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Active Waiting Revisited: Learning from Lions C. W. Von Bergen & Martin S. Bressler Southeastern Oklahoma State University Durant, OK

Active Waiting Revisited : Learning from Lions

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Active Waiting Revisited : Learning from Lions. C. W. Von Bergen & Martin S. Bressler Southeastern Oklahoma State University Durant, OK. - PowerPoint PPT Presentation

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Page 1: Active  Waiting Revisited : Learning  from Lions

Active Waiting Revisited:Learning from Lions

C. W. Von Bergen & Martin S. Bressler

Southeastern Oklahoma State UniversityDurant, OK

Page 2: Active  Waiting Revisited : Learning  from Lions

“Every morning in Africa, a gazelle wakes up. It knows it must run faster than the fastest lion or it will be killed. Every morning a lion

wakes up. It knows it must outrun the slowest gazelle or it will starve to death. It doesn’t matter whether you are a lion or a

gazelle. When the sun comes up, you better start running” (Friedman, 2005, p. 114).

Page 3: Active  Waiting Revisited : Learning  from Lions

Emphasis on Action—Speedy Action

• The quickest, swiftest, and fastest live another day• Fast action enables firms to thrive and flourish• A bias for action: “Ready, fire, aim” (Peters &

Waterman in In Search for Excellence)• Taking initiative• Being proactive• Making things happen• Paralysis of analysis• Procrastination

Page 4: Active  Waiting Revisited : Learning  from Lions

Procrastination

• Today the term has disparaging connotations– Stalling– Putting off– Postponement

• Until the industrial revolution the term implied– Informed delay–Wisely chosen restraint– A sophisticated, astute decision when not to act

Page 5: Active  Waiting Revisited : Learning  from Lions

Learning from (Wise) Lions• Lions must be smart in running• Inexperienced young lions that reflexively

chase targets suffer many failed hunts. • The more successful hunters carefully scan

the horizon and wait with patience and focused attention for the right circumstances to arise—and then act.

• It is not so much the lion’s speed—nor its sheer size and strength alone or else we would still be seeing saber-toothed tigers and woolly mammoths—but its cleverness that is the key to its survival.

• Even if they are hungry, wise lions will pass on a meal rather than risk a reckless attack.

Page 6: Active  Waiting Revisited : Learning  from Lions

Managerial Unproductive Busyness and Activity

• Addressing trivial operational issues• Limit their search and consider too few options• Pay too little attention to people who are affected by

a decision• Fear being seen as indecisive, so they make quick

decisions• Immediate action makes managers seem to be on top

of things• Avoid participation because it takes too much time

Page 7: Active  Waiting Revisited : Learning  from Lions

This leads to …Cultures of frenzy and

unreflected activity that seem to dominate many organizations

Page 8: Active  Waiting Revisited : Learning  from Lions

Active Waiting

• A process in which individuals intentionally hold back from impetuously diving into making irreversible commitments of resources.

• Less a matter of time management but of emotional management

• Pausing reflectively and purposely; occurs in the space between stopping to recognize symptoms and prescribing a treatment

Page 9: Active  Waiting Revisited : Learning  from Lions

Two Cognitive Modes of Thinking

Automatic Thinking• Uncontrolled• Effortless• Instinctive • Intuitive • Fast• Unconscious

Reflective Thinking• Controlled• Effortful• Deliberate• Rational • Slow• Self-aware

Page 10: Active  Waiting Revisited : Learning  from Lions

Implementing Active Waiting

• Be doubtful• Generate alternatives• Assess alternatives• Be flexible• Implement slowly• Take action

Page 11: Active  Waiting Revisited : Learning  from Lions

Be Doubtful

• Doubt is creative because it allows for alternative ways to see the world• Uncertainty helps to slow us down• “Some self-doubt abut one’s performance

efficacy provides incentives to acquire the knowledge and skills needed to master challenges” (Bandura & Locke, 2003, p. 96)

Page 12: Active  Waiting Revisited : Learning  from Lions

Generate Alternatives

Page 13: Active  Waiting Revisited : Learning  from Lions

Assess Alternatives

• Legality• Ethicalness• Economic feasibility• Practicality

Page 14: Active  Waiting Revisited : Learning  from Lions

Be Flexible

Page 15: Active  Waiting Revisited : Learning  from Lions

Implement SlowlyIn martial arts there is a saying:

“You have to go slow to go fast.”

Page 16: Active  Waiting Revisited : Learning  from Lions

Take Action

Page 17: Active  Waiting Revisited : Learning  from Lions

Conclusion“I insist on a lot of time being spent, almost every day, to just sit and think. That is very uncommon in American business. I read and think. So I do more reading and thinking, and make less impulse decisions than most people in business.”—Warren Buffet