Archives for October 2015

Make a Difficult Decision Like Benjamin Franklin

October 30, 2015 By Nagesh Belludi Leave a Comment

Benjamin Franklin, American inventor, journalist, printer, diplomat, author, and founding father Benjamin Franklin (1706–1790) was renowned for his lifelong quest for self-improvement, as he thoroughly documented in his “Autobiography” (1791.)

In my previous article on Benjamin Franklin’s “Plan for Conduct,” I noted that Franklin had a methodical mindset.

As a young adult, Franklin developed a method for making complex decisions. At age 66, in a letter to his close friend Joseph Priestley (a London chemist who, in 1774, isolated the element oxygen,) Franklin described this method.

In this letter written on September 19, 1772, Franklin mentions one of the key challenges of fact-collecting and decision-making:

In the affair of so much importance to you, wherein you ask my advice, I cannot for want of sufficient premises, advise you what to determine, but if you please I will tell you how. When these difficult cases occur, they are difficult chiefly because while we have them under consideration all the reasons pro and con are not present to the mind at the same time; but sometimes one set present themselves, and at other times another, the first being out of sight. Hence the various purposes or inclinations that alternately prevail, and the uncertainty that perplexes us.

Make a Difficult Decision Like Benjamin Franklin - T-charts

Then, Franklin describes how to weigh the “pro et contra” (Latin for “for and against”) in any situation:

To get over this, my way is, to divide, half a sheet of paper by a line into two columns, writing over the one pro, and over the other con. Then during three or four day’s consideration I put down under the different heads short hints of the different motives that at different times occur to me for or against the measure. When I have thus got them all together in one view, I endeavor to estimate their respective weights; and where I find two, one on each side, that seem equal, I strike them both out: if I find a reason pro equal to some two reasons con, I strike out the three. If l judge some two reasons con equal to some three reasons pro, I strike out the five; and thus proceeding I find at length where the balance lies; and if after a day or two of farther consideration nothing new that is of importance occurs on either side, I come to a determination accordingly. And though the weight of reasons cannot be taken with the precision of algebraic quantities, yet when each is thus considered separately and comparatively, and the whole lies before me, I think I can judge better, and am less likely to make a rash step; and in fact I have found great advantage from this kind of equation, in what may be called moral or prudential algebra.

Ben Franklin’s humble tool for decision-making is now known as the T-Chart. It is widely used to examine two opposing facets of a topic, object, situation, circumstance, or event under consideration. T-Charts are particularly helpful for analyzing advantages and disadvantages, as well as strengths and weaknesses.

Recommended Reading: For a great collection of the writings of Benjamin Franklin, including his “Autobiography”, see Walter Isaacson’s “A Benjamin Franklin Reader”.

Successful People Earn Trust Using These Ten Cs

October 27, 2015 By Nagesh Belludi Leave a Comment

One of the most important aspects of being effective at work—as professionals, managers, or leaders—is earning and upholding others’ trust through our actions, not through our words. We earn trust by making and honoring commitments. We earn trust slowly but can lose it in an instant.

Here are ten elements that can help you earn your constituencies’ trust:

Competency. Develop your expertise in everything that is fundamentally important to your role, team, organization, company, or industry. Be knowledgeable and resourceful.
Cause. Develop, articulate, and agree on a vision of meaning, purpose, fulfillment, and empowerment. Define a path and guide your organization’s way forward.
Challenge. Stretch yourself. Push the boundaries to help people accomplish more. Channel people’s collective strengths and capabilities. Push the limits of their thoughts and actions. Expect excellence.
Connectedness. Foster an environment of collaborative commitment. Build spirited teams. Value and celebrate diversity. Provide inclusion. Build team cohesion.
Concern. Get to know the people you work with. Be approachable. Create a workplace where people feel genuinely cared. Grow, train, and retain people. Recognize their individuality and encourage them to strive to do their best.
Credibility. Act with integrity. Do what you commit to. Do the right things for the right reasons.
Consistency. Be steady in your purpose. Be open and honest. Set clear standards. Communicate and act consistently so others don’t need to guess what your motivations or intentions are. Communicate and lead from the front. Be visible. Be transparent and forthright, especially during tough times.
Continuity. Respect and honor the past. Be willing to learn from past failures and successes.
Commitment. Fully dedicate your resources to a task, especially when times are tough. Once you’ve undertaken to do something, invest the necessary effort and actions to make it happen.
Celebration. Recognize employees for all levels of achievement—for big projects, service milestones, and day-to-day accomplishments. Celebration helps fuel human accomplishment.

Inspirational Quotations #603

October 25, 2015 By Nagesh Belludi Leave a Comment

The object of most prayers is to wangle an advance on good intentions.
—Robert Brault

Never stop questioning.
—Albert Einstein (German-born Theoretical Physicist)

Necessity reconciles and brings men together; and this accidental connection afterwards forms itself into laws.
—Michel de Montaigne (French Philosopher)

Isn’t it fortunate how selective our recollections usually are.
—Malcolm Forbes (American Publisher)

It is not always by plugging away at a difficulty and sticking at it that one overcomes it; but, rather, often by working on the one next to it. Certain people and certain things require to be approached at an angle.
—Andre Gide (French Novelist)

Life begins on the other side of despair.
—Jean-Paul Sartre (French Philosopher)

It takes as much courage to have tried and failed as it does to have tried and succeeded.
—Anne Morrow Lindbergh (American Author, Aviator)

No one reaches a high position without daring.
—Publilius Syrus (Syrian-born Latin Writer)

Nature is an endless combination and repetition of a very few laws. She hums the old well-known air through innumerable variations.
—Ralph Waldo Emerson (American Philosopher)

Nature, who for the perfect maintenance of the laws of her general equilibrium, has sometimes need of vices and sometimes of virtues, inspires now this impulse, now that one, in accordance with what she requires.
—Marquis de Sade (French Political leader)

Praise from the common people is generally false, and rather follows the vain than the virtuous.
—Francis Bacon (English Philosopher)

The imagination is literally the workshop wherein are fashioned all plans created by man.
—Napoleon Hill (American Author)

Leaves … Like the Lives of Mortal Men

October 23, 2015 By Nagesh Belludi Leave a Comment

Spring and Autumn not only call to mind the renewal of the elements of nature but also remind us of the brevity of life and the temporal advancement of life.

The past is immutable and the future is yet tenuous and undefined. Memories of the past are full of triumphs and regrets while anticipations of the future are full of hopes and fears.

If we lose ourselves in memories of the past or fantasies about the future, we lose valuable experiences that take place in the present moment. As I mentioned in my previous article “Present Perfect,” we don’t remain completely in the present.

The change of seasons reminds us of the Buddhist concepts of transience and impermanence—that everything is impermanent—everything, including our own selves. Somehow, we refrain from acknowledging our own impermanence and resist confronting our own mortality.

In Homer’s epic The Iliad, men die at an astonishing pace in various battles. During the Trojan War, when the Achaean commander Diomedes confronts the Trojan lieutenant Glaucus, the latter reflects,

Like the generation of leaves, the lives of mortal men.
Now the wind scatters the old leaves across the earth,
now the living timber bursts with the new buds
and spring comes round again. And so with men:
as one generation comes to life, another dies away.

Source: “The Iliad” (6:171) by Homer, tr. Robert Fagles

Idea for Impact: The passage of time induces us to confront our own mortality. Considering our own morality is a useful tool to guide our present actions. It reminds us to appreciate and live each moment purposefully and wisely.

A Fast-Food Approach to Management // Book Summary of Blanchard & Johnson’s ‘The One Minute Manager’

October 20, 2015 By Nagesh Belludi Leave a Comment

The “One Minute Manager” is one of those best-selling business books that I’ve heard a lot about but never actually read, until recently. First published in 1982 and subsequently translated into dozens of languages, this book has sold over 13 million copies. Legions of managers and HR-trainers swear by this book. Organizations around the world have distributed it as mandatory reading to their employees.

The book’s central ideas are simplistic and cliched:

When managers treat their employees right and give them clear directions, they’ll feel good about themselves and develop into happier, more productive workers.
Employees learn only through positive reinforcement when they do something right and through sharp criticism when they do something wrong.

Written as an allegory, the “One Minute Manager” follows an aspiring young manager who discovers the one-minute manager when seeking to find and learn from an effective manager.

The one-minute manager is rarely seen around, doesn’t like to participate in any of his staff’s decision-making, and makes only brief appearances to reward or reprove. His minimalist approach to employee management consists of:

One-minute goal-setting, where the manager discusses the employee’s goals frequently and resets them when necessary, and
One-minute praising and one-minute reprimand, where the manager gives specific, immediate, and direct appreciative or corrective feedback on how he thinks the employee is doing versus set goals. While reprimanding, the one-minute manager takes care to separate the performance from the person; he chastises the behavior, not the person.

Oddly enough, the authors encourage managers to shake hands or touch employees’ shoulders “in a way that lets them know you are honestly on their side” and then encourage, reassure, and show support.

There’s nothing intriguing, stimulating, or profound in this book to justify its popularity. Perhaps its simplicity was intentional—the fable-like narrative quickly grabbed attention. It struck a resonant chord in the 1980s and catered to a sense of urgency within organizations to quickly and easily make managers effective.

The One Minute Manager’s fast-food approach to management focuses on just two elements of what managers do: goal-setting and giving feedback. There’s nothing about employee development, delegation, compensation and benefits, teams, and other important elements of a manager’s responsibilities.

Recommendation: Skim. This book is an introductory quick-read for new managers who may be particularly inexperienced with setting goals and appraising employees.

Inspirational Quotations #602

October 18, 2015 By Nagesh Belludi Leave a Comment

There is no defense against criticism except obscurity.
—Joseph Addison (English Essayist)

The ache for home lives in all of us, the safe place where we can go as we are and not be questioned.
—Maya Angelou (American Poet)

Many an honest man practices on himself an amount of deceit, sufficient, if practiced on another, and in a little different way, to send him to the State prison.
—Christian Nestell Bovee

In avoiding the appearance of evil, I am not sure but I have sometimes unnecessarily deprived myself and others of innocent enjoyments.
—Rutherford B. Hayes

No man will work for your interests unless they are his.
—David Seabury

We should keep silent about those in power; to speak well of them almost implies flattery; to speak ill of them while they are alive is dangerous, and when they are dead is cowardly.
—Jean de La Bruyere

Non-violence is the article of faith.
—Mohandas K. Gandhi (Indian Hindu Political leader)

Knowledge is in the end based on acknowledgement.
—Ludwig Wittgenstein (Austrian Philosopher)

It’s frightening to think that you might not know something, but more frightening to think that, by and large, the world is run by people who have faith that they know exactly what’s going on.
—Amos Tversky

The soul who meditates on the Self is content to serve the Self and rests satisfied within the Self; there remains nothing more for him to accomplish.
—The Bhagavad Gita (Hindu Scripture)

Men always do leave off really thinking, when the last bit of wild animal dies in them.
—D. H. Lawrence (English Novelist)

The honest work of yesterday has lost its social status, its social esteem.
—Peter Drucker (Austrian-born Management Consultant)

Education comes from within; you get it by struggle and effort and thought.
—Napoleon Hill (American Author)

Ignorance is the peace of life.
—Indian Proverb

Men marry because they are tired; women because they are curious. Both are disappointed.
—Oscar Wilde (Irish Poet)

The fault-finder—it is his nature’s plague to spy into abuses; and oft his jealousy shapes faults that are not.
—William Shakespeare (British Playwright)

Recharge Your Self-Growth through a “Plan of Conduct” à la Benjamin Franklin

October 16, 2015 By Nagesh Belludi 1 Comment

In Boston at age 12, Young Benjamin Franklin became a printer's apprentice with his brother James Franklin Young Benjamin Franklin’s formal schooling was incomplete. He pursued education through voracious reading. In Boston at age 12, he became a printer’s apprentice with his brother James. At age 17, Franklin ran away to Philadelphia seeking a fresh start and initially worked in several printer shops around town.

At age 18, Franklin traveled to London to acquire some equipment for establishing a new newspaper in Philadelphia. However, the sponsor soon withdrew from the project; so a disappointed Franklin remained in London working as a typesetter. In 1726, at age 20, he decided to return to Philadelphia to strike out on his own.

Benjamin Franklin’s Organized Action Plan for Efficiency and Success

At the threshold of adulthood, Franklin ruminated on the kind of man he wanted to be. During his time in London, he was deeply unhappy that his life had so far been disorderly because he had never outlined a design for how to conduct himself. During his 11-week voyage from London to Philadelphia, he applied his methodical mindset to develop some rules for self-improvement and called them his “Plan of Conduct.”

Those who write of the art of poetry teach us that if we would write what may be worth the reading, we ought always, before we begin, to form a regular plan and design of our piece: otherwise, we shall be in danger of incongruity. I am apt to think it is the same as to life. I have never fixed a regular design in life; by which means it has been a confused variety of different scenes. I am now entering upon a new one: let me, therefore, make some resolutions, and form some scheme of action, that, henceforth, I may live in all respects like a rational creature.

It is necessary for me to be extremely frugal for some time, till I have paid what I owe.

To endeavor to speak truth in every instance; to give nobody expectations that are not likely to be answered, but aim at sincerity in every word and action—the most amiable excellence in a rational being.

To apply myself industriously to whatever business I take in hand, and not divert my mind from my business by any foolish project of growing suddenly rich; for industry and patience are the surest means of plenty.

I resolve to speak ill of no man whatever, not even in a matter of truth; but rather by some means excuse the faults I hear charged upon others, and upon proper occasions speak all the good I know of every body.

Franklin’s “Plan of Conduct” was a precursor to his constant quest in self-improvement, as documented in his “Autobiography” (1791.) A few years later, he supplemented his plan with a “Moral Perfection Project,” 13 guidelines to motivate himself to be more virtuous and strive for moral perfection.

These first few pursuits of self-improvement and reflection weren’t a passing fad for Franklin—he adhered to these rules for the rest of his life. He was proud that he had the wisdom to develop and commit to them so early in life. He reflected in his “Autobiography” (1791,) “It is the more remarkable, as being formed when I was so young, and yet being pretty faithfully adhered to quite through to old age.”

Idea for Impact: Create Your ‘Plan of Conduct’

Create your own rules for living and commit to them for a life of success and wisdom. The values you establish for yourself will align your actions with your goals and dreams and so reduce regrets of overlooked opportunities.

Recommended Reading: For a great collection of the writings of Benjamin Franklin, including his “Autobiography”, see Walter Isaacson’s “A Benjamin Franklin Reader”.

What Opportunities Are You Overlooking?

October 13, 2015 By Nagesh Belludi Leave a Comment

What Opportunities Are You Overlooking?

In 1975, a young Bill Gross, now America’s most prominent bond-focused mutual fund manager, passed up two opportunities to invest in businesses that would later become two of the world’s most prominent companies.

Gross turned down two “smart and intelligent” men who approached his PIMCO fund for a $10 million loan for their textile business. “It seemed like a funny company, had a dilapidated industrial complex in the Northeast, a See’s Candies store … Blue Chip Stamps … not much else,” Gross later remembered of not being impressed by the applicants’ prospects. The two men, Warren Buffett and Charlie Munger, built their textile company, Berkshire Hathaway, into one of the largest companies in the world. In 2008, Buffett became the world’s wealthiest person.

The following week in 1975, Bill Gross visited an entrepreneur named Sam Walton in Bentonville, Arkansas. Walton, then in his late-fifties, had sought a loan from PIMCO to expand his family-run discount store. Walton was renowned for his frugal lifestyle and his crusade to cut costs. Walton and his two sons received Gross at the airport in an old pickup truck. Gross later recalled turning Walton down based on appearances: “[They] would drive me around town and show me the Walmart, all the while with their dog named Dan … they’d yell, ‘Get ’em, Dan, get ’em, Dan,’ when a dog or cat would cross the street … [Walton and his sons] seemed like very high character, reputable people, but the store and idea were [not very impressive.]” By the time Sam Walton passed away in 1992, he had built Walmart into a formidable retailer and had become the world’s wealthiest man.

Parenthetically, two weeks later in 1975, Gross lent $5 million to a rail-car leasing company called Itel after visiting the company’s headquarters in a high-rise building and being impressed, among other things, by thick carpets and “good looking secretaries.” Itel went bankrupt six months after Gross made the loan.

Reflecting upon these experiences, Gross recalled a famous remark made in 1912 by legendary financier J. P. Morgan: that credit lending should be based not on wealth, but on character.

Idea for Impact: What Could You Regret?

While in hindsight it’s easy to empathize with Gross’s regret of missing the opportunities to invest early in Berkshire Hathaway and Walmart and his overlooking the character and promise of their entrepreneurs, it’s difficult to comprehend how Gross could have then objectively predicted the enormous potential in either company.

Narratives of such missed opportunities, though, should make you wonder what opportunities you could be overlooking today that months, years, or decades from now, you could come to regret with the perspective that comes with time or upon mature reflection.

Inspirational Quotations #601

October 11, 2015 By Nagesh Belludi Leave a Comment

It is a great pity when the one who should be the head figure is a mere figure head.
—Charles Spurgeon (British Baptist Preacher)

What I like about experience is that it is such an honest thing. You may take any number of wrong turnings; but keep your eyes open and you will not be allowed to go very far before the warning signs appear. You may have deceived yourself, but experience is not trying to deceive you. The universe rings true wherever you fairly test it.
—C. S. Lewis (Irish-born British Children’s Books Writer)

The person who sends out positive thoughts activates the world around him positively and draws back to himself positive results.
—Norman Vincent Peale (American Clergyman, Self-Help Author)

Ability is of little account without opportunity.
—Napoleon I (French Monarch)

Love is the joy of the good, the wonder of the wise, the amazement of the Gods.
—Plato (Ancient Greek Philosopher)

I don’t think that a leader can control to any great extent his destiny. Very seldom can he step in and change the situation if the forces of history are running in another direction.
—Richard Nixon (American Head of State)

It is good to realize that if love and peace can prevail on earth, and if we can teach our children to honor nature’s gifts, the joys and beauties of the outdoors will be here forever.
—Jimmy Carter (American Head of State)

No one can get inner peace by pouncing on it.
—Harry Emerson Fosdick (American Baptist Clergyman)

Your future takes precedence over your past. Focus on your future, rather than on the past.
—Gary Ryan Blair

Whatever deceives men seems to produce a magical enchantment.
—Plato (Ancient Greek Philosopher)

Does the Consensus Speak For You?

October 9, 2015 By Nagesh Belludi 2 Comments

Charles Darwin Skirted the Danger That Is Public Scorn

Charles Darwin’s fear of disapproval almost pushed him into oblivion. Fear of others’ judgments just about forced Darwin to miss the title of the father of evolution.

For over a decade, while Darwin (1809–1882) compiled a vast body of evidence in support of evolution, he suffered crippling anxiety whenever he considered publishing his theories. His principles of evolution by natural selection directly contrasted with the dominant views on the origin of life per Christian theology.

Darwin feared that publishing his views on evolution would affect his standing among his Victorian peers and with his outstandingly pious wife, Emma Darwin. To his botanist friend Joseph D. Hooker, Charles Darwin wrote, “it is like confessing a murder.”

Only before fellow British naturalist and anthropologist Alfred Russel Wallace (1823–1913) published his independent conclusions about evolution through natural selection did Darwin give up his fear of non-conformity. In 1889, he published his seminal “On the Origin of Species”. Darwin thus secured his place as one of most influential persons in human history by a slender lead.

To Conform Is to Be Treated as “One Of”

Our social and professional lives are brimming with rituals, customs, norms, rubrics, rules, procedures, and guidelines that we are expected to observe. There is a clear benefit to be gained from this conformity: when we follow the structures imposed on us, we fit in.

While conformity is often important to group cohesiveness and social acceptance, when conformity becomes unquestioning, we are vulnerable to groupthink. Groupthink creates a powerful pattern of conceptualizing, thinking, and living that disregards alternative rubrics and ignores alternate attitudes and behaviors.

Don’t Passively Absorb Other’s Ideals

Nonconformance to social and organizational norms (engaging in deviant attitudes and behavior) can be problematic. As individuals, we risk being shut out, excluded, and disregarded. Possessing a life-philosophy and mindset that run counter to our peers and wider community can indeed be troubling. Therefore, the pressure to conform dominates our everyday lives. Too often, we silently bear the inconveniences of adherence and sacrificing our individuality.

In a 2001 interview with Charlie Rose discussing “Letters to a Young Contrarian”, author Christopher Hitchens, the outspoken critic of theocracy and religion and arguably the most masterful rhetorician of our times, said the following about being a contrarian:

It’s not for everybody. Not everyone wants to always be an outcast or out of step or against the stream. But if you do feel that the consensus doesn’t speak for you, if there’s something about you that makes you feel that it would be worth being unpopular or marginal for the chance to lead your own life and have a life instead of a career or a job, then I can promise you it is worthwhile, yes.

In the same vein, Apple’s Steve Jobs said in his famous 2005 commencement address at Stanford,

Don’t be trapped by dogma which is living with the results of other people’s thinking. Don’t let the noise of others’ opinions drown out your own inner voice. And most important, have the courage to follow your heart and intuition.

Idea for Impact: Shun Synthetic Conformity

Where practically possible, shun synthetic conformity. Question the authorities. Never feel content with the limits of your mind. Think independently. Form your own opinions. Engage your knowledge and your wisdom to discover your uniqueness. Exercise your freedom to determine your own experience in life instead of having it imposed by someone else. As Eleanor Roosevelt said in “You Learn by Living”, “When you adopt the standards and the values of someone else or a community or a pressure group, you surrender your own integrity. You become, to the extent of your surrender, less of a human being.”

Archives for October 2015

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Benjamin Franklin’s Organized Action Plan for Efficiency and Success

Idea for Impact: Create Your ‘Plan of Conduct’

Wondering what to read next?

Idea for Impact: What Could You Regret?

Wondering what to read next?

Charles Darwin Skirted the Danger That Is Public Scorn

To Conform Is to Be Treated as “One Of”

Don’t Passively Absorb Other’s Ideals

Idea for Impact: Shun Synthetic Conformity

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