Wednesday, September 28, 2016

Love 'Em or Hate 'Em, Icebreakers Have Value!

Cari Room has written an article this week for New York magazine titled, "Icebreakers Are Terrible. They Also, Unfortunately, Work Really Well." She interviews former Rice University Anton Villado in the article. Villado argues that icebreakers accomplish three important things for a group: 
  1. They calm people's nerves about being in an unfamiliar or novel situation.
  2. They also provide an opportunity for the facilitator to model the behavior that people should expect throughout the session, and/or the behavior he or she would like to encourage. Team members also can model behavior, providing that all-important first impression about themselves. 
  3. Most importantly, they provide an opportunity for self-disclosure. People grow closer to one another when they share about themselves.   Research shows that self-disclosure proves more effective at building relationships than simple small talk.  
Penn State Professor Susan Mohammed explains in the article that icebreakers can begin to build psychological safety within a group. Room writes, 

And even when the bonds it creates are superficial and temporary, both Villado and Mohammed say that an icebreaker can help to foster a sense of “psychological safety,” or an atmosphere in which people feel free to speak up — to question, criticize, say something out-there — without fear of being ostracized. “Having people do weird and crazy stuff, or step out and do something wild — having people feel kind of uncomfortable, basically — would begin to help foster that,” Mohammed says. You may hate every second of it, but you’re not the only one undergoing humiliation. If everyone in the room has to tell their life story in a silly voice, or mime their favorite thing to do on weekends, at least you all look stupid together.

Mohammed stresses, however, that one should set the appropriate expectations for icebreakers. They can begin to build psychological safety, but much more work needs to be done to create a climate where people truly feel comfortable speaking up, asking questions, admitting mistakes, and expressing dissent. I agree wholeheartedly. Ultimately, psychological safety will be shaped by how people begin to engage with one another as they work to solve real problems. Moreover, if the team has a leader, that person will have a substantial impact on the climate of psychological safety. Icebreakers can be helpful, but you have to build upon that "risk-taking" atmosphere with concrete actions that make people comfortable speaking up on real issues.

Tuesday, September 27, 2016

Design Thinking Builds Strong Teams

The Nielsen Norman Group has a drafted a terrific blog post titled, "Design Thinking Builds Strong Teams."  They argue that design thinking accelerates the process of building common ground for a team, and thereby enhances team effectiveness.   Here is an excerpt:

Teams are the foundation of a successful workplace. But working in teams can have a fairly large cost: members must spend time building common ground — that is, a body of common knowledge, assumptions, vocabulary, and cultural practices. In strong teams, the common ground has already been established and the overhead of communication is outweighed by the benefits of collaboration. As a result, these teams are able to be not only efficient, but also produce high-quality, fruitful outputs.

How does design thinking create common ground?  They argue that it provides team members with a  shared vocabulary.  Second, the design thinking process produces what they call "tangible artifacts" that facilitate shared understanding and productive conversation - artifacts such as storyboards, wireframes, and prototypes.  Finally, design thinking creates trust within a team because it values everyone's contribution, minimizes the traditional emphasis on hierarchy and status, and encourages all to speak up and express dissenting views.  
  

Friday, September 23, 2016

WD-40: Building a Culture of Learning Maniacs

Bill Taylor has written a terrific article for Harvard Business Review about what he learned from studying WD-40 and its CEO, Garry Ridge.  Taylor explains that many managers at established firms struggle with the "paradox of expertise."  By that, he means that the more experienced and knowledgeable you are in a particular field or industry, the more challenging it can be to see emerging trends, opportunities, and developments in that domain.  You become trapped by conventional wisdom, well-established rules of thumb, and implicit assumptions.   How do you overcome the paradox of expertise?  Taylor argues that you must become an insatiable learner.  As an example, he turns to Ridge and the culture he has created at WD-40.   The company has a long track record of success with an iconic brand.  One could easily see how such a firm could become complacent.  Ridge knew that the paradox of expertise could become his organization's undoing.  He set out to create a powerful learning culture.  Taylor explains:

Indeed, Ridge is so serious about the commitment to learning that he insists everyone at the company takes the “WD-40 Maniac Pledge,” a solemn vow to become, in his words, a “learning maniac”:

I am responsible for taking action, asking questions, getting answers, and making decisions. I won’t wait for someone to tell me. If I need to know, I’m responsible for asking. I have no right to be offended that I didn’t “get this sooner.” If I’m doing something others should know about, I’m responsible for telling them.


Ridge even sends a subtle message to employees with each email that he writes. According to Taylor, his electronic signature contains a phrase often attributed to the great Italian artist and sculptor, Michelangelo: "Ancora imparo." In English, that means, "I am still learning." People used the phrase in the 16th century to describe how one could and should continue to learn in old age just as he or she did as a child.

Thursday, September 15, 2016

How to Network Effectively

We all know that having tons of LinkedIn connections does not make you an effective networker.  The quantity of connections does not serve as the primary driver of networking efficacy.  The nature of those connections matters.  Researchers have compared two types of networkers for years.  First, there are those that engage intensely in a closed network.  They connect with others who share similar knowledge, expertise, and experience.  In short, they stick to their silo.  They aim to deepen their expertise in a particular field.  Second, there are the brokers.  These people are good at bridging among pools of people with different expertise.  They help connect people in different closed networks.   Brokers are incredibly important.  

Who is the more effective networker - the person who builds connections with others to deepen their expertise in a particular area or the broker who bridges multiple silos?  Ronald S. Burt and Jennifer Merluzzi have discovered that "network oscillation" actually proves to be the most effective networking strategy.  They studied 350 investment bankers at one particular financial services firm, and they tracked them over four years.  Here's an excerpt from a University of Chicago story about their research:  

The short answer: the most-successful people take advantage of both systems—sometimes they broker, and other times they dive into closed networks. In fact, without this movement back and forth, their networks give them no advantage at all... Analyzing salary and bonus packages as well as year-end performance surveys proved revealing for Burt and Merluzzi. Bankers who were able to move between brokering and working in closed networks during the year reaped the greatest rewards. These individuals formed ties across the organization, gaining access to new projects and opportunities. But once they found an opportunity, they quit brokering and engaged deeply in their new project. When that project ended, they once again tapped into their broad network of contacts at the firm to find the next interesting project. Swinging between working intensely on a project and networking more widely did have a cost: these bankers sometimes saw their reputations suffer while they were on the bench. But the hit was temporary. And the compensation data show that these oscillating bankers made the most money over time.

Wednesday, September 14, 2016

Why People Leave Their Jobs

Bravetta Hassell of Chief Learning Officer magazine has a good article this month titled, "Employees Really Do Leave Managers.  Use L&D to Change That."  Here is an excerpt:

When it comes down to it, having free snacks in the employee break room, for example, isn’t as important as having a manager who appreciates his employees.  According to the report, “The Human Touch for Tech Talent: Employee Retention Could Be as Simple as ‘Thank You’,” employee responses to questions about what attracted them to a company and what kept them there say as much. The survey showed that 60 percent of employees said when analyzing a job offer, knowing whether staff feel appreciated by managers matters. Variables like how fast a person could move up in the company or how they’d be evaluated for raises were of lesser concern. Other highlights from the survey included:
  • 33 percent of respondents want to know their manager always has their back compared to 22 percent of people who valued having a clearly defined career path, and 17 percent of respondents who found it important to receive regular performance feedback.
  • 32 percent of respondents who looked back at ‘worst boss’ experiences said that person never gave credit where it was due.
  • 28 percent of respondents to the same questions said that person rarely gave verbal praise or support.
What can learning and development professionals do about these findings?   According to Hassell, they can rethink the types of capabilities that they focus on during professional development  programs and initiatives.  These findings suggest a renewed emphasis on how to delegate effectively, how to recognize employees for their work, how to celebrate team successes, and how to maintain an open and ongoing dialogue with subordinates.  

Friday, September 09, 2016

The Path to Becoming a CEO: The Long and Winding Road

The New York Times published the findings of a fascinating new study by LinkedIn regarding the path to becoming a CEO.   They examined 459,000 people who had worked as management consultants at one point in their career.  They tried to discern some patterns regarding how and why some people reached the position of CEO of a company during their careers.  Here is how Neil Irwin described the findings in his article in today's New York Times:

To get a job as a top executive, new evidence shows, it helps greatly to have experience in as many of a business’s functional areas as possible. A person who burrows down for years in, say, the finance department stands less of a chance of reaching a top executive job than a corporate finance specialist who has also spent time in, say, marketing. Or engineering. Or both of those, plus others. However, there is still such a thing as too much variety: Switching industries has a negative correlation with corporate success, which may speak to the importance of building relationships and experience within an industry. Switching between companies within an industry neither helps nor hurts in making it to a top job. These are some of the big findings in a new study of 459,000 onetime management consultants by the social network LinkedIn. Experience in one additional functional area improved a person’s odds of becoming a senior executive as much as three years of extra experience. And working in four different functions had nearly the same impact as getting an M.B.A. from a top­ five program.

The results do not surprise me.  You need to master a diverse range of skills to become an effective CEO.  You have to understand the different functions and disciplines within a firm.  Therefore, accumulating a range of experiences tends to be helpful if you wish to become a chief executive.  It also speaks to the importance of being a successful lifelong learner.  You can't just build upon the expertise you have.  You must take risks and venture into domains about which you are not an expert, and be willing to learn quickly.  

Thursday, September 08, 2016

Great Advice for Those with Creative Ideas

Matthew Jones has written a neat column for Fast Company titled, "5 Ways You Can Improve Your Organization (Without Sacrificing Creativity)." Most importantly, he recommends setting some priorities. He suggests that individuals, "Stop taking on more projects." Similarly, he writes, "Don't attach yourself to every great idea." In other words, know when to say no. You may have tons of creative ideas, but there are only so many that you can develop and implement at any given point in time. You may be asked to participate in lots of exciting projects, but you have to know your limits. Jones argues, "Most individuals will find that their creativity will plummet when trying to take on too many tasks at the same time."   I think it's terrific advice, because innovation ultimately is about more than creating a new concept or idea.  It's about creating AND implementing that new idea.  Taking on too many tasks at once reduces the probability that you will transition from creative thinker to effective innovator.  

Saturday, September 03, 2016

Advice for First-Year College Students

It's that time of year... here's a blog post from several years ago regarding advice for first-year college students.  


1. Pick your faculty, not just your courses. Ten years from now, it won't matter much if you took "18th Century French History" or "Cognitive Psychology" in your freshmen year, but you will remember the faculty member who made a huge difference in your life. Seek out the professors who care the most, who have a passion for teaching, and who are willing to spend time outside the classroom with students. Building those relationships early in your college career, and finding good mentors, can have a huge impact. 

2. Be smart about personal finance. Think carefully about how you manage your money. The habits you cultivate at 18 years of age will last a lifetime. Have a great time, but don't take on unnecessary debt and don't spend carelessly. 

3. Redefine how you study. For many students, studying means reading or re-reading the textbook and their notes from class. I would encourage you to think differently about studying. As you prepare for an exam, sit down with all your class materials, and write out a detailed review of the entire course. Then, boil that review down to just 1 or 2 pages. Then, boil it down again to just a few note cards. That process of having to synthesize and integrate all your learning in writing will have much more impact than a few extra hours spent re-reading the same tired words from a textbook.  Then, most importantly, quiz yourself!  Forcing yourself to retrieve knowledge from your memory will be extremely helpful as you prepare for tests.  

4. Seek out your own space. Don't count on studying in your dorm room. Far too much distraction exists in the dorm room. Find a spot on campus in which you are comfortable, and in which you can focus. For many, it will be a spot in the library. However, there may be other locations as well. If you do go to the library, don't sit in a high traffic area where you will constantly be approached by friends. 

5. Care for your whole self - mind, body, and soul. Don't just focus on academics. Stay in physical shape, take care of your spiritual well-being, and be mindful of your stress level. 

6. Read constantly about world events. You might think I'm crazy. After all, you will have tons of assigned reading in your courses. Who has time for more reading? Actually, staying abreast of current events in world affairs, business, science, and the like will be very helpful in your college career. As you read, you can and should try to make connections to what you are learning in class. By applying what you are learning in class as you read about world events, you will engage in much deeper learning. The lessons will sink in much more effectively. 

7. Thank your parents. Be sure to express appreciation early and often to your parents and other family members who are supporting you throughout your college experience. Be mindful of the sacrifices that your parents are making for you. Don't dismiss the fact that it may be emotionally difficult for them to see you leave home. Surely, you should seek out and affirm your independence from your parents, but don't trample on your parents' feelings as you do so.

Thursday, September 01, 2016

Seven Characteristics of Successful Innovators

I was asked recently to share my definition of innovation as well as the characteristics of successful innovators.  Here is my response.

Innovation: the process of creating and implementing an idea that generates significant positive change. 

What are the characteristics of successful innovators?

1. Intellectual curiosity - a deep and persistent desire to learn new things, explore beyond one’s base of expertise, to read broadly, and to ask excellent questions

2. Growth mindset – a belief that abilities are not fixed traits, but instead can always be improved.

3. Collaboration – You must be able to work with others, because the "lone genius" theory of innovation is a myth.

4. Integrative thinking – Roger Martin argues integrative thinkers “have the predisposition and the capacity to hold in their heads two opposing ideas at once. And then, without panicking or simply settling for one alternative or the other, they’re able to creatively resolve the tension between those two ideas by generating a new one that contains elements of the others but is superior to both.”

5. Connectors – the ability to draw unique connections among seemingly unrelated concepts from different fields.

6. Grit – perseverance and passion in pursuit of long-term goals

7. Tolerance for failure – willingness to experiment and prototype, accept feedback, adapt quickly, and cut your losses when appropriate.

Tuesday, August 30, 2016

Design Rituals to Reinforce Organizational Values & Culture

Mollie West and Kate McCoubrey Judson have published a wonderful blog post for the Huffington Post about how to strengthen organizational culture.   They focus on the importance of establishing rituals that bring the organization's mission, purpose, and values to life.   I've always believed in the value of such rituals.  At universities, such rituals include ceremonies such as convocation and commencement, as well as alumni reunions, honor society inductions, and new student orientations.   Of course, they also include many smaller rituals that are part of everyday life on campus.   For us, these rituals reinforce our institutional values and remind us of the meaning and purpose of our work - to transform the lives of the young people who come here to learn and grow.   West and Judson describe the importance of rituals in this excerpt from their article:  

Companies practice rituals of all kinds—celebration rituals, eating rituals, storytelling rituals. Why are they important? Rituals engage people around the things that matter most to an organization, instilling a sense of shared purpose and experience. They spark behaviors that make the work and the company more successful.

Rituals can be powerful drivers of culture, so they should be thoughtfully designed and nurtured. This starts with setting an intention. What is the organization’s unique purpose and set of values? What mindset and behaviors will help people deliver on those? A great ritual will reinforce that mindset and those behaviors in a way that feels authentic to the organization and its people. What works at one company, might feel totally foreign somewhere else.

It’s also important to think about what will make a ritual stick. Why will people want to participate? Can it start organically and catch on, or will people look to certain leaders to model it first? Designing a ritual that will sustain over time requires tuning in to the organization’s existing culture, beliefs, and behaviors. 

Monday, August 29, 2016

Interview with Phillip Barlag, Author of The Leadership Genius of Julius Caesar

1. Why did you choose to write this book

Early in the book, I discuss a story where Caesar was able to stop a mutiny of his army - which occurred while he was away from camp - by returning, standing before them, and uttering one single word. When I first heard this story, I was enthralled. How could any leader have so much gravitas, that they could bend the will of an organization in open and violent revolt with just one word? To me, that was a question that needed to be answered. 

2. Who do you think should read this book? What will be the most important takeaways for that audience?

It would be too easy, and too self-serving to say something silly like 'every leader everywhere,' should read this book. Rather, I think the best audience would be those leaders or managers who are tasked with driving a change management agenda of one kind or another, but find surprising organization inertia or active resistance impeding their progress. Caesar's career was defined by his ability to do what people had been trying - and failing - to do for hundreds of years. Most of his predecessors not only saw their efforts end without success, but found themselves murdered by the oligarchs who stood to lose should much-needed reforms take hold. Given how hard change can be in any modern organization, people that are a part of such efforts, or have a goal for doing things differently, should read the book. 

3. What is one surprising lesson from Caesar that you discuss in the book?

In the conventional narrative of Caesar, he is described as a tyrant, a dictator. Certainly he was capable of blind pursuit of his ambitions, but adjusted for his time, he was remarkably enlightened. For me, the most surprising aspect of his leadership that reveals itself with a deeper exploration, is that forgiveness was an absolute cornerstone of how he led. As a result, he was able to turn enemies into supporters, and neutralize many people that would otherwise have fought him to the death. Caesar's life and career make a fascinating and compelling business case for the power of forgiveness; he would not have been able to achieve all that he did without going against the conventions of his day and welcoming enemies back with honors and open arms. 

4. How did you go about researching for the book?

This book is a result of following an interest until it becomes an area of general expertise. I'm not a historian; I just like history. After reading 30 or so books about Rome and about Caesar, patterns began to emerge that I felt needed to be put together into a guide for a modern leader. I was in the very happy place of doing research by reading books and articles that I found intrinsically interesting. When these efforts needed to be augmented, I sought the opinion of some professional historians, academics, and editors who helped me filter out the overwhelming body of literature to arrive at the most important and respected work available. Roman history is fascinating. We know so much about Rome and the people that lived there. But there is just enough gap in the historical record, and there are just enough different ways to interpret what we know, that there is endless debate and discussion about what Rome was as a social and political entity, and what it meant. There was plenty of information to choose from!

5. What modern leaders remind you of Caesar and why?

Caesar was singularly unique. There hadn't been anyone quite like him before he arrived, and there hasn't been anyone since. But if you break him down into some of the unique aspects that added up to make him who he was, then there are a few people that come to mind.

To me, the closest we could come would probably be Steve Jobs. He, Caesar, saw a way of doing things that was badly outdated, and took on the incredibly difficult task of changing the whole system. Caesar also was single-minded in accomplishing goals ahead of competitors, and created such an overwhelming sense of urgency in the organizations he led. To me, these things have echoes of Steve Jobs. They were both innovators beyond compare, very clear about defining the line of battle, and rising to every challenge. Jobs was more volatile and less emotionally generous, but in terms of the scope of their goals and ambitions, I think it's a fairly apt comparison. 

I guess the term 'modern' is a bit relative when discussing someone that lived more than 2,000 years ago, so I am going to cheat a little from what I infer to be the spirit of the question and draw a comparison to Abraham Lincoln. When Lincoln was a young lawyer on the circuit, he encountered Edwin Stanton. Stanton thought Lincoln to be so boorish as to be barely human. As their careers progressed, Stanton would heap insults upon Lincoln, often calling him the 'original gorilla.' Hardly kind (or accurate). When Lincoln was President, and his first Secretary of War Simon Cameron got embroiled in scandal, Lincoln overlooked the countless years of insults and nominated Stanton for the post. Lincoln never held a grudge, and he could see past his pride and identify Stanton as the best man for the job. It would be an inspired pick, and the two became incredibly close collaborators, changing the course of the Civil War and of American history. Find me another leader that could have so much forgiveness that they could do the same. Obviously the point is that Caesar often did the same thing: Forgetting the past and forging a new future with unlikely partners. As with Jobs, there are key differences. In this case, Caesar's forgiveness was more calculating and self-serving, but in a lot of ways, the outcomes and the lessons are the same. 

Running "Sprints" Effectively

Rachel Emma Silverman wrote a short piece for the Wall Street Journal last week about the use of "sprints" to solve tough problems at companies such as Alphabet. A sprint is a focused group problem-solving process that unfolds in just five days. She features Jake Knapp of Alphabet in her column. Knapp has co-authored a book titled "Sprint: How to Solve Big Problems and Test New Ideas in Just Five Days."   I thought he offered some terrific advice about decision-making during such group sprints. 
“It’s really important to know who the decider is,” says Mr. Knapp. “For many teams there is a lot of ambiguity about who makes decisions. If you can’t get the decider for the whole sprint, make sure you can get her in the room for cameo appearances during the sprint to make decisions.”A sprint works best when there is one person tasked with making the final call for big decisions, rather than relying on a more democratic process, he says. Team members can provide input and feedback, but in a sprint there should be a sole decision maker. “We want there to be a single decider to make the calls, and we want him or her to be opinionated, says Mr. Knapp. “It becomes an informed dictatorship.”

Tuesday, August 23, 2016

Mastering the One-on-One Meeting

Julia Austin, Chief Technology Officer at DigitalOcean and advisor to many startups in the Boston area, has written a terrific blog post about how to conduct effective one-on-one meetings with your direct reports.  I highly recommend reading the entire post.  Here are a few highlights: 
  • "Book a regular cadence of 1:1s. They should not be ad-hoc. It’s ok to skip one every once and awhile, but having it locked into the calendar is your commitment to being there for your employee. Decide the best cadence with them (weekly or every other week? 30 minutes or an hour?) and what the format should be – your office or theirs, a walk, or maybe grabbing coffee. Different formats work for different employees... 
  • "24 hours or so before the meeting, email the employee a list of what you’d like to cover. Try to do a split between strategic, tactical and personal items and always ask your employee what they want to cover too."
  • "Do not monopolize the conversation. This is for you each to get time to talk. Pause often and make sure there is opportunity for discussion and questions."
  • "It is important to always follow up any 1:1 (or scheduled meeting, for that matter) with notes on what was discussed, decisions made and, if relevant, any constructive feedback that will be measured going forward." 

Monday, August 22, 2016

Is There Such a Thing as Too Much Feedback?

The Wall Street Journal reports today on the changing culture at Kimberly-Clark, maker of products such as Huggies diapers and Kleenex tissues.   In this article, Lauren Weber writes the following: 

"One of the company’s goals now is 'managing out dead wood,' aided by performance-management software that helps track and evaluate salaried workers’ progress and quickly expose laggards... Armed with personalized goals for employees and large quantities of data, Kimberly-Clark said it expects employees to keep improving—or else. 'People can’t duck and hide in the same way they could in the past,' said Mr. Boston, who oversees talent management globally for the firm.  It has been a steep climb for a company that once resisted conflict and fostered a paternalistic culture that inspired devotion from its workers."

Weber goes to write that Kimberly-Clark's performance management system reflects a trend taking place in many companies, in which firms have eliminated annual merit reviews and replaced them with more continuous feedback.   She cites examples such as Accenture, Adobe, and GE, all of whom eliminated traditional annual performance reviews.   These firms have adopted real-time feedback systems for a number of reasons including, according to Weber, the belief that, "Millennial workers, meanwhile, demand more feedback, more coaching and a stronger sense of their career path."  

My question is simple though:   Can we take this shift to continuous monitoring, evaluation, and feedback too far?   I keep hearing that millennials want more feedback, but I've spent a ton of time around young people as a college professor.  I'm not sure any of us love being critiqued at every turn.   We work on some projects that take some time to get off the ground.   Some ideas require some time to take shape.   In short, I think this shift taking place in corporate America raises some critical questions:  Is too much early "feedback" going to quash some creative ideas?    Are managers adept enough at offering constructive critique to make this type of real-time feedback system effective at many firms?  Are we evaluating what truly drives success, or are we focused on what is easy to measure?  Are we encouraging short term thinking when we provide real-time feedback, or are we making sure to keep long term objectives in mind?  

Tuesday, August 16, 2016

Early, Often, & Ugly!

Adam Bryant interviewed Christa Quarles, CEO of Open Table, in this week's New York Times Corner Office column.   Quarles describes one important leadership lesson she learned when she became CEO of the firm:  

The other surprise was that people were afraid to share things early on. Teams were trying to perfect something before they would show it to me, and they’d waste a ton of time trying to get it to be perfect to show to the C.E.O. So I said, “Early, often, ugly. It’s O.K. It doesn’t have to be perfect because then I can course­-correct much, much faster.” No amount of ugly truth scares me. It’s just information to make a decision. 

Awesome advice!  You have to strongly encourage people to show you work earlier on, because they will naturally have a tendency to want to perfect it before exposing those ideas to senior leaders.  Of course, how you then provide critique and feedback is essential.  If you attack those ideas in a fashion that is not constructive, your folks will stop bringing you ideas "early, often, and ugly."   You cannot invite those rough sketches and ideas without also considering how to critique those ideas differently than you might approach a near-finished proposal.    

Monday, August 15, 2016

Why A Few Box Office Hits Generate More Revenue Than Ever

The Wall Street Journal reports today on some interesting trends in the movie business.   According to this article by Ben Fritz, a small number of blockbuster hits accounts for a higher fraction of total box office receipts than in past years.   This year, the hits have included movies such as Finding Dory and Zootopia.  Fritz writes, "Increasingly, success in the movie business requires being one of the handful of most popular movies that draw a disproportionate amount of attention on social media and in the cultural zeitgeist. This year’s five most popular films account for 30% of the total domestic box office. At the end of last year that figure was 22%, a record at the time. The inevitable result is a smaller pool of moviegoers left to see everything else."  

Why the shift toward a larger share of revenue from the top movies of the year?   Fritz wrote an earlier column that may offer some clues.  In that piece, he noted that viewers tend to be getting their information from different sources these days.  In the past, people watched Siskel and Ebert (and others like them), and those experts shaped their movie-going decisions.  Today, people pay much more attention to what other viewers think.   What is the movie's Rotten Tomatoes score?  A bad score can doom a movie.   

Is this shift an example of the power of the wisdom of crowds?  Is it necessarily a good thing that we are using the crowd's wisdom to guide our movie-going decisions?   Interestingly, some research points to the pitfalls of the wisdom of crowds.  Jan Lorenz, Heiko Rauhut, Frank Schweitzer, and 
Dirk Helbing have studied this issue through experimental research.  They summarize their findings in the excerpt below:  

This wisdom of crowd effect was recently supported by examples from stock markets, political elections, and quiz shows [Surowiecki J (2004)The Wisdom of Crowds]. In contrast, we demonstrate by experimental evidence (N = 144) that even mild social influence can undermine the wisdom of crowd effect in simple estimation tasks. In the experiment, subjects could reconsider their response to factual questions after having received average or full information of the responses of other subjects. We compare subjects’ convergence of estimates and improvements in accuracy over five consecutive estimation periods with a control condition, in which no information about others’ responses was provided. Although groups are initially “wise,” knowledge about estimates of others narrows the diversity of opinions to such an extent that it undermines the wisdom of crowd effect in three different ways.

Interestingly, one other shift seems to be occurring in Hollywood from the production standpoint. More than ever, studios appear to be relying on franchises, sequels, and reboots.   Why is that happening?   One could argue that the studios are trying to enhance the probability of achieving a strong box office by bringing familiar characters to the screen.  That may be true to some extent, but there may be a limit to this positive impact.  At some point, they may saturate theaters with reboots and sequels, and customers may desire more originality.   

Friday, August 12, 2016

Accepting that Job Offer When the Internship Ends

You have completed your summer internship, and you have received a full-time offer of employment.  Fantastic!  Now, should you accept the position.  Most young people might say, "If you had a good summer internship experience, then of course, you should take the job."   Jon Simmons has published a good article for Fast Company that addresses this issue.   Simmons suggests that the answer might not be so simple.

How should you make this decision?   Simmons suggests careful consideration of a wide range of factors including compensation, benefits, company culture, opportunities for growth and development.  Certainly, all of these items matter.  However, I think the decision should not primarily be about factors such as compensation.  In fact, the differences in compensation across multiple job offers will be relatively trivial for most students.  The real issue is growth and development.   Interns should ask themselves three questions:

1.  Will my full-time position be substantively different than my internship experience?  Will it be more challenging?  Will I assume new responsibilities?  Will I learn new skills?  If the answer is no to these questions, then you don't want to take the offer.  The best firms that hire here at Bryant University provide full-time opportunities that build upon, but go well beyond, the internships that they offer.

2.  Does the firm have a track record of investing in the growth and development of its young employees?   Will I have opportunities to enhance my skills through in-house leadership development programs, training courses, tuition reimbursement at local universities, and mentoring by senior leaders?   If the answer is yes, then you should seriously consider taking the job offer.

3.  What are my short term career goals, and would this full-time position help me achieve those goals?  Don't think in terms of 10-15 year plans.    That's just not advisable in today's world.  Think instead of the next 5 years.  What do you hope to achieve?  Suppose you plan to apply to a top MBA program. Then ask yourself:  Will this full-time position help me gain admittance to such a school?  Suppose instead that you hope to become a young entrepreneur.  You should ask:  How will this position help me achieve that goal?

Thursday, August 11, 2016

Who is More Empathetic: Intuitive or Analytical People?

The British Psychological Society's Research Digest features new work by Christine Ma-Kellams of the University of La Verne and Jennifer Lerner of Harvard. They focus on empathy, something that has gotten a great deal of attention in the management field recently. The human-centered design movement emphasizes empathy with customers as a key tool for driving innovation. Meanwhile, efforts to improve employee engagement have focused on the need for managers to empathize with their subordinates. La Verne and Lerner study how different types of people engage in empathy, and their results prove rather surprising. The Research Digest summarizes their conclusions: 

Reading what other people are feeling is an important skill that helps us navigate conflicts, deepen relationships, and negotiate effectively. So what’s the best way to approach this? New research published in the Journal of Personality and Social Psychology suggests that most of us believe that the best approach is to trust our instincts. But the paper goes on to show that, on the contrary, accurate empathy comes from operating deliberately and analytically.

What explains this surprising finding that contradicts the conventional wisdom?  The authors argue that reading others' emotions often proves very difficult.  The cues are not always obvious or clear.  Therefore, it takes some effort to discern how others are feeling.   That's where a more analytical mindset has value.   Focusing on details, evaluating a situation comprehensively, and deliberately analyzing a variety of cues turns out to be crucial to empathizing with others in many situations.  Instincts alone do not always do the job.  

Wednesday, August 10, 2016

How to Listen to an Employee's Pitch

Adam Bryant interviewed Lisa Gersh recently for his New York Times Corner Office column.   Gersh explains an early leadership lesson she learned.  In short, she's talking about how the "yes, and" principle from improv comedy can be used to enhance the quality of team meetings.  


A mentor, Geraldine Laybourne, gave me a great lesson when I had my first child. She said the best way to control the “terrible 2s” and make your kids happy is to learn how to say “yes.” It doesn’t mean giving them everything they want; it means directing them to something else. The same thing is true in business. It’s about learning to say yes. People pitch ideas all the time, and I find that others in the room can often want to say no and talk about why it’s not a good idea. A bunch of really smart people can kill any idea. You can always find out what’s wrong with an idea, but you can’t necessarily find out what’s good with the idea. And so the first thing she said to me when we were starting Oxygen Media is to learn how to say yes. Listen to people’s ideas almost like an improv session, and play with the ideas. It doesn’t necessarily mean you’re going to do the idea. It just means you’re going to listen to the idea and work on the idea.

Tuesday, August 09, 2016

Remembering (or Forgetting) or Own Misdeeds

Maryam Kouchaki and Francesca Gino have conducted some interesting research about how we think about dishonest or unethical behavior.   In a series of experiments, they examined how we recall our own misdeeds versus the unethical decisions and actions of others. What did they find? First, according to this article from Kellogg Insights, they discovered (not surprisingly) that, "People recall their unethical behaviors with less-than-vivid clarity—increasing the likelihood that they will take similar actions in the future."  The scholars describe this phenomenon as "unethical amnesia."  They argue that such behavior is problematic because forgetting our own misdeeds makes us more likely to take such actions again.   If we recalled that behavior more clearly, it would act as a deterrent.   Why do we engage in unethical amnesia?  Well, of course, we are employing a defense mechanism.  We don't like to consider ourselves in a negative light.  Failing to reflect on our own misdeeds, however, may heighten the risk that we engage in such bad behavior again.  

What about others' misdeeds?  The scholars find that we are much more likely to recall the unethical behavior of others than our own.   Here's the experimental result:

So are all memories of unethical behavior hazy? Or are we just fuzzy on our own bad deeds? The researchers tested this question by having people adopt the perspective of someone else. They recruited participants online to read a story describing either ethical or unethical behavior. Some of the stories used a first-person perspective so that the reader assumed the point of view of the main character. The other stories used a third-person perspective.

Four days later, the participants rated their memory of the story. Indeed, the perspective of the narrator—and therefore, presumably, the reader—mattered. Participants who read a story with a third-person perspective remembered it just as clearly whether it was about ethical or unethical behavior. But participants who read a first-person story reported remembering the story about unethical behavior less clearly.