In times of rapid change, experience could be
your worst enemy. ~Jean Paul Getty
I came across this quote and it reminded me of a
conversation I had with a friend this week.
More than 15 years ago we both worked for the same organization, which
is how we met. At the time, that
organization was thriving, a leader in the industry, and we both gained some
professional prestige for having worked there.
But times have changed; the industry this organization is in has changed
dramatically over the past decade; if we add to that a completely different
economy, all their years of experience truly might be disabling them from adapting to rapid change. They are half the size they were a decade ago
and struggling to stay alive. Nearly all
of the current leaders have been there for more than 15 years. Has all their years of experience become
their worst enemy?
In that same conversation my friend asked about some
other organizations I’ve worked with over the years. One, in particular, has been around for more
than 130 years, that’s lots of experience, to say the least. I commented that I was no longer working with
them and most likely didn’t envision working with them in the near future. One of the market segments they used to
dominate they have now completely abandoned.
The market changed, other competitors entered the market and through
their influence moved the market; and the 130 year-old organization just simply
couldn’t keep up. All their years of
experience were holding them back.
Does the law of diminishing returns apply to
experience? Is there a point when not
just an organization’s, but a leader’s experience could be more of a hindrance
than a help? Could we identify when experience
slows the ability to change and adapt to a dynamic environment? All questions I’ve been pondering lately.
I came across a study in a completely unrelated field
– ophthalmology and psychology – that focused on adaptation and aftereffects in
high level vision. Of course the obvious
question is what’s that got to do with leadership?! Good question. A section entitled “adaption and response normalization”
got my attention. Do years of experience
lead to response normalization? We’ve adapted
and adjusted so many times that our response has been normalized; we simply do
what’s become “normal.”
Experience can lead to a treasure trove of wisdom
and insight, but it can also lead to unforeseen quicksand that stops us in our
tracks and hinders our ability to see more than a few feet in front of us. Is our experience broadening our vision as if
we’re looking at the world through both a telescope and a microscope or has it
gradually become blinders that narrowed our vision?
How might we know the difference? We could ask a few questions. When was the last time we tried a new
approach to a common problem or challenge, instead of what we’ve always done? When was the last time we learned to do
something new? When was the last time we
really listened to someone just
entering our field? When was the last
time we really studied our
competition? When was the last time we asked
what our business (or department) would look like if we were starting our
business today?
Experience is one of those things that happen over
time, gradually, and when things happen gradually we don’t always recognize the
affect it has on us. Is our experience
creating a normalized response, or is it creating a sense of curiosity to
continue to explore, ask questions and remain nimble for whatever change comes
our way?
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