Happy heuristics: Shock-resistant leader routines and rules of thumb for a complex world.
By Jeff Grimshaw & Jamie Flinchbaugh
Hosted by Jamie Flinchbaugh (author and co-founder JFlinch) and Jeff Grimshaw (author and principal at MGStrategy).
Happy heuristics: Shock-resistant leader routines and rules of thumb for a complex world. Jun 06, 2022
Value for the money
How much you deliver and what you charge for it: Two variables it's important to get right! What are some reliable heuristics to guide your decisions? In this episode, Jamie and Jeff tackle that question.
Rough (automated) Transcript
BTW, Jamie has a new book: People Solve Problems. Check it out!
Gordon Gekko was half right
Adam Smith, the father of free enterprise, wrote in The Wealth of Nations: "It is not from the benevolence of the butcher, the brewer, or the baker, that we expect our dinner, but from their regard to their own interest." We may tell ourselves stories about our supposed altruism. But we all make decisions that we hope will "maximize future utility." The question is: What's our time horizon for calculating ROI? In this episode, Jeff and Jamie suggest heuristics that address this question.
Rough (automated) Transcript
Show notes
- Coming soon
BTW, Jamie has a new book: People Solve Problems. Check it out!
Theory versus practice
What's more important to you: That something works in THEORY or that it works in PRACTICE? In this episode, Jamie and Jeff reveal their answers with two new "heuristics" or rules of thumb for making choices in uncertainty.
Rough (automated) Transcript
Show notes
- Patriot's Point in South Carolina
- Nassim Taleb on the "Green Lumber Problem"
- The Manzo Derby cocktail with pepper
- Eric Ries: Lean Startup Principles
- The case for NFTs
- Ethereum founder makes the case for Bitcoin Maximalism
BTW, Jamie has a new book: People Solve Problems. Check it out!
Reserving the right to get smarter
Nobody likes a "know-it-all." In this episode, Jamie and Jeff share reliable decision-making heuristics or "rules of thumb" for operating as a learn-it-all.
Show notes
[Coming soon]
BTW, Jamie has a new book: People Solve Problems. Check it out!
Find out more about Jeff Grimshaw here and MG Strategy here
Find out more about Jamie Flinchbaugh here and JFlinch here
Transcript
[Coming soon]
Attention: Non-Urgent!
Life's full of tradeoffs. In this episode, Jamie and Jeff share reliable decision-making heuristics or "rules of thumb" for optimizing your most valuable asset: Time.
Show notes
[Coming soon]
BTW, Jamie has a new book: People Solve Problems. Check it out!
Find out more about Jeff Grimshaw here and MG Strategy here
Find out more about Jamie Flinchbaugh here and JFlinch here
Transcript
[Coming soon]
In praise of procrastination and flip-floppery
Jamie and Jeff share reliable decision-making heuristics or "rules of thumb" for deciding WHEN to decide...and when to change your mind.
Control freaks
Jamie and Jeff share reliable decision-making heuristics or "rules of thumb" for deciding who ought to decide.
Show notes
Interested in learning more about the thought leaders and concepts referenced in this episode?
- Decoding the DNA of the Toyota Production System
- AntiFragile by Nassim Taleb
- Carl von Clausewitz: "Fog of War"
- Helmuth von Moltke the Elder
- Wikipedia on heuristics
BTW, Jamie has a new book: People Solve Problems. Check it out!
Find out more about Jeff Grimshaw here and MG Strategy here
Cheap insurance
Jamie and Jeff consider decision-making heuristics or "rules of thumb" for reducing risk when the stakes are high. When do you slow down decision making and action? And how do you slow down without getting paralyzed?
Show notes
Interested in learning more about the thought leaders and concepts referenced in this episode?
- Precautionary principle
- Annie Duke, Thinking in Bets
- 44 heuristics from Nassim Taleb
- Wikipedia on heuristics
BTW, Jamie has a new book: People Solve Problems. Check it out!
Find out more about Jeff Grimshaw here and MG Strategy here
Happy Heuristics: Preview
Jeff and Jamie answer three important questions:
- Why the hell does the world need another podcast?
- What the hell is a heuristic?
- Why should you care?
Check out this short preview of the podcast series and subscribe!
About the hosts:
As the Founder of JFlinch, lean thought-leader Jamie Flinchbaugh helps teams lift performance. In 2006, he co-authored the lean bestseller, The Hitchhiker’s Guide to Lean: Lessons from the Road, and he has worked with over 300 clients spanning manufacturing, healthcare, utilities, technology, government, and professional services, including Harley-Davidson, Intel, Mars, Amazon, Crayola, Fidelity, Whirlpool, among others. His next book, People Solve Problems, will be published this fall.
Jeff Grimshaw has worked with senior leaders for more than 25 years. Along the way he’s helped hundreds of executives—across six continents—to align people, strategy, and culture in support of important business outcomes. Jeff is the co-author of Leadership Without Excuses: How to Create Accountability and High Performance (Instead of Just Talking about It) (McGraw-Hill) and Five Frequencies: Leadership Signals That Turn Culture into Competitive Advantage (Logos).