{"id":3203,"date":"2021-04-12T18:48:29","date_gmt":"2021-04-12T13:18:29","guid":{"rendered":"https:\/\/www.speakin.co\/edit\/?p=3203"},"modified":"2021-04-12T18:48:29","modified_gmt":"2021-04-12T13:18:29","slug":"the-optimism-bias","status":"publish","type":"post","link":"https:\/\/www.speakin.co\/edit\/the-optimism-bias\/","title":{"rendered":"THE OPTIMISM BIAS"},"content":{"rendered":"\n<!-- Quick Adsense WordPress Plugin: http:\/\/quickadsense.com\/ -->\n<div class=\"fff31b069dab2d4baa9938924ee8e97c\" data-index=\"1\" style=\"float: left; margin: 10px 10px 10px 0;\">\n<script async src=\"\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block; text-align:center;\"\r\n     data-ad-layout=\"in-article\"\r\n     data-ad-format=\"fluid\"\r\n     data-ad-client=\"ca-pub-8586106947150931\"\r\n     data-ad-slot=\"4223625083\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script>\n<\/div>\n<h1 style=\"font-style: italic;\"><span style=\"font-size: 12pt;\"><strong>KEEPING YOUR PLAN TO REALITY<\/strong><\/span><\/h1>\n<p>Pilots\u2019 have a mantra: \u2018Brief the plan, fly the brief.\u2019 The brief is the mission; the mission is the brief. Pilots want to feel that their mission has run like a well-scripted, well-rehearsed play: with great timing from every actor, stagehand, and musician; no missed lines; quick recovery from any left-field glitches; each participant having irresistible energy for getting the job done and done well. If a pilot can say \u2018It went according to plan\u2019 at the end of a mission, it\u2019s a happy day. It\u2019s also a rare one, for plans rarely survive contact with reality. The reasons are infinite, but logically, it\u2019s because: the plan was not so good in the first place; someone didn\u2019t know the plan; someone hasn\u2019t followed the plan, or reality has dramatically changed. \u00a0The beauty of a high-performance framework such as\u00a0Flex\u00a0enables you to plan\u2013brief\u2013execute\u2013debrief to address the first three of these risks in turn. But what about the inevitability of change? How do we keep our plan wedded to reality?<\/p>\n<h2><span style=\"font-size: 12pt;\"><strong>Gaps between the plan and its execution, we call them the execution gap or \u201cX-Gap\u201d.<\/strong><\/span><\/h2>\n<p>Regardless of where you operate \u2013 the boardroom, the showroom, the storeroom, or the war room \u2013 \u00a0<a href=\"https:\/\/www.afterburner.com.au\/plan-perfection-prepare-worst\/\">plans have to be adapted<\/a>\u00a0because the reality of a situation changes. If you know how reality will change, you\u2019re smarter and perhaps more divine than most, and your plan will reflect that. (In fact, many changes you will have foreseen and included in the contingencies of your flexible plan.) But if you\u2019re human like us, then you\u2019re going to see a gap between where you WANT to be and where you ARE so that Flex may help.<\/p>\n<p>Flex accepts that as reality changes, the plan changes. Is that a bad thing? If a sinkhole opens up in the road in front of you, do you drive on regardless? In business, we often do just that, purely because of the inertia we experience as an organisation. The greater the inertia, the more complex it is to remain agile and adapt in the face of change.<\/p>\n<p>Let\u2019s go back to the philosophy behind Flex. It\u2019s aiming for flawless execution, not flawless planning. You don\u2019t have to obsess about the plan being perfect because it\u2019s the execution that matters. However fast or good your planning, a plan is accurate only for the minute it\u2019s made. It will keep changing until captured when that is the brief, and then it will continue to change.<\/p>\n<p>So, how do we keep our plan to reality? Every plan should include team check-in points and execution rhythm. Look at Harvard Business reviews article on\u00a0<a href=\"https:\/\/hbr.org\/2017\/11\/5-ways-the-best-companies-close-the-strategy-execution-gap\">regular X-Gap reviews<\/a>\u00a0to analyze\u00a0<em>the plan&#8217;s gap and its execution<\/em>. Each X-Gap (short for \u2018execution gaps\u2019) is a decision point for the mission: continue, adjust, or abort? Greenlight, yellow, or red? If reality changes between X-Gaps, your plan will have to change too.<\/p>\n<!-- Quick Adsense WordPress Plugin: http:\/\/quickadsense.com\/ -->\n<div class=\"fff31b069dab2d4baa9938924ee8e97c\" data-index=\"2\" style=\"float: left; margin: 10px 10px 10px 0;\">\n<script async src=\"\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n    style=\"display:block; text-align:center;\"\r\n    data-ad-layout=\"in-article\"\r\n    data-ad-format=\"fluid\"\r\n    data-ad-client=\"ca-pub-8586106947150931\"\r\n    data-ad-slot=\"5455236699\"><\/ins>\r\n<script>\r\n    (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script>\n<\/div>\n\n<h3><span style=\"font-size: 12pt;\"><strong>WHY HAVE X-GAP MEETINGS?<\/strong><\/span><\/h3>\n<p>Keeping on top of what\u2019s happening in the driving reason for our X-Gap meetings, but not the only one. People forget things, make mistakes, and sometimes don\u2019t get the things you need them to do. (There, we said it. It\u2019s out there.) People don\u2019t always do what they plan to do. (Truth is hard.) People are more likely to do things when they\u2019ve committed to doing so to someone else. People don\u2019t like facing people when they haven\u2019t met that commitment.<\/p>\n<blockquote><p>People are more likely to do things when they\u2019ve committed to do so to someone else, in a peer group. People don\u2019t like facing people when they haven\u2019t met that commitment.<\/p><\/blockquote>\n<h2><span style=\"font-size: 12pt;\"><strong>Accountability<\/strong><\/span><\/h2>\n<p>Do you get the picture? There is simply no better way\u2014without going off on vigilante fantasies\u2014to hold people to their part of the plan. As well as keeping things on track, X-Gap meetings hold people accountable. The plan is\u00a0<em>who\u00a0<\/em>does<em>\u00a0what\u00a0<\/em>and<em>\u00a0when<\/em>, and nobody can hide if something\u2019s not done. Whether it\u2019s an honest oversight or a shirked responsibility, the plan will have to change. You\u2019ll be able to head off small problems before they snowball and become big ones. You\u2019ll also know there\u2019s an internal threat that might have to be managed in plans. Working through those issues builds teamwork and mutual respect.<\/p>\n<h2><span style=\"font-size: 12pt;\"><strong>Build Culture<\/strong><\/span><\/h2>\n<p>X-Gap meetings also underscore the leader\u2019s intent and desire for the mission. Just as the brief is the moment for a leader to stamp a personality on the mission, an X-Gap is a time to reset that personality. Every emphasis a leader makes, and the mood they create in an X-Gap helps build the team\u2019s culture. The leader is restating their responsibility for the plan and its delivery.<\/p>\n<h2><span style=\"font-size: 12pt;\"><strong>ADJUST COURSES OF ACTION<\/strong><\/span><\/h2>\n<p>I found plenty of opportunities to reset the plan and take responsibility for it on the journey with my company, Mode, to build a seventeen-story hotel using innovative modular construction. The idea and plan seemed sound\u2014as sound as something that\u2019s never been done before could be\u2014but it turned out to have a few gaps. Prime among them was the building material.<\/p>\n<p>The concept originated in Papua New Guinea to control building costs with devastating material and labour cost inflation. The mode used steel boxes fabricated offshore or in a PNG factory, placed like LEGO blocks to build up the structure. The problem was transferring the technology to Australia, a country where the building codes and fire standards were based on\u00a0<em>concrete\u00a0<\/em>construction. Yet, the architect, structural engineers, and fabricators at a regular X-Gap could quickly set a plan to find a solution.<\/p>\n<p>The ultimate decision? Mode elected to abandon years of research and engaged an Australian builder of smaller prefabricated buildings, and together they designed and built their hotel. It was a tough decision, leaving behind all that technology and investment capital on the shelf. However, we still achieved our mission objective: owning and building a great hotel for less cost than traditional building techniques.<\/p>\n<p>Fighter pilot missions are briefed and flown on the same day. That\u2019s their execution rhythm, and they stick to that rhythm for as long as their strategy demands. Business missions take longer. If they\u2019re longer than a week, don\u2019t wait for reality to change to call an X-Gap meeting. Make it a regular event and create your execution rhythm.<\/p>\n\n<div style=\"font-size: 0px; height: 0px; line-height: 0px; margin: 0; padding: 0; clear: both;\"><\/div>","protected":false},"excerpt":{"rendered":"<p>KEEPING YOUR PLAN TO REALITY Pilots\u2019 have a mantra: \u2018Brief the plan, fly the brief.\u2019&#8230;<\/p>\n","protected":false},"author":148,"featured_media":4002,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[287,122,151,153,201,212],"tags":[],"class_list":["post-3203","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-goal-setting","category-knowledge","category-learning","category-productivity","category-risk"],"_links":{"self":[{"href":"https:\/\/www.speakin.co\/edit\/wp-json\/wp\/v2\/posts\/3203","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.speakin.co\/edit\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.speakin.co\/edit\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.speakin.co\/edit\/wp-json\/wp\/v2\/users\/148"}],"replies":[{"embeddable":true,"href":"https:\/\/www.speakin.co\/edit\/wp-json\/wp\/v2\/comments?post=3203"}],"version-history":[{"count":0,"href":"https:\/\/www.speakin.co\/edit\/wp-json\/wp\/v2\/posts\/3203\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.speakin.co\/edit\/wp-json\/wp\/v2\/media\/4002"}],"wp:attachment":[{"href":"https:\/\/www.speakin.co\/edit\/wp-json\/wp\/v2\/media?parent=3203"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.speakin.co\/edit\/wp-json\/wp\/v2\/categories?post=3203"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.speakin.co\/edit\/wp-json\/wp\/v2\/tags?post=3203"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}