Why we fail at what we set out to do in the world?
Much of the world and universe is - and will remain - outside our understanding and control.
But in the realms, where control is within our reach, we have just 2 reasons the we may still fail. The first is** Ignorance.** The second type of failure Guru’s call Ineptitude )- because in these instances the knowledge exists, yet we fail to apply it correctly:(
Checklists seem to provide protection against such failures. They remind us of the minimum necessary steps and makethem explicit.They not only offer the possibility of verification but also instill a kind of discipline for higher performance.
Gaurav Sud and Abhishek BasuMallick (avid checklist practitioners) have been the inspiration behind starting this thread - to help us evolve our own strategies of overcoming failure.
I am asking them to start the boll rolling, others like us can pick it up from there and start running:). We should be able to come up with refined checklists, eventually.
Abhishek has long been canvassing support on using checklists. He even provided a list in our Capital Allocation Framework thread - couldn’t catch the inherent power of it - I reason my happy-go-lucky attitude/luck had always taken care of me - never felt the pinch - soI sort of trivialized it:(
Just want to share how Gaurav caught my attention in our last Gujarat trip - He said - “Ever wondered why Airplanes are the riskiest mode of travel, but have the lowest number of casualities?” )- there is an answer - it will seem almost ridiculous in its simplicity. It is a checklist!
Caught your attention? There, for more read up on The Checklist Manifesto )- Atul Gawande.
Now, we have an opportunity before us.
Eventhe most expert among us can gain from searching out the patterns of mistakes and failures and putting a few checks in place. But will we do it? Are we ready to grab onto the idea?
Let’s get started. Over to you Gaurav and Abhishek