach change differently.
FIVE PRINCIPLES FOR SUCCESS IN CHANGE
This is the real work of leadership. What we focus on grows—which means we can't focus on everything. We can't fall in love with every new shiny idea. It's having the discipline to say "No" to new ideas because you know the team doesn't have the capacity to add another change just yet.
Thanks for listening! Email me any questions or comments at [email protected]. See you next week! Episode #77: Ideas are easy. Change is hard
By Water Street SolutionsNEW SOLUTIONS! INNOVATIVE APPROACHES! EXCITING POSSIBILITIES!
It's exciting to invent or discover new ways of doing things, or to go to a meeting and leave motivated with someone's unique approach to business. But one of many hurdles that can challenge us is called the Planning Fallacy—we are generally quite inaccurate when it comes to predicting how long something is going to take to do and how hard it will be to accomplish. But this bias isn't all bad; many times we can get halfway through an undertaking and think to ourselves, If I had known it was going to be this hard, I wouldn't have started. The hope is that the thing we are doing is valuable, and that our optimism got us started on something that we may not have otherwise done. It's good to have this built-in optimism because it gets us going. But there is another element that is much more dangerous—the assumption that introducing the idea equates to implementing it. It happens to the best of us: we decide to make a change, and dedicate ourselves to that change. We probably stick to it for a while, but before long it's back to our old habits. When these things happen, we might feel discouraged. We spent the money on the new accounting system and we still haven't switched to it as our $1,000 treadmill sits in the basement with less than a mile on it. Today we're getting into the key elements of what makes some changes easy and others seemingly impossible—and as leaders how we can approach change differently.
FIVE PRINCIPLES FOR SUCCESS IN CHANGE
This is the real work of leadership. What we focus on grows—which means we can't focus on everything. We can't fall in love with every new shiny idea. It's having the discipline to say "No" to new ideas because you know the team doesn't have the capacity to add another change just yet.
Thanks for listening! Email me any questions or comments at [email protected]. See you next week! Episode #77: Ideas are easy. Change is hard