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Speed Kills: 
A Return to Critical Thinking 
The 
most 
important 
thing 
about 
a 
point 
of 
view 
is 
to 
have 
one.
I 
started 
a7ending 
business 
conferences 
nearly 
twenty 
five 
years 
ago 
thanks 
to 
employers 
like 
Deloi7e 
& 
Touche 
and 
Price 
Waterhouse. 
EnthusiasBcally 
I 
went 
to 
learn 
(the 
free 
lunches 
were 
cool 
too). 
I 
remember 
the 
themes 
and 
topics 
were 
very 
specific 
and 
tangible 
back 
then. 
When 
I 
started 
to 
speak 
at 
events 
a 
few 
years 
later 
it 
was 
for 
never 
less 
than 
an 
hour 
and 
oEen 
speaking 
slots 
were 
ninety 
minutes. 
Conferences 
were 
mini-­‐MBAs. 
Involved, 
complex 
case 
studies 
were 
the 
norm 
and 
popular. 
Conferences 
have 
evolved 
in 
style 
and 
content. 
When 
a 
colleague 
found 
out 
I 
was 
presenBng 
at 
the 
Canadian 
MarkeBng 
AssociaBon’s 
NaBonal 
ConvenBon 
she 
asked 
if 
I 
was 
going 
to 
deliver 
it 
TED 
Talks-­‐style. 
I 
had 
not 
thought 
about 
it 
that 
way. 
I 
have 
spoken 
at 
many 
events 
and 
have 
had 
only 
one 
enduring 
rule 
of 
thumb. 
That 
is, 
present 
what 
you 
would 
like 
to 
hear. 
Much 
like 
the 
axiom 
in 
publishing 
that 
goes 
‘write 
the 
book 
you 
want 
to 
read’. 
I 
was 
familiar 
with 
TED. 
I 
knew 
the 
talks 
were 
slick, 
brief 
and 
premised 
on 
storytelling 
but 
I 
decided 
to 
dig 
a 
li7le 
deeper 
into 
their 
format. 
I 
came 
across 
a 
fascinaBng 
debate 
concerning 
the 
value 
and 
efficacy 
of 
TED. 
The 
organizaBon 
is 
a 
bigger 
machine 
than 
I 
realized. 
TED 
was 
founded 
thirty 
years 
ago 
as 
a 
progressive 
conference 
and 
has 
expanded 
exponenBally 
thanks 
to 
its 
different 
TEDGlobal 
and 
TEDx 
events, 
online 
videos, 
a 
publishing 
division 
and 
the 
TED 
radio 
hour. 
TED 
holds 
over 
1,000 
events 
a 
year 
and 
more 
than 
1,700 
TED 
talks 
are 
available 
free 
online. 
An 
army 
of 
volunteers 
translates 
each 
one 
into 
104 
different 
languages. 
By 
January 
2009, 
these 
had 
been 
viewed 
50 
million 
Bmes. 
In 
2011, 
that 
number 
reached 
500 
million. 
Views 
have 
now 
surpassed 
two 
billion. 
2
Ideas 
Worth 
Spreading 
indeed. 
The 
pace 
of 
consumpBon 
of 
TED 
content 
is 
acceleraBng 
and 
I 
am 
a 
fan. 
Chris 
Anderson, 
curator 
of 
TED, 
wrote 
a 
piece 
in 
Harvard 
Business 
Review 
last 
year 
called 
Giving 
a 
Killer 
Presenta5on. 
I 
wrote 
a 
le7er 
to 
the 
editor 
in 
support 
of 
what 
Chris 
emphasized 
and 
the 
le7er 
was 
published 
in 
the 
magazine. 
InfluenBal 
organizaBons 
oEen 
draw 
criBcism 
and 
TED 
is 
no 
excepBon. 
TED 
conferences 
are 
seen 
to 
be 
eliBst 
given 
the 
substanBal 
price 
tag 
to 
a7end 
and 
organizers 
have 
been 
accused 
of 
picking 
only 
popular 
and 
less 
controversial 
topics. 
The 
most 
fascinaBng 
and 
consistently 
leveled 
criBcism 
is 
TED 
demands 
narraBve 
elegance 
over 
substance 
and 
rigorous 
analysis. 
The 
Huffington 
Post 
wrote 
that 
“Every 
slide, 
every 
sentence, 
has 
been 
rehearsed 
and 
revised 
to 
such 
a 
point 
that 
no 
room 
is 
leE 
over 
for 
spontaneity 
and 
wit.” 
The 
New 
York 
Times 
reported, 
“The 
process 
of 
preparing 
a 
speaker 
is 
painstaking. 
Mr. 
Anderson 
and 
his 
team 
work 
for 
months 
with 
presenters.” 
You 
really 
know 
you 
are 
onto 
something 
when 
someone 
parodies 
you. 
In 
2012, 
the 
saBrical 
newsmagazine, 
The 
Onion, 
began 
Onion 
Talks.The 
parody 
presentaBons 
included 
Ducks 
Go 
Quack, 
Chickens 
Say 
Cluck, 
What 
is 
the 
Biggest 
Rock?, 
Using 
Social 
Media 
To 
Cover 
For 
Lack 
Of 
Original 
Thought, 
Compost-­‐ 
Fueled 
Cars: 
Wouldn't 
That 
Be 
Great?, 
and 
A 
Future 
Where 
All 
Robots 
have 
Penises. 
Then 
late 
last 
year, 
this 
should 
come 
as 
no 
surprise, 
a 
TEDx 
speaker 
used 
the 
forum 
itself 
to 
bash 
TED. 
TEDx’s 
are 
locally 
licensed 
conferences 
and 
this 
one 
took 
place 
in 
San 
Diego. 
Benjamin 
Bra7on, 
a 
visual 
art 
professor 
at 
the 
University 
of 
California 
said 
that 
instead 
of 
promoBng 
his 
own 
ideas 
or 
a 
book 
that 
he 
instead 
wanted 
to 
address 
"TED 
itself, 
what 
it 
is 
and 
why 
it 
doesn't 
work." 
He 
told 
the 
audience 
that 
the 
TED 
process 
simplifies 
difficult 
topics 
so 
lay 
people 
can 
understand 
them 
and 
that 
presenter 
likability 
outshines 
the 
ideas 
themselves, 
"making 
our 
best 
and 
brightest 
waste 
their 
Bme—and 
the 
audience's 
Bme—dancing 
like 
infomercial 
hosts.” 
Bra7on 
himself 
seems 
to 
know 
a 
good 
sound 
bite 
as 
he 
called 
TED, 
“Middlebrow 
Megachurch 
Infotainment”. 
3
Making 
a 
Decision 
I 
share 
it 
is 
because 
I 
love 
the 
debate. 
I 
enjoy 
looking 
at 
issues 
from 
different 
views 
and 
angles. 
TED 
under 
the 
microscope 
speaks 
to 
an 
ever 
acceleraBng 
cycle 
of 
change. 
TED 
changed 
how 
ideas 
were 
shared 
by 
quesBoning 
the 
long 
accepted 
conference 
model. 
Now 
the 
TED 
model 
is 
being 
tested. 
This 
leads 
to 
the 
subject 
of 
speed 
and 
criBcal 
thinking. 
Implied 
in 
criBcal 
thinking 
is 
the 
ability 
to 
make 
a 
decision. 
So 
ask 
yourself, 
how 
do 
you 
make 
a 
decision? 
Highly 
raBonal 
people 
may 
be 
saying, 
“Well 
I 
consider 
the 
informaBon 
available 
to 
me, 
weigh 
the 
respecBve 
pros 
and 
cons, 
judge 
the 
potenBal 
impacts 
and 
arrive 
at 
the 
best 
possible 
outcome.” 
But 
do 
you 
really? 
Others 
may 
be 
chuckling 
while 
thinking 
of 
their 
own 
personal 
irraBonality 
when 
it 
comes 
to 
making 
a 
decision. 
While 
more 
sBll 
are 
probably 
admipng 
that 
they 
never 
really 
thought 
much 
about 
it. 
We 
all 
just 
do 
it. 
The 
most 
honest 
answer 
to 
how 
we 
make 
decisions 
is 
it 
depends. 
We 
make 
decisions 
differently 
based 
on 
our 
experiences, 
background 
and 
biases 
we 
develop. 
We 
are 
also 
influenced 
by 
context. 
The 
very 
pressure 
to 
make 
a 
decision 
effects 
how 
we 
decide. 
The 
fact 
that 
we 
missed 
our 
morning 
coffee 
can 
throw 
us 
off. 
A 
fight 
with 
our 
spouse 
can 
distract 
us. 
A 
jerk 
at 
work 
gets 
under 
our 
skin 
and 
disrupts 
us. 
So 
much 
goes 
into 
even 
the 
most 
basic 
decision. 
Increasingly 
we 
are 
confronted 
with 
speed 
as 
a 
big 
factor 
that 
impacts 
the 
manner 
and 
quality 
of 
our 
decisions. 
I 
will 
concede 
the 
world 
and 
business 
move 
faster 
now. 
You 
only 
have 
to 
read 
two 
or 
three 
of 
the 
over 
three 
hundred 
books 
published 
on 
speed 
in 
the 
last 
few 
years 
or 
the 
scores 
of 
blogs 
and 
arBcles 
to 
buy 
into 
that. 
These 
writers 
argue 
that 
speed 
is 
a 
compeBBve 
advantage 
in 
business 
and 
advocate 
we 
should 
move 
ever 
faster. 
I 
am 
not 
wriBng 
about 
faster 
decisions 
or 
slower 
decisions. 
I 
am 
sharing 
the 
creaBng 
condiBons 
for 
making 
be7er 
decisions 
by 
pupng 
speed 
in 
context. 
Something 
happened 
in 
the 
last 
ten 
to 
fiEeen 
years. 
“Speed” 
itself 
became 
a 
business 
buzzword. 
Faster 
is 
now 
clearly 
associated 
with 
be7er 
and 
that 
is 
some 
of 
the 
most 
flawed 
thinking 
of 
recent 
Bmes. 
There 
are 
two 
reasons 
for 
this. 
The 
first 
takes 
place 
in 
our 
daily 
lives. 
Sheena 
Iyengar 
of 
Columbia 
University 
and 
author 
of 
The 
Art 
of 
Choosing 
found 
that 
we 
make 
an 
average 
of 
70 
decisions 
each 
day. 
They 
range 
from 
the 
mundane 
such 
as 
‘what 
should 
I 
wear 
today?’ 
to 
bigger 
bets 
like 
‘what 
would 
happen 
if 
we 
doubled 
our 
media 
spend?’ 
Decisions 
are 
done 
on 
autopilot 
and 
some 
nearly 
paralyze 
in 
their 
importance 
and 
complexity. 
In 
the 
past 
ten 
to 
fiEeen 
years, 
“speed” 
became 
a 
business 
buzzword. 
3
Think 
of 
your 
mind 
as 
an 
assembly 
line. 
It 
has 
been 
set 
up 
to 
process 
informaBon 
and 
make 
decisions 
at 
a 
manageable 
speed 
and 
generally 
it 
does 
so 
well. 
Now 
imagine 
if 
that 
producBon 
line 
was 
doubled 
in 
speed. 
What 
happens? 
You 
end 
up 
with 
poorer 
quality 
decisions 
in 
every 
meaning 
of 
that 
word. 
It 
can 
even 
lead 
to 
breakage 
or 
shut 
down. 
According 
to 
a 
2013 
IBM 
study 
of 
1,500 
chief 
execuBves, 
complexity 
and 
speed 
were 
the 
biggest 
issues 
facing 
their 
companies. 
The 
interesBng 
thing 
is 
how 
businesses 
react 
to 
them. 
First, 
we 
try 
to 
address 
complexity 
by 
oversimplifying. 
Everything 
today 
is 
a 
tagline, 
a 
thirty-­‐second 
elevator 
pitch 
or 
a 
top-­‐ten 
list. 
We 
are 
spoon 
fed 
soluBons. 
Every 
book 
is 
a 
how-­‐to. 
Newspapers 
are 
dumbed 
down. 
We 
converse 
in 
abrupt 
text 
and 
tweets. 
So 
much 
of 
our 
current 
work 
is 
spent 
embracing 
client 
complexity 
and 
creaBng 
rich 
brand 
stories 
and 
markeBng 
campaigns 
for 
them. 
I 
advocate 
celebraBng 
complexity 
not 
tearing 
it 
down 
to 
the 
point 
of 
irrelevance. 
The 
second 
way 
we 
have 
reacted 
to 
speed 
and 
complexity 
is 
by 
pupng 
ourselves 
on 
a 
treadmill 
to 
oblivion 
by 
matching 
speed 
with 
even 
more 
speed. 
The 
result 
is 
we 
have 
confused 
simple 
and 
faster 
with 
be7er. 
Further 
we 
now 
have 
the 
gall 
to 
suggest 
that 
simple 
and 
faster 
is 
the 
only 
form 
of 
innovaBon. 
Every 
businesses’ 
website, 
markeBng 
pieces, 
ads, 
annual 
reports 
claims 
that 
they 
are 
innovaBve. 
When 
you 
look 
closer 
they 
are 
really 
claiming 
that 
they 
are 
the 
simpler 
and 
faster 
opBon. 
Every 
business 
is 
in 
the 
business 
of 
solving 
problems. 
That 
means 
they 
assess 
and 
make 
very 
important 
decisions. 
Swystun 
CommunicaBons 
surveyed 
3,000 
markeBng 
people 
on 
LinkedIn 
about 
decision-­‐making. 
We 
asked 
three 
quesBons 
and 
1,769 
people 
responded. 
What 
impacts 
the 
quality 
of 
your 
decision-­‐ 
making? 
Pressure 
24% 
Urgency 
19% 
Lack 
of 
Time 
26% 
Team 
Mates 
12% 
Other 
10% 
Inputs 
9% 
4
The 
first 
quesBon, 
what 
impacts 
the 
quality 
of 
your 
decision-­‐making? 
Speed 
related 
issues 
dominated 
the 
responses 
adding 
up 
to 
67%. 
There 
was 
a 
secondary 
story 
in 
the 
responses 
related 
to 
teammates 
or 
colleagues. 
Comments 
indicated 
fricBon 
in 
company 
culture 
and 
the 
organizaBon. 
Colleagues 
would 
oEen 
undermine 
each 
other 
to 
get 
ahead. 
The 
next 
quesBon 
was, 
what 
does 
your 
company 
value 
most 
in 
decision-­‐making? 
Safety 
22% 
Costs 
20% 
Speed 
29% 
Accuracy 
11% 
Other 
9% 
Process 
9% 
What 
does 
your 
company 
value 
most 
in 
decision-­‐ 
making? 
Speed 
is 
a 
significant 
factor 
which 
is 
really 
no 
surprise 
but 
what 
is 
perplexing 
is 
other 
answers 
with 
near 
equal 
weight. 
Safe 
decisions 
and 
accurate 
decisions 
appear 
to 
contradict 
speed. 
It 
is 
as 
if 
the 
respondent’s 
organizaBons 
are 
telling 
these 
markeBng 
folks 
to 
act 
quickly 
but 
don’t 
rock 
the 
boat. 
They 
do 
not 
want 
to 
risk 
too 
much, 
spend 
too 
much 
or 
upset 
the 
company 
process 
of 
decision-­‐making. 
The 
last 
quesBon 
was, 
what 
concerns 
you 
most 
about 
decision-­‐ 
making? 
Impact 
22% 
Buy-­‐in 
19% 
Account 
ability 
23% 
Accuracy 
9% 
Other 
19% 
Recog 
niBon 
9% 
What 
concerns 
you 
most 
about 
decision-­‐ 
making? 
5
People 
were 
very 
concerned 
with 
being 
held 
accountable 
for 
making 
a 
mistake. 
This 
fear 
far 
outweighs 
the 
potenBal 
of 
being 
recognized 
for 
a 
good 
decision. 
One 
respondent 
said 
making 
decisions 
in 
her 
organizaBon 
was 
so 
gut 
wrenching 
as 
to 
provoke 
a 
bowel 
movement. 
This 
is 
where 
that 
secondary 
story 
becomes 
more 
important. 
Internal 
buy-­‐in 
from 
colleagues 
and 
bosses 
is 
as 
much 
a 
factor 
as 
being 
held 
accountable 
for 
a 
decision. 
People 
are 
looking 
for 
input 
and 
support 
but 
frequently 
get 
burned 
by 
poliBcs. 
Decision-­‐making 
is 
scary 
enough 
but 
when 
you 
are 
forced 
to 
do 
it 
fast 
then 
doubts 
and 
fears 
grow. 
This 
doesn’t 
mean 
we 
can 
take 
all 
the 
Bme 
in 
world. 
Tina 
Fey 
wrote 
in 
her 
book, 
Bossypants, 
“You 
can’t 
be 
that 
kid 
standing 
at 
the 
top 
of 
the 
waterslide, 
overthinking 
it. 
You 
have 
to 
go 
down 
the 
chute.” 
I 
am 
the 
least 
Zen 
person 
but 
I 
am 
going 
to 
reference 
a 
Zen 
saying. 
If 
you 
have 
a 
glass 
of 
dirty 
water 
the 
best 
way 
to 
clear 
it 
is 
to 
set 
it 
on 
a 
windowsill 
and 
leave 
it 
alone. 
With 
sBllness 
the 
sediment 
se7les 
to 
the 
bo7om. 
The 
thought 
being 
that 
with 
a 
clear 
vision 
and 
a 
sense 
of 
direcBon 
you 
can 
focus 
your 
energy 
more 
effecBvely, 
be 
more 
producBve 
and 
make 
be7er 
decisions. 
Many 
thinkers 
of 
late 
have 
idenBfied 
this 
paradox 
of 
needing 
to 
slow 
down 
to 
speed 
up. 
There 
is 
proof 
that 
it 
leads 
to 
be7er 
results. 
Be7er 
Results 
The 
Economist 
Intelligence 
Unit 
found 
that 
companies 
that 
chose 
to 
go 
fast 
to 
try 
to 
gain 
an 
edge 
ended 
up 
with 
lower 
sales 
and 
operaBng 
profits 
than 
those 
that 
pracBced 
criBcal 
thinking. 
Firms 
that 
“slowed 
down 
to 
speed 
up” 
improved 
their 
top 
and 
bo7om 
lines 
averaging 
40% 
higher 
sales 
and 
52% 
higher 
operaBng 
profits 
over 
a 
three-­‐year 
period. 
343 
Surveyed 
40% 
Higher 
Sales 
52% 
Higher 
Profits 
6
Neither 
Fast 
or 
Slow 
I 
see 
value 
in 
speed 
but 
it 
is 
not 
about 
speeding 
up 
or 
slowing 
down 
it 
is 
about 
sound 
criBcal 
thinking. 
And 
criBcal 
thinking 
is 
neither 
fast 
or 
slow. 
CriBcal 
thinking 
is 
a 
strategic 
and 
creaBve 
way 
of 
approaching 
a 
problem 
or 
an 
opportunity. 
If 
pracBced 
properly 
the 
soluBon 
and 
decision 
present 
themselves. 
Speed 
will 
always 
be 
a 
variable 
but 
it 
should 
not 
be 
the 
all-­‐consuming 
component. 
A 
be7er 
decision 
produces 
be7er 
returns 
even 
if 
it 
takes 
a 
bit 
longer 
to 
get 
there. 
Yet 
criBcal 
thinking 
can 
also 
move 
you 
along 
faster 
when 
done 
right. 
That 
is 
the 
paradox. 
I 
am 
not 
going 
to 
provide 
a 
trite 
prescripBve 
and 
oversimplified 
process 
instead 
I 
will 
highlight 
four 
key 
components 
of 
criBcal 
thinking 
to 
use 
when 
you 
build 
strategies, 
craE 
markeBng 
plans 
and 
make 
decisions. 
1. 
Be 
open 
to 
insights 
Insights 
are 
delighuully 
jarring. 
Each 
is 
unexpected. 
They 
can 
be 
a 
bit 
threatening 
to 
companies 
who 
are 
programmed 
to 
reject 
surprises. 
Yet 
this 
is 
their 
advantage. 
Coming 
up 
with 
something 
new 
or 
seeing 
something 
fresh 
is 
key 
to 
business 
success. 
You 
cannot 
meet 
to 
have 
an 
insight. 
You 
cannot 
schedule 
an 
insight. 
You 
can 
be 
only 
be 
open 
to 
it. 
So 
much 
of 
the 
poor 
decision-­‐making 
I 
see 
in 
companies 
is 
due 
to 
seemingly 
immovable 
biases. 
Daniel 
Kahneman, 
author 
of 
Thinking, 
Fast 
and 
Slow, 
says 
that 
biases 
can 
make 
us 
blind 
to 
the 
obvious 
and 
even 
blind 
to 
our 
own 
blindness. 
I 
oEen 
wonder 
why 
it 
took 
2,000 
years 
to 
put 
wheels 
on 
our 
luggage. 
The 
concept 
of 
rolling 
luggage 
came 
out 
of 
an 
observaBon 
and 
insight 
in 
1974 
and 
then 
it 
took 
another 
ten 
years 
for 
the 
product 
to 
be 
properly 
commercialized. 
IniBally 
a 
buyer 
at 
Macy’s 
department 
store 
rejected 
the 
idea 
that 
consumers 
would 
want 
to 
pull 
their 
luggage. 
“Anyone can look for fashion in a boutique or history in a museum. 
The creative person looks for history in a hardware store and fashion 
in an airport.” 
Robert Wieder 
7
2. 
Best 
interests 
of 
the 
customer 
One 
component 
of 
criBcal 
thinking 
in 
business 
should 
be 
a 
given 
but 
sadly 
it 
is 
not. 
My 
first, 
greatest, 
and 
ongoing 
disappointment 
with 
the 
business 
world 
is 
the 
magnitude 
and 
frequency 
of 
decisions 
not 
made 
in 
the 
best 
interests 
of 
the 
customer. 
One 
of 
the 
best 
sorBng 
devices 
or 
criteria 
for 
sound 
decision-­‐making 
is 
to 
ask 
how 
it 
will 
impact 
customers. 
I 
was 
taught 
many 
moons 
ago 
that 
if 
you 
were 
in 
markeBng 
you 
were 
to 
be 
a 
passionate 
advocate 
on 
behalf 
of 
the 
customer. 
Yet 
an 
astonishing 
amount 
of 
decision-­‐making 
takes 
place 
without 
this 
advocacy. 
Neulix’s 
abrupt 
price 
changes 
in 
2011 
led 
to 
an 
exodus 
of 
customers. 
Lululemon 
had 
a 
legiBmate 
issue 
with 
its 
sheer 
pants 
yet 
went 
off 
brand 
when 
the 
company 
treated 
it 
so 
seriously 
that 
further 
alienated 
core 
customers. 
Forbes 
named 
the 
launch 
of 
Google 
Glass 
as 
one 
of 
the 
worst 
new 
product 
introducBons 
ever. 
They 
cited 
pricing, 
promoBon, 
distribuBon 
and 
other 
issues 
basically 
indicBng 
it 
on 
all 
4 
of 
the 
4ps. 
Both 
The 
New 
York 
Times 
and 
Fast 
Company 
said 
the 
biggest 
difference 
between 
Apple 
and 
Google 
is 
a 
genius 
for 
markeBng 
and 
that 
means 
Apple 
knows 
and 
advocates 
on 
behalf 
of 
its 
customer. 
I 
recently 
spoke 
at 
an 
innovaBon 
event 
and 
was 
asked 
why 
is 
it 
that 
every 
markeBng 
book 
and 
markeBng 
conference 
menBons 
the 
same 
handful 
of 
companies? 
You 
could 
play 
a 
game 
of 
brand 
bingo 
at 
most 
business 
conferences 
and 
fill 
up 
those 
squares 
with 
menBons 
of 
Apple, 
Amazon, 
Coca-­‐Cola, 
NEST, 
Tim 
Hortons. 
My 
answer 
was 
because 
the 
vast 
majority 
of 
businesses 
in 
the 
world 
are 
mediocre 
at 
best. 
As 
Madelaine 
Albert 
of 
Whole 
Foods 
put 
it, 
“The 
average 
work 
environment 
isn’t 
terrible; 
its 
average. 
And 
consequently, 
so 
is 
everything 
it 
does.” 
Cultures 
that 
limit 
true 
potenBal 
and 
make 
decision-­‐ 
making 
threatening 
lead 
to 
deflated 
and 
dispirited 
employees. 
The 
flipside 
of 
that 
is 
deflated 
and 
dispirited 
employees 
will 
never 
build 
anything 
great. 
8
3. 
Tell 
it 
as 
a 
story 
Marketers 
are 
storytellers. 
I 
have 
found 
that 
framing 
significant 
decisions 
in 
the 
form 
of 
a 
story 
not 
only 
comes 
naturally 
to 
us 
but 
it 
goes 
a 
long 
way 
to 
illuminaBng 
the 
issue, 
entertaining 
those 
involved 
and 
showing 
the 
most 
advantageous 
path. 
Daniel 
Gilbert, 
Professor 
of 
Psychology 
at 
Harvard, 
says 
that 
people 
tend 
to 
overesBmate 
the 
impact 
of 
future 
events. 
We 
overstate 
the 
potenBal 
magnitude 
expecBng 
a 
more 
intense 
and 
enduring 
result 
than 
what 
actually 
occurs. 
This 
can 
paralyze 
or 
throw-­‐off 
decision-­‐making. 
A 
story 
can 
put 
a 
decision 
in 
its 
proper 
context 
with 
a 
richer 
result. 
What 
I 
have 
shared 
so 
far 
shows 
that 
speed 
heightens 
our 
anxiety 
when 
it 
comes 
criBcal 
thinking 
and 
decision-­‐ 
making. 
It 
also 
creates 
unfair 
and 
arBficial 
expectaBons 
when 
we 
finally 
get 
around 
to 
selecBng 
A 
or 
B 
or 
C. 
4. 
Stop 
Seeking 
Perfec=on 
The 
final 
consideraBon 
for 
criBcal 
thinking 
is 
to 
stop 
seeking 
perfecBon. 
We 
are 
all 
smart 
and 
well-­‐intenBoned 
and 
we 
are 
all 
human. 
We 
are 
going 
to 
make 
mistakes. 
Whatever 
amount 
of 
energy 
we 
spend 
obsessing 
about 
potenBal 
outcomes, 
missteps 
we 
have 
made, 
decisions 
that 
do 
not 
go 
our 
way 
is 
energy 
no 
longer 
available 
to 
add 
value 
to 
our 
business. 
Neulix 
corrected 
its 
pricing 
approach 
and 
recently 
introduced 
a 
smart, 
measured 
and 
well 
thought-­‐out 
price 
increase. 
Lululemon 
eventually 
added 
extra 
material 
to 
those 
sheer 
pants 
and 
sold 
them 
at 
$92 
a 
pair. 
Google’s 
Glass 
announced 
a 
partnership 
with 
Italian 
eyewear 
company 
Luxopca 
to 
embed 
the 
technology 
in 
the 
Ray-­‐ 
Ban 
and 
Oakley 
brands 
in 
hope 
that 
people 
will 
gravitate 
to 
be7er 
looking 
frames. 
“Great stories happen 
to those that can 
tell them.” 
Ira Glass 
“Perfection is not attainable, but 
if we chase perfection we can 
catch excellence.” 
Vince Lombardi 
9
There 
are 
risks 
and 
trade-­‐offs 
in 
making 
decisions 
in 
an 
ever-­‐acceleraBng 
world. 
OEen 
we 
are 
forced 
to 
move 
fast 
regardless 
of 
a 
desire 
to 
be 
more 
deliberate 
and 
measured. 
I 
only 
cauBon 
you 
never 
to 
use 
speed 
as 
an 
excuse 
for 
avoiding 
the 
criBcal 
thinking 
that 
produces 
winning 
strategies. 
With 
speed 
and 
the 
frenzy 
of 
acBvity 
that 
goes 
with 
it 
we 
may 
sacrifice 
our 
brand’s 
reputaBon, 
the 
quality 
of 
our 
products 
and 
services, 
our 
company’s 
performance. 
We 
may 
lose 
our 
relevance. 
With 
creaBve 
criBcal 
thinking 
we 
can 
take 
our 
business 
to 
a 
new 
place 
because 
we 
remove 
the 
fear 
and 
biases 
in 
our 
own 
decision-­‐making 
and 
our 
company’s 
culture. 
Back 
to 
TED 
TED 
announced 
that 
their 
18 
minute 
limit 
for 
speakers 
could 
be 
reduced 
to 
12 
or 
even 
9 
minutes. 
Pundits 
will 
criBcize 
this 
move 
as 
the 
further 
dummying 
down 
of 
complex 
ideas 
and 
they 
may 
be 
right. 
Benjamin 
Bra7on 
that 
professor 
who 
took 
to 
a 
TEDx 
stage 
to 
beat 
up 
on 
TED 
wrapped 
up 
his 
talk 
with 
this 
thought, 
“As 
for 
one 
simple 
take 
away 
... 
I 
don't 
have 
one 
simple 
take 
away, 
one 
magic 
idea. 
That's 
kind 
of 
the 
point.” 
It 
is 
not 
about 
speed. 
It 
is 
about 
be7er. 
I 
do 
have 
one 
take 
away 
but 
it 
is 
far 
from 
simple. 
That’s 
my 
point. 
Behind 
every 
concept, 
every 
idea, 
every 
challenge 
there 
is 
complexity. 
We 
lose 
the 
magic 
every 
Bme 
we 
a7empt 
to 
over 
simplify. 
Alfred 
North 
Whitehead, 
the 
mathemaBcian 
and 
philosopher, 
suggested 
the 
pursuit 
of 
simplicity 
was 
noble 
but 
it 
should 
be 
distrusted. 
Whitehead 
feared 
that 
we 
would 
make 
big 
mistakes 
by 
dismissing 
or 
glossing 
over 
the 
intricate 
and 
not 
easily 
explained. 
So 
my 
take 
away 
for 
you 
is 
short 
and 
sweet. 
I 
ask 
that 
you 
do 
not 
make 
decisions 
swiEly 
but 
once 
you 
make 
that 
decision 
then 
act 
swiEly. 
9 
Jeff 
Swystun 
President 
and 
Chief 
MarkeBng 
Officer 
416.471.4655
Speed Kills: The Return to Critical Thinking

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Speed Kills: The Return to Critical Thinking

  • 1. Speed Kills: A Return to Critical Thinking The most important thing about a point of view is to have one.
  • 2. I started a7ending business conferences nearly twenty five years ago thanks to employers like Deloi7e & Touche and Price Waterhouse. EnthusiasBcally I went to learn (the free lunches were cool too). I remember the themes and topics were very specific and tangible back then. When I started to speak at events a few years later it was for never less than an hour and oEen speaking slots were ninety minutes. Conferences were mini-­‐MBAs. Involved, complex case studies were the norm and popular. Conferences have evolved in style and content. When a colleague found out I was presenBng at the Canadian MarkeBng AssociaBon’s NaBonal ConvenBon she asked if I was going to deliver it TED Talks-­‐style. I had not thought about it that way. I have spoken at many events and have had only one enduring rule of thumb. That is, present what you would like to hear. Much like the axiom in publishing that goes ‘write the book you want to read’. I was familiar with TED. I knew the talks were slick, brief and premised on storytelling but I decided to dig a li7le deeper into their format. I came across a fascinaBng debate concerning the value and efficacy of TED. The organizaBon is a bigger machine than I realized. TED was founded thirty years ago as a progressive conference and has expanded exponenBally thanks to its different TEDGlobal and TEDx events, online videos, a publishing division and the TED radio hour. TED holds over 1,000 events a year and more than 1,700 TED talks are available free online. An army of volunteers translates each one into 104 different languages. By January 2009, these had been viewed 50 million Bmes. In 2011, that number reached 500 million. Views have now surpassed two billion. 2
  • 3. Ideas Worth Spreading indeed. The pace of consumpBon of TED content is acceleraBng and I am a fan. Chris Anderson, curator of TED, wrote a piece in Harvard Business Review last year called Giving a Killer Presenta5on. I wrote a le7er to the editor in support of what Chris emphasized and the le7er was published in the magazine. InfluenBal organizaBons oEen draw criBcism and TED is no excepBon. TED conferences are seen to be eliBst given the substanBal price tag to a7end and organizers have been accused of picking only popular and less controversial topics. The most fascinaBng and consistently leveled criBcism is TED demands narraBve elegance over substance and rigorous analysis. The Huffington Post wrote that “Every slide, every sentence, has been rehearsed and revised to such a point that no room is leE over for spontaneity and wit.” The New York Times reported, “The process of preparing a speaker is painstaking. Mr. Anderson and his team work for months with presenters.” You really know you are onto something when someone parodies you. In 2012, the saBrical newsmagazine, The Onion, began Onion Talks.The parody presentaBons included Ducks Go Quack, Chickens Say Cluck, What is the Biggest Rock?, Using Social Media To Cover For Lack Of Original Thought, Compost-­‐ Fueled Cars: Wouldn't That Be Great?, and A Future Where All Robots have Penises. Then late last year, this should come as no surprise, a TEDx speaker used the forum itself to bash TED. TEDx’s are locally licensed conferences and this one took place in San Diego. Benjamin Bra7on, a visual art professor at the University of California said that instead of promoBng his own ideas or a book that he instead wanted to address "TED itself, what it is and why it doesn't work." He told the audience that the TED process simplifies difficult topics so lay people can understand them and that presenter likability outshines the ideas themselves, "making our best and brightest waste their Bme—and the audience's Bme—dancing like infomercial hosts.” Bra7on himself seems to know a good sound bite as he called TED, “Middlebrow Megachurch Infotainment”. 3
  • 4. Making a Decision I share it is because I love the debate. I enjoy looking at issues from different views and angles. TED under the microscope speaks to an ever acceleraBng cycle of change. TED changed how ideas were shared by quesBoning the long accepted conference model. Now the TED model is being tested. This leads to the subject of speed and criBcal thinking. Implied in criBcal thinking is the ability to make a decision. So ask yourself, how do you make a decision? Highly raBonal people may be saying, “Well I consider the informaBon available to me, weigh the respecBve pros and cons, judge the potenBal impacts and arrive at the best possible outcome.” But do you really? Others may be chuckling while thinking of their own personal irraBonality when it comes to making a decision. While more sBll are probably admipng that they never really thought much about it. We all just do it. The most honest answer to how we make decisions is it depends. We make decisions differently based on our experiences, background and biases we develop. We are also influenced by context. The very pressure to make a decision effects how we decide. The fact that we missed our morning coffee can throw us off. A fight with our spouse can distract us. A jerk at work gets under our skin and disrupts us. So much goes into even the most basic decision. Increasingly we are confronted with speed as a big factor that impacts the manner and quality of our decisions. I will concede the world and business move faster now. You only have to read two or three of the over three hundred books published on speed in the last few years or the scores of blogs and arBcles to buy into that. These writers argue that speed is a compeBBve advantage in business and advocate we should move ever faster. I am not wriBng about faster decisions or slower decisions. I am sharing the creaBng condiBons for making be7er decisions by pupng speed in context. Something happened in the last ten to fiEeen years. “Speed” itself became a business buzzword. Faster is now clearly associated with be7er and that is some of the most flawed thinking of recent Bmes. There are two reasons for this. The first takes place in our daily lives. Sheena Iyengar of Columbia University and author of The Art of Choosing found that we make an average of 70 decisions each day. They range from the mundane such as ‘what should I wear today?’ to bigger bets like ‘what would happen if we doubled our media spend?’ Decisions are done on autopilot and some nearly paralyze in their importance and complexity. In the past ten to fiEeen years, “speed” became a business buzzword. 3
  • 5. Think of your mind as an assembly line. It has been set up to process informaBon and make decisions at a manageable speed and generally it does so well. Now imagine if that producBon line was doubled in speed. What happens? You end up with poorer quality decisions in every meaning of that word. It can even lead to breakage or shut down. According to a 2013 IBM study of 1,500 chief execuBves, complexity and speed were the biggest issues facing their companies. The interesBng thing is how businesses react to them. First, we try to address complexity by oversimplifying. Everything today is a tagline, a thirty-­‐second elevator pitch or a top-­‐ten list. We are spoon fed soluBons. Every book is a how-­‐to. Newspapers are dumbed down. We converse in abrupt text and tweets. So much of our current work is spent embracing client complexity and creaBng rich brand stories and markeBng campaigns for them. I advocate celebraBng complexity not tearing it down to the point of irrelevance. The second way we have reacted to speed and complexity is by pupng ourselves on a treadmill to oblivion by matching speed with even more speed. The result is we have confused simple and faster with be7er. Further we now have the gall to suggest that simple and faster is the only form of innovaBon. Every businesses’ website, markeBng pieces, ads, annual reports claims that they are innovaBve. When you look closer they are really claiming that they are the simpler and faster opBon. Every business is in the business of solving problems. That means they assess and make very important decisions. Swystun CommunicaBons surveyed 3,000 markeBng people on LinkedIn about decision-­‐making. We asked three quesBons and 1,769 people responded. What impacts the quality of your decision-­‐ making? Pressure 24% Urgency 19% Lack of Time 26% Team Mates 12% Other 10% Inputs 9% 4
  • 6. The first quesBon, what impacts the quality of your decision-­‐making? Speed related issues dominated the responses adding up to 67%. There was a secondary story in the responses related to teammates or colleagues. Comments indicated fricBon in company culture and the organizaBon. Colleagues would oEen undermine each other to get ahead. The next quesBon was, what does your company value most in decision-­‐making? Safety 22% Costs 20% Speed 29% Accuracy 11% Other 9% Process 9% What does your company value most in decision-­‐ making? Speed is a significant factor which is really no surprise but what is perplexing is other answers with near equal weight. Safe decisions and accurate decisions appear to contradict speed. It is as if the respondent’s organizaBons are telling these markeBng folks to act quickly but don’t rock the boat. They do not want to risk too much, spend too much or upset the company process of decision-­‐making. The last quesBon was, what concerns you most about decision-­‐ making? Impact 22% Buy-­‐in 19% Account ability 23% Accuracy 9% Other 19% Recog niBon 9% What concerns you most about decision-­‐ making? 5
  • 7. People were very concerned with being held accountable for making a mistake. This fear far outweighs the potenBal of being recognized for a good decision. One respondent said making decisions in her organizaBon was so gut wrenching as to provoke a bowel movement. This is where that secondary story becomes more important. Internal buy-­‐in from colleagues and bosses is as much a factor as being held accountable for a decision. People are looking for input and support but frequently get burned by poliBcs. Decision-­‐making is scary enough but when you are forced to do it fast then doubts and fears grow. This doesn’t mean we can take all the Bme in world. Tina Fey wrote in her book, Bossypants, “You can’t be that kid standing at the top of the waterslide, overthinking it. You have to go down the chute.” I am the least Zen person but I am going to reference a Zen saying. If you have a glass of dirty water the best way to clear it is to set it on a windowsill and leave it alone. With sBllness the sediment se7les to the bo7om. The thought being that with a clear vision and a sense of direcBon you can focus your energy more effecBvely, be more producBve and make be7er decisions. Many thinkers of late have idenBfied this paradox of needing to slow down to speed up. There is proof that it leads to be7er results. Be7er Results The Economist Intelligence Unit found that companies that chose to go fast to try to gain an edge ended up with lower sales and operaBng profits than those that pracBced criBcal thinking. Firms that “slowed down to speed up” improved their top and bo7om lines averaging 40% higher sales and 52% higher operaBng profits over a three-­‐year period. 343 Surveyed 40% Higher Sales 52% Higher Profits 6
  • 8. Neither Fast or Slow I see value in speed but it is not about speeding up or slowing down it is about sound criBcal thinking. And criBcal thinking is neither fast or slow. CriBcal thinking is a strategic and creaBve way of approaching a problem or an opportunity. If pracBced properly the soluBon and decision present themselves. Speed will always be a variable but it should not be the all-­‐consuming component. A be7er decision produces be7er returns even if it takes a bit longer to get there. Yet criBcal thinking can also move you along faster when done right. That is the paradox. I am not going to provide a trite prescripBve and oversimplified process instead I will highlight four key components of criBcal thinking to use when you build strategies, craE markeBng plans and make decisions. 1. Be open to insights Insights are delighuully jarring. Each is unexpected. They can be a bit threatening to companies who are programmed to reject surprises. Yet this is their advantage. Coming up with something new or seeing something fresh is key to business success. You cannot meet to have an insight. You cannot schedule an insight. You can be only be open to it. So much of the poor decision-­‐making I see in companies is due to seemingly immovable biases. Daniel Kahneman, author of Thinking, Fast and Slow, says that biases can make us blind to the obvious and even blind to our own blindness. I oEen wonder why it took 2,000 years to put wheels on our luggage. The concept of rolling luggage came out of an observaBon and insight in 1974 and then it took another ten years for the product to be properly commercialized. IniBally a buyer at Macy’s department store rejected the idea that consumers would want to pull their luggage. “Anyone can look for fashion in a boutique or history in a museum. The creative person looks for history in a hardware store and fashion in an airport.” Robert Wieder 7
  • 9. 2. Best interests of the customer One component of criBcal thinking in business should be a given but sadly it is not. My first, greatest, and ongoing disappointment with the business world is the magnitude and frequency of decisions not made in the best interests of the customer. One of the best sorBng devices or criteria for sound decision-­‐making is to ask how it will impact customers. I was taught many moons ago that if you were in markeBng you were to be a passionate advocate on behalf of the customer. Yet an astonishing amount of decision-­‐making takes place without this advocacy. Neulix’s abrupt price changes in 2011 led to an exodus of customers. Lululemon had a legiBmate issue with its sheer pants yet went off brand when the company treated it so seriously that further alienated core customers. Forbes named the launch of Google Glass as one of the worst new product introducBons ever. They cited pricing, promoBon, distribuBon and other issues basically indicBng it on all 4 of the 4ps. Both The New York Times and Fast Company said the biggest difference between Apple and Google is a genius for markeBng and that means Apple knows and advocates on behalf of its customer. I recently spoke at an innovaBon event and was asked why is it that every markeBng book and markeBng conference menBons the same handful of companies? You could play a game of brand bingo at most business conferences and fill up those squares with menBons of Apple, Amazon, Coca-­‐Cola, NEST, Tim Hortons. My answer was because the vast majority of businesses in the world are mediocre at best. As Madelaine Albert of Whole Foods put it, “The average work environment isn’t terrible; its average. And consequently, so is everything it does.” Cultures that limit true potenBal and make decision-­‐ making threatening lead to deflated and dispirited employees. The flipside of that is deflated and dispirited employees will never build anything great. 8
  • 10. 3. Tell it as a story Marketers are storytellers. I have found that framing significant decisions in the form of a story not only comes naturally to us but it goes a long way to illuminaBng the issue, entertaining those involved and showing the most advantageous path. Daniel Gilbert, Professor of Psychology at Harvard, says that people tend to overesBmate the impact of future events. We overstate the potenBal magnitude expecBng a more intense and enduring result than what actually occurs. This can paralyze or throw-­‐off decision-­‐making. A story can put a decision in its proper context with a richer result. What I have shared so far shows that speed heightens our anxiety when it comes criBcal thinking and decision-­‐ making. It also creates unfair and arBficial expectaBons when we finally get around to selecBng A or B or C. 4. Stop Seeking Perfec=on The final consideraBon for criBcal thinking is to stop seeking perfecBon. We are all smart and well-­‐intenBoned and we are all human. We are going to make mistakes. Whatever amount of energy we spend obsessing about potenBal outcomes, missteps we have made, decisions that do not go our way is energy no longer available to add value to our business. Neulix corrected its pricing approach and recently introduced a smart, measured and well thought-­‐out price increase. Lululemon eventually added extra material to those sheer pants and sold them at $92 a pair. Google’s Glass announced a partnership with Italian eyewear company Luxopca to embed the technology in the Ray-­‐ Ban and Oakley brands in hope that people will gravitate to be7er looking frames. “Great stories happen to those that can tell them.” Ira Glass “Perfection is not attainable, but if we chase perfection we can catch excellence.” Vince Lombardi 9
  • 11. There are risks and trade-­‐offs in making decisions in an ever-­‐acceleraBng world. OEen we are forced to move fast regardless of a desire to be more deliberate and measured. I only cauBon you never to use speed as an excuse for avoiding the criBcal thinking that produces winning strategies. With speed and the frenzy of acBvity that goes with it we may sacrifice our brand’s reputaBon, the quality of our products and services, our company’s performance. We may lose our relevance. With creaBve criBcal thinking we can take our business to a new place because we remove the fear and biases in our own decision-­‐making and our company’s culture. Back to TED TED announced that their 18 minute limit for speakers could be reduced to 12 or even 9 minutes. Pundits will criBcize this move as the further dummying down of complex ideas and they may be right. Benjamin Bra7on that professor who took to a TEDx stage to beat up on TED wrapped up his talk with this thought, “As for one simple take away ... I don't have one simple take away, one magic idea. That's kind of the point.” It is not about speed. It is about be7er. I do have one take away but it is far from simple. That’s my point. Behind every concept, every idea, every challenge there is complexity. We lose the magic every Bme we a7empt to over simplify. Alfred North Whitehead, the mathemaBcian and philosopher, suggested the pursuit of simplicity was noble but it should be distrusted. Whitehead feared that we would make big mistakes by dismissing or glossing over the intricate and not easily explained. So my take away for you is short and sweet. I ask that you do not make decisions swiEly but once you make that decision then act swiEly. 9 Jeff Swystun President and Chief MarkeBng Officer 416.471.4655