Bizz Skill Track 1 Notes
Bizz Skill Track 1 Notes
Index
2. Mindfulness 60
Problems with System 1 can arise for a variety of reasons including flawed
memories and hindsight bias. Hindsight bias is when we assess the quality of a
decision not by the soundness of the process, but by the outcome - and luck can
play a role so that a poor process can still lead to a good outcome.
How to make System 1 work for you? Plan, prepare and practice. Make it so
your fast decision is based on a sound process and won't be derailed by an
instinct to jump to a flawed conclusion based on limited evidence.
Footnote: If you're a Michael Lewis fan, (Liar's Poker, Moneyball, The Big
Short, Flashboys), his 2016 book, The Undoing Project, is about Kahneman and
Amos Tversky, their backgrounds, and their work together in economics and
psychology.
No More Bad Decisions: Improve Decision Making 2
by Involving Others
The director of new channel sales had just presented her team members with
ideas for a campaign to increase market share. She looked at them for a
response. Some looked bewildered, one looked angry and a couple avoided her
gaze. Dead silence.
Finally responses seeped out. The packaging liaison assured her that the
elaborate packaging couldn’t make the holiday deadline. Marketing
emphatically informed her that retailers would have to approve the coupon
discounts requiring a series of meetings. Finance delivered the coup de grâce.
The two key products in the offer would undermine the sales needed to make
their individual revenue targets.
You have probably attended decision-making sessions where someone had a pet
alternative and fought to push it through. A good decision process never begins
with alternatives. The actual methodology for decision-making never changes.
The best decision makers look at three critical factors and always approach
them in the same order:
1. Set Objectives. Start with objectives, by asking: What are we trying to
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accomplish? What are the results we are trying to achieve? This paves the way
for honest, open discussion and eliminates jumping to alternatives.
2. Identify Alternatives. Only after a clear, specific set of objectives has been
agreed upon are alternatives discussed. At this point each alternative can be
evaluated against the objectives and the most suitable ones can be explored.
3. Manage Risk. The possible choices can be evaluated in terms of risk. What
could go wrong if an alternative is selected and how likely is that to happen?
The final choice is made only after all three elements have been considered in
the right order.
Unilateral, top-down decision-making was once the norm. Today work is done
largely in projects and decisions are made in groups. But who should be
involved? Leaders must learn to involve the right people, in the right way and at
the right time.
How different her decision would have been if, before beginning her decision
process, the director of new channel sales had considered who should be
involved—and how and when. She would have had the information and the
perspectives needed to make a more considered, well-balanced choice.
Involving others in decisions
For different decisions, different people need to be involved, at different levels
of involvement and at various times in the process. Leaders at every level need
to involve others in decision-making for a number of reasons:
To come up with creative alternatives. Leaders often think they are so close to
the issue that they have the best answers—failing to realize that distance can
provide perspective. People at other levels or functions in an organization can
spot innovative alternatives that might not enter the leader’s vision. If the
director of new channel sales had shared her objective and challenged the team
to increase revenue by two percent during the holiday season, the team might
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have identified effective alternatives. In addition, because they were not
consulted, team members were hesitant when they were finally asked for their
input.
To gain commitment. There are decisions that a leader can make alone. A leader
may be tempted to cut to the chase and sometimes it makes sense. But it makes
sense to ask: Will my team commit to my decision if I have not included them
in the process? The key to success is flawless implementation. If people are
resentful, do not agree, or do not understand the course of action, they are
unlikely to carry out the implementation process with enthusiasm or attention to
detail. Thoughtful leaders make an effort to at least communicate the major
elements that went into the choice to those affected.
Facilitator will also ensure that the group stays focused on the problem at hand.
And coaches them through the solution identification and selection process. All
this via a series of small, manageable steps.
Next, list the unknowns that users face while surrounding the problem. And
track what information is yet to be uncovered. This information can aid in
finding proposed solutions. Also, take note of any future events that may impact
the management. This might fall outside of the current scope of your solution.
But will prove important for future iterations of the decision making process.
Build a success model and uncover alternative solutions 6
Rather than dwelling on negative impacts of the current problem, decision
makers should focus on finding a solution. It’s easy to fall down a rabbit hole of
pessimism when the focus is entirely negative. Instead, focus on what is
contributing to the problem. It will allow members of the systems to provide
their unique perspectives. And reveal more ideas for alternative software
solutions in the next phase of the process.
Collect data
It is time to collect data to support proposed solutions. Problem is clearly
defined for individual systems in the first step & then the business impact is
deliberated upon.
One mistake that many engineering teams make is to collect any and all data
points. Whether they’re directly related to the problem at hand or not. Because
too much extraneous data only clouds the team’s ability to stay away from
conflict.
Team should weigh value of the collected data against the ability to support the
predefined measures of success. Include only data that is critical to collaborative
decision-making in the evaluation and selection process. The facilitator can
assist the team in focusing on the effort to support the process goal.
An effective implementation plan considers the goal and other factors, and
works backward to create actionable steps to set the solution into motion.
Your team shouldn’t be alarmed if they uncover previously unforeseen barriers
as they build the implementation plan. This is a common occurrence in the
implementation phase. Address any potential issues with the same collaborative
decision making process one would follow for features.
Organizations of all types and sizes stand to benefit from a collaborative
approach to decision making that consults all factors from a knowledge
repository. In today’s competitive marketplace, engineering teams must
approach problem-solving in new ways and avoid the pitfalls of uncertainty,
disagreement and chaos. The facilitated, collaborative methodology of a group-
driven decision tool is the shortest path to lasting problem resolution and a
strong culture of teamwork.
© iStockphoto
Henrik5000
Do the benefits justify the cost?
Imagine that you've recently taken on a new project, and your people are
struggling to keep up with the increased workload.
You are therefore considering whether to hire a new team member. Clearly, the
benefits of hiring a new person need to significantly outweigh the associated
costs.
This is where Cost-Benefit Analysis is useful.
Note:
CBA is a quick and simple technique that you can use for non-critical financial
decisions. Where decisions are mission-critical, or large sums of money are
involved, other approaches – such as use of Net Present Values and Internal
Rates of Return – are often more appropriate.
However, bear in mind that it is best for making quick and simple financial
decisions. More robust approaches are commonly used for more complex,
business-critical or high cost decisions.
To do this, calculate your total costs and your total benefits, and compare the
two values to determine whether your benefits outweigh your costs. At this
stage it's important to consider the payback time, to find out how long it will
take for you to reach the break even point – the point in time at which the
benefits have just repaid the costs.
For simple examples, where the same benefits are received each period, you can
calculate the payback period by dividing the projected total cost of the project
by the projected total revenues:
Total cost / total revenue (or benefits) = length of time (payback period).
Example
Custom Graphic Works has been operating for just over a year, and sales are
exceeding targets. Currently, two designers are working full-time, and the
owner is considering increasing capacity to meet demand. (This would involve
leasing more space and hiring two new designers.)
He decides to complete a Cost-Benefit Analysis to explore his choices.
Assumptions
● Currently, the owner of the company has more work than he can
cope with, and he is outsourcing to other design firms at a cost of $50
an hour. The company outsources an average of 100 hours of work
each month.
● He estimates that revenue will increase by 50 percent with
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increased capacity.
Costs
Category Details Cost in First
Year
Lease. 750 square feet available next door at $13,500
$18 per square foot
Leasehold Knock out walls and reconfigure $15,000
improvements. office space
Hire two more Salary, including benefits $75,000
designers. Recruitment costs $11,250
Orientation and training $3,000
Two additional Furniture and hardware $6,000
workstations. Software licenses $1,000
Construction Two weeks at approximately $7,500 $15,000
downtime. revenue per week
Total $139,750
Benefits
Inevitably, the estimates of the benefit are subjective, and there is a degree of
uncertainty associated with the anticipated revenue increase. Despite this, the
owner of Custom Graphic Works decides to go ahead with the expansion and
hiring, given the extent to which the benefits outweigh the costs within the first
year.
Key Points
Cost-benefit analysis is a relatively straightforward tool for deciding whether to
pursue a project.
To use the tool, first list all the anticipated costs associated with the project, and
then estimate the benefits that you'll receive from it.
Where benefits are received over time, work out the time it will take for the
benefits to repay the costs.
You can carry out an analysis using only financial costs and benefits. However,
you may decide to include intangible items within the analysis. As you must
estimate a value for these items, this inevitably brings more subjectivity into the
process.
● Pugh matrix
● Decision grid
● Opportunity analysis
● Multi-attribute utility theory
● Grid analysis
● Problem selection matrix 15
● Criteria rating form
● Problem selection matrix
Another type of decision-making matrix is the Eisenhower matrix, but it focuses
on identifying and ranking personal priorities, rather than major business
decisions. Although some basic calculations are involved, the concept and
application are fairly simple and straightforward.
Lucidchart’s ready-made decision matrix template can help you get started right
away. With rich features like data linking and conditional formatting, you can
customize your templates to help you identify the best solution faster.
The decision matrix is organized into a table of rows and columns. The rows list
out the potential options and the columns outline the various factors or decision
making criteria to consider.
2. Brainstorm criteria
With your table and options outlined, you can now brainstorm what factors or
criteria you will use. Common criteria for business decisions include:
● Cost
● Return on investment
● Buy-in (from team or customers)
● Impact on other systems
● Needed resources (time, money, people)
● Ease of implementation
● Value to customer
● Potential problems or negative consequences
● Urgency of the problem 18
If applicable, involve customers or other stakeholders to help you narrow the list
of evaluative criteria to only the most important.
As you deliberate, identify which attributes the final decision must have. This
will help you eliminate choices early on that don’t fit your requirements.
For our example, you might consider the following criteria or requirements:
Method 1: Rate criteria on a scale (typically 1-3 or 1-5). The higher the number,
the better that criterion matches the option.
Method 2: Rank-order the options across the criteria. For each criterion, rank
your options based on how well they each meet the requirement (1 being low or
least desirable).
Method 3: Use the Pugh matrix method and compare your options against a
baseline. Your baseline can either be one of the options under consideration or it
can be the existing solution your team or company is using and planning to
replace. For each criterion, rate the option against the baseline as worse (-1),
same (0), or better (+1).
To apply the Pugh matrix method to the restaurant example, let’s say the
rankings break down something like this:
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In our example, after multiplying each option against the weights of your
criterion, the winning score is the Japanese restaurant.
Also called: Pugh matrix, decision grid, selection matrix or grid, problem
matrix, problem selection matrix, opportunity analysis, solution matrix, criteria
rating form, criteria-based matrix
A decision matrix evaluates and prioritizes a list of options and is a decision-
making tool. The team first establishes a list of weighted criteria and then
evaluates each option against those criteria. This is a variation of the L-shaped
matrix.
When To Use A Decision Matrix 22
Discuss and refine the list of criteria. Identify any criteria that must be included
and any that must not be included. Reduce the list of criteria to those that the
team believes are most important. Tools such as list reduction and multivoting
may be useful.
Assign a relative weight to each criterion, based on how important that criterion
is to the situation. This can be done in two ways:
By distributing 10 points among the criteria, based on team discussion
and consensus.
By each member assigning weights, then the numbers for each criterion
for a composite team weighting.
Draw an L-shaped matrix. Write the criteria and their weights as labels along
one edge and the list of options along the other edge. Typically, the group with
fewer items occupies the vertical edge.
Evaluate each choice against the criteria. There are three ways to do this:
Method 1: Establish a rating scale for each criterion. Some options are:
It is important that your rating scales are consistent. Word your criteria and set
the scales so that the high end of the scale (5 or 3) is always the rating that
would tend to make you select that option: greatest impact on customers,
greatest importance, least difficulty, greatest likelihood of success.
Method 2: For each criterion, rank-order all options according to how well each
meets the criterion. Number them with 1 being the option that is least desirable
according to that criterion.
Method 3 (Pugh matrix): Establish a baseline, which may be one of the
alternatives or the current product or service. For each criterion, rate each other
alternative in comparison to the baseline, using scores of worse (-1), same (0),
or better (+1). Finer rating scales can be used, such as 2, 1, 0, -1, -2 for a five-
point scale or 3, 2, 1, 0, -1, -2, -3 for a seven-point scale. Again, be sure that
positive numbers reflect desirable ratings.
Multiply each option’s rating by the weight. Add the points for each option. The
option with the highest score will not necessarily be the one to choose, but the
relative scores can generate meaningful discussion and lead the team toward
consensus
The criteria they identified are "Customer pain" (how much does this negatively
affect the customer?), "Ease to solve," "Effect on other systems," and "Speed to
solve." Originally, the criteria "Ease to solve" was written as "Difficulty to
solve," but that wording reversed the rating scale. With the current wording, a
high rating on each criterion defines a state that would encourage selecting the
problem: high customer pain, very easy to solve, high effect on other systems,
and quick solution.
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"Customer pain" has been weighted with 5 points, showing that the team
considers it by far the most important criterion, compared to 1 or 2 points for
the others.
The team chose a rating scale of high = 3, medium = 2, and low = 1 and used it
for the problem. "Customers wait for food." In this example, the customer pain
is medium (2), because the restaurant ambiance is nice. This problem would not
be easy to solve (low ease = 1), as it involves both waiters and kitchen staff. The
effect on other systems is medium (2), because waiters have to make several
trips to the kitchen. The problem will take a while to solve (low speed = 1), as
the kitchen is cramped and inflexible.
Each rating is multiplied by the weight for that criterion. For example,
"Customer pain" (weight of 5) for "Customers wait for host" rates high (3) for a
score of 15. The scores are added across the rows to obtain a total for each
problem. "Customers wait for host" has the highest score at 28. Since the next
highest score is 18, the host problem probably should be addressed first.
Decision Matrix Considerations 25
A very long list of options can first be shortened with a tool such as list
reduction or multivoting.
Criteria that are often used fall under the general categories of
effectiveness, feasibility, capability, cost, time required, and support or
enthusiasm (of team and of others). Other commonly used criteria
include:
Financial payback
Urgency of problem
Difficulty of solving
Time required to solve
Ease of implementation
Training factors
Potential effects on other systems
Value to customer
Potential problems during implementation
Additional considerations
While a decision matrix can be used to compare opinions, it is better used
to summarize data that have been collected about the various criteria
when possible.
In some versions of this tool, the sum of the unweighted scores is also
calculated and both totals are studied for guidance toward a decision.
When this tool is used to choose a plan, solution, or new product, results
can be used to improve options. An option that ranks highly overall but
has low scores on criteria A and B can be modified with ideas from
options that score well on A and B. This combining and improving can
be done for every option, and then the decision matrix used again to
evaluate the new options.
One of the first decision making problems you face (often without realising
it) is to decide whether you have a decision to make, or a problem to solve.
Alternatively, living with a decision that was made, when it wasn’t clear why
something had gone wrong, can be just as costly. In that case you had a problem
to solve first, before you could make a decision. Decision making problems
often arise because you aren’t clear which of these you really have: a problem to
solve or a decision to make!
Nutt’s research illustrates that bad decisions were usually bad because two
things were missing:
too often, managers make bad tactical selections ….. because they believe that
following recommended decision-making practices would take too much time
and demand excessive cash outlays.
So it could be argued that, the more complex or serious the issue to be resolved,
the more important it is that we listen to Nutt’s findings. The three main causes
of decision making problems can be resolved by ensuring we:
1. Involve the key people who should be involved.
If you are interested in finding out more about Professor Nutt’s approach to
decision making follow this link to his book: Handbook of Decision Making.
You might pay particular attention to Chapter 1: page 4, where he discusses
Drucker’s and Weick’s calls to decide whether there is a decision to make.
Once you’ve finished with Nutt’s insights on decision making, take at look at
our other articles and our great-value resources to inform your understanding
and practice. Different types of decision making require different approaches,
something we particularly address in our e-guide: Making Better Decisions.
― Peter F. Drucker
Effective decision making is an art which obviously cannot be earned overnight,
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hence, needs to be nurtured in time. However, even an effective leader cannot
remain oblivious to certain hurdles which chronicle his decision-making
capacity. An effective decision has positive effects on all the departments, and
equal damage is caused by an ineffective decision. Hence, he has to remain
vigilant about the repercussions caused by his decisions.
Sometimes, taking a decision can equal to cracking a hard nut. As a professional
as well as an individual, we face many situations in our professional as well as
personal lives, wherein it is quite tough to take a decision. A careful study of
various hurdles faced will lead you to take effective and better decisions in
future.
Lack of Time
Hasty decisions often lead to disastrous effects. However, businesses are subject
to emergencies and often, as a decision making authority, you need to take a call
in the limited time available. This can pose a most difficult hurdle for most
leaders, however, an effective leader has to go through these testing times.
Risk-Taking Ability
Any decision attracts a fair deal of risk of resulting into negative outcome.
However, it is necessary to take calculated risks for an effective decision. Also,
at the same time, casual attitude and completely ignoring risks will not result in
taking appropriate decisions.
Too Many Options 32
A manager can be in a dilemma if there are too many options for an effective
solution. Finding the appropriate one can be very difficult, especially if a
particular decision favours a department over the other.
Inadequate Support
A manager, however good he may be, cannot work without an adequate support
level from his subordinates. Lack of adequate support either from top level or
grass root level employees may result in a great jeopardy for the manager.
Lack of Resources
A manager may find it difficult to implement his decisions due to lack of
resources- time, staff, equipment. In these cases, he should look out for
alternative approaches which fit in the available resources. However,
appropriate steps must be taken in case he feels that lack of resources may stop
the growth of the organization.
Inability to Change
Every organization has its own unique culture which describes its working
policies. However, some policies are not conducive to managers who are
looking out for a change. The rigid mentality of top-level management and the
subordinates are the biggest hurdle, wherein a manager cannot make positive
amendments even if he wishes to do so.
Every experience is a big teacher, and managers should take a cue from their
previous experiences, and learn to boost their decision-making capacity. Big
businesses have benefited greatly from positive changes and results, which
implies that a manager should first and foremost improve his ability to deal with
risks to take a good decision.
Making decisions is hard work. The key is to make fewer decisions and reserve
your energy for the big ones. President Obama, in a Vanity Fair article, said,
“You need to remove from your life the day-to-day problems that absorb most
people for meaningful parts of their day… You’ll see I wear only gray or blue
suits. I’m trying to pare down decisions. I don’t want to make decisions about
what I’m eating or wearing. Because I have too many other decisions to make.
You need to focus your decision-making energy. You need to routinize yourself.
You can’t be going through the day distracted by trivia.”
Psychological scientists X.T. Wang and Robert D. Dvorak from the University
of South Dakota studied how blood sugar levels affect the way we think.
“Volunteers answered a series of questions asking if they would prefer to
receive a certain amount of money tomorrow or a larger amount of money at a
later date. They responded to seven of these questions before and after drinking
either a regular soda (containing sugar) or a diet soda (containing the artificial
sweetener aspartame). Blood glucose levels were measured at the start of the
experiment and after the volunteers drank the soda.
While drinking a soda before you make a choice is not the answer, keeping your
blood sugar levels up by eating small amounts of healthy food throughout the
day will likely improve your decision-making abilities.
“The researchers examined 1,112 judicial rulings over a 10-month period. All of
the rulings were made by a parole board judge, who was determining whether or
not to allow the criminal to be released from prison on parole. (In some cases,
the criminal was asking not for a release, but rather for a change in parole
terms.)” While you might think the judges were affected by the type of crime
committed, you’d be wrong. Instead, the judges choices were more influenced
by whether or not they had just had a food break. Most — about 65 percent —
of the potential parolees, received parole early in the morning or after a break,
regardless of the crime.
Those who had their hearings early in the morning or after lunch were much
more likely to get parole than those who sat before the judge at the end of the
morning or the end of the day, when the judges were likely, let’s face it,
crankier.
I have a pretty solid morning routine, no matter what my day is like. I wake up,
make coffee, check email and social media – just to “wake up.” Then I get right
into writing my first couple of articles. Then I eat breakfast. I do this every
single morning. I get a lot done this way too. I also have routines for when I
feed my dogs (I have 23) and different but similar routines for my workouts and
different days when I have to be in different places. Routines are essential to
good decision making because they eliminate the minor decisions that often take
up the day.
4. Eliminate decisions.
Plan out your decision making before you have to make it. Put out what you’re
going to wear in the morning. Decide what or where you will eat. Deciding
these beforehand, eliminates the need to spend time on the decisions the next
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day — and potentially fighting your willpower. Be resolved to wake up and
work out and you will.
5. Sleep well.
Sleeping better helps you make better decisions. If you are feeling rested, you
won’t be tempted by that mid-morning doughnut or the temptation to not go for
a run. Try and get to sleep about the same time every night. Make it a routine. If
there is a day every week that plays a show you like on TV, incorporate that into
your routine or record it for viewing at an earlier hour. It’s important to get the
right amount of sleep for you. If you can, incorporate a nap into your schedule.
Even 20 minutes can give you a boost and help you conquer your decisions.
Don’t stand at the door trying to decide if you should go for a walk. Instead,
plan it into your day. Think about the things that you want to do — I mean the
things you really want to do and plan for them. If you want to lose 40 pounds,
figure out the steps necessary to make that happen. Plan out your meals and
schedule workout time. Making this a part of your daily routine means that you
don’t have to decide anymore. You just have to follow your schedule.
I used to hate going for a walk or a run. I thought it was boring. But I knew I
had to do it in order to lose the weight I had to lose and get back into shape. So I
scheduled time in my afternoon. Coincidentally, this time (about 3pm) is about
the time everyday when I used to want to lay on the couch, watch TV and take a
nap. Now, even if I feel like laying down, I lace up my sneakers and start
walking. Usually kind of slowly at first, until I get into the groove and start
running or do some sprints. All of a sudden, I’m having a great workout. But I
wouldn’t if left to my own devices. Plan. It helps.
I know that everyday around 3 pm, I’m not going to feel like walking or
running. I have to mentally prepare myself for this little argument I have with
myself. Sometimes, it’s just about changing motions. I have to go and get a
fresh pair of socks, put on my shoes. And then, well, I have my shoes on, I
might as well just walk a little. I don’t have to go really far, I telly myself. Just
get out the door and get some air. Then I grab one of my dogs and we walk
along and pretty soon I’m running or jogging or climbing hills with them,
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having a good time. Now that I’ve done this routine everyday for about four
years, I know I’ll feel better once I get going. But it wasn’t always like that. I
had to prepare for that weak moment.
This is also true with food. I love carbs and sweets. Really. I would eat them all
the time. Bread, cookies, you name it. I had to stop. I also had to learn to walk
away when my cravings got bad. I learned that I would eat a treat around 9:30
or 10 pm in front of the TV. For a long time, I started going to bed at 9 pm with
a book. I would read and then fall asleep, never getting the treat because it was
down in the kitchen instead of staring me in the face. Learning to prepare and
act before the weak moment comes is key to good decision making.
If you are at work and you are constantly confronted with decisions, you might,
just like the judges mentioned above, start to get a little cranky. Take a break
when this starts to happen. Go outside and walk or sit under a tree and read a
book you like. Getting a mental break from issues that aren’t your own is
essential to your own mental clarity and will help you make better decisions
later on in the day.
Why is online shopping so much easier than shopping in person? You are
making fewer decisions. If you know you want a certain pair of sneakers,
online, you can just go get those sneakers and buy them. At the store, though,
you have a multitude of options and then, decisions to make. Researchers found
that those making shopping decisions gave up more quickly on a math test.
Have you ever felt confounded by a problem? Have you ever gone to “sleep on
it,” and awoken understanding the problem better? Sure, we all have.
Sometimes, relaxing, focusing on something else or getting some sleep, can
help you clear away the detritus around the problem and let your mind do the
work. Believe it or not, your brain is still working whether you are thinking
about something or not. Relax. Go play volleyball and let your brain do the
heavy-lifting for a while.
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The techniques of decision making can be studied under the following heads:- 1.
Qualita-tive Techniques 2. Quantitative Techniques.
1. Qualitative Techniques:
Intuition:
It is making a choice without the use of conscious thought or logical inference.
It is important for a manager to develop his intuitive skills because they are as
important as rational analysis in many decisions.
Once the need to make the decision is known, criteria must be set for expected
results of the decision. These criteria should then be ranked and weighed
according to their relative importance.
Next, factual data relating to the decision should be collected. After that, all
alternatives that meet the criteria are identified. Each is then evaluated with
respect to all criteria. The final decision is based on the alternative that best
meets the criteria.
Due to limitations of the optimising approach, most decisions still involve some
judg-ment. Thus, in making decision, the manager generally uses a combination
of intuitive and rational approaches.
iii. People do not attempt to optimise but will take the first alternative that
satisfies their current level of aspiration. This is called satisficing.
iv. An individual’s level of aspiration concerning a decision fluctuates upward
and down-ward, depending on the values of the most recently identified
alternatives.
The value of the best previous alternative is, in turn, influenced by the value of
the new alternative. As is indicated by the arrows, a similar two-way
relationship exists between the value of the new alternative and the current level
of aspiration. The end result of this evaluation determines whether or not the
decision maker is satisfied with the alternative. Thus the decision maker (called
the administrative man) selects the first alternative which meets the minimum
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satisfaction criteria and makes no real attempt to optimise.
2. Quantitative Techniques:
Armed with information managers can make better decisions. Frontline
managers, for ex-ample, who are supplied with direct activity cost information,
can better manage revenue mar-gins (profits) and costs. Organisations can
achieve more consistency between upper manage-ment and lower-level
managers by providing more information throughout the organisation.
Second, MIS produce demand reports, which are generated on request by the
managers.
Finally, some MIS produce exception reports, which are generated as warn-ings
based on certain business conditions. For example, an inventory system may
produce an exception report to warn managers of low stock levels for a
particular product line. MIS are normally highly structured since they involve
highly repetitive, simple calculations with little variability in their presentation.
A DSS is generally based upon interactive computer networks which can help
the managers to solve problems and to gauge the effects of alternative outcomes
of a decision. While some DSSs are developed to solve specific problems others
serve more general purpose. This allows management to analyse different types
of problems.
Advantages:
(a) A DSS can result in much time savings as well as an improved decision
making.
(b) DSS can speed collaboration when there are several decision makers and all
of them have to be satisfied. By providing multiple users with access to the
firm’s data, DSS can clarify the decision-making process and enhance
consistency among multiple decision makers. With electronic commerce
competitors respond to strategic decisions within days or even hours. The speed
with which decisions are made becomes more critical. DSS helps decision
makers consider a wider range of alternatives in a short period of time.
The business person has two options – to open a new factory to boost
production capacity or not to open a new factory; and he has to consider two
states of nature or events which can occur- economic boom or recession. The
business person must assess the likelihood of each of these events occurring
and, in the case, based on his knowledge and experience, he estimates that there
is a one-in-two chance of a boom and a 0.5 probability of a recession. Finally,
the business person estimates the financial consequences as a Rs. 80,000 profit
for the new factory if there is a boom, and a Rs. 30,000 loss if there is a
recession.
However, if the manager were averse to risk then he might not regard the
expected money value criterion as being appropriate, for he might require a risk
premium to induce him to take the risk. Application of a more cautious certainty
equivalent of the ‘open factory’ branch might even tip the decision against
going ahead on the grounds of the ‘downside risk’ of losing Rs. 30,000.
Technique # 1. Qualitative:
Qualitative techniques of decision-making are subjective in nature as it is based
on factors other than numerical data. It is a more in-depth analysis of the
factors. Qualitative decision-making is based not just on the numerical statistical
46
data but other associated factors that may have influence on the collected data.
It is an in-depth analysis of all possible factors that can affect the decision-
making process. While exercising qualitative decision-making, managers are
required to have experiential knowledge of the various factors underlying a
problem. Qualitative decision-making is also called group decision-making as
decision is an outcome of mutual discussion.
(b) These experts are kept separated and their anonymous judgment or opinion
over the issue is sought through questionnaire or a survey. Maintaining their
anonymity helps in getting the unbiased responses.
(c) After this, members are asked to share and discuss their assessment with
each other.
(d) Replies are collected, summarised and is given back to all the experts.
(e) With this information of previous round assessment, the experts are required
47
to make fresh decisions with the new inputs.
(f) This process goes on for numerous rounds until a satisfactory convergence of
experts’ opinions is arrived at.
Delphi technique is a very useful technique for handling and resolving the
complex problems which are subject to many interpretations and alternatives.
Although, it is a time- consuming exercise and its success depends largely on
the expertise, of the panelists and their communication skills.
(ii) Brainstorming:
Brainstorming is a powerful decision-making technique used to extract ideas
from a group of people. For brainstorming, groups are formed and each
individual is provided with a platform to explore and express their ideas to
others. Brainstorming may be used by an organisation for multiple objectives
such as solving a problem, generation of new ideas, team development, etc.
(c) Provide adequate time and opportunity to every member to express their
opinion.
For example, an organisation has witnessed a sharp decline in its sales in recent
months. It is now looking for various means by which it can increase its sales.
In this case, a company wants to first develop a list of alternatives for increasing
sales and then prioritise them. Thus, this issue can be best resolved through a
brainstorming activity by inviting people from within the company or outside
48
experts to discuss on the issue. They may sit together and develop a list of
alternatives and rank them unanimously.
(b) Silent generation of ideas initially minimises the possibility of biases and
undue influences. It allows an individual to be creative.
(c) Subsequent discussions and interactions allow the group to take the
advantage of diversity of minds.
(iv) Multi-Voting:
Another group decision-making tool is multi-voting. In this method, repeated
rounds of voting are carried out until a consensus is arrived at. In this method,
each participant presents his opinion or proposition in front of the panel and
each member casts a vote. When voting for every participant’s suggestion is
completed, the strategies or suggestions with highest voting qualify for the next
round. This process is continued until a clear unanimous strategy is voted.
For this method, instead of one group of experts, two group of experts are
created, one favouring a “yes” decision and other favouring a “no” decision.
Each group then generates the list of justifications for their decisions and then
interact and discuss with their findings. With mutual interactions and
discussions, both the groups arrive at a consensus and a decision is taken.
This root is then spread to branches and nodes depicting various alternatives and
solutions available before the decision-makers for the underlying problem along
with the state of nature and respective probability of occurrence of alternatives.
Decision trees, besides being pictorial, are also helpful in effective decision-
making as they involve a systematic and formalized process leading to the
presentation of holistic view of various alternatives to a particular problem and
51
their respective consequences or outcomes.
(v) Simulation:
Simulation may be defined as an imitation of a real-life situation. As a decision-
making technique, simulation is used by creating a replica of real-life situation
so as to know what could be an outcome under real operating conditions.
Donald G. Malcolm defines simulation as, “a model which depicts the working
of a large-scale system of men, materials, machines and information operating
over a period of time in a simulated environment of the actual real world
conditions.” Simulation technique primarily aims at answering “what if’
questions about real-life situations.
(b) For foreseeing the difficulties or problems that may arise due to
implementation of new machinery, process or system.
(c) For training employees without disturbing the actual operations.
(b) Critical Path Method – CPM is a project evaluation technique which aims at
identification of total duration for the project completion time along with the
shortest path for its completion. CPM is a deterministic networking technique
where activity completion time is known with certainty.
(c) Assignment model – This technique aims at assigning jobs to various task
persons so as to minimise the cost of getting the work done.
(d) Inventory control – These techniques aims at taking decisions for economic
order quantity, how much quantity to order, how frequently to order, what
should be the safety stock level, etc.
(e) Queuing theory – This technique is applicable for resolving the long queue
issues and problems of traffic congestion. For example, at petrol pumps, railway
booking window, service windows in a college, etc., all face long queues. This
technique primarily answers questions such as whether to open a new counter or
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not, what is the desired number of persons in a queue so as to maintain
efficiency, etc.
Objectives of MIS:
(a) Capturing Data – The very first purpose of MIS is to capture and collect data
from diverse sources which will facilitate in organisational decision-making.
Data may be specific, general, and contextual or may be an operational
information.
(b) Processing Data – The data captured is in its original form is not apt for the
purpose of making decision-making. Hence, it is processed to be converted into
information. This processed data is utilised for various organisational functional
decision areas such as planning, organising, coordinating, directing and
controlling.
(c) Information Storage – MIS stores the processed or unprocessed data for
future use. If any information is not immediately required, it is saved as an
organisation record, for later use.
Characteristics of MIS:
(a) Systems Approach – MIS follows a systems approach. It means considering
a systematic and comprehensive outlook of various input and output sub-
systems.
(b) Management-oriented – Management information system, being a very
critical and integral part of decision-making, focuses on catering to the decision-
making requirements of various managerial functions such as- planning,
organising, staffing, etc.
Significance of MIS:
In the recent years, the need for management information system has
increased manifold due to the following reasons:
(a) Fosters Effective Planning – MIS is very useful for efficient and effective
55
planning function of an organisation. MIS by providing quick and timely
information to the management will be instrumental in developing plans more
accurately and swiftly.
Limitations of MIS:
MIS, although being a very sophisticated decision-making tool, has the
following limitations:
(c) Inflexibility:
With ever changing and dynamic environment, MIS may not be flexible enough
to have imperative adaptability to rapidly redesign itself with the changing
needs of time.
(d) No Substitute for Effective Management:
(e) Expensive:
Implementation of management information system in an organisation requires
huge investment in terms of installation of computers, appointment of
specialised technical staff and providing training to existing employees for
effectively utilising it.
It need not necessarily take the decision itself. An appropriately composed DSS
is an intelligent programming based framework expected to help the decision-
makers to assemble valuable data from a mix of crude information, reports,
individual learning, or plans of action to recognise and take care of issues and
finally take decision.
A DSS requires three basic constituents: 57
(a) The database (or knowledge base)
(b) The model (i.e., the decision context and user criteria)
(c) The user interface
Objectives of DSS:
(a) Data handling – The very objective of a DSS is to handle and store large
amounts of data. It is like database searches which can be accessed as and when
need for extracting the information arises.
(b) Collection and processing of data – DSS aims at procurement of data from
varied internal and external sources and then processing it to convert into
relevant information and finally storing it on the system for access.
(c) Facilitate in report making – DSS not only provides information but also
helps the decision-maker by generating reports and presentations suiting his
needs. DSS also helps the user by making charts, graphs, tables, etc., according
to the requirement of the user.
(d) Analytical support – DSS also provides support to the user by making
complex analysis and developing comparative charts with the help of using
advanced software packages.
Characteristics of DSS:
(a) DSS provides modern systematic models and information investigation
instruments to bolster decision-making activities which are primarily semi-
organised and unstructured.
(b) DSS aims at concentrating on issues that are extraordinary and swiftly
changing. It focuses on assisting in arriving at a solution and is not characterised
with the system of arriving at a solution.
Significance of DSS:
(a) Speedy Decision-Making – Decision support system by facilitating the
procurement, processing and storage of voluminous data enables the managers
to extract and use information in no time. This reduces the decision cycle time
and increases employee productivity. With the help of computerised support
system, time savings are substantial which in turn speeds up the decision-
making process.
Limitations of DSS:
Decision Support System brings many advantages for organisations and can
have positive benefits.
However, designing and developing of a decision support system may have
59
following limitations:
(a) Huge Cost Involvement – The very essence of decision support system lies
in collecting data from many sources and processes them to convert into
information relevant for decision-making. Thus, it requires an investment into
an effective information system. Moreover, for many purposes, DSS requires
the development of advanced techniques, information insight and data
framework, all employing a high cost.
Mindfulness. It’s a pretty straightforward word. It suggests that the mind is fully
attending to what’s happening, to what you’re doing, to the space you’re
moving through. That might seem trivial, except for the annoying fact that we
so often veer from the matter at hand. Our mind takes flight, we lose touch with
our body, and pretty soon we’re engrossed in obsessive thoughts about
something that just happened or fretting about the future. And that makes us
anxious.
Yet no matter how far we drift away, mindfulness is right there to snap us back
to where we are and what we’re doing and feeling. If you want to know what
mindfulness is, it’s best to try it for a while. Since it’s hard to nail down in
words, you will find slight variations in the meaning in books, websites, audio,
and video.
The Definition of Mindfulness 61
Mindfulness is a quality that every human being already possesses, it’s not
something you have to conjure up, you just have to learn how to access it.
1. Seated, walking, standing, and moving meditation (it’s also possible lying
down but often leads to sleep);
2. Short pauses we insert into everyday life;
3. Merging meditation practice with other activities, such as yoga or sports.
When we’re mindful, we reduce stress, enhance performance, gain insight and
awareness through observing our own mind, and increase our attention to
others’ well-being.
Having it all remain in your head, though, lacks a feeling of good old gravity.
Meditation begins and ends in the body. It involves taking the time to pay
attention to where we are and what’s going on, and that starts with being
aware of our body
That approach can make it seem like floating—as though we don’t have to
walk. We can just waft.
But meditation begins and ends in the body. It involves taking the time to pay
attention to where we are and what’s going on, and that starts with being aware
of our body. That very act can be calming, since our body has internal rhythms
63
that help it relax if we give it a chance.
—--
What is mindfulness?
Mindfulness is the basic human ability to be fully present, aware of where we
are and what we’re doing, and not overly reactive or overwhelmed by what’s
going on around us.
Whenever you bring awareness to what you’re directly experiencing via your
senses, or to your state of mind via your thoughts and emotions, you’re being
mindful. And there’s growing research showing that when you train your brain
to be mindful, you’re actually remodeling the physical structure of your brain.
Meditation is exploring. It’s not a fixed destination. Your head doesn’t become
vacuumed free of thought, utterly undistracted. It’s a special place where each
and every moment is momentous. When we meditate we venture into the
workings of our minds: our sensations (air blowing on our skin or a harsh smell
wafting into the room), our emotions (love this, hate that, crave this, loathe that)
and thoughts (wouldn’t it be weird to see an elephant playing a trumpet).
1. Set aside some time. You don’t need a meditation cushion or bench, or
any sort of special equipment to access your mindfulness skills—but you
do need to set aside some time and space.
3. Let your judgments roll by. When we notice judgments arise during our
practice, we can make a mental note of them, and let them pass.
4. Return to observing the present moment as it is. Our minds often get
carried away in thought. That’s why mindfulness is the practice of
returning, again and again, to the present moment.
That’s the practice. It’s often been said that it’s very simple, but it’s not
necessarily easy. The work is to just keep doing it. Results will accrue.
How to Meditate
This meditation focuses on the breath, not because there is anything special
about it, but because the physical sensation of breathing is always there and you
can use it as an anchor to the present moment. Throughout the practice you may
find yourself caught up in thoughts, emotions, sounds—wherever your mind
67
goes, simply come back again to the next breath. Even if you only come back
once, that’s okay.
1. Sit comfortably. Find a spot that gives you a stable, solid, comfortable
seat.
2. Notice what your legs are doing. If on a cushion, cross your legs
comfortably in front of you. If on a chair, rest the bottoms of your feet on
the floor.
3. Straighten your upper body—but don’t stiffen. Your spine has natural
curvature. Let it be there.
4. Notice what your arms are doing. Situate your upper arms parallel to
your upper body. Rest the palms of your hands on your legs wherever it
feels most natural.
5. Soften your gaze. Drop your chin a little and let your gaze fall gently
downward. It’s not necessary to close your eyes. You can simply let what
appears before your eyes be there without focusing on it.
7. Notice when your mind wanders from your breath. Inevitably, your
attention will leave the breath and wander to other places. Don’t worry.
There’s no need to block or eliminate thinking. When you notice your
mind wandering gently return your attention to the breath.
8. Be kind about your wandering mind. You may find your mind
wandering constantly—that’s normal, too. Instead of wrestling with your
thoughts, practice observing them without reacting. Just sit and pay
attention. As hard as it is to maintain, that’s all there is. Come back to
your breath over and over again, without judgment or expectation.
9. When you’re ready, gently lift your gaze (if your eyes are closed, open
them). Take a moment and notice any sounds in the environment. Notice
how your body feels right now. Notice your thoughts and emotions.
Mindful Practices for Every Day 68
As you spend time practicing mindfulness, you’ll probably find yourself feeling
kinder, calmer, and more patient. These shifts in your experience are likely to
generate changes in other parts of your life as well.
Mindfulness can help you become more playful, maximize your enjoyment of a
long conversation with a friend over a cup of tea, then wind down for a relaxing
night’s sleep. Try these 4 practices this week:
4. A Compassion Meditation
Breathing Compassion In and Out
A loving-kindness meditation to reduce negative emotions like anxiety and
depression and increase positive emotions like happiness and joy.
Daily guided meditations are also available by smartphone app, or you can
practice in person at a meditation center. Read more about the types of
programs currently available.
● Understand your pain. Pain is a fact of life, but it doesn’t have to rule
you. Mindfulness can help you reshape your relationship with mental and
physical pain.
● Connect better. Ever find yourself staring blankly at a friend, lover,
child, and you’ve no idea what they’re saying? Mindfulness helps you
give them your full attention.
● Lower stress. There’s lots of evidence these days that excess stress
causes lots of illnesses and makes other illnesses worse. Mindfulness
decreases stress.
● Focus your mind. It can be frustrating to have our mind stray off what
we’re doing and be pulled in six directions. Meditation hones our innate
ability to focus.
● Reduce brain chatter.The nattering, chattering voice in our head seems
never to leave us alone. Isn’t it time we gave it a little break?
Mindful’s editor-in-chief, Barry Boyce sets the record straight regarding these 5
things people get wrong about mindfulness:
Stress reduction is often an effect of mindfulness practice, but the ultimate goal
isn’t meant to be stress reduction. The goal of mindfulness is to wake up to the
inner workings of our mental, emotional, and physical processes.
Mindfulness trains your body to thrive: Athletes around the world use
mindfulness to foster peak performance—from university basketball players
practicing acceptance of negative thoughts before games, to BMX champions
learning to follow their breath, and big-wave surfers transforming their fears.
Seattle Seahawks Coach Pete Carroll, assisted by sports psychologist Michael
Gervais, talks about coaching the “whole person.” As writer Hugh Delehanty
illustrates, players learn a blend of mindfulness, which Gervais calls tactical
breathing, and cognitive behavioral training to foster what he calls “full
presence and conviction in the moment.”
What Is Empathy?
Table of Contents
● Definition
● Signs
● Types
● Uses
● Pitfalls
● Impact
● Barriers
● Causes
● Tips
What Is Empathy?
Empathy is the ability to emotionally understand what other people feel, see
things from their point of view, and imagine yourself in their place. Essentially,
it is putting yourself in someone else's position and feeling what they are
feeling.
Empathy means that when you see another person suffering, such as after
they've lost a loved one, you are able to instantly envision yourself going
through that same experience and feel what they are going through.
Empathy Definition
Merriam-Webster defines empathy, in part, as "the action of understanding,
being aware of, being sensitive to, and vicariously experiencing the feelings,
thoughts, and experience of another."1
While people can be well-attuned to their own feelings and emotions, getting
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into someone else's head can be a bit more difficult. The ability to feel empathy
allows people to "walk a mile in another's shoes," so to speak. It permits people
to understand the emotions that others are feeling.
For many, seeing another person in pain and responding with indifference or
even outright hostility seems utterly incomprehensible. But the fact that some
people do respond in such a way clearly demonstrates that empathy is not
necessarily a universal response to the suffering of others.
If you are wondering whether you are an empathetic person, here are some signs
that show that you have this tendency:
Types of Empathy
There are several types of empathy that a person may experience. The three
types of empathy are:
Empathy fatigue refers to the exhaustion you might feel both emotionally and
physically after repeatedly being exposed to stressful or traumatic events. You
might also feel numb or powerless, isolate yourself, and have a lack of energy.
Other research has linked higher levels of empathy with a tendency toward
emotional negativity, potentially increasing your risk of empathic distress. It can
even affect your judgment, causing you to go against your morals based on the
empathy you feel for someone else.
Impact of Empathy
Your ability to experience empathy can impact your relationships. Studies
involving siblings have found that when empathy is high, siblings have less
conflict and more warmth toward each other.6 In romantic relationships, having
empathy increases your ability to extend forgiveness.7
Research has found that there are gender differences in the experience and
expression of empathy, although these findings are somewhat mixed. Women
score higher on empathy tests, and studies suggest that women tend to feel more
cognitive empathy than men.
At the most basic level, there appear to be two main factors that contribute to
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the ability to experience empathy: genetics and socialization. Essentially, it
boils down to the age-old relative contributions of nature and nurture.
Parents pass down genes that contribute to overall personality, including the
propensity toward sympathy, empathy, and compassion. On the other hand,
people are also socialized by their parents, peers, communities, and society.
How people treat others, as well as how they feel about others, is often a
reflection of the beliefs and values that were instilled at a very young age.
Barriers to Empathy
Some people lack empathy and, therefore, aren't able to understand what
another person may be experiencing or feeling. This can result in behaviors that
seem uncaring or sometimes even hurtful. For instance, people with low
affective empathy have higher rates of cyberbullying.
A few reasons why people sometimes lack empathy include cognitive biases,
dehumanization, and victim-blaming.
Cognitive Biases
Sometimes the way people perceive the world around them is influenced by
cognitive biases. For example, people often attribute other people's failures to
internal characteristics, while blaming their own shortcomings on external
factors.
These biases can make it difficult to see all the factors that contribute to a
situation. They also make it less likely that people will be able to see a situation
from the perspective of another.
Dehumanization
Many also fall victim to the trap of thinking that people who are different from
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them don't feel and behave the same as they do. This is particularly common in
cases when other people are physically distant.
For example, when they watch reports of a disaster or conflict in a foreign land,
people might be less likely to feel empathy if they think that those who are
suffering are fundamentally different from themselves.
Victim Blaming
This tendency stems from the need to believe that the world is a fair and just
place. It is the desire to believe that people get what they deserve and deserve
what they get—and it can fool you into thinking that such terrible things could
never happen to you.
Causes of Empathy
Human beings are certainly capable of selfish, even cruel, behavior. A quick
scan of the news quickly reveals numerous unkind, selfish, and heinous actions.
The question, then, is why don't we all engage in such self-serving behavior all
the time? What is it that causes us to feel another's pain and respond with
kindness?
Neuroscientific Explanations
Studies have shown that specific areas of the brain play a role in how empathy
is experienced. More recent approaches focus on the cognitive and neurological
processes that lie behind empathy. Researchers have found that different regions
of the brain play an important role in empathy, including the anterior cingulate
cortex and the anterior insula.
Research suggests that there are important neurobiological components to the
78
experience of empathy. The activation of mirror neurons in the brain plays a
part in the ability to mirror and mimic the emotional responses that people
would feel if they were in similar situations.
Functional MRI research also indicates that an area of the brain known as the
inferior frontal gyrus (IFG) plays a critical role in the experience of empathy.12
Studies have found that people who have damage to this area of the brain often
have difficulty recognizing emotions conveyed through facial expressions.13
Emotional Explanations
Some of the earliest explorations into the topic of empathy centered on how
feeling what others feel allows people to have a variety of emotional
experiences. The philosopher Adam Smith suggested that it allows us to
experience things that we might never otherwise be able to fully feel.
This can involve feeling empathy for both real people and imaginary characters.
Experiencing empathy for fictional characters, for example, allows people to
have a range of emotional experiences that might otherwise be impossible.
Prosocial Explanations
When people experience empathy, they are more likely to engage in prosocial
behaviors that benefit other people. Things such as altruism and heroism are
also connected to feeling empathy for others.
Empathy at Work
But, while most of us are confident about learning new technical skills, we may
feel ill-equipped to develop our interpersonal skills. And many people are self-
conscious about discussing their own feelings, never mind anyone else's!
Are you able to see things from someone else's point of view?
In this article, we explore what it really means to show empathy. We'll look at
how a few simple actions can help us to create stronger connections, to build a
culture of honesty and openness, and to make a real difference to the emotional
80
well-being, and productivity, of our colleagues.
What Is Empathy?
In its simplest form, empathy is the ability to recognize emotions in others, and
to understand other people's perspectives on a situation. At its most developed,
empathy enables you to use that insight to improve someone else's mood and to
support them through challenging situations.
Empathy is often confused with sympathy, but they are not the same thing.
Sympathy is a feeling of concern for someone, and a sense that they could be
happier. Unlike empathy, sympathy doesn't involve shared perspective or
emotions.
You can feel sympathy for someone you see in tears in the street, for example,
without knowing anything about their situation. Sympathy may develop into
empathy, but doesn't necessarily do so.
Cognitive Empathy
Cognitive empathy is the ability to understand what another person might be
thinking or feeling. It need not involve any emotional engagement by the
observer.
Managers may find cognitive empathy useful in understanding how their team
members are feeling, and therefore what style of leadership would get the best
from them today. Similarly, sales executives can use it to gauge the mood of a
customer, helping them to choose the most effective tone for a conversation.
Emotional empathy is the ability to share the feelings of another person, and so
to understand that person on a deeper level. It's sometimes called "affective
empathy" because it affects or changes you. It's not just a matter of knowing
how someone feels, but of creating genuine rapport with them.
For some of us, this kind of empathy can be overwhelming. People with strong
empathic tendencies can become immersed in other people's problems or pain,
sometimes damaging their own emotional well-being. This is particularly true if
they don't feel able to resolve the situation.
You can avoid this kind of emotional generosity burnout by taking breaks,
checking your boundaries, and strengthening your ability to cope in such a
demanding role .
Anyone leading a team will benefit from developing at least some emotional
empathy. It helps to build trust between managers and team members, and to
develop honesty and openness. But empathy is most valuable when it's
combined with action .
Compassionate Empathy
Compassionate empathy is the most active form of empathy. It involves not
only having concern for another person, and sharing their emotional pain, but
also taking practical steps to reduce it.
For example, imagine that one of your team members is upset and angry
because he or she delivered an important presentation badly. Acknowledging
their hurt is valuable, and affirming their reaction by showing signs of those
feelings yourself even more so. But best of all is putting aside some time for
them, and offering practical support or guidance on getting through the situation
and preparing for next time.
Practice the following techniques frequently so that they start to become second
nature.
Listen carefully to what someone is trying to tell you. Use your ears, eyes and
"gut instincts" to understand the entire message that they're communicating.
Start with listening out for the key words and phrases that they use, particularly
if they use them repeatedly. Then think about how as well as what they're
saying. What's their tone or body language telling you? Are they angry,
ashamed or scared, for example?
You're likely familiar with the saying, "Before you criticize someone, walk a
mile in their shoes." Examine your own attitude, and keep an open mind.
Placing too much emphasis on your own assumptions and beliefs doesn't leave
much space for empathy!
Once you "see" why others believe what they believe, you can acknowledge it.
This doesn't mean you have to agree with it, but this is not the time for a debate.
Instead, be sure to show respect and to keep listening.
When in doubt, invite the person to describe their position some more, and ask
how they think they might resolve the issue. Asking the right questions is
probably the simplest and most direct way to understand the other person.
Take Action
There's no one "right way" to demonstrate your compassionate empathy. It will
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depend on the situation, the individual, and their dominant emotion at the time.
Remember, empathy is not about what you want, but what the other person
wants and needs, so any action you take or suggest must benefit them.
For example, you might have a team member who's unable to focus on their
work because of a problem at home. It may seem the kind thing to do to tell
them they can work from home until the situation is resolved, but work may in
fact give them a welcome respite from thinking about something painful. So ask
them which approach they would prefer.
And remember that empathy is not just for crises! Seeing the world from a
variety of perspectives is a great talent – and it's one that you can use all of the
time, in any situation. And random acts of kindness brighten anyone's day.
For example, you likely smile and take the trouble to remember people's names:
that's empathy in action. Giving people your full attention in meetings, being
curious about their lives and interests, and offering constructive feedback are all
empathic behaviors, too.
Practice these skills often. When you take an interest in what others think, feel
and experience, you'll develop a reputation for being caring, trustworthy and
approachable - and be a great asset to your team and your organization.
Key Points
Empathy is the ability to recognize emotions and to share perspectives with
other people. It's one of the five key components of emotional intelligence, and
it helps to build trust and strengthen relationships.
To use empathy effectively, give your co-worker your full attention, looking out
for verbal and nonverbal clues to help you fully understand their situation. Set
aside your own assumptions, acknowledge your colleague's feelings, allow an
emotional connection, then take positive action that will improve their well-
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being.
For example, instead of assuming that the reason someone has done something
that hurts you is because they are selfish or inconsiderate, assume instead that
they had a good reason for doing it. This idea, based on Marshall Rosenberg's
philosophy, can be difficult to buy into at first. But when you think about it,
don't you usually have a good reason when you do something, even if what you
did may seem inconsiderate to someone else?
Let's say you are very worried about your child's health. You took her to the
doctor and he decided to take tests in order to rule out a serious disease. Later
that day you were walking down the street, preoccupied with your daughter. An
acquaintance passed you and said hello. You said hello in return but because
you were so deep in thought, you didn't stop to chat. Later on, you find out that
the acquaintance felt insulted because you "snubbed" her. Even though it was
not your intention to snub this person, and you had a very good reason for your
behavior, the acquaintance assumed the worst.
In order to be empathic, we must begin with curiosity about other people and
their experiences. Most people are born with curiosity—we only have to look at
the bright eyes of a healthy four year old to see it in its pure form. At that age,
the world is a miraculous place full of mysteries to explore. Sadly, as we age we
often lose the ability to see things–and people–through a clear lens. We end up
seeing the world through a filter of our own beliefs. Much miscommunication
happens because people’s ability to take in information from each other is
seriously curtailed by their prejudgments. Carried to the extreme, a relationship
can be ruled by prejudices and stereotypes, with very little real information
passing between people, never mind actual connection and understanding.
Overcoming Prejudgments
It is impossible to be free of all prejudgment—we simply could not live in the
world without some assumptions. However, effective leaders are able to
suspend automatic judgment, and can work to understand other people without
filters. Effective leaders care enough to want to learn about other people, to feel
what they feel and see the world the way they do. And then they do something
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with it.
At the opposite end of the spectrum lies what we consider to be a more positive,
non-anxious form of intimacy or desire to be close to others. It is not based on
reciprocity or the need for declarations of any kind, and does not require proof
of affection. Rather, we are looking at the drive for relationship and regard from
a glass half-full perspective: our desire for contact and intimacy are natural and
we derive great satisfaction and pleasure from compassionate relationships.
From this perspective, we simply enjoy being with certain other people. When
we come together, it is as if we have not been apart, even if years have
intervened. We can comfortably pick up the relationship where we left off and
not feel as if something was missing. It is this form of the affiliation drive that is
the basis for the experience of compassion.
Leaders who read their world this way can more easily avoid uninformed, bad
decisions and have a much better chance of successfully joining the dance and
influencing complex group and organizational dynamics.
The outcome of this kind of scanning are at once obvious and subtle. Surely
Robert’s people now know he will be a ‘hands on’ leader, deeply interested in
their experience and the day to day reality of the business. Many of them also
know him as a person. He is no longer the faceless, maybe scary, new CEO.
They have shared food and conversation and laughter, and have seen that he is a
real person who cares about them, and who wants to discuss their ideas about
the business.
As Robert knows, watching the emotional dance between and among people
gives you an edge. It gives you clues about what you are up against, and how to
manage a situation. You can more easily decide when and how you interact to
influence and guide people. This is equally true when we look at groups and
cultures. Although more abstract, and therefore harder to see and understand,
these larger manifestations of the human system also dance: groups rely on
other groups for information, decisions, actions; cultures come together in
harmony or clash inside organizations, as well as across geographic regions and
the boundaries of belief.
Leaders rely heavily on the observations of others to test their own impressions,
and to add to their body of knowledge about whatever issue is on the table.
Observation is learning on the fly – it's not something you sit down to do. And
every experience adds to your body of knowledge, leaving you a top asset to
your organization, your industry, your family, and yourself.
At the same time that it is such a valuable skill, it's amazing how little value is
attached to it by many, many managers. Again and again you'll see people leave
a meeting with the statement that it was a waste of their time. When pressed,
they will state that they learned nothing, or the meeting was inconclusive, or
they weren't the right person the be there, or they felt muzzled.
A suggestion: the next time you find yourself in a meeting where you feel it's a
waste of your time, promise yourself that you will take from that meeting at
least 3 items of information – perceptions, opinions, facts, observed behavior,
that can be of help in your work. Then apply those elements to your
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relationships. It works – most people don't do it. Most people don't become
effective leaders. In the case of most people, they don't even know observation
is a highly prized skill. If you want to be in the top ten percent of whatever you
do, work consciously and hard on the development of your observation skills. It
will pay off – I guarantee it.
If you want to be world class in anything, you gotta develop the skill of
observation – seeing the world around you and seeing it every day, in every
way, and make observing a habit of thought. The price of success is stepping
out – observing the world in all its variety, learning from it, and taking that
accumulation of inputs and putting them to use in decision making – in
improving intuition – in building relationships.
Ten behaviors and habits of thought critical for developing accurate observation
skills:
It's easy to get so focused on our own job that we really don't see the forest for
the trees, even if we're invited to the highest ranger station in that particular
forest.
A personal story:
I was hiking in the Phoenix Mountain Preserve and coming down a steep, rocky,
narrow path. Approaching me from below was a young woman, baseball cap
pulled down over her eyes, dark sunglasses, hydration backpack, and earphones.
I stepped aside to let her pass – hikers ascending have right of way – I said
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"Hello," and she went past me – within inches of touching me – without
acknowledging me! Wow – two people, close enough to touch, no one else
around, and not so much as a nod.
Just what does this have to do with observation skills? A lot. This hiker was so
into her own zone that nothing around her could enter her consciousness. The
birds singing, the green of spring, the warning rattle of a rattlesnake, the crunch
of boots overtaking her, the beautiful blue sky – none of it could penetrate her
"zone." I see that a lot. Mountain bikers, hikers, runners – all intent on their
journey – oblivious to their surroundings except for what is right in front of
them – and in danger of missing all kinds of messages. Observation? Other than
their own heart rate, miles covered, calories burned, goals met, time elapsed,
mountains climbed, Gatorade consumed, how they feel – they could be in a dark
tunnel. Too bad for them – they miss all kinds of critical inputs that could help
them grow and develop and enjoy the process of gaining physical fitness.
To the extent that we close ourselves off from the unfamiliar; from things that
would challenge us; from things that make us think; from things that disagree
with our beliefs; from things that can stimulate our senses, we create our own
little cocoon – that safe place where we can exist unaffected by all the stuff that
swirls around us. Some people call it focus – I think not.
A suggestion. We all need to gain or regain our sense of wonder about new
things. Take a different route to work, buy a different newspaper, listen to a
different news show, take a run over unfamiliar territory, hike in the woods or
mountains – without your IPod, try a different routine at the gym, eat a meal
you have never had before. And observe through all your senses. Gaining
observation skills is an active, exciting process. It's best accomplished by
sensing – as if for the first time – the world around you, and then seeing more
than you saw the last time.
Try it – today. Become an active observer of life – and gain greater success – in
whatever way you define success.
“Chance favors a prepared mind.” The quote from Louis Pasteur is well
known, but it is incomplete. The full thought is Where observation is concerned,
chance favors the prepared mind. While the first statement is helpful, the full
statement makes the power of observation far clearer. When we use the power
of observation intentionally and effectively, we can learn and lead far more
effectively.
The question is, how do I use this power? How can I become more observant?
I have six steps you can take to become more observant, to help you gain, find,
and grasp the opportunities that swirl around us every day.
Be Open
Before observations can be made, we must be open to receive them. This
starts with a positive belief that there are things we can learn and learn from all
around us. As a young man, a mentor told me, “I believe I can learn something
from everyone.” With that belief, he was ready to observe something helpful.
When we start with this belief, we have a chance; if we don’t, the odds that the
rest of these ideas will work go way down.
Be Intentional
We never know what we might observe and learn. Yet, by being open, we
are preparing for the learning possibilities. But we must also be intentional.
Know what your learning goals and questions are, and be intentional in finding
what you are looking for. For example, if you are wanting to be a better coach,
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what are you seeing in the world around you that can help you be a better
coach? Or avoid mistakes? If you are intentional about looking, you will find
the lessons you seek.
Be Looking
Once you are mentally ready, you must be looking. This means paying
attention; keeping your eyes open and noticing what others do and say and how
they respond to you and others. But while the word “observation” implies
vision, there is more to it than that . . .
Be Multi-sensory
To be fully observant means using more than just our eyes. We can observe
with our ears and with our hearts; and depending on what you are wanting to
learn, perhaps your nose and your fingers. True observation is a multi-sensory
experience. What did someone say, but also how they looked and how they
sounded plays a part in a message, doesn’t it? Think 360° and multi-sensory to
get the most power and nuance from an experience. That allows for deeper
understanding and greater insights from any situation.
Be Still
It is hard to be observant when you are in your own head, or with your nose
buried in a phone or laptop. To observe requires us to stop, to look, to listen,
and to be grateful for the experiences around us. Without stillness, much of the
power of observation will be removed. You will miss much, and only skim the
surface of some other things you do observe.
Observation is a powerful tool for learning for all of us; but as a leader, it is
perhaps even more important. As a leader, we need to be aware of how
individual team members are doing and their level of energy and engagement.
We must also monitor the dynamics of the team and more. Just one simple
example is to observe how people behave and communicate – if we make those
consistent observations and have a model to compare to, we can communicate
and build greater trust with the wide variety of individuals we lead (If you are
looking for such a model, consider starting with our free DISC assessment). We
can’t do all of this with a dashboard or numbers, we must be looking, noticing,
asking, and being aware to spot trends, learn more, and lead more effectively.
However, most definitions, such as the one described by Hyland, Lee and Mills
(2015) share three elements.
Thus, a mindful employee will take in what is happening in the workplace and
not react to it, rather, simply taking in information from their surrounds. They
will non-judgmentally approach their work and their relations with other
colleagues and management.
Well, it means that throughout the working day, at any one time, employees’
mindfulness is variable; they may be closely paying attention, non-
judgmentally, in a meeting – focused on whatever the presenter is talking about.
Or, perhaps, later in the day they are less mindful and are sitting staring at the
computer wondering what to cook for dinner.
So, the person has the capacity to be mindful, however their mindfulness at any
one time is variable.
Speaking very generally, there are some mindfulness-based processes that are
thought to affect employee performance and wellbeing.
Employees who practice being mindful are therefore more likely to show
greater acceptance of colleagues without reactivity (Glomb et al., 2012).
Optimal functioning of organizations is, in many ways, dependent upon positive
interpersonal relationships.
Given that some studies have suggested that training in mindfulness may be
linked to social connectedness, this highlights the important role that
mindfulness may play in workplace relationships and the success of the
organization (Glomb et al., 2012).
It has also been found that mindfulness is associated with fewer cognitive
failures (such as forgetting, distraction and blunders) – which suggests that
mindfulness may therefore lead to improved workplace performance and fewer
accidents (Glomb et al., 2012).
Improved intuition
Mindfulness also promotes an awareness of ‘gut feelings’ and it has been
suggested that tapping into these intuitions may facilitate improved task
performance when the level of expertise is high (Glomb et al., 2012).
As you can see, the benefits of mindfulness in the workplace are many and
varied.
Why is it Important?
Mindfulness in the workplace is important for a wide range of reasons. The first
relates to how satisfied an employee is in their job – which clearly has
implications for their wellbeing, psychologically, and emotionally.
Be patient
An important aspect to consider when introducing mindfulness is to accept that
there is no immediate solution. Mindfulness takes time and a sustained effort,
and scheduling and delivery of formal training also needs to be flexible (Mudd,
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2017). As well as formal training, the sessions should be enhanced by simple
mindful working practices that can be incorporated into the daily work routine
(Mudd, 2017).
The quiet room could have calming photos or images from nature, or even
positive images reflecting the mission of the company (Team MyHub, 2018).
It is also a good idea to establish the relevance of mindfulness for the business
or organization and to verify the sustainability of the proposed program (Mudd,
2017).
Finally, make sure that the program is feasible in terms of scope and timescale
(Mudd, 2017).
You get as much out of mentorship as you put in. That is why I joined the
national board of the Spark Program, whose goal is to provide life-changing
mentorships to middle schoolers.
Christie Hefner is one of my most cherished mentors, for several reasons. She’s
brilliant, strategic, civically and politically engaged and extremely
knowledgeable about media and business -- not to mention a pioneer of
women’s rights. When we meet every few months, I share my goals, ask for her
input and advice and benefit from her introductions and feedback. I feel
fortunate to count her as one of my mentors, not just because she is a great
leader, but also because she is always emotionally available and present when
we meet.
While I am tremendously grateful for my own mentors, I have found that being
a mentor myself can provide great personal satisfaction. When you invest time
and energy in someone, you not only change the trajectory of his or her life and
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career with your experience and wisdom, but your company or organization can
reap rewards in the form of improved employee retention and job performance.
No matter where you are in your career, the right mentor can energize you and
provide counsel when you need it. And when you mentor others, exposing them
to otherwise inaccessible experiences, you can accelerate their careers and help
them succeed.
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Why Having (And Being) A Mentor Is Key To
Building Your Career
We spend much of our lives building and developing relationships - the ones
we’re born into, like our families, the ones we forge through shared experiences
like our classmates, and the ones that we later choose for ourselves as we grow
into our future selves like co-workers. Fulfilling relationships are critical to our
happiness, and something that we’re inherently designed to do in our personal
lives. And our careers are no different - in one’s career, building relationships
and growing your network is absolutely key to finding success.
I believe that one should approach developing his or her career network in the
same way that you might build out a team within your business. Think of your
network as your “board of directors,” with each person bringing a unique
perspective and set of skills and experiences to the table. You want to find and
connect with people who can strengthen your own skill set and provide
perspective in areas where you may have less experience. There are four types
of people you should look for when building out your BOD:
Mentors - Mentors are individuals who can provide guidance and advice to
you, often based upon their own experiences in both business and their personal
lives. Mentors can come from within your business or from outside of it. There
is a lot of value to finding a mentor within your organization - that individual
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understands the dynamics of your business, the politics and things of that
nature, and can give you actionable feedback that directly relates to your needs.
Likewise, there is also value to having the external point of view as well,
because those individuals are often able to see the issues in a big picture way,
and provide insights based on experiences that may seem totally different at
face value, but in fact have underlying similarities that could be helpful.
Sponsors - It's also important to not only have mentors but to also have
sponsors. Sponsors are people who are really your advocates and will go out of
their way to help pave the way for you through making introductions,
recommending your for jobs or promotions, etc. A sponsor is someone who
talks about you when you’re not in the room, and goes to bat for you when the
opportunity arises.
Mentees - It is vital to make sure that while you have all of the above, that you
also have mentees as well. I believe that you can learn just as much from your
mentees as your mentors, and the value of investing in mentees always comes
back to you exponentially. Many people may think, “I should be checking my
emails and not meeting people for coffee,” but I think the exact opposite. While
it can be challenging to find time to dedicate to mentoring someone else, you
have to pay forward what you get from others. In order to safeguard your time,
you need to set boundaries, but always be open to helping others in the same
way that you’ve been helped along the way.
But how does one go about building a network and developing business
relationships? There are a number of ways. For one, many companies have
mentorship programs that anyone can tap into, which are designed to bring
people from various areas of the company together. But in my view (even
though I've run and designed many programs like that over my career), the best
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relationships are the ones that evolve naturally.
Look for people within your organization (or outside of it) who are doing what
you want to be doing, and reach out to them for a quick coffee or meeting near
their office. Come with a list of questions that directly relate to the person’s
experience and what you’re really hoping to learn, send a thank-you note
afterwards, and stay in touch every now and then to keep the relationship
growing. Strike up a conversation with someone at a networking event or a
conference, and don’t be afraid to follow up with them after the fact. Be open to
people who reach out to you for advice and insights. As you invest in others,
you’ll see an ROI that will greatly enrich both your personal and professional
lives.
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10 Reasons Why Networking Is Essential For
Your Career
The importance of the saying “no man is an Island” has been proved to be the
reason why many of us need to make a collective effort in the bid to achieve
professional success. For many individuals that have succeeded in their career,
the causes have largely been contributed to the strong networking channels they
have created over time.
But the question of who you network with and their relevance to your career
matters more. This way, you don’t have to network with everyone. Rather, first
study how you can contribute to their success, in addition to how you stand to
benefit from their knowledge.
Here are some reasons why networking should be an essential aspect if you
truly want to build your career.
Growth in self-confidence
Networking is the key tool to growth in a resourceful career. Training and
certification garnered from networking builds self-confidence and promotes
self-esteem. The self-confidence that has been built over time can help put you
on a positive spot whenever you interact with like minds in your career. This
also gives you an opportunity to excel well during interview sessions for a job
opportunity. So the more effectively you network, the more self-confidence you
build over time.
I’m not a daily blogger or blog reader and post and read in spurts, so this article
is actually from May. So some of you are likely to have already seen it. I picked
it up from Valdis Kreb’s superb blog.
Here are what I felt are the main points of Hermania’s piece:
Managers often fail at networking because many people haven’t developed good
network-building practices and skills and feel initially that they’re wasting time.
Also many feel that “networking” = using other people, or making superficial
relationships. Not so. Good networking is reciprocal.
● Classmates/study peers
● Professors/teachers
● Meeting recruiters
Far from it being a nuisance, most people love being asked for help – it’s
flattering and makes them feel useful. If you’re struggling with a decision,
challenge or new direction, calling up a trusted former colleague, mentor,
teacher or friend to organise a coffee can be beneficial to both of you, as
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they will in turn think of you when next they have a challenge.
Don’t forget that many jobs don’t even get advertised – particularly as your
career advances – so being a recognised part of networks is a key way to
gain access to opportunities that you might not have otherwise.
For just about everyone else, he says, it's a different story. After interviewing
hundreds of successful executives he found that most could identify 25 or
perhaps 30 relationships that had made all the difference to their careers. And
they recognized those key relationships right from the start.
That's led Sobel to recommend a different, and likely more effective approach
to networking:
It's always worth the trouble to find out a contact's desires and concerns. The
chances are high that you'll be able to find something worthwhile you can offer.
At one event, he recalls, he was introduced to a former CEO of Walmart, which
he wasn't expecting. Left alone to chat, he soon learned that one of the CEO's
family members suffered from a certain medical condition. Sobel's brother is an
expert in this condition and was able to suggest some useful articles that he sent
on to the Walmart CEO.
5. Be intriguing.
If you want to make a connection with a new contact, especially a very busy
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one, the quickest way is to arouse that person's curiosity with something
unexpected. Sobel saw this demonstrated years ago when a friend of his met
with an executive of a large telecommunications company. At the time, re-
engineering was all the rage and that's what Sobel's friend had come to sell.
But the telecom executive cut him off before he began, saying that the
company had already engaged a high-profile firm and had its re-engineering
well in hand.
Sobel's friend was quiet for a moment and then remarked, "We used to do
re-engineering."
"The guy got upset," Sobel says with a chuckle. "It's good to get people
emotionally engaged." The executive was now very much listening to whatever
Sobel's friend had to say.
It's a lot easier to get to know someone and form a connection early in that
person's career, he explains. "It's not that easy to break into the inner circle
of 50- or 60-year-old executives. It's a lot easier to build up that equity
early. So think about who in your network seems to be going places and is
really interesting and make a strong connection. Even if they don't become
an influencer, it'll be an interesting relationship."
Worst of all, the contact had committed the sin of asking for something
without giving or offering anything, or even demonstrating any caring for
Sobel at all. "Before you ask for something, make sure you've invested in
that person," he says.
8. Be generous.
That doesn't mean you should only reach out to contacts or do things for
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them when you expect something in return. "You can't operate with the
thought of reciprocity in mind," Sobel cautions. "If you go around with that
mercenary attitude it will show, and people will think you're a self-
interested schmuck."
Instead, he says, "You have to have a generous spirit. The greatest networkers I
know genuinely like to help others. They're always doing it. And if they ever do
need anything, people will fall over themselves to help them."
Bethany Wallace, Content Manager for College Recruiter, offers seven tips for
networking in the workplace in this short video.
4. Don’t do halfalogues.
What’s a halfalogue? A halfalogue is when you only participate in half the
conversation or dialogue because you’re holding your phone, scrolling
through a text message or email, and aren’t able to fully participate and
interact with your colleagues as a result. At work, you have to put down
your phone if you want to make good impressions and build positive
relationships with your supervisors, colleagues, and clients. It’s not just
rude to play on your phone during meetings; it’s also important to pay
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attention when stopping by someone’s office casually to say hello.
For this reason, it’s best to hold meetings face-to-face. If you work remotely,
consider hosting meetings virtually via Zoom or Skype. If that’s not an option,
you can conference in by phone. At least you can hear voices rather than simply
read words. Simply hammering out emails back and forth gives you the illusion
that you’re saving time, when in fact, you often waste time because you create
confusion which you have to clarify by writing three more emails. Save yourself
the hassle—and build better relationships—by talking to people face-to-face
when possible. You’ll probably find that your networking skills and
communication skills will grow, and you’ll build great relationships, too.
Man is a social animal. So while we enjoy our space, our solitude and time
spent with Me, myself and my tanhai, it usually doesn’t last very long. Simply
because we also crave that occasional interaction, the exchange of ideas, and
sometimes even passionate disagreements, just to feel alive.
And for decades, technology has aimed to fill up the virtual space between
people. What started with rudimentary prototypes of phones, with a pair of tin
cans and a thread, has evolved into a pocket friendly all encompassing smart
phone which connects us to people anywhere, at the tip of our fingers.
This social nature makes us naturally inclined to form relationships, not just the
one we are entitled to by way of family and friends, but also professional ones.
And the development of this jaan pehchaan is professionally called Professional
Networking.
And the hermit in you may ask Why? Why bother getting to know people over
and beyond my already fully packed circle of friends and (un)/desirable family?
1. Get Online
Use professional networking sites like LinkedIn, Facebook or other social
groups and forums related directly or even somewhat indirectly to your
line of profession. And when you get on, don’t just participate but
contribute. Your potential connections will gravitate to you only if they
realize that you have something to offer too.
Write your ideas and opinions in posts visible on like minded groups, use
your existing connections to connect to their’s, or even respond to
relevant topics on forums like Quora. The more digital visibility you get,
the more right people will find you credible enough to associate with.
Read How Social Media can get you Hired?
2. Networking Events
That was the digital story. Coming to the analogue version of you, you –
nothing beats a personal touch. You are more likely to leave a lasting
impression in a one-on-one conversation as compared to a friend request.
As the The Amber Consulting Group suggests, there is much to gain from
making new relationshiops in person, rather than sending out signals over
the broadband. So how to get to know new connections in real? Here are
some commonly practiced and extremely well known secrets,
– Fundraising Events: Events that are designed to attract people from a
certain circle, possibly in your field of interest, is a great place to hunt for
talent. And while they can be expensive to get into, you can try exploring
corporate discounts, if applicable.
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How to know where they are? Use your online social media to search up
events in town. It is most likely for a great cause and you will have a
purpose, besides mingling, to hang around in it. For example, a walk or
run to raise money for a charity, organized by say a venture capital
company, would be a great place to meet relevant people in person.
You don’t have to immediately sell your ideas to get investments for your
start up but you can try to initiate the introductions, lay the ground work
for a relationship. Be interested in what they do before force feeding them
your accomplishments.
– Meet Ups and Other Social Events: The same applies here too. In fact
you don’t even have to show up with a hidden agenda of finding sitting
ducks. Just carry on like you would on any given weekend and if you
happen to meet someone possibly interesting, strike up a conversation.
– Use Your Existing Connections: Here’s your chance to get to know
the friend (of a friend (of a friend (of a friend (…..)…))). Why? ‘Coz if
your 1st order friend is already a match made in professional heaven, you
can trust his choices then on. And just like that you have gone from a
one-dimensional linear connection to a circle and finally a sphere of a
professional network.
3. Don’t just build and forget
Like any relationship, a professional one needs nurturing too. While
turning pesky or stalker-like is absolutely not recommended, it is
essential , though, to build on the network beyond the first hand shake.
What is popularly advised is to keep a note, for your own benefit, of
when and who you met. Then follow up later with a Hi or Whatsup to see
if you have been as memorable to him as he was to you.
Keep the conversations global and casual. If you strike him as always
looking to get something out of him, then it could be a potential
networking suicide. And try to be useful to your network as well because
you are not the only one shopping for a reliable connection. If you have
something unique to offer, oblige.
Honestly, these are the same tips you might get on Match.com – How to meet
someone special and fall in love? Whether you really want to fall in love is
really up to you. But a good professional network can do wonders for your
career. And in this day and age, it is all about who your connections are
anyway.
When you meet the right persons, hand them a tin can and wait for a response
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with the other end glued to your ear, or just exchange business cards Whichever
is easier.
2. Provide Value
There are three ways to provide value to someone. First, by providing them
financial capital. Second, by helping them get distribution through awareness,
whether that be an email list, podcast, shoutout or article, etc. Third, by
providing them knowledge or expertise in an area where they are lacking. If you
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focus on providing someone value in one of those three ways, you can get their
attention and do business. - Fahad Mohammed, BrandX Holdings
5. Be An Active Listener
My best tip: Provide value to others to build lasting relationships. Allow others
to speak first addressing topics of concerns. By listening, we can provide ideas,
tips and advice that could potentially help their business based on our
knowledge of expertise, thus giving us the opportunity to create a deeper
connection and possibly gain business opportunities. - Fred Lam, iPro
Management Group Corp
6. Follow Up
The potential quality of the relationship determines how often I follow up. It
could be monthly, quarterly, etc. Following up is crucial to growing new
relationships. I try to find common ground with people and set up an activity
that we both enjoy. That could be wine tasting, surfing or sporting events,
amongst other things. - Dominic Piccirillo, The Cody Group, Inc.
4 Solid Strategies for Expanding Your 128
Professional Network
It's crucial to build your personal brand and network like a pro
in today's business world. Here's how to do it.
● Professional networking means deliberately creating and maintaining
relationships with others who can help you further your career or personal
brand.
● Many networking tools, including apps and websites, can help you build
successful relationships.
If you ask anyone how they got where they are today, you’ll quickly learn that
many successful business professionals have connections. These connections,
however, were likely not handed to them. Instead, they were forged through
successful professional networking.
We’ll explore strategies for expanding your professional network to help build
your brand, grow your business and achieve your career goals.
Today, as social media changes business tactics, you can network by sending an
invitation on LinkedIn or following a contact on Twitter. But with increased
accessibility, it’s more essential than ever to build your personal brand and
network like a pro.
Here are four ways to grow your professional network:
● Recruit team members. A LinkedIn page can help your company find
and recruit top talent so you can improve your hiring process and find
team members who align with your mission and values.
You can also ask for help from a networking “wingman.” It can be awkward to
brag about yourself to a stranger, Whitman said, but a friend can talk up your
successes and achievements – and you can do the same for them.
“After meeting someone, assuming there is rapport, I make sure I stay in touch,”
Gavrielides said. “Staying in touch with people requires effort, and it is
important to regularly reengage … I feel that conversations must be natural, but
the effort to reengage must be conscious, as we are all too busy to do it
effortlessly.”
Ostlund noted that while social media sites are an excellent way to begin
relationships, authentic professional relationships require in-person meetings to
build depth. Trust is hard to develop without the personal interaction involved in
face-to-face conversation.
Keep in mind that you shouldn’t network selfishly, Whitman advised. Create a
foundation first; learn about the other person and tell them about you. Once
there’s a foundation, it’s OK to ask for something, but don’t jump the gun and
ask for favors outright.
“Networking should be authentic and should be part of both our business and
professional lives,” Gavrielides said. “We are naturally social beings and should
ensure we socialize rather than engage in forced exchange. The relationships I
built along the way are now customers, suppliers, partners, colleagues, investors
… [and] many are close friends.”
● Meetup: The Meetup website gives people the opportunity to, well, meet
up. As the name indicates, the site lets users create social or business
groups, including networking events. To adapt to the pandemic, Meetup
added streaming capabilities. It can be a great tool for expanding your
business.
Do …
● Be prepared for meetings. Being ready means dressing for the action,
making eye contact and using a firm handshake. Another element of
being ready is ensuring people can keep in contact. For in-person
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meetings, have business cards ready with all your necessary contact
information. For online networking events, have a LinkedIn profile,
website and portfolio ready to share.
● Have honest conversations. It’s easy to tell when people are putting up a
front or being disingenuous, so authenticity is essential. People appreciate
honesty and openness, so approach everyone as if you want to be friends.
When talking to people, be clear and concise so you aren’t dominating
the conversation.
● Follow up. It’s crucial to follow up with any connections you make at a
networking event. Sending thank-you notes is one way to do this.
Additionally, if someone gives you advice on getting ahead and finding
opportunities, be sure to look into their recommendations.
Don’t …
● Put people on pedestals. Everyone at a networking event is a person and
deserves the same amount of respect. Try not to be intimidated by
someone in a position of power or fame. Also, don’t try to flatter the
person you’re talking to or show you’re a “superfan.” Most people want
to have a genuine conversation.
● Get discouraged by rejection (or fear of it). Don’t let the idea of
rejection scare you off the path. Even if you go to just one networking
event, you’ll interact with many people, and not everyone will be a fit for
your professional network. You’ll have plenty of opportunities to
connect. Don’t be afraid to introduce yourself. Be kind and courteous.
Ask questions. The more you put yourself out there, the more chances
you’ll have to find strong connections.
1. Lack of reference
Obstacle: For introverts not comfortable with people they don’t know,
networking can be like pulling teeth. Not knowing someone can be like staring
into a black hole, and that’s a grim outlook. Without a frame of reference, how
do you start a conversation?
Solution: It’s important to remember that every friend you have was once a
stranger. Remember this and you can approach people as if you are looking for
a new BFF. Look for someone who either isn’t in conversation or is part of a
conversation that’s lulled and be friendly. Offer your name and what you do and
ask them an opening question such as “What do you know about the day’s
speaker?” or “Have you been to one of these networking events before?” Try
not to scour the room looking for someone that takes your fancy, and instead
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talk to the first person you see. This will get your talking muscles going and will
remove any barriers or insecurities you might be having.
2. Fear of embarrassment
Obstacle: Sometimes it’s not the ‘not knowing someone’ that’s the problem.
Instead it’s the ‘knowing someone’. The fact you are wanting to make contact
with a particular person means that you likely respect them, and that respect can
lead to fear you’ll embarrass yourself.
3. Irrelevant conversation
Obstacle: A flowing conversation is a great thing, but only if it’s about the right
topic. You don’t go to a networking event to talk about what you are watching
on Netflix, but too often a conversation gets stuck on something irrelevant.
Solution: Try to get an understanding of what a person does and then ask
yourself, “How does this persona align with my goals, and how can they benefit
my professional ecosystem?” If you feel yourself getting off topic, steer the
conversation back to the answer to your question. If your conversation
continually moves away from your desired goal, you’re talking to the wrong
person. Remember, successful networking is about prioritising who’s worth
reaching out to and who isn’t. Just because someone holds the same position as
you or is in the same industry, doesn’t mean they should automatically make
your network list. Only nurture the contacts that offer the greatest potential.
4. Herd mentality
Obstacle: When people are grouped together it can influence how they behave.
A group may seem less inviting than an individual, because the people in it
adopt certain behaviours that make it appear there is no room for you to join in.
Solution: Before approaching a group, try to gauge how open or closed off they
are. A group that’s busily discussing a topic that’s exclusive to them might not
appreciate you steering the conversation another way. If the group seems open,
saddle up and give a silent nod or a quick hi to anyone who makes eye contact.
When appropriate, introduce yourself and weigh in on what you’ve heard so far.
Make sure you wait for a small pause before interjecting, and talk to the group
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as a whole rather than single out an individual.
5. Closed books
Obstacle: Despite being at a networking event, many people get bored by the
question of “So what do you do?” and will become a closed book. It’s not that
it’s a bad question, it’s just that it has a transactional taste to it. One of the
reasons people don’t like networking events is that they feel forced to answer
the question over and over. This reduces them only to their title and their
potential economic value. It almost completely exudes their human side.
Solution: Be creative with your questioning so that you can gain this important
answer without having to ask it directly. Asking, “What brought you to this
event?” or “How do you see this event helping your current project?” will
inevitably weave the answer you’re looking for in.
6. Ending conversations
Obstacle: Your goal of a networking event should be to meet as many people as
you can. This is not always possible, however, when someone holds up all your
time. Some people forget their reason for being there and will fixate on the one
conversation.
7. Retaining information
Obstacle: At an event where you speak to a range of different people,
remembering who’s who can be a challenge. Too often you can lose track of
high value contacts because you didn’t debrief the conversation.
8. Next steps
Obstacle: A good conversation is an excellent thing, but only if it leads
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somewhere. Otherwise, you’ll struggle to reconnect down the road.
Solution: Find a rational reason to deepen the relationship and use it to create a
next step. Perhaps you worked on a project that addresses a problem your new
contact is trying to solve and you can offer them some insight. Having an actual
purpose for a meeting down the track will ensure they follow through with it.
● LinkedIn is akin to an online résumé. It's great for showing off your work
history, your skills, and your existing professional contacts. It's also a
great way to find new contacts through your existing ones.
● Facebook is more casual than LinkedIn, but you can use it to connect
with old classmates and former coworkers. Through them, you may be
able to establish new professional contacts.
● Twitter is the most casual of all. You can send messages to anyone at any
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time, making it easy to strike up conversations with strangers without
needing an introduction first.
What's most important is that you learn the norms of each platform. On
Twitter, it's acceptable to butt into any tweet chain and share your thoughts.
Friend requests to strangers may go ignored on Facebook while users on
LinkedIn may be more willing to hear you out. It's up to you to learn the
"rules" of each platform so you don't come off as clueless.
On the one hand, avoid sharing too many personal details. At the very least,
never share your home address and phone numbers for the public to see. These
can be abused in ways that could turn you into a victim of harassment.
On the other hand, don't be afraid to share professional details. The more
clarity you can provide regarding work experience, past projects, current skills,
and personal interests, the more appealing you will be as a new contact. And
don't forget to set up a great profile picture!
One possible exception is if you're a celebrity and your name is the brand.
Examples include Seth Godin, James Clear, Tim Ferriss, Neil Gaiman, John
Scalzi, and even Perez Hilton. Unless people are interested in you instead of
what you can do, separation is for the best.
If you don't hear back, you should probably move on. "Lost" or "forgotten"
emails and requests are rarer than you think. Chances are, it was ignored -- and
sending a follow-up probably won't accomplish much. You can try, but if that's
also ignored, then take the hint and don't push it.
People are more perceptive than you think. If you approach someone as "just
another contact," they can sense it and will respond accordingly. And if you
reach out to someone and show interest in developing a relationship, they can
sense that too. Guess which one they'd prefer.
8. Don't Be a Leech
Professional networking has always been, and will always be, a two-way street.
It's not just about what's in it for you. In order to develop successful contacts
and relationships, both sides need to offer value to the other.
The trick is, "value" can be anything. It could be your skills, personality,
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ability to hold an entertaining conversation, or even your existing contacts. Take
some time to think about what you bring to the table. What would make
someone else want you as a professional contact?
And not only that, but consider helping others for no other reason than to help.
Social media karma is real. Selflessness can go a long way towards building
new relationships, and you'd be surprised by how many doors it can open.
This doesn't mean you should pester the same person over and over.
Nothing good will come of that -- if they aren't receptive, move on. By
persistence, I mean that one person's rejection doesn't mean everyone will reject
you.
Mismatches happen for all kinds of reasons. You just have to take them in stride
and keep putting yourself out there. One by one, your professional network will
grow, and so will your relationships and opportunities.
The fans, in turn, often regard these influencers as role models and follow their
recommendations. In fact, influencers are often perceived as authority figures or
experts in their respective niches.
Influencers are social media celebrities who have a certain amount of leverage
with their fan communities.
It is also important to ensure that your content is grammatically correct and has
the right tone. You can achieve that by using the ProWritingAid style editor and
grammar checker.
Types of Influencers
Influencers can be put into categories according to their follower count or their
content/niche.
Nano-Influencers
Nano-influencers with their small community of followers tend to be very
engaged and yield high engagement rates.
The reason is that people who tend to follow these nano-influencers are most
likely following them because they are interested in their content, rather than
following them just because they’re famous or trending.
Nano-influencers are usually also more engaged and specific with their sponsors
and what they promote, which helps their followers to fully trust their
endorsements.
Nano-influencers are also able to engage more closely with their audiences
since a smaller follower count means you can easily answer a larger percentage
of your followers’ questions and comments.
Micro-Influencers
Although boasting a larger follower count, micro-influencers still have a
relatively decent engagement rate, although a bit lower than nano-influencers.
Macro-Influencers
Macro-influencers have amassed a large following of over 100k, but haven’t
joined the 1M club yet.
Mega-Influencers
Mega-influencers are full-blown celebrities with millions of adoring fans around
the world.
They don’t come cheap and can ask for a lot of money for sponsored content or
brand deals. Their engagement rate is the lowest of the 4 types, but their
audience reach is obviously the highest.
Gamer Influecers
Gaming influencers are people who enjoy a certain aspect, or all, of gaming.
Fitness Influencers
Fitness influencers are all about looking and feeling great.
Fitness influencers come in many different forms. Some provide only nutritional
advice, with others offering exercise and workout guidance. Some prefer to post
a mix of both on their social media accounts.
Jeff Cavaliere, better known for his social media account, Athlean X, has over
13 million subscribers on YouTube and 2.2 million followers on Instagram.
His videos are a mix of exercise programs, exercise advice, and nutritional
guidance. He’ll also vlog about his daily routines or heating habits occasionally.
Photography Influencers
Photography and photographers become internet celebrities through their
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remarkable skills in taking and editing photos.
Photographers who share their work on social media might be lucky enough to
get to endorse a large camera manufacturer like Canon or Sony.
Food Influencers
Food influencers spend a lot of time creating food content related to cooking,
food blogging/vlogging, and reviewing the latest food trends and restaurants.
A popular “foodie” is David Chang. With 1.7M followers on Instagram, David
Chang has to spend his time wisely between his family, food vlogging, and
running his chain of restaurants called Momofuku.
4. Once you have a plan for two or three months out, prepare it and
start publishing!
People will start to listen to you and follow you. The more people that are with
you, the stronger your position will get. Remember, the indicator showing how
influential you are is not dictated by you. It is your community who decides
when you’re an influencer. Respect it and nurture.
One last thing: For people who label themselves as influencers, someone once
said "When you say you are modest, you stop being." In my opinion, the same
applies here.