ego risk: why innovation fails - teague hopkins
TRANSCRIPT
1. Tech Risk 2. Market Risk 3. Ego Risk
e·go - ˈēgō - noun “a person’s sense of self-esteem or self-importance”
e·go - ˈēgō - noun “a Latin and Greek word meaning ‘I’, often used in English to mean the ‘self’, ‘identity’ or other related concepts.”
e·go - ˈēgō - noun “the part of the mind that mediates between the conscious and the unconscious and is responsible for reality testing and a sense of personal identity.”
Reality Testing
Fundamental Attribution Error
Arrival Fallacy
Guess the Rule
Confirmation Bias
More Cognitive Biases
Survivorship Bias
Sunk Cost
Fallacy
Availability Heuristic
Bandwagon Effect
Halo Effect
Hindsight Bias
It’s worse for innovators Uncertainty & Ambiguity
Trough of sorrow
How to Manage Ego Risk
Management: First self, then team
Objectivity & Mindfulness
Minimum Effective Dose
Habit Loop: Cue, Routine, Reward
Management: First self, then team
Team Ego Risks
Half-life of Enthusiasm
Hippo
Highest Paid Person’s Opinion
No one ever got fired for picking
Helvetica
Zombie Projects
Launch & Forget
Culture
Habit Loop: Cue, Routine, Reward
Growing Culture
Good Culture \ Bad Culture
Free Beer & Ping Pong
Power distance & folkways
Folkways
Management is a Discipline
Hammonton Photography
Arenamontanus foxypar4 Flооd Christiaan Triebert
archer10 (Dennis) Wendy Longo photography
Muha
Shing Yan RelaxingMusic Meetup Central Openeye mcw026 Zimpenfish Kolya Cooky Yoon ScoRDS A440 Peter E. Lee
LuisJouJR Wanderlinse Arno Meintjes Wildlife
The Logo Smith Flying Jenny Pro-Zak Sky Noir kennysarmy
Photo Thanks – Creative Commons
