Nice book for the ones who are interested in Tech ... Worth reading
LEAN MIND SET: TAKE AWAYS
• There is nothing quite so useless as doing with great efficiency something that should not be done at all
• If you treat workers well, they will treat customers well, and customers will reward the company with their business
• Great products are designed by teams that are able to empathize with customers, ask the right questions, identify critical problems, examine multiple possibilities, and then develop products and services that delight customers
• The purpose of business is to create a customer—to discover a customer need and find a way to satisfy that need
• profits that come from delivering more products that customers value are better than profits that come from cutting costs
• Peer pressure is much more effective than a concept of a boss. Many, many times more powerful
• Customers never buy a product; they buy the satisfaction of a want
Actionable Goals:
• 1. Understand needs.
• 2. Identify knowledge gaps and propose multiple plans for closing them.
• 3. Establish at least one feasible approach.
• 4. Pick the best solution from a system perspective.
• 5. Get the solution working
Expertise:
• 1. Decide to pursue a challenging goal
• 2. Practice under the guidance of a coach
• 3. Push their limits, fail, and receive immediate feedback
• 4. Repeat this over and over again, many times a day, for years
Expertise = Challenge + Coaching + Progress + Perseverance
• Expectancy Value Theory, which says that when pursuing promotion-focused goals, motivation is a function of the likelihood of success (expectancy) and the size of the gain (value)
• For complex, urgent, threatening situations it is much safer to teach people how to recover from mistakes than to focus on making sure that they never make a mistake in the first place
Companies that pursue resiliency through failure injection have come to understand two basic facts:
• Perfection is impossible in a complex system at scale. No matter how low the probability of a failure is, the number of transactions is so large that the only real question is when, not if, a failure will happen.
• It is a lot less expensive to develop the expertise to recover quickly and safely from failure than it is to pretend that failure will not happen.
• The best way to be productive is to be sure first of all that you are doing the right thing. Every bit of time spent “productively” doing the wrong thing is wasted time.
• “If you never fail, you are not trying hard enough,”