Skip to main content

Is There Room for Impulse in Business Decision-Making?

Please note: Comments can be made directly underneath each blog post. Any Comments made previously, via Google +, will no longer show up under blog posts.''

If you have a pulse, at some point you have done something on impulse. Recently, tennis player Svetlana Kuznetsova cut her hair during a match before returning and winning the match. I don't know the details surrounding the emergency haircut, but definitely looked like an impulsive decision at its finest.



In art and sports, spontaneity and split-second decison-making are often encouraged. In the business world, not so much. If you are starting a business, own a business, or even work in a business --you probably have plenty of cautionary tales of impulsive decisions gone wrong. The six-figure-earning account executive who got into a fist fight with a co-worker, the business owner who built an expense around money not yet earned, the employee who leaves a passive-aggressive (or just plain aggressive) note on the refrigerator, or the elected official with the insensitive tweet. All true stories of decisions that were so irresistible in the moment that the person curved their entire trajectory.

Darrin-Stevens-Bewitched-Pouring-Coffee-Working
Darrin Stevens working on a campaign
Although we are more familiar with the cautionary tales of impulse gone wrong in the business arena, there are a host of examples of when it goes right. I am reminded of my very first marketing mentors: Darrin and Samantha Stevens (Bewitched).  Much of the ongoing plot of the popular sitcom was built around the hard-working mortal, Darrin Stevens, who would inevitably be plugging away on a high-stakes marketing campaign when some sort of witch-related catastrophe would develop around his magical wife, Samantha. Witches, warlocks, incantations, and spells did not come close to the biggest trick (or treat) of the show: Samantha would seamlessly come up with an instinctive and innovative way to wow the clients Darrin and his two-faced boss Larry had been working weeks on. In hindsight, it was not magic; Samantha, as a mother and housewife, was a member of the target audience for many of the products Darrin was trying to market.

Now that I have grown up (a little) and learned (a little), I realize that the business - especially marketing--has to have a balance of strategy and spontaneity. In technology, we see it all the time: carefully planned new product launches are tempered with relatively quick decisions to acquire or sell products. When Facebook bought Instagram from Kevin Systrom for one billion dollars, it broke the internet. In hindsight, it was a good move but at the time it seemed too risky.

I don't recommend making any billion dollar decisions on the fly. However, I think there is a bit of room for impulse in the business decision-making process. What say ye?

Have a Happy,

Leslie
Please Comment Below or Tweet Me at @lesgo4it


Comments

Popular posts from this blog

How Monday Mornings Can Kill Business

Monday mornings come every week; they are just crazy like that. But, did you know that they can kill productivity for the entire week? I didn't know that either -- until I reached the end of my first year in business and realized much of my year had been just a string of bad Monday Mornings . Here are four things I learned over the course of my first year: It Was The Night Before Monday and All Through the House..  Whether you have 3 hours or 15 minutes, a little preparation on Sunday evening can help in big ways on Monday morning. For me, that is often just 15 minutes creating a to-do list or journaling. Laurita Thomas, who is the associate vice president and chief human resource officer at the University of Michigan, spent several hours each Sunday in her office, preparing for the week ahead for the first few years in her position. "I don't do that anymore" said Thomas, "but I do spend time each Sunday evening preparing for the week." Schedule

3 Sweaty Lessons for the Entrepreneur

When the remake of the movie,  Sparkle , arrived to theaters, I had to watch the 1976 version just one more time. This has been a favorite since I first watched it as a teen almost 20 years after it was released. Every time I watch the movie something different stands out. This time that I watched it, I noticed how sweaty Stix, the character played by Philip Michael Thomas, was when he hugged the girls mom. It was at the point that I experienced an epiphany as to why this movie impacted me so much. Here are three sweaty business lessons that I learned from the movie: 1. Sweating is Natural  In Sparkle, when Stix came to Sparkle's debut and hugged her mom he was sweaty. She didn't turn him away. In fact, she gave him a full embrace while in her finest threads. He had made a mistake and she knew it, but he had survived it and she was encouraged.  As a entrepreneur, I have to put in my sweat equity to get my business off the ground. There aren't always casual or ladyl

Media Release: Mom Genius Helps College Bound Students

Press Release _________________________________________________________________________ “Genius” Mom Launches New Campaign To Help College-Bound Students To ‘Up Your Game’ With Your Writing ANN ARBOR, MI / (May 11, 2017) – Essay Coaching is announcing the launch of Up Your Game With Your Writing – a tutoring, mentoring, and education campaign designed to help both students and parents reduce the family stress involved with the college admissions essay process. Because teenagers and young parents are so busy, the campaign includes numerous quick and free elements, including a new information and resource hub at www.essaycoaching.com , FREE original college essay quizzes as seen on WXYZ-TV , college essay readiness training for students and parents, private coaching packages, a new Twitter channel with weekly writing tips at @debmerion and new book due out in 2018. The first workshop is May 16, 2017, from 7-8:30 pm. in Saline. Students and/or parents will