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The Onward March of Folly

The Onward March of Folly

Despite all of mankind’s technological progress, some patterns seem rooted in human behavior. One of these is the tendency to grab for short-term gains and ignore the longer-term consequences, even when those are almost entirely predictable.

This attitude has been illustrated this week by the announcement from the Ford Motor Company of still more lay-offs, plant closures, and buy-outs of workers’ contracts. For years, Ford’s cars have been becoming less popular; so much so that Ford has been losing heavily on the operation of its car divisions. You would think this would be something the management would have made a high priority and tackled long before firms like Toyota and Hyundai could establish strong positions in the US market. However, there was some tempting, low-hanging fruit, in the shape of truck and SUV sales, that seems to have distracted management with the promise of strong, short-term profits, even while they more or less ignored the clear but long-term issue of how to make Ford cars competitive again.

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With management asleep at the wheel, its eyes fixed on the massive profits Ford made on sales of trucks and SUVs, no one considered what might occur if anything happened to those cash cows. Along comes a huge increase in gas prices in the United States. Now Ford’s gas-guzzlers no longer seem attractive to consumers and sales plummet. What had been merely a problem—how to counter Toyota’s rise to market-leader in cars—now became a crisis. Hence the panic measures to cut costs and dump non-performing assets, while Ford shareholders have to absorb the news that there will be no dividend and the company is unlikely to return to profitability before 2009, if then.

Of course, some people love a crisis, mostly because it gives them an immediate “high” of excitement. I wrote about such “Adrenaline Junkies” earlier this week: people who live their whole lives in a state of permanent crisis, even creating them if they don’t arrive naturally. The post produced an extremely perceptive comment from one reader, who pointed out the following paradox. If you exercise foresight to deal with a problem before it becomes pressing, people see what you have done as obvious. If you wait until the problem reaches crisis proportions, then step in to solve it, you are a hero. So if you want to be noticed, the answer is to avoid using foresight or planning to head off any long-term consequences, at least openly. Wait until people feel real pain, then step in as their savior.

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Short-termism isn’t the only source of today’s rapidly advancing folly. Another is the fashion for setting objectives based on statistics instead of understanding. In “Occam’s Razor”, I pointed out that a good part of the overwork and pressure that infects business today comes from people either collecting data to satisfy this organizational mania for measurement, or facing objectives that have been produced by statistically illiterate bosses. To deal with it, I proposed “Carmine Coyote’s Cutthroat”—a maxim that reads: “Do not invent unnecessary measurements and statistics to manage anything.” I don’t know whether it will catch on, but it would save people from a great deal of heartache and anxiety if it did.

By the end of the week, my concern with human folly, especially among otherwise intelligent leaders, shifted to the manipulation inherent in today’s macho styles of management. In “Integrity Versus Manipulation,” I tried to draw attention to the fact that many of the management fads and fashionable techniques around today are thinly-disguised ways of manipulating people to do what is probably not in their best interests. Macho management is highly manipulative; alternately brutal and bullying, or full of appeals to heroic sentiments, but always about getting people to work harder and faster to benefit others—mostly the executives of the business and the shareholders.

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Folly seems to be firmly in control today in many boardrooms. By a combination of quick fixes, short-termism, and “management by numbers,” executives ignore the obvious long-term consequences of their actions and focus only on short-term wins—even as they risk wrecking the company by doing so. In reality, leaders have ethical duties as well as financial ones, and many management decisions are as much moral as economic. It’s time to slow down, allow reason to replace emotions and adrenaline-fueled hyperactivity, and start facing up to the consequences of foolish decisions at every level.

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Adrian Savage is a writer, an Englishman, and a retired business executive, in that order. He lives in Tucson, Arizona. You can read his posts at Slow Leadership, the site for everyone who wants to build a civilized place to work and bring back the taste, zest and satisfaction to leadership.

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Last Updated on September 28, 2020

How To Study Effectively: 7 Simple Tips

How To Study Effectively: 7 Simple Tips

The brain is a tangled web of information. We don’t remember single facts, but instead we interlink everything by association. Anytime we experience a new event, our brains tie the sights, smells, sounds and our own impressions together into a new relationship.

Our brain remembers things by repetition, association, visual imagery, and all five senses. By knowing a bit about how the brain works, we can become better learners, absorbing new information faster than ever.

Here are some study tips to help get you started:

1. Use Flashcards

Our brains create engrained memories through repetition. The more times we hear, see, or repeat something to ourselves, the more likely we are to remember it.

Flashcards can help you learn new subjects quickly and efficiently. Flashcards allow you to study anywhere at any time. Their portable nature lends them to quick study sessions on the bus, in traffic, at lunch, or in the doctor’s office. You can always whip out your flashcards for a quick 2 to 3 minute study session.

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To create effective flashcards, you need to put one point on each flashcard. Don’t load up the entire card with information. That’s just overload. Instead, you should dedicate one concept to each card.

One of the best ways to make flashcards is to put 1 question on the front and one answer on the back. This way, you can repeatedly quiz yourself into you have mastered any topic of your choice.

Commit to reading through your flash cards at least 3 times a day and you will be amazed at how quickly you pick up new information.

As Tony Robbins says,

“Repetition is the mother of skill”.

2. Create the Right Environment

Often times, where you study can be just as important as how you study. For an optimum learning environment, you’ll want to find a nice spot that is fairly peaceful. Some people can’t stand a deafening silence, but you certainly don’t want to study near constant distractions.

Find a spot that you can call your own, with plenty of room to spread out your stuff. Go there each time you study and you will find yourself adapting to a productive study schedule. When you study in the same place each time, you become more productive in that spot because you associate it with studying.

3. Use Acronyms to Remember Information

In your quest for knowledge, you may have once heard of an odd term called “mnemonics”. However, even if you haven’t heard of this word, you have certainly heard of its many applications. One of the most popular mnemonic examples is “Every Good Boy Does Fine”. This is an acronym used to help musicians and students to remember the notes on a treble clef stave.

An acronym is simply an abbreviation formed using the intial letters of a word. These types of memory aids can help you to learn large quantities of information in a short period of time.

4. Listen to Music

Research has long shown that certain types of music help you to recall information. Information learned while listening to a particular song can often be remembered simply by “playing” the songs mentally in your head.

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5. Rewrite Your Notes

This can be done by hand or on the computer. However, you should keep in mind that writing by hand can often stimulate more neural activity than when writing on the computer.

Everyone should study their notes at home but often times, simply re-reading them is too passive. Re-reading your notes can cause you to become disengaged and distracted.

To get the most out of your study time, make sure that it is active. Rewriting your notes turns a passive study time into an active and engaging learning tool. You can begin using this technique by buying two notebooks for each of your classes. Dedicate one of the notebooks for making notes during each class. Dedicate the other notebook to rewriting your notes outside of class.

6. Engage Your Emotions

Emotions play a very important part in your memory. Think about it. The last time you went to a party, which people did you remember? The lady who made you laugh, the man who hurt your feelings, and the kid who went screaming through the halls are the ones you will remember. They are the ones who had an emotional impact.

Fortunately, you can use the power of emotion in your own study sessions. Enhance your memory by using your five senses. Don’t just memorize facts. Don’t just see and hear the words in your mind. Create a vivid visual picture of what you are trying to learn.

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For example, if you are trying to learn the many parts of a human cell, begin physically rotating the cell in your minds eye. Imagine what each part might feel like. Begin to take the cell apart piece by piece and then reconstruct it. Paint the human cell with vivid colors. Enlarge the cell in your mind’s eye so that it is now six feet tall and putting on your own personal comedy show. This visual and emotional mind play will help deeply encode information into your memory.

7. Make Associations

One of the best ways to learn new things is to relate what you want to learn with something you already know. This is known as association, and it is the mental glue that drives your brain.

Have you ever listened to a song and been flooded by memories that were connected to it? Have you ever seen an old friend that triggered memories from childhood? This is the power of association.

To maximize our mental powers, we must constantly be looking for ways to relate new information with old ideas and concepts that we are already familiar with.

You can do this with the use of mindmapping. A mind map is used to diagram words, pictures, thoughts, and ideas into a an interconnected web of information. This simple practice will help you to connect everything you learn into a global network of knowledge that can be pulled from at any moment.

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Learn more about mindmapping here: How to Mind Map to Visualize Your Thoughts (With Mind Map Examples)

Featured photo credit: Alissa De Leva via unsplash.com

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