Simplicity and the Wisdom of CEOs

Regular readers of this blog know that simplicity is a theme I pound like a nail that refuses to move through the lumber.

This is for good reason. My argument that simplicity delivers the greatest payload in all forms of communication just got a substantial boost from Adam Bryant’s new book The Corner Office: Indispensable and Unexpected Lessons from CEOs on How to Lead and Succeed. Bryant, author The New York Times’ weekly Corner Office column, interviewed more than 70 chief executives and other leaders for the book. What emerged was “five essentials for success – qualities that most of those CEOs share and look for in people they hire.”

I was pleased, though not surprised, to find that one of the five is a simple mindset.

As Bryant reports, this is not a theory, it comes from decades of collective experience of top executives who have learned firsthand what it takes to succeed. You can read the full New York Times’ article by clicking here.

The following are excerpts from The Corner Office’s chapter about the importance of applying a simple mindset.

There is a stubborn disconnect in many companies. Most senior executives want the same thing from people who present to them: be concise, get to the point, make it simple. Yet few people can deliver the simplicity that many bosses want. Instead, they mistakenly assume that the bosses will be impressed by a long PowerPoint presentation that shows how diligently they researched a topic, or that they will win over their superiors by talking more, not less.

Few things seem to get CEOs riled up more than lengthy PowerPoint presentations. It’s not the software they dislike; that’s just a tool. What irks them is the unfocused thinking that leads to an overlong slide presentation. There is wide agreement it’s a problem: “death by PowerPoint” has become a cliché.

If so many executives in positions of authority are clear about what they want, why can’t they get the people who report to them to lose the “Power” part of their presentations and simply get to the “Point”?

There are a few likely explanations. A lot of people have trouble being concise. Next time you’re in a meeting, ask somebody to give you the 10-word summary of his or her idea. Some people can do a quick bit of mental jujitsu, and they’ll summarize an idea with a “Here’s what’s important ...” or “The bottom line is…” Others will have trouble identifying the core point.

Another possible explanation is that a lag exists in the business world. There was a time when simply having certain information was a competitive advantage. Now, in the internet era, most people have easy access to the same information. That puts a greater premium on the ability to synthesize, to connect dots in new ways and to ask simple, smart questions that lead to untapped opportunities.

“I’d love to teach a course called ‘The Idea,’ ” said Dany Levy, the founder of DailyCandy.com. “Which is, basically, so you want to start a company, how’s it going to work? Let’s figure it out: just a very practical plan, but not a business plan, because I feel like business plans now feel weighty and outdated. It seems, back in the day, that the longer your business plan was, the more promising it was going to be. And now, the shorter your business plan is, the more succinct and to the point it is, the better. You want people to get why your business is going to work pretty quickly.”

Steven A. Ballmer, the CEO of Microsoft, said he understood the impulse in presentations to share all the underlying research that led to a conclusion. But he changed the way he runs meetings to get to the conclusion first.

“The mode of Microsoft meetings used to be: You come with something we haven’t seen in a slide deck or presentation,” he said. “You deliver the presentation. You probably take what I will call ‘the long and winding road.’ You take the listener through your path of discovery and exploration, and you arrive at a conclusion.

“I decided that’s not what I want to do anymore. I don’t think it’s efficient. So most meetings nowadays, you send me the materials and I read them in advance. And I can come in and say: ‘I’ve got the following four questions. Please don’t present the deck.’ That lets us go, whether they’ve organized it that way or not, to their recommendation. And if I have questions about the long and winding road and the data and the supporting evidence, I can ask them. But it gives us greater focus.”

Focus. Brevity. Efficiency. Pretty simple (though elusive) advice.

Comments

Time is a commodity that is limited. Keep it simple smarty… Very true post

caroline gerardo | April 19, 2011  5:59 AM
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