Tag Archives: managing

What Boxing And Your Business Have In Common

You might be a fan of the sweet science or you might think it’s barbaric.  In either case, there’s something to be learned from the big fight that took place over the weekend.  I mean the Manny Pacquiao – Timothy Bradley bout that ended with Bradley winning in a split decision.  From the minute the result was announced there have been calls for an investigation.  There is an excellent article summarizing the issues in USA Today which also looks at 9 other bouts that had controversial decisions rendered by the judges.  Of course, the issue isn’t really with the judgement – it’s with the entire system of a judged sport.

Gymnastics, diving, figure skating, freestyle skiing – there’s a pretty long list of sports in which winners are decided not by a clock or a scoreboard but by a human being’s impression.  Boxing is a hybrid – in theory a knockout or other stoppage negates the need for judges at all (although we could argue the referee’s judgement about when someone is incapable of defending themselves plays a role too).  What does any of that have to do with your business?

Think about how often we insert our own judgement in decision-making when we don’t have to.  Which version of an ad is more effective?  Which page design is better?  What packaging will attract more customers?  What types of content increase engagement?  Often we look to the HiPPO involved – the highest paid person’s opinion – when it’s very possible to conduct simple A/B tests or spend a few hours looking at existing data.  We ignore the scoreboard and go to the judges. We’re generally not making art – we’re conducting commerce.  Because of that, what I happen to like is less important than which customer-facing experience yield the best return.

In the digital world, its pretty easy to test, adjust, and re-test ad infinitum.  In the non-digital world, product tests, packing tests, etc. are the norm (I’m often disappointed to find that some great product I’ve found is just a test and disappears).  We all need to abandon our egos and learn to love our data a bit more.  Otherwise, we might end up like Manny – on the wrong end of a bad decision.

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Symon Says

Today’s Foodie Friday Fun is a broader business point made by a chef.  I’m going to be brief today but I could go on for hours about the topic (and those who’ve worked for me have heard me do so!)

Michael Symon

Michael Symon (Photo credit: Wikipedia)

I made a note a couple of months ago to talk about a panel discussion at the South Beach food & Wine Festival because I found something that chef Michael Symon had to say resonating with me. HuffPo reported it on it and you can watch the discussion on Ustream if you’re interested.

This is a great summary:

Symon said that the hardest part of being a chef is to delegate work. Over the years, as he has continued to open restaurants, Symon has grown comfortable with the team he has put in place. He hasn’t worked the line in 13 years, but still remains involved in his restaurants. “The greatest chefs are the greatest teachers,” he mused.

Two great points that go well beyond the business of the kitchen.  As I became a better manager and as I trained others to manage, the single most difficult thing for me to get them  (and myself) to do was to delegate effectively.  You can’t do everything and the one thing I tried to make sure I did was to empower others and give them the tools – knowledge, resources – to get done what I charged them with accomplishing.  It requires trust and it requires you to train them. Neither is easy – both are critical.

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Overtime

I’m kind of tired this morning.  I stayed up to watch the first overtime period of a hockey game last night, which turned into a second period and then a third.  In the NHL, playoff overtime periods are the same 20 minute length as a period in a regular game, so it was the equivalent of watching almost a complete second game.  The thing that always strikes me about OT (as overtime is commonly known) is how the players deal with it.  After all, they’re told to put out 100% effort during the game, so what’s left in their tanks if they’re doing that?

into.overtime

(Photo credit: MelvinSchlubman)

It’s a good question for all of us in business.  Then again, we don’t play OT since there’s really no game clock any more.  Overtime is the quaint notion that there is work beyond normal working hours for which we get paid additional money.  Of course, with our “always on” technology, it’s not unusual to receive (and reply to) emails and documents at any hour.  In fact, I’ll bet most of you get antsy if you send a note at any time and don’t receive a reply within an hour.

There are lots of issues here.  The biggest is the same one the players face.  They’ve given everything they have to win during the allotted time and then find out that because they haven’t accomplished the goal they’ve got to continue to give more.  Can they?  These OT games often come down to conditioning and team management – who’s got the fresher legs.  That’s why as managers, we need to make sure our people are pacing themselves since there is no clock in business any more.  Sometimes our best performers will burn themselves out if we don’t make sure they’re turning off the mail and setting the phone to mute, at least on the weekend.

The notion of paying people for overtime work is a fair one yet I don’t know how anyone keeps track.  Business is not just done in the office and burnout can happen anywhere.  There is no clock in business – most of us don’t “punch in” and “punch out.”  As a result, we need to be cognizant that the game might go into OT, the little breaks in between periods of game action won’t be enough to fully recover, and we need to have the stamina to compete.

Make sense?

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