Embracing Action: The Jocko Willink Approach to Business Success
It is that time of year. Time is running out to make progress on our big rocks, while we can still influence the peformance review and personal goals. But getting out of planning mode can be really tough. Here are some tough truths to help you and your team get through.
Getting things done operations is hard enough, and speed is often the first tradeoff made towards progress, and sometimes, perfectionism often reigns supreme. We're conditioned to believe that flawless execution is the only path to success. But what if this mindset is actually holding us back?
Enter Jocko Willink, former Navy SEAL commander and leadership expert. Willink's philosophy challenges the very core of our perfectionist tendencies, advocating for decisive action over paralyzing caution.
The Paralysis of Perfectionism
In operations, the quest for perfection can lead to missed opportunities and stagnation. Companies obsess over having all the information, crafting the perfect strategy, or developing the flawless product. Meanwhile, more agile competitors are taking action, learning from their mistakes, and moving forward.
Willink's Action-Oriented Mindset
Willink's experiences in combat shaped his perspective on decision-making. In one harrowing incident during the Battle of Ramadi, Willink had to make a split-second decision that would impact the lives of his team and civilians. With incomplete information and under intense pressure, he chose to act rather than wait for perfect clarity.
This principle translates powerfully to the business world. Willink argues that leaders must be willing to make decisions with imperfect information, then adjust based on results.
Reframing Mistakes as Learning Opportunities
In Willink's view, mistakes aren't failures; they're invaluable learning experiences. This mindset shift is crucial in business. Instead of fearing errors, companies should embrace them as stepping stones to improvement.
Take Amazon, for example. Their failed Fire Phone wasn't seen as a catastrophe but as a learning experience that informed future successful products like the Echo.
The 40%-70% Solution: Colin Powell's Rule
This action-oriented approach aligns with Colin Powell's decision-making rule: if you have 40% of the information you need to make a decision, go for it, and never expect more than 70% certainty. Waiting for 100% certainty often means missing the opportunity altogether.
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The Competitive Advantage of Agility
In today's fast-paced business environment, the ability to act quickly and adapt is a significant competitive advantage. Companies that can pivot quickly based on market feedback often outperform those stuck in analysis paralysis.
Balancing Action with Strategy
While advocating for action, it's crucial to strike a balance. Willink emphasizes the importance of planning and preparation. The key is not to let planning become an excuse for inaction.
Developing Resilience in Business
An action-oriented approach inherently builds resilience. By taking action, facing challenges head-on, and learning from outcomes, businesses develop the capacity to bounce back from setbacks stronger than before.
Conclusion
Embracing an action-oriented mindset doesn't mean being reckless. It means having the courage to move forward with imperfect information, learn from mistakes, and continuously improve. In the words of Jocko Willink, "Hesitation is the enemy of success."
As you navigate the complexities of Contract Operations, remember that perfect information is a luxury rarely afforded. The ability to act decisively, learn quickly, and adapt continuously can be your greatest asset in driving business success.
Are you ready to shift your Contract Operations towards a more action-oriented approach? Message me to discuss strategies for implementing these principles in your business. If you found this article relevant to your firm's approach to decision-making and action, please LIKE this post to help others find this information.
Vice President Sales, Global Head Advisor Relations
3 个月Love this article Kirk. Hope all has been well since the Avasant event where we met. This article is so spot on.
Client Partner North America for Services on Creatio, Dynamics365GP / BC / F&O
3 个月Wow...Wow !!!!!...COuld not believe reading it. So it says that one is actually trapped in the prison of perfectionism which leads to missed opportunities because the market is dynamically changes in the meanwhile. Great insight. I just want to congratulate you for this article. Kirk Mitchell, JD Absolutely unbelievable. article. Really makes my day.