1 00:00:00,120 --> 00:00:01,960 Speaker 1: Well, I think good books have to start with a 2 00:00:02,000 --> 00:00:05,080 Speaker 1: good question, and I go back to the work of 3 00:00:05,680 --> 00:00:09,000 Speaker 1: a very well known scholar who wrote a paper on 4 00:00:09,119 --> 00:00:12,280 Speaker 1: the science of the interesting, and what he found was 5 00:00:12,320 --> 00:00:17,560 Speaker 1: that to make something interesting, it should challenge weekly held assumptions. 6 00:00:21,640 --> 00:00:23,959 Speaker 2: Welcome to How I Work, a show about the tactics 7 00:00:24,079 --> 00:00:26,360 Speaker 2: used by leading innovators to get so much out of 8 00:00:26,360 --> 00:00:29,240 Speaker 2: their day. I'm your host, doctor Amantha Imba. I'm an 9 00:00:29,320 --> 00:00:33,319 Speaker 2: organizational psychologist, the founder of innovation consultancy Inventium, and I'm 10 00:00:33,360 --> 00:00:37,159 Speaker 2: obsessed with finding ways to optimize my work day. My 11 00:00:37,360 --> 00:00:41,040 Speaker 2: guest on today's show is Riada McGrath. Rita is a 12 00:00:41,120 --> 00:00:44,880 Speaker 2: world renowned professor at Columbia Business School, where she directs 13 00:00:44,880 --> 00:00:48,559 Speaker 2: the popular Leading Strategic Growth and Change Program. Rita is 14 00:00:48,680 --> 00:00:52,720 Speaker 2: widely recognized as an expert on leading innovation and growth 15 00:00:52,800 --> 00:00:56,160 Speaker 2: during times of uncertainty, and she has received the number 16 00:00:56,160 --> 00:00:59,800 Speaker 2: one Achievement Award for Strategy from the prestigious Thinkers fifty 17 00:01:00,080 --> 00:01:02,720 Speaker 2: and has been consistently named one of the world's top 18 00:01:02,760 --> 00:01:07,360 Speaker 2: ten management Thinkers and it's bi annual ranking. Rita is 19 00:01:07,400 --> 00:01:09,840 Speaker 2: the author of the best selling book The End of 20 00:01:09,880 --> 00:01:13,680 Speaker 2: Competitive Advantage, and her latest book is Seeing Around Corners, 21 00:01:13,720 --> 00:01:16,600 Speaker 2: how to spot inflection points in business before they happen. 22 00:01:17,280 --> 00:01:20,440 Speaker 2: Rita's been rated one of the twenty five smartest women 23 00:01:20,520 --> 00:01:22,800 Speaker 2: to follow on Twitter by Fast Company and was also 24 00:01:22,959 --> 00:01:28,680 Speaker 2: voted HR Magazine's most influential international thinker. So it probably 25 00:01:28,680 --> 00:01:31,160 Speaker 2: goes without saying that I was very excited to speak 26 00:01:31,200 --> 00:01:35,479 Speaker 2: to Rita. I've followed Reader's work for several years, and 27 00:01:35,840 --> 00:01:38,360 Speaker 2: I got connected with her personally after one of my 28 00:01:38,440 --> 00:01:41,319 Speaker 2: teammates was lucky enough to be taught by her at 29 00:01:41,400 --> 00:01:45,120 Speaker 2: Columbia University. So in this chat we have quite a 30 00:01:45,160 --> 00:01:49,880 Speaker 2: few different topics, ranging from how Reader prioritizes what to 31 00:01:49,920 --> 00:01:53,080 Speaker 2: work on, her process for coming up with new ideas 32 00:01:53,120 --> 00:01:56,800 Speaker 2: and writing books, and also how she assembled her own 33 00:01:57,000 --> 00:02:01,040 Speaker 2: personal board of directors. So on that note, let's go 34 00:02:01,160 --> 00:02:05,120 Speaker 2: over to Rita to hear about how she works. Rita, 35 00:02:05,200 --> 00:02:06,240 Speaker 2: Welcome to the show. 36 00:02:06,640 --> 00:02:09,200 Speaker 1: Oh, it's a pleasure to join you now. I think it's. 37 00:02:09,080 --> 00:02:12,160 Speaker 2: Always interesting doing these interviews towards the end of the year, 38 00:02:12,200 --> 00:02:15,400 Speaker 2: because we're pretty much in mid December, where you know, 39 00:02:15,440 --> 00:02:18,320 Speaker 2: about a week away from the whole world going on 40 00:02:18,400 --> 00:02:22,480 Speaker 2: Christmas holidays, and I'm curious as to whether you have 41 00:02:22,639 --> 00:02:26,600 Speaker 2: any sort of rituals around this time of year, whether 42 00:02:26,639 --> 00:02:29,640 Speaker 2: they be you know, setting up goals or priorities for 43 00:02:29,680 --> 00:02:32,400 Speaker 2: the new year, reflecting on the year that's been. How 44 00:02:32,400 --> 00:02:34,120 Speaker 2: do you kind of operate at this time of year 45 00:02:34,160 --> 00:02:36,320 Speaker 2: in terms of working out what twenty twenty is going 46 00:02:36,400 --> 00:02:38,320 Speaker 2: to bring For myself? 47 00:02:38,360 --> 00:02:43,600 Speaker 1: I have a pattern of going with my husband to Ireland, 48 00:02:44,320 --> 00:02:47,320 Speaker 1: and I find that being in a completely different context 49 00:02:47,320 --> 00:02:50,200 Speaker 1: than the one i'm normally naturally leads to you know, 50 00:02:50,320 --> 00:02:53,080 Speaker 1: a lot of time for reflection and introspections. So I 51 00:02:53,080 --> 00:02:57,200 Speaker 1: think that's probably as much of an annual ritual as 52 00:02:57,240 --> 00:02:58,120 Speaker 1: I get involved with. 53 00:02:58,720 --> 00:03:01,680 Speaker 2: Do you set new year's goals or resolutions or anything 54 00:03:01,760 --> 00:03:02,079 Speaker 2: like that. 55 00:03:03,520 --> 00:03:07,480 Speaker 1: Sometimes this year we have Last year was mainly about 56 00:03:07,639 --> 00:03:09,800 Speaker 1: getting the book out, you know, I've just written a 57 00:03:09,800 --> 00:03:13,079 Speaker 1: book called Seeing Around Corners, and so for last year 58 00:03:13,120 --> 00:03:17,440 Speaker 1: that was really the dominant activity and everything really had 59 00:03:17,480 --> 00:03:19,760 Speaker 1: to do with that. So now that that's in the 60 00:03:19,760 --> 00:03:22,720 Speaker 1: rearview mirror, we're getting ready to look at what the 61 00:03:22,760 --> 00:03:26,520 Speaker 1: next the next set of things should be and how. 62 00:03:26,200 --> 00:03:29,000 Speaker 2: Do you land on that. What's what's your process for 63 00:03:29,400 --> 00:03:32,639 Speaker 2: prioritization and thinking about what is the next thing? 64 00:03:34,040 --> 00:03:37,120 Speaker 1: Well, I think like most people, you know, it has 65 00:03:37,160 --> 00:03:42,040 Speaker 1: several different areas of activity. So there's economic you know, 66 00:03:42,080 --> 00:03:43,400 Speaker 1: how we're going to pay the bills and keep the 67 00:03:43,480 --> 00:03:46,800 Speaker 1: lights on. There's what am I really passionately interested in? 68 00:03:47,720 --> 00:03:51,240 Speaker 1: And then there's you know, what are the things that 69 00:03:51,480 --> 00:03:54,720 Speaker 1: I'm uniquely able to do that other people can't do? 70 00:03:55,360 --> 00:03:59,080 Speaker 1: And it's usually that ven diagram that leads to things 71 00:03:59,200 --> 00:04:00,320 Speaker 1: rising to the top of the heap. 72 00:04:01,240 --> 00:04:04,200 Speaker 2: That's very sensible. I think that, you know, we find 73 00:04:04,200 --> 00:04:06,400 Speaker 2: that with the work that we do, people really struggle 74 00:04:06,480 --> 00:04:11,160 Speaker 2: with with prioritizing and I guess having those different lenses 75 00:04:11,200 --> 00:04:14,040 Speaker 2: and looking for that crossover in the Venn diagram, and 76 00:04:14,120 --> 00:04:16,120 Speaker 2: I think is a really practical way of approaching that. 77 00:04:16,240 --> 00:04:19,960 Speaker 2: Is that how you've always done it, either consciously or unconsciously, 78 00:04:20,040 --> 00:04:21,479 Speaker 2: or is that something that's evolved for you. 79 00:04:22,360 --> 00:04:25,520 Speaker 1: It's evolved for years what I've been doing. And of course, 80 00:04:25,520 --> 00:04:27,520 Speaker 1: as you know, with our the kind of work that 81 00:04:27,560 --> 00:04:29,960 Speaker 1: we do, there's always the question of should you accept 82 00:04:30,000 --> 00:04:33,960 Speaker 1: a specific engagement or not. And what I actually developed 83 00:04:34,160 --> 00:04:38,520 Speaker 1: was a scoring system that what it basically does is 84 00:04:38,560 --> 00:04:42,279 Speaker 1: it takes each of those dimensions of strategy and gives 85 00:04:42,320 --> 00:04:45,080 Speaker 1: it one of three possible scores. So it gets a 86 00:04:45,160 --> 00:04:48,240 Speaker 1: nine if it's absolutely perfect, it gets a three if 87 00:04:48,279 --> 00:04:50,400 Speaker 1: it's you know, it could go when we're another and 88 00:04:50,440 --> 00:04:52,760 Speaker 1: it gets a one, or even a negative score if 89 00:04:53,240 --> 00:04:57,039 Speaker 1: it's a negative on that dimension. And so what I 90 00:04:57,080 --> 00:05:01,000 Speaker 1: did some years back was I took the previous year's 91 00:05:02,040 --> 00:05:05,640 Speaker 1: engagements and ran them through that set of lenses. And 92 00:05:05,760 --> 00:05:08,040 Speaker 1: it was very interesting because all the things that in 93 00:05:08,080 --> 00:05:10,120 Speaker 1: retrospect I really wish I hadn't spent a lot of 94 00:05:10,120 --> 00:05:13,880 Speaker 1: time on fell below a definite threshold. And so I 95 00:05:14,040 --> 00:05:17,120 Speaker 1: started to use that now going forward prospectively to make 96 00:05:17,120 --> 00:05:19,360 Speaker 1: those kinds of time allocation decisions. 97 00:05:19,960 --> 00:05:23,080 Speaker 2: Oh wow, I love that. That's very systematic. And so 98 00:05:23,160 --> 00:05:26,080 Speaker 2: what sort of projects would you apply to that? Because 99 00:05:26,120 --> 00:05:29,880 Speaker 2: your life is very very dear obviously a professor at Columbia, 100 00:05:29,960 --> 00:05:34,320 Speaker 2: you do consulting work, you do speaking work, you're a writer. 101 00:05:34,960 --> 00:05:38,560 Speaker 2: Can you take me through an example engagement maybe that's 102 00:05:38,680 --> 00:05:42,280 Speaker 2: come across your desk, and just how you applied that criteria. 103 00:05:43,160 --> 00:05:46,400 Speaker 1: Sure, So we had one just a little bit earlier 104 00:05:46,800 --> 00:05:51,400 Speaker 1: from a for profit retailer who wanted me to come 105 00:05:51,600 --> 00:05:57,720 Speaker 1: and facilitate a major management retreat. And when I looked 106 00:05:57,720 --> 00:05:59,599 Speaker 1: at it through the lens of this scoring. You know, 107 00:06:00,080 --> 00:06:02,520 Speaker 1: weren't really willing to pay normal rates. It was going 108 00:06:02,560 --> 00:06:06,120 Speaker 1: to involve a fair amount of travel. I didn't see 109 00:06:06,160 --> 00:06:11,800 Speaker 1: it really as being spectacularly something that only I could do. 110 00:06:11,880 --> 00:06:13,719 Speaker 1: You know, I think anyone who was fairly competent at 111 00:06:13,760 --> 00:06:16,520 Speaker 1: facility retreats could help them out with that. So it 112 00:06:16,640 --> 00:06:19,080 Speaker 1: sort of fell short on those dimensions. And if I 113 00:06:19,120 --> 00:06:22,640 Speaker 1: were to contrast that with something where I'd say, absolutely, 114 00:06:22,680 --> 00:06:25,480 Speaker 1: I really want to be part of that, it would 115 00:06:25,480 --> 00:06:27,599 Speaker 1: be Just recently, I was, in fact at to see 116 00:06:27,600 --> 00:06:32,080 Speaker 1: the Insights Collective conference, and so this was a conference 117 00:06:32,160 --> 00:06:36,320 Speaker 1: dedicated to corporate innovation, and the people at the conference 118 00:06:36,360 --> 00:06:42,039 Speaker 1: would all be you know, innovators, entrepreneurs, technologists, and you know, 119 00:06:42,080 --> 00:06:44,919 Speaker 1: even though it wasn't really a paid engagement, the fact 120 00:06:44,920 --> 00:06:48,200 Speaker 1: that the group was so attractive and that the topic 121 00:06:48,320 --> 00:06:51,400 Speaker 1: was so right on what I do, really got it 122 00:06:51,440 --> 00:06:54,200 Speaker 1: on my calendar. So you know, it's not always about 123 00:06:54,279 --> 00:06:57,599 Speaker 1: the money, right, It's often about what's the audience, like 124 00:06:57,800 --> 00:07:00,880 Speaker 1: are they good contacts for the future of that kind 125 00:07:00,880 --> 00:07:02,440 Speaker 1: of thing? And then of course you do get I'm 126 00:07:02,440 --> 00:07:04,640 Speaker 1: sure you get this too. All those people who say, oh, oh, 127 00:07:04,640 --> 00:07:06,240 Speaker 1: we should come to my conference and do it for 128 00:07:06,240 --> 00:07:12,120 Speaker 1: free because it'll be great exposure. Yes, yes, yeah, it's 129 00:07:12,160 --> 00:07:13,800 Speaker 1: like all the people that asked you to write articles 130 00:07:13,840 --> 00:07:16,960 Speaker 1: for them for nothing. You know, it's not well, you know, 131 00:07:17,120 --> 00:07:19,720 Speaker 1: it's some of sometimes they're right and then I would 132 00:07:19,800 --> 00:07:21,920 Speaker 1: I would agree, but a lot of times they're not. 133 00:07:23,480 --> 00:07:25,680 Speaker 2: I know, yes, I certainly get a lot of those. 134 00:07:25,720 --> 00:07:28,480 Speaker 2: I've solved that problem in my own life recently by 135 00:07:28,520 --> 00:07:31,800 Speaker 2: deciding to finally go exclusive with the Speaker's Bureau, which 136 00:07:31,880 --> 00:07:34,160 Speaker 2: is which has been a good decision thus far. 137 00:07:35,080 --> 00:07:37,000 Speaker 1: Which one are you with with Saxton? 138 00:07:37,200 --> 00:07:39,680 Speaker 2: So I know they've got a presence in the US, 139 00:07:39,680 --> 00:07:44,200 Speaker 2: so they're the biggest one over here in Australia. M yeah, 140 00:07:44,520 --> 00:07:48,000 Speaker 2: I'm curious, do you you know, do you also do that? 141 00:07:48,040 --> 00:07:50,520 Speaker 2: Do you think about ways where you know, I guess 142 00:07:50,560 --> 00:07:52,440 Speaker 2: you are faced with a lot of decisions in your 143 00:07:52,480 --> 00:07:57,120 Speaker 2: working life where you potentially outsource those decisions in a 144 00:07:57,120 --> 00:08:00,240 Speaker 2: way that takes away you know, we've all, you know, 145 00:08:00,360 --> 00:08:03,640 Speaker 2: soffa from decision fatigue. You know, I'm curious, how do 146 00:08:03,640 --> 00:08:06,320 Speaker 2: you minimize the amount of decisions because that's certainly one 147 00:08:06,360 --> 00:08:09,160 Speaker 2: way that I've started to do that in my own life. 148 00:08:09,360 --> 00:08:12,200 Speaker 1: With respect to outsourcing decisions. I have the world's best 149 00:08:12,200 --> 00:08:15,760 Speaker 1: assistant ever and over the years, and we've worked together 150 00:08:15,800 --> 00:08:19,320 Speaker 1: for about five years now, we've really honed a system 151 00:08:19,440 --> 00:08:24,040 Speaker 1: for very systematically going through how people want time on 152 00:08:24,040 --> 00:08:27,240 Speaker 1: my calendar and how to prioritize. And so she, you know, 153 00:08:27,320 --> 00:08:29,320 Speaker 1: she knows to get well first of all, she knows 154 00:08:29,320 --> 00:08:31,240 Speaker 1: what information to collect so that we can even begin 155 00:08:31,320 --> 00:08:33,960 Speaker 1: to make a decision, which is I find half the battle. 156 00:08:33,960 --> 00:08:36,480 Speaker 1: You know. People will say, oh, can you come to Austin, 157 00:08:36,520 --> 00:08:38,679 Speaker 1: Texas on October third, and then they don't tell you 158 00:08:39,000 --> 00:08:41,040 Speaker 1: what the event is, or what the budget is, or 159 00:08:41,160 --> 00:08:43,160 Speaker 1: you know, exactly how long you're supposed to be there, 160 00:08:43,360 --> 00:08:45,280 Speaker 1: you know. So the first thing she does is really 161 00:08:45,679 --> 00:08:48,400 Speaker 1: gather up enough information that we can even begin to 162 00:08:48,960 --> 00:08:52,120 Speaker 1: make a decision. And then what she'll do is she'll 163 00:08:52,160 --> 00:08:54,920 Speaker 1: bring it to me with the recommendation, and we probably 164 00:08:54,960 --> 00:08:57,160 Speaker 1: are on the phone, you know, once once or twice 165 00:08:57,160 --> 00:09:00,360 Speaker 1: a week, just going through the stuff that sort of related, 166 00:09:01,640 --> 00:09:03,040 Speaker 1: and then we make it as it and we move 167 00:09:03,080 --> 00:09:04,520 Speaker 1: on and she handles it from there. 168 00:09:05,120 --> 00:09:08,160 Speaker 2: Ah, that's great. And how systematic are you there? Like 169 00:09:08,200 --> 00:09:10,920 Speaker 2: in the early days where you just started working together. 170 00:09:11,280 --> 00:09:14,600 Speaker 2: Do you almost have like a briefing document, you know, 171 00:09:14,679 --> 00:09:17,160 Speaker 2: if this request comes in, get this, this and this 172 00:09:17,280 --> 00:09:19,520 Speaker 2: information or did it happen more organically. 173 00:09:21,440 --> 00:09:26,720 Speaker 1: Well, she's a certified virtual assistant and one of her 174 00:09:26,760 --> 00:09:30,880 Speaker 1: previous clients was an executive coach who ran training programs 175 00:09:30,880 --> 00:09:33,160 Speaker 1: all over the world, So she came into the relationship 176 00:09:33,240 --> 00:09:36,440 Speaker 1: with a fair amount of practice around how to make 177 00:09:36,480 --> 00:09:39,960 Speaker 1: this easier and how to get it done more systematically, 178 00:09:40,480 --> 00:09:42,920 Speaker 1: and then the two of us kind of worked out well. 179 00:09:42,960 --> 00:09:45,320 Speaker 1: For me, you know, what are the things I would 180 00:09:45,320 --> 00:09:47,000 Speaker 1: want to know and what are the things that would 181 00:09:47,000 --> 00:09:49,000 Speaker 1: make something more or less attractive? 182 00:09:49,840 --> 00:09:53,400 Speaker 2: Yeah, I feel like having an assistant, virtual or otherwise 183 00:09:53,480 --> 00:09:56,319 Speaker 2: is quite a game changer. I think for me, one 184 00:09:56,320 --> 00:09:59,360 Speaker 2: of the things I found when I first had an 185 00:09:59,360 --> 00:10:03,440 Speaker 2: assistant years ago now is getting used to delegating. It 186 00:10:03,520 --> 00:10:07,840 Speaker 2: felt very odd to give someone tasks that I was 187 00:10:07,880 --> 00:10:10,360 Speaker 2: so used to doing, but also very freeing. Was that 188 00:10:10,480 --> 00:10:14,040 Speaker 2: something that came naturally to you in terms of just 189 00:10:15,200 --> 00:10:18,520 Speaker 2: giving over as much work as you possibly could, that 190 00:10:18,679 --> 00:10:21,080 Speaker 2: was within, you know, their sphere of competencies. 191 00:10:22,000 --> 00:10:25,040 Speaker 1: Well, with the scheduling and the calendar work. I don't 192 00:10:25,080 --> 00:10:28,000 Speaker 1: give that a second thought. Anymore. She's absolutely got that. 193 00:10:28,600 --> 00:10:30,679 Speaker 1: Where I find I get myself into trouble is there 194 00:10:30,520 --> 00:10:34,040 Speaker 1: are things that, like a piece of it is something 195 00:10:34,120 --> 00:10:35,880 Speaker 1: I should be doing. So as an example, we have 196 00:10:35,960 --> 00:10:37,880 Speaker 1: a CRM system that we use to keep track of 197 00:10:37,960 --> 00:10:41,120 Speaker 1: clients and relationships and so forth. And so I'll come 198 00:10:41,120 --> 00:10:43,520 Speaker 1: back from a business conference like this collective conference I 199 00:10:43,559 --> 00:10:45,240 Speaker 1: was just telling you about, and I'll have a stack 200 00:10:45,280 --> 00:10:48,480 Speaker 1: of business cards and you know, quite sensibly I could 201 00:10:48,480 --> 00:10:50,280 Speaker 1: give it to another one of my assistants who does 202 00:10:50,320 --> 00:10:52,200 Speaker 1: this and have them put in our system and just 203 00:10:52,200 --> 00:10:54,079 Speaker 1: tell her what the comments are about it. And I'll 204 00:10:54,080 --> 00:10:56,720 Speaker 1: find myself sitting there typing things in because I'm like, oh, well, 205 00:10:56,840 --> 00:10:58,240 Speaker 1: if I just put it in the system, I'm like 206 00:10:58,280 --> 00:11:00,240 Speaker 1: the notes write then and it's one step through, won't 207 00:11:00,240 --> 00:11:03,520 Speaker 1: get lost. And really I shouldn't be doing that, and 208 00:11:03,679 --> 00:11:06,520 Speaker 1: I know it, but it's sort of seductive when you 209 00:11:06,559 --> 00:11:08,920 Speaker 1: know you could just take ten minutes and get that done, right. 210 00:11:08,960 --> 00:11:12,520 Speaker 2: Oh I know, I know, yes, yes, I'm about to 211 00:11:12,559 --> 00:11:15,320 Speaker 2: embark on a process for the new year of just 212 00:11:15,360 --> 00:11:17,920 Speaker 2: going what are all the repetitive tasks that I find 213 00:11:17,920 --> 00:11:20,280 Speaker 2: myself doing because I haven't been able to be bothered 214 00:11:20,679 --> 00:11:23,440 Speaker 2: training someone up or writing a step by step guide 215 00:11:23,440 --> 00:11:25,679 Speaker 2: as to how this happens. But if I actually did that, 216 00:11:25,840 --> 00:11:27,959 Speaker 2: I could save myself hours every week. 217 00:11:28,559 --> 00:11:31,000 Speaker 1: I think it's two things to me. One is really 218 00:11:31,600 --> 00:11:33,960 Speaker 1: having the time to make the investment to do that 219 00:11:34,040 --> 00:11:36,839 Speaker 1: to get someone up to speed, and then the other 220 00:11:36,880 --> 00:11:40,040 Speaker 1: thing is really being willing to let go and even 221 00:11:40,120 --> 00:11:42,000 Speaker 1: if they don't do it the Thame way you would have. 222 00:11:42,160 --> 00:11:44,440 Speaker 1: You know, there's a lot of things that honestly, it 223 00:11:44,440 --> 00:11:48,839 Speaker 1: doesn't matter. It doesn't matter, and I think that's where 224 00:11:48,880 --> 00:11:50,760 Speaker 1: my perfectionist tendencies get in the way. 225 00:11:51,320 --> 00:11:53,959 Speaker 2: I can definitely relate to that. Now, I want to 226 00:11:54,000 --> 00:11:58,000 Speaker 2: talk about your writing. You're such a prolific writer with 227 00:11:58,280 --> 00:12:00,960 Speaker 2: all the books that you've written and the articles that 228 00:12:01,040 --> 00:12:04,160 Speaker 2: you write, and I want to know, particularly with books, 229 00:12:04,400 --> 00:12:07,400 Speaker 2: where do your book ideas come from, because I feel 230 00:12:07,400 --> 00:12:11,439 Speaker 2: like it's such a commitment starting a new book project, 231 00:12:11,520 --> 00:12:13,880 Speaker 2: given it is something that generally is going to take 232 00:12:14,480 --> 00:12:17,120 Speaker 2: you know, around a year to write, and then you're 233 00:12:17,160 --> 00:12:20,920 Speaker 2: on the publicity track for you know, the six months 234 00:12:20,920 --> 00:12:24,040 Speaker 2: after launch or three months after launch. So yeah, can 235 00:12:24,080 --> 00:12:26,480 Speaker 2: you tell me we're seeing around corners your latest book, 236 00:12:26,559 --> 00:12:29,360 Speaker 2: how that idea emerged? And when you realized, yes, this 237 00:12:29,440 --> 00:12:30,600 Speaker 2: is the next book project. 238 00:12:31,800 --> 00:12:37,320 Speaker 1: Well, the seeds of this book were really found in 239 00:12:37,360 --> 00:12:40,199 Speaker 1: the last book, which was called The End of Competitive Advantage. 240 00:12:40,400 --> 00:12:43,400 Speaker 1: And the premise of the last book was that in 241 00:12:43,480 --> 00:12:48,400 Speaker 1: strategy for years, we've had this notion of durable, long 242 00:12:48,480 --> 00:12:51,960 Speaker 1: term competitive advantage. And you know, that's great if you 243 00:12:51,960 --> 00:12:55,319 Speaker 1: can find one. But what I started to observe in 244 00:12:55,360 --> 00:12:58,760 Speaker 1: more and more of the economy is that this belief, 245 00:12:58,840 --> 00:13:00,920 Speaker 1: this thinking that you're on top of the world and 246 00:13:00,920 --> 00:13:03,320 Speaker 1: things aren't going to change, can actually be kind of 247 00:13:03,320 --> 00:13:06,120 Speaker 1: a dangerous trap. And so that was the big sort 248 00:13:06,120 --> 00:13:08,400 Speaker 1: of ah the last one, and I talked about the 249 00:13:08,440 --> 00:13:11,160 Speaker 1: fact that we needed a new playbook for strategy given 250 00:13:11,240 --> 00:13:15,880 Speaker 1: those conditions, and that very naturally leads to the question 251 00:13:15,920 --> 00:13:18,200 Speaker 1: of well, how do you know, you know, what's the timing? 252 00:13:18,240 --> 00:13:20,079 Speaker 1: I mean, is this a tomorrow kind of thing or 253 00:13:20,120 --> 00:13:21,880 Speaker 1: a ten years from now kind of thing or somewhere 254 00:13:21,880 --> 00:13:24,360 Speaker 1: in between. And that got me thinking about, well, what 255 00:13:24,559 --> 00:13:27,640 Speaker 1: are the things that happen in the environment that change 256 00:13:27,880 --> 00:13:33,199 Speaker 1: the story that your strategy is telling. And so at 257 00:13:33,200 --> 00:13:35,760 Speaker 1: that point I just started mulling it over and mulling 258 00:13:35,760 --> 00:13:38,240 Speaker 1: it over, and with books to me, there's a period 259 00:13:38,280 --> 00:13:41,240 Speaker 1: of gestation where I'm just gathering up bits and bobs 260 00:13:41,280 --> 00:13:44,000 Speaker 1: and seeing what fits and what doesn't. And then this 261 00:13:44,040 --> 00:13:48,320 Speaker 1: particular book crystallized in an article that a friend sent me, 262 00:13:48,720 --> 00:13:51,199 Speaker 1: and it was a blog post, and it basically said, 263 00:13:51,280 --> 00:13:54,320 Speaker 1: what if you changed the world and nobody noticed? And 264 00:13:54,559 --> 00:13:58,680 Speaker 1: the opening story in the blog post was about the 265 00:13:58,679 --> 00:14:03,200 Speaker 1: Wright brothers, and this person had sort of identified the 266 00:14:03,200 --> 00:14:06,079 Speaker 1: timeline of the Right brothers in their historic flight at Kiddihawk, 267 00:14:06,520 --> 00:14:08,760 Speaker 1: And then went and looked at all the newspapers of 268 00:14:08,840 --> 00:14:11,439 Speaker 1: the time, and there was a glancing mentioned like two 269 00:14:11,520 --> 00:14:13,360 Speaker 1: years later. And it took about four and a half 270 00:14:13,480 --> 00:14:17,880 Speaker 1: years before serious editors, journalists, writers started to say, oh 271 00:14:17,880 --> 00:14:21,600 Speaker 1: my god, this is a fundamentally, you know, humanity changing 272 00:14:23,240 --> 00:14:26,320 Speaker 1: innovation that's happened. And it made me think of the 273 00:14:26,360 --> 00:14:29,800 Speaker 1: line from Hemingway's book in the Sun also rises when 274 00:14:30,120 --> 00:14:32,920 Speaker 1: one character asks another, so how did you go bankrupt? 275 00:14:33,160 --> 00:14:37,320 Speaker 1: And the answer was well, gradually and then suddenly, and 276 00:14:37,960 --> 00:14:40,360 Speaker 1: I thought to myself, that's it. You know, strategic inflection 277 00:14:40,480 --> 00:14:44,360 Speaker 1: points feel as though they're happening, you know, in a 278 00:14:44,360 --> 00:14:47,160 Speaker 1: blinding flash, but when you really look, most of them 279 00:14:47,160 --> 00:14:51,000 Speaker 1: have been brewing forever and that's where the strategic opportunity 280 00:14:51,040 --> 00:14:54,800 Speaker 1: comes from. So that then led to the eventual structure 281 00:14:54,800 --> 00:14:56,760 Speaker 1: of the book, which was, how do you see these 282 00:14:56,760 --> 00:14:59,680 Speaker 1: inflection points coming, how do you decide what to do 283 00:14:59,680 --> 00:15:03,160 Speaker 1: about because it's not always obvious, and then how do 284 00:15:03,200 --> 00:15:05,520 Speaker 1: you bring the organization with you, which is often the 285 00:15:05,560 --> 00:15:06,480 Speaker 1: most difficult part. 286 00:15:07,280 --> 00:15:11,360 Speaker 2: It's interesting what you were saying around that period when 287 00:15:11,400 --> 00:15:14,760 Speaker 2: you're writing a book before you actually start writing a book, 288 00:15:14,800 --> 00:15:18,760 Speaker 2: and I remember, I love Perennial Seller by Ryan Holiday. 289 00:15:19,000 --> 00:15:21,680 Speaker 2: I'm going to imagine that you're perhaps familiar with some 290 00:15:21,720 --> 00:15:22,400 Speaker 2: of his work. 291 00:15:22,560 --> 00:15:23,760 Speaker 1: I'm ah okay. 292 00:15:23,800 --> 00:15:28,080 Speaker 2: He's a brilliant and also very prolific nonfiction writer, and 293 00:15:28,480 --> 00:15:31,120 Speaker 2: he talks about the like his process of book writing, 294 00:15:31,160 --> 00:15:34,520 Speaker 2: where before he I guess, puts pen to paper. In 295 00:15:34,600 --> 00:15:38,080 Speaker 2: terms of writing the manuscript, there's this period and from memory, 296 00:15:38,120 --> 00:15:40,480 Speaker 2: I think it's called the drawdown period or something like that, 297 00:15:40,560 --> 00:15:44,880 Speaker 2: where he's basically incubating on the idea, not really committing 298 00:15:44,920 --> 00:15:48,200 Speaker 2: to a structure or a text or anything at that point, 299 00:15:48,240 --> 00:15:52,000 Speaker 2: but it's this incubation period and I feel like you 300 00:15:52,600 --> 00:15:54,560 Speaker 2: kind of reference something like that. Can you talk a 301 00:15:54,560 --> 00:15:57,120 Speaker 2: bit more about what that looks like before you actually 302 00:15:57,160 --> 00:16:00,760 Speaker 2: start doing that planning of mapping out the structure of 303 00:16:00,800 --> 00:16:03,280 Speaker 2: the book and actually writing it. 304 00:16:03,840 --> 00:16:05,960 Speaker 1: Sure, well, I think good books have to start with 305 00:16:06,000 --> 00:16:08,520 Speaker 1: a good question. And I go back to the work 306 00:16:09,080 --> 00:16:11,680 Speaker 1: of you know, a very well known scholar who wrote 307 00:16:12,120 --> 00:16:15,440 Speaker 1: a paper on the science of the interesting, and what 308 00:16:15,600 --> 00:16:19,160 Speaker 1: he found was that to make something interesting, it should 309 00:16:19,360 --> 00:16:23,200 Speaker 1: challenge weekly held assumptions. And so I think you start 310 00:16:23,240 --> 00:16:27,040 Speaker 1: off with a good question, and then you know, as 311 00:16:27,080 --> 00:16:30,360 Speaker 1: you read and think about what could that be. And 312 00:16:30,480 --> 00:16:33,600 Speaker 1: I went through a number of different ideas before finally 313 00:16:33,640 --> 00:16:36,680 Speaker 1: settling on the strategic inflection point idea. The first was 314 00:16:37,400 --> 00:16:40,359 Speaker 1: I thought it would be really interesting to study unintended consequences. 315 00:16:42,120 --> 00:16:44,480 Speaker 1: And you know, there's not that much work actually that's 316 00:16:44,480 --> 00:16:46,720 Speaker 1: been done on unintended consequences, and most of it has 317 00:16:46,760 --> 00:16:50,000 Speaker 1: come from economics. And what I found is it's really 318 00:16:50,040 --> 00:16:54,840 Speaker 1: really hard to study unintended consequences because it almost requires 319 00:16:54,880 --> 00:16:58,000 Speaker 1: that you have, you know, the known outcome and then 320 00:16:58,200 --> 00:17:01,760 Speaker 1: and then seeing what people thought might happen would be different. 321 00:17:03,000 --> 00:17:05,000 Speaker 1: So it's very it's it turned out just not to 322 00:17:05,000 --> 00:17:07,720 Speaker 1: be a very tractable subject, at least not yet. And 323 00:17:07,760 --> 00:17:09,240 Speaker 1: I may I may do one on it yet, because 324 00:17:09,240 --> 00:17:13,680 Speaker 1: I still think it's a fascinating concept. Then I also 325 00:17:13,760 --> 00:17:16,520 Speaker 1: looked at complexity. There was some work that had been 326 00:17:16,560 --> 00:17:19,280 Speaker 1: done on the science of complexity that would be interesting. 327 00:17:19,960 --> 00:17:21,919 Speaker 1: And then I was thinking of doing a book on 328 00:17:22,240 --> 00:17:26,320 Speaker 1: corporate corporate venturing or corporate innovation. But each of those, 329 00:17:26,359 --> 00:17:30,640 Speaker 1: for various reasons, didn't sort of they didn't. They didn't 330 00:17:30,720 --> 00:17:33,959 Speaker 1: continue as interesting as I sorted to look into them. 331 00:17:34,119 --> 00:17:37,119 Speaker 1: Whereas the strategic inflection point idea, which was really something 332 00:17:37,160 --> 00:17:40,000 Speaker 1: developed by Andy Grove back in the nineties. He talked 333 00:17:40,040 --> 00:17:43,159 Speaker 1: about it in his book Only the Paranoid Survive, and 334 00:17:43,240 --> 00:17:45,160 Speaker 1: I went back to that book and reread it. And 335 00:17:45,440 --> 00:17:48,679 Speaker 1: what Grove's book really did was talk about the period 336 00:17:49,119 --> 00:17:52,639 Speaker 1: after the inflection is upon you. And what I thought 337 00:17:53,200 --> 00:17:56,200 Speaker 1: we could use is a book that really looks before that, 338 00:17:56,359 --> 00:17:59,200 Speaker 1: hence the seeing around corners, so before it's obvious to 339 00:17:59,240 --> 00:18:02,040 Speaker 1: everybody what's going on, and before the inflection point has 340 00:18:02,119 --> 00:18:04,679 Speaker 1: really rolled out, what are the things you could be 341 00:18:04,720 --> 00:18:06,880 Speaker 1: looking at, What are the weak signals you could pick up. 342 00:18:07,440 --> 00:18:11,120 Speaker 1: So that was the process of sort of gathering stuff up, 343 00:18:11,720 --> 00:18:13,720 Speaker 1: and you know, I've got tons of computer files with 344 00:18:13,800 --> 00:18:16,600 Speaker 1: notes and things I read a tremendous amount, and so 345 00:18:16,640 --> 00:18:19,240 Speaker 1: when I see something that I think is potentially interesting, 346 00:18:19,240 --> 00:18:22,040 Speaker 1: it goes into a file. And then if the idea 347 00:18:22,040 --> 00:18:25,520 Speaker 1: continues to develop, then that may then turn into something 348 00:18:25,560 --> 00:18:26,320 Speaker 1: that could be a book. 349 00:18:27,200 --> 00:18:31,320 Speaker 2: That's interesting. Hearing you talk about, I guess the contenders 350 00:18:31,320 --> 00:18:33,720 Speaker 2: for what the next book was going to be. How 351 00:18:33,720 --> 00:18:35,760 Speaker 2: do you make that final decision? Is it very much 352 00:18:36,240 --> 00:18:38,800 Speaker 2: a gout or intuition led thing for you? Is it 353 00:18:38,840 --> 00:18:40,840 Speaker 2: a data driven thing? How does that work? 354 00:18:41,480 --> 00:18:43,120 Speaker 1: The first question I have to ask is is this 355 00:18:43,800 --> 00:18:46,359 Speaker 1: topic interesting enough that I could stick with it for 356 00:18:46,600 --> 00:18:48,159 Speaker 1: what two or three years? This thing is going to 357 00:18:48,160 --> 00:18:51,720 Speaker 1: be in your life. Isn't like picking a dissertation topic 358 00:18:51,760 --> 00:18:54,720 Speaker 1: almost You have to really love it. So there has 359 00:18:54,760 --> 00:18:57,879 Speaker 1: to be enough of interest. It has to for me anyway, 360 00:18:57,920 --> 00:19:00,719 Speaker 1: it's got to be a broadly interesting question. So if 361 00:19:00,720 --> 00:19:03,280 Speaker 1: I go back to my previous books, you know, one 362 00:19:03,760 --> 00:19:08,080 Speaker 1: was looking at why why is there so often really 363 00:19:08,119 --> 00:19:12,960 Speaker 1: surprising growth from seemingly unattractive markets? And that became Marketbusters, 364 00:19:13,000 --> 00:19:16,760 Speaker 1: which was, you know, looking at these different lenses through 365 00:19:16,760 --> 00:19:19,719 Speaker 1: which you could look at even unattractive markets and find 366 00:19:20,080 --> 00:19:23,479 Speaker 1: places there where you could drive corporate growth, So it's 367 00:19:23,520 --> 00:19:25,680 Speaker 1: got to be really interesting to me, and it's got 368 00:19:25,680 --> 00:19:29,240 Speaker 1: a Secondly, I think it's got to have broad applicability, 369 00:19:29,359 --> 00:19:31,399 Speaker 1: Like I wouldn't be so interested in writing a book 370 00:19:31,920 --> 00:19:37,240 Speaker 1: about a very niche kind of situation, you know, where 371 00:19:37,800 --> 00:19:39,439 Speaker 1: it would only be a certain kind of person who 372 00:19:39,480 --> 00:19:43,320 Speaker 1: would who would be interested. And that's why the corporate 373 00:19:43,359 --> 00:19:45,760 Speaker 1: venturing book sort of took second place to this more 374 00:19:45,800 --> 00:19:48,480 Speaker 1: strategically oriented book. So is it interesting to me? Is 375 00:19:48,520 --> 00:19:50,920 Speaker 1: it interesting to others? And then I think there's a 376 00:19:51,000 --> 00:19:52,879 Speaker 1: question of well, do I have something really new to 377 00:19:52,920 --> 00:19:56,160 Speaker 1: say about it? And in the case of strategic complexion points, 378 00:19:56,160 --> 00:19:56,760 Speaker 1: I thought I did. 379 00:19:57,480 --> 00:19:59,600 Speaker 2: I like that process. And I want to come back 380 00:19:59,600 --> 00:20:01,680 Speaker 2: to what you say said that you read a lot, 381 00:20:01,720 --> 00:20:04,399 Speaker 2: which comes as no surprise this might sound like a 382 00:20:04,400 --> 00:20:08,960 Speaker 2: strange question, but what is your approach to reading? I'm 383 00:20:08,960 --> 00:20:11,919 Speaker 2: fascinated by this because I think, firstly, there's not that 384 00:20:11,960 --> 00:20:14,640 Speaker 2: many people that read a lot in this world, which 385 00:20:14,640 --> 00:20:16,520 Speaker 2: I think is quite sad. I think the average person 386 00:20:16,560 --> 00:20:20,280 Speaker 2: reads one book a year or something hideously low like that. 387 00:20:20,920 --> 00:20:24,080 Speaker 2: And interestingly, one of my team members sent round a 388 00:20:24,160 --> 00:20:28,240 Speaker 2: blog post yesterday that talked about just some interesting methods 389 00:20:28,320 --> 00:20:32,520 Speaker 2: for actually reading books so that they change you as 390 00:20:32,520 --> 00:20:35,359 Speaker 2: opposed to the words just passing through you. So with 391 00:20:35,440 --> 00:20:38,360 Speaker 2: a book or a journal, paper or a blog, what's 392 00:20:38,400 --> 00:20:39,840 Speaker 2: your approach to reading. 393 00:20:41,000 --> 00:20:44,879 Speaker 1: Well, I would say that it's very social. Actually, I 394 00:20:45,000 --> 00:20:49,200 Speaker 1: belong to a number of different communities that will pass 395 00:20:49,240 --> 00:20:52,760 Speaker 1: on books or ideas or articles that they're interested in. 396 00:20:53,920 --> 00:20:57,280 Speaker 1: So I'm a member of an entity called Silicon Guild, 397 00:20:57,359 --> 00:20:59,840 Speaker 1: which is a group of authors who you know, come 398 00:21:00,000 --> 00:21:02,240 Speaker 1: and don help each other, promote each other's work, and 399 00:21:02,280 --> 00:21:05,800 Speaker 1: so when they publish something, obviously that's something that would 400 00:21:05,800 --> 00:21:11,000 Speaker 1: get to the top of my priority list. I follow 401 00:21:11,160 --> 00:21:15,800 Speaker 1: people on Twitter and on LinkedIn who I don't perhaps 402 00:21:15,880 --> 00:21:18,760 Speaker 1: always know so well, and they will pop up things 403 00:21:19,560 --> 00:21:21,080 Speaker 1: in the feed that I think, oh, you know, maybe 404 00:21:21,080 --> 00:21:24,280 Speaker 1: I should have honed in on that a bit more narrowly. 405 00:21:24,440 --> 00:21:27,840 Speaker 1: So that's another source. I do keep all the sort 406 00:21:27,840 --> 00:21:31,359 Speaker 1: of standard issue business journals around, So I subscribed to 407 00:21:31,400 --> 00:21:35,520 Speaker 1: BusinessWeek and Fortune and Fast Company and Wired, and you 408 00:21:35,560 --> 00:21:37,919 Speaker 1: know the usual cast of characters. And you know, I 409 00:21:37,920 --> 00:21:40,520 Speaker 1: don't always get through each of those in detail, but 410 00:21:40,880 --> 00:21:42,879 Speaker 1: you sort of skim enough to see whether there's something 411 00:21:43,080 --> 00:21:46,399 Speaker 1: really interesting there that needs a deeper dive. So it 412 00:21:46,480 --> 00:21:47,760 Speaker 1: comes from a lot of different places. 413 00:21:48,440 --> 00:21:51,440 Speaker 2: So that's interesting in terms of where the inspiration to 414 00:21:52,240 --> 00:21:54,119 Speaker 2: rate certain books is coming from. And then when it 415 00:21:54,119 --> 00:21:57,440 Speaker 2: comes to the rating itself, what are you doing with 416 00:21:57,600 --> 00:22:01,719 Speaker 2: the actual Let's say, you know, are you scribbling all 417 00:22:01,760 --> 00:22:05,000 Speaker 2: over it? Do you have a notes file where you're 418 00:22:05,400 --> 00:22:07,800 Speaker 2: recording your key takeouts? Do you reflect at the end 419 00:22:07,840 --> 00:22:09,080 Speaker 2: of the book. What does that look like? 420 00:22:10,920 --> 00:22:13,440 Speaker 1: Well, it depends what I'm reading the book for, I 421 00:22:13,480 --> 00:22:15,800 Speaker 1: should say. So, if I'm just reading the book to 422 00:22:15,800 --> 00:22:18,000 Speaker 1: find out more about what's going in it, then I 423 00:22:18,119 --> 00:22:20,159 Speaker 1: tend not to take a lot of notes or you know, 424 00:22:20,160 --> 00:22:22,320 Speaker 1: I tend to read it and then reflect on it. 425 00:22:23,080 --> 00:22:25,760 Speaker 1: But let's say it's a book I'm reading for, you know, 426 00:22:25,800 --> 00:22:28,439 Speaker 1: in service of a specific project. So let's say it's 427 00:22:28,440 --> 00:22:30,320 Speaker 1: a book I'm reading because I think something that author 428 00:22:30,359 --> 00:22:33,360 Speaker 1: has to say might be useful in my book. Then 429 00:22:33,400 --> 00:22:37,359 Speaker 1: it's a very conscious book at the desk notes at 430 00:22:37,359 --> 00:22:41,360 Speaker 1: the already recapturing what's said in the book and transcribing 431 00:22:41,400 --> 00:22:44,359 Speaker 1: that into my notes file the for the book. So 432 00:22:44,359 --> 00:22:46,560 Speaker 1: it really depends on whether I'm reading it because it's 433 00:22:46,680 --> 00:22:50,480 Speaker 1: generally interesting. So I'll give you an example. Alberto Savoya, 434 00:22:50,560 --> 00:22:52,760 Speaker 1: who's a member of this Silicon Guild that I mentioned. 435 00:22:53,200 --> 00:22:55,320 Speaker 1: I wrote a fantastic book last year called The Right 436 00:22:55,320 --> 00:22:59,120 Speaker 1: to It, and it's all about a process he's designed, 437 00:22:59,119 --> 00:23:02,919 Speaker 1: which he calls pret typing, which is basically, how do 438 00:23:03,000 --> 00:23:06,119 Speaker 1: you get as much information from the market as possible 439 00:23:06,160 --> 00:23:08,320 Speaker 1: about a new idea before you make a big commitment 440 00:23:08,359 --> 00:23:11,159 Speaker 1: to it. And he'd sent me one and said, you know, 441 00:23:11,160 --> 00:23:13,080 Speaker 1: would I be willing to read it and comment on 442 00:23:13,119 --> 00:23:14,800 Speaker 1: it and so forth? And so I said sure and 443 00:23:14,880 --> 00:23:17,480 Speaker 1: read it and found it was absolutely fascinating. And then 444 00:23:17,520 --> 00:23:19,600 Speaker 1: there were a few ideas in that book which I 445 00:23:19,680 --> 00:23:23,399 Speaker 1: then thought enough of to go and capture for my book, 446 00:23:23,400 --> 00:23:25,200 Speaker 1: and I wrote a review and that kind of thing. 447 00:23:25,520 --> 00:23:27,080 Speaker 1: So that would be a case of opening up a 448 00:23:27,080 --> 00:23:29,920 Speaker 1: book without really knowing what to expect and being sort 449 00:23:29,920 --> 00:23:32,600 Speaker 1: of pleasantly surprised. And then other books are much as 450 00:23:32,640 --> 00:23:35,240 Speaker 1: much more intentional. You know, you can't write about X, 451 00:23:35,359 --> 00:23:37,440 Speaker 1: y Z without reading this, that or the other. 452 00:23:37,760 --> 00:23:40,399 Speaker 2: You mentioned that some of your inspiration comes from people 453 00:23:40,440 --> 00:23:43,600 Speaker 2: you follow on social media for what to read next? 454 00:23:43,600 --> 00:23:46,520 Speaker 2: Can I ask who some of those people might be 455 00:23:46,680 --> 00:23:48,560 Speaker 2: that you value their recommendations? 456 00:23:49,880 --> 00:23:52,840 Speaker 1: Well, they don't necessarily recommend. What they do is they'll 457 00:23:53,040 --> 00:23:56,280 Speaker 1: they live in a different world than I do. Right, So, so, 458 00:23:56,440 --> 00:23:58,159 Speaker 1: just as an example, there's a gentleman I met at 459 00:23:58,160 --> 00:24:00,520 Speaker 1: a conference a long time ago called Our Data Edelman, 460 00:24:01,160 --> 00:24:04,679 Speaker 1: who was one of the youngest technologists ever in the 461 00:24:04,720 --> 00:24:07,920 Speaker 1: technology side of the Obama administration. And now I think 462 00:24:07,920 --> 00:24:10,480 Speaker 1: he's associated with MIT now kind of a think tank 463 00:24:10,560 --> 00:24:14,040 Speaker 1: sort of person, and he'll just post really interesting takes 464 00:24:14,119 --> 00:24:17,800 Speaker 1: on things having to do with cybersecurity, or things having 465 00:24:17,840 --> 00:24:20,400 Speaker 1: to do with the workings of government or how certain 466 00:24:20,440 --> 00:24:23,760 Speaker 1: decisions get made, not sort of directly in my wheelhouse, 467 00:24:23,880 --> 00:24:27,840 Speaker 1: but interesting and parallel to it. And every so often 468 00:24:27,920 --> 00:24:29,600 Speaker 1: he'll post something and I said, yeah, I really should 469 00:24:29,600 --> 00:24:31,480 Speaker 1: get smarter about that and go do a deep dive 470 00:24:32,119 --> 00:24:33,240 Speaker 1: that's interesting. 471 00:24:33,280 --> 00:24:36,120 Speaker 2: And I know you, you know, something you talk about 472 00:24:36,240 --> 00:24:39,960 Speaker 2: is the importance of bringing in those diverse perspectives. And 473 00:24:40,080 --> 00:24:43,600 Speaker 2: I had Adam Grant on the podcast very early on 474 00:24:43,160 --> 00:24:47,040 Speaker 2: in the life cycle of how I work, and something 475 00:24:47,080 --> 00:24:50,920 Speaker 2: I know he speaks about is creating challenge networks where 476 00:24:51,520 --> 00:24:56,320 Speaker 2: you kind of build these diverse people around you, and 477 00:24:56,600 --> 00:24:59,679 Speaker 2: who he would deliberately go to to ask for criticism 478 00:25:00,040 --> 00:25:03,159 Speaker 2: instructive feedback of work that he's doing. I'm curious, do 479 00:25:03,280 --> 00:25:06,840 Speaker 2: you have something like that in your own life, particularly 480 00:25:06,840 --> 00:25:10,000 Speaker 2: with all the content and original content that you are producing. 481 00:25:10,800 --> 00:25:14,520 Speaker 1: Well, I have people whose roles it is to do that. So, 482 00:25:14,600 --> 00:25:17,280 Speaker 1: for example, at Houghton Mifflin Harcourt, I have an editor 483 00:25:17,840 --> 00:25:22,159 Speaker 1: who's absolutely a blunt about what he likes and what 484 00:25:22,240 --> 00:25:24,960 Speaker 1: he doesn't. So that's super helpful on my own team. 485 00:25:25,040 --> 00:25:28,320 Speaker 1: I get a lot of feedback from them on For example, 486 00:25:28,359 --> 00:25:31,520 Speaker 1: I do a monthly newsletter on a different topic each month, 487 00:25:31,600 --> 00:25:33,960 Speaker 1: and I'll get feedback from them on you know this 488 00:25:34,119 --> 00:25:35,960 Speaker 1: kind of mad sense? This didn't I didn't understand that. 489 00:25:36,160 --> 00:25:38,439 Speaker 1: So in that sense, in sort of the ordinary day 490 00:25:38,480 --> 00:25:42,359 Speaker 1: to day when I think about bigger picture issues, I 491 00:25:42,359 --> 00:25:44,760 Speaker 1: think it's helpful to have something like the personal board 492 00:25:44,760 --> 00:25:47,240 Speaker 1: of directors that you know, people whose opinion you respect, 493 00:25:47,240 --> 00:25:49,440 Speaker 1: that you would bounce things off of. So I definitely 494 00:25:49,480 --> 00:25:49,880 Speaker 1: do that. 495 00:25:50,600 --> 00:25:53,720 Speaker 2: And a personal board of directors. Tell me more about that. 496 00:25:55,040 --> 00:25:57,280 Speaker 1: Well, if you think about what a board of directors, 497 00:25:57,280 --> 00:26:00,720 Speaker 1: when they're functioning properly, should do for a company, which 498 00:26:00,760 --> 00:26:03,200 Speaker 1: they don't, but that's a whole nother conversation. When they're 499 00:26:03,240 --> 00:26:07,320 Speaker 1: working right, they you know, they think about the long 500 00:26:07,400 --> 00:26:10,520 Speaker 1: term welfare of the enterprise. They point out when they 501 00:26:10,520 --> 00:26:15,320 Speaker 1: think something's being overlooked or omitted. They lend their experience 502 00:26:15,480 --> 00:26:18,800 Speaker 1: and their wisdom to the endeavors of the organization. And 503 00:26:18,840 --> 00:26:21,080 Speaker 1: I think the personal board of directors is much the same. 504 00:26:21,119 --> 00:26:23,960 Speaker 1: You know, there are people who you can reach out 505 00:26:23,960 --> 00:26:26,520 Speaker 1: to who will give you feedback, who might be able 506 00:26:26,560 --> 00:26:29,280 Speaker 1: to be connectors for you to someone else, who might 507 00:26:29,720 --> 00:26:33,840 Speaker 1: have access to resources that you may not have. So 508 00:26:34,200 --> 00:26:38,080 Speaker 1: it's a much more intense relationship than the standard sort 509 00:26:38,119 --> 00:26:42,879 Speaker 1: of networking relationship is in the sense of, you know, 510 00:26:42,880 --> 00:26:45,719 Speaker 1: what they say really makes a material difference, but it 511 00:26:45,760 --> 00:26:47,720 Speaker 1: doesn't have to be time consuming. I think that's something 512 00:26:47,760 --> 00:26:50,000 Speaker 1: people often misunderstand. You know, there are a couple of 513 00:26:50,000 --> 00:26:51,840 Speaker 1: people I would put in that category who I talk 514 00:26:51,880 --> 00:26:54,760 Speaker 1: to you maybe twice a year, but if it's a 515 00:26:54,800 --> 00:26:57,000 Speaker 1: really big decision, I really do try to get that 516 00:26:57,119 --> 00:26:58,880 Speaker 1: kind of unbarnished feedback. 517 00:26:59,280 --> 00:27:01,800 Speaker 2: And what they know, so that they're on your personal 518 00:27:01,880 --> 00:27:04,560 Speaker 2: board of directors. Is that a formal thing or would 519 00:27:04,560 --> 00:27:06,200 Speaker 2: they be like, what are you talking about RITA? 520 00:27:07,000 --> 00:27:09,560 Speaker 1: Yeah, no, they don't. And I never saw the real 521 00:27:09,680 --> 00:27:12,399 Speaker 1: need to formalize it. Some people do I have an 522 00:27:12,440 --> 00:27:17,560 Speaker 1: acquaintance to definitely. He actually his business is setting up 523 00:27:17,600 --> 00:27:20,240 Speaker 1: and managing people's personal board of directors. 524 00:27:20,320 --> 00:27:22,720 Speaker 2: Oh my goodness, wow, oh wow. 525 00:27:22,960 --> 00:27:23,360 Speaker 1: Interesting. 526 00:27:24,240 --> 00:27:26,840 Speaker 2: That is fascinating. I remember reading when I was researching 527 00:27:26,920 --> 00:27:28,760 Speaker 2: for this interview, you said that when you were writing 528 00:27:28,800 --> 00:27:31,640 Speaker 2: Setting around Corners, you said that one of your favorite 529 00:27:31,680 --> 00:27:35,160 Speaker 2: quotes was your future is highly likely to be dictated 530 00:27:35,200 --> 00:27:38,560 Speaker 2: by forces that you have been trying to avoid. And 531 00:27:38,600 --> 00:27:42,720 Speaker 2: I've found that such an interesting, thought provoking quote, and 532 00:27:42,760 --> 00:27:46,120 Speaker 2: I want to know, Yes, that is brilliant. That is brilliant, 533 00:27:46,320 --> 00:27:48,600 Speaker 2: and I want to know how how can you relate 534 00:27:48,640 --> 00:27:51,600 Speaker 2: to this personally in your career or even life outside 535 00:27:51,640 --> 00:27:52,240 Speaker 2: of your career. 536 00:27:53,560 --> 00:27:56,080 Speaker 1: Well, I think in any of our lives, there are 537 00:27:56,119 --> 00:27:58,840 Speaker 1: things that don't go the way that we'd expected or hoped, 538 00:27:59,200 --> 00:28:03,120 Speaker 1: and oftentimes, you know, those are the things that take 539 00:28:03,160 --> 00:28:05,639 Speaker 1: you in a new direction that you might not have 540 00:28:05,680 --> 00:28:10,520 Speaker 1: thought of before. And I think if you're willing to 541 00:28:10,640 --> 00:28:13,719 Speaker 1: sort of swallow hard and say, Okay, that didn't work 542 00:28:13,760 --> 00:28:16,080 Speaker 1: out the way I plan, but you know, one door closes, 543 00:28:16,160 --> 00:28:19,080 Speaker 1: others open, and I think that's really the way you 544 00:28:19,080 --> 00:28:21,240 Speaker 1: have to look at these things. So I've got a 545 00:28:21,280 --> 00:28:24,000 Speaker 1: whole body of work on managing I'll call it managing 546 00:28:24,000 --> 00:28:25,879 Speaker 1: failure because that's the way people think about it, but 547 00:28:26,440 --> 00:28:29,080 Speaker 1: it's really not. It's having things happen that you didn't 548 00:28:29,119 --> 00:28:34,000 Speaker 1: expect or perhaps didn't desire, but that create a different 549 00:28:34,119 --> 00:28:37,240 Speaker 1: future that may be worse, you know, in some ways, 550 00:28:37,240 --> 00:28:39,080 Speaker 1: but it may be better. And I mean, I'm sure 551 00:28:39,120 --> 00:28:42,600 Speaker 1: you've had dozens of examples of people who've lost a job, 552 00:28:42,720 --> 00:28:45,880 Speaker 1: or not gotten a contract, or had a falling out 553 00:28:46,040 --> 00:28:49,360 Speaker 1: you know, with a partner, or various other things that eventually, 554 00:28:49,400 --> 00:28:52,440 Speaker 1: once the dust had settled, ended up being better for everybody. 555 00:28:53,080 --> 00:28:57,480 Speaker 2: M Yeah, yeah, absolutely, yeah, it's yeah, it's an interesting 556 00:28:57,560 --> 00:29:01,560 Speaker 2: quite to reflect on. Something else that I really loved 557 00:29:01,640 --> 00:29:05,480 Speaker 2: is the title Seeing around Corners, And I am forever 558 00:29:05,640 --> 00:29:07,959 Speaker 2: fascinated like being a writer myself. And I just think 559 00:29:07,960 --> 00:29:09,560 Speaker 2: one of the hardest parts of writing a book is 560 00:29:09,560 --> 00:29:14,200 Speaker 2: actually working out what is the title given? You know, 561 00:29:14,240 --> 00:29:16,200 Speaker 2: I mean, so much work I believe needs to go 562 00:29:16,280 --> 00:29:19,200 Speaker 2: into that because that can often be the make or 563 00:29:19,240 --> 00:29:21,440 Speaker 2: break point in terms of whether someone will pick up 564 00:29:21,440 --> 00:29:25,600 Speaker 2: your book or not. And I remember I had Dan 565 00:29:25,680 --> 00:29:28,120 Speaker 2: Pink on the show a few months ago, earlier this year, 566 00:29:28,320 --> 00:29:33,160 Speaker 2: and he was talking about his process for creating book titles, 567 00:29:33,400 --> 00:29:35,600 Speaker 2: of which I think he's a bit of a master 568 00:29:35,680 --> 00:29:38,280 Speaker 2: at I want to know what does that process look 569 00:29:38,400 --> 00:29:40,680 Speaker 2: like for you? Because I do love the title Seeing 570 00:29:40,720 --> 00:29:42,800 Speaker 2: Around Corners, and I love the titles of you, yeah, 571 00:29:42,960 --> 00:29:45,320 Speaker 2: of your other books as well, So what does that 572 00:29:45,360 --> 00:29:46,080 Speaker 2: look like for you? 573 00:29:47,280 --> 00:29:49,520 Speaker 1: Well, usually what happens is I start off with a 574 00:29:49,600 --> 00:29:52,680 Speaker 1: title I think is awesome, and then my publisher looks 575 00:29:52,680 --> 00:29:57,440 Speaker 1: at it and goes, no, it's terrible. Yes, I would 576 00:29:57,480 --> 00:29:59,640 Speaker 1: say it's a fair amount of iteration, I don't think, 577 00:29:59,800 --> 00:30:02,960 Speaker 1: but Dan Pink's level a little. This one was really 578 00:30:02,960 --> 00:30:07,120 Speaker 1: a collaborative effort of the publisher and myself, and the 579 00:30:07,160 --> 00:30:10,280 Speaker 1: working title for the proposal for the book was it 580 00:30:10,360 --> 00:30:14,280 Speaker 1: was gradually then suddenly, And as we discussed it, we thought, 581 00:30:15,400 --> 00:30:17,480 Speaker 1: that's going to get kind of a bifurcated response. There 582 00:30:17,480 --> 00:30:19,360 Speaker 1: are going to be some of my audience that are 583 00:30:19,360 --> 00:30:22,200 Speaker 1: really going to love it and get the illusion immediately, 584 00:30:22,600 --> 00:30:23,600 Speaker 1: and then there are going to be a whole lot 585 00:30:23,640 --> 00:30:25,960 Speaker 1: more popular going what is this hemingway? What you know? 586 00:30:26,000 --> 00:30:29,960 Speaker 1: What is she talking about? And so so we decided 587 00:30:29,960 --> 00:30:33,800 Speaker 1: to make it as accessible I would say, as possible 588 00:30:33,840 --> 00:30:35,800 Speaker 1: and that's where you know, who wouldn't want to see 589 00:30:35,800 --> 00:30:36,479 Speaker 1: around a corner. 590 00:30:36,880 --> 00:30:38,640 Speaker 2: I find it hard though, when you've got a working 591 00:30:38,680 --> 00:30:43,000 Speaker 2: title for a book, you can get irrationally attached to it. 592 00:30:43,040 --> 00:30:46,160 Speaker 1: I find yes, well, Mike. Like my very first book, 593 00:30:47,280 --> 00:30:50,600 Speaker 1: I had an absolute knockdown drag out with the publisher 594 00:30:50,680 --> 00:30:53,840 Speaker 1: over the title and got overruled. I wanted to call 595 00:30:53,840 --> 00:30:58,960 Speaker 1: it discovery driven Strategy, because you know, my early work 596 00:30:59,040 --> 00:31:01,240 Speaker 1: was around discovery d and planning and how do you 597 00:31:01,280 --> 00:31:04,680 Speaker 1: plan for conditions of high uncertainty and all that, and 598 00:31:05,040 --> 00:31:07,800 Speaker 1: this was this would have been in the ninety ninety 599 00:31:07,840 --> 00:31:11,520 Speaker 1: eight nineteen ninety nine time frame, and so they overruled me, 600 00:31:11,680 --> 00:31:15,080 Speaker 1: and they called the book The Entrepreneurial Mindset. And my 601 00:31:15,160 --> 00:31:17,520 Speaker 1: objection to that was that you know, it was going 602 00:31:17,560 --> 00:31:20,000 Speaker 1: to instantly find its way into the small business shelves 603 00:31:20,920 --> 00:31:24,400 Speaker 1: and is which happened. And then the other thing that 604 00:31:24,440 --> 00:31:26,520 Speaker 1: happened was the Great Recession, and nobody wanted to read 605 00:31:26,560 --> 00:31:30,520 Speaker 1: about entrepreneurship in the Great Recession. And what I was 606 00:31:30,680 --> 00:31:33,520 Speaker 1: sad about that was that, you know, it's now taken. 607 00:31:34,120 --> 00:31:37,800 Speaker 1: I would say it took ten years for the lean Startup, 608 00:31:37,960 --> 00:31:40,640 Speaker 1: which drew on the same ideas to be published, and 609 00:31:40,680 --> 00:31:43,480 Speaker 1: it's now taken till now for people to really say, oh, 610 00:31:43,600 --> 00:31:45,320 Speaker 1: this is a really different way of thinking. We need 611 00:31:45,360 --> 00:31:47,440 Speaker 1: to approach things in a different way. So the sort 612 00:31:47,480 --> 00:31:50,640 Speaker 1: of lean startup design thinking, you know, all that stuff 613 00:31:50,720 --> 00:31:53,880 Speaker 1: really came from that set of ideas, which was that 614 00:31:54,040 --> 00:31:56,960 Speaker 1: you've got and I mean many other people were working 615 00:31:56,960 --> 00:31:59,680 Speaker 1: in this area too, but that basically said, you know, 616 00:31:59,720 --> 00:32:01,880 Speaker 1: you can't do business as usual when you're in a 617 00:32:01,960 --> 00:32:05,640 Speaker 1: rapidly changing and or uncertain situation. And it's a shame 618 00:32:05,680 --> 00:32:08,160 Speaker 1: because I think had the title been more evocative of 619 00:32:08,160 --> 00:32:10,760 Speaker 1: what the book was really about, I think that change 620 00:32:10,800 --> 00:32:11,600 Speaker 1: might have happened fast. 621 00:32:11,960 --> 00:32:14,840 Speaker 2: It's interesting how, yeah, the title can really dictate where 622 00:32:14,880 --> 00:32:18,520 Speaker 2: you get pigeonholed, which is sometimes a good thing but 623 00:32:18,600 --> 00:32:21,600 Speaker 2: other times not a good thing. I want to know 624 00:32:22,040 --> 00:32:27,120 Speaker 2: how you write, like whether you have certain rituals around writing, 625 00:32:27,400 --> 00:32:31,440 Speaker 2: what is happening with other technology while you're writing, because 626 00:32:31,560 --> 00:32:35,200 Speaker 2: I'm quite fascinated by how this works. I'm a huge 627 00:32:35,200 --> 00:32:38,240 Speaker 2: fan of cal Newport and the concept of deep work, 628 00:32:38,400 --> 00:32:42,160 Speaker 2: and I remember having him on the show and how 629 00:32:42,440 --> 00:32:45,080 Speaker 2: he talked about how for different types of deep work, 630 00:32:45,120 --> 00:32:47,440 Speaker 2: of which writing is one of those, he would have 631 00:32:47,640 --> 00:32:50,480 Speaker 2: different rituals around it. I remember him saying that for 632 00:32:50,600 --> 00:32:54,240 Speaker 2: writing work he at home has this custom made desk 633 00:32:54,320 --> 00:32:57,400 Speaker 2: that he got made as a replica of the desks 634 00:32:57,480 --> 00:32:59,920 Speaker 2: that he would study at at the university library when 635 00:33:00,200 --> 00:33:02,760 Speaker 2: when he was a student, and when he sits down 636 00:33:02,800 --> 00:33:06,160 Speaker 2: at that desk, it's it's writing deep work that he's doing. 637 00:33:06,200 --> 00:33:08,240 Speaker 2: So I want to know for you, and perhaps you've 638 00:33:08,240 --> 00:33:12,600 Speaker 2: got different writing rituals depending on whether you're writing for 639 00:33:12,640 --> 00:33:15,080 Speaker 2: a journal or whether it's a book or an article, 640 00:33:15,120 --> 00:33:16,200 Speaker 2: what does that look like for you? 641 00:33:17,520 --> 00:33:20,760 Speaker 1: Well, I do you have a custom made desk? See 642 00:33:22,200 --> 00:33:25,840 Speaker 1: I too, it was, and I have two home offices 643 00:33:25,880 --> 00:33:29,680 Speaker 1: with mirror images of resil so that, yeah, when I 644 00:33:29,720 --> 00:33:31,600 Speaker 1: go from one to the other, it's it's I don't 645 00:33:31,680 --> 00:33:33,840 Speaker 1: need to sort of rethink how everything's laid out, which 646 00:33:33,880 --> 00:33:36,840 Speaker 1: is really wonderful. So I just basically plug in my 647 00:33:36,920 --> 00:33:40,640 Speaker 1: laptop and I'm good to go. So well, if it's 648 00:33:40,760 --> 00:33:44,240 Speaker 1: if it's book related, and typically with books, as you're 649 00:33:44,240 --> 00:33:46,640 Speaker 1: starting to really get serious about it, you're on a deadline, right, 650 00:33:46,800 --> 00:33:49,200 Speaker 1: So what I'll literally do is take my calendar and 651 00:33:49,240 --> 00:33:52,480 Speaker 1: block off writing days and just nobody, I mean unless 652 00:33:52,480 --> 00:33:55,080 Speaker 1: it's you know, Iceland is melting or there's a fire 653 00:33:55,160 --> 00:33:57,600 Speaker 1: next door. Nobody's allowed to put phone calls or anything 654 00:33:57,600 --> 00:34:00,560 Speaker 1: on those days. Because I do find or a book 655 00:34:00,960 --> 00:34:02,920 Speaker 1: style writing. You know, the stuff needs to be in 656 00:34:02,960 --> 00:34:05,640 Speaker 1: your head and it's very focused and very you know, 657 00:34:05,840 --> 00:34:09,160 Speaker 1: nose down. And it's interesting because I do a lot 658 00:34:09,200 --> 00:34:11,000 Speaker 1: of work out of my home office and my husband 659 00:34:11,080 --> 00:34:14,240 Speaker 1: is a noise guy, by which I mean he's always 660 00:34:14,280 --> 00:34:17,680 Speaker 1: got the radio on or music playing or something like that, 661 00:34:17,719 --> 00:34:19,640 Speaker 1: and so I just basically retreat and shut the door, 662 00:34:19,680 --> 00:34:23,160 Speaker 1: and then I have to have it really quiet because 663 00:34:23,160 --> 00:34:25,359 Speaker 1: otherwise it's sort of like there's the radio playing. It 664 00:34:25,400 --> 00:34:29,200 Speaker 1: interfered with my thought process. I'm also not somebody who 665 00:34:29,200 --> 00:34:30,759 Speaker 1: listens to music while I read. I know a lot 666 00:34:30,800 --> 00:34:32,840 Speaker 1: of people do. I just I just find it distracting. 667 00:34:34,000 --> 00:34:36,440 Speaker 1: So I guess a quiet place and then a clarity 668 00:34:36,480 --> 00:34:41,200 Speaker 1: around what the project is, and then just figuring out 669 00:34:41,280 --> 00:34:44,719 Speaker 1: when when to carve out the time to actually do it. 670 00:34:45,480 --> 00:34:47,880 Speaker 1: And this is where the book tour was kind of 671 00:34:47,920 --> 00:34:50,200 Speaker 1: a I wouldn't say a setback, that's the wrong word, 672 00:34:50,239 --> 00:34:51,919 Speaker 1: but you know, you get used to having a certain 673 00:34:51,960 --> 00:34:54,360 Speaker 1: amount of discretionary time to write and then I didn't 674 00:34:54,360 --> 00:34:56,520 Speaker 1: for about three months, and some of these projects were 675 00:34:56,640 --> 00:34:59,520 Speaker 1: piling up because I try to do a monthly newsletter, 676 00:34:59,560 --> 00:35:01,840 Speaker 1: as I mentioned, and there are other kinds of writing 677 00:35:01,840 --> 00:35:04,440 Speaker 1: that I do, like I'll get requests from newspapers for 678 00:35:04,480 --> 00:35:06,920 Speaker 1: an op ed, or I'll have the opportunity to place 679 00:35:06,960 --> 00:35:09,680 Speaker 1: something in something like Sloan Management Review, which I do, 680 00:35:09,760 --> 00:35:13,239 Speaker 1: and there'll be an article on digital disruption coming out 681 00:35:13,239 --> 00:35:16,279 Speaker 1: in March in that outlet. So it's really kind of 682 00:35:16,360 --> 00:35:18,840 Speaker 1: clearing the time and then sitting down and getting clarity 683 00:35:18,840 --> 00:35:22,360 Speaker 1: around what the content is that I'm trying to create. 684 00:35:22,960 --> 00:35:27,120 Speaker 2: Do you set yourself daily goals or anything like that. 685 00:35:28,360 --> 00:35:31,960 Speaker 1: No. What I did realize during twenty eighteen, for example, 686 00:35:32,040 --> 00:35:36,640 Speaker 1: with the newsletters, is that my process was really haphazard, 687 00:35:36,719 --> 00:35:38,239 Speaker 1: and by which I mean I'd pick a topic I 688 00:35:38,239 --> 00:35:41,719 Speaker 1: thought was interesting and then kind of write stuff about it. 689 00:35:42,480 --> 00:35:44,680 Speaker 1: And in twenty nineteen we got a lot more disciplined. 690 00:35:44,719 --> 00:35:47,400 Speaker 1: We started to do a video series where I'd do 691 00:35:47,440 --> 00:35:52,280 Speaker 1: two minute video newsletters in addition to the the longer 692 00:35:52,480 --> 00:35:57,040 Speaker 1: text based newsletters. And then in twenty nineteen, what I 693 00:35:57,040 --> 00:36:01,480 Speaker 1: also tried to do was do a newsletter schedule, you know, 694 00:36:01,480 --> 00:36:04,920 Speaker 1: a topic schedule in advance, which is super helpful because 695 00:36:04,920 --> 00:36:07,120 Speaker 1: then you were asking earlier about other people on the 696 00:36:07,160 --> 00:36:09,080 Speaker 1: team helping you, because then they know what's coming right, 697 00:36:09,120 --> 00:36:11,520 Speaker 1: they know what articles to steer me if they run 698 00:36:11,560 --> 00:36:14,200 Speaker 1: across them. If I meet somebody at a conference, they 699 00:36:14,239 --> 00:36:16,320 Speaker 1: know that, oh, you know, that'll be in the February newsletter. 700 00:36:17,440 --> 00:36:21,200 Speaker 1: So I think it's just a lot more organized. As 701 00:36:21,200 --> 00:36:25,640 Speaker 1: I've learned about how to do this, the newsletter process 702 00:36:25,640 --> 00:36:28,480 Speaker 1: has been absolutely fascinating because it's one way in which 703 00:36:28,560 --> 00:36:30,680 Speaker 1: I try to stay on top of things because it 704 00:36:30,719 --> 00:36:32,640 Speaker 1: really forces you to ask. That forces me to ask, 705 00:36:32,920 --> 00:36:35,640 Speaker 1: so what are the inflection points that are happening in food, say, 706 00:36:35,800 --> 00:36:39,279 Speaker 1: or packaging or transportation? You know what's really going on 707 00:36:39,320 --> 00:36:41,960 Speaker 1: in those sectors. And it's really fun to write. It's 708 00:36:42,080 --> 00:36:44,719 Speaker 1: very interesting, but frustrating because it's on a deadline, right, 709 00:36:44,760 --> 00:36:47,000 Speaker 1: I mean, a monthly newsletter needs to be monthly. 710 00:36:46,800 --> 00:36:49,960 Speaker 2: Yes, definitely, definitely. And how do you find that out? 711 00:36:49,960 --> 00:36:52,719 Speaker 2: How do you answer those questions? Have you got go 712 00:36:52,920 --> 00:36:57,200 Speaker 2: to sources, whether they be written sources or people's sources. 713 00:36:57,239 --> 00:36:57,960 Speaker 2: What does that look like? 714 00:36:59,040 --> 00:37:03,040 Speaker 1: Well? I really like CD Insights, which has a whole 715 00:37:03,040 --> 00:37:07,279 Speaker 1: team of researchers who just spend their time gathering up 716 00:37:07,320 --> 00:37:10,840 Speaker 1: interesting information about trends. You know the magazines I mentioned earlier, 717 00:37:10,880 --> 00:37:14,759 Speaker 1: Fast Company, Wired, Bloomberg, BusinessWeek. You know. If I'm working 718 00:37:14,760 --> 00:37:16,680 Speaker 1: on a particular topic, all often try to get smarter 719 00:37:16,719 --> 00:37:18,520 Speaker 1: about it by seeing what they've been writing about it. 720 00:37:20,000 --> 00:37:22,120 Speaker 1: So those are those sources I would start with. And 721 00:37:22,160 --> 00:37:25,560 Speaker 1: then if it's a really deep topical expert kind of 722 00:37:26,360 --> 00:37:28,640 Speaker 1: question I'm looking at, then I'd go to the trade 723 00:37:28,719 --> 00:37:31,080 Speaker 1: journals or the journals of people who really are deeply, 724 00:37:31,120 --> 00:37:32,960 Speaker 1: deeply immersed in what's going on. 725 00:37:33,200 --> 00:37:35,680 Speaker 2: But my final question for you, Rada, is for people 726 00:37:35,760 --> 00:37:38,160 Speaker 2: that want to consume more of your work or follow 727 00:37:38,200 --> 00:37:40,359 Speaker 2: you on the social channels, what is the best way 728 00:37:40,400 --> 00:37:40,799 Speaker 2: to do that? 729 00:37:42,040 --> 00:37:46,400 Speaker 1: Well on Twitter, I'm at r G McGrath. My website 730 00:37:46,480 --> 00:37:51,160 Speaker 1: is ridomograth dot com and all the newsletters, the archives, 731 00:37:51,760 --> 00:37:54,680 Speaker 1: old videos, you know, new videos. There's a ton of 732 00:37:54,680 --> 00:37:57,919 Speaker 1: content on the website and that's freet we don't charge 733 00:37:57,920 --> 00:37:59,839 Speaker 1: for it. And then if people want to get to 734 00:37:59,840 --> 00:38:03,080 Speaker 1: know more of my work, I'd encourage them to buy 735 00:38:03,120 --> 00:38:06,440 Speaker 1: Seeing around Corners, how to spot inflection points in business 736 00:38:06,600 --> 00:38:10,000 Speaker 1: before they happen, and what I'm doing for twenty twenty 737 00:38:10,360 --> 00:38:14,520 Speaker 1: is if an organization commits to buying two hundred books, 738 00:38:14,680 --> 00:38:17,320 Speaker 1: that I will do a live webinar on the topic 739 00:38:17,360 --> 00:38:20,160 Speaker 1: of their choice. So that might be something your listeners 740 00:38:20,239 --> 00:38:21,000 Speaker 1: might be interested in. 741 00:38:21,280 --> 00:38:23,560 Speaker 2: Oh that is that is a very appealing offer. I 742 00:38:23,640 --> 00:38:26,840 Speaker 2: like the sound of that. Oh fantastic. Well, Reata. I 743 00:38:27,000 --> 00:38:29,960 Speaker 2: love talking to you and hearing about your ways of working. 744 00:38:30,040 --> 00:38:31,960 Speaker 2: Thank you so much for your time. 745 00:38:32,600 --> 00:38:34,960 Speaker 1: Thank you, this was a fun Hello there. 746 00:38:34,960 --> 00:38:37,520 Speaker 2: That is it for today's show. I hope you are 747 00:38:37,560 --> 00:38:40,120 Speaker 2: feeling very inspired after listening to that, and maybe you 748 00:38:40,280 --> 00:38:43,120 Speaker 2: are going to go out and start your own personal 749 00:38:43,160 --> 00:38:45,160 Speaker 2: board of directors. I know it's something that I am 750 00:38:45,160 --> 00:38:48,680 Speaker 2: now giving some serious thought to after hearing Rita talk 751 00:38:48,719 --> 00:38:52,080 Speaker 2: about it. So if you are enjoying how I work, 752 00:38:52,280 --> 00:38:54,720 Speaker 2: I would love it if you would leave a little 753 00:38:54,760 --> 00:38:58,239 Speaker 2: review in Apple Podcasts or wherever you've listened to this podcast. 754 00:38:58,960 --> 00:39:03,080 Speaker 2: It is super awesome getting feedback from listeners, and reviews 755 00:39:03,080 --> 00:39:06,000 Speaker 2: are also a great way to help spread the news 756 00:39:06,080 --> 00:39:08,480 Speaker 2: of the podcast. So thank you if you've already done that, 757 00:39:08,640 --> 00:39:10,800 Speaker 2: and thank you if you plan to do that today. 758 00:39:10,960 --> 00:39:12,719 Speaker 2: So that's it for today's show, and I will see 759 00:39:12,760 --> 00:39:13,520 Speaker 2: you next time,