Skip to main content

Bringing the Best Out of Best Practices




Apple does it this way. Google does it that way. Microsoft would never do this. A few ultra-successful companies serves as a model for every company. To dominate our arena is something we all strive for. It's natural to copy the best in an attempt to be the best. 

Every company is unique. Different cultures, products, goals. There's no one-size-fits-all way of doing things. Thinking so only creates a false sense of structure and certainty. If we do X, we'll achieve Y.

Oversimplification causes oversight. No prescription works for every patient. No playbook works for every team.

Best practices are sharpened through individual trial and error. Copying another's ignores our unique goals and challenges. 

Studying the best is a great starting point, but it's not the destination. They must be adapted. 

Start small. Experiment. Work and rework. Eventually you'll develop the best practices that work best for you. 



Comments

Popular posts from this blog

ELI5: The Stock Market

Today we get back to basics and answer some of the most common questions about the stock market.

ELI5: ETF Basics

Last week, we talked about how ETFs are not breaking the market. Today, let's take a step back and discuss some ETF basics, like the players involved, how they're created and how pricing works. But first, what exactly is an ETF?

The Art of Giving Feedback

Constructive feedback is an awkward affair. You don't want hurt feelings, but recognize the importance of honesty. You've tried the classic "hoping things will get better on its own" and unfortunately it hasn't played out. When giving feedback, here are a few things that I try to keep it mind. Start with empathy. Step into their shoes and understand their story. If you don't know, ask. Be genuinely curious. Feedback is a dynamic affair. Shared communication with a shared goal towards progress. Take the emotion out of it. Focus on the situation, not the person. Focusing on the person adds unnecessary weight to an already emotionally-bloated event.  Be specific. Give clear examples. Vague feedback equals dismissed feedback.  Doing above won't de-awkward things fully, but it will dampen it and increase the chance of better outcomes.