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Last month, I gave a talk about product management & leadership . This Tweetstorm covers one of the seven topics I presented at the talk. It’s the topic that appeared to resonate the most with the audience.
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Abstract: "Product mistakes are good and should be celebrated." "You must secure quick wins in your first 90 days as a leader." "A surefire path to higher compensation is to secure a bigger title at your next job." These are myths that harm PM careers (and companies) ...
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Mind you, I’m not talking about “mistakes in hindsight”. Rather they are the “what the heck were these people thinking?” flavor of mistakes.
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When we read exposés in the press that lay out the timeline and events leading up to such mistakes (and there have been so many in just the past 5 years), the most common conclusion (incorrect) tends to be: “The people in these companies are stupid”
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So, what is actually going on when an otherwise smart, well-meaning organization makes obvious blunders? And why do some organizations tend to do this over and over again?
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While the exact details surely vary across these situations, one organizational cognitive bias most often at the root. What is it?
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Clark heads over to the nearby hot dog stand. Boy is at it again, but this time, putting himself in even greater danger (he’s now on the other side of the railing).
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Look at Lois Lane. Pretty much ignored Clark Kent earlier when he tried to save the boy, but is vying for Superman’s attention after this dramatic save.
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Now, I have a question for you. If Superman is like most of us — if he cares about appreciation for a job well done — what will he do the next time he’s in this situation?
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(A) Will he try to prevent the boy from falling? Or, (B) will he let the boy fall, transform into Superman within a nanosecond, and heroically rescue the boy from certain death?
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It should be obvious that, if he’s motivated by appreciation and accolades (as certainly most humans are), you should bet on (B), not (A), being the correct answer.
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