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Default to Action & Overcome the Toolbox Fallacy

toolbox-fallacy

“A good plan violently executed now is better than a perfect plan next week.” – George Patton

“Once I have X, I can do Y.”

This phrase is the defining characteristic of the toolbox fallacy: thinking you can’t do something until you have the right tool.

The toolbox fallacy is self-deception disguised as excuses or a lack of “tools”. The issue with these tools is that you believe that you need them and thus, can’t (or won’t) start a project without them.

“As soon as my Apple Watch arrives, I’ll start training for the 5K.”

The problem is when X arrives, do you crack on and get started with the Y? Often times, it’s too easy to continue down the slippery slope of toolbox logic.

“My Apple Watch arrived, but now I need a coaching app – which I am yet to have downloaded.”

So, how do you overcome the toolbox fallacy? Simple: You default to action. In other words, you get the ball rolling – whether you have all the tools you think you need or not.

The solution, in a sense, is to be more agile.

In this post I’ll be looking at how to overcome the toolbox fallacy by putting the systems in place to move fast, and with virtue. I’ll try to address:

  • How do you plan and structure clear action items, so you can move fast and be sure you’re making the right decisions?
  • How will you move fast without breaking things (by things I mean humans)?

And, to sum things up I’ll take a look at how we at Process Street use OKRs to decide when it is we should be moving fast vs when we should be slowing down.

To jump to a specific section click the appropriate links below:

Let’s start by unpacking the toolbox fallacy in more depth!
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The Benefits of Using Process Street Data Sets: A Closer Look at Their Impact on Your Business

The Benefits of Using Process Street Data Sets: A Closer Look at Their Impact on Your Business

Spreadsheets are so outdated. 

C’mon, spreadsheets are the same awkward, frustrating tool that never quite does what you need it to that I first learned to use way back.

You end up spending more time inputting formulas to make your data work than entering the data itself – and that’s presuming there isn’t a mistake in the formula that screws up your whole day.

Sure, spreadsheets are okay for some things, but can’t we do better by our information? Can’t we do better for ourselves? Don’t we deserve more efficiency, better automation, and time for that extra cup of coffee Monday morning? 

Of course we do. And that’s why Process Street created data sets

Who says we can’t have nice things?

Here’s what we’ve got:

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Tuck-In vs. Bolt-On: How Do Business Model Differences Impact Your M&A Operating Model Framework

tuck in bolt on

Every decision in an M&A is dependent on a number of variables. Making the right decision in the moment may not be the right decision down the road, but making no decision at all is worse.

The most impactful decision, though, is how the two companies will integrate (or not) once the deal closes. To some extent, this will be determined by your motivation for starting the M&A process to begin with. The similarities and differences between your business model and the business model of the company you’re acquiring will play a large role as well.

In this Process Street post, I’ll do a quick rundown of the two primary strategies, tuck-in and bolt-on, as well as everything you need to know in order to determine which is the strategy for your business.

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Top 11 Property Management Software to Streamline Real Estate Processes

Top Propert-Management-Software

“The global property management software market size was valued at USD 1.58 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 5.2% from 2020 to 2027.”Grand View Research, Property Management Software Market Size

Real estate is evolving. And technology – or to be more specific – top property management software is the driving force behind the evolution.

Fortunately for all of you real estate market players, this post is here to help you get clued up on all things tech, so you can stock your property management digital toolkit.

To find out about top property management software and to understand how it can help you mitigate human error, enhance communication, save time, and automate recurring tasks – keep on scrolling.

Or alternatively, to skip to a specific section, click the links below:

Let’s get started!
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How To Onboard Neurodivergent Employees (According to a Psychologist)

Being neurodivergent can mean many different things.

For me, it means struggling with anxiety and social interactions. For others, it could mean processing information differently than someone who is “neurotypical.”

In any case, being neurodivergent can influence our choices, decisions, and lifestyles.

This is especially true when it comes to career options. 

For example, I chose to be a writer for a reason. And it’s not only because I love to write! Pursuing this career allows me to express myself in a way I otherwise couldn’t. 

Unfortunately, not everyone gets the opportunity to do what they love, especially those in the neurodivergent community.

As it turns out, 79% of companies in the US believe that the need to train and support neurodivergent employees is much greater than their neurotypical counterparts. But around 80% of people with mental health problems and disabilities remain unemployed.

So if companies believe the support is needed, what are they doing about it?

In this article, I’m going to tackle the subject of how to effectively onboard and support neurodiverse individuals.

I’m also sharing some expert advice from Dr. Clare Mulligan-Foster, a chartered occupational psychologist with over 10 years of experience in the field.

So keep on reading!

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HACCP Plan: What It Is, Why It’s Important, & How to Do It (Free Templates)

HACCP plan

Growing up on an island, my favorite food was in abundance: Fish.

However, whenever I ate at a restaurant there was always a voice in the back of my head wondering if the fish had been mismanaged and, due to that mismanagement, I’d get sick.

My anxiety around food safety wasn’t exactly unfounded. Fish is the most commonly impacted food group when it comes to disease outbreaks, and a quarter of a million people in the U.S. get sick each year from contaminated fish. And when it comes to all food groups, the CDC estimates that a whopping 1 in 6 Americans (which equates to 48 million people) become ill each year due to foodborne illness.

However, by not coming at food safety with a HACCP approach – and by creating and following a solid HACCP plan – these figures could be far, far higher.

Ergo: HACCP is important and, as a business in the food industry, you can even be required by law to go about HACCP properly.

To help you out, in this post I’ll discuss what HACCP and a HACCP plan are in detail, HACCP’s history, the benefits, and how Process Street can help you with all-things HACCP and food safety.

Just read through the following sections:

Let’s swim through the rest of the post!

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Employee Spotlight: Anne Perry (Director, Solutions Consulting)

anne perry director solutions consulting

In celebration of International Women’s Day, we’re thrilled to shine a spotlight on one of the incredible women leaders here at Process Street – Anne Perry, Director of Solutions Consulting. Anne is a true inspiration to all of us, not only for her remarkable professional achievements but also for the warmth and positivity she brings to our team every day.

As a leader, entrepreneur, business builder, dog-mom, and all-round superstar, Anne embodies everything we stand for here at Process Street. Her commitment to excellence, coupled with her unwavering passion for empowering teams to achieve their full potential, makes her an incredible asset to our organization.

In this blog post, we’ll take the opportunity to get to know Anne a bit better, explore her journey to becoming a leader in her field, and learn from her invaluable insights and experiences. So, without further ado, let’s dive in and celebrate the amazing woman that is Anne Perry!

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We Analyzed 180K Business Proposals (You’ll Never Guess What We Found!)

business proposal

This is a guest post by Adam Hempenstall, who is the CEO and Founder of Better Proposals – simple proposal software for creating beautiful, high-impact proposals in minutes. Having helped his customers win $500,000,000 in the last 12 months alone, he’s launched the first Proposal University where he shares best practices on writing and designing proposals.

A great business proposal means the difference between an unsigned contract and a successful deal. A poorly written business proposal will get turned down, even if the offer is good.

Business proposals are considered to be an art form that only the extremely skilled can write.

However, after analyzing over 189,000 successful business proposals, I can tell you that there’s no secret to writing a great proposal.

Allow me to elaborate as I take you through our analysis findings, and run through the following topics, in this Process Street post:

Let’s get started.

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Remote Team Bonding: How Process Street Connected in Portugal 

Finding ways for remote teams to bond can be a real challenge. So much so that it’s often neglected by leadership.

However, it’s incredibly important to make team bonding a priority. It makes employees feel more engaged and increases morale. This goes for any company, but it’s especially true for remote companies where employees have little to no opportunity to meet in person.

We at Process Street had the chance to meet all together for the first time in 2022. The bonds we made on a three-day retreat were stronger than the ones we made after years of Zoom meetings. And those bonds have changed how we work together. 

In this post, I’m walking you through what team building is, how to do it successfully, and how we at Process Street were able to fly our team to Portugal for a team bonding retreat.

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Supercharging Operational Efficiency with Nick Sonnenberg (Leverage CEO)

improve operational efficiency

This article is based on a segment from Process Street‘s Highway 2021 virtual event, where Leverage CEO Nick Sonnenberg shares with us how his team kicked their operational efficiency into overdrive from start to finish.

Supercharging Operational Efficiency with Leverage CEO Nick Sonnenberg was the fourth segment of Highway.

You can check out our playlist of the full Highway event here, and don’t forget to create a Free Account with Process Street!

Here’s the Supercharging Operational Efficiency with Nick Sonnenberg segment in full:

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