1 00:00:00,840 --> 00:00:04,800 Speaker 1: Whatever happened to that huge game changing project you started 2 00:00:04,800 --> 00:00:07,600 Speaker 1: working on last year, or the idea that you had 3 00:00:07,720 --> 00:00:11,319 Speaker 1: a couple of months ago. If you've got an ever 4 00:00:11,600 --> 00:00:16,800 Speaker 1: lengthening list of unfinished and abandoned pursuits, it's probably because 5 00:00:16,840 --> 00:00:21,400 Speaker 1: you're not prioritizing the correct time horizons. As at Lassian's 6 00:00:21,440 --> 00:00:25,119 Speaker 1: head of R and D, Dom Price, calls them, the 7 00:00:25,160 --> 00:00:29,800 Speaker 1: first horizon is the short term answering emails, making sales calls, 8 00:00:29,840 --> 00:00:33,199 Speaker 1: delivering final products, anything that gives you a sense of 9 00:00:33,240 --> 00:00:39,599 Speaker 1: immediate gratification. And while wins in this first horizon are crucial, 10 00:00:40,159 --> 00:00:43,280 Speaker 1: they're also a bit of a trap. After all, when 11 00:00:43,440 --> 00:00:48,839 Speaker 1: immediate gratifications available, it's hard to resist. But if anything 12 00:00:48,920 --> 00:00:52,080 Speaker 1: truly special is going to happen, it's going to take 13 00:00:52,159 --> 00:00:56,880 Speaker 1: the discipline pursuit of longer term goals. So what is 14 00:00:57,040 --> 00:01:00,800 Speaker 1: dom system for not just attending to the immediate needs 15 00:01:00,800 --> 00:01:04,520 Speaker 1: of horizon one, but also ensuring he's planting seeds for 16 00:01:04,600 --> 00:01:12,360 Speaker 1: horizon two and three projects over multiple months or even years. 17 00:01:15,520 --> 00:01:19,280 Speaker 1: My name is doctor amanthe Immer. I'm an organizational psychologist 18 00:01:19,360 --> 00:01:23,039 Speaker 1: and the founder of behavioral science consultancy Inventium, and this 19 00:01:23,319 --> 00:01:26,280 Speaker 1: is how I work a show about how to help 20 00:01:26,360 --> 00:01:29,839 Speaker 1: you do your best work. On today's my Favorite Tip 21 00:01:29,880 --> 00:01:31,920 Speaker 1: episode where you go back to an interview from the 22 00:01:31,920 --> 00:01:34,760 Speaker 1: past and I pick out my favorite tip from the interview. 23 00:01:35,200 --> 00:01:37,800 Speaker 1: In today's show, I speak with Dom about how he 24 00:01:37,880 --> 00:01:43,400 Speaker 1: applies the three horizons framework to prioritizing his time and work. 25 00:01:44,200 --> 00:01:46,360 Speaker 2: My goal is to minimize time horizon one. We have 26 00:01:46,920 --> 00:01:49,880 Speaker 2: nine thousand Atlasians who can do immediate gratification. Really well, 27 00:01:50,040 --> 00:01:52,600 Speaker 2: there's no point me doing that. I like it because 28 00:01:52,720 --> 00:01:54,600 Speaker 2: you get that kick, right, you get the adrenaline kick, 29 00:01:55,320 --> 00:01:56,920 Speaker 2: and you get all the all the courts on, and 30 00:01:56,960 --> 00:01:58,920 Speaker 2: you get all that and you're like, oh, the euphoria, 31 00:01:59,240 --> 00:02:01,480 Speaker 2: and then it flops, you fall off the Cliff's pointless 32 00:02:01,480 --> 00:02:03,960 Speaker 2: for me. So I focus on two in time horizon 33 00:02:03,960 --> 00:02:06,520 Speaker 2: two and three, and then I have to be really 34 00:02:06,560 --> 00:02:10,359 Speaker 2: clear that there's significantly more volatility in three. So well, 35 00:02:10,360 --> 00:02:12,400 Speaker 2: that means is if I'm doing something this week that 36 00:02:12,440 --> 00:02:14,000 Speaker 2: I don't think it's going to pay back for three 37 00:02:14,120 --> 00:02:16,600 Speaker 2: or six months, the chances are it might not. So 38 00:02:16,600 --> 00:02:18,680 Speaker 2: the great thing about immediate gratification is it not an 39 00:02:18,760 --> 00:02:21,720 Speaker 2: is it immediate? It's highly likely, right, we know when 40 00:02:21,720 --> 00:02:23,760 Speaker 2: we do that thing it's going to produce a return, 41 00:02:24,320 --> 00:02:26,400 Speaker 2: whereas there's a holder of stuff, and I think I've 42 00:02:26,440 --> 00:02:28,640 Speaker 2: got slightly better over time at honing that. But I'm like, 43 00:02:28,760 --> 00:02:31,000 Speaker 2: it's not a game of certainty, it's a game of confidence. 44 00:02:31,240 --> 00:02:33,200 Speaker 2: So I'm like, I'm confident that that make makes sense. 45 00:02:33,280 --> 00:02:36,000 Speaker 2: Right when you message me the other week and you're like, 46 00:02:36,080 --> 00:02:37,959 Speaker 2: i'd look to have another chat, I haven't got something 47 00:02:37,960 --> 00:02:40,040 Speaker 2: that says I am certain that this will happen, and 48 00:02:40,080 --> 00:02:41,520 Speaker 2: here's what will happen off the back of it. I'm like, 49 00:02:41,760 --> 00:02:45,040 Speaker 2: I'm confident I'll enjoy chat with Amantha, and I'm confident 50 00:02:45,040 --> 00:02:47,160 Speaker 2: there'll be a good conversation, and I'm confident that she's 51 00:02:47,200 --> 00:02:49,880 Speaker 2: got a really self aware, smart audience. All listen to it. 52 00:02:49,960 --> 00:02:52,720 Speaker 2: There you go, right, And so it works on degrees 53 00:02:52,760 --> 00:02:55,240 Speaker 2: of confidence, and then if those degrees are high enough, 54 00:02:55,360 --> 00:02:57,600 Speaker 2: then we plant the seed. Then then the job. And 55 00:02:57,800 --> 00:02:59,760 Speaker 2: this is the important bit about working in time Horizon 56 00:02:59,800 --> 00:03:02,239 Speaker 2: two three. For anyone that is anyone a strategy or 57 00:03:02,240 --> 00:03:04,840 Speaker 2: a longer term thing, enroll is how much you nurture. 58 00:03:05,240 --> 00:03:07,760 Speaker 2: So for every seed I plant, I have a rule 59 00:03:07,800 --> 00:03:09,440 Speaker 2: that in the next quarter I have to carve out 60 00:03:09,480 --> 00:03:11,960 Speaker 2: some time to nurture that seed or find someone to 61 00:03:12,000 --> 00:03:14,560 Speaker 2: nurture it for me, because otherwise I plant all these 62 00:03:14,560 --> 00:03:17,079 Speaker 2: wonderful seeds and I wonder off go and doing my thing, 63 00:03:17,440 --> 00:03:19,120 Speaker 2: and I come back a few months later, there's no 64 00:03:19,200 --> 00:03:21,960 Speaker 2: forest there. There's a whole lot of dead seeds. So 65 00:03:22,600 --> 00:03:25,040 Speaker 2: I'm like, okay, either if I go and plant all 66 00:03:25,040 --> 00:03:26,600 Speaker 2: those seeds and I get really carried away and plant 67 00:03:26,639 --> 00:03:29,240 Speaker 2: all these ideas, either I nurture them or I have 68 00:03:29,320 --> 00:03:32,079 Speaker 2: to find someone to nurture them for me, right otherwise 69 00:03:32,080 --> 00:03:34,440 Speaker 2: they're down the vine. And so that's just an approaches 70 00:03:34,920 --> 00:03:37,880 Speaker 2: I do. I go sort of three year plan to 71 00:03:37,960 --> 00:03:40,840 Speaker 2: one year time horizon, which is my three year plans, 72 00:03:40,960 --> 00:03:43,920 Speaker 2: like forty percent for Deelty's a painted picture, it's not 73 00:03:43,960 --> 00:03:47,560 Speaker 2: even written words. Right. My one year is here's what 74 00:03:47,600 --> 00:03:50,240 Speaker 2: the outcome looks like, and is still quite a stretch goal. 75 00:03:50,560 --> 00:03:52,640 Speaker 2: And then quarterly is a little bit more transactional for 76 00:03:52,680 --> 00:03:55,040 Speaker 2: the team to give them those benchmarks. But you know 77 00:03:55,080 --> 00:03:56,880 Speaker 2: that enables us to go. If we're doing this in 78 00:03:56,960 --> 00:03:58,560 Speaker 2: Q one, we've already built a plant for next year. 79 00:03:58,600 --> 00:04:00,760 Speaker 2: If we're planting seeds in Q one, we need a 80 00:04:00,800 --> 00:04:02,880 Speaker 2: planning Q two and Q three to nurture those seats. 81 00:04:03,400 --> 00:04:06,040 Speaker 2: So rather than going doing more seed planting, how do 82 00:04:06,080 --> 00:04:07,920 Speaker 2: we turn Q two and Q three into nurturing. 83 00:04:08,680 --> 00:04:13,040 Speaker 1: If you enjoyed this tip from Dom, I recommend checking 84 00:04:13,120 --> 00:04:16,760 Speaker 1: out my full interview with him, which you can find 85 00:04:16,839 --> 00:04:20,279 Speaker 1: a link to in the show notes. If you're looking 86 00:04:20,320 --> 00:04:22,800 Speaker 1: for more tips to improve the way that you worked, 87 00:04:23,200 --> 00:04:26,560 Speaker 1: I write a short fortnightly newsletter that contains three cool 88 00:04:26,680 --> 00:04:29,839 Speaker 1: things that I've discovered that helped me work better, ranging 89 00:04:30,000 --> 00:04:33,480 Speaker 1: from software and gadgets that I'm loving through the interesting 90 00:04:33,560 --> 00:04:37,040 Speaker 1: research findings. You can sign up for that at Howiwork 91 00:04:37,160 --> 00:04:41,159 Speaker 1: dot co. That's how I Work dot co. How I 92 00:04:41,279 --> 00:04:44,479 Speaker 1: Work is produced by Inventium with production support from dead 93 00:04:44,520 --> 00:04:47,600 Speaker 1: Set Studios. And thank you to Matt Nimba who does 94 00:04:47,640 --> 00:04:50,760 Speaker 1: the audio mix for every episode and makes everything sound 95 00:04:50,839 --> 00:04:53,719 Speaker 1: so much better than it would have otherwise. See you 96 00:04:53,760 --> 00:04:54,200 Speaker 1: next time.