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Right Attitudes

Ideas for Impact

Discipline

Doing Is Everything

January 3, 2017 By Nagesh Belludi Leave a Comment

Many people know what they should do: lose weight, start exercising, stop smoking, get serious about managing careers, find a romantic partner, start saving money, and so on. Yet they can’t seem to make themselves do.

You know what to do, but you don’t do it!

It is told that long ago in China, a reclusive monk climbed up a tree in a forest. He settled comfortably and sat there in deep meditation, undisturbed by the outside world.

That became his everyday routine.

People from hamlets in the vicinity adopted him. They approached him with offerings and discussed their affairs. And he imparted his wisdom.

His fame soon spread everywhere. Visitors from far-flung towns trekked to the forest for his counsel.

Folks started calling him Birdsnest for the reason that he perched high up his tree.

On one occasion, the local king learned of Birdsnest and set forth to see him. After an arduous journey, the king located Birdsnest’s tree.

The king hollered at the monk trying to seek his attention. “O wise one, I have an important question to ask of you.”

The king waited for Birdsnest. No response came.

The king tried repeatedly to evoke Birdsnest, but didn’t succeed.

The king grew impatient waiting for Birdsnest.

Eventually, the king became irritated and shouted out, “I can wait no longer! Here is my question. Say, what is it that all the wise ones taught? What is at the heart of all the teachings of the great masters? What is the most profound thing the Buddha ever said?”

The king lingered around Birdsnest’s tree for a long time.

Finally, Birdsnest summoned the king. Holding a meditative poise, Birdsnest declared, “At all times, do good things. Don’t do bad things. This is all the Buddha said. This is what the wise men instructed.”

The king became infuriated.

Birdsnest continued to meditate with a gentle half smile behind his eyes. He was obviously toning down the power of the Buddha’s wisdoms.

The king screamed, “I can’t believe this impertinence! Is that all you’ve got for me? Do good things and don’t do bad things. I knew that when I was three years old, you blithering fool!”

The afternoon sun filtered in through the trees as Birdsnest looked down from his perch. His compassion and matter-of-factness radiated out from your heart. He sympathetically acknowledged, “Indeed, the three-year-old knows it. Yet the eighty year-old finds it very difficult to do!”

The Knowledge-Action Gap

'The Now Habit' by Neil Fiore (ISBN 1585425524) One of the most insidious obstacles to your success in life is the chasm between knowing and doing—between thinking about something and acting on it, between ideating and implementing.

Your ideas may be impressively simple, but accomplishing them with discipline and steadiness can be very, very difficult indeed. This is the knowing-doing gap.

Ruminate about what stops you from accomplishing the things you need to do, want to do, and know how to do, but can’t get to do. Usually, your alleged obstacles—your boss, parents, spouse, children, colleagues, situations—are but excuses. When you sincerely unearth the reasons for your putting things off, you’ll realize that, by and large, it’s you who are sabotaging yourself.

Yes, occasionally, you may face a few genuine external obstacles. Nevertheless, in the grand scheme of things, you usually have the power to overcome them or work around them.

Procrastination is a Breakdown of Self-Discipline

As I have stated in my previous articles, procrastination is weakness of will. Chronic procrastination is a recurrent breakdown of self-discipline.

The overpowering emotion associated with chronic procrastination is guilt. These feelings of guilt are not just specific to the task you’re dodging, even though, at the time of procrastination, your mind may be full of qualms and repentance under the direct influence of your putting off the dreadful task. More accurately, the guilt you feel about your chronic procrastination is the outcome of not living up to your full potential and not authentically engaging in the many possibilities life presents you.

'When Things Fall Apart' by Pema Chodron (ISBN 1611803438) It takes courage to face your anxieties, to forge ahead despite your feelings, and to act. Self-improvement begins with self-reflection. And self-reflection derives from self-compassion. The renowned Buddhist nun Pema Chödrön wrote about self-compassion in her wonderfully reassuring classic When Things Fall Apart: Heart Advice for Difficult Times, “The most fundamental aggression to ourselves, the most fundamental harm we can do to ourselves, is to remain ignorant by not having the courage and the respect to look at ourselves honestly and gently.”

Don’t hunt for motivation. As I’ve asserted in previous articles, motivation is glorified as a personal trait. While it is beneficial to be motivated, folks who actually manage to get things done are those who find a way to work at whatever they are interested in even when they do not really feel like doing it.

Idea for Impact: Make 2017 the Year of Getting Things Done

Transform your thoughts into action.

Put your ideas into practice.

Don’t let excuses, apologies, indolence, or a lack of motivation get in the way.

Knowing is nothing.

Doing is everything.

Wondering what to read next?

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  2. Intentions, Not Resolutions
  3. Change Your Mindset by Taking Action
  4. Do Things Fast
  5. Hofstadter’s Law: Why Everything Takes Longer Than Anticipated

Filed Under: Sharpening Your Skills Tagged With: Decision-Making, Discipline, Emotions, Goals, Motivation, Parables, Procrastination, Thought Process

How to Boost Your Willpower // Book Summary of Baumeister & Tierney’s ‘Willpower’

December 6, 2016 By Nagesh Belludi Leave a Comment

'Willpower: Rediscovering the Greatest Human Strength' by Roy F. Baumeister and John Tierney (ISBN 0143122231) In previous articles, I have discussed a key differentiating trait I’ve observed in successful people: they get things done not by pursuing motivation but through discipline, self-control, determination, and willpower. They actively seek a way to work at whatever must be done even when they do not really feel like doing it.

In Willpower: Rediscovering the Greatest Human Strength (2011,) New York Times science writer John Tierney and Florida State University psychologist Roy Baumeister discuss the virtues of self-control, and the concepts of ego depletion and decision fatigue. This informative tome is grounded in thirty years of academic research into willfulness and self-discipline.

Willpower starts with the assertion that intelligence and willpower are your two best predictors of achieving success in life. You may not be able to meaningfully increase your intelligence, but you can surely enhance your capacity for self-control. Parenthetically, when people were inquired about their failings in life, a lack of self-control was consistently at the top of the list.

The book’s central theorem is the much-debated “strength model of self-control.” This “muscle metaphor” states that willpower is like a muscle that tires out—or runs out of energy—as you use it, but can be fortified through practice.

How to Boost Your Willpower

Here are some prominent insights and tips from Willpower:

  • You have a limited amount of willpower, which, in the short term, depletes as you use it and must be replenished. Each instance of applying willpower (e.g. repressing your thoughts and actions, working intensely, stressing at work, making decisions, and dealing with difficult people) drains the same psychological reservoir of self-control. Expending willpower in one sphere of life leaves you less able to exercise self-control in another.
  • Just as muscles can get overworked and become tired and feeble until they can recuperate, the exercise of self-control causes fatigue.
  • Willpower is fuelled by blood glucose. Therefore, acts of self-control drain the glucose. When glucose is low, self-control failures are more likely. Restoring glucose to a sufficient level usually improves self-control. Willpower can be restored by boosting blood sugar. Foods like white bread, potatoes, white rice, and sugared snacks cause boom-and-bust cycles of willpower since these foods are quickly converted into glucose. Vegetables, nuts, raw fruits, and cheese are converted more slowly, and therefore provide ‘fuel’ more progressively.
  • Being in a tidy room seems to increase self-control and being in a messy room seems to curb self-control.
  • Your daily supply of willpower is limited. If you exhaust most of your willpower during the day at work, you will have less self-control, tolerance, and imperturbability when you come home to family. Many marriages go bad when stress at work is at its worst: people use up all their willpower on the job; their home lives suffer because they gave much to their work.
  • When your willpower is low, you’ll find it more arduous to make tougher decisions. Moreover, during decision-making, you’ll be more reluctant to eliminate some of the options you could choose from.
  • In the long term, practicing willpower strengthens it, just as a muscle develops stamina and power when consistently exercised. Even small, inconsequential acts of self-control—avoiding slouching, for example—can strengthen your capacity for self-discipline in the long term.
  • When you resist one temptation but cannot resist another, your egos have been fatigued by the exercise of willpower. Conversely, you can resist temptations across the board when your ego has been strengthened by exercise.
  • Stress instigates many negative emotions because stress depletes willpower, which consequently diminishes your ability to control and overcome those negative emotions.
  • The best use of willpower is in setting priorities and getting things done. Given you have a limited amount of willpower on a given day, you’re best served by budgeting your willpower and spending it where and when you need it the most.
  • Clear, attainable goals combined with rewards strengthen willpower. Monitoring goals and committing yourself publicly to your goals can help you counteract weakness of will.
  • Live as much of your life as possible on an autopilot. Eliminate distractions, temptations, and unnecessary choices. Simplify. Develop routines and cultivate habits that you can eventually do robotically.
  • Organize your life to decrease the need for willpower. Conserve willpower for demanding circumstances.

Recommendation: Read Willpower. This New York Times best seller is filled with guidance about how best to deploy willpower to overcome temptation and how to build up your willpower ‘strength’ with small—but regular and methodical—exercises. Even if somewhat academic for a self-help book, this worthwhile volume is filled with resourceful research, practical advice, and enthralling stories of people who’ve achieved personal transformation owing to the strength of their will.

Wondering what to read next?

  1. Thinking Straight in the Age of Overload // Book Summary of Daniel Levitin’s ‘The Organized Mind’
  2. Elevate Timing from Art to Science // Book Summary of Daniel Pink’s ‘When: The Scientific Secrets of Perfect Timing’
  3. Dear Hoarder, Learn to Let Go
  4. Everything in Life Has an Opportunity Cost
  5. What Your Messy Desk Says About You

Filed Under: Living the Good Life, Sharpening Your Skills Tagged With: Books, Decision-Making, Discipline, Mindfulness, Relationships, Simple Living, Stress, Thought Process

Stop Trying to Change People Who Don’t Want to Change

September 20, 2016 By Nagesh Belludi Leave a Comment

Change is seldom as easy as we think it will be

Consider how many people engage in smoking, obesity, problem drinking, procrastination, rage, and other self-defeating behavioral patterns. Despite being fully aware of the negative consequences of their behaviors, these people tend not to change.

Many people are unsuccessful when they try to change their own behavior. People are creatures of habit, and habits evolve over time. They become so deep-seated and instinctive that people are often oblivious to the behaviors and consequences that their habits drive.

It is therefore very hard to change old habits even when they’re bad. Consequently, people find themselves incapable or reluctant to make essential changes in their lives. They discover that habits are persistent and necessitate many consistent repetitions to change. Even when they are motivated enough to change, long-lasting change entails much commitment, consistency, and discipline.

When do people change?

The American self-help author Tony Robbins once wrote, “Most people are unhappy with some area of their life, but are not unhappy enough to actually do something about it. Unfortunately, 90% of people fall is this category.”

People typically don’t change because someone tells them that they need to. Many people change from their own accord as the result of physiological vicissitudes in their lives or from psychological impositions of external circumstances: transition to adolescence, retirement, becoming a parent, a job loss, or the death of a spouse, for example. Nevertheless, very few people change from within—deliberately, willingly, and on-purpose.

People don’t change until they think they need to

The Italian astronomer and philosopher Galileo Galilei once said, “You cannot teach a man anything; you can only help him find it within himself.” Helping people change involves helping them want to change, instead of trying to persuade them through guidance, counsel, urging, social pressure, or other forms of inducement.

Therapists (and mentors, coaches, and managers) are most successful in bringing about long-lasting change only in people who are intrinsically motivated to make the change. Therapists have little success with people who have no interest in changing.

Effective therapists explore, understand, and tweak their clients’intrinsic motivations toward change. They understand their client’s motivations, listen to any reluctance about change, and sensitively try to fortify those elements of their clients’ intrinsic motivations that may favor and hence facilitate the intended change.

Idea for Impact: When people do not want to change, don’t try to change them

As children, spouses, parents, friends, managers, and colleagues we are continuously attempting to point out others’ errors and expecting them to change. Even when our concerns are genuine and our attempts to change others are sincere, we often fail to bring about real behavioral change because people don’t change until they think they need to. So, don’t try to change people when they do not want to change.

They may change in a short time, but unless there is a compelling reason or a significant emotional event that astonishes them to change, people go back to their natural state.

Harboring expectations of being able to change can only lead to frustration and futility. Therefore, as the Buddha taught, lower your expectations of people, appreciate people as they are, and thus raise your own joys. Alternatively, find the people who have the behaviors you want and teach them the skills they need to be productive.

Wondering what to read next?

  1. How to Lead Sustainable Change: Vision v Results
  2. Don’t Push Employees to Change
  3. Dear Hoarder, Learn to Let Go
  4. Our Vision of What Our Parents Achieved Influences Our Life Goals: The Psychic Contract
  5. We’re All Trying to Control Others

Filed Under: Managing People, Sharpening Your Skills Tagged With: Discipline, Management, Motivation, Relationships, Social Skills

Make Decisions Using Bill Hewlett’s “Hat-Wearing Process”

September 6, 2016 By Nagesh Belludi Leave a Comment

“Reasons pro and con are not present at the same time”

My previous article about Ben Franklin’s T-Chart method in making difficult decisions quoted him mentioning this as a key challenge of fact-collecting and decision-making:

When 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.

Bill Hewlett’s “Hat-Wearing Process”

Bill Hewlett, co-founder of Hewlett-Packard (HP,) developed an effective “hat-wearing process” in his decision-making. When confronted with a challenge, Hewlett used a three-pronged approach to take the time to reflect, collect input from others, and develop a sound judgment about the matter at hand.

  1. Whenever an HP employee approached Hewlett with an innovative idea, he put on his “enthusiasm” hat. He listened, expressed enthusiasm, appreciated the creative process, and asked wide-ranging but not-too-pointed questions about the idea.
  2. A few days later, Hewlett wore his “inquisition” hat and met the inventor. Hewlett asked many pointed questions and meticulously examined the facts and the virtues. He critically examined the idea, but adjourned without a final decision.
  3. A few days later, Hewlett wore his “decision” hat and met with the inventor. Hewlett discussed his opinions and conveyed his decision with logic and sensitivity.

In a discussion about the corporate culture of enthusiasm and creativity that the founders engendered at Hewlett-Packard, cofounder David Packard recalls in The HP Way (see my review / summary) that even if the decision went against the inventor, Bill Hewlett’s “Hat-Wearing Process” provided the inventor with a sense of satisfaction that Hewlett had carefully considered the ideas.

Idea for Impact: Make Considered Decisions

Use the “hat-wearing process” to listen to and mull over facts about a decision to be made, collect input from others, develop perspective that comes only with time, and make sound, thoughtful decisions.

Compliment with Edward de Bono’s ‘Six Thinking Hats’ thought process to stimulate creativity.

Wondering what to read next?

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  5. Avoid Decision Fatigue: Don’t Let Small Decisions Destroy Your Productivity

Filed Under: Great Personalities, Leading Teams, Mental Models, Sharpening Your Skills Tagged With: Creativity, Decision-Making, Discipline, Thinking Tools, Thought Process

Don’t Push Employees to Change

July 12, 2016 By Nagesh Belludi Leave a Comment

One of managers’ most common complaints relates to their failure to persuade their employees to change.

Having high expectations of employees can lead to bitter disappointment. The frustration that comes from employees not wanting to change causes many managers to focus on their employees’ negative qualities. Such an attitude makes it easy to find errors in employee behavior, leading to more disappointment—even resentment.

Even when an employee wants to change, he often fails to because he is pulled in two directions: by a motivation to change and by a motivation to maintain the status quo. Since change is seldom as easy as we think it will be, the motivation to maintain the status quo often triumphs.

The real reason employees (and people in general) don’t change is that underneath each employee’s commitment to change, he has an underlying, even stronger commitment to something else, as identified his intrinsic motivation.

For instance, an employee who expresses a desire to earn a promotion may avoid tougher assignments on his current job because he may be anxious about not measuring up. This employee may not even be fully aware of his own opposition. Therefore, managers are best served by understanding what truly motivates (and limits) each employee—i.e. his elements of intrinsic motivation. Only then can managers, through coaching and feedback, impel the employee to change by channeling the levers of extrinsic motivation (rewards, salary raise, fame, recognition, punishment) through one of the employee’s elements of intrinsic motivation.

Idea for Impact: Trying to change people will result in frustration and futility. Employees may change for a short time, but unless they have a compelling reason for change, they will go back to their natural state. Managers must temper their expectations about changing employees. As the Buddha taught, one way to lessen disappointment in life is to learn to lower your expectations of others.

Wondering what to read next?

  1. To Inspire, Pay Attention to People: The Hawthorne Effect
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  3. Eight Ways to Keep Your Star Employees Around
  4. Direction + Autonomy = Engagement
  5. Seven Real Reasons Employees Disengage and Leave

Filed Under: Sharpening Your Skills Tagged With: Coaching, Discipline, Emotions, Employee Development, Feedback, Great Manager, Management, Mentoring, Motivation, Performance Management, Winning on the Job, Workplace

A Guaranteed Formula for Success: Identify Your #1 Priority and Finish It First

May 24, 2016 By Nagesh Belludi 1 Comment

Identify Your #1 Priority and Finish It First

“He who every morning plans the transactions of the day and follows out that plan carries a thread that will guide him through the labyrinth of the most busy life. The orderly arrangement of his time is a like a ray of life which darts itself through all his occupations. But where no plan is laid, where the disposal of time is surrendered merely to the chance of incident, chaos will soon reign.”
—Victor Hugo

“A Guaranteed Formula for Success”

A popular legend recalls a time management trick that efficiency expert Ivy Lee showed to Charles Michael Schwab (1862—1939,) the American steel magnate and President of Bethlehem Steel, then the second largest steel manufacturer in the United States.

Lee famously advised Charles Schwab and his managers to list and rank their top priorities every day, and work on tasks in the order of their importance as time allows, not proceeding until a task was completed. After implementing the suggestion, Charles Schwab famously said that Lee’s method for managing priorities had been the most profitable advice he had ever received and paid him $25,000.

When Charles Schwab was president of Bethlehem Steel, he confronted Ivy Lee, a management consultant, with an unusual challenge. “Show me a way to get more things done,” he demanded. “If it works, I will pay you anything within reason.”

Lee handed Schwab a piece of paper. “Write down the things you have to do tomorrow.”

When Schwab had completed the list, Lee said, “Now number these items in the order of their real importance.”

Schwab did, and Lee said, “The first thing tomorrow morning, start working on number one and stay with it until it’s completed. Then take number two, and don’t go any further until it’s finished or until you’ve done as much with it as you can. Then proceed to number three and so on. If you can’t complete everything on schedule, don’t worry. At least you will have taken care of the most important things before getting distracted by items of less importance.

“The secret is to do this daily. Evaluate the relative importance of the things you have to get done, establish priorities, record your plan of action, and stick to it. Do this every working day. After you have convinced yourself that this system has value, have your people try it. Test it as long as you like, and then send me a check for whatever you think the idea is worth.”

Mary Kay Ash Helped Her Beauty Consultants Juggle Spouse, Children, and Career

'You Can Have It All' by Mary Kay Ash (ISBN 0761501622) Mary Kay Ash, American beauty products entrepreneur and founder of Mary Kay Cosmetics, had a variation to this technique. In You Can Have It All, she writes:

Each night, I put together my list for the following day. If I don’t get something on my list accomplished, it goes on the next day’s list. I put the hardest or most unappealing task at the top of the list. This way, I tackle the most difficult item first, and once it’s out of the way, I feel my day is off to a good start.

Mary Kay Ash taught her cosmetics sales consultants this technique of prioritizing their work and thus avoid being stretched too thin. Most of Mary Kay’s cosmetics sales consultants were women filling multiple roles as mother, wife, and businesswoman.

We try very hard to get our consultants to organize themselves. The best way I have found is a little pad of paper we issue called “The Six Most Important Things.” I teach consultants to write down the six most important things they have to do the next day every night before they go to bed. I suggest that people organize things by priority. First, put the thing they most don’t want to do at the top. Then write down the six most important things—not sixteen, because this is frustrating, but six.

Idea for Impact: Squeeze the Most out of Your Day

The best way to start your day is by accomplishing something instead of fiddling around with email or contemplating the day’s priorities. So, every evening, before you leave the office, write down the most important tasks you’ve got to get done the next day. Leave it on your desk along with any support material you need to work on it. This will help you get rolling first thing in the morning.

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Filed Under: Living the Good Life, Sharpening Your Skills Tagged With: Discipline, Getting Things Done, Motivation, Parables, Procrastination, Simple Living, Task Management, Time Management, Winning on the Job

Do Self-Help Books Really Help?

April 5, 2016 By Nagesh Belludi 1 Comment

Do Self-Help Books Really Help?

Thousands of self-help titles are published every year with the promise of helping you lose weight, manage relationships, cope with stress, or solve personal problems. Almost all contain glowing testimonials by people whose lives have seemingly been transformed. However, taken as a whole, are self-help books merely empty assurances designed to sell a product?

Self-Help Books Bring Hope that Change is Possible

Even though self-help books have been accused of promoting the “false hope syndrome” and contain many exaggerated and untested claims, by exposing readers to a sizable dose of hope and promise, these books help readers cope with their problems and challenges, even if the books don’t necessarily make readers thin, rich, and ecstatically happy.

Self-help books can be classified as those that offer general-purpose advice (e.g. on personal growth or career success) and those that offer advice on specific, well-defined problems (e.g. transition into a management position, seeking and using advisers, managing a life transition such as pregnancy or divorce.) It is the second type of self-help books that are most effective, especially in combination with some counseling or mentoring. In fact, psychologists use the term “bibliotherapy” to identify therapy that involves reading specific texts with the purpose of healing.

A Matter of Discipline, Not Motivation

The helplessness of self-help books is not so much with the books themselves, but with the readers. Most people who buy dieting books don’t seem to lose weight. They feel no outcome whatsoever from reading the books and tend to dismiss the books as “not working.” Often, they don’t realize that losing weight and getting in shape comes not from buying and reading these books, but consuming the recommended food and practicing the weight-loss strategies and fitness regimens contained in these books.

Self-help books that offer a framework for thought and action can be effective only if readers can translate the motivation from the book to a discipline to take whatever action necessary to achieve what they desire. As I mentioned in my previous article comparing discipline and motivation, people who actually get things done are those who find a way to work at whatever they are interested in even when they do not really feel like doing it.

Idea for Impact: Self-help media (just like mentors, therapists, counselors) can motivate and teach specific skills that can produce real change, but only through discipline and regular practice.

Also, read my articles on why extrinsic motivation doesn’t work here and here.

Wondering what to read next?

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  3. The Problem with Self-Help
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  5. Thinking Straight in the Age of Overload // Book Summary of Daniel Levitin’s ‘The Organized Mind’

Filed Under: Leadership Reading, Sharpening Your Skills Tagged With: Books, Discipline, Motivation

Lessons from Sam Walton: Learning from Failure

March 29, 2016 By Nagesh Belludi Leave a Comment

Sam Walton (1918–1992) experienced failures and setbacks. And, like all successful people, the iconic founder of Walmart and Sam’s Club prided himself on learning from those experiences.

Walton’s Initial Success … and Then, in a Heartbeat, Failure

By 1950, a 32-year-old Sam Walton had established himself as a successful retailer in Newport, Arkansas. In 1945, Walton had purchased a Ben Franklin variety store and set up a five-year personal goal to make it the most profitable variety store in the region. By 1950, Walton had a record $250,000 in sales and $30,000 to $40,000 in profit (some $2.5 million in sales and $300,000 to $400,000 in profits in today’s dollars.) His success had attracted a lot of attention.

Not only that, the young Walton family—Sam, his wife Helen, and four young children—had firmly established itself in Newport. Sam and Helen were very active in the community and had taken up prominent civic and church duties.

An innocuous legal oversight cost him this success. When he had signed the lease on the property rental for his Ben Franklin variety store in 1945, thanks to inexperience and excitement at becoming a merchant, Walton had agreed to give back the landlord 5% of sales. He later discovered this was the highest any retailer had paid for rental.

More significantly, Walton had also neglected to add a clause in his lease that would give him the option to renew the lease after five years. Therefore, in 1950, when the lease on Walton’s Ben Franklin store expired, his sneaky landlord knew there was nowhere else in town for Walton to relocate his store. The landlord refused to renew Walton’s lease at any price! The landlord bought Walton’s well-established store along with its fixtures and inventory and transferred the store to his son. Walton was devastated; he had no choice but to give up his successful store. In his best-selling autobiography Made in America, Walton recalled this as the lowest point of his business life:

I felt sick to my stomach. I couldn’t believe it was happening to me. It really was like a nightmare. I had built the best variety store in the whole region and worked hard in the community, done everything right, and now I was being kicked out of town. It didn’t seem fair. I blamed myself for ever getting suckered into such an awful lease, and I was furious at the landlord. Helen, just settling in with a brand-new family of four, was heartsick at the prospect of leaving Newport. But that’s what we were going to do.

Sam Walton Was Not One to Dwell on Disasters

All the hard work he had put in to build a successful store and the earning power he had established over five years had become worthless because of an innocuous mistake. Nevertheless, Walton didn’t let this disaster get him down.

I’ve never been one to dwell on reverses, and I didn’t do so then. It’s just a corny saying that you can make a positive out of most any negative if you work at it hard enough. I’ve always thought of problems as challenges, and this one wasn’t any different. I don’t know if that experience changed me or not. I know I read my leases a lot more carefully after that, and may be I because a little wary of just how tough the world can be. Also, it may have been about then that I began encouraging our eldest boy—six-year-old Bob—to become a lawyer. But I didn’t dwell on my disappointment. The challenge at hand was simple enough to figure out. I had to pick myself up and get on with it, do it all over again, only even better this time.

This Newport experience turned out to be a blessing in disguise for Walton. His family relocated to the relatively obscure Bentonville, Arkansas, for a brand-new start. Walton started over and established himself as a retailer again—only in even bigger and better ways. In 1962, Walton decided that the future of retailing lay in discounting. His strategy of buying low, selling at a discount, and making up for low margins by moving vast amounts of inventory, made Walmart the most successful retailer ever. From 1985 until his death in 1992, he was the richest man in the world.

Successful People Learn from Failure and Get On

'Sam Walton: Made In America' by Sam Walton (ISBN 0553562835) Walton’s was a typical entrepreneurial response to failure—successful people take risks, fail sometimes, but pick themselves up, ask what they can learn from the experience, and try again, even harder the next time.

On a related note, Bill Gates, the most successful entrepreneur of his generation, once said, “Success is a lousy teacher. It seduces smart people into thinking they can’t lose.”

Complement this lesson on failure with J.K. Rowling’s reflections on the benefits of failure in her famous 2008 commencement address at Harvard: “Failure meant a stripping away of the inessential. I stopped pretending to myself that I was anything other than what I was, and began to direct all my energy into finishing the only work that mattered to me…The knowledge that you have emerged wiser and stronger from setbacks means that you are, ever after, secure in your ability to survive.”

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  4. Lessons on Adversity from Charlie Munger: Be a Survivor, Not a Victim
  5. Power Corrupts, and Power Attracts the Corruptible

Filed Under: Leadership Reading, Sharpening Your Skills Tagged With: Attitudes, Discipline, Entrepreneurs, Learning, Persistence, Personal Growth, Success

Don’t Reward A While Hoping for B

February 23, 2016 By Nagesh Belludi Leave a Comment

We do what we are rewarded for doing. We are strongly motivated by the desire to maximize the positive consequences of our actions and minimize the negative consequences. Academics identify these aspects of behavioral psychology using the monikers “expectancy theory” and “operant conditioning.”

Flawed Reward Systems

Reward systems ought to commend positive behavior and punish negative behavior. But many organizations tend to reward one type of behavior when they really call or hope for another type of behavior. For instance,

  • A manager who wants his sales force to create long-term customer relationships mustn’t reward salespeople for new business from new customers, but for retaining customers and expanding sales to them.
  • A project manager focused on work quality shouldn’t reward a team for completing a project on time.
  • At institutions of higher learning, especially at prestigious universities, a professor’s primary responsibilities ought to be teaching and advising students. However, the academic rewards systems assert that the primary ways to achieve promotion and tenure are through successful research and publishing. Hence, given the constraints of time, a professor is likely to dedicate more time to research at the expense of quality teaching. Alas, mediocre teaching isn’t censured.
  • As I described in my article on “The Duplicity of Corporate Diversity Initiatives,” managers who extol the virtues of “valuing differences” stifle individuality and actively mold their employees to conform to the workplace’s existing culture and comply with the existing ways of doing things. Compliant, acquiescent employees who look the part are promoted over exceptional, questioning employees who bring truly different perspectives to the table.

“On the folly of rewarding A, while hoping for B”

In 1975, Prof. Steven Kerr wrote a famous article titled, “On the folly of rewarding A, while hoping for B” that’s become a management classic. Over the decades, this article has been widely admired for its relevance and insight. The article (the 1975 original is here and the 1995 update is here) provides many excellent examples of situations where the reward structure subtly (or sometimes blatantly) undermines the goal. The abstract reads,

Whether dealing with monkeys, rats, or human beings, it is hardly controversial to state that most organisms seek information concerning what activities are rewarded, and then seek to do (or at least pretend to do) those things, often to the virtual exclusion of activities not rewarded. The extent to which this occurs of course will depend on the perceived attractiveness of the rewards offered, but neither operant nor expectancy theorists would quarrel with the essence of this notion.

Nevertheless, numerous examples exist of reward systems that are fouled up in that the types of behavior rewarded are those which the rewarder is trying to discourage, while the behavior desired is not being rewarded at all.

Idea for Impact: “Put Your Money Where Your Mouth Is”

If you see behavior in your organization that doesn’t seem right or doesn’t make sense, ask what the underlying reward system is encouraging. Chances are that the offending behavior makes sense to the individual doing it because of inefficiencies in your reward system.

Take stock of your reward systems. Effective systems should induce employees to pursue organizational goals by appealing to employees’ conviction (or intrinsic motivations) that they will personally benefit by doing so. To inspire employees, translate levers of extrinsic motivation at your disposal to intrinsic motivation as I elaborated in my previous article.

Idea for Impact: Make sure that you understand and clearly communicate expectations, and reward what you really want your employees to achieve. Don’t encourage a particular behavior while promoting an undesirable one through your rewards and praises.

Wondering what to read next?

  1. Why Incentives Backfire and How to Make Them Work: Summary of Uri Gneezy’s Mixed Signals
  2. Rewards and Incentives Can Backfire
  3. How to Lead Sustainable Change: Vision v Results
  4. Intentions, Not Resolutions
  5. Eight Ways to Keep Your Star Employees Around

Filed Under: Leading Teams, Managing People, Mental Models Tagged With: Discipline, Feedback, Goals, Motivation, Performance Management

Your To-Do List Isn’t a Wish List: Add to It Selectively

December 15, 2015 By Nagesh Belludi Leave a Comment

Poor time management is often not about a packed schedule as much as it is about an indecisive, unorganized, undisciplined mind that struggles with task management.

One persistent problem in time management is how people go about managing their to-do list, whether it’s a paper list, on an app/software, or just a mental record.

Unwieldy Buildup of Tasks

People find it easy to add things to their to-do lists. They tend to say yes to almost everything that is asked of them—because right when they are asked for something, saying “yes” involves nothing more than adding one more item to their already lengthy to-do lists.

What’s more, people can’t seem to complete and cross-off more than half of their to-do lists. The buildup of tasks is never-ending; for every task they complete, they tend to add a few more.

Consequently, they end up with a large, ever-growing task-list, which they postpone from one day to the next. No wonder they constantly feel besieged by work and get disheartened that there seems to be no light at the end of the tunnel.

Take Control of Your To-Do List

  • Be very conscious about your time.
  • Be very selective with what you add to your to-do list. As I mentioned in “the world’s shortest course in time management,” focus on things that you must do and avoid everything else. “An earnest purpose finds time, or makes it. It seizes on spare moments, and turns fragments to golden account,” said American Unitarian William Ellery Channing.
  • Learn to limit the demands on your time. Don’t say yes to everything that people ask of you.
  • Favor close-ended tasks over open-ended tasks. Break down complex tasks into smaller, bite-sized tasks that can be close-ended.
  • Associate everything on your to-do list with a date, time, and duration. Instead of adding a task to your to-do list, consider scheduling it on your calendar. Scheduling forces you to consider a task’s length and to confront how much time you actually have to devote to its completion.
  • Don’t tackle the tasks that you fancy instead of the ones you really need to do. Don’t focus on smaller, insignificant tasks on the pretext of making tangible progress quickly and in an attempt to avoid doing the significant projects.
  • Don’t wait for motivation to strike. Instead, discipline yourself and launch into action. As I mentioned in my article on the “10-Minute Dash” technique to overcome procrastination, action leads to motivation, which in turn leads to more action.

Wondering what to read next?

  1. How to Turn Your Procrastination Time into Productive Time
  2. How to … Kickstart Your Day with Focus & Set a Daily Highlight to Stay on Track
  3. What the Dry January Trap Shows Us About Extremes
  4. The Simple Life, The Good Life // Book Summary of Greg McKeown’s ‘Essentialism’
  5. Ask This One Question Every Morning to Find Your Focus

Filed Under: Living the Good Life, Sharpening Your Skills Tagged With: Discipline, Goals, Mindfulness, Motivation, Time Management

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About: Nagesh Belludi [hire] is a St. Petersburg, Florida-based freethinker, investor, and leadership coach. He specializes in helping executives and companies ensure that the overall quality of their decision-making benefits isn’t compromised by a lack of a big-picture understanding.

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