8 sins of the stupid smart person

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Why is it that many of us who are fairly smart do stupid things? While doing research on why CMOs fail, I came across a book that has some relevancy, Why Smart People Can Be So Stupid, by Robert J. Sternberg, IBM professor of psychology and education at Yale. The most interesting chapter is by Harvard researcher David N. Perkins, who believes that you can be really smart but not know when to engage your smartness, and the extent to which this happens is “stupidity.”

Perkins highlights eight deadly sins of the stupid smart person:

  1. impulsiveness (doing something rash)
  2. neglect (ignoring something important)
  3. procrastination (actively avoiding something important)
  4. vacillation (dithering)
  5. backsliding (capitulating to habit)
  6. indulgence (allowing oneself to fall into excess)
  7. overdoing (like indulgence, but with positive things)
  8. walking the edge (tempting fate)

While I’m early into the research, my hypothesis is that CMOs fall into stupid territory most often by engaging in #s 1, 5 and 8.

Your thoughts?

CMOs fail because they're not interested in customers (Takeaways from new Forrester/Heidrick & Strugggles study)

One big reason CMOs last an average of only 21 months may be that few view customers as especially important. In a new study by Forrester Research and Heidrick & Struggles CMOs rated customer-oriented competences far down their priority lists.

When asked about which five competencies are most important to personal success:

  • Less than 40% included being the voice of the customer.
  • Just over 20% included listening to/interacting with customers.
  • Less than 10% included personal knowledge of customers.

Yet 60% of these same marketing execs said that acquiring new customers was their top marketing objective. And more than 70% said visioning and strategic thinking were top competencies for personal success. How do you accomplish either without really understanding customers?

Also interesting: Web 2.0 trends like customer communities and social computing have the most potential to help marketers efficiently and effectively understand customers and prospects, yet marketers rated these as the least important tools for their marketing organization’s future success. A glimmer of hope — they expressed more interest in learning about these approaches than in most of the tools rated highly-important, like customer trends and Web analytics.

Remember James Carville’s famous line back in the first Bill Clinton presidential campaign, “It’s the economy, stupid.” Adapted to marketing: “It’s the customers, stupid.”

If Budha were a CMO

Mark Rovner of Sea Change Strategies has a great guest post over at Katya’s Non-Profit Marketing blog musing about what marketers and communications professionals can learn from Buddhism:

  • The whole point of everything is not to gain but to lose. Enlightenment comes when you lose your distraction, your pre-conceptions, and your obscurations.
  • When you strip away clutter, brilliance ensues. When you strip away all the ifs, ands, and buts of who your organization is and what it’s all about, your true brand, in its naked accessible simplicity, can shine out.
  • Clarity and openness are more important than gimmicks or cleverness. Nuff said.
  • How you are is more important than what you say. It’s sort of ironic that we spend so much time fussing over “messaging” when the 3,000 other ways we reveal ourselves speak so much louder than the words we choose.

Wow. Thanks, Mark.