My view is that leadership thinking can be based on a simple formula of three imperatives:
Escape + Search = Think
Escape + Search = Think
Escape + Search = Think
DFQ #04:
Post your comment on how you think
ESCAPE + SEARCH = THINK might help
you to become a much better leader.
In order to improve (our cvs) we need to “get out of the trenches” and allow ourselves to have a more “helicopter” view of the situation. We should use lateral thinking and consider “non conventional” solutions (escape). Then we need to bring back something practical to improve the situation (bvs).
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As a leader I must to do the best I can. Escaping from cvs and by searching+thinking getting to bvs as more frequent as possible will develop abilities to do the right things.
To exclude opportunities (which come from perspectives) just because you have one perspective is totally irrational.
A leader is charged with the responsibility of finding the best, newest, most appropriate, most efficient, ways of doing things. They are a generalist and must work on the business they are in and not get blinded by a specialist singular view.
E+S=T is one way of achieving the required perspective to do this.
To always look at a situation from another point of view.
i think it makes you a better leader because you become noble in a way you make whta you dont know obvious which is houred by the people around you it also makes you honest and it proves that your trying to do whats right. it is also interesting to mention that by doing this you actively engage your team in the decision making process which makes them take more accountability in the decison and holds them more accountable which triggers responsibilty and also makes the team more aware of there roles increasing efficency and functioning of the process
This technique breaks the habitual thinking habits. Leaders need to be open to new ideas, this technique helps with moving your thinking from closed CVS to open BVS
I agree with what Mark had to say and would just add to it. If you adopt a positive attitude CVS2BVS and you practice ESCAPE – SEARCH=THINK you are opening yourself up to ideas and not reacting to a situation or a problem. PRR CVS2BVS makes it impossible to be negative – amazing how different things look with a positive mindset. Keeping at it is the trick.
Provides you the ability to come up with out of box solutions for any given scenario.
Time and energy can be wasted defending a position therefore I believe there needs to be a trigger or conscious decision to “flick the switch” or the CVS will remain.
The trigger is the escape to seek alternatives and arrive at a BVS, so I like this simple but very effective concept
One of the best examples of the CVS2BVs thinking patterns can be found in “The Adventures of Tom Sawyer” by Mark Twain. It is the story of the fence painting.
One day, when Tom has been nought aunt Poly ordered him to paint the fence around their home on the sunny sumer Sunday. How Tom Escaped from this situation, seen by aunt Poly as punishment for him, (CVs) and searched and found beter option (BVS), taking advantage of the situation? Find the answer yourself by reading this delicious book.
As I’m trying to apply thinking patterns and skills to Forex trading, i’ll try to deescribe “Escape and Search” pattern from this area. Some people perceive trading as investment, where a trader buis an asset and holds it for a long time. From this point of view, (CVS) smart asset picking and market entry timing are two most important trader’s skills. Warren Buffett, one of the richest men in the world, is often quoted as the model investor.
Therefore, the common markets wisdom was “long time investment is always the best market option”. Unfortunatelly, as someone said, in the long term we all will be dead. Recently many small investors discovered this sad truth when the value of their pension funds dropped by half.
Alternative point of view (BVS) at trading is taken by George Soros. From this viewpoint trading is speculation, where a trader takes a position in the market for a short time, sometime as short as a few minutes, and proper market exit is his most important skill. Few years ago market speculation was practically available only for investment banks and hedge funds, but now, thanks to Internet and modern trading platforms and systems, it’s available for individual traders with small capitals. But anyone who wants to take this option must remember that it’s very risky business and requirres good thinking skills.