We are living in a world that expect instant gratification and satisfaction.
I have been noticing that many people expect you to give quick answers to their questions. If the question is simple enough and you can answer it with without hesitation, yes go ahead and give an instant answer.
But if its a valuable question, then don't rush into answering the question.
When I stumble upon this situation, I say "I'm a slow thinker. Your question is very valuable so I'm going to pass it on to my subconscious mind and let it do it's magic. I would love to share the answer when I get it".
Powerful questions are extremely valuable so don't rush and waste that opportunity.
While most of the older generations look at the shortcomings of Gen-Y, we could find some valuable lessons if we look at them from an "Appreciative Eye".
While the Baby Boomers spend lot of time and energy trying to find the "Work/Life" balance, for Gen-Y, it's all about life. This sounds unrealistic but when you start to look around carefully, you will see more and more Gen-Yers doing stuff they love and somehow making a living out of that. For example, in a world where zillions of blogs start everyday, who would have thought you could make a living by writing "Blogs". But there is a new profession called "ProBloggers" and I have seen many successful Gen-Yers making a living out of Full Time Blogging.
This is just one example, I'm sure there are lot more new professions that have been born as a result of Gen-Y thinking.
PS. Tina Su is a young lady based in Seattle and a very successful ProBlogger. Click Here to see Tina's profile and link to her "Think Simple Now" Blog.
I love this new design that combines the functionality of Laundry Basket and Washing Machine.
A Chinese Industrial Design Student (Guopeng Liang) designed the iBasket for the Electrolux 2008 Design Lab Competition. Hamper-shaped, the machine will automatically wash once there is enough weight in it. (or you can schedule & control the wash from your PC or Mobile Device). The machine will send a text message once the washing is done.
This is a great example of a "Generation Y" thinking and innovation. I'm sure it will be a huge hit when it comes to market.
Pretty much every book I have read on personal and professional development suggests that you need to get a mentor. In my view, you are far better off gathering a collection of "Angels" around you than having one single Mentor.
My definition of an "Angel" is someone who cares about you and will lend you their ear, mind, heart & soul at your time of need. I have number of Angels around me that I can call upon depending on the challenge I'm facing, and I'm ever so grateful to each and every one of them.
One thing to remember is that, the more youbecome an Angel and help others in their time of need, the more Angels will come to your life at your time of need.
"In everyone's life, at some point of time, our inner fire goes out. It is then burst into flame by an encounter with another human being. We should all be thankful for those people who rekindle the human spirit" - Albert Schweitzer
I recently stumbled upon an article about a Web Based banking company called Zopa.
It is an marketplace for Social Lending where people lend and borrow money from each other. I have seen this concept few times but Zopa looks like the first serious player that can spread this concept on a global scale.
It is like borrowing and lending money with your friends and family - except there are thousands of people you can lend and borrow with.
Both lenders and borrowers get better rates, because Social Lending is hugely efficient than the traditional banking model.
Currently they are operating in USA, UK, Italy and Japan. Wonder how long it will take for this concept to start operating in New Zealand.
Click here for more information on this great idea.
I continue to be amazed by how much money some organisations (especially in public sector) keep poring into dead beat projects but their un-willingness to dedicate some funding for prototyping and experimentation.
This problem can be solved quite easily as suggested by Gary Hamel, a leading authority on Management Innovation.
The idea is quite simple. You build a culture where managers with substantial budgets (ie $100,000 and over) would be encouraged and allowed to allocate 2% - 5% of their budget for experimentation. Unlike the current situation where someone can only go up their chain of command to get funding, this approach will give someone with a bright idea number of potential sponsors.
For this idea to work correctly, the funding manages must be given recognition even if they funded a breakthrough idea that will benefit another department or business unit rather than their own.
One of the biggest barriers for Innovation is the cruel culture of busyness of today’s management style. Most of the managers I know are extremely busy, their diaries are full with meetings and they are totally exhausted by end of the week.
If you want to be a great leader and create an organisation where passion and intellect is utilized to to the maximum, then you need to set an example and create more thinking time for yourself and every other team member in your organisation.
This bold step, may seem too much of a culture change for many managers. A simple way to get this started is to give your staff freedom to spend 15%-20% of their time on projects or a cause they are passionate about. Companies like 3M, Google, GoreTex are ideal examples of organisations that have successfully implemented this policy and have created businesses that fully utilise the collective wisdom, enthusiasm, energy and creatively of their human capital.