Listen "A Bias for Action Can Make You Fail"
Episode Synopsis
A bias for action can help you do big things and reach big goals. In big projects, it's vital in the delivery phase, which should be fast. But it hurts the planning phase, where it’s better to be slow. In episode 66 of The Incrementalist, you will learn:1) 0:00 A bias for action feels productive but can also backfire and cause big failure in big projects.2) 0:55 Every big project has 2 basic phases: Planning and Delivery. 3) 1:11 In their book, How Big Things Get Done, authors Bent Flyvbjerg and Dan Gardner note that 99.5 percent of megaprojects go over budget, over schedule, fail to deliver promised results, or have some combination of these.4) 2:01 Failed projects use the Think Fast, Act Slow approach (rushed, superficial planning before project delivery). Successful projects apply the Think Slow, Act Fast pattern (careful, precise planning before project delivery). 5) 2:59 To do big things, apply the Think Slow, Act Fast approach with these 5 action tips: i) 3:05 Tip #1 - Commit to not committing. ii) 6:06 Tip #2 - Think from right to left. iii) 8:33 Tip #3 - Tinker, test, and experiment. iv) 12:10 Tip #4 - Figure out what’s your LEGO - your basic building block – and keep adding one block to another. v) 13:19 Tip #5 - Take the outside view, not just the inside view.6) 15:15 Why the significance of planning is often downplayed: The Principle of the Hiding Hand and the Theory of Beneficial Ignorance or Providential IgnoranceYou don't need to be deep in delivery mode to spark creative ideas. Use the think slow, act fast pattern to plan carefully, deliver effectively, and get the best results in big projects. Website: http://www.dyanwilliams.com/The Incrementalist: A Simple Productivity System to Create Big Results in Small Steps, is available on Amazon and Leanpub:https://www.amazon.com/dp/B0CFHYHGFZ(Pros: lowest price for readers and readily available on Kindle)https://leanpub.com/incrementalist(Pros: price flexibility for readers and 60-day money back guarantee)🎧 Listen to The Incrementalist podcast and get transcripts at:https://theincrementalist.transistor.fm/Subscribe to e-newsletter at: https://bit.ly/3J9EbsDTheme Music by: Sebastian Brian Mehr. Album – Olemus; Song – La Nieve. https://open.spotify.com/album/7lbT8zOQMXeWkRUZto3tKL
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ZARZA We are Zarza, the prestigious firm behind major projects in information technology.