Results tagged “perception” from stevenfeinberg.com

"If you are not creating advantages you will probably lose to someone who is"

The entire effort of your leadership ought to be targeted at creating advantages.

Advantage-Making Leaders create advantages that: 
1)  encourage followers,
2) influence outcomes,
3) create forward movement, and 
4) increases opportunity

When your boss, colleagues and people who report to you think of you what is the first thing they think? 
In the back of their mind, do they feel you encourage people, influence perception so people say yes to your request, make things happen that otherwise couldn't happen, spot opportunity and are ready willing and able to take advantage of situations?

Advantage-making leaders create victory in spite of their circumstances. 

Obstacles are not stopping points, but triggers for using your ability to create unexpected solutions. 

A Silicon Valley tech V.P. was working on an initiative that required cross functional commitment and engagement. He found that his peers refused to move forward whenever an obstacle arose. They just stopped, even as their stopping was making it more difficult to meet the deadline. And they didn't call, they just kept finding more questions. Details, in this case, were not going to make a difference. 

When there are obstacles to you stop and wait, do you complain for more than a few minutes, do you ask more and more questions when the answers won't really make a substantial difference, or do you, as this V.P. said, 'Refuse to Lose'? 

He was not saying there is no failure, he was saying there is always something to learn and move forward, to at least take engage. 

Advantage-Makers are often thought of as high risk takers, but they are really doing their best to actively penetrate to the heart of problem and more importantly, to the heart of the solution, that often appears like a big risk to those who decide based upon probability rather than possibility. 

While some obstacles actually are mountains, most are just pebbles that someone has thrown at you when you know how to play the game of advantage-making.


Questions:
What advantages does you leadership really provide?
I'd love to hear



The recovery required both structural and perception changes.
A number of structural changes have been designed and implemented.
And these forces will continue to  work in the midst of uncertainty

But what can you do? 
This is tough but the question now for the economy, and your personal economy
is what energy do you associate with?
With the winners or the losers.
Winners resonate a can do mentality, they are proactive. They don't deny reality but they don't play to the naysayers.

Who do you want to do business with? The naysayers or the resilient who perceive the opportunity that others don't see?

It's time for each of us to influence the perception that we can do and will do.
Perception drives behavior and controversy gets headlines.
We are beyond predominantly structural problems. 
I do believe we must keep the stimulus flowing.

Best remedy for you individually is find ways that are working for you.
Small, medium or large. 
Don't buy the naysayers

Shift the game. Your personal energy is what people first notice.
Shift the question with potential customers. Instead of what can you do for me, ask What can I do for you now?

I can attest to the reality that shifting your energy shifts the interactions fundamentally, and our ability to perceive opportunity


Susan Charles, an Advantage-Maker school principal, has a distinct way of responding to colleagues and peers who make recommendations to solve problems.  Her response is, "Convince Me." 

"That way", she said, " I know they have thought out the issue, found a way to make a case, and if it was well designed it was fine with me that they knew more than i did. And i decide to try their approach."

She wasn't trying to block the idea, rather she wanted a rigorous well thought out argument that she could agree with.
How better off would leaders and entrepreneurs be if they had open minds and said 'convince me' to their employees. Of course, if you are not convinced the presenter goes back to the drawing board. 

Convincing is a real competency. One that can be improved. Your ability to convince others is critical to the perception that you are an A player, an influencer, someone who can influence at work.



Is your boss hungry? If your job is on the line you must make the decision makers hungry. What do hungry people do? They eat. Dinner is served. And you better be serving something they want or you will be sent back or in these times, sent packing.

For Star Trek fans, the analogy is to be Scotty, the Enterprise spaceships’ chief engineer. Whenever the ship was about to blow up, Captain Kirk would ask for, "More shields (or power), Scotty." 

Scotty’s reply was never ‘no problem.’  Rather, 

Scotty would say, “I dunnot (Scottish accent) know if I can do it Captain.”

Captain Kirk: "We need this up in 10 minutes."

Scotty: "It will take at least 30 minutes."

Next scene we see, the ship is saved, once again. Scotty is a hero and lives (keeps his job) for another day.

Just a movie and TV show? Of course, but survivors make themselves indispensable. When your boss discusses issues this is not the time to say ‘no problem’. That may sound strange since most advice would be to think you should say, “Yes, sir/ma’am.” You certainly don’t want to alienate anyone, but your contribution should be positioned as key to the survival of the organization, now and in the future. You must make them hungry (without being obnoxious or foolish) and you are the only one who can feed them. If it really is no problem you are expendable sooner rather than later.

To make them hungry, you must now be adaptable, you must be the one who allays their fears of failure.

Your Advantage-Maker skills must be exercised and refined.

Shift time to produce urgency for your contribution.

Shift interaction to change the game from your need to the company’s need.

Shift perception to take on a winning mindset and influence perceptions to see you as the go to player who can multiply your value to the company.

Shift structure to shape behavior, reducing wasteful inefficiency and cumbersome conflict, this will align and advance the organization for speed, simplicity and ease.

Your talent and contribution matter. Don't forget about quenching their thirst and giving them a dessert as well. Anyone who doesn't think that people aren't spending on sweets in the recession hasn't looked at how waistlines grow in times of stress.

I wonder if you are hungry for knowing how to influence your boss, if so that should confirm that creating desire is most important for you to learn now.


Decision Triggers: My 2 Cents Worth 


You brain makes lightning fast connections. And equally fast decision triggers. A single reliable piece of information that instantly makes judgments. For example, buy low sell high. Instant trigger. Knowing the triggers can influence people to say yes to your request.

Here is how it works.
I call it ‘My 2 cents worth’ influence strategy. But it can be worth immediate cash to you as it has been worth millions when applied.  A $15,000 luxury hot tub spa was producing slow sales. In determining what to do to move sales Dr. Cialdini, an influence strategist, asked the salesman, “What would an addition to a home cost in this neighborhood?”
“About $70,000.”
Next time a prospect asks begin your answer with, “What would an addition to your home run you?”
and immediately after they say $65 - $75,000, you add in this information, “Well this luxury spa is like an addition to your home, and its $15,000.” Sales skyrocketed.

That simple, easy, quick contrast, established a psychological trigger inside the prospects brain that grabbed their attention. A comparison that made enormous sense to the move
them from prospects to buyers.

When you put in your ‘2 cents worth’ make it worthwhile for the customer or your colleague. This is replicable. The masters of influence use it every day. 


What they know is that whatever comes first establishes the context for the conversation. Let me repeat, whatever comes first establishes the anchor for the conversation. When you first walk outside from a movie theater your squint because your eyes need to adjust from dark to light. You’ll say it is so bright out. But it’s just where you’ve just come from. 

By establishing the context - an addition to their home -  so they could and would think of this purchase as a deal. Remember these were people who were looking for a spa. The contrast effect worked as a decision trigger.

Imagine 3 buckets. One with hot water, one with ice and one room temperature.
Place your hand in the hot water and then into the room temperature bucket, it will seem cold.
Place your hand in the ice water and then into the room temperature bucket, it will seem hot. 

Bucket of Ice                             Bucket of Perception              Bucket of Hot Water

                                                       Hot? Cold?
                                            Depends on what came first


Whatever came first affected the ‘bucket of perception’.  It was the contrast that determined the ‘bucket of perception’.  

Ask yourself compared to what? 

You always have to find what matters to your audience and create a contrast.
It’s not about positive thinking or negative thinking, but influence thinking.

The contrast principle is also the foundational thought process used when creating winning brands. Listerine compared to Scope. Bayer compared to Tylenol.

If you are not using the contrast principle I can assure you are bungling opportunity.
And this strategy only costs your “2 cents’ whether you use it with your customers, your peers or your boss.

Advantage-makers spot opportunities in problems - and a recession can be a real problem. And there's the opportunity. Everyone wants their problems solved. 

Most people think about taking advantage of an opportunity, shift to focus on how you can take advantage of a problem. 

People became millionaires during the Great Depression.  And while I don’t know any personally, I don’t think they were all robber barons. Some businesses typically do fine, such as automobile and truck parts.

Be an Advantage-Maker inside your organization. You can either create the horse to ride or pick a winning horse. Your choice. Finding a horse to ride may be faster, simpler and easier at this time.

The first Advantage-Point: 

Adapt and Stretch - the person with the widest range of responses wins. Non-adaptiveness is costly. 

It's not the best who wins, its who is most adaptive

While most people are engaged in cutting and reducing, Advantage-Makers put their attention on creating more value.  Now is the time to distinguish yourself in the marketplace compared to the cut and reduce crowd.

Dr. Fleming discovered peninsulin when a pesty mold killed his bacteria culture. Not a good thing. Fleming made a dimensional shift in his thought process and saw the mold not as a problem but a solution to another problem - that of ridding unwanted bacteria. Solutions are waiting to be found in the recession. Shift your efforts to providing targeted advantages for your customers.  

A person with attention deficit disorder takes his malady - short attention cycles and becomes a master at disaster recovery – ever ready to multi-task and fix things rapidly. 

What solution is looking for the problem you face?

Money is on everyone's mind now. 

Use the code of the advantage maker: time, interactions, perceptions, structures. (T.I.P.S) with the two main problems people are concerned with: surviving and/or saving money. Focus on shifting one or a number of the T.I.P.S. and you may find your opportunity knocking.

For example, shift payments into the future, it will reduce resistance and accelerate sales. Speed is also a time shifting advantage. Taking too long will undermine your responsiveness to customers. Remember customers are really willing to leave now, applying the different shifts can create new value. 

During the recession efficiency becomes the catchword.

There is nothing more efficient than creating an advantage.

How do you categorize experiences?

Do you notice what is there or what is missing?

First, why does it matter?

1) A  technology manager accepted the vendors judgment that shutting down the data center was just like the time before.  This time the system crashed and results were  disastrous, millions of dollars lost.  They missed the small but significant difference.

2) A sales V.P. viewed all challenges as the same old, same old. He almost lost his job because the CEO didn't think he could develop new strategies. Fortunately, we identified and changed his tendency to categorize experience with what he already knew.

Second, do you sort for sameness or difference?

Do you always notice how things are similar to what you already know and do? What's the relationship between this job and the last?  Same or Different?

In other words do you look for matches for your current knowledge?

When a presenter is speaking do you find yourself agreeing with most of what they say? That's just like ...

or

In your thinking do you always find counter-examples.  Ways in which what the speaker is saying isn't accurate.

Are you noticing the mismatches?

The sameness sorting pattern looks for commonalities.

The difference sorting pattern notices what stands out from the rest of the group.

 
Another way to say this is that there is a tendency to either match with, or mismatch what is already there.

Advantage-makers are fluent in both matching and mismatching.

If you want to spot opportunity and create advantages it is useful to mismatch, that is, sort for differences.

Advantage-Makers walk into situations with their ability to actively sort for differences. They note weaknesses, threats, and problems, as well as opportunities that others aren’t seeing. Instead of seeing what is expected, they notice what is unexpected. They are able to spot anomalies and then take advantage of them. The point is not to get caught in any rut.

Practice noticing what is different.

In a task or negotiation, ask yourself,

1) What appears obvious, along with what am I not seeing?
2) In the unlikely event that a problem occurs what will we do?
3)  When you are stuck shift from sameness to mismatching, or from difference to matching.

You can spot opportunity but only if you notice difference

How do you categorize experiences? 

Do you notice what is there or what is missing?

First, Why does it matter?

1) A competent technology manager accepted the vendors judgment that shutting down the data center was just like in the past.  The system crashed and results were  disastrous, millions of dollars lost.  A small difference had a huge consequence. 

 

2) A sales V.P. viewed all challenges as the same old, same old. He almost lost his job because the CEO didn't think he could develop new strategies. Fortunately, we identified and changed his tendency to categorize experience with what he already knew.

 

Second, Do you sort for sameness or difference?

Do you notice how things are similar to what you already know and do? In other words do you look for matches for your current knowledge. 

When a presenter is speaking do you find yourself agreeing with most of what they say? That's just like ...

or

In your thinking do you notice counter-examples.  Ways in which what the speaker is saying isn't accurate.

Are you noticing the mismatches in the case. 

 

The sameness sorting pattern looks for commonalities.

The difference sorting
 pattern notices what stands out from the rest of the group. 

 

Another way to say this is that there is a tendency to either match with, or mismatch what is already there.

 

Advantage-makers are fluent in both matching and mismatching.

If you want to spot opportunity and create advantages it is useful to mismatch, that is, sort for differences.


Advantage-Makers walk into situations with their ability to actively sort for differences. They note weaknesses, threats, and problems, as well as opportunities that others aren’t seeing.

Instead of seeing what is expected, they notice what is unexpected. They are able to spot anomalies and then take advantage of them. The point is not to get caught in any rut. 

Practice noticing what is different.

In a task or negotiation, ask yourself,

1) What appears obvious, along with what am I not seeing?

2) In the unlikely event that a problem occurs what will we do? 

3)  When you are stuck shift from sameness to mismatching, or from difference to matching. 

 

You can spot opportunity but only if you notice difference.  

 

- Steven

When it comes to creating advantages it pays to know what you are after.
There are 4 major criteria that should guide your efforts.

1. Faster - Does your product/service accelerate the sale? Retailer use accelerators all the time.
Does your leadership accelerate the needed change?

2. Easier - Is it easier to use your product than the competitors? ie. Mac's vs. PC.
As a manager are you making your messages easy to take action on?

3. Simpler -  Does your offer simplify the lives of users? It's been said that the future belongs to the simplifiers.
This does not mean simplistic. Google makes internet search simple, easy, fast.

4. Multipliers - this is the king of advantage-making, creating leverage and your edge.  How can you leverage your existing resources? What is a 180 degree shift from the conventional approach that will fundamentally change the game? 

Ipods bring more value to the users. 
Do you want a cup of coffee or do you want Starbucks?  
Barack Obama's Presidential campaign mobilizes millions of young people through Facebook. One supporter can make multiple contacts in seconds, and its rallying and engaging the youth of America. 

Recessions put most at a disadvantage. 
Accept the disadvantage or become an Advantage-Maker.

Take advantage of the recession and leverage your resources. Think about tactics that can multiply and make customers and followers lives easier, faster and simpler.

Remember MEFS (multiplier, easier, faster, simplifier).
The 'R' word. 

'Recession' is on the back of most of our minds. Everything was going along just fine and then boom the worry machine starts.

A rule of thumb is that a recession is two consecutive quarters of shrinking GDP. Are we in one now? We won't technically know for another few months.  But listen to your TV news reporters patrolling the stock exchanges, see the worldwide tumbling of stock markets, and feel the effects of your stock portfolio shrink and it's no longer academic. 

You are on the roller coaster and you didn't even know you bought a ticket. Today the market plummeted 300 points and closed plus 300. A 600 point swing. That's volatility.

How did the sky begin to fall (if it did at all)?

Is a recession a structural problem or a psychological problem?

Certainly, when fear takes hold, perception drives behavior and we head for the exits. But underneath that there is the structural issue. 

Structure drives behavior.  Just as a river has an underlining riverbed that shapes the behavior of river the underlying structure shapes the behavior of the US economy and your business.

Structural forces can strengthen and weaken the economy. Growth, productivity, value creation, fiscal and monetary policy must contend with the housing market slowdown, the subprime mortgage debacle, oil prices skyrocketing, the weak dollar, rising food prices, overextended credit card delinquencies and job losses that are immediately felt. These forces are driving the behavior of the markets and your decisions.  They effect our time horizon and what we think is possible.

I asked my stock broker if the sky was falling and he said this is the cycle, history will repeat itself, things will get better, but it will be rocky for awhile.  But I didn't want the history lesson. I wanted the structural forces lesson.  What and how were the structural forces at play so I could make an informed decision now, instead of a reactive emotional issue to my stock portfolio dropping. 

A recession is both structural and psychological.

To take advantage of the situation 
Advantage-Makers shift perceptions and work with the structural forces at play to form their judgments, or use their influence to change the structural dynamics. 

The stimulus package of fiscal and monetary policy, by the President, Congress and those proposed by the Presidential candidates must address the underlying structure. Short term and long term solutions must reduce structural impediments and structure us to be competitive to be able to win. Otherwise, a 75 basis point rate reduction by the Fed generates fear and uncertainty instead of stability.

We look to our leader for structural solutions. Specifically, their ability to spot the structural forces and influence them for the common good.

Think as an advantage-maker.
 I've been asked, "How do you define leadership?" a thousand times.

While my answer has refined over the years, from my vantage point:
leaders create advantages that encourage followers

And followers can be customers, employees, stakeholders or the voters.  

Your leadership becomes obvious and irresistible when you shift the odds in their favor by producing leverage for followers.

Just because you are in charge or have a title doesn't mean people will follow you willingly.
When you create or endorse advantages that encourage followers you know you have a winner. 
The ipod and iphone engaged a community of users.

If you are a supervisor, do your strategies and tactics create advantage for your employees?

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