From Yahoo finance:
http://au.pfinance.yahoo.com/b/leadership/68/talent-is-overrated/
Columnist Jim Citrin
Talent is Overrated
by Jim Citrin
posted on Nov 24 04:40pm
Jim Citrin http://au.pfinance.yahoo.com/columnists/jim-citrin/index.html
Contrary to popular belief, most top performers do not achieve success
because they are blessed with innate gifts.
If you listened to the mellifluous President-Elect Obama deliver his
acceptance speech at Grant Park on November 4th, you wouldn't be alone
in thinking that his oratorical gift was naturally endowed. So too with
Tiger Woods, who famously has been honing his apparently innate gift for
golf since he outputted Bob Hope on the Mike Douglas Show at age two.
Similarly, in describing his investment prowess Warren Buffett has oft
been quoted as saying that he "was born to allocate capital."
We all believe that the world's best performers are different than us.
And that perhaps unfortunately is true. However, you might be surprised
at exactly how they are different and what truly accounts for their
success. Conventional wisdom would explain that the super-human
performers came into the world with a gift for doing exactly what they
ended up doing and that they had the good fortune to discover their gift
early in life. But as Geoff Colvin, Senior Editor at Large with Fortune
Magazine puts forth in his ground-breaking new book, Talent is
Overrated, it turns out that "great performance is in our hands far more
than most of us ever suspected."
In my mind, Talent is Overrated has the three key elements that make a
business book great: 1) It poses one important and specific question, 2)
The question is answered authoritatively, with both facts and compelling
examples and 3) The answer is counterintuitive. Put any of the best
business books through this sieve -- Good to Great, In Search of
Excellence, The 7 Habits of Highly Effective People, and The Tipping
Point -- and they will pass this tripartite test.
*Summary of the Book's Key Points:*
Contrary to popular belief, what makes certain people great is not
inborn talent. Rather, it is something called "deliberate practice," a
sustained, often life-long, period of purposeful effort designed to
improve performance in a specific domain. This turns out to be just as
true in business as it is in sports, music, medicine, chess, science,
and mathematics.
Deliberate practice is characterized by several elements: It is an
activity designed specifically to improve performance, often with a
teacher's help; it can be repeated a lot; feedback on results is
continuously available; and it's highly demanding mentally. It is far
different than the general notion of "practice makes perfect." Instead
of repeating a task over and over again in your comfort zone, deliberate
practice requires that you identify certain sharply defined elements of
performance that need to be advanced and then work intently on them.
Once a highly specific capability is improved, whether it's mastering a
passage from a demanding music composition, delivering an investment
recommendation in a staff meeting, or answering a key question in a job
interview, then it's on to the next step. Top performers get the help of
coaches or mentors to select and design the best practice activity,
repeat them to a stultifying degree, adjust their techniques based on
objective feedback, and concentrate so intensely on their efforts that
it strains their mental abilities.
If you are motivated to achieve, the fact that deliberate practice is
extremely difficult is actually good news. Why? Most people don't do it
or stick with it, so your commitment to do so will distinguish you. What
makes deliberate practice so powerful is that it pushes you beyond what
you can currently do and enables you perceive more, to know more, and to
remember more than most other people.
Excellent performers perceive more by developing better and faster
understanding of what they see. This is evidenced by the best typists
seeing more words on a page than others and expert radiologists
detecting subtle but life-threatening issues from x-ray readings that
elude medical residents. Highly trained pilots are twice as good as new
pilots at sorting through the cacophony of air traffic control; and in
business and finance, the best performers understand the significance of
particular information and data that average performers don't even notice.
Great performers in every realm also recall more. Jack Nicklaus could
reportedly remember every shot he had hit in every tournament. The best
direct marketers remember the results of every campaign and which
specific variables caused the largest movements in response rates.
At the extreme, the effects of deliberate practice actually change the
body and the brain. Endurance runners for example have larger than
average hearts. But they weren't born that way; their hearts grew only
after years of training. When they stop training their hearts revert
toward normal size. When kids start practicing a musical instrument,
their brains develop differently. Brain regions that hear tones and
control fingers garner more territory. London taxi drivers, who train
rigorously for two years on average, have been found to have larger
areas of the brain where spatial navigation is governed. It is
significant that the process by which the brain changes is very slow and
requires many years of intensive work. Activities need to be replicated
thousands and in some cases millions of times for the "rewiring" of the
brain to take effect.
The fact is that great performers are different from everybody else. But
the key points to recognize are, one that they didn't start out that
way, and two, that the transformations didn't happen by themselves.
*Colvin Speaks *
In my interview with Colvin, he said "The heart of the matter is that
this is demanding stuff. To excel, you have to pursue these activities
at length and with intensity." He added that it's difficult to sustain
the effort in something if you're continually doing a cost-benefit
analysis. "You need to look deeply into yourself and select something
you will find rewarding for its own sake to which to devote yourself."
Of course, it's relatively straightforward to do this if you have a deep
passion for an activity; but how do you discover it when it's not
obvious? "You may not have the passion a priori," Colvin said, "but as
you pursue an endeavour with focus it will often develop."
I asked Colvin how he is personally applying the principles from the
book. In his work, which involves writing and speaking, Colvin is
thinking much more specifically about the core elements of great
performance and how each can be improved. For example, he cites the use
of story in his articles. "It's much more effective to show rather than
to tell the reader something important. I now review my writing and ask
myself, ‘Am I telling or showing? How can I show more?'" He is also
seeking feedback of editors and mentors much more than he has in the
past. He advises you to find someone in your organization that you
respect and know well enough to solicit genuine feedback and then focus
on improving that which is most important.
Outside of work Colvin is applying his learning in an entirely different
way - moving away from great performance. "I've changed my outlook when
I play golf," he said. "I now understand the reality of where excellence
comes from and know that I will never be world-class (he's a
single-digit handicap). I can stop deluding myself which is actually
quite liberating and have much more fun out there."
The implications of Talent is Overrated are important and actionable.
For your career, the principles are essential because the standards of
performance in business will continue to rise relentlessly driven by the
power of information technology and the fact that you may well be
competing in (and for!) your job with other workers around the world.
Beyond your career, however, the book is incredibly exciting if your
life is your work. It will show you how to maximize what you've got and
what you can accomplish. There are also profound insights about how
parents can create a home environment that encourages children to excel
and about how great performance can be achieved and sustained late into
life.
Colvin brings to life deliberate practice with a wide array of examples.
He takes the reader deeply behind the common knowledge of how Tiger
Woods, Wolfgang Amadeus Mozart, Bobby Fischer and other "child
prodigies" really became great. We see the true genius behind other
renowned performers, such as Chris Rock as a stand-up comedian, Jerry
Rice as the best receiver in NFL history, and Benjamin Franklin as an
essayist. Colvin also convincingly draws on in-depth research on large
groups of violinists, mathematicians, and other groups of anonymous high
achievers. In fact, much of Colvin's research underpinning is drawn from
the leading expert on great performance, Dr. K. Anders Ericsson, a
professor at Florida State University, whose work over the past thirty
years has set the standard in the field.
If you are motivated to devote yourself to becoming a great performer at
work or in an avocation, Talent is Overrated will show you how to focus
on an area and develop and pursue a disciplined regimen of deliberate
practice. Doing this over the long term will lead you further than you
may have ever hoped or dreamed.