Introduction
Welcome to The ContraMind Code.
The ContraMind Code provides you with a system of principles, signals, and ideas to aid you in your pursuit of excellence.
The newsletter shares the source code through quick snapshots for a systems thinking approach to be the best in what you do.
The Code helps you reboot and reimagine your thinking by learning from the best. It also enables you to draw a blueprint for what it takes to get extraordinary things done. You can share your valuable thoughts and comments and start a conversation here.
Take a journey to www.contraminds.com. Listen and watch some great minds talking to us about their journey of discovery of what went into making them craftsmen of their profession, to drive peak performance.
In Uncertain Times, Get Curious.
We live in a time of high uncertainty. It could be about how AI will transform or is already transforming what you are doing, tariffs that may affect how goods and services flow across different countries, which can affect the industry or company you are working for, etc. So, how can we manage and overcome these uncertain times? This article in Behavioural Scientist has some powerful thoughts for you to consider, which are excerpts taken from a book, ‘How to fall in love with questions?’ by Elizabeth Weingarten.
Here are some thoughts from the article on what it means to get curious during uncertain times:
“Curiosity is more than a feeling and certainly more than an act. And curiosity is always more than a single move or a single question.”
“Curiosity works by linking ideas, facts, perceptions, sensations and data points together.”
“Asking questions opens up different possibilities. If someone can be curious, they are less likely to narrow in on one idea that could be generating that feeling of stuckness, or apprehension about the future.”
Practice ‘Temporal Distancing’ - “Imagining how a past or future version of ourselves would handle a particular challenge, we can gain more perspective on our big questions today.”
Read the entire article here.
A Lesson On Balancing Scalability With Stability.
This HBR on Strategy podcast presents a refreshing perspective on why it is vital to balance a business's scalability with stability. A Bain & Co. analysis reveals some interesting facts “Under 1% of unicorns are profiting at scale with true business success despite $1 billion-plus valuations.”
There is always a lot of discussion about how a business must be scalable, and there is a lot of chatter around scalability today. There are relatively few discussions around stability and why stability is as important, both in the short term and long term, for a business.
When decisions about stability are to be made, there may be a need to compromise on near-term revenue growth over significant investments that may be needed, as this may only yield results over the long term.
Hence, business leaders' ability to make these tough decisions differentiates how great businesses are built and valued over the long term. Business leaders need the skills to influence their board despite pressure from them, yet they must stay focused to avoid the unwanted noise that can be created when decisions on stability prevail over scalability.
You can also listen to this episode on:
Jony Ive And Sam Altman - Reimagining The Use Of Computers In The Age Of AI.
OpenAI announced the acquisition of Jony Ive’s start-up firm io. Jony is world-famous for his contributions to the design of the original iPhone and other flagship Apple products. Jony founded LoveFrom, a creative collective that includes architects, industrial designers, motion designers, musicians, writers, etc. This acquisition marks the much-awaited entry of OpenAI into hardware devices.
In their own words, both of them are asking, “What is the future of AI and new kinds of computers going to look like?”
Their mission is “figuring out how to create a family of devices that would let people use AI to create all sorts of wonderful things.”
They are reimagining what these devices can look like, unlike what we see around us today, and they are saying, “Surely there's something beyond these legacy products.”
Let’s wait to see what the future of computers/mobiles will look like!
You can click on the above video and watch it.
The Fine Art Of Balancing Scalability And Stability.
What’s more important for a business - scalability or stability? This is always the million-dollar question in the minds of business leaders, startup founders, and entrepreneurs because there is no correct answer to this question.
Many factors act as a bottleneck or challenge in scaling a business. One of the most critical factors is the quality of the operational process. Scaling often fails when there is too much focus on ‘operational efficiency’ before developing ‘operational depth’. Operational efficiency usually focuses on cost reduction, margin improvement, streamlining processes and workflows, focusing on productivity and performance metrics, automation, etc. However, achieving operational efficiency can be superficial if businesses don’t build operational depth. Operational depth includes domain expertise, institutional knowledge, having diverse capabilities to handle complex and unpredictable operations, well-developed SOPs(Standard Operating Procedures), etc. Operational depth is all about the robustness of capabilities, processes and expertise. It includes the foundations of knowledge, expertise and systems that can handle scale. In the excitement to scale, many businesses compromise ‘operational depth’ over ‘operational efficiency’ as building operational depth seems ‘slow on the outside’. It also leaves leaders, entrepreneurs and startup founders with a feeling that things are not moving fast enough. Hence, they quickly switch to focus on ‘operational efficiency’, which gives them an adrenaline rush and a feeling that things are moving fast, while the fundamental foundations are weak. They need to recognize that ‘operational depth’ takes time to set in, and they need to possess a relentless focus and patience to get this right.
Conversely, ‘too much stability’ is also not good for any business. A stability-driven approach makes a company or a business or a startup ‘less adaptable’ to changing market conditions, and it loses sight of opportunities that come its way. Business leaders in such companies build an ‘illusion of stability’ while, in reality, the market conditions and trends will be changing underneath their noses. It also tends to discourage innovation, leading to a status quo or stagnation in their business. In reality, no market opportunity is insulated, and market access is not guaranteed for life. Also, the boundaries between industries are disappearing fast. Therefore, the need to push at the frontend is vital. The hard truth is that no business or people running it can be perfectly ready for an aggressive push for growth. However, rapid, mindless expansion is also detrimental to a business. The best analogy to explain this is ‘If you try to eat more than you can digest, it often leads to a disaster in your health or unforeseen diseases and complications.’ So, too is the case with businesses. You need to prepare businesses to ‘digest’ growth effectively. In parallel, you will need to prepare enterprises continuously for innovation, growth, and expansion.
When scalability is fused intelligently with a sense of substantial ‘operational depth’ in a company, the long-tail effects of value and market leadership for a business tend to be more sustainable rather than being a ‘few years’ wonder.
Great businesses are built in a continuous cycle of ‘stability’ with ‘operational depth’, followed by ‘scalability’ with ‘operational efficiency’. Enduring companies or businesses have cracked the fine art of balancing scalability with stability. Leaders who lead these companies at different phases of these cycles need to understand and absorb this in their management style and methods. They must learn to balance ‘moments of calm rigour’ and ‘moments of adrenaline rush’.
Some of the lessons we learnt from this week’s mission:
Learn to ask questions to open a myriad of possibilities.
It is vital to balance a business's scalability with stability.
The computers and mobile devices of the future will cease to look like those of the past. So, what’s the new form factor going to be?