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Decision-Making Isn’t Black and White

October 30, 2021 By Nagesh Belludi Leave a Comment

Most decisions aren’t “good” or “bad;” most fall somewhere in the middle.

Coming to terms with this reality is a big part of allowing yourself to trust your decisions, especially when dealing with uncertainty. Besides, more thinking can’t always be better thinking.

Let go of decisions you made in the past that you weren’t entirely satisfied with. Don’t let them haunt you in the present. Don’t let them second-guess yourself after a decision has been made.

Idea for Impact: When decisions don’t work out as expected, give yourself a break. Not all bad outcomes result from bad decisions. There are positive and negative implications to everything. And that’s OK.

Wondering what to read next?

  1. How to Embrace Uncertainty and Leave Room for Doubt
  2. A Bit of Insecurity Can Help You Be Your Best Self
  3. Smart Folks are Most Susceptible to Overanalyzing and Overthinking
  4. Accidents Can Happen When You Least Expect Them: The Overconfidence Effect
  5. A Quick Way to Build Your Confidence Right Now

Filed Under: Mental Models Tagged With: Confidence, Decision-Making, Introspection, Mindfulness, Questioning, Risk, Wisdom

The Solution to a Problem Often Depends on How You State It

August 25, 2021 By Nagesh Belludi Leave a Comment

Consider a family with four drivers and one car. Being a one-car family isn’t always convenient or even pleasant. Creative solutions can’t emerge if the family asks, “How could we make the car available to everybody who needs it when they need it?” If, instead, they ask, “How can we each meet our needs without using the car?” Mom can join a carpool to work. Dad can combine his trips when he runs errands once a week. The kids can ride their bikes whenever the weather favors. If the family needs to be in two places at the same time, somebody can Uber. Coordinating can be annoying, but with a bit of flexibility and communication, getting by with one car can easily be pulled off.

Defining a problem narrowly (“How can we create a better mousetrap?”) will only get you restricted answers. When you define the issue more broadly (“How can we get rid of mice?,”) you open up a whole range of possibilities.

Idea for Impact: Revisit and redefine the problem if you can’t get through the tensions inherent in conflicting expectations. The fresh perspective can open your mind to alternative interpretations.

Wondering what to read next?

  1. Question the Now, Imagine the Next
  2. Defect Seeding: Strengthen Systems, Boost Confidence
  3. How to Solve a Problem By Standing It on Its Head
  4. What the Rise of AI Demands: Teaching the Thinking That Thinks About Thinking
  5. Disproven Hypotheses Are Useful Too

Filed Under: Mental Models, Sharpening Your Skills Tagged With: Creativity, Critical Thinking, Decision-Making, Problem Solving, Questioning, Thinking Tools, Thought Process

A Train Journey Through Philosophy: Summary of Eric Weiner’s ‘Socrates Express’

June 24, 2021 By Nagesh Belludi Leave a Comment

Journalist and author Eric Weiner’s The Socrates Express: In Search of Life Lessons from Dead Philosophers (2020) is a travelogue, memoir, and self-help book all rolled into one. It’s a distillation of the teachings of 14 great philosophers.

'Socrates Express' by Eric Weiner (ISBN 1501129015) The “Express” isn’t just part of a catchy title. Each chapter starts with a wisdom-seeking train journey that Weiner took to locations where past great philosophers lived, worked, and thought (or are studied.) This introductory vignette orients Weiner’s study of these philosophers’ concepts: how to wonder like Socrates, see like Thoreau, listen like Schopenhauer, have no regrets like Nietzsche, fight like Gandhi, grow old like Beauvoir, cope with hardship like Epictetus, and so on.

The insights resonate with a fresh vibrancy for our problems today. Gandhi (on “how to fight”) believed that individuals who resorted to violence did so from a failure of imagination. Gandhi’s most significant fight was the fight to change the way we fight. He taught that a perpetrator of violence, “unwilling to do the hard work of problem-solving, he throws a punch or reaches for a gun.”

Weiner packs just enough background details on the philosophers’ life stories and how their intellectual traditions are rooted in the context of their times. Stoicism, for example, evolved when ancient Greece’s city-states were facing sociopolitical uncertainty.

The slave-turned-philosopher Epictetus distilled Stoicism to its essence with the dictum, “Some things are up to us, and some are not up to us.” Weiner writes, “Most of what happens in our life is not up to us, except our internal reactions to those events. The Stoics have a word for anything that lies beyond our control: “indifferents.” … Their presence doesn’t add one iota to our character or our happiness. They are neither good nor bad. The Stoic, therefore, is “indifferent” to them.”

Indifference, thus, is an empowering philosophy. With outward events, we are less powerful than we think, but with our reactions, we’re much more powerful.

There’s a scene in the movie Lawrence of Arabia where Lawrence, played by Peter O’Toole, calmly extinguishes a match between his thumb and forefinger.

A fellow officer tries it himself, and squeals in pain. “Ouch, it damn well hurts,” he says.

“Certainly it hurts,” replies Lawrence.

“Well, what’s the trick, then?”

“The trick,” says Lawrence, “is not minding that it hurts.”

Lawrence’s response was Stoic. Sure, he felt the pain, yet it remained a raw sensory sensation, a reflex. It never metastasized into a full-blown emotion. Lawrence didn’t mind the pain, in the literal sense of the word: he didn’t allow his mind to experience, and amplify, what his body had felt.

Socrates Express won’t be the most exhaustive philosophy book we can access. Moreover, as we read through, it’s helpful to have some prior appreciation for what we’re reading. For philosophers we’ve studied best, Weiner’s prose will reiterate the key findings. (That was Gandhi, Epictetus, Thoreau, Confucius, and Aurelius, for me.) The other chapters will seem comparatively less insightful.

Ultimately, Weiner reminds what we should be really looking for isn’t knowledge but wisdom. The difference, he says, is that, while information is a jumble of facts and knowledge is a more organized clutter of facts, wisdom is something else altogether. Wisdom “untangles the facts, makes sense of them and crucially, suggests how best to use them.” Put succinctly, “knowledge knows. Wisdom sees.”

Weiner’s prose meanders, it ventures down sidetracks, it stops frequently, it staggers, and it distracts. And it never arrives anywhere. And that’s the whole point. “The Socrates Express” begins in wonder—as does philosophy. The journey never ends—the quest for wisdom is ongoing. By the end, if, at Weiner’s prompting, philosophic thought has done its best, the curiosity of the journey has evoked remains.

Recommendation: Read Eric Weiner’s Socrates Express. It’s an engaging reminder that many philosophical systems are not just academic abstractions whose real meaning is lost in the minutiae.

Weiner’s prose invites us to start “questioning not only what we know but who we are, in hopes of eliciting a radical shift in perspective.” Socrates Express is a reminder that philosophy ultimately isn’t a cure-all for our current or future woes. Instead, philosophy is worthwhile because it builds immunity against negligent judgments and unentitled certitude. And it’s as relevant today as it’s ever been.

Wondering what to read next?

  1. Why Philosophy Matters
  2. Gandhi on the Doctrine of Ahimsa + Non-Violence in Buddhism
  3. Conscience is A Flawed Compass
  4. Was the Buddha a God or a Superhuman?
  5. What a Daily Stoic Practice Actually Looks Like

Filed Under: Living the Good Life, Mental Models Tagged With: Ethics, Gandhi, Philosophy, Questioning, Stoicism, Virtues

The Unlikely Barrier to True Diversity

May 31, 2021 By Nagesh Belludi Leave a Comment

As much as companies like to tout diversity, the definitive rule of getting ahead at work is to be likable—to follow the unwritten set of norms and adhere to your company’s culture. That is, you must fit and mix well with the rest of the “gang.”

As I’ve written before, likeability is a significant predictor of success. Well-liked people, especially those who work well with others, will advance. Those who aren’t very likable don’t usually get as far. If your company is conservative, you should be conservative. If the leadership is aggressive, snappy, and rule-bending, be the same. It’s better to be “one of them” to progress your career and endear yourself to your colleagues and higher-ups.

Every grouping of people, whatever the institution, community, or population, has an unwritten set of norms. It’s true for nations, in social groups, sports teams, and businesses. Wherever people form a group, they organically form rules. They institutionalize ways of doing things, traditions, and unquestioned assumptions. Such norms give the group a sense of identity. It’s natural. It’s tribe mentality. We, humans, are social creatures, and this is how we foster a sense of belonging.

Affinity Bias

Per affinity bias, human nature is such that people instinctively associate other people with labels, relate, and play favorites. Groups establish the norms and embrace and propagate them. The resulting categorization not only resists differences but also initiates prejudice and favoritism.

In professional settings, most workplaces tend to hire similar people and encourage them to think and work in the same way. I’ve previously written,

Even if nearly all corporate mission statements extol the virtues of “valuing differences,” managers stifle individuality down in the trenches. They are less willing to be receptive to different viewpoints. They seek to mold their employees to conform to the existing culture of the workplace and to comply with the existing ways of doing things. Compliant, acquiescent employees who look the part are promoted in preference to exceptional, questioning employees who bring truly different perspectives to the table. The nail that sticks its head up indeed gets hammered down.

Defining, fostering, and defending a corporate culture often becomes an exercise in clarifying ‘this is who we are’ and ‘this is who we are not.’ It engenders a strong norm, which builds an even more significant incentive to get people to think alike, get on, and tolerate or repel incompatible people.

Idea for Impact: Culture is a Barrier to Diversity and Inclusion

Culture is the unlikely—if unintentional—barrier to true diversity. Culture has a pernicious effect on hiring. It gives people ample reason to favor and engage who they believe to be “the right people.”

Wondering what to read next?

  1. The Duplicity of Corporate Diversity Initiatives
  2. Why You May Be Overlooking Your Best Talent
  3. The Double-Edged Sword of a Strong Organizational Culture
  4. Don’t Manage with Fear
  5. The Business of Popular Causes

Filed Under: Leadership, Leading Teams Tagged With: Diversity, Group Dynamics, Hiring & Firing, Introspection, Persuasion, Questioning, Relationships, Workplace

Three Lessons from Clayton Christensen’s ‘How Will You Measure Your Life?’

March 22, 2021 By Nagesh Belludi Leave a Comment

Each term, on the last day of his management class, Harvard strategy professor Clayton M. Christensen had the habit of asking his students to apply the principles of management business to their personal lives.

'How Will You Measure Your Life' by Clayton M. Christensen (ISBN 0062102419) “Don’t reserve your best business thinking for your career,” he would push them to ask the difficult questions and pursue purpose and meaning in their careers and their personal lives.

Toward the end of his life, after suffering a stroke and contracting cancer, Christensen published a Harvard Business Review article, which he expanded as How Will You Measure Your Life (2012.) This New York Times bestseller struck a chord with many business leaders, especially in favor of Christensen’s reflections on pursuing fulfillment.

Lesson #1: Don’t over-invest in work or under-invest in relationships.

Christensen talks about various motivators at work and encourages you to think about how you want to be remembered. He argues that ultimately your most significant sources of joy in life will be your family and your close friends. Devote time to these relationships, and they’ll enrich your life:

The relationships you have with family and close friends are going to be the most important sources of happiness in your life. But you have to be careful. When it seems like everything at home is going well, you will be lulled into believing that you can put your investments in these relationships on the back burner. That would be an enormous mistake. By the time serious problems arise in those relationships, it often is too late to repair them.

Lesson #2: Don’t lose track of the essential things. Allocate resources appropriately.

Christensen recalls some of his business school classmates entered the school with a noble cause—many of them wanted to change the world. But when they graduated with student debt, they took jobs for money to pay off their debts. And that was just going to be a temporary thing. But, over time, they got caught up in their careers, making money and chasing possessions. Their original pursuit of the noble cause petered out and, along the way, they lost track of what was important in their lives.

Christensen encourages building and implementing strategies in your career and your personal life to achieve your goals. The underlying tenet of that success is how you allocate your time, money, and other resources. How you spend these resources will determine your life’s outcomes.

How you allocate your resources is where the rubber meets the road. Real strategy—in companies and in our lives—is created through hundreds of everyday decisions about where we spend our resources. As you’re living your life from day to day, how do you make sure you’re heading in the right direction? Watch where your resources flow. If they’re not supporting the strategy you’ve decided upon, then you’re not implementing that strategy at all.

Lesson #3: “Decide what you stand for. And then stand for it all the time.”

Three lessons from Clayton Christensen's 'How Will You Measure Your Life?' Christensen tells a story from his college days when he played university basketball. His team worked hard all season and made it to the finals of some big tournament. The championship game was scheduled on a Sunday. For Christensen, a deeply religious Mormon, playing on the Sabbath (the “seventh day”) was against his religious beliefs.

Christensen did not comply with the coach’s demand to break the Sabbath statute “just this one time” for the big game. Christensen did not want to violate his religious principles. His team won the tournament anyway.

Because life is just one unending stream of extenuating circumstances. Had I crossed the line that one time, I would have done it over and over and over in the years that followed. … Many of us have convinced ourselves that we are able to break our own personal rules “just this once.” In our minds, we can justify these small choices. None of those things, when they first happen, feels like a life-changing decision. The marginal costs are almost always low. However, each of those decisions can roll up into a much bigger picture, turning you into the kind of person you never wanted to be. If you give in to “just this once,” based on a marginal-cost analysis, you’ll regret where you end up. It’s easier to hold to your principles 100 percent of the time than it is to hold to them 98 percent of the time.

Idea for Impact: Intentionally choose the kind of person you want to become. Commit to that path.

Read Clayton M. Christensen’s How Will You Measure Your Life (2012.) It’s not a long book—perhaps overly worded in parts—but it’s a intense and thought-provoking book.

Christensen and his co-authors don’t provide answers. Instead they present guiding principles that make you put things in perspective and help you become intentional about building a contented life. The parallels between running a successful business and running life are worthwhile.

Wondering what to read next?

  1. Buddhism is Really a Study of the Self
  2. What Do You Want to Be Remembered for?
  3. Two Questions for a More Intentional Life
  4. The Dance of Time, The Art of Presence
  5. What Is the Point of Life, If Only to Be Forgotten?

Filed Under: Living the Good Life Tagged With: Legacy, Life Plan, Life Purpose, Meaning, Philosophy, Questioning

How to Avoid Magical Thinking

February 22, 2021 By Nagesh Belludi Leave a Comment

Magical thinking remains a subtle impediment to making sound decisions. The more you examine yourself, the more you can reduce your tendency to indulge in it.

Discover the truth for yourself. Beware of the tendency to let others think for you. Don’t believe what your parents, teachers, counselors, mentors, priests, and authorities of all inclinations have taught you from an early age. (The best predictor of people’s spiritual beliefs is the religiosity of their parents.) Question others’ underlying premises and discover for yourself what’s reasonable. Force yourself to test for alternatives.

Don’t believe what you want to believe is true. Many people believe in UFOs and ghosts, even when there’s no credible verification for any visitation from outer space or dead souls haunting abandoned buildings. Often, misinformation is cunningly designed to evade careful analytical reasoning—it can easily slip under the radar of even the most well-informed people. Shun blind optimism.

Consciously identify your biases and adverse instincts. Psychologists have identified more than 100 cognitive biases that can get in the way of clear and rational thinking. Explore how those biases could come into play in your thinking. Try to determine their motive. Work to extricate yourself from them to the best of your ability.

Demand proof when the facts seem demonstrable. Remain intellectually agnostic toward what hasn’t been established scientifically or isn’t provable. If you can’t determine if something is true or it isn’t, suspend judgment. Beware of anecdotes—emotionally swaying stories in particular—they are the weakest form of evidence.

Don’t believe in something that isn’t true just because there’s a practical reason to. If you feel emotionally inclined to believe in something because it gives you hope, comfort, and the illusion of control, identify your belief as just that. Faith is often no more than an inclination that’s not withstood the tests of reason. The process of faith is an absence of doubt. There’ll always be people who reject evolution for reasons that have little to do with evolution. Don’t act with more confidence in unproven theories than is justifiable.

Idea for Impact: Be wary of the influences that can put you at risk for magical thinking.

Give critical thinking and systematic evidence the central role in how you understand the world. Improving the criteria you use to judge the truth of things is difficult—but it’s of the essence. Have an unvarying, well-balanced degree of skepticism about everything, especially your own postulations.

Wondering what to read next?

  1. Question Success More Than Failure
  2. In Praise of Inner Voices: A Powerful Tool for Smarter Decisions
  3. To Make an Effective Argument, Explain Your Opponent’s Perspective
  4. Imagine a Better Response
  5. What the Rise of AI Demands: Teaching the Thinking That Thinks About Thinking

Filed Under: Mental Models, Sharpening Your Skills Tagged With: Critical Thinking, Introspection, Mindfulness, Persuasion, Questioning, Thinking Tools, Thought Process

How to Embrace Uncertainty and Leave Room for Doubt

September 7, 2020 By Nagesh Belludi Leave a Comment


The value of sound decision-making is to be mainly sought from embracing uncertainty.

As the Presocratic philosopher Xenophanes proclaimed, “All we have is but a woven web of guesses.”

The physicist Richard P. Feynman often talked about how doubt informs critical thinking and learning. In a 1964 lecture on “What Is and What Should Be the Role of Scientific Culture in Modern Society,” published in The Pleasure of Finding Things Out (1999,) Feynman warned,

A scientist is never certain. We all know that. We know that all our statements are approximate statements with different degrees of certainty; that when a statement is made, the question is not whether it is true or false but rather how likely it is to be true or false. … Scientific knowledge is a body of statements of varying degrees of certainty — some most unsure, some nearly sure, none absolutely certain.

Science produces ignorance, and ignorance produces more science, reminded Feynman in a 1963 lecture on “The Uncertainty of Science” published in The Meaning of It All (1999,)

To solve any problem that has never been solved before, you have to leave the door to the unknown ajar. You have to permit the possibility that you do not have it exactly right. Otherwise, if you have made up your mind already, you might not solve it.

When the scientist tells you he does not know the answer, he is an ignorant man. When he tells you he has a hunch about how it is going to work, he is uncertain about it. When he is pretty sure of how it is going to work, and he tells you, “This is the way it’s going to work, I’ll bet,” he still is in some doubt. And it is of paramount importance, in order to make progress, that we recognize this ignorance and this doubt. Because we have the doubt, we then propose looking in new directions for new ideas. The rate of the development of science is not the rate at which you make observations alone but, much more important, the rate at which you create new things to test.

The Czechoslovakia-born Israeli American scientist Itzhak Bentov formulated the so-called “Bentov’s Law,” reiterating that science produces ignorance both deliberately and unintentionally. In Stalking the Wild Pendulum: On the Mechanics of Consciousness (1977,) Bentov wrote,

One’s level of ignorance increases exponentially with accumulated knowledge. When one acquires a bit of new information, there are many new questions that are generated by it, and each new piece of information breeds five-ten new questions. These questions pile up at a much faster rate than does accumulated knowledge. Therefore, the more one knows, the greater his level of ignorance.

Idea for Impact: If you can’t tolerate uncertainty and ambiguity, you may as well embrace a fanatical ideology.

Learning the boundaries of your knowledge—the shortcomings, caveats, hedges, and the standard deviations toward everything you think you know—hones decision-making.

In other words, to get to the right answers, you first have to ask the right questions. So the first thing is to ponder about is what questions to ask and how to ask them. What are the things you don’t know, and how can you reach out into these areas that may be new to you to uncover somethings about the world and yourself?

Once you discover the answers, you’ll realize that approximate statements and varying degrees of certainty will require you to think probabilistically. Your inquiry shouldn’t be, “Will I be right, or will I be wrong?” but rather “What is the probability of this scenario versus that, and how does this judgment impact my choices?”

Leave room for doubt, even in your highest conviction ideas. If not, you’ll risk becoming smug and self-satisfied.

Wondering what to read next?

  1. Decision-Making Isn’t Black and White
  2. It’s Probably Not as Bad as You Think
  3. A Bit of Insecurity Can Help You Be Your Best Self
  4. Smart Folks are Most Susceptible to Overanalyzing and Overthinking
  5. Accidents Can Happen When You Least Expect Them: The Overconfidence Effect

Filed Under: Mental Models, Sharpening Your Skills Tagged With: Confidence, Conviction, Decision-Making, Introspection, Mindfulness, Questioning, Risk, Wisdom

The Power of Asking Open-Ended Questions

August 24, 2020 By Nagesh Belludi Leave a Comment

When Bill Gates first met Warren Buffett, Gates was dazzled particularly by how Buffett asked open-ended “big questions”:

I have to admit, when I first met Warren, the fact that he had this framework was a real surprise to me. I met him at a dinner my mother had put together. On my way there, I thought, “Why would I want to meet this guy who picks stocks?” I thought he just used various market-related things—like volume, or how the price had changed over time—to make his decisions. But when we started talking that day, he didn’t ask me about any of those things. Instead he started asking big questions about the fundamentals of our business. “Why can’t IBM do what Microsoft does? Why has Microsoft been so profitable?” That’s when I realized he thought about business in a much more profound way than I’d given him credit for.

“What are My Questions?”

Asking great questions is a skill, but doesn’t come as you would expect. One contributing factor is that, with age, education, and experience, we become conditioned to cogitate in very rigid terms. Heuristics and mental shortcuts become deep-seated and instinctual to allow for faster problem-solving and programmed decision-making.

Idea for Impact: Don’t ask the same questions most people ask. The smartest people I know don’t begin with answers; they start by asking, “what are our questions?”

Make inquiries using open-ended questions that can’t be answered with a ‘yes’ or ‘no.’ Effective questions will help you think deeper, generate meaningful explorations, and yield far more interesting insights.

Wondering what to read next?

  1. The Solution to a Problem Often Depends on How You State It
  2. The Trickery of Leading Questions
  3. That Burning “What If” Question
  4. Don’t Ruminate Endlessly
  5. Ask This One Question Every Morning to Find Your Focus

Filed Under: Mental Models, Sharpening Your Skills Tagged With: Asking Questions, Decision-Making, Questioning, Thought Process

Let the Buddha Help You Appreciate the Role of Questions in Inquiry

March 19, 2020 By Nagesh Belludi Leave a Comment

The Athenian philosopher Socrates used a dialogic teaching method, now known as “Socratic Questioning.”

Socrates famously observed, “I know one thing, that I know nothing.” He habitually posed of ignorance even though he knew more about any subject matter than he let on. He led his pupils through a sequence of questions—not to test or assess them, but to draw out their “tacit knowledge.” According to Plato, Socrates assumed that a pupil already possesses the knowledge or the understanding, but is not aware of this until a skillful teacher can help the pupil draw it out of himself using leading questions.

In his dialogues, Socrates imparted no information about the subject of inquiry, but systematically asked questions. By responding to Socrates’s teased-out line of thinking, the pupils eventually arrived at the desired knowledge.

The Buddha’s Socratic Questioning Technique

Discoursing about finding cognizance through systematic inquiry, the Zen priest and poet Norman Fischer explains how the Buddha, like Socrates, used questions to help his disciples reveal the truth:

Buddha talked not because he was particularly loquacious, or because he was given to elaborate explanations, but in order to help people see through the smoke screen of their own language and views. Once someone asked him for his secret in answering questions as effectively as he did. He said that he had four ways of answering questions.

  • One way was categorically—just to say yes or no without ambiguity.
  • The second way was to examine the question analytically, clarifying definitions and trying to determine what was actually being said, usually by deconstructing it. Most of the time when the Buddha employed this method there was no need to answer the question: under analysis the question proved meaningless.
  • The third way was by posing a counterquestion, the purpose of which was to bring the questioner back to his or her own mind, redirecting attention away from the entanglement of the language of the question to something real that stood behind it.
  • The fourth way was simply to put the question aside, knowing that some questions are so hopelessly entangled that to take them up at all means beating your head against a wall—there is no end to it and you end up with a bloody head. To put the question aside is simply to walk around the wall. This way you can get to the other side without beating your head bloody. So sometimes the Buddha’s response to a question was silence.

Idea for Impact: Rational Inquiry is Driven by Questions

Become skilled at how to facilitate critical thinking with the Socratic Questioning technique. I recommend Richard Paul and Linda Elder’s excellent The Thinker’s Guide to the Art of Socratic Questioning (2006; excerpt.) Here’s a handy primer on the nine types of Socratic Questions.

With patience and loving-kindness, ask questions in such a way that can skillfully lead your interlocutors to a better understanding of themselves. Help them cross-examine and uncover the inconsistencies and errors of their thinking, and even change their mind—all without arguing with them.

You can also use Socratic Questioning for self-reflection, which in itself is a rhetorical device to discover the true self. Engage yourself in contemplation not to judge your past choices, but to ponder on them, learn from them, and make whatever changes you believe are right for you in the here and now.

Wondering what to read next?

  1. How to Embrace Uncertainty and Leave Room for Doubt
  2. Question Success More Than Failure
  3. Decision-Making Isn’t Black and White
  4. Imagine a Better Response
  5. Get Everything Out of Your Head

Filed Under: Career Development, Ideas and Insights Tagged With: Introspection, Mindfulness, Parables, Questioning, Wisdom

Question Success More Than Failure

March 5, 2020 By Nagesh Belludi Leave a Comment

Katrina “Kat” Cole, formerly CEO of the American baked goods-chain Cinnabon, in an interview for Adam Bryant’s “Corner Office” column in the New York Times:

I’ve learned to question success a lot more than failure. I’ll ask more questions when sales are up than I do when they’re down. I ask more questions when things seem to be moving smoothly, because I’m thinking: “There’s got to be something I don’t know. There’s always something.” This approach means that people don’t feel beat up for failing, but they should feel very concerned if they don’t understand why they’re successful. I made mistakes over the years that taught me to ask those questions.

People tend to attribute failure to external factors and success to their own abilities and performance (see self-serving bias and Dunning-Kruger effect.) The human brain is indeed riddled with cognitive and memory biases that are conducive to making people feel like they’re good and capable, regardless of reality.

Idea for Impact: Luck is so much more important than we acknowledge. Most successes and failures in life combine both skill and luck. Understanding the relative contributions of skill and luck in failure—and success, as Cole suggests above—can help you judge past and present results and, more significantly, prepare for future results.

Wondering what to read next?

  1. How to Avoid Magical Thinking
  2. Admit When You Don’t Have All the Answers
  3. Accidents Can Happen When You Least Expect Them: The Overconfidence Effect
  4. In Praise of Inner Voices: A Powerful Tool for Smarter Decisions
  5. Gambler’s Fallacy is the Failure to Realize How Randomness Rules Our World

Filed Under: Mental Models, Sharpening Your Skills Tagged With: Attitudes, Biases, Critical Thinking, Humility, Introspection, Luck, Mindfulness, Questioning, Thinking Tools, Wisdom

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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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