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Why doing nothing may sometimes be the best action of all

Why doing nothing may sometimes be the best action of all

Fresh research suggests our bias for action is emotional, not rational.

    An article by Patricia Cohen in the New York Times “Business Day” section on March 1st, reporting on a study made by economist Ofer H. Azar at Ben-Gurion University of Negev in Israel, adds another dimension to the topic of the last article I wrote for Lifehack.org.

    In what I wrote then, I wondered whether our culture’s emphasis on getting things done — preferring action over time for thought or waiting to allow events to unfold further — was anything more than fashion. Now, it seems, there’s evidence that this tendency to want to do something is neither as practical, nor as rational, as you may think.

    How people make high-stakes decisions

    Mr. Azar is interested in a topic much in vogue with contemporary economists: how investors make high-stakes decisions. In classical economics, people are assumed to make rational, independent choices based on self-interest. It’s an assumption that makes for neatness, but it appears to be wide of the mark.

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    Rather than construct some artificial experiment, Azar decided to study professional soccer goalkeepers and how they deal with the toughest, highest-stakes decision they are forced to make on a regular basis: how to act to stop a penalty kick at goal.

    Faced with a player sending the ball towards them at 80 m.p.h. or more, the goalkeeper has only a fraction of a second to decide how to block the shot. It’s a fearful challenge: 4 out of 5 penalty kicks score a goal.

    By analyzing data on more than 300 kicks, the researchers calculated the action most likely to prevent a goal being scored. Surprisingly, it is standing in the center of the goal and doing nothing until the trajectory of the ball can be seen. This resulted in a 1 in 3 success rate — far higher than the average.

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    Yet goalkeepers almost never act in this way. They typically try to guess the ball’s direction before the player’s foot has actually made contact with it, diving left or right to try to be in the right spot when the ball arrives. Neither is a good option. Diving left resulted in success 14% of the time; diving right only 12.6%.

    Why then is it so common to act in a way that is even less successful than the average?

    Fearing censure more than failure

    The researchers suggest that the answer lies in the goalkeepers’ emotions and the response they meet from others after failing. By taking action — even if it’s neither rational nor likely to be successful — they can at least be seen to have done something.

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    If they stand and wait until the ball is kicked and then fail to stop it, they feel worse because of their inaction; and others are far more likely to criticize them for not appearing even to try. It’s better to try a poor action than try a better — but seemingly passive — response if both fail; even though the “inactive” response is more rational and based on a better likelihood of success.

    Others value action, even when it’s wrong

    In today’s business world, action is preferred over the alternatives and is more likely to result in forgiveness when a mistake is made. You can always say that you tried. The person who does nothing is doubly damned: once for the mistake and again for not “doing something.”

    This urge to action — to get things done — is more emotional than rational. “Wait and see” risks your credibility and reputation, even where it can be shown to be the optimal course.

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    “Wait and see” may serve you better than anything you can do right away

    Few, if any, business or career decisions must be made as instantly as a goalkeeper reacting to a penalty kick; all are more complex and dependent on the way external events turn out. Yet managers still face this constant urge to act, even when waiting to see what else may happen can be shown to improve the chances of success.

    It’s interesting that Warren Buffett, probably the world’s most famous and most successful investor, is famous for his inaction. He has even been known to apologize to shareholders in his company, telling them that profits would have been higher if he had spent his time in total idleness, instead of acting to invest their money. Looking to the long term, he ignores short-term ups and downs and simply waits to see what will happen.

    If you think about it, doing nothing is often the right thing to do. Jumping into any action before all the facts are in, or failing to allow events to unfold before fixing on a way to interpret them, is both foolish and irrational. That’s why slowing down can be so powerful in helping you to reach success; you’re less likely to make avoidable errors.

    Organizational and career implications

    Given our strong cultural bias towards action — almost any action — it’s not surprising organizations are filled with people who would far rather do anything than wait on events — even though this would increase the chances that whatever action they choose in the end — even if it remains to do nothing — will be a success. Few decisions in the world of work are made rationally or objectively, especially when emotions from triumph and elation to shame and humiliation are tied up in the outcome.

    Still, the next time you feel that you really ought to get something done, it might be sensible to wonder what is urging you forward. Is it really the rational need to produce an outcome, based on a clear grasp of what is needed; or is it that nagging voice that tells you waiting any longer will leave you open to the charge that you didn’t even try?

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    Last Updated on May 22, 2019

    Ditch Work Life Balance and Embrace Work Life Harmony

    Ditch Work Life Balance and Embrace Work Life Harmony

    How do you usually go about your day?

    Do you wake up in the morning, get ready for work, and then spend the whole day looking forward to being at home and unwinding?

    We often hear about work life balance – having a good balance between work and personal time. Whilst this may sound like a smart idea, it can also imply that we should dedicate at least half of our time to work–and sacrifice time for our “personal life”.

    To me, that seems…off balance. Because, the truth is, it’s nearly impossible to split your time equally between the two. And, you may end up stressing out if you’re not able to meet that expectation of balance.

    Instead, why not think of having work life harmony instead?

    With this mindset, you can actually integrate work into your life in a way that feels more complete. This way, you don’t need to view work and having personal time as separate.

    So, how do you achieve work life harmony?

    Work Life Harmony Explained

    The difference between work life balance and work life harmony is pretty simple.With the former, there is an implication that you have to sacrifice your “life” for work. But, this is the worst way to go about things! How can you truly be at peace in life if you dread 8 hours of your day?

    Work life harmony on the other hand, allows your work to be a part of your life. This means that you can choose to be happy both at home, and at work! Work no longer needs to be seen as the ‘bad’ or un-fun activity.

    Having work life harmony also ensures you’re truly present in whatever place you find yourself.

    Just take a look at Jeff Bezos, CEO of Amazon for example.

    He uses a non traditional approach to work by making time for breakfast every morning with his family, doesn’t set his alarm before going to bed, schedules surprisingly few meetings, and still puts aside a few minutes every day to wash his own dishes.

    He believes that all his staff should stop trying to achieve a ‘balance’ in their work and personal lives as that implies a trade off. Instead, he envisions a more holistic relationship between the two.

    As the world’s richest man, he must be doing something right!

    Rethink Time Management

    Now, when we think of striking a balance, we usually associate it with time, don’t we? How much time are we spending at work versus how much time are we spending in our personal lives?Are we taking enough time to be with our loved ones, to do meaningful activities with others or even for ourselves, or are we just dedicating all our time to work?

    This is the so-called-balance that many struggle with.

    With work life harmony, we learn to rethink time management. By re-assessing how you manage your time, you’ll have a lot more of it. It’s incredible how much time can get wasted over the period of a day–especially when you’re not accurately tracking it.

    Unfortunately, unless you’re consciously making an effort, your brain is not always the best at making accurate judgement calls when it comes to prioritizing. It tends to have a bias towards short term benefits and short term costs.

    As there are often many more options our brains link to short term benefit; when you’re trying to focus on a task that gives you a long term benefit, that task usually becomes low priority. This is otherwise known as Priority Chaos.

    In order to overcome this and be in better control of your time, identify the tasks that need the most focus to get accomplished. If it’s a big task, then it’s good to break it down into smaller bite-sized actions that will provide you with a clearer short term benefit.

    When setting up tasks, give yourself a time limit. The brain has a bias towards short term benefits, and your attention span is limited, so if your tasks are going to take ages to complete, you’ll end up losing focus… and wasting time.

    Once you have all your tasks written down, it’s time to prioritize them. Since you have a time limit, your focus should be on the top priority tasks. By doing this, you will already be able to get more done in less time at work!

    Have Passion for What You Do

    Managing your time is important in achieving that work life harmony. But, perhaps of greater importance, is loving what you do in life.One of the most effective ways to achieve a work life harmony is to really enjoy, or find a purpose, in what you do for a living. Even though everyone isn’t always lucky enough to find a position that pays them for pursuing their passion, you can strive to find meaning in what you are already doing, or pursue something new entirely!

    For example, say you work at an office that sells paper. While many people wouldn’t consider this a world changing pursuit, I beg to differ. Think of all the individuals in the world that rely on paper. From creative types to quantum physics experts, your role at your workplace brings incredible value to many many people all over the world. You will have, without a doubt, helped bring a new idea into existence. Several new ideas to be precise.

    So have a think about what you’re doing now. Is it something that allows you to embrace your passion?

    Or perhaps you might not even know what it is that you love or enjoy doing. Why not explore and reflect on what gives you joy and contentment? Is there an area or industry that you could see yourself exploring to experience that fulfillment?

    Can you find a deeper purpose in what you’re already doing?

    When you’re able to find meaning in your work, you’re that much closer to achieving work life harmony.

    Don’t Be Intimidated By Obstacles and Limitations

    Creating work life harmony is also about understanding yourself–which includes your limitations and past obstacles–as this allows you to become more resilient.

    If you never had to experience struggles, challenges or setbacks, then you would never be forced to adapt and mature. So in theory, having to face obstacles in life is actually quite necessary.

    Most of us think of setbacks and obstacles as negative. Though, if you’re able to maintain an optimistic attitude, you’ll almost always have a higher chance of success of overcoming those obstacles to reach your eventual goal.

    Your attitude towards setbacks will define the outcome of whether you rise from the challenge or remain stuck in it. So, in order to achieve work life harmony, it’s important to have a resilient attitude as challenges will always come your way–especially when you strive to integrate work into your life, and not a separate or dominant part of life.

    Delegate When You Need To

    Of course, when you want to increase productivity and minimize the time or effort spent, a great way to do so is to delegate!

    If you spend a lot of time doing tasks on your own that could be delegated to others (whether at work or at home) you’re losing a lot of precious free time that could otherwise be spent elsewhere.

    At the end of the day, we all have a limited amount of time. So we should all be striving to create a harmonious work and living situation where we can find meaning in all that we do.

    While an overall goal may be meaningful, not all of the milestones or tasks needed to get there may be meaningful. That’s because we have our strengths and weaknesses, likes and dislikes. Not every task is going to be enjoyable or easy to complete. That’s where delegation comes in.

    Delegation simply allows you to leverage time from an external source, thus giving you opportunities to increase your own quality of time. Keep in mind that delegation should be done with deliberate attention, otherwise you may end up over relying on others.

    If you find that you’re running into the problem of over delegating, then it may be time to re-evaluate your motivation for doing whatever it is that you’re doing.

    Embrace the Circle and Become Happier and More Productive

    Living in harmony is about feeling good about the ways in which you spend your time, despite how busy you may be.Your switch from work mode to a more personal mode should be effortless. It’s about integrating your personal life and the things you love into your busy work life!

    It all begins with the shift in perspective. Understanding what your passions are, and learning to be resilient, before taking a different approach to the way you manage your time and everyday tasks.

    These are steps that you can start taking to move away from balance to harmony. 

    Featured photo credit: Photo by Marten Bjork on Unsplash via unsplash.com

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