five ways to improve operating margin during covid
are you too generous with your writeoffs?
by bill penczak
talent & career development
how to stay in the present
this goes for both your business and personal lives.
by bill reeb
have you ever caught yourself daydreaming and realized a significant amount of time has passed while you were on autopilot and you can’t remember any details in between?
more: don’t use only your strengths | work smarter, not harder | why we risk change | learn to embrace failure | what would make you happy? | do you have a goal or just a speed?
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in the beginning, when i was driving back and forth between austin and arlington when michaelle was earning her ph.d., i found that there were times when my mind would get immersed in a topic and when i came back to the present, i might have driven between 50 and 100 miles. i couldn’t remember passing through cities. i did make the drive often, so the road was familiar, but what a scary thought that i was driving a death machine at 70 miles an hour on a crowded freeway and had no recollection of my navigation for such a long distance.
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don’t use only your strengths
sometimes it’s better to focus on technique.
by bill reeb
“invest in loss” is a technique that helps us expand our knowledge and ability by setting our ego aside so that we can learn how to work better and get better. with invest-in-loss, the focus is on improving; whether you win or lose, whether you look bad or like a pro, whether you are embarrassed or held up as an example, the key is to improve.
more: work smarter, not harder | stop ignoring opportunities right in front of you | what a pro knows | don’t let opportunities become detours | what are you giving priority?
don’t confuse investing in loss with “give up and don’t care.” these two phrases have nothing in common. while investing in loss still means you are trying, you are not restricting yourself to those approaches that give you the best chance of “winning.”
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work smarter, not harder
the key? constantly build on the basics.
by bill reeb
always keeping the basics top-of-mind can help you work better. this technique is about making sure you are always building on a strong foundation – strong enough for where you are now, but also strong enough to support where you plan to be.
more: stop ignoring opportunities right in front of you | are you your biggest obstacle? | why your to-do list isn’t getting done | appreciate the joy that comes from work | covid-19 crisis requires new mindsets | 3 early warning signals for overachievers | how overachievers can get ‘unstuck’
if your foundation isn’t built for the load you will eventually put to bear on it, then though you might make great progress doing the work in the short term, your gains will all crumble underneath you in the long term.
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stop ignoring opportunities right in front of you
how “take what’s given” works in business.
by bill reeb
in the practice of martial arts, the concept of “take what’s given” is drilled in to teach us to respond to what our opponent is offering rather than either following some mental plan we have conjured up or over-relying on our strengths.
more: are you your biggest obstacle? | why we risk change | learn to embrace failure | what would make you happy? | do you have a goal or just a speed? | learn more by letting go
when you have an unfamiliar opponent, both a mental plan and leveraging strengths require information you don’t have to dependably work. in other words, those two options presume superiority – that i know my strengths are greater, or that my plan has all the necessary contingencies to appropriately react to the actions and reactions of my opponent. how could you have this level of knowledge or insight about an unknown opponent?
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