Archive for September, 2020

Technical Risk, Market Risk, and Emotional Risk

Technical risk – Will it work?

Market risk – Will they buy it?

Emotional risk – Will people laugh at your crazy idea?

 

Technical risk – Test it in the lab.

Market risk – Test it with the customer.

Emotional risk – Try it with a friend.

 

Technical risk – Define the right test.

Market risk – Define the right customer.

Emotional risk – Define the right friend.

 

Technical risk – Define the minimum acceptable performance criteria.

Market risk – Define the minimum acceptable response from the customer.

Emotional risk – Define the minimum acceptable criticism from your friend.

 

Technical risk – Can you manufacture it?

Market risk – Can you sell it?

Emotional risk – Can you act on your crazy idea?

 

Technical risk – How sure are you that you can manufacture it?

Market risk – How sure are you that you can sell it?

Emotional risk – How sure are you that you can act on your crazy idea?

 

Technical risk – When the VP says it can’t be manufactured, what do you do?

Market risk – When the VP says it can’t be sold, what do you do?

Emotional risk – When the VP says your idea is too crazy, what do you do?

 

Technical risk – When you knew the technical risk was too high, what did you do?

Market risk – When you knew the market risk was too high, what did you do?

Emotional risk – When you knew someone’s emotional risk was going to be too high, what did you do?

 

Technical risk – Can you teach others to reduce technical risk? How about increasing it?

Market risk – Can you teach others to reduce technical risk? How about increasing it?

Emotional risk – Can you teach others to reduce emotional risk? How about increasing it?

 

Technical risk – What does it look like when technical risk is too low? And the consequences?

Market risk – What does it look like when technical risk is too low? And the consequences?

Emotional risk – What does it look like when emotional risk is too low? And the consequences?

 

We are most aware of technical risk and spend most of our time trying to reduce it.  We have the mindset and toolset to reduce it.  We know how to do it.  But we were not taught to recognize when technical risk is too low.  And if we do recognize it’s too low, we don’t know how to articulate the negative consequences. With all this said, market risk is far more dangerous.

We’re unfamiliar with the toolset and mindset to reduce market risk. Where we can change the design, run the test, and reduce technical risk, market risk is not like that.  It’s difficult to understand what drives the customers’ buying decision and it’s difficult to directly (and quickly) change their buying decision. In short, it’s difficult to know what to change so they make a different buying decision.  And if they don’t buy, you don’t sell. And that’s a big problem.  With that said, emotional risk is far more debilitating.

When a culture creates high emotional risk, people keep their best ideas to themselves. They don’t want to be laughed at or ridiculed, so their best ideas don’t see the light of day. The result is a collection of wonderful ideas known only to the underground Trust Network. A culture that creates high emotional risk has insufficient technical and market risk because everyone is afraid of the consequences of doing something new and different.  The result – the company with high emotional risk follows the same old script and does what it did last time.  And this works well, right up until it doesn’t.

Here’s a three-pronged approach that may help.

  1. Continue to reduce technical risk.
  2. Learn to reduce market risk early in a project.
  3. And behave in a way that reduces emotional risk so you’ll have the opportunity to reduce technical and market risk.

Image credit — Shan Sheehan

Online dating Friends in China

Do you want to night out friends China? If you are a Chinese language woman then you might be considering internet dating a foreigner, but before you do this kind of it is advisable that you just look around for the purpose of other options.

Internet dating a foreigner in China is definitely the same as seeing a foreigner anywhere else, it will oftimes be more difficult should you be not married and still have children. But when you are single or perhaps if you are already married will not mean that weight loss date and also the. It merely requires means that there https://mailorderasianbrides.org/countries/chinese-brides are some differences in just how Chinese people date.

The dating picture in China is very different as a result in the West, particularly in places like Beijing or Shanghai. Chinese persons tend to prefer marriage and home more than they greatly with love-making, so if you are searching for a partner to keep things interesting and online games or for any short term relationship then it might be better if you don’t try to date foreigners.

You can obtain lucky should you know someone by a Far east background, or when you live in an extremely large metropolis where there may be a large Chinese language community. These people are normally very wide open and willing to socialise with anyone, and they may help you find someone who will be open minded and willing for you to do things in concert.

However , if you are trying to night out friends in China you must make sure that you can relate well with them. Should you be Chinese, you could have a problem finding a partner that you are able to relate to. First of all you will have to carry out can be find out what sort of personality they have.

A lot of Chinese folks are extremely timid and they own problems pertaining to other people. If you choose https://www.randami.cl/tienda/exploring-clear-cut-buy-asian-lady-plans/ conclude dating a person that is why it is vital that you keep in mind that this person might not want to see you much, they may want in which to stay their house constantly, and they could find it difficult to have a good evening of sleep. While you are dating a shy person, you may find that you should give up the things that you enjoy most if you want to succeed in observing someone better.

In case you are single in China then it may be which you will satisfy somebody, but you will probably be less likely to get a long term relationship in this country. Lots of women feel that it is better to start with casual relationships and only have an overabundance long term relationships in cases where they think that they want to.

If you are looking for the date in China, ensure you consider your very own priorities trying to get to know every single person before making virtually any decisions about where you will meet. Just because you happen to be dating somebody does not always mean that you should become pressured into a commitment.

Another important point to recollect when going out with in Customer that you have to take the time to become familiar with the person very well. It is important to discover each person on a personal level and to know what they are like. You can ask concerns of their hobbies and interests, or even just their political views. This permits you to gain an insight in what they are just like and so why they think how that they do.

When you decide that you like a person, you must make a date in China immediately. If you intend your time around after that it you can make sure that you and that person are very appropriate which will increase your chances of achievement.

As mentioned earlier, online dating in China and tiawan means staying willing to perform whatever it takes to create it work. For anyone who is able to find somebody that you may get along with you probably will have an much easier time finding a long term relationship.

Dating good friends in China is one of the most effective ways to meet an individual for your long term romantic relationship, but if you wish to find someone that may be fun to be with it is a great idea to just do it and try your good luck. Just remember that it will be easy that might be someone in China that you could really settle back and enjoy backed by.

Sometimes too much is just that – too much.

When your best isn’t good enough, how do you feel? When your best isn’t good enough, what do you do? But more importantly, when your best isn’t good enough, what does that say about you?

If your best used to be good enough and now it isn’t, there are four possible explanations. 1.) Expectations increased and your performance is unchanged. 2.) Expectations increased and your performance increased less.  3.) Expectations increased and your performance decreased.

If expectations of your performance haven’t increased over last year, I want to work where you work because your company is an oasis (and an aberration).  Since nearly all industries and occupations are governed by the unnatural mindset of growth-year-on-year-no-matter-what, it’s highly likely your performance expectations have increased. There’s no need to review this scenario.

In scenario one, your performance is unchanged. Why? Well, you may have tried to increase your performance but issues unrelated to work have consumed huge amounts of your emotional energy, and this new drain on your emotional energy consumed the energy you needed to increase your performance.  A list of such issues includes global warming, deforestation, plastic in our water supply, COVID, political unrest, and the regular issues such as medical care for aging parents, death of your parents, inevitable health issues related to your aging. What does that say about you?

In scenario two, your performance increased, but the increase was insufficient. Maybe your performance would have increased quite a bit, but the special cause issues (COVID, etc.) along with the common cause issues (you and your parents get older every year) impacted your performance in a way that lessened the increase in your performance.  Without the special causes, you would have met the increased expectations, but because of them, you did not. What does that say about you?

In scenario three, even though expectations increased, your performance decreased. In this case, it could be that political unrest and the other special causes teamed up with the common causes (stress of everyday life) to reduce your performance. What does that say about you?

In thermodynamics, there’s a law whose implications make it certain that there’s a limit to the amount of matter (stuff) you can put in a control volume (a defined volume that has a limit).  That means that if every year you add air to a balloon, eventually it pops. Even the strongest ones. And when you extend this notion to people, it says that no matter how much pressure you apply to people, there’s a limit to what they can achieve.  And if you apply pressure that overcomes their physical limit, they pop.  Even the strongest ones. Or, maybe, especially the strongest ones because they try to take on more than their share.

People have a physical limit, and people cannot indefinitely support a mindset of growth-every-year-no-matter-what.  No matter what, people will pop. It’s not if, it’s when. And add in the special causes of COVID, political unrest, and environmental problems and people pop sooner and cannot do what they did last year, no matter what.

And what does all this say about you? It says you are trying harder than ever. It says you are strong. It says you are amazing.

And what does it say about growth-every-year-no-matter-what? It says we should stop with all that, at least for a while.

Image credit — Judy Schmidt

Understand how to Meet Girls From Around the globe

If you are looking for any bride foreign, you may need to find foreign bride for your marriage. You need to know that these types of partnerships do not happen very often. Foreign brides typically appear from Asian, Latin American or Europe. If you are looking for your bride overseas, the Internet is a good source for you. Marriage records are super easy to find through this method.

Different types of females you can fulfill on web based brides to be websites. You can easily find the ideal online dating website with respect to marriage which usually would fit all your requirements and desires perfectly. Such a marriage dating website with so many international brides is the biggest one particular. Hundreds of this kind of portals will help you get foreign bride of your inclination.

Nevertheless , you may search for some negative and scam websites that claim to help you find foreign bride but land in making you trick. These sites lure you with exquisite ladies to whom you think would be the perfect match suitable for you, but in certainty they https://ebrides.org/moldavian-brides/ are not. So always use extreme caution while trying to find your ideal life partner through these sites.

You should also take into account that you will have to spend cash for this sort of a job. Should you be financially good, you may think about approaching a company that will help you find foreign star of the event. But it can be wiser through the help of a reliable and real website. If you cannot afford to invest much cash, you should join any reputed and good online dating service for matrimony. By doing so, you will enjoy to meet several alluring ladies out of different parts of the world.

While getting started with any severe relationships dating internet site, you should be very mindful. Do not be a fool and believe upon what you check out. There are individuals who are actually looking out to old trap you and cheat you in order to make some money. Therefore you should know your partner prior to taking any relationship significantly.

Another important thing that you can keep an eye on is the hidden expenses. Some matrimonial services providers ask you for quite high sum for their provider. So , always avoid them if you want to be ripped off. You can also examine the list of subscribers for each webpage to find international bride. If you find many affiliates who will be serious inside their business, then you should definitely make an effort their company out. Otherwise, it is best for you to stay with the free of charge features of any serious matrimonial services web page.

If you’re not creating derision, why bother?

When you see good work, say so.

When you see exceptional work, say so in public.

When you’ve had good teachers, be thankful.

When you’ve had exceptional teachers, send them a text because texts are personal.

When you do great work and no one acknowledges it, take some time to feel the pain and get back to work.

When you do great work and no one acknowledges it, take more time to feel the pain and get back to work.

When you’ve done great work, tell your family.

When you’ve done exceptional work, tell them twice.

When you do the work no one is asking for, remember your time horizon is longer than theirs.

When you do the work that threatens the successful business model, despite the anguish it creates, keep going.

When they’re not telling you to stop, try harder.

When they’re telling you to stop it’s because your work threatens.  Stomp on the accelerator.

When you can’t do a project because the ROI is insufficient, that’s fine.

When no one can calculate an ROI because no one can imagine a return, that’s better.

When you give a little ground on what worked, you can improve other dimensions of goodness.

When you outlaw what worked, you can create new market segments.

When everyone understands why you’re doing it, your work may lead to something good.

When no one understands why you’re doing it, your work may reinvent the industry.

When you do new work, don’t listen to the critics. Do it despite them.

When you do work that threatens, you will be misunderstood.  That’s a sign you’re on to something.

When you want credit for the work, you can’t do amazing work.

When you don’t need credit for the work, it opens up design space where the amazing work lives.

When your work makes waves, that’s nice.

When your work creates a tsunami, that’s better.

When you’re willing to forget what got you here, you can create what could be.

When you’re willing to disrespect what got you here, you can create what couldn’t be.

When your work is ignored, at least you’re doing something different.

When you and your work are derided, you’re doing it right.

Image credit — Herry Lawford

Say no to say yes.

If the project could obsolete your best work, do it.  Otherwise, do something else.

But first, makes sure there’s solid execution on the turn-the-crank projects that pay the bills.

If you always say yes to projects, you never have the bandwidth to do the magical work no one is asking for.

When was the last time you used your discretion to work on a project of your choosing? How do you feel about that?

If you’re told to stop the project by the most successful business unit, stomp on the accelerator.

The best projects aren’t the ones with the best ROI. The best projects are the ones that threaten success.

If you’re certain of a project’s ROI, there is no novelty.

If the project has novelty, you can’t predict the ROI. All you can do is decide if it’s worth doing.

There’s a big difference between calculating an ROI and predicting the commercial success of a project.

If your company demands certainty, you can be certain the new projects will be just like the old ones.

If the success of a project hinges on work hasn’t been done before, you may have a winner.

Say yes to predictability and you say no to novelty.

Say no to novelty and you say no to innovation.

Say no to innovation and you say no to growth.

Say no to growth and the game is over.

Say no to good projects so you can say yes to the magical ones.

Say no to ROI so you work on projects that could reinvent the industry.

If the project doesn’t excite, just say no.

Image credit – Lucie Provincher

It’s time to start starting.

What do we do next? I don’t know

What has been done before?

What does it do now?

What does it want to do next?

If it does that, who cares?

 

Why should we do it? I don’t know.

Will it increase the top line?  If not, do something else.

Will it increase the bottom line?  If so, let someone else do it.

What’s the business objective?

 

Who will buy it? I don’t know.

How will you find out?

What does it look like when you know they’ll buy it?

Why do you think it’s okay to do the work before you know they’ll buy it?

 

What problem must be solved? I don’t know.

How will you define the problem?

Why do you think it’s okay to solve the problem before defining it?

Why do you insist on solving the wrong problem? Don’t you know that ready, fire, aim is bad for your career?

Where’s the functional coupling? When will you learn about Axiomatic Design?

Where is the problem? Between which two system elements?

When does the problem happen? Before what? During what? After what?

Will you separate in time or space?

When will you learn about TRIZ?

 

Who wants you to do it? I don’t know.

How will you find out?

When will you read all the operating plans?

Why do you think it’s okay to start the work before knowing this?

 

Who doesn’t want you to do it? I don’t know.

How will you find out?

Who looks bad if this works?

Who is threatened by the work?

Why do you think it’s okay to start the work before knowing this?

 

What does it look like when it’s done? I don’t know.

Why do you think it’s okay to start the work before knowing this?

 

What do you need to be successful? I don’t know.

Why do you think it’s okay to start the work before knowing this?

 

Starting is essential, but getting ready to start is even more so.

 

Image credit — Jon Marshall

Mike Shipulski Mike Shipulski
Subscribe via Email

Enter your email address:

Delivered by FeedBurner

Archives