Principle of ‘No Surprises’ with Spencer Lowe - Episode 53

Lessons in Leverage

In this episode of Lessons in Leverage, Spencer delves into the project management concept known as the Principle of No Surprises. Spencer unpacks why humans are naturally resilient to problems and changes when they are expected, but become emotional and difficult to manage when caught off guard. He emphasizes that while unexpected events will inevitably occur, the key is how one handles and communicates these surprises. Spencer discusses practical ways to mitigate the frequency of surprises for both internal teams and clients by anticipating problems, updating communication plans, and setting realistic expectations. He also highlights the importance of transparently sharing assumptions and creating wiggle room to manage risks effectively. By mastering the Principle of No Surprises, professionals can significantly enhance trust and reliability in their relationships with clients and colleagues, ultimately leading to increased value and success in their roles.

Takeaways

1. Expect and Prepare for Problems:
2. While unexpected events are inevitable, the key is how you prepare for and communicate about them.
3. Anticipate Issues:
4. Work on gaining experience and refining your skills to better anticipate potential problems.
5. Communicate Assumptions:
6. Sharing what you assume in your planning can prevent misunderstandings and last-minute surprises.
7. Set Conservative Expectations:
8. For clients, offer timelines and budgets that account for potential setbacks to build trust and ensure you can meet or exceed expectations.
9. Internal Communication vs. Client Communication:
10. Be more detailed in internal communications about potential issues, while being concise yet transparent with clients.
11. Value of No Surprises:
12. Mastering this principle builds trust, reliability, and can significantly alter how people perceive your value, even if the actual work hasn't changed.
13. Self-Reflection:
14. Regularly evaluate areas where surprises happen and develop strategies to mitigate them.
15. Manage Risks:
16. Include padding in your estimates for time and budget to accommodate for potential difficulties, and work to mitigate those risks.

Episode Resources

Podcast Links 🔽

• Connect with Spencer Lowe on LinkedIn
• Learn more about SOLVD.cloud