The
day you stop learning is the day you probably die. I learn all the time, but
it's the remembering part that I struggle with! I forgot most of what I learned
as a teenager in the 70s, but I do remember an important set of lessons from
snow skiing that apply to business every day.
I can't quite describe the feeling I get standing at the top of a difficult ski
hill. I've been skiing since I was five years old and generally speaking, I have
little trouble getting down 95% of the slopes. But the double black diamond is
not like other runs. To this day it gives me pause.
The double black diamond, unlike any other hill, looks more like a "cliff" than
a "slope" and, inconveniently, is littered with massive bumps called moguls. One
slip could send you reeling down the entire mountain while your gear is
scattered (we call that a "yard sale"). These hills typically have a chairlift
on them, which means you have an audience — likely more interested in your
failure
than your success.
I've learned that navigating both business and the double black diamond run
requires a similar strategy.
Let's look at the various elements.
Strategic PlanningYou
can't plan too far ahead on a double black diamond. The secret is to keep
your knees bent and be prepared to react quickly. Business is the same way.
While planning is good, it's more important to be quick to react.
ObstaclesThe
best laid plans are often interrupted by unplanned obstacles. In skiing you
want to manage your speed by making lots of turns. In business you want to
constantly test different strategies and see what works best to avoid
obstacles.
ImplementationYou
can plan your skiing turns all you want, but making the turns as you planned
is a different story. Many mistakenly think that strategy is the key to
business. Often a successful implementation is ten times more important than
the strategy.
FailureFalling
on a double black diamond is, to say the least, discouraging (and wet and
cold and painful). You might think that adding an extra dose of caution is
the best failsafe against failure. Not true. You need to take risk on the
hill but not too much. Too much caution can be just as dangerous. Playing it
safe in business often means you are blinded to opportunity. Sometimes you
can make more progress by learning from failures than avoiding mistakes.
ExhaustionThe
amount of effort required to stay upright and in control is incredible. The
legs and lungs both burn in unison. The pain is distracting and the
probability of mistakes increases. I'm not a believer in 60-hour work weeks
because in my experience, the longer the work week, the worse the quality of
the work. I believe in quality before quantity.
So why bother with the double black diamonds? Before the descent, I like to take
a few moments standing at the top to allow a small level of panic to slowly
build. The challenge is so intense that I can only manage one or two of these
runs a day. But the thrill of accomplishment (if I survive unscathed) is unlike
anything I've ever experienced.
To face death and conquer it is quite empowering. Facing the challenge of
business is equally thrilling and I wouldn't change my job for anything.
So let's review the business lessons so far. It's difficult to plan for the long
term, and short term planning is more important anyway. Flawless execution is
the most important success factor. It's a mistake to take no risk and if you
don't fail every once in a while, you've missed an important learning lesson.
Finally, at every turn there is someone praying for your next misstep. Rest up
and play it smart. I'll see you on the hill.