And on a lighter note...“Give a man a fish, and you'll feed him for a day. Teach a man to fish, and you'll feed him for a lifetime. Talk to a starving man about the fundamental frameworks of how to drive fishing performance at an hourly rate and you're probably a consultant.”
How do you deal with uncertainty? Join me in my framework thinking course here: tinyurl.com/15frameworksin15 If you liked this video, check out: » How to Think Fast Before You Speak: Framework Thinking th-cam.com/video/lcyHC9HLTzc/w-d-xo.html » Why Steve Job is so articulate: th-cam.com/video/PkPfdR80u_8/w-d-xo.html » Systems Thinking: th-cam.com/video/VUXeQGsVbqU/w-d-xo.html » Clear communication frameworks: th-cam.com/video/pd36Jay0B_8/w-d-xo.html
As always a lot of value in this video. To go a step further concerning the relation client/ consultant and Mental Models/ Frameworks. An extract from “Million Dollar Consulting: The Professional's Guide to Growing a Practice” from Alan Weiss : “There is a myth in management that leaders are paid to take action . We idolize and elevate those who are “ action oriented. ” But no one is paid to take action. People are paid to achieve results”. Steps are: 1) Idea/ insight/ concept (mental model) 2) Action (frameworks) 3) And… results especially if you are a consultant well paid 😉 Thanks a lot ! 😊
Great video Vicky. Real Q: Do you think that clients’ predisposition to overthink the problem/solution (procrastination vs action) could be caused because they are thinking that they will need to deal with the consequences of a bad decision down the road, while the consultant does not have that worry as most likely they will have moved to another assignment by then?
I think the fear of consequences is misunderstood. Many corporate cultures assume something is either successful or not. But in reality, solving any important problem requires iteration. It’s a data and insight gathering process that won’t be black and white. So the ideal assumption should be we have a hypothesis and let’s test it. If it works, great. If it doesn’t let’s see what we’ve missed. If we lived in a perfect world, consultants don’t need to exist because the client team will feel comfortable coming up with a hypothesis and test something. Knowing things can move forward regardless of the outcome. In reality, many cultures want to punt off responsibilities so consultants come in and introduce the first few steps. This way if things work, great the money paid off. If it doesn’t work, clients can blame someone, and still get the data necessary to go to the next step. Overthinking won’t bring results! Eventually we need some data. Do whatever’s needed to get some real world data!
Vicky, your videos are very insightful. I am a subscriber to your channel. This is perhaps my first comment at your channel. The cost of experimentation may be a hurdle in moving forward to gather data. The client needs to first design the right experiment. Only a consultant expert in the client's field could be able to help the client design the experiment. I don't think blaming the consultant would bode well in mature corporate cultures. This where the management team signed off on hiring the consultant, and later on approving the experiment. Bottom line, a competent consultant (subject matter expert) could help with moving forward in the execution phase. Companies may not be stuck because they procrastinate, but because they lack subject matter expertise for which they don't require a full time employee, but a consultant.
Thanks for your amazing content, Vicky! Also I'd suggest that you may consider enhancing the quality and volume of your voice in the video in the future? I have to adjust the volume to the max almost every time I watch your video to hear you clearly😬I assume there might be other audience experiencing the same issue😬Thanks!
Thank you. How do you always set me off thinking and smiling? I don't care, just keep doing this, it moves me up the vibrational level every time. Love and light. 💜
Great content, thank you so much for providing all this knowledge for free. I have a Small request, please increase the volume of your voice recordings. I have noticed the sound on all your videos are lower compared to other TH-cam videos.
Seeing this come up in my feed my first thought was ‘here’s another influencer talking shit and delivering nonsense’ but I watched anyway to see how cringe the advice was. Boy was I f__king wrong. This is an insight that blew my mind. This is one of the most if not the most valuable videos I’ve watched all year. My mind has just flashed back to so many projects and interactions. Wowsers. ❤
A masterpiece! It's good that there's a girl in Canada (which is 6,200 km from England) who is telling me about frameworks, and to orient my thinking towards action instead of procrastination: my job is to take this valuable information and to apply it quickly - before I start overthinking it!
Really enjoy your videos. I think rather than giving lots of really short examples it would be great if you chose a real life example of a business problem (ie a case study) and then explained how the process was applied and what outcomes it delivered. Thanks 🙏
Liked & Subscribed… I’ve been frustrated with focus meetings I have been a part of lately. I blamed it the overconfidence of some of my peers and their “certain” opinions when speaking up in the group. Now, after your video, I am thinking maybe I should be focused on my uncertainty instead of others certainty. I’m currently trying to get my head around thinking in systems, I think the addition of framework thinking would make for an interesting hybrid where the two schools of thought may compliment each other.
Consultants also have 0 risk and 0 bias in the situation so there is less fear. Of course a consultant can say some shit if they themselves dont have anything to lose
And that’s the thing - work cultures should embrace the scientific method and be willing to test hypothesis even if things at stake. Especially when things are at stake.
I love your videos, Vicky, and I think all of these are important skills, but the opening is a bit too flashy, hopefully viewers finish the video and watch other viedos. While I appreciate the think fast and talk smart, there is a need to reflect. I'm sorry but many people I've met from consulting to academia who talk fast and sound smart are just really using sophistry tactics. It looks shining on the outside but if someone kicks the tires it falls apart.
I think the idea of a "window of thinking" like the "window of tolerance" is great - not enough thinking is impulsivity/rashness, too much is procrastination/paralysis and "just right" is execution. What I disagree with is that "customers use thinking to procrastinate." In stable (esp. large) corporate environments, change is high risk with a large downside and low upside. Who'd take those odds, especially in a hostile/competitive environment? What they do is transfer the risk of failure across to consultants to minimize the blast radius of failure and leverage consultant credibility/articulation to break the status quo.
I went to business school with MBB consultants and worked in F500 with consultants. The reasons they come up with solutions in a month is because their solutions suck 😂 also companies don’t staff for people to solve complex problems AND do their own jobs, it’s not a lack of thinking.
you have an annoying way of speaking it's very rushed and stop start you should work on your delivery i could only get to the 4 minute mark i'll read the transcript to get through the remainder of it
@VickyZhao I really enjoy these videos. I've got a fun quote for you on the topic of taking frameworks and applying them to solve problems : "In theory there is no difference between theory and practice - in practice there is" (Yogi Berra)
I'm gonna be honest, I don't remember subbing to you, but after watching 3 minutes, I can see why I did. I relate to you and this was a really good vid
I really love your videos. Lots of thought and care go into them. BTW, I clicked the link to join your 15 frameworks course, but it just leads to a waitlist page with old dates, and it doesn't say how much the course is.
A recent framework that I thought I wouldn’t be able to apply was the RICE Scoring Method because I was preparing for an INTERNAL Product Manager position. I thought, ‘Well, Reach (R) is mainly about market size, and I will have nothing to do with that since it’s an Internal PM job.’ Then, I thought for a moment and realized, ‘Wait. It does apply. Reach can also mean how many departments will be affected by a new feature in the internal software.’ It’s a real example I experienced that highlights the importance of not limiting your thinking, especially when working with frameworks.
sorry. i watched the video twice. some parts went over more than 5 times i just don't get it ... 0:59 thinking to procrastinate - biz owners - delay decision making due to lack of certainty thinking to execute - consultants - making decisions in face of uncertainty i still don't get why we don't act when we do have all the knowledge? is it bcos the target /goal / outcome is not clearly define? such that the many options appear to be equally good that we suffer from analysis / decision-paralysis? maybe this is it? with having so many options available ... we fail to define for ourselves what our target is ... so we fall for the first easy action / distraction if we don't know what we stand for.. we will fall for anything ... (to paraphrase a quote) .
LOVE this video (all your videos) :) Just signed up to get notified about upcoming cohort! How much is the program - i don't believe I see the cost is listed on the site?
Here's what I want to know. When I operate by myself, I operate as an INTJ-A type, but when multiple stakes get involved or actors with their own opinions start derailing me, I have to risk being a totalitarian or getting awash by crippling self doubt. Do you have any suggestions on how to balance this?
I love this so much! This information is exactly what I needed to learn now. Thank you for generously sharing your knowledge and doing so with such clarity and joy!
This reminds me of an anecdote (which may be real, I don't know) that I heard first in Thomas Frank's channel about the two groups doing clay vases. And the one that made the best vase was the group that started early and did more vases. Just like you said in the beginning, we need some data to make some choice, but we may not know what data, we may not now how to get or even worse, maybe the only way to get the data is making the choice in the first place (and probably make a lot of mistakes along the way).
Consultants (having been one for virtually all my professional life) take other steps to ensure the client was right to stop at the first effective step... which often isn't all that should be done.
🎯 Key Takeaways for quick navigation: 00:00 🌍 In management consulting, consultants break down complex problems and think fast. 00:29 🤔 Consultants use "framework thinking" to simplify complex issues into fundamental building blocks. 01:12 🛑 Clients often use thinking for procrastination, while consultants use thinking for execution. 02:37 🔍 Consultants focus on the next step, accepting uncertainty as a part of the process. 03:46 🔄 Frameworks help translate "what" to "how" for practical application. 05:10 🎯 Frameworks that help you focus, segment, and challenge your world view are valuable. 08:42 🤝 It's crucial to put these frameworks into action, shifting from procrastination to taking systematic steps. Made with HARPA AI
I've been saying change is the only constant but I've never heard someone else say it. Awesome. I assume people who love science understand this. 3:112:08
Hi, I absolutely love your content. It's helped me break some mental models that eat away at my time. I checked out the website to see the course. There is a spelling error: Stop overthinking and start executing with "framekworks". I'd love to purchase the course some time in the future. This type of content really resonates with me. Thank you Sid
Iam sad to hear, how incompetent alot of corporate people seem to be :/ delay costs money - rather do a bad decision quickly than thinking too long and doing nothing - is often better - because then you know next time or can steer differently afterwards - rather produce too many t-shirts than think too long about what is the right amount for too long - ofc always about intuition. didnt expect people to think so much about simple things No wonder i just jump the corporate ladder higher and higher xD because i think different, weird stuff. I still dont like consultants, never heard anything clever from them unlike some specialists like consultants for voice communication - we as employee learnt so much there, how to catch the customer at the right point, especially us men, we often forget about taking the person from the emotional point and such
![Vicky Zhao [BEEAMP]](http://yt3.ggpht.com/BGuOSWJb0OgI0yl1M22EpVKQRiCUz6NC3AnZ7Kjh_qm9keUZcaR0qLs1rpkP7SVLVQx8hJeM2hk=s48-c-k-c0x00ffffff-no-rj)
And on a lighter note...“Give a man a fish, and you'll feed him for a day. Teach a man to fish, and you'll feed him for a lifetime. Talk to a starving man about the fundamental frameworks of how to drive fishing performance at an hourly rate and you're probably a consultant.”
The best quote ever 😎
Lol I’m putting that on my wall 😂
Wd u mind improving the audio quality, mam ?
How do you deal with uncertainty? Join me in my framework thinking course here: tinyurl.com/15frameworksin15
If you liked this video, check out:
» How to Think Fast Before You Speak: Framework Thinking th-cam.com/video/lcyHC9HLTzc/w-d-xo.html
» Why Steve Job is so articulate: th-cam.com/video/PkPfdR80u_8/w-d-xo.html
» Systems Thinking: th-cam.com/video/VUXeQGsVbqU/w-d-xo.html
» Clear communication frameworks: th-cam.com/video/pd36Jay0B_8/w-d-xo.html
As always a lot of value in this video.
To go a step further concerning the relation client/ consultant and Mental Models/ Frameworks.
An extract from “Million Dollar Consulting: The Professional's Guide to Growing a Practice” from Alan Weiss :
“There is a myth in management that leaders are paid to take action . We idolize and elevate those who are “ action oriented. ” But no one is paid to take action. People are paid to achieve results”.
Steps are:
1) Idea/ insight/ concept (mental model)
2) Action (frameworks)
3) And… results especially if you are a consultant well paid 😉
Thanks a lot ! 😊
Great video Vicky. Real Q: Do you think that clients’ predisposition to overthink the problem/solution (procrastination vs action) could be caused because they are thinking that they will need to deal with the consequences of a bad decision down the road, while the consultant does not have that worry as most likely they will have moved to another assignment by then?
I think the fear of consequences is misunderstood. Many corporate cultures assume something is either successful or not. But in reality, solving any important problem requires iteration. It’s a data and insight gathering process that won’t be black and white.
So the ideal assumption should be we have a hypothesis and let’s test it. If it works, great. If it doesn’t let’s see what we’ve missed.
If we lived in a perfect world, consultants don’t need to exist because the client team will feel comfortable coming up with a hypothesis and test something. Knowing things can move forward regardless of the outcome.
In reality, many cultures want to punt off responsibilities so consultants come in and introduce the first few steps. This way if things work, great the money paid off. If it doesn’t work, clients can blame someone, and still get the data necessary to go to the next step.
Overthinking won’t bring results! Eventually we need some data. Do whatever’s needed to get some real world data!
Vicky, your videos are very insightful. I am a subscriber to your channel. This is perhaps my first comment at your channel.
The cost of experimentation may be a hurdle in moving forward to gather data. The client needs to first design the right experiment. Only a consultant expert in the client's field could be able to help the client design the experiment.
I don't think blaming the consultant would bode well in mature corporate cultures. This where the management team signed off on hiring the consultant, and later on approving the experiment.
Bottom line, a competent consultant (subject matter expert) could help with moving forward in the execution phase. Companies may not be stuck because they procrastinate, but because they lack subject matter expertise for which they don't require a full time employee, but a consultant.
i enjoy your personality more than your advice ngl, think thats the main reason i watch :p
Lol wait who do you watch for advice?
Thanks for your amazing content, Vicky! Also I'd suggest that you may consider enhancing the quality and volume of your voice in the video in the future? I have to adjust the volume to the max almost every time I watch your video to hear you clearly😬I assume there might be other audience experiencing the same issue😬Thanks!
Yessssss! Will do. Got a new podcaster mic haha just did a test and it picks up audio so much better. And thank you for the support!!!!
Thank you. How do you always set me off thinking and smiling? I don't care, just keep doing this, it moves me up the vibrational level every time. Love and light. 💜
Thank YOU for watching! It makes me smile that you are smiling :)
I really love your content, but i can’t really watch it, because your audio is always so bad.
Great content, thank you so much for providing all this knowledge for free. I have a Small request, please increase the volume of your voice recordings. I have noticed the sound on all your videos are lower compared to other TH-cam videos.
Thank you for watching and for the request!! Yes will do for future videos!!! Good point
Seeing this come up in my feed my first thought was ‘here’s another influencer talking shit and delivering nonsense’ but I watched anyway to see how cringe the advice was. Boy was I f__king wrong. This is an insight that blew my mind. This is one of the most if not the most valuable videos I’ve watched all year. My mind has just flashed back to so many projects and interactions. Wowsers. ❤
Liked and subscribed. Very insightful. Thank you for sharing!
A masterpiece! It's good that there's a girl in Canada (which is 6,200 km from England) who is telling me about frameworks, and to orient my thinking towards action instead of procrastination: my job is to take this valuable information and to apply it quickly - before I start overthinking it!
On taking notes on this video, I discovered that it was even better than I'd realised: there's a lot of quality content packed into 9 minutes!
" Action is not theoretical, it is practical " so true
Really enjoy your videos. I think rather than giving lots of really short examples it would be great if you chose a real life example of a business problem (ie a case study) and then explained how the process was applied and what outcomes it delivered. Thanks 🙏
Liked & Subscribed…
I’ve been frustrated with focus meetings I have been a part of lately. I blamed it the overconfidence of some of my peers and their “certain” opinions when speaking up in the group. Now, after your video, I am thinking maybe I should be focused on my uncertainty instead of others certainty.
I’m currently trying to get my head around thinking in systems, I think the addition of framework thinking would make for an interesting hybrid where the two schools of thought may compliment each other.
Consultants also have 0 risk and 0 bias in the situation so there is less fear. Of course a consultant can say some shit if they themselves dont have anything to lose
And that’s the thing - work cultures should embrace the scientific method and be willing to test hypothesis even if things at stake. Especially when things are at stake.
I love your videos, Vicky, and I think all of these are important skills, but the opening is a bit too flashy, hopefully viewers finish the video and watch other viedos. While I appreciate the think fast and talk smart, there is a need to reflect. I'm sorry but many people I've met from consulting to academia who talk fast and sound smart are just really using sophistry tactics. It looks shining on the outside but if someone kicks the tires it falls apart.
I think the idea of a "window of thinking" like the "window of tolerance" is great - not enough thinking is impulsivity/rashness, too much is procrastination/paralysis and "just right" is execution. What I disagree with is that "customers use thinking to procrastinate." In stable (esp. large) corporate environments, change is high risk with a large downside and low upside. Who'd take those odds, especially in a hostile/competitive environment? What they do is transfer the risk of failure across to consultants to minimize the blast radius of failure and leverage consultant credibility/articulation to break the status quo.
I use templates on paper to process information since your first videos about zk and framework
I went to business school with MBB consultants and worked in F500 with consultants. The reasons they come up with solutions in a month is because their solutions suck 😂 also companies don’t staff for people to solve complex problems AND do their own jobs, it’s not a lack of thinking.
Your video is a lot better without that annoying 'sound effect' 👏💯↗️
Thanks 😅 at last … I know everyone’s patience was wearing thin
@@VickyZhaoBEEAMP Yeah, 'the sound setting shift that completely changed how we listen to Vicky's videos'! 🔊👂
you have an annoying way of speaking
it's very rushed and stop start
you should work on your delivery
i could only get to the 4 minute mark
i'll read the transcript to get through the remainder of it
@VickyZhao I really enjoy these videos. I've got a fun quote for you on the topic of taking frameworks and applying them to solve problems : "In theory there is no difference between theory and practice - in practice there is" (Yogi Berra)
Haha LOVE IT!! Perfectly said
I'm gonna be honest, I don't remember subbing to you, but after watching 3 minutes, I can see why I did. I relate to you and this was a really good vid
Haha lucky me this was the video you saw thanks for subscribing and watching!!!!
Please turn up the volume. I love your videos but I have to turn my volume knob way up.
As always, spectacular insight. Thanks for sharing your perspective Vicky.
Glad you enjoyed it! Thanks for watching!!
This video was so insightful. Thank you for sharing. It's really valuable 🙂
I'm so glad! Thank you for watching!!!
I really love your videos. Lots of thought and care go into them. BTW, I clicked the link to join your 15 frameworks course, but it just leads to a waitlist page with old dates, and it doesn't say how much the course is.
Thank you Jason! Yes we start the next cohort in August and we'll open registration with details later this week!
A recent framework that I thought I wouldn’t be able to apply was the RICE Scoring Method because I was preparing for an INTERNAL Product Manager position. I thought, ‘Well, Reach (R) is mainly about market size, and I will have nothing to do with that since it’s an Internal PM job.’ Then, I thought for a moment and realized, ‘Wait. It does apply. Reach can also mean how many departments will be affected by a new feature in the internal software.’ It’s a real example I experienced that highlights the importance of not limiting your thinking, especially when working with frameworks.
volume is low in this video
your audio is soooo quiet plz turn it up!
“Just focusing on the next step” - kinda like an LLM just predicting the next word :-)
😊😊😊
sorry. i watched the video twice. some parts went over more than 5 times
i just don't get it ...
0:59 thinking to procrastinate - biz owners - delay decision making due to lack of certainty
thinking to execute - consultants - making decisions in face of uncertainty
i still don't get why we don't act when we do have all the knowledge?
is it bcos the target /goal / outcome is not clearly define?
such that the many options appear to be equally good
that we suffer from analysis / decision-paralysis?
maybe this is it?
with having so many options available ...
we fail to define for ourselves what our target is ...
so we fall for the first easy action / distraction
if we don't know what we stand for..
we will fall for anything ... (to paraphrase a quote)
.
Great video, loved it
LOVE this video (all your videos) :) Just signed up to get notified about upcoming cohort! How much is the program - i don't believe I see the cost is listed on the site?
Here's what I want to know. When I operate by myself, I operate as an INTJ-A type, but when multiple stakes get involved or actors with their own opinions start derailing me, I have to risk being a totalitarian or getting awash by crippling self doubt. Do you have any suggestions on how to balance this?
This a literal gem of a video, thank you so much for sharing what you learn with us!
And thank you for watching and sharing this!! I really appreciate it 🙏🙏
I love this so much! This information is exactly what I needed to learn now. Thank you for generously sharing your knowledge and doing so with such clarity and joy!
Thank you for watching and for the support 🙏🙏 this is fuel hehe
what a good channel
This reminds me of an anecdote (which may be real, I don't know) that I heard first in Thomas Frank's channel about the two groups doing clay vases. And the one that made the best vase was the group that started early and did more vases.
Just like you said in the beginning, we need some data to make some choice, but we may not know what data, we may not now how to get or even worse, maybe the only way to get the data is making the choice in the first place (and probably make a lot of mistakes along the way).
Ohh I love the anecdote! Seeing mistakes for what they are - just a form of learning - is what’s changing the world
@@VickyZhaoBEEAMP in my experience, at least, it's THE best form of learning.
Consultants (having been one for virtually all my professional life) take other steps to ensure the client was right to stop at the first effective step... which often isn't all that should be done.
🎯 Key Takeaways for quick navigation:
00:00 🌍 In management consulting, consultants break down complex problems and think fast.
00:29 🤔 Consultants use "framework thinking" to simplify complex issues into fundamental building blocks.
01:12 🛑 Clients often use thinking for procrastination, while consultants use thinking for execution.
02:37 🔍 Consultants focus on the next step, accepting uncertainty as a part of the process.
03:46 🔄 Frameworks help translate "what" to "how" for practical application.
05:10 🎯 Frameworks that help you focus, segment, and challenge your world view are valuable.
08:42 🤝 It's crucial to put these frameworks into action, shifting from procrastination to taking systematic steps.
Made with HARPA AI
Very interesting this content. I think you can make it better with your audio . Thank you.
I've been saying change is the only constant but I've never heard someone else say it. Awesome. I assume people who love science understand this. 3:11 2:08
Brilliant❤
Fantastic
Great video and just what I needed for a situation at work. Is the speed increased or do you really speak this crazy fast?
The motion graphics make the video so much better
I started listening to your channel as an employee, now I'm seeing everything from an entrepreneur's perspective too!
Wow congratulations!! How do you like your new perspective?
@@VickyZhaoBEEAMP I love it so much. Considering I’ve been running a side hustle and want to transition into it full time, your videos help me a lot 😊
@@utubeuser7314 whats your side hustle?
gooooooooooooooooooooood Video ty ty
Ty ty for watching!!
Hi,
I absolutely love your content. It's helped me break some mental models that eat away at my time.
I checked out the website to see the course. There is a spelling error: Stop overthinking and start executing with "framekworks".
I'd love to purchase the course some time in the future. This type of content really resonates with me.
Thank you
Sid
Thank you Sid!!!! Fixed the error and see you in the course sometime!
Wonderfully articulated. Liking and subscribing!
Thank you for watching and for the support!!
This content reminds me of "The One Thing" by Gary Keller and Jay Papasan. "What is the next one thing that you can do to get you to your goal?"
Love it! Only if we asked ourselves that more often!
Great video! Thanks!
omg, I am like so guilty of everything in this video it's scary 😮
"Do to think!"
Haha aren’t we all though!
Great video!
Thank you
Excellent content
Thanks!
Thank you for making this video
Thank YOU for watching!!
Vichy, You just don't know how much you've helped me in being productive.
Thank youuu a lot !
Thank you for watching and this means the world! What project are you working on?
This is such a powerful video
Thank you for watching!!
Iam sad to hear, how incompetent alot of corporate people seem to be :/ delay costs money - rather do a bad decision quickly than thinking too long and doing nothing - is often better - because then you know next time or can steer differently afterwards - rather produce too many t-shirts than think too long about what is the right amount for too long - ofc always about intuition.
didnt expect people to think so much about simple things
No wonder i just jump the corporate ladder higher and higher xD because i think different, weird stuff. I still dont like consultants, never heard anything clever from them unlike some specialists like consultants for voice communication - we as employee learnt so much there, how to catch the customer at the right point, especially us men, we often forget about taking the person from the emotional point and such
Stare at a tree. It will solve more than any consultant if this rambling video is any sign
Please try to slow down your speaking speed, it'd hard to follow you as a not native English speaker
You can use subtitles and also can decrease the speed by yourself on TH-cam's video settings🛬
@creciendotech video speed is where it's at.
I usually watch at double for the big pictuee then go back and watch at normal speed.
@@leehayes4019 well I'm not a native English speaker either so double speed would be too extreme for me 😅