7/14 LA Times Magazine article titled "Failure"

Discussion in 'Trading' started by ddog, Jul 16, 2002.

  1. The people who didn't fare as well were those who had the most stable, even happy, upbringings. "The important part may have been that they were never selected to show competence, and so they didn't have this belief that they were going to have it when they needed it." For those people who weren't blessed with a stressful childhood, however, there is hope. Maddi insists that they can learn hardiness, even later in life. He teaches these skills at a consulting company in Newport Beach called The Hardiness Institute.

    In general, Maddi instructs people to assess their failures coolly and accept responsibility where necessary. He then encourages them to identify real action they can take to recover, and to develop relationships with people who can offer support and guidance. Barring some deeper psychological problem, he says, "These skills can be grafted onto a person, and it is not a long, drawn-out process."

    Maddi, Vaillant and others have data to show that people can learn resilience and learn how to overcome personal failure, even very late in life. However, matters are more complicated when failure occurs in a public arena. Athletes are especially subject to this because any time sport anoints a winner, there are always equal, or greater, numbers of losers. It makes sense, then, that much of what is known about the psychological dynamics of public failure comes from those who observe athletes.

    David Conroy and his colleagues study performance at the sports psychology laboratory of Pennsylvania State University. One of their recent findings debunks a myth about what is commonly called the "fear of failure." Many of us believe that fear of failure must be banished before success can be achieved. It turns out that this kind of fear is not as destructive as we might assume. Indeed, while sports gear marketers preach "No Fear" to the masses, a more sophisticated message might be "A Little Fear Is a Good Thing."

    "The truth is, fear of failure can lead you to your best achievements," Conroy says. "This is especially true of performers-athletes, actors, musicians and so on-whose livelihoods depend solely on their talents."

    Anxiety about an uncertain future can make people focus and try very hard. Fear is only a problem when it grows so big it becomes a distraction. This can happen when you load too much hope onto the outcome of a single game, or even a single season.

    "I worked with a high school tennis player who was having problems that we couldn't quite get to the bottom of," Conroy says. "We finally realized what it was when he explained that he was desperate to do well in his junior and senior years because he wanted to go to college, but knew his family couldn't afford it unless he got a scholarship for his tennis. He did all right and got what he wanted, but it was a struggle."

    Conroy's tennis player illustrates another core truth about failure. The problem isn't the defeat we might suffer, but rather, its consequences. "Failure itself is meaningless, but if we believe that failure means we'll be denied something very important, like an education, then it takes on more meaning."

    Resilient tennis players, for example, understand that every tournament is a "failure" for every player except the champion. So they judge their performances more broadly, looking at how well they played each match, how much effort they expended and whether certain aspects of their game- serve, backhand, net play and so on-showed improvement. Any player who defines every performance that falls short of the championship as a failure puts a destructive level of pressure on themselves. Worse off are those who take the next step and allow failure to determine their entire sense of self. This is when a loss in some competition turns an athlete into a loser in life.

    "In sports, people often learn from parents, coaches and siblings that affection and attention are based on success," Conroy says. Even parents who emphasize effort over results may inadvertently communicate a different set of values when victories are always followed by trips to the ice cream parlor and defeats mean going straight home.

    As a practical matter, Conroy suggests that parents dole out treats in a way that breaks the relationship between winning and rewards. "Grab an ice cream when you lose sometimes, and pass it by sometimes after you win."

    Conroy argues that failure is so much a part of life that it should be considered normal in a life well-lived. The hordes of unemployed high-tech workers seem to share this idea. Pink slip parties and Internet-based communities for the suddenly dismissed have eased the shame in these industries by bringing failure out of the closet.

    Carlotta Stankiewicz of San Antonio responded to losing her job at an ad agency by starting a Web site called Planetpinkslip.com. Serving a group she calls "income challenged" was not the best strategy for making money, but as she connected with an ever-wider number of refugees from failed companies, she began to see that her being among those chosen for downsizing was a failure that didn't define her.

    "I had been a straight-A student, president of my high school class, and I had gotten every job I ever applied for," says Stankiewicz, 37. "I valued achievement, success very much, and I had very little experience with failure." When she lost access to the praise and attention she received on the job, Stankiewicz was forced to find rewards elsewhere. She discovered them in her home life, in her Web site and in her new work as a freelance writer. So far, she says, no prospective clients have been discouraged by her job loss.

    "It's almost a cool thing, in certain industries, to have been part of a failed company or a downsizing," Stankiewicz says. "It's a sign that you were willing to take a risk in the first place. People respect that you were brave enough to try."

    Even lenders and government agencies extend respect to once-failed entrepreneurs who come back with a new idea. Matt Bergheiser, who recruits businesses for the city of Trenton, N.J., says that failure no longer leaves an indelible mark of defeat. "Failure has become recognized as part of the normal cycle, especially for small business," says Bergheiser, who arranges financing and subsidizes real estate for start-ups. What's important is whether an entrepreneur has learned from failure. "If they see how they could do it better, that's a good sign. But if they just blame others, or the economy, then they haven't benefited from the failure they experienced."

    Even so, the benefits of failure are not recognized as an asset in every business in every part of the country. In high-tech regions on the two coasts, it's relatively easy to rebound from a major defeat. Yet in more traditional businesses and less entrepreneurial environments, the taint of a bankruptcy, or firing, can be more poisonous to the future. Certain individuals may also feel the shame of failure more keenly. Bergheiser recalls a businessman in Philadelphia as an example of the paralyzing shame that many people feel after a big flop.

    "This guy's company went out of business, but he didn't tell anyone in his family. Every day he got up, got dressed and left like he was going to work. Instead he just sort of wandered around. This went on for months before he was finally honest with them. When he was, they accepted it. They still loved him."

    A recent entry in the annals of failure research points to a pesky and subtle kind of defeat that can darken our mood and undermine progress without our ever knowing. It's subconscious failure.

    In a series of experiments, psychologist Tanya Chartrand has found that most of us harbor subconscious hopes and aspirations, and that we feel bad when we don't realize them. "You can have a general, non-conscious goal of pleasing every person you come in contact with," she says. "As you go through life, you are going to succeed at that and fail with different people. The failures are understood at a level we aren't aware of, but they affect us."

    Chartrand, a professor at Ohio State University, found that student subjects felt their mood darken when they were thwarted in the pursuit of some unconscious need. In one experiment she also discovered that failure to achieve an unconscious goal suppressed student performance in a test involving verbal skills. Students who were unsuccessful in achieving an unconscious goal in the first test did worse on the second test.

    Beyond such immediate effects, Chartrand suspects that we can suffer repeated, even chronic, failure if we are blocked by unconscious needs that are no longer useful. A good example of this is the person who is promoted to a management position but continues to unconsciously seek friendship and approval from everyone on the job
     
    #11     Jul 16, 2002
  2. Although individuals may rely on friends and family to recover from defeat, some losses are harder to get over than others. Huge public debacles can cause severe feelings of shame and guilt, especially if great sums of money are lost or people die. In the rather close-knit community of bridge builders, for example, it is generally accepted that designers and engineers may suffer unexpected illness, even death, if one of their creations collapses-as occurred after two of the biggest bridge failures ever recorded: the Tacoma Narrows collapse of 1940 and the St. Lawrence River collapse of 1907.

    Despite the enormous damage, Petroski points out that failures of massive engineering projects have provided critical lessons in the development of safer technologies. After the Tacoma Narrows bridge fell, engineers began to consider aerodynamics in their designs, to accommodate the wind pressures that caused the collapse. In the case of the 1907 Quebec disaster, a postmortem discovered that the method used, which pushed the limits of design for cantilever bridges, had produced weak members that couldn't hold up the load they were supposed to bear. The design was abandoned.

    As another practical example of improvement via failure, Petroski points to the Challenger disaster of 1986, which killed seven astronauts when the shuttle's giant launch rocket exploded in the stratosphere. The cause was a joint with a rubber seal ring that had contracted due to unusually cold weather. "The first solution could have been redesigning the joint," Petroski notes. "But that redesign could have produced new, unexpected problems. It was more sensible to simply say, 'We won't launch when it's that cold.' "

    In altering the launch-decision process, rather than the technology, NASA came close to confirming the conclusions of sociologist Diane Vaughan. For her book, "The Challenger Launch Decision," Vaughan reviewed statements by everyone involved in the debate over whether to proceed despite the cold that morning. She reached the startling conclusion that it was not risk-taking that led to failure, but conformity. In fact, given the ethos that existed at NASA, the truly risky move that morning would have been to scrub the launch. In a sense, a momentary failure-a suspended launch-was avoided, with catastrophic results.

    "The shuttle was experimental, and problems were considered a normal part of things," Vaughan says. "The overall guideline was: Everything is risky. We eliminate the risks we can and contain the ones we can't. When you can't eliminate a risk, you calculate your margin of safety and go ahead if it seems acceptable."

    Unfortunately, little hard data was available about the rocket's performance in cold weather. At the same time, NASA was under pressure to conduct as many shuttle missions as possible, in part because commercial payloads were covering the cost. Add the enormous public attention created by the addition of an elementary school teacher to the crew, and the agency felt a tremendous impetus to proceed. "There were some concerns about the decision that couldn't be supported by data," Vaughan adds. "But intuition didn't carry much weight at all in that situation."

    The repercussions from the Challenger failure went beyond the loss of life and the damage to NASA's reputation. The institution benefited from the investigations that followed. Among other changes, engineers were given more power to stop a launch for safety's sake.

    But as so often happens within large organizations struck by big public failures, many individuals suffered personally and did not get a shot at real redemption. As the post-Challenger investigations pressed forward, those who had been in the launch-control chain of command were scrutinized, if not made into scapegoats. "People were punished," Vaughan says. "They were pushed aside, sent for re-education. Lives were ruined. Unfortunately, that's pretty typical with a failure this big in a system this big. People pay a personal price."

    Although individuals and organizations generally react to failure in similar ways, the firings and transfers of employees after Challenger reveal a major difference. Individuals can forgive themselves, learn from the mistakes and try again. But large organizations often have trouble forgiving those responsible. It's as if the only way for them to heal and move ahead is to first purge some employees, whether they are truly responsible or are simply convenient targets. In the best cases, Vaughan adds, leaders will also examine what might have gone wrong with the organization as a whole, and its systems, but this doesn't always happen.

    When JPL lost its two Mars spacecraft, it and NASA conducted sweeping investigations. In the case of the orbiter, the investigators discovered that engineers had failed to convert English measures into metric. This error sent the orbiter too close to the planet, where the friction of the atmosphere burned it up. The error was compounded, adds engineer David Spencer, by a JPL culture that dismissed the intuition of some veterans who had expressed concerns about the orbiter's trajectory. When the data didn't support those early warnings, the younger scientists who ran the project dismissed them.

    The analysis of the second loss, that of the Mars Polar Lander, concluded that the failure occurred on its descent to the surface. As planned, the lander's legs deployed at an altitude of 1.5 kilometers. But vibrations from the deployment apparently mimicked the shock of landing and triggered a sensor on the footpad that shut down the craft's engine. With no thrust to slow it down, the lander crashed.

    Engineers had not programmed the lander to account for the vibrations, Spencer says. "For the future we would have to augment the design and we would have to accept a Red Team [of other experts] to oversee our mission. They punched holes in everything we did. It was not a pleasant experience."

    It was far more pleasant, however, than the experiences of those who were most involved in the failures of the lander and orbiter. Though failure may have gained new respect in recent years, huge, politically based bureaucracies that run on tax dollars still have trouble tolerating big errors. "There was a mass exodus from Lockheed Martin," a key JPL contractor, Spencer recalls. "But I'm not sure that's all for the best." The departures "meant a great drain of experience and manpower. I think that an engineer-a person, really-who has failed is worth much more, because of what is learned from the experience, than one who has never failed."

    Although the technical discoveries were valuable, Spencer came to believe that the intellectual autopsies done on the two failed missions yielded more important information about the culture at JPL. For instance, he says, he was impressed during the reviews by the abilities of the "graybeards" at JPL to use the backs of envelopes to figure things out. Younger scientists who have always relied on computers don't have those instincts.

    Excessive budget pressures and a failure to follow procedures also were major culprits. "The team did not follow procedures when it came to reporting problems, and never properly documented it for the project managers. If they had, it would have been assigned to a team and it would have been solved."

    With the Mars Odyssey, NASA abandoned its mantra of "faster, cheaper," and fully funded the mission, allocating nearly $300 million for the project, almost as much as was spent to launch its two previous spacecraft. "We also went back to the basics of reporting and following procedures very closely," Spencer adds.

    Odyssey was launched in April 2001, reached the Red Planet in October and recently began sending back data on the composition of its surface and on radiation in its environment. "The team pulled together and restored some of the rigor to the program," Spencer says. So far, Odyssey is an unqualified scientific success. It has also become a textbook example of a highly public failure and its profound effects on individuals and institutions.
     
    #12     Jul 16, 2002
  3. ddefina

    ddefina

    I was just talking to my wife about all the people in our small town that have gone bankrupt and are now millionaires years later. It's amazing what tenacity and knowledge at others expense can do for you. I'd bet it's certain personality types that exceed at their professions, not so much natural talent.
     
    #13     Jul 16, 2002
  4. If you love something and cant stop thinking about it, failing at it a couple of times will only strengthen your resolve to become a master of it...
     
    #14     Jul 16, 2002
  5. or if you are the type who doesn't back down from a challenge, or if you just like solving puzzles, or if you are short term workaholic and long term lazy

    many paths up the mountain
     
    #15     Jul 16, 2002
  6. #17     Jul 16, 2002
  7. "It is not the critic who counts: not the man who points out how the strong man stumbles or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly, who errs and comes up short again and again, because there is no effort without error or shortcoming, but who knows the great enthusiasms, the great devotions, who spends himself for a worthy cause; who, at the best, knows, in the end, the triumph of high achievement, and who, at the worst, if he fails, at least he fails while daring greatly, so that his place shall never be with those cold and timid souls who knew neither victory nor defeat."

    - Theodore Roosevelt
     
    #18     Jul 16, 2002
  8. "You might reduce Vince Lombardi's coaching philosophy to a single sentence: In any game, you do the things you do best and you do them over and over and over."-George Halas
     
    #19     Jul 16, 2002
  9. Kymar

    Kymar

    #20     Jul 16, 2002