Thinking Patterns

A key human activity is thinking.  Thinking starts with the observation of things and events and ends with the creation of opinions, believes, decisions,  reflections, musings and so on.

we often talk about the value that can be derived from engaging groups of people in teams and leveraging their diversity.  Much of this diversity stems from individuals thinking patterns.

A Multitude of Thinking Processes

How we think is most likely a product of nature and nurture.  That is, the way we think derives from our genetic template coupled with the impacts of our life experiences.

Over the past decade a number of post secondary studiies have demonstrated left handed people are more likely to come up with unconventional solutions.

This is potentially an example of genetically influenced thinking patterns.  Handedness is largely believed to have a genetic component although isolating the related genes and confirming genetic drivers has eluded researchers to date.

Common Thinking Patterns

Some people like to think about an idea slowly over time while others make quick decisions.  Some are more cautious in their thinking while others simply “damm the torpedo’s“ and speed ahead.

All these patterns, whether creative, unconventional slow,or fast can appear very different.  There is power in the diversity and when you have the opportunity to leverage this diversity,  it is to your advantage to embrace it.

Celebrate the fact that others think differently.  Respect everyones contribution, encourage it.

Righting Wrongs

When society makes a mistake, the Canadian approach is to apologize and compensate.  For many misdeeds, depending on the magnitude of the deed, nothing can fix it (that is no amount of compensation).

Whether it be rape of children by priests, wrongful murder of the innocent by authorities or incarceration because of race (e.g., the Japanese during the secod world war) restitution does not right the wrong.

These terrible crimes should never have occured in the first place.

Recognition

Admitting a societies mistake, ackowledging and apologizing definitely helps those impacted and their inheritors more than financial or other fiscal restitution.

Basically, I’d rather be right than rich.  Agreement and apology is all I need.  The past cannot be renewed, the china can never be repaired fully, the cracks always exist.

To rebuild anew and put the past to bed, that is closure, requires clear communication including aknowledgement of the wrong and a committment not to repeat.

Expecting future generations to compensate groups for past wrongs committed by their forebearers does not change the past.  Mostly it causes pleasure to the compensated and disgust to the innocent forced to pay for others sins.

Truth and Reconciliation

Canada is currently moving to restore friendly relations with the countries indigenous people (i.e., reconciliation).  The approach is for all parties to acknowledge past misdeeds, create a platform to prevent reoccurence and move on.

What a great approach, my sincere hope is that this does not become bogged down in discussions and actions directed to fiscal compensation for past wrongs or attacks on the weong doers (e.g., J.A. MacDonald).

Immaturity

Germaine Greer, noted Australian born scholar and femminist said “You’re only young once, but you can be immature forever.”. Wow, someone who understands me.

This quote is quite witty given the definition of immaturity “, that is “behaviour that is appropriate to someone younger.  The definition implies age overcomes immaturity.

Ms. Grier is thinking, age does not necessarily equal mature behaviour.   Passing from youth to middle or old age is not the defining variable relative to immature behaviour.

Immaturity and Experience

As you age you collect experience.  With greater experiential knowledge underpinning your behaviour, it is logical to expect more consistent and effective behaviour.

Of course if one ignores the lessons of experience this would not neccessarily be the case.  Hence, the logic behind the Grier quotation.

The passing of youth can reasonably be expected to be accompanied by the wisdom of age.  However, the ability to effectively leverage your experience through mature behaviour does depend on a few other variables.

Age and Expectation

While it is reasonable to assume our behaviour will improve with age, the zeal and exuberance of youth can carry forward to a late age.  This is not necessarily detrimental.

As I often note in my posts, balance is the key.  Matching your behaviour to expectations while still endulging your inner child is possible.

The key is to avoid surprise or disaffection by creating a perception of the level of maturity your audience expects without ignoring your own inner needs.

Verbal Attack

I have always wondered what the intent is of a verbal attack.. By this I mean phrases that start with the third person and end with an accusation or insult.

For example:

  • you make me mad, you are such an idiot
  • you don’t know how to communication, I can’t understand you
  • how dare you include me without my consent
  • Next time, I ‘d appreciate it if you did not do that

And the list goes on endlessly.

To What Purpose?

Although logic is my friend, for t(e life of me I cannot figure out the value equation behind these kind of messages.  Anyone who presumes they will be taken positively probably needs a rethink.

The shock value or bullying nature might be an attempt to schock a behaviour change but it should not take a rocket scientist to figure out attacks like this will never be well received.

Bullying in the Workplace

A common definition of bullying is acts or verbal comments that could ‘mentally’ hurt or isolate a person in the workplace.

These charges against your dignity or self esteem are simply verbal comments that cause mental anguish.  Yet, many continue to act as if this is acceptable behaviour.

Seeking Results

Although there must be some people who believe these direct blunt personal attacks can elicit the results they seek I learned long ago, that just is not the case.

While the immediate reaction might lead to the behaviour you desire the long term effects are always negative.  If I were to write a book about how to make enemies and build negative influence, this technique would figure prominently.

A word to the wise, when someone try’s this behaviour on you, respond bluntly and clearly.  For many of these bully’s this is the only response that works.

Growth, Value, Dividend or Index

The Globe and Mail, Canada’s National business focused newspaper, wrapped up their strategy lab example portfolios on Saturday, after five years.

The portfolios were struck with $50,000 book value five years ago and nothing was added beyond interest, dividend and captial gains.  Each portfolio manger was bound to a specific style.

The Styles

Growth – focused on innovative and disruptive companies on the verge of rapid growth.

Value Investing – in this case the stock price is cheap relative to the companies net asset value, business prospects and overall market capet (it’s worth more than the market cap)

Dividend Investing – the focus is in income both the return at time of purchase as well as anticipated dividend growth.  Companies whose dividends roller coaster are to be avoided.

Index Investing – basically the holding of ETF’s or Mutual funds that mirror large indexs like the TSX 500.

And the Answer Is (drum roll please)

After five years the growth portfolio had a return of 407%, value was 95%, dividend was 75% with the index portfolio coming last at 48%.

For me though, more important than the style is the fact that all of the portfolio managers avoided market timing.  They made their initial selections and followed this with only minor buying and selling adjustments during the five years.

As well, the portfolios were also relatively contained at over holding of 10 to 15 stocks on average.

This combination of a focused number of well researched strong selections requiring little adjustment over the five years was probably as important a contributor to the success as the specific style.

 

Teamwork

Business buzz words are often over used but sometimes they are very accurate.  Collaberation and teamwork are such  oft overused phrases, sometimes they become just lip service.

I did some volunteering today giving out treats at U of A green and gold day.  The day is an annual celebration of the institutes spirit with a parade, special events, beer tasting, food trucks and best of all free Tim bits and maple leaf cookies.

Teamwork works

At the treats table there were three of us handng out treats.  This entailed placing a napkin and adding a Tim bit and cookie.  My observation was when two of us coordinated the tasks (i.e., teamwork) we could set out three times a many treats as the third person working alone.

Ah ha, teamwork really is more effective.  Best of all my co-volunteer and I had loads of fun poking at each other.  So we were fast and having fun.

Duh

I can hear the feedback to this post, “really that’s the best topic you could find for todays post..Wow, your creativity needs a jolt.”   Un moment s’ll vous plait (hold on a minute please).

Todays scenario was an eye opener for me because it was such a simple use case, the impact of teamwork versus individual effort was imminently measurable.  So the theory becomes a law.

It’s logical to assume teamwork or collaberation is better than individual effort, now I know the theorectical assumption can be, in fact, proven to be true.

Time Change

On Tuesday, the Province of Alberta rejected a private members bill proposing a new time zone for the Province, Alberta standard time.  The new time zone would be the same year round and match the Province of Saskatchewan.

In essence Alberta time would have been Mountain standard Daylight savings year round.  So when other parts of North America (south of us) were on standard mountain time we would be an hour different.

The variations between other time zones would vary during the year, being one additional hour different during standard time durations.  The big advantage, no time change twice a year.

Dark or Light

In Canada, a private member’s bill, is a bill introduced by a member of parliament who is not a cabinet minister.  So, any member of parliament or legislature,  regardless of party affiliation or the members stature can raise a bill.

As these bills do not have the support of the ruling party (via it’s leadership cabinet) they usually only succeed when when there is generally a large amount of popular support by the electorate.

For this time change proposal, over 65% of Albertans were in favour. (based on standard polling statistical analysis).  I am one of those to some degree. But, it did not succeed.

For me, the single zone should have been Mountain standard time as this means it is generally lighter earlier in the morning and darker ealier in the evening.

Obviously I am an “early to bed, early to rise” kind of guy.  However, even if it was the wrong choice (i.e., permanent daylight saving time) the benefits of a single time zone outweigh whether it is standard or daylight.

Although defeated apparently the issue is not dead.  I can only hope.

Patience

Patience is the ability to tolerate delay, trouble or suffering without getting angry or upset.  ” Patience is a virtue” is a fifth century proverb as applicable now as it was then.

In effect controlling negative emotions like anger or anxiety usually creates the opportunity to respond to a particular situation more effectively than if your actions are clouded by feelings.

It is, what am I going to do

Years ago I attended a seminar where the leader suggested taking the approach “It is what it is” when presented with a frustrating situation you had little to no control over.

Since then I have used this techique often and found it leads to patience.  Most importantly though acceptance of things outside your control reduces the likelihood of behaving inappropriately.

Frustration is a leading cause of actions you regret later, yet it really is a weak excuse for misbehaving.

Act when you can, Patience when you can’t

A wise consultant (yes they do exist) once advised me not to worry about things out of my control because there is nothing to be done anyway (i.e., exercise patience) .

He also noted I should not worry about the things within my control, because I can, and should, act to resolve them (patience is not needed in this case).   Following this advice leads to a worry free life.

 

Leading Change

Change can be good if effectively managed.  Change management is a critical skill employed to increase the probability of a successful change.

Submit and hope methods involve announcing a change and then hoping it proceeds without issue.  Changes implemented this way can work, but the risk of failure is high.

Communicate

The most important practice to ensure positive change is two way communication.  The message should be structured so what, why and how are clear.

Feedback is essential, as is responding to others ideas and comments including modifying approaches.  Successful changes require everyones participation.

Top down approach to change often leads to passive resistance.  Simply put, those affected by the change will outwardly accept it but in turn do everything they can to sabotage the result.

Plan and monitor

While ongoing two way communication is the key to success, as a practical matter, defining the approach and methodolgy (i.e., the logistics) and then monitoring the activities throughout the change is needed to allow for issue management.

The unknown and unexpected can and almost always will occur.  To avoid issues from derailing the entire change you want to identify and resolve them as they arise.

Validate the Result

Hopefully changes are not being driven based on some random whim.

The reasons for making the change (i.e., the benefits) should be freely and honestly shared (this is key to getting buy in) and those objectives need to be checked ongoing to confirm they are being achieved and allow for modifications if not.

This is the reason for making the change, after all.

Typhoon #18 and me

I just got back from an interesting visit to Japan.  Over the last 40 years I have visited Japan many times.  This was a first for me, first startled by a missile launch then chased by a typhoon.

Last Wednesday I was just sitting down to a peaceful breakfast with the TV on in the background.  Just around 7:30 an urgent alert flashed on the screen warning of North Korean missile launch.

The missile path was over Hokkaido island and although I was on Shikoku island at the time, it was still unnerving as we awaited news of the progression.

The missile landed out in the Pacific, suspiciously just the distance of Guam from North Korea although much more North.  It really is unsettling to see a dictator and redneck playing silly buggers with each other.

Hiroshima Peace Park

My wife, son and daughter in law visited Peace park in Hiroshima this visit and although I have been there many times the experience is always incredibly moving.

Kim Jong Un and Donald Trump should visit, probably would put an end to any thought of nuclear weapon use (Hiroshima was a small bomb by today’s standards)

Typhoon #18

TV coverage of Typhoon #18 was delayed on Wednesday morning as the entire morning was filled with missile commentary.  I mean how much can you say about mad men and thier missiles, apparently quite a bit.

I love the way the Japanese are so efficient in their naming of these destructive forces of nature, no humanization or personalization needed (unlike hurricane naming conventions).

Typhoon #18 and my party were both on the way to Osaka, the typhoon expecting to land on the 17th and my party expecting to leave by plane that day.   Two things that really don’t go together well.

JR Rail to the rescue

We were saved by frequent, fast and always on time trains.  Changing our departure to Tokyo and travelling by train from Osaka to Tokyo we left Japan at virtually the same time as originally planned.

Typhoon #18 was left in our dust along with a shut down Osaka Kansai airport.  I faced the typhoon and ran.  (I wish I could say I faced the typhoon and won but that would be tough to do.)