Monthly Archives: July 2013

Actionability

Rational decision-making is an important and priced skill. Many great business leaders from Jack Welch to Steve Jobs have talked a great deal about making decisions from the gut. It is important to make decisions that feel right and are actionable to bear some results. More often than not, people make good decision when they have evidence generated from in-depth research to support the rational behind it. 

I believe the most important thing in making right decisions, whether it is made from the gut or based on good research, is the confidence and conviction to execute on it. Data is a great confidence builder. It is tangible. When analyzed in an unbiased fashion, it doesn’t lie. And when used in the right way, it helps us make the right decisions and put things in motion. 

There is no shortage of data out there. Digital connectivity and accessibility has provided us with rich quality big data. Big data can act like an unparalleled resource to provide insights leading to good decisions and actionable plans.

One of the core principles of MavenMagnet is to provide insights that are actionable. It is important for us to make our research findings crisp, easy to interpret and actionable for our clients. There are services out there that will dump tons of data in a really cool looking user interface. But that won’t provide you the gist of information without spending days, if not months, figuring it out. Our core idea is to do the heavy lifting with the help of our technology so that what you receive is something that you can directly put to use in your business, make rational decisions and take swift actions.

Who’s invincible?

The biggest sign of over confidence is to think and believe that you are invincible, and it is well-known that the road to downfall starts at the home of over confidence.

Sport stars play a good case study when it comes to the topic of invincibility. History books are full of sportsmen who were once upon a time big stars in their fields but were displaced from their place of authority by new faces way before they have used their full potential because they were lost in the belief of being invincible.

Same is true in the field of business and product development. Products become obsolete as soon as the developers start believing that their creation is invincible. You got to be on top of where your industry is going. You got to have a vision of what your customers will embrace next, because if you don’t there is someone out there doing exactly that while you are swimming in the pool of invincibility.

So who is invincible? The one who keeps re-innovating, changing, adapting and getting better. The one who continuously focuses on what’s next.