Self-interest guides opposition to change, but lack of self-awareness fuels it even more.
Once you master any system, you typically become blind to its flaws; even if you can see them, they appear far too complex and intertwined to consider changing. But to remain blind is to risk becoming the music industry, in which self-interest (trying to protect short-term gains) trumped self-awareness (few people realized that the old system was about to be overtaken altogether). Industry executives clung to their outdated business model - selling albums - until it was too late and file sharing and iTunes had turned everything upside down.
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The existence of luck also reminds us that our activities are less repeatable. Since change is inevitable, the question is: Do you act to stop it and try to protect yourself from it, or do you become the master of change by accepting it and being open to it? My view, of course, is that working with change is what creativity is about.
Paying attention to the present moment without letting your thoughts and ideas about the past and the future get in the way is essential. Why? Because it makes room for the views of others. It allows us to begin to trust them - and, more important, to hear them. It makes us willing to experiment, and it makes it safe to try something that may fail. It encourages us to work on our awareness, trying to set up our own feedback loop in which paying attention improves our ability to pay attention. It requires us to understand that to advance creatively, we must let go of something. As the composer Philip Glass once said, âThe real issue is not how do you find your voice, but ... getting rid of the damn thing.
Iâm comforted by something Iâve come to believe more and more in recent yearsâthat itâs not always good for one person to have too much power for too long. Even when a CEO is working productively and effectively, itâs important for a company to have change at the top. I donât know if other CEOs agree with this, but Iâve noticed that you can accumulate so much power in a job that it becomes harder to keep a check on how you wield it. Little things can start to shift. Your confidence can easily tip over into overconfidence and become a liability. You can start to feel that youâve heard every idea, and so you become impatient and dismissive of othersâ opinions. Itâs not intentional, it just comes with the territory. You have to make a conscious effort to listen, to pay attention to the multitude of opinions. Iâve raised the issue with the executives I work most closely with as a kind of safeguard. âIf you notice me being too dismissive or impatient, you need to tell me.â Theyâve had to on occasion, but I hope not too often.
This is the paradigm shift that might be required â that organisations and systems can be like people, having purposes without a single goal. An artist doesnât have a successful career by maximising their art; they do it by repeatedly producing work that they are proud of.
Thatâs what the world could look like if we got rid of the blind spots. Business ought to be like artists, not paperclip maximisers. The economic concept of optimisation, and the institutions of management and government which enforce its use, effectively act as a brutal information reducing filter. By taking away the pressure to maximise a single metric (and therefore to throw away information that doesnât relate to it), organisations could apply their decision-making capabilities much more effectively. They could innovate more, design more sustainable solutions and build less adversarial, longer-term relationships with their people.
Another factor at work here, though, is the status quo bias, a powerful and widespread psychological force in business. The concept was introduced by researchers William Samuelson and Richard Zeckhauser, who showed in studies with many kinds of decision-makers, including managers, that âwhen making an important choice, people are more likely to pick the option that maintains things as they are currently.â When youâre enjoying success, your status quo bias is reinforced, which might be just fine. But given that after five, six, or seven years, market conditions will surely have evolved, it usually won't be fine to stick with the status quo later. When responding to those changes would involve making a substantial alteration to or even reversal of a winning strategy or to operational engineering you have orchestrated, the status quo bias makes recognizing the need for change and making the case for it to your team and board a good deal more challenging.