RAFFIAPALM

Resources for product teams from industry experts.

Those with more creativity invent ways to do things more effectively (for instance by finding good people, good technologies, and/or good designs). Those with more character are better able to wrestle with their challenges and demands. And those with more wisdom can maintain their equanimity by going to the higher level and looking down on themselves and their challenges to properly prioritize, realistically design, and make sensible choices.

— Principles: Life and Work by Ray Dalio

Source: Amazon Kindle

Related Stories and Excerpts:

  1. Mental Models: The SCAMPER Method The SCAMPER method is one of the easiest yet most effective strategies for finding solutions to problems and sparking creative thinking. Think of this mental model as akin to opening a faucet that introduces water to seven pipes, and each of those pipes channels to a unique pot of earth. Each pot has the potential to bring forth new growth once the seeds in it are watered. Note that the SCAMPER method doesn’t require that you move in a sequential flow of steps. You can use it in any order or sequence and jump among the different techniques. Substitute: […]
  2. When we combine the behavioral realm with the cognitive and emotional realms, the full picture of self-mastery comes into view. These domains represent the ability to become the self of your highest vision. To resist the many forces which would lead you away from it. Self-mastery represents the degree to which you are capable of aligning with your own ideals. In other words, it is your ability to become a great individual and live a great life – by your own standards. The capacities found in the various forms of self-mastery like wisdom, equanimity, and self-control are not merely […]
  3. Innovation Accounting (IA) is a way of evaluating progress when all the metrics typically used in an established company (revenue, customers, ROI, market share) are effectively zero. It provides a framework of chained leading indicators, each of which predicts success. Each link in the chain is essential and, when broken, demands immediate attention. It’s a focusing device for teams, keeping their attention on the most important leap-of-faith assumptions. It’s a common, mathematical vocabulary for negotiating the use of resources among competing functions, divisions, or regions. It provides a way to tie long-term growth and R&D into a system that […]
  4. The cycle of conflict, mystery, and resolution is as old as storytelling itself, and at the heart of every good tale is variability. The unknown is fascinating and strong stories hold our attention by waiting to reveal what happens next. In a phenomenon called “experience-taking,” researchers have shown that people who read a story about a character actually feel what the protagonist is feeling. As we step into the character’s shoes we experience his or her motivations — including the search for rewards of the tribe, hunt, and self. — Hooked: How to Build Habit-Forming Products by Nir Eyal […]
  5. No matter what you’re after, in the internal groundswell, the secret to thriving is culture. This is not about technology implementation but about managing and changing the way organizations work, a change that needs the blessing—or, even better, the active participation—of top echelons of management. It’s nearly impossible to force social technologies on organizations from the top down, because, by their definition, these technologies require the participation of your employees. You can’t force them to adopt groundswell thinking, any more than you can convince reluctant managers to deploy social technologies with your customers. But it sure helps if the […]

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