It was in my second year of being a Presidential Management Intern when I was feeling rather cocky after a string of successful projects. So, when I met with my boss for our weekly status meeting, I was casually leaning back in my chair just radiating gloat. That is when he leaned forward and said, “you are only as good as your last project. What have you done for me lately?”
It was that advice that has guided me ever since. It is very easy in the euphoria surrounding the triumph of solving a difficult problem or pulling off the near-impossible project to not spend the time questioning just why you succeeded. To do so seems to be diminishing the success and even doubting that you actually did succeed. On the contrary, an objective review of how you succeeded will greatly help you in continuing to succeed.
When we succeed, we can become victims of three biases, according to Gino and Pisano (April 2011). There is the attribution bias in which we overestimate how our knowledge and actions contributed to the success and we downplay any external factors that could have just made us more fortunate. We also become overconfident in our abilities as we tackle the next challenge. The third bias (and which I believe is most important) is that we don’t ask why we succeeded because the success is proof enough.
To illustrate this last bias, Gino and Pisano (April 2011) recount a study in which students were given a set of math problems to complete. When the students submitted their answers, they were only told if they had the answer right or wrong. The students were given time to reflect before they were given a second set of math problems. The second set was designed so that a key concept in the first set of problems was needed to solve the second set. The students who successfully solved the first set of problems generally spent much less time reflecting before they started on the second set of problems. Thus, many of these students failed to find the answer for the second set of problems. Reflection, whether the student succeeded or not, is the key to continuing to be successful.
So, how do we best learn from success? We should celebrate success but also examine the causes of success. For every project, we should hold a systematic review. Gino and Pisano (April 2011) give the example of Pixar’s review process. Even though Pixar has had eleven hit animated films in a row, the company still goes through an exhaustive review process to determine what made the film successful and how to repeat that success.
Another point to keep in mind is to fully investigate the feedback. Was it immediate or at least can be connected to the actions taken? Is the feedback a true indicator of success or just a random event that looks like a successful outcome? Feedback is an important concept and I explore it in greater detail in this discussion posting.
Two final points. First, “[r]ecognize that replication is not learning” (Gino and Pisano, April 2011). Blindly following the same formula again and again can suddenly turn against us as the nature of the problem changes and what worked before doesn’t work now. And, second, we should always be experimenting. We can always improve how we do something. Plus, we can create variations on our actions that may not apply to the current situation but can apply to a challenge in the future.
Failure is a great teacher but so is success. Learning from our successes will keep us from becoming “one-hit wonders” and give us the string of successful “hits” to be “rock stars.”
Reference:
Pino, F., & Pisano, G.P. (April 2011). Why leaders don’t learn from success. Harvard Business Review. 68-74.
Great post, Bill! Learning from our failures is of course an easy concept to grasp as most everyone naturally wants to know what they did wrong and how to avoid failing a second time. Learning from successes is not always so intuitive, but can be equally effective. I’ve also definitely witnessed the biases you mentioned many a time both in myself and others.
Good post. One critical lesson to learn is how to apply the law of diminishing return on investments to a string of successful projects or programs. An 80 or 90 percent success rate harvesting low hanging fruit is very difficult to maintain as you climb the tree. Also, if you are choosing between equally successful applicants to lead anew project, the one who overcame the most adversity is probably the better choice.
Great paragraph:
So, how do we best learn from success? We should celebrate success but also examine the causes of success. For every project, we should hold a systematic review. Gino and Pisano (April 2011) give the example of Pixar’s review process. Even though Pixar has had eleven hit animated films in a row, the company still goes through an exhaustive review process to determine what made the film successful and how to repeat that success.