Simon
has based this book on the initial work by Prof. James p Carse (Finite and
Infinite Games: A vision of life as play
and possibility), and clubbed it with otherwise known management work by likes
of Jim Collins, Brown Berne, Adam Grant,
to put together a compelling narrative in support of Cause-driven, visionary
leaders, who believe in organization building for long run (aka level 5
leaders).
Simons’
basic premise is that leaders either operate with infinite mindset or
finite mindset. The book shows
how the two kinds of leaders differ in their decision making, team building and
managing change and there are leaders from corporate world used to exemplify
both kinds.
In
finite game- the goal is to win before the game ends, in infinite game, the
primary objective is to keep playing, to perpetuate the game. Finite games are between known players,
played with well-defined rules and with clarity on how will winner be decided?
Infinite games are played between known and unknown players, within general
broad conventions and broad boundaries and players are free to join in or drop
out at any time. The game of business fits into the definition of an infinite
game, while a particular organization may or may not play with infinite
mindset.
Targeting
a particular weight by a certain date is a finite game, while living a healthy
life is an infinite game. In first case
intensity of effort (or sacrifices) will work, while in second case it requires
a consistent choice over a long time- almost lifestyle commitment.
Infinite-minded
leader works to ensure that employees, customers and shareholders remain
committed to contributing through effort, wallet and investments, allowing
organisation to serve its stated just cause- the vision it strives for through
every action.
Organisations
led by Finite-mindset Leader depicts:
Obsessive focus on quarter results, winning over competition key
motivation, negotiable ethics, non-cooperative suffocating culture, in-human
managers & profits before everything else.
Finite-minded leader plays to end the game-to win.
Finite-minded
players worry about disruptions, infinite-minded players expect
surprises and even revels in them, for the aim of the first is to develop a stable
company, for the later a resilient company.
Some
of the interesting combinations of finite and infinite mindsets:
1 In combat- one player may be playing with
finite mind-set and other by infinite one- The first one may win some games,
but will eventually drop out of the game, while the later endures. Example includes the combat between US and
Vietnam!, or at some stage between Microsoft and Apple.
2. Professional CEO with finite mindset-
following founders’ tenure with infinite mindset- Initial bump in the
shareholders returns, embraced by wall-street, till the good-will and resources
garnered before are not exhausted and then desertion happens – starting with
talent, customers and finally profits.
3.
Once the infinite mindset leader wins a particular play, there can be
temptation to switch over to finite mind-set.
This is where the leaders resolve is tested, against the lure of
attention and goodies associated with winners coming from media, investors and
other stakeholders.
4. Its ok or must have finite mindset, if
one is playing a finite game (of football!).
5. What if you have an infinite mindset,
but stuck with boss or investors with finite mindset?
Simon
has identified five essential practices that would help develop infinite
mind-set: (why only five? Why only these – cant say!)
1. Importance of associating with a Just Cause- Essentially it is about having and
truly believing in the Vision or Purpose of existence of the organisation-
wherein all choices, decisions and resources are directed to serve that
cause. There are enough ways to find
out, whether the stated cause or mission runs in the veins of the organisation
or used as seductive marketing slogan. Infinite mindset gets attached with the
Cause to such an extent - self-interests gets subsumed. Simon beautifully illustrates how the US
Declaration that all men are created
equal, has been reinterpreted to break
all barriers over time including race, gender, geography, opportunity and
sexual orientation and the perfect vision of equality is still work in
progress. Simon provides some
suggestions on how to ensure that JUST CAUSE is defined right to have the
necessary pull, tangibility and relevance over infinite time-horizon. Redefining
CEO as C-Vision-Officer with CFO and COO as associates is an interesting
suggestion. If you know your why? (courtesy Simon earlier book) you would
naturally gravitate to the associated cause or vision.
2. Infinite mindset involves selecting a worthy rival and use his/its existence
to learn and improve oneself and once ahead, find another rival to stay
motivated on the continuous evolutionary journey. Instead of choosing a competitor who you want
to win basis some outcome metrics (sales, market share, etc), worthy rivals may
be a set of comparing organisations with each one doing particular things
better and forces one to focus on multiple opportunities for improvement. Simon mentions US predicament in managing
rivals in Coldwar 2.0 in the form of North korea for nuclear threat, China for
economic challenge and Extremism for ideological supremacy, requiring different
response than earlier world of Coldwar, where USSR seems to be representing all
rivalry folded in one competitor.
3. Existential
flexibility comes naturally to the infinite-mindset leaders as they are
focused on serving their Cause and welcome any development that would helps
accelerate achieving that vision and do course change without much lament about
sunk cost, or wasted efforts. This kind
of flexibility in not easy to come-by leaders that are playing finite game to
meet certain outcome metrics in predefined period- to them this is unwelcome
distraction to be ignored or restrict its influence on the existing course.
4. Leaders with Infinite mindset focus on
building trusting teams- where
members are open to share bad news, seek help and share variant perspectives,
while feeling psychologically safe that their actions will not be used against
them. Finite leaders create a sense of
fear and mistrust within team as each member acts to safe his back, often
resulting in hiding information and avoidance of accountability. Finite metrics as dominant part of performance
system within organisations tend to promote finite mind-set, resulting in
organisations often celebrating high performers who may have severe trust
deficit within their teams and peer group.
Simon would prefer low performers with high trust than high performers
with low trust score, while both sets may be worthy of coaching stint.
5. Courage is the essential requirement
for anyone interested in moving away from the established norms, prevailing
paradigms or simply trying do something that would upset the present set-up. Hence, Courage finds mention in almost all How-to
and paradigm-redefining books, including this one.
Standard examples like Apple, Microsoft,
Blackberry, Kodak, United Airlines etc- are so often used by almost all
management thinkers to prove their hypothesis,. Clearly these success stories
and failures are not likely to be attributed to one-thing they their leaders or
these organizations did right or not-
although quest for simple explanation continues among thinkers and researchers.
In
conclusion, the book may not be presenting any novel idea or incisive insights
but is reassuring for those already leading with infinite mindset
and for others, it provides enough provation to self-examine motives and realign
ones' leadership intent.