We Are Bound By What We Know

Ah, the wonder of a child. We hear all the time that all children are creative, all children are artists; and then something happens as adults and we self-select into those who are creative and artistic, and those who are not.

I wonder how much of this is because as adults we are bound by what we know. The more we bring our knowledge and experience to a given circumstance, the more likely we are to miss an opportunity to look with the fresh eyes of a child. On the other hand, knowledge often equals wisdom, the ability to learn from experience and therefore make better choices.

So, how do we know when we are bringing wisdom and when we are bringing limiting beliefs to a given situation? Perhaps these questions can help:

  1. Is what I am about to do something I have done before and if so, is my previous experience relevant?
  2. If it is something new, is my previous experience truly relevant, or is it holding me back?
  3. Am I uncomfortable with taking on something new and therefore looking for knowledge that will justify my discomfort?
  4. What if I suspended judgement and argued for a reason to say yes?
  5. What if I suspended judgement and argued for a reason to say no?

Why Vistage Works

Elisa K. Spain

 

Multitasking Isn’t All Bad

Multitasking might reduce productivity but it may also boost creativity. Research shows that at least at this stage of evolution, we humans are less productive when we multitask. Article after article reminds us we actually accomplish less multitasking than if we simply did one thing at a time and saw each task through to completion before starting the next one.

What these articles fail to mention is the impact of multitasking on creativity. Have you ever found that when designing a new product or creating a new program that taking a pause, working on something else and coming back to it actually boosts your creativity? A recent study detailed by David Burkus author of “The Myths of Creativity”, supports this experience.

The study was conducted by researchers at the University of Sydney and examined three groups of students tasked with completing an “alternate uses” test — a common creativity drill wherein subjects are given an object and asked to come up with as many uses for it as they can.

The first group was given four straight minutes to work on the exercise.

The second group was given two minutes to work on it, then told to work on a different creativity test — namely, they were tasked with coming up with synonyms for a list of words. They were then given two minutes to return to the original test.

The third group was given the same two minutes on — two minutes off — two minutes back on structure. But during the subjects’ two minutes off, rather than taking on a different creative task, were instead given the much more passive activity of completing a survey that asked them about themselves.

When the results came in, they were fairly stark. The first group, the one that worked for four minutes straight, generated an average of 6.9 ideas during the alternative use test. The second group, which took on creative work in between different legs of the alternative use test, generated 7.6. And the final group, which stepped away from creativity tasks for a few minutes, came up with 9.8 ideas.

In short, multi-tasking is not all bad. In fact, in the right circumstance it may actually be good. So, the next time you have a creative project you are working on, go ahead and stop, go do something completely different and more mundane and you may find a creative boost.

Why Vistage Works

Elisa K. Spain

Ah, The Power Of Retrospection

As part of the big purge, I had a wonderful realization. Looking back, all that stuff that seemed so important, turns out… really isn’t. If only we, especially as leaders, could see this prospectively.

And, we can. Once again, it is a matter of pausing. Simply stopping and asking the following questions:

  1. Does what I am about to do, need doing? I find this one is particularly important to ask about the stuff that seems urgent, which leads to the second question.
  2. Does what I am about to do, need doing, right now? I find, I must make a case to myself why it’s not urgent or I will just do it. In short, life really is not an emergency.
  3. If it really does need doing, am I the right person to do it? The question isn’t will I do it better, it’s what is the best use of my time. And, if I do delegate it, can I do it with a realistic, rather than a now deadline?

Why Vistage Works

Elisa K. Spain

Leadership Quote: Humility Is Not Thinking Less Of Yourself…

 

 

This month’s leadership quote:

“Humility is not thinking less of yourself, it’s thinking of yourself less.”

-C.S. Lewis

Enough said. When we focus outwardly on others, especially our team and their success, we simply become more successful ourselves. I’ve watched this time and time again with the leaders I work with. Those who are simply enjoying the ride, asking themselves and others, how they can be of service, and not thinking about themselves, show up as humble and attract people to them.

 

Why Vistage Works

Elisa K. Spain

Is It Empty Or Filled With Possibilities?

 

For the last month or so, my husband and I have been purging, shredding, scanning, throwing away, and donating stuff. We decided to welcome the new year with less.

For me, less stuff opens up possibilities. Less stuff gives us the freedom to go where we want, if we want, now or in the future. The way I see it, getting rid of stuff opens up space; space to expand and to more easily see and access the things that bring me joy; and in some cases, exchange the old for the new.

For others, stuff is what connects us to the past. Without stuff tightly filling a space, rather than an opening, there is a void, a loss to mourn or a fear of what the future might hold.

Opportunity or emptiness? Abundance or scarcity? These are questions to ask ourselves, as we choose to lighten our collection of stuff (or not).

What Our Vistage Members Want You to Know

Why Vistage Works

Elisa K. Spain

Vistage CEO Confidence Index: Overall Optimism Slips In Q4 2015

 

The quarterly Vistage Confidence Index is now available.

A Look Back and 4 Musts for Business Leaders in 2016:

ci-q415CEOs expressed somewhat greater concerns about the outlook
for the domestic economy but remained upbeat about their own
firm’s prospects in the Q4 2015 Vistage CEO Confidence Index
Survey. Overall, the data does not indicate that confidence is on
a downward slide but is simply moving sideways at high levels.
The well-worn pattern of uneven economic growth has produced
periods of growing optimism followed by the realization that the
economy will not deviate from the more modest growth rates
established since the Great Recession.

The Vistage CEO Confidence Index was 95.5 in the Q4 2015 survey,
just below last quarter’s 96.3 and well below last year’s 107.5.
Importantly, firms were slightly more optimistic about revenue and
profit growth over the past few quarters, and more than half of all
firms planned to expand their payrolls. These data indicate that
firms still anticipate continued growth in their businesses. Indeed,
the most significant challenge now faced by firms is finding, hiring,
training, and retaining staff, reported by 35% of all firms, mentioned
more than twice as frequently as any other issue facing their firms.
With a tighter labor market, these concerns will inevitably mean
higher wages and benefits to secure key personnel.

Below are some key highlights from the Q4 2015 Vistage CEO Confidence Index (all members surveyed):

36% of CEOs said the economy has improved compared to a year ago, down from 63% in last year’s 4th quarter and the worst assessment
of current economic conditions in three years.

25% of CEOs expected gains in the pace of economic growth during the year ahead, the worst outlook in four years.

55% of CEOs planned to expand their workforce in the year ahead.

71% of CEOs expected increased revenue gains in the year ahead. 58% of CEOs expect increased profits.

 

 

 

What Our Vistage Members Want You to Know

Why Vistage Works

Elisa K. Spain

It's That Time Again…

 

What time? In business we call it goal setting time. In our personal lives we call them “new year’s resolutions”.

Here’s how Webster’s defines each of these:

Resolution: “to make a definite and serious decision to do something”

Goal: “something that you are trying to do or achieve”

Hmm, resolution sounds much more committed and yet, the common lore is resolutions are broken soon after made. Why is that?

Here’s the process most follow for business goals:

  • we set goals for the period
  • we prioritize the goals and choose the most important to focus on
  • we identify the steps we, and our team, need to take to get there
  • we identify the dependencies that exist and order the process accordingly
  • we establish monitoring systems and milestones, so we know how we are progressing toward the goal

In short, for business goals we have a process and for those who follow the process, results follow.

In my experience, working with business leaders, some follow a similar process for personal goals and many do not.

I wonder what has to change in our mindset for us to begin to treat personal goals or resolutions as “definite and serious” with the same level of importance as we do our business goals?

For some, it is a health scare that reminds us that life is short and our families depend on us.

Is that really the only way to get from here to there?

What Our Vistage Members Want You to Know

Why Vistage Works

Elisa K. Spain

 

What Does All This Mean, What Will We Do, And How Will We Go About Doing It?

 

I’ve decided to end the year with a guest blog from my friend and fellow Vistage Chair, Larry Cassidy. We’ve been having a discussion amongst us Vistage Chairs about the recent tragedies, hate crimes and terrorism and the related impact some members have begun to see in their companies. For me, Larry’s commentary expressed the challenge we face as a nation and caused me to pause. With that in mind, I am making it visible here, offering you some food for thought as you begin the holiday season.

First, a couple of stories and then Larry’s post.

One Chair began this conversation by sharing these stories

One member reported an angry customer screaming in the lobby of her financial services company that the customer service rep he dealt with (second generation Pakistani American) should go back to her home country.

Another member reported, after I asked if he had seen any evidence of workplace intolerance, that he had four Muslim employees in his IT department and he overheard one of the non-IT employees refer to them as the ‘sleeper cell’. He didn’t know what to say or do. But now that I asked the question, he realizes he needs to discuss with his HR director how to find ways to insure there is not a hostile workplace environment.

Larry’s Post

My first newsletter was sent on June 27, 2011, some 230 newsletters ago. And for those 4½ years I have stepped carefully around politics. Today I will take edge up to that tricky topic, not so much traditional politics, but rather on who we are, and what price we 322-million folks are willing to pay to be that.

We have undergone many serious gut-shots in the past several years, Paris and San Bernardino being the latest. As I ponder these tragedies, and before releasing this newsletter into the wild, my thoughts go to three big ideas:

  • becoming the best version of ourselves,
  • the hard price we are (or are not) willing to pay to get and stay there,
  • our leadership as a part of all that.

There are many pieces to that, and we each have our own ideas. I will share mine below. You may disagree. But I do so because it is a conversation we cannot avoid, and all voices are required.

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

“Give me your tired, your poor,

Your huddled masses yearning to breathe free,

The wretched refuse of your teeming shore.

Send these, the homeless, tempest-tossed to me,

I lift my lamp beside the golden door.”

The Statue of Liberty, dedicated 10/28/1886

Terrorism is a stark and frightening example of what others can do to us. Paris. San Bernardino. Too much, too often. And leadership is what we choose to do about it, and how we go about doing it.

Once again, we confront events with which we have not contended (remember: Pearl Harbor, the Cuban Missile Crisis, 9/11), and while such moments spawn anger and paranoia, they also summon our better angels. Which is one more good reason we would rather live here than anywhere else in the world, our flaws notwithstanding.

As I now savor almost-eight decades, I wonder if our fears might extinguish the Statue of Liberty’s torch, our shining beacon of freedom. And I question whether my opportunity to be born here, to live here, and to experience this thing called America, could have happened had such fear and paranoia won the early days of our history.

A bit dramatic? Go back a century-or-more, and we Irish were potato-heads, lazy scum. Italians were looked on as not much better. Jews? Forget it. African Americans, which was hardly what they were called? Slaves at best. Nor does that count Japanese-Americans or German-Americans in WWII. Pretty lucky for we shoddy Irish (and me) that we got past much of that.

Yes, we each have a right to feel, to fear, to embrace and to be safe. But before we pounce, look around. Soak it in. The ethnic, religious and nationalistic mess we behold is what has combined to make us great. It is our grand experiment, a palate on which each color and belief and ancestry is a part. It is us. So, what will it be ten, or fifty, or a hundred years from now?

Once again, we are in the process of deciding. In every business, classroom, sanctuary, gathering and discussion. And we are the leaders: the parents, coaches, elders, teachers, business executives. Make no mistake, we are deciding, we are leading and we are teaching.

  • So what will we do, and how will we go about doing it?
  • Which parts of what made this country great will we keep, and which will we discard?
  • Will we mirror or will we reject what those who threaten us espouse?
  • And once we decide, once we move on, will we have found our way to safety while continuing to lift our lamp beside the golden door?

This is a big deal.  And we are all right in the middle of it.

 Larry Cassidy

 

P.S. This is the last post this year, see you back here in January.

What Our Vistage Members Want You to Know

Why Vistage Works

Elisa K. Spain

Are Your Expectations Too High Or Too Low?

 

How do you know?

  • Sometimes we set our sights too low and don’t achieve as much as we can.
  • Sometimes we expect too much from ourselves and constantly feel as though we don’t measure up.
  • Sometimes we expect too much from our team or our key vendors and they feel as though they can’t please us.
  • Sometimes we expect too little or don’t ask for what we really want from our employees or our vendors and we end up taking on too much ourselves instead.

How do we know which it is?  For me the litmus test is this…

  • How often are our expectations of ourselves or others met?
  • What does our gut say about that percentage? Too high? Too low?
  • What then is the next step to get our expectations in line with what is possible?

What Our Vistage Members Want You to Know

Why Vistage Works

Elisa K. Spain

Leadership Quote: We Should Try To Be The Parents Of Our Future…

 

This month’s leadership quote:

“We should try to be the parents of our future, rather than the offspring of our past.”

-Miguel de Unamuno

The best way I know to live Miguel’s quote is by being intentional. For some of us, it is setting goals and deciding what we want for the future. For others, it is opening ourselves to discovering the opportunities that await us and how we can best apply our geniuses and contribute to the world. Which way works best for each of us depends on who were are, and where we are, in our lives and our careers. Either way, it is up to us to be the parents of our future, rather than the offspring of our past.

P.S. One way to contribute to the world is to support social purpose organizations.  With that in mind, the four of us have extended our Cara challenge grant through the end of the year.  Click here, if you want to learn more and perhaps join the match.

What Our Vistage Members Want You to Know

Why Vistage Works

Elisa K. Spain