The Tyranny of More
Hank Barnes
Chief of Research-Tech Buying Behavior, Gartner - Exploring the Challenges and Opportunities Surrounding Tech Buying Decisions
This post originally appeared on the Gartner Blog Network. This version may have minor updates and edits.
There is a force in business that plagues all of us. It is most noticeable in marketing and sales (or maybe that is just where I look most often), but the impacts are far and wide. It sits right in front of us; we all see it; but we can’t seem to find ways around it. When we sit back and think about it; it is oppressive and stops us from doing what we want to do and what know we should do.
It is the Tyranny of More.
More leads. More content. More products. More pipeline. More decisions. More projects. More hours. More. More. More. (Shout out to The Andrea True Connection)
The more we more, the more we:
- Sacrifice quality for quantity, and get seduced by the bigger numbers of targets
- Make decisions without enough research and rigor (leading to more bad decisions–which drives the need for more new decisions to course correct
- Tolerate mediocrity and poor conversion rates
- Discover we don’t have time to put deep focus into many activities
- Seek ways to appeal to others plagued by the Tyranny of More, giving them more of what they want, but less of what they need
Once we get stuck here, it is hard to break free.
“We are going to generate better leads this year”
“That’s great”
“As part of that, we will be generating less leads”
“No you won’t”
It really is hard to break free.
But, we need to. All of our buying research shows that the companies that try to do less, have much better results. They have the time and energy to put in the work to make better decisions. For example, free trials are everywhere, but many folks grab the trial and do little or nothing with it–they have too much to do. Those buyers often have purchase regret. Those doing less use the trial to validate assumptions and expectations–and they are happier for it.
That is but one example.
Colin Powell had a decision making formula that was basically summed up as “n=70%”, where n is the amount of information to decide. His point was get enough information, and then “go with your gut.” Don’t wait for n to equal 100%. But what I fear is happening is The Tyranny of More is creating situations where many decisions are made when n is well below 70%.
Break free of the Tyranny of More a little at a time. Some possible steps:
- Pick one thing that you do or that matters to you and invest in it deeply. Deeper research and exploration vs. surface skimming.
- Study decision making best practices and add them to your approach for the critical decisions.
- Create a robust ideal customer profile (not just lip service to one) and put focus there vs casting super broad nets–for both sales and marketing.
- Analyze opportunities, projects, and decisions to determine which ones are the most important–and give them the focus they need, ignoring the meaningless ones.
- Fight against the “and” movement. “Yes, and” is a fantastic tool for improv and brainstorming. But at some point, you have to choose and prioritize. The more on the plate, the less effective everything becomes.
- Help your peers and prospects recognize when they are servants to the Tyranny of More and work together to break free.
Breaking free from the Tyranny of More is a challenge for all of us. But the freedom will be liberating and impactful.
Decision Intelligence & Agentic Analytics | Gartner
1 个月Well put. This is good advice for those starting out in #DecisionIntelligence choosing which decisions to re-engineer, launching #DataProducts or #AIProducts focusing on particular business problems, or updating #DataStrategy aligning to a subset of stakeholder goals. Across so many areas, “more is less”, and quality derives from a focus on “or”, not “and”.
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1 个月Perfect timing to ponder over this as companies are strategizing for the next year....A strategy is not a strategy until you literally pick one path from the many that are available.
Absolutely right on, Hank Barnes the emphasis on volume is pervasive. Pervasive . I wonder how much of it is due to ineffective measurement across marketing and sales.
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3 年Love this - a good reminder to focus on what's essential
Developing the ability to know when to say No is probably the most important capability required for today's businesses to prosper. Really nice article.