Tuesday, October 21, 2008

More Power Equals More Responsibility?

Anyone ever hear the story where an investment bank manager is trying to determine how to evaluate his three junior analysts? Their all smart, competent, and junior. All have a great show great potential in their quality of work since they join the company; so how does the manager really get to know his employee's character beneath the persona they project? Now the manager is going away on vacation next week, and decides to give one analyst a $1,000,000 portfolio, the second a $500,000 portfolio, and the third one a $100,000 portfolio, there was no real specific way he chose, except he just wanted to see their response and the results from each of them with what is given.

Now can you imagine what each analyst must feel. I know there would be a sense of competition to win, but then again, if I was given 1/10 of the someone else, I wouldn't think it to be a fair competition. If i was the analyst given the million. I'd think, great, he's looking at me as the front runner, I need to really perform to prove he's right (or i could slack off...). Second, if I was second, I might think... alright, I can do my best, and if i do better than the first analyst, I might be given a promotion. But if I was the third guy, I might have a defeated attitude and think I've already been written off.

After a month, when the manager returned, he found the analyst with the million maximize his given resource, and got a return of about 10%, as did the second analyst, gaining about 10%. However, the third analyst have already internalize the situation and placed himself in 3rd place by minimizing any risk and just put the money in away in GICs.

The manager was extremely please with the work of the first 2 analyst, while the third he was disappointed with. Now I understand this story might sound bias and one sided, and almost even unfair. But here's the thing, I think I am beginning to understand just what the manager is looking for. I've always thought of the story as being the third analyst, and how unfortunate it was that he was placed in such a situation. But I think I finally come to realize, that if I was the manager, I just want someone that really understands what I am about, and what I am trying to do. Yes the overall result is absolutely important, but I am not trying to compare with the same scale the net earnings of each one, because my point wasn't to measure the overall $ gained. But that each analyst worked their hardest to because they knew I entrusted them with something. I realize how often I tend to internalize a "pity me" attitude. I use to look at my own situation, and realize what an uphill battle I must fight, and the unfortunate thing is that my never give up attitude kept me away from seeing the bigger picture. Instead, I was often just fighting the wrong battle. If i understood what my manager wanted, and I stop seeing what I can do to "impress" him, or find flaws in the other analyst so that I could be different or better. Instead, just realize that I will worked for my manager, the entire system makes a whole lot more sense.

In case anyone is wondering, I got the story from Matthew 25-14-28 in the bible. They tell it much better. The reason i was thinking about the story is this. I feel that lately... and this has been a slow and steady trend, i feel i've been given more responsibility, not a one off, or an opportunity that arise, but steadily, and more often. These opportunities seem to be related in discussing with other situation in life, and developed point of views. It's pretty amazing because I feel as though if given these test again, i might not pass, but God whom i believe controls these events believe that I am actually more ready then i believe are putting me in situation where I have some influence, and can share my thoughts and concern. In fact, I thought i might of failed today, in setting up a convincing argument. And i felt a little sad because I was concern about the potential outcome. I said a quick prayer which I'm certain He already knew what I was concerned about. And within minutes, the same decision was reverse. I was so relieved! I was completely reminded that I just need to work with what I am given. As long as i'm seeking to do what is good and right, I can be certain that it is not the end result that I need to worry about, but that the intent and motives are what are important.













Anyhow, just want to leave a couple pictures for you guys.
London with Harmony

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