Innovation and R&D
Managing and Developing People, Happiness Advantage
Article 23
Read Time 4 Minutes
In Part 18-22, I listed some of the best books I have read for managing and developing people. They are:
I also promised I will provide a summary of these books in subsequent articles. Here is the FIFTH one.
Let us start with a quiz question: What came first, a chicken or the egg?
Hmm… There is no obvious answer to this easy question right?
Let us try another quiz question that is more pertinent to this article.
Why do we Work Hard and Make Money?
This is somewhat easier to answer.
“We work hard and make money so we are happy!”
Right? Well, that is the old psychology on happiness, that we were taught and believed.
According to Shawn Achor, this old psychology is FAULTY. It creates unnecessary stress, reduces creativity and productivity.
A big problem with the old psychology of happiness, is as soon as we reach our target goal of making money say, Rs 10 Lakh or Rs 50 Lakh per year, we move the goal post and want more the next year. We postpone the happiness!
Shawn Achor, author, Happiness Advantage [ ref. 5] has done research on Happiness for over 15 years, has taught Google, Pentagon and many Global 1000 corporations, and traveled to 42 countries sharing his research findings. His Ted talk is among the top five most popular Ted Talks with over 13 million views. [ref. 6]
With Shawn Achor’s research findings, increasing productivity just became easier.
Shawn Achor says:
For a really quick overview of Shawn Achor’s research listen to his 13 minute talk at Google. It is fascinating. Watch how he keeps readers engaged with his rapid delivery, humor, one-line references to work done by Adam Grant, Charles DuHigg, Martin Seligman and others.
What is Happiness?
Modern world defines happiness as pleasure, which is short lived and not worth studying.
Joy is something we can feel even when life is not pleasurable.
That is why we see even poor people, smiling, being happy and enjoying themselves!
Shawn Achor’s Research
Shawn Achor did most of his research on Harvard students. He was surprised to find that even though these Harvard students (like IIT students in India) had everything going for them, many of them were unhappy.
Achor’s research indicates that only ten percent of our happiness is shaped by our external world; ninety percent is influenced by our internal perspective.
We need to flip the formula around – create happiness here and now because that is what will help us achieve our goals.
These findings are akin to Gita and the Upanishads’. Don’t worry about the past, don’t worry about the future, just focus on now, your important task at hand, and do your very best; Become engrossed in your work , you will be in the “flow” and happy. Happiness is innate. You do not need any material possessions to achieve that.
Key findings:
Do these five items every day for 21 days to develop positive habits and it turns out, ”we can break your genes and your environment and allow happiness to be one of the greatest competitive advantages in the modern economy.”
Happiness Advantage: “We fight so hard against the negative in our society we forget to tell people how powerful the positive can be.” It has a ripple effect. Organizations are uniquely positioned to intervene on their workers’ behalf to make them happier and the result will be more productive, more resilient and, yes, happier, employees.
Shawn Achor cites several examples from his consulting practice in industry. One insurance company, sales department tripled its sales in one year, and were working towards repeat performance the next year.
Read the book. Shawn Achor shares several insights/ principles/mental-models. It is an easy read. It provides the fastest formula for significant improvement in people’s happiness, unleashing human potential and thereby productivity.
You will be glad you did. And your people will thank you for helping them achieve that.
Now it is Your Turn:
So crank up your Product Development engines… Let us speedup new product development and growth rates. And let the fun begin!
References:
Mukul is bilingual. He speaks Chemical Engineering and Applied Statistics.
As a Senior R&D Manager, Statistics and Computer-Aided Research at BF Goodrich Chemical, he championed the use of Design of Experiments (DOE) for predictive modeling, performance optimization, scale-up, and quality control.
Currently, he is the Founder and President of FastR&D, LLC, based in Cleveland, Ohio.
Over his career, he has trained nearly 1,000 R&D scientists, engineers, and senior executives. He has led 750 DOE studies across industries including chemicals, food, polymers, plastics, pharmaceuticals, and medical devices. His projects range from scaling up a one-inch fluid bed reactor to an 18-foot production reactor, to optimizing the design of a tiny angioplasty device for renal artery denervation and blood pressure control.
Mukul has advised numerous Fortune 1000 chemical firms on innovation, rapid new product development, and managing NPD as a structured business process.
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