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Most people don't know about 
bottlenecks. 

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They do know about queues 
though. 

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You see a queue of people lined 
up at a cinema waiting to get 

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their popcorn. 
You know that there's something 

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slowing it down. 
If the queue is growing, you 

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know it's costing you money. 
If you're not cognizant of 

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bottlenecks, there is an 
unbelievable amount of wasted 

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effort, in some cases actually 
not even pushing the needle 

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ineffectually, but pushing it in
completely the wrong direction. 

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We talked about the the 
bottleneck theory. 

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We're just talking about 
contrarian thinking unlocking 

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like unlocking complicated 
problems have been in a very 

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simply. 
And then he mentioned your 

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theory or your, your, your book 
and the conversations you've 

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been having around the 
bottleneck theory. 

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And we're like, actually, we 
should make other people Privy 

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to this conversation even more. 
So we should make sure that we 

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get clock involved in one of 
these conversations as well. 

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And then that got really, really
exciting. 

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And then so that's why this is a
monumental moment and milestone 

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for the Bottleneck podcast. 
But before we go and dive into 

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the conversation, for those that
are not familiar with your work,

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it'll be great for you, for you 
to give us a bit of a an insight

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into Clark, but then also 
Bottleneck from your 

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perspective. 
Absolutely. 

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I'm, I'm you've actually written
the book called The Bottleneck 

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Detective and it's subtitled by 
the way, the fast, no fluff turn

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around guide for struggling 
small businesses and a lot of 

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your works obviously influenced 
by Eli Goldratt and the theory 

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of constraints. 
When I first met Alfred, it was 

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in the context of, I think you 
had on your, on your lanyard, 

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the butterfly effects. 
And those, those are two things 

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that absolutely fascinate me. 
And of course they're often one 

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and the same thing. 
A butterfly effect is actually 

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achieved because there's a 
bottle back. 

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So in other words, this is where
a tiny intervention, sometimes 

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psychological, sometimes 
mechanical, sometimes 

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organizational, can just have 
absolutely disproportionate 

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effects because you're actually 
kind of surgically, it's kind of

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the sort of, I guess, the 
corporate equivalent of keyhole 

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surgery. 
You're absolutely surgically 

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intervening in the place where 
change really matters rather 

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than in the 50 other seemingly 
attractive and sensible places 

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where change doesn't actually 
make any difference because the 

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bottleneck's somewhere else. 
But by the way, one other thing 

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I need to tee up is you've also 
written a book about Winston 

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Churchill's ingenious problem 
solving skills, because that's 

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something that's always occurred
to me. 

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There are quite a few occasions 
where clearly in the same way 

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that Warren Buffett and for 
example, well, I mean Elon, but 

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also emphatically Jeff Bezos, 
part of the reason for their 

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success is a really unusual 
approach to decision making. 

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I think that's also massively 
true of Churchill, by the way. 

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By the way, sometimes it was a 
bit silly. 

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I mean, I'm doubtedly the people
around Churchill had to spend 

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quite a lot of time reining him 
in. 

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But nonetheless, if he hadn't 
been there, things might have 

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been very different. 
Yeah, fire away on the 

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bottlenecks because we love 
this, right? 

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OK, so I'm going to do a Rory 
and I'm going to start talking 

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and you guys stop me. 
Stop me when you want to have a 

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little interruption. 
OK, So, hey, look, it is 

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absolutely delightful to be 
talking to both of you. 

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I, I must admit, I, even though 
you're world famous on LinkedIn 

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elf, I, I, I only came across 
you just just in the last couple

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of weeks, obviously, but I, I've
just done your course, the one 

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unteachable, the public. 
What is it? 

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Branding, personal branding and,
and, and it's lovely, lovely, 

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really, really cool. 
I, I feel like I actually got a 

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sense of who you are now. 
So yeah, that that was really 

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neat. 
And, and if it, and now I'm 

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just, I'm not going to get to 
the real bottlenecks, but one of

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the bottlenecks in my life is 
always been that I've had an 

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engineer's brain. 
And it's not until I got into 

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my, I guess, late 40s that I 
understood finally the need to, 

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to think about brand and 
perception and all that kind of 

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stuff. 
And a lot of that's do to do 

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with to do with Rory's 
influence. 

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So I actually, I have two heroes
in, in the world, in the 

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professional world. 
And one of them is Ellie 

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Goldratt. 
And he was the creator of the 

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theory of constraints, which has
got this like the most boring, 

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boring, boring name on Earth. 
It's like theory and of and 

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constraints. 
It doesn't tell you what it is. 

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But if if you just look where it
came from, it started with him 

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studying physics years ago. 
The the flow of fluid from a 

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physics point of view. 
He he got the idea of 

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bottlenecks. 
And then he went off and visited

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00:05:05,520 --> 00:05:10,720
his uncle who ran AI think it 
was a fun and they made poultry 

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cages or something like that. 
And he looked there and he 

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realised that the that the place
was not performing so well. 

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So he went in and he'd found the
bottleneck, which in this place 

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had been running for a long 
time. 

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He found this little bottleneck 
and he went in and he hired, he 

95
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convinced his uncle to hire 
someone to put it in the 

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00:05:29,840 --> 00:05:32,480
bottleneck spot. 
And suddenly production just 

97
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zoomed through the roof. 
Unfortunately, they actually 

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made far more than they could 
sell. 

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They used all of their cash, and
within a few months, his uncle 

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00:05:43,320 --> 00:05:46,360
was bankrupt. 
But Ellie never told that story.

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In a sense, what he'd done is he
discovered a new bottle back 

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now, which was sales. 
With sales, sales. 

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Exactly. 
So the bottle back was actually 

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downstream of production, not 
upstream production. 

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Fantastic. 
Yeah. 

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And, and, and that's actually 
when he turned his mind to 

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looking at bigger things. 
Well, he obviously went and came

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up with some fancy algorithm 
that he sold to all of the 1970s

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eighties manufacturers that was 
based on the idea of 

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bottlenecks. 
But he also added a lot of work 

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around accounting and accounting
for for making money, not 

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accounting for counting up stuff
and paying you tax. 

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And there's an enormous 
difference. 

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So he, he, he, I, I discovered 
his book, The Goal in 1996, I 

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think it was. 
And then just Fast forward to, 

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to now. 
And that's what I've been 

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basically doing since then. 
Is it I, I do it quite different

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to what Ellie did. 
Ellie worked with factories. 

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I work with knowledge workers 
and I, I, I work with managers 

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nowadays, but I used to work 
with software development teams 

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and now I work with the, the, 
the, the leaders and the 

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managers of those teams. 
And it's, it's almost exactly 

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the same and totally different 
when you're working with people,

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machines don't have opinions, 
machines don't play politics, 

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people do. 
Machines don't have trust issues

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and, and confidence issues and, 
and so on and so on. 

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So it's a really, really 
interesting world. 

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We, I'll, I'll, I'll give you a 
lovely example of this, which is

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both psychological and by the 
way, people in marketing could 

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benefit an awful lot from 
talking to people in, you know, 

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experts in manufacturing or 
supply chain or whatever it may 

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be and vice versa. 
Because we probably don't 

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consider the systemic elements 
of a problem enough and they 

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don't consider the psychological
elements. 

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I'll give you a lovely example, 
by the way. 

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London City Airport, which any 
Londoner will know, is just a 

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freakishly efficient airport 
given its small size. 

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They they're run by a company 
called Global Infrastructure 

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Partners and they brought in 
people not with airport 

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expertise, they brought in 
people with kind of production 

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line expertise. 
Right. 

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But it could also be 
psychological, of course, 

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because the way to relieve a 
bottleneck may rely rely in how 

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people think. 
I'll, I'll give you, I'll give 

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you an interesting idea of one 
that is a bit of both, which 

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only occurred to me the other 
day. 

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We have a problem with the NHS, 
which is too many people 

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requesting GPS appointments, the
things that don't really require

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a General practitioner, or at 
least don't require a General 

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practitioner yet. 
And it suddenly occurred to me 

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that, OK, there's a, a, a, a 
systemic component to that, 

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which is if you could get people
to go to the pharmacist before 

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they went to the doctor, the 
pharmacist could head off quite 

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a lot of the past. 
And the pharmacist, of course, 

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has an interest in doing this 
because you might buy some 

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toothpaste, a packet of aspirin 
at the same time, OK. 

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Also, pharmacists are vastly 
better trained than people 

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00:09:01,400 --> 00:09:03,920
think, I think. 
I think people generally think 

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it's a shopkeeper in a white 
coat, whereas in fact, they're 

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00:09:06,760 --> 00:09:09,480
extremely highly trained. 
And then it suddenly occurred to

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me there's another psychological
solution to this, which is, 

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which is both psychological and 
systemic, which is if you made 

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it widely understood that 
pharmacists could get you 

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priority GP appointments if 
necessary, people who are 

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desperate to see the GP would go
to the pharmacist and 50% of the

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time the pharmacist would say I 
can prescribe antibiotics, which

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they now can in the UK. 
Previously they couldn't, OK, 

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because pharmacists couldn't 
prescribe antibiotics, only 

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doctors could. 
Now they can for a certain 

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number of conditions. 
OK, that's actually quite clever

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because people would 
automatically go to the doctor 

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because they go. 
There's no point in going to the

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pharmacist because if it 
requires antibiotics, I'll just 

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need to go to the bloody doctor,
OK? 

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So it's a waste of time. 
So I'll go straight to the 

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doctor. 
And here we have this very all 

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00:10:01,520 --> 00:10:03,760
credit to the government person 
who thought of that, which is 

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once you, once consumers know 
that a pharmacist can give you 

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antibiotics, even if the 
pharmacist says I can give you 

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antibiotics but you don't need 
them, OK. 

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That's fundamentally changed 
things. 

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And it's a classic case, I 
think, which is a mix of systems

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00:10:19,320 --> 00:10:22,640
thinking in an engineering 
sense, in a sense of, you know, 

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order of events and psychology. 
US totally, totally. 

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00:10:27,080 --> 00:10:32,480
And and that's the that that 
that in my formula, the focus 

186
00:10:32,480 --> 00:10:35,280
formula I have for managing 
bottlenecks is curation. 

187
00:10:35,360 --> 00:10:38,120
That so that that's curating. 
It's looking at the stuff that's

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00:10:38,120 --> 00:10:40,840
coming in and going, hey, how 
can we send stuff even if it's 

189
00:10:40,840 --> 00:10:43,320
less efficient? 
How can we send it away from 

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00:10:43,520 --> 00:10:48,200
this really, really scarce 
bottlenecked resource? 

191
00:10:48,560 --> 00:10:52,440
By by the way, my bottleneck 
book is actually has made it's 

192
00:10:52,440 --> 00:10:58,760
way into the the civil servant 
part of Downing Street, but I 

193
00:10:58,760 --> 00:11:03,240
don't know how far it's gone, 
but so I'll, I'll claim that one

194
00:11:03,240 --> 00:11:07,240
as my, my, my victory jokingly. 
Yeah. 

195
00:11:08,120 --> 00:11:11,080
OK, so, so that's, that's good. 
I like that now, now I told you 

196
00:11:11,080 --> 00:11:14,840
there were two people, right? 
And the other one is the is is, 

197
00:11:14,840 --> 00:11:17,920
is one of the handsome men on 
the phone on the on the Zoom 

198
00:11:17,920 --> 00:11:20,160
call here. 
So I've got 2 great influences 

199
00:11:20,160 --> 00:11:26,680
in my life and Rory, genuinely 
your way of thinking has just 

200
00:11:26,680 --> 00:11:31,720
messed with my engineering brain
so much. 

201
00:11:32,200 --> 00:11:35,000
It's just wonderful. 
And I and I, I, I'm sure that 

202
00:11:35,000 --> 00:11:37,360
everyone that that listened to 
this has probably read your 

203
00:11:37,360 --> 00:11:40,760
book, but if they haven't, they 
should go out. 

204
00:11:41,000 --> 00:11:43,760
And it's fascinating, one of one
of the best reviews I got. 

205
00:11:43,760 --> 00:11:45,280
Well, I haven't done any shit 
reviews. 

206
00:11:45,280 --> 00:11:47,360
I don't want a bit. 
But one of the most flattering 

207
00:11:47,360 --> 00:11:51,240
reviews to me personally was one
in the Wall Street Journal by 

208
00:11:51,240 --> 00:11:52,880
actually a software engineer. 
Yeah. 

209
00:11:54,000 --> 00:11:57,120
And his conclusion was I 
suddenly realized I have a 

210
00:11:57,120 --> 00:12:00,280
second string to my bow. 
Yes, totally. 

211
00:12:00,280 --> 00:12:02,080
Which I which I thought was 
actually the perfect way of 

212
00:12:02,080 --> 00:12:03,800
putting it. 
I don't claim, by the way. 

213
00:12:04,160 --> 00:12:08,520
And I have huge, huge reverence 
for actually physicists, 

214
00:12:08,520 --> 00:12:12,840
engineers and everybody else 
because they can often see 

215
00:12:12,840 --> 00:12:17,400
things that we don't completely.
And actually, you know, let's be

216
00:12:17,400 --> 00:12:19,840
honest, you know, the success 
rate of engineering has been 

217
00:12:19,840 --> 00:12:21,040
pretty good. 
You know, we. 

218
00:12:21,880 --> 00:12:24,400
But at the same time, what I, 
what I, what I am always 

219
00:12:24,400 --> 00:12:26,400
cognizant of is there's the 
second string to the bone. 

220
00:12:26,560 --> 00:12:30,680
I'll tell you a lovely story 
about that, which was I met, 

221
00:12:30,680 --> 00:12:34,160
this is about 10 years ago. 
I'm at an Oxford high table 

222
00:12:34,160 --> 00:12:37,640
sitting next to a guy who's an 
absolute expert in green energy.

223
00:12:38,000 --> 00:12:40,320
OK, have I started talking 
about? 

224
00:12:40,320 --> 00:12:43,760
Are there things we can do 
behaviourally which help solve 

225
00:12:43,760 --> 00:12:46,120
the problem? 
EG if you put your washing 

226
00:12:46,120 --> 00:12:50,360
machine or tumble dryer on at 
10:00 at night in the UK, it's 

227
00:12:50,360 --> 00:12:53,440
probably sort of nuclear powered
or powered by clean energy. 

228
00:12:53,440 --> 00:12:55,080
Or at least the odds are fairly 
high. 

229
00:12:55,280 --> 00:12:59,240
If you put it on at let's say 
5:30 in the afternoon someone 

230
00:12:59,240 --> 00:13:01,520
might need to fire up a 
coal-fired power station. 

231
00:13:01,720 --> 00:13:06,720
OK, so simply getting people to 
time shift would would 

232
00:13:06,720 --> 00:13:09,960
effectively help relieve an 
energy bottleneck, which is a 

233
00:13:09,960 --> 00:13:11,840
chronological bottleneck in this
case. 

234
00:13:12,320 --> 00:13:14,160
Anyway. 
The guy who was a brilliant 

235
00:13:14,160 --> 00:13:16,760
engineer looked to me as if I 
was nuts, OK. 

236
00:13:17,040 --> 00:13:19,200
And more or less sort of turned 
and talked to the person next 

237
00:13:19,200 --> 00:13:21,760
door. 
And I literally for five years I

238
00:13:21,760 --> 00:13:23,920
thought, OK, I'm clearly wrong 
about this. 

239
00:13:23,920 --> 00:13:26,640
I'm clearly talking bollocks. 
Don't say it again. 

240
00:13:27,000 --> 00:13:29,000
Shut up because you're making 
yourself look stupid. 

241
00:13:29,000 --> 00:13:32,720
And then of course, in the UK, 
we now have octopus energy. 

242
00:13:33,880 --> 00:13:38,520
Greg Jackson absolutely 
understands that a very 

243
00:13:38,520 --> 00:13:42,440
significant part of actually of,
of the green transition isn't 

244
00:13:42,440 --> 00:13:45,040
necessarily producing or 
distributing energy in different

245
00:13:45,040 --> 00:13:47,680
ways. 
It's getting a, not necessarily 

246
00:13:47,680 --> 00:13:52,400
everybody, but a significant 
number of people at a bottleneck

247
00:13:52,400 --> 00:13:56,240
moment in energy demand to shift
their behaviour a bit. 

248
00:13:57,320 --> 00:14:00,280
And I I I finally felt a bit 
vindicated because I literally 

249
00:14:00,280 --> 00:14:04,040
spent after this guy was so 
weird, you know, treating me as 

250
00:14:04,040 --> 00:14:07,440
if I was basically deranged. 
I basically didn't mention this 

251
00:14:07,440 --> 00:14:10,400
point for about another 5 or 6 
years for fear of looking 

252
00:14:10,400 --> 00:14:12,800
stupid. 
It is funny a bit fresh eyes 

253
00:14:12,920 --> 00:14:15,480
that that that's the whole thing
in in my bottleneck detective 

254
00:14:15,480 --> 00:14:16,760
book. 
That's one of the recurring 

255
00:14:16,760 --> 00:14:19,680
things, a little character. 
And you know, it's it's it's a 

256
00:14:19,680 --> 00:14:23,120
very, very short book, but it's 
got a little character teenager 

257
00:14:23,360 --> 00:14:26,840
who can see bottlenecks. 
We can see cues and and just 

258
00:14:26,840 --> 00:14:28,920
constantly this thing. 
It's just like fresh eyes, 

259
00:14:30,160 --> 00:14:33,600
people who are inside a 
situation just just can't see 

260
00:14:33,600 --> 00:14:35,560
their own situation. 
I, I know it's true for me. 

261
00:14:35,800 --> 00:14:39,320
I know it's true for everyone 
that, that, that I know. 

262
00:14:39,320 --> 00:14:43,680
And you get stuck just thinking 
that the status quo is what 

263
00:14:43,680 --> 00:14:46,280
you've got. 
There's a, there's a lovely, 

264
00:14:46,280 --> 00:14:49,320
the, the, the expression that 
you have that you mentioned as 

265
00:14:49,320 --> 00:14:54,440
one of the physicists mentioned 
about the opposite of a, a, a, a

266
00:14:54,520 --> 00:14:56,640
good idea can actually be a good
idea. 

267
00:14:56,880 --> 00:14:59,400
And it's like, that's not 
intuitive. 

268
00:14:59,400 --> 00:15:02,600
But then if you talk to a 
scientific or mathematic person,

269
00:15:02,600 --> 00:15:06,880
you ask them what sqrt 49 is and
then they go 7 and then they go,

270
00:15:07,320 --> 00:15:12,840
oh, no, no, no, it's also a -7. 
So the opposite of the right 

271
00:15:12,840 --> 00:15:15,240
answer is actually also the 
right answer. 

272
00:15:15,760 --> 00:15:18,840
I, I, I only, I honestly think 
that there's all these things 

273
00:15:18,840 --> 00:15:23,640
that are as clever people learn,
but there's nothing like getting

274
00:15:23,640 --> 00:15:27,000
someone with fresh ice to come 
and just look, aim, just, I 

275
00:15:27,000 --> 00:15:28,720
don't know what. 
WTF. 

276
00:15:29,080 --> 00:15:32,400
Yeah, yeah. 
Going back to both of your 

277
00:15:32,400 --> 00:15:35,840
points, I often talk about the 
art and science of things, 

278
00:15:35,880 --> 00:15:38,320
right? 
A lot of the times, especially 

279
00:15:38,320 --> 00:15:42,160
in modern day society, people 
see those as like not enemies or

280
00:15:42,160 --> 00:15:44,880
two different spectrums. 
But really, when you fuse the 

281
00:15:44,880 --> 00:15:47,520
two, you realize that you're 
more alike than you think. 

282
00:15:47,800 --> 00:15:52,680
And if you actually almost like 
act more like a Venn diagram and

283
00:15:52,680 --> 00:15:57,120
solve problems together, 
obviously blue sky thinking out 

284
00:15:57,120 --> 00:16:02,000
the box, thinking with data and 
also almost like a logic to back

285
00:16:02,000 --> 00:16:03,720
that up. 
That's usually the winning 

286
00:16:03,720 --> 00:16:06,080
combination. 
That's the reason why often than

287
00:16:06,080 --> 00:16:11,240
not, winning start-ups or or 
founding duos often more 

288
00:16:11,240 --> 00:16:15,040
successful than those that are 
only a singular right. 

289
00:16:15,600 --> 00:16:18,160
Yeah, it's 1 + 1 = 3, isn't it 
so often? 

290
00:16:18,840 --> 00:16:20,800
Yeah. 
I want to ask you a question 

291
00:16:20,800 --> 00:16:23,400
because I think, you know, I've 
had the same experience. 

292
00:16:23,720 --> 00:16:31,000
You, you I if I read correctly, 
you did your your dissertation. 

293
00:16:31,280 --> 00:16:33,480
Yeah. 
And that changed your life 

294
00:16:33,480 --> 00:16:34,760
because you went on and made it 
real. 

295
00:16:35,160 --> 00:16:38,160
Yeah. 
And yet, am I right that when 

296
00:16:38,160 --> 00:16:40,960
you did your dissertation, you 
were almost laughed at? 

297
00:16:42,720 --> 00:16:45,880
Oh, yeah. 
So, so just a bit of background.

298
00:16:45,880 --> 00:16:49,720
So I was obviously born in the 
Democratic Republic of Congo, 

299
00:16:50,160 --> 00:16:54,520
moved to the UK when I was 14, 
my dad growing up as a doctor. 

300
00:16:54,520 --> 00:16:58,680
And that was my life's ambition.
If anything, when you grow up 

301
00:16:58,680 --> 00:17:02,080
being African, that's almost 
like the only answer. 

302
00:17:02,080 --> 00:17:04,160
You're either a doctor, engineer
or a lawyer, right? 

303
00:17:04,160 --> 00:17:07,560
And I had a doctor in my family.
So it was almost like written in

304
00:17:07,560 --> 00:17:10,839
stone. 
And then I realized that I was 

305
00:17:10,839 --> 00:17:13,000
shit at science, right? 
So I had to figure something 

306
00:17:13,000 --> 00:17:16,079
else out. 
And I never use a computer, 

307
00:17:16,400 --> 00:17:19,560
never used. 
Actually, the iPhone was 

308
00:17:19,560 --> 00:17:23,520
launching and Steve Jobs was 
doing the iPhone keynote. 

309
00:17:23,960 --> 00:17:25,680
And that made me fall in love 
with storytelling. 

310
00:17:25,680 --> 00:17:30,040
And then obviously I've never 
seen a business person like that

311
00:17:30,040 --> 00:17:31,360
before. 
I've never seen a business 

312
00:17:31,360 --> 00:17:34,840
person not wearing a suit 
speaking in very like simple 

313
00:17:34,840 --> 00:17:39,360
languages, explaining and 
talking about technology and and

314
00:17:39,360 --> 00:17:43,080
intelligence that my simple 
brain couldn't comprehend. 

315
00:17:43,280 --> 00:17:45,200
But then he was able to do it in
through storytelling. 

316
00:17:45,200 --> 00:17:48,960
So marketing got me to fall in 
love with this space by Steve 

317
00:17:48,960 --> 00:17:52,920
Jobs. 
Then Mark Zuckerberg's saying no

318
00:17:52,920 --> 00:17:55,960
to a billion dollars from Yahoo 
and building a tool that me and 

319
00:17:55,960 --> 00:17:59,600
my friends were utilizing back 
home coming to fall in love with

320
00:17:59,600 --> 00:18:00,920
the social media marketing 
thing. 

321
00:18:00,920 --> 00:18:04,040
But I decided to write about it 
because I felt that actually, if

322
00:18:04,040 --> 00:18:06,320
you think about marketing and 
and what we were learning at the

323
00:18:06,320 --> 00:18:08,520
time was all about product 
place, price promotion. 

324
00:18:08,520 --> 00:18:11,840
So the four PS right. 
But when you realize that place 

325
00:18:11,840 --> 00:18:14,840
doesn't necessarily need to be a
physical space, it's where 

326
00:18:15,440 --> 00:18:19,000
attention, where your mind is as
well, it is just perfectly 

327
00:18:19,000 --> 00:18:21,960
logical to me that actually 
place could be where we live 

328
00:18:21,960 --> 00:18:25,120
online, right? 
And if anybody can capitalize on

329
00:18:25,120 --> 00:18:30,760
that very underpriced resource, 
right, of attention, if it just 

330
00:18:30,760 --> 00:18:33,680
made a lot of sense to me. 
And I just felt that small to 

331
00:18:33,680 --> 00:18:36,600
medium sized businesses were 
going to move faster, innovate 

332
00:18:36,600 --> 00:18:39,160
quicker, and we're actually 
going to dethrone the larger 

333
00:18:39,160 --> 00:18:41,720
competitors. 
And my lecturer basically marked

334
00:18:41,720 --> 00:18:44,560
me down for being in cuckoo land
and the fact there was a lack of

335
00:18:44,560 --> 00:18:47,320
Harvard reference. 
So then I decided to become that

336
00:18:47,320 --> 00:18:48,800
reference, right? 
So might not. 

337
00:18:48,800 --> 00:18:51,480
Make it real, yeah. 
Exactly, exactly. 

338
00:18:51,480 --> 00:18:52,880
Why not? 
Why not make it real? 

339
00:18:52,880 --> 00:18:55,800
But going back to the whole 
concept of bottlenecking and, 

340
00:18:55,800 --> 00:19:00,040
and I think that Rory touched 
on, on Elon, for example, 

341
00:19:00,360 --> 00:19:02,480
basically all it is. 
I've got to go back on that a 

342
00:19:02,480 --> 00:19:04,840
bit. 
You're literally marked down. 

343
00:19:04,840 --> 00:19:07,320
Were you? 
Because effectively what you've 

344
00:19:07,320 --> 00:19:10,840
done is you've come to something
with a new angle and therefore 

345
00:19:10,840 --> 00:19:13,960
it was treated as illegitimate. 
100%. 

346
00:19:14,720 --> 00:19:17,640
I mean, this is exactly. 
The same, I'd exactly the same. 

347
00:19:17,640 --> 00:19:22,120
I'm sorry, I'd have to talk to 
you, but with my dissertation, I

348
00:19:22,120 --> 00:19:28,040
did it for a large life company 
in Scotland that no longer 

349
00:19:28,040 --> 00:19:31,520
exists. 
I came and did my dissertation, 

350
00:19:31,520 --> 00:19:37,320
went through it was a theory of 
constraints, analysis of big 

351
00:19:37,320 --> 00:19:41,080
software projects. 
I came up with what eventually 

352
00:19:41,080 --> 00:19:47,560
became my book that my business 
novel Rolling Rocks downhill and

353
00:19:47,560 --> 00:19:50,800
when I showed it to the internal
people did this was my naivety. 

354
00:19:51,080 --> 00:19:52,960
I think you you've had exactly 
the same thing. 

355
00:19:53,360 --> 00:19:57,640
The people that I worked with, 
the senior manager who I was my 

356
00:19:57,640 --> 00:20:00,720
sponsor for this said picked it 
up when I after she'd read it 

357
00:20:00,720 --> 00:20:06,600
and she said, don't worry Clark,
I won't tell anyone who was just

358
00:20:06,600 --> 00:20:10,880
like and you know, went on and 
I, I swear I've sold 20,000 

359
00:20:10,880 --> 00:20:14,200
copies of that book. 
It's been read and it's spread 

360
00:20:14,200 --> 00:20:17,160
all around, but at the idea new 
new ideas. 

361
00:20:18,040 --> 00:20:21,640
New ideas are easy to have, but 
good new ideas are hard to to 

362
00:20:21,680 --> 00:20:24,200
actually bring to life. 
Like like your five year gap 

363
00:20:24,200 --> 00:20:27,360
there with the the the coal 
powered stations. 

364
00:20:27,360 --> 00:20:29,120
Rory. 
But then what you were just 

365
00:20:29,120 --> 00:20:33,400
saying there, Clark about like 
even like rolling rocks down a 

366
00:20:33,400 --> 00:20:37,760
hill that feels it's almost like
almost like like a relief, 

367
00:20:37,920 --> 00:20:39,840
because that's what everybody 
wants, right? 

368
00:20:39,840 --> 00:20:44,640
You don't want ideas or concepts
to be to be held back. 

369
00:20:44,640 --> 00:20:46,880
You want it to be in free flow, 
right. 

370
00:20:47,200 --> 00:20:51,400
And actually the the transition 
from stagnation to flywheel is 

371
00:20:51,400 --> 00:20:54,480
effectively what butterfly 
effect and bottlenecking is all 

372
00:20:54,480 --> 00:20:56,760
about, right? 
It's it's how do you make those 

373
00:20:56,760 --> 00:20:59,240
unlocks that get you into 
flywheel? 

374
00:20:59,240 --> 00:21:03,200
And often the knob people try to
treat the almost like the 

375
00:21:03,320 --> 00:21:07,960
outputs of an of of a of a of, 
of something that's almost like 

376
00:21:08,000 --> 00:21:11,280
pausing momentum as opposed to 
actually getting into the weeds 

377
00:21:11,280 --> 00:21:14,480
of what's the actual inputs. 
That that I find this question 

378
00:21:14,480 --> 00:21:18,600
so important because so often. 
Are you familiar with Daniella 

379
00:21:18,600 --> 00:21:21,440
Meadows? 
But I. 

380
00:21:22,040 --> 00:21:24,800
Know. 
That the famous one is 12 points

381
00:21:24,800 --> 00:21:28,960
to intervene in the system. 
And it's a kind of, you know, 

382
00:21:28,960 --> 00:21:32,360
it's occasionally treated as 
kind of, you know, the 10 

383
00:21:32,360 --> 00:21:35,080
commandments of complexity 
thinking. 

384
00:21:35,720 --> 00:21:39,400
And what's interesting is her 
top points are psychological. 

385
00:21:39,720 --> 00:21:44,400
The biggest one is reframing 
what people think the system is 

386
00:21:44,400 --> 00:21:48,480
for totally. 
So so and actually, sorry, 

387
00:21:48,680 --> 00:21:52,560
actually if there's one big more
than that, it's transcending 

388
00:21:52,560 --> 00:21:55,880
paradigms. 
And then number one is the power

389
00:21:55,880 --> 00:22:01,400
to transcend paradigms, right? 
And the example would be if you 

390
00:22:01,400 --> 00:22:04,680
think of a lake as merely a 
source of water for a factory, 

391
00:22:04,880 --> 00:22:08,200
you will behave very differently
to if you think of a lake as a 

392
00:22:08,200 --> 00:22:11,640
local amenity and haven for 
wildlife. 

393
00:22:11,920 --> 00:22:15,280
For example, Very interestingly 
in business, what I only 

394
00:22:15,280 --> 00:22:20,040
realized recently in business 
was that if you go back to 

395
00:22:20,040 --> 00:22:23,000
people like Herbert Simon, the 
shareholder value, profit 

396
00:22:23,040 --> 00:22:27,760
obsessed motive is completely 
alien to Herbert Simon, who's 

397
00:22:27,760 --> 00:22:30,040
one of the best business 
thinkers of the last century. 

398
00:22:30,360 --> 00:22:33,520
His view by the way, was that 
profit was merely A constraint, 

399
00:22:34,280 --> 00:22:37,080
which is that a business needed 
to make a profit in order to 

400
00:22:37,080 --> 00:22:40,320
survive and gain investment and 
justify its existence. 

401
00:22:40,800 --> 00:22:45,080
But the purpose of a business 
was to explore adjacent 

402
00:22:45,080 --> 00:22:49,600
opportunities. 
So his purpose of a business, 

403
00:22:49,600 --> 00:22:54,040
what the business was actually 
for, was effectively it was a 

404
00:22:54,040 --> 00:22:59,320
discovery mechanism for new 
sources of value, and profit was

405
00:22:59,320 --> 00:23:02,120
merely one of the constraints on
its ability to do so. 

406
00:23:02,640 --> 00:23:05,960
He acknowledged that businesses 
needed to make a profit, but the

407
00:23:05,960 --> 00:23:09,840
idea that profit should be the 
primary target was completely 

408
00:23:09,840 --> 00:23:11,560
alien to him. 
And the shareholder value 

409
00:23:11,560 --> 00:23:15,640
movement is unfortunately, I 
think in business, fundamentally

410
00:23:15,640 --> 00:23:20,280
a massive mental constraint. 
And it's because it's it's such 

411
00:23:20,280 --> 00:23:24,200
a dominant paradigm that it 
leaves people incapable of 

412
00:23:24,200 --> 00:23:25,840
actually looking at things 
differently. 

413
00:23:26,880 --> 00:23:29,760
And and it just, it turns a lot 
of people's stomachs. 

414
00:23:29,760 --> 00:23:33,120
They're actually working the 
organizations and, you know, the

415
00:23:33,160 --> 00:23:36,720
discretionary effort is often, 
you know, not there. 

416
00:23:36,720 --> 00:23:38,880
They find disgust if it's gone 
to extreme. 

417
00:23:38,880 --> 00:23:41,520
But it's an interesting thing 
about it, which is you can bonus

418
00:23:41,520 --> 00:23:46,040
the people at the very top 
enough money so they 

419
00:23:46,040 --> 00:23:49,240
fundamentally buy into 
shareholder value maximization 

420
00:23:49,240 --> 00:23:51,760
or profit maximization. 
Yes. 

421
00:23:51,840 --> 00:23:54,880
But the majority of the 
workforce, unless you're so 

422
00:23:54,880 --> 00:23:57,720
successful a business that you 
can actually offer, you know, 

423
00:23:57,720 --> 00:24:01,560
massive options to everybody. 
What it creates is a massive 

424
00:24:01,560 --> 00:24:04,600
misalignment between senior 
management to a focus on one 

425
00:24:04,600 --> 00:24:06,400
thing. 
Most people who work in an 

426
00:24:06,400 --> 00:24:10,360
advertising agency do not or a 
hospital or anywhere else do not

427
00:24:10,360 --> 00:24:14,240
get up in the morning going, how
can I actually, you know, how 

428
00:24:14,800 --> 00:24:17,800
can I actually maximize? 
I mean, I don't know who WPP 

429
00:24:17,800 --> 00:24:20,600
shell designed something that 
you know, the state of Wisconsin

430
00:24:20,600 --> 00:24:23,800
DMV pension fund. 
Well, you know, I'm they're 

431
00:24:23,920 --> 00:24:27,160
animus towards those people, but
I can't really say that their 

432
00:24:27,160 --> 00:24:30,360
retirement well-being is what 
makes me get up in the morning. 

433
00:24:30,800 --> 00:24:33,160
And so you create this 
fundamental disconnect between 

434
00:24:33,160 --> 00:24:35,800
people that I would argue if 
you're a customer focused 

435
00:24:35,800 --> 00:24:39,920
organization that can pretty 
much align everybody, you know, 

436
00:24:40,640 --> 00:24:46,240
there is a fundamental human 
urge to do well by your fellow 

437
00:24:46,240 --> 00:24:48,760
man. 
OK, There is not a fundamental 

438
00:24:48,760 --> 00:24:50,280
here. 
There is a fundamental human 

439
00:24:50,280 --> 00:24:51,720
urge to make money. 
I'm not disputing that. 

440
00:24:51,720 --> 00:24:54,200
There isn't really a fundamental
human urge to enrich other 

441
00:24:54,200 --> 00:24:56,120
people. 
That's ridiculous. 

442
00:24:56,480 --> 00:25:00,440
OK, You know, I want to make 
rich people I've never met and 

443
00:25:00,440 --> 00:25:02,600
who will never thank me. 
No, I don't think so. 

444
00:25:02,680 --> 00:25:05,520
If. 
You think about the the money 

445
00:25:05,520 --> 00:25:08,640
side of things for, for for me 
when I was growing up, it was 

446
00:25:08,760 --> 00:25:11,240
money was not a necessarily a 
good thing. 

447
00:25:11,600 --> 00:25:14,400
Not having it was something we 
were actually quite proud of. 

448
00:25:15,320 --> 00:25:19,080
But so I've I've had to wrestle 
a lot because the the bottleneck

449
00:25:19,080 --> 00:25:22,120
stuff when you look at it. 
Is that particularly a sort of 

450
00:25:22,120 --> 00:25:25,200
New Zealand troll? 
Poppyish thing, I think it is, 

451
00:25:25,440 --> 00:25:29,640
yeah, yeah, it, it's definitely 
that, you know, it's, it's very,

452
00:25:29,640 --> 00:25:31,960
very, very common. 
I think Australia has the same 

453
00:25:31,960 --> 00:25:35,920
kind of thing the Irish did. 
I lived in Ireland for a long 

454
00:25:35,920 --> 00:25:37,280
time. 
Something you say that the 

455
00:25:37,280 --> 00:25:40,600
Irish, it's a Celtic thing, not 
an more than an Anglo-Saxon 

456
00:25:40,600 --> 00:25:42,800
thing. 
So countries like Canada, New 

457
00:25:42,800 --> 00:25:47,040
Zealand, which are sort of 
Welsh, Scottish, Irish tend to 

458
00:25:47,040 --> 00:25:51,680
have lower power distance, 
they're less hierarchical. 

459
00:25:51,920 --> 00:25:54,920
I mean, funny enough, being 
Welsh, my favorite airline is 

460
00:25:54,920 --> 00:25:56,640
Qantas. 
I've never been on Air New 

461
00:25:56,640 --> 00:25:58,040
Zealand. 
I'm sure it's magnificent and 

462
00:25:58,040 --> 00:26:02,840
it'd be even better, right? 
OK, But the reason is that I 

463
00:26:02,840 --> 00:26:06,440
like the I like, I don't like 
those airlines where people 

464
00:26:06,440 --> 00:26:10,680
grovel to you, OK And Crumptus 
achieves this thing where 

465
00:26:10,760 --> 00:26:13,800
obviously the person's there to 
bring you coffee, but they're 

466
00:26:13,800 --> 00:26:17,040
kind of your mate, you know, 
there isn't a power relationship

467
00:26:17,040 --> 00:26:20,120
between you at all. 
And I think I I think that 

468
00:26:20,120 --> 00:26:21,560
you're absolutely right. 
I think I think it is. 

469
00:26:21,560 --> 00:26:24,680
It's an Irish and New Zealand, 
possibly a Welsh thing actually,

470
00:26:24,680 --> 00:26:30,800
what with all the sheep, but but
there's something there which I 

471
00:26:30,800 --> 00:26:32,840
think is is actually culturally 
significant. 

472
00:26:33,680 --> 00:26:37,240
And for me it was quite a 
struggle because as I was all my

473
00:26:37,240 --> 00:26:42,640
work at the end of the day, it 
makes more people more money. 

474
00:26:42,800 --> 00:26:46,880
If you debottleneck you, you can
make more, you can sell more. 

475
00:26:47,280 --> 00:26:48,440
And. 
And at the end of the day, it's 

476
00:26:48,440 --> 00:26:51,400
a lovely engineering problem to 
figure out how do we make more 

477
00:26:51,400 --> 00:26:54,040
money? 
So I had to try and square that 

478
00:26:54,040 --> 00:26:56,360
away in my head that didn't want
to chase that. 

479
00:26:56,720 --> 00:26:59,560
And, and and it all clicked when
I realised that next year's 

480
00:26:59,560 --> 00:27:03,080
culture is often determined by 
this year's products, the 

481
00:27:03,080 --> 00:27:05,400
profits. 
Yeah. 

482
00:27:05,520 --> 00:27:08,280
What you make this year, if you 
have a good year this year, next

483
00:27:08,280 --> 00:27:09,680
year is going to be a nicer 
place to work. 

484
00:27:09,680 --> 00:27:12,840
Your workplace will be nicer, 
nicer if it's been a bad year, 

485
00:27:13,520 --> 00:27:16,640
there won't be bonuses. 
You may not be recruiting for 

486
00:27:16,640 --> 00:27:19,440
the people that you need and 
this scarcity mindsets going to 

487
00:27:19,440 --> 00:27:22,640
come in so that that was a thing
where I had to I I I've now gone

488
00:27:23,240 --> 00:27:25,360
in my head. 
I want to create a better 

489
00:27:25,360 --> 00:27:28,920
workplace bottleneck. 
Stuff creates a lot of that. 

490
00:27:29,040 --> 00:27:32,360
It also creates money as a side 
effect, which then feeds back 

491
00:27:32,360 --> 00:27:35,520
into the organization that 
creates next year's culture. 

492
00:27:35,720 --> 00:27:37,200
But that's just my personal 
opinion. 

493
00:27:37,200 --> 00:27:40,960
That's me messing with words so 
I feel comfortable with helping 

494
00:27:40,960 --> 00:27:42,440
people make money. 
You'll be. 

495
00:27:42,440 --> 00:27:45,400
Interested in the book called 
Abundance by Ezra Klein? 

496
00:27:47,040 --> 00:27:48,720
You've just got it. 
Have a fantastic timing. 

497
00:27:49,440 --> 00:27:53,120
And one of the things I think is
that economics has given 

498
00:27:53,120 --> 00:27:56,680
government and politics a 
scarcity mindset. 

499
00:27:58,520 --> 00:28:01,440
You know, we're an advertising 
agency run by a holding company.

500
00:28:01,440 --> 00:28:04,320
And I always say you can't run 
an abundance business on a 

501
00:28:04,320 --> 00:28:06,920
scarcity mindset. 
It simply doesn't work. 

502
00:28:07,080 --> 00:28:09,280
And the first thing that happens
with a scarcity mindset, of 

503
00:28:09,280 --> 00:28:12,360
course, is absolutely crushing 
short termism. 

504
00:28:13,280 --> 00:28:17,320
And the the most short term of 
all short term things is usually

505
00:28:17,320 --> 00:28:21,160
cost cutting because it's the 
one which makes most sense and 

506
00:28:21,160 --> 00:28:24,600
has the most immediate effect. 
And I would argue that a large 

507
00:28:24,600 --> 00:28:29,480
part of the failure of Western 
Europe to grow economically is, 

508
00:28:29,600 --> 00:28:34,200
is, is mindset really, it's this
endless scarcity mindset that, 

509
00:28:34,200 --> 00:28:36,400
you know, the, the 
disproportionate power of the 

510
00:28:36,400 --> 00:28:38,760
financial function within 
organizations. 

511
00:28:39,080 --> 00:28:42,560
You know, So in government, I 
was talking to Matt Ridley at 

512
00:28:42,560 --> 00:28:44,720
not Matt Ridley. 
I'm sorry, I was talking to 

513
00:28:44,760 --> 00:28:47,280
Michael I. 
Love Matt Ridley. 

514
00:28:47,280 --> 00:28:48,800
He's. 
I'm meeting him actually in 

515
00:28:48,800 --> 00:28:51,560
October. 
So I'll pass on I'll, I'll put 

516
00:28:51,560 --> 00:28:52,640
it. 
I'll put him in touch with your 

517
00:28:52,640 --> 00:28:54,080
work. 
Yeah. 

518
00:28:54,640 --> 00:28:57,880
And I talked to Michael Gove who
was a Cabinet minister, and he 

519
00:28:57,880 --> 00:29:02,520
said effectively in government 
the Treasury has right of veto 

520
00:29:02,520 --> 00:29:08,600
over anything and they demand 
absurd standards of proof and 

521
00:29:08,600 --> 00:29:11,920
certainty before you can try 
anything, OK. 

522
00:29:12,440 --> 00:29:18,880
And consequently, effectively, 
they also effectively look at 

523
00:29:18,880 --> 00:29:20,920
things from a cost saving point 
of view, not from an 

524
00:29:20,920 --> 00:29:23,960
opportunistic point of view. 
And so if you combine the two 

525
00:29:23,960 --> 00:29:27,040
things with a ridiculously high 
burden of proof, which is 

526
00:29:27,040 --> 00:29:29,160
impossible if you're doing 
anything new, because there's no

527
00:29:29,160 --> 00:29:33,800
evidence about the future, OK. 
And and then the scarcity 

528
00:29:33,800 --> 00:29:37,280
mindset, which is the purpose of
life, only finance people and 

529
00:29:37,320 --> 00:29:40,160
some engineers like this, the 
purpose of my life is to make it

530
00:29:40,160 --> 00:29:43,240
more efficient, OK. 
I mean, there, there is a 

531
00:29:43,240 --> 00:29:45,280
minority of people who think 
like that. 

532
00:29:45,800 --> 00:29:47,120
Now, I've got a weird theory, by
the way. 

533
00:29:47,120 --> 00:29:50,720
I think a lot of people say homo
economicus doesn't exist. 

534
00:29:50,960 --> 00:29:53,240
You know, the economically 
rational man. 

535
00:29:53,240 --> 00:29:56,680
My argument is in any category, 
I don't think there's anybody 

536
00:29:56,680 --> 00:29:58,760
who's universally homo 
economicus. 

537
00:29:58,920 --> 00:30:02,000
But in any category there are 
people who behave like helmet 

538
00:30:02,160 --> 00:30:05,840
economicus within your category.
And you don't want them as 

539
00:30:05,840 --> 00:30:08,160
customers. 
Yeah, Yep. 

540
00:30:08,160 --> 00:30:10,760
That's, you know, that's so, you
know, those people are actually 

541
00:30:10,760 --> 00:30:14,360
at totally it. 
Always focusing your business to

542
00:30:14,360 --> 00:30:18,440
appeal to your most economically
rational customers is actually a

543
00:30:18,440 --> 00:30:22,120
recipe for disaster. 
Everything gets commoditized and

544
00:30:22,120 --> 00:30:24,920
doubled down to the lowest 
common denominator, doesn't it? 

545
00:30:25,880 --> 00:30:27,240
Yeah. 
But then going going back to the

546
00:30:27,240 --> 00:30:31,560
point about scarcity versus 
abundance, how how you do one 

547
00:30:31,560 --> 00:30:32,960
thing is how you do everything 
right. 

548
00:30:32,960 --> 00:30:35,640
And what you're realizing is 
that a lot of people, instead of

549
00:30:35,880 --> 00:30:39,240
focusing on how do we grow that 
focus on how do we keep where 

550
00:30:39,240 --> 00:30:41,480
we're at, right? 
And, and if you think you can 

551
00:30:41,480 --> 00:30:44,680
see it in sport as well, I think
there was a headline about the 

552
00:30:44,680 --> 00:30:49,520
fact that Manchester United let 
go of like 200 members of staff,

553
00:30:49,520 --> 00:30:52,240
but then still spend like 300 
million in transfers or 

554
00:30:52,240 --> 00:30:55,800
something like that, right? 
It's like it's, it's like it's 

555
00:30:55,800 --> 00:31:00,200
almost like there's a lot of 
performative slash, almost like 

556
00:31:00,240 --> 00:31:03,760
corporate actions that make it 
feel like a gaining momentum, 

557
00:31:03,960 --> 00:31:06,360
but you're not actually shifting
the dial at all, right? 

558
00:31:06,640 --> 00:31:09,480
It's almost like everybody's on 
their best behavior to put on 

559
00:31:09,480 --> 00:31:11,800
this picture that they're 
actually doing something. 

560
00:31:12,120 --> 00:31:14,120
But yeah, yeah. 
So. 

561
00:31:14,120 --> 00:31:17,520
So my dad has always told me 
something that some people might

562
00:31:17,520 --> 00:31:20,520
find controversial, but I, I 
believe it to be true. 

563
00:31:21,120 --> 00:31:24,960
He says that the best way to run
a country, unless you do it 

564
00:31:25,200 --> 00:31:28,640
pretty well, like the Swiss, is 
almost like a positive 

565
00:31:28,640 --> 00:31:32,160
dictatorship, right? 
The reason being is because you 

566
00:31:32,160 --> 00:31:35,720
have people that are committed 
to the long haul or the long 

567
00:31:35,720 --> 00:31:38,080
journey and are making decisions
that are going to last the next 

568
00:31:38,080 --> 00:31:42,120
20-30, forty, 5000 years instead
of for five years. 

569
00:31:42,120 --> 00:31:45,120
And the next party's going to 
come in and do what the previous

570
00:31:45,120 --> 00:31:46,240
party said they were going to 
do. 

571
00:31:46,440 --> 00:31:49,200
And the next person comes in. 
You see that in football as as 

572
00:31:49,200 --> 00:31:53,120
well when you have a football 
manager that has a great Academy

573
00:31:53,120 --> 00:31:55,720
of players that are coming in, 
but then they're basically 

574
00:31:55,720 --> 00:31:59,000
categorized based on whether 
they can stay in the Champions 

575
00:31:59,000 --> 00:32:02,040
League this season or whether 
they can avoid relegation this 

576
00:32:02,040 --> 00:32:04,480
season. 
So all the thinking becomes very

577
00:32:04,480 --> 00:32:08,280
scarcity, short term thinking, 
and then they never evolve and 

578
00:32:08,280 --> 00:32:10,440
move forward because they never 
give you the tenure to it's. 

579
00:32:11,320 --> 00:32:14,840
Less than that, which is your 
you then get fired because you 

580
00:32:14,840 --> 00:32:17,440
don't win, you don't get through
into the quarterfinals of the 

581
00:32:17,440 --> 00:32:22,880
Champions League and then your 
successor gets all the credit 

582
00:32:23,120 --> 00:32:26,160
for the young players that you 
hired at a bargain price. 

583
00:32:26,600 --> 00:32:28,960
The the other place which which 
is obviously famous for this is 

584
00:32:28,960 --> 00:32:32,800
the film industry, where people 
will overspend on films. 

585
00:32:33,040 --> 00:32:37,000
They'll commissioning films. 
They then get fired because the 

586
00:32:37,000 --> 00:32:40,120
film is very expensive. 
And then when one of those three

587
00:32:40,120 --> 00:32:44,120
films is a massive blockbuster, 
they effectively the successor 

588
00:32:44,120 --> 00:32:47,960
inherits all the credit. 
So this this extraordinary 

589
00:32:47,960 --> 00:32:51,080
disconnect between what you 
might call long term actions and

590
00:32:51,080 --> 00:32:55,440
short term credit seeking and, 
and, and on in terms of that 

591
00:32:55,440 --> 00:32:58,120
positive dictatorship thing, 
I've got another friend of Black

592
00:32:58,120 --> 00:33:01,760
Rock whose point is that is 
actually the best form of 

593
00:33:01,760 --> 00:33:05,160
government, but it requires an 
absolute Lee Kuan Yew 

594
00:33:05,160 --> 00:33:07,440
thoroughgoing genius to make it 
work. 

595
00:33:08,080 --> 00:33:12,240
And generally, the most you can 
hope for is maybe two of those 

596
00:33:12,240 --> 00:33:16,040
in a row. 
And his argument would be, for 

597
00:33:16,040 --> 00:33:20,560
example, in China, you, you 
know, they kind of lucked out by

598
00:33:20,560 --> 00:33:22,880
whatever you think of their 
system of government and so 

599
00:33:22,880 --> 00:33:24,720
forth. 
The people at the top were 

600
00:33:25,040 --> 00:33:27,960
startlingly clever at making 
things work. 

601
00:33:28,320 --> 00:33:31,320
And actually it you know, that 
that that's the danger that 

602
00:33:31,320 --> 00:33:34,360
actually democracy doesn't 
really exist to attain 

603
00:33:34,360 --> 00:33:37,640
optimality. 
It's because it gets rid of bad 

604
00:33:37,640 --> 00:33:40,840
people. 
I mean democracy is really if 

605
00:33:40,840 --> 00:33:42,000
you look at the value of 
democracy. 

606
00:33:42,080 --> 00:33:44,240
This is why I have often take 
issue with people who are 

607
00:33:44,240 --> 00:33:47,560
obsessed with proportional 
representation and I get another

608
00:33:47,680 --> 00:33:51,000
proportional representation and 
democracy doesn't exist. 

609
00:33:51,000 --> 00:33:54,720
So you can have an optimal 
representative government. 

610
00:33:54,720 --> 00:33:57,160
The government has to be 
representative to have some sort

611
00:33:57,160 --> 00:34:00,640
of legitimacy that's valuable. 
But the real value of democracy 

612
00:34:00,640 --> 00:34:04,720
is it's a non violent way to 
dispose of governments when 

613
00:34:04,720 --> 00:34:08,760
they're either bad or as you 
know happens, they just run out 

614
00:34:08,760 --> 00:34:11,520
of ideas. 
So would you therefore say that?

615
00:34:11,880 --> 00:34:14,960
So would you therefore say that 
Democracy is a scarcity mindset 

616
00:34:15,440 --> 00:34:18,880
because it focuses more on what 
happens if you have the wrong 

617
00:34:18,880 --> 00:34:22,320
leadership as opposed to how do 
you actually grow and build the.

618
00:34:22,320 --> 00:34:25,800
Country I would argue that 
actually there's there are two 

619
00:34:25,800 --> 00:34:28,199
kinds of continuity. 
I agree with you that if you 

620
00:34:28,199 --> 00:34:34,400
have that kind of Lee Kuan Yew 
system, and you could argue that

621
00:34:34,400 --> 00:34:38,199
until recently, the US had a 
weird kind of continuity because

622
00:34:38,360 --> 00:34:40,520
there wasn't that much 
difference between Democrats and

623
00:34:40,520 --> 00:34:44,360
Republicans, to be absolutely 
honest, you know, But what's 

624
00:34:45,000 --> 00:34:49,480
what can happen is that, you 
know, the the system breaks 

625
00:34:49,480 --> 00:34:51,159
down. 
But particularly, I think what 

626
00:34:51,159 --> 00:34:55,560
happens is that if you, if you 
spend too long focused on the 

627
00:34:55,560 --> 00:35:02,840
same things, OK, and neglecting 
other things, OK, then what 

628
00:35:02,840 --> 00:35:06,560
happens is that that the Helen 
Taylor's theory is that human 

629
00:35:06,560 --> 00:35:11,760
neurodiversity evolved because 
in any group of 150 people, you 

630
00:35:11,760 --> 00:35:14,480
occasionally need to take have a
different take on something. 

631
00:35:15,360 --> 00:35:18,840
And the great thing about ADHD 
or you know, you know, the 

632
00:35:18,840 --> 00:35:23,960
spectrum is that those people 
and I, I find them in included 

633
00:35:23,960 --> 00:35:27,120
in both of those actually. 
But I find those people 

634
00:35:27,120 --> 00:35:30,240
incredibly agreeable to work 
with because they don't, they 

635
00:35:30,240 --> 00:35:33,040
don't automatically have what 
you might call, you know, a 

636
00:35:33,040 --> 00:35:36,720
collective perception. 
You know, they don't necessarily

637
00:35:36,720 --> 00:35:38,320
see things the way other people 
do. 

638
00:35:38,600 --> 00:35:40,920
And that's a necessary 
corrective, I think. 

639
00:35:41,600 --> 00:35:44,360
You know, I would argue that, 
you know, neoliberal economics 

640
00:35:44,360 --> 00:35:46,600
has had too long a run, you 
know, Yeah. 

641
00:35:46,600 --> 00:35:49,600
When someone says, you know, 
there was a French experiment, 

642
00:35:49,720 --> 00:35:53,960
why don't we look at, you know, 
gross national happiness, You 

643
00:35:53,960 --> 00:35:55,640
know, a lot of people go, oh, 
you're cheating. 

644
00:35:55,640 --> 00:35:58,160
It's really snarky, you know, 
changing the rules. 

645
00:35:59,320 --> 00:36:02,960
But yes and no, because we all 
know that wealth does not 

646
00:36:02,960 --> 00:36:06,040
linearly translate into 
happiness and well-being. 

647
00:36:06,520 --> 00:36:09,640
And therefore, anybody who's 
coming along at least with an 

648
00:36:09,640 --> 00:36:12,880
alternative take that might be 
valuable. 

649
00:36:13,080 --> 00:36:15,480
And also, of course, what 
happens is you focus people 

650
00:36:15,480 --> 00:36:18,240
focus on a bottleneck, they 
eradicate perhaps that 

651
00:36:18,240 --> 00:36:20,040
bottleneck if you're really, 
really lucky. 

652
00:36:20,520 --> 00:36:24,000
And then they continue to do 
what they've what they did 

653
00:36:24,000 --> 00:36:25,800
before. 
Whereas of course, what are you 

654
00:36:25,800 --> 00:36:29,520
like, you know, rats chicken 
cage factory should have done is

655
00:36:29,520 --> 00:36:32,520
said, OK, we've kind of cracked 
the manufacturing problem for 

656
00:36:32,520 --> 00:36:35,480
the next 5 years. 
OK, we're making more bloody 

657
00:36:35,480 --> 00:36:39,720
chicken cages than we need. 
What we need is more customers, 

658
00:36:40,680 --> 00:36:43,800
possibly even what we need is 
more people to keep chickens 

659
00:36:43,800 --> 00:36:47,400
that we the category problem. 
OK, we've seen that not enough 

660
00:36:47,400 --> 00:36:50,480
people keep chickens for us to 
actually sell enough cages. 

661
00:36:50,720 --> 00:36:53,560
Or it may be that the people are
buying inferior cages from 

662
00:36:53,560 --> 00:36:56,560
somewhere else. 
But you have to continually 

663
00:36:56,560 --> 00:36:59,760
shift your attention because 
it's a bit like the bubble in 

664
00:36:59,760 --> 00:37:02,160
wallpaper. 
You know, it keeps moving. 

665
00:37:02,520 --> 00:37:05,640
And if you smooth the bubble and
obsess about the patch where the

666
00:37:05,640 --> 00:37:09,120
bubble used to be, meanwhile the
bubbles moved on somewhere else 

667
00:37:09,920 --> 00:37:12,960
and too. 
Young to know about wallpaper? 

668
00:37:14,440 --> 00:37:19,840
Yeah, I know about wallpaper. 
The the, the, the, the skin care

669
00:37:19,840 --> 00:37:24,080
makes me look younger than I 
actually am, but I know a little

670
00:37:24,080 --> 00:37:25,800
bit about it. 
But then going back to the 

671
00:37:25,800 --> 00:37:28,400
conversation there, I think this
is a very. 

672
00:37:28,400 --> 00:37:29,840
Important conversation. 
Because. 

673
00:37:29,840 --> 00:37:31,440
Why? 
Why did people stop using 

674
00:37:31,440 --> 00:37:33,880
wallpaper? 
What happened to wallpaper? 

675
00:37:35,160 --> 00:37:36,640
What did happen? 
That wasn't that. 

676
00:37:36,640 --> 00:37:38,920
That wasn't a manufacturing 
constraint, was it? 

677
00:37:40,680 --> 00:37:44,840
I mean literally, I mean high 
end interior decor. 

678
00:37:44,840 --> 00:37:47,640
It's still used, but I mean, 
wallpaper was universal in my 

679
00:37:47,720 --> 00:37:49,200
child. 
Fascinate. 

680
00:37:50,840 --> 00:37:51,920
Yeah. 
But I'm going back to that. 

681
00:37:51,920 --> 00:37:55,680
What you were saying there, 
Rory, about the fact that in the

682
00:37:55,720 --> 00:38:00,320
US there was no real differences
between almost like the right 

683
00:38:00,320 --> 00:38:02,560
and the left, which therefore 
meant that there was a level of 

684
00:38:02,560 --> 00:38:05,480
continuity in terms of ambition.
There was unity. 

685
00:38:05,720 --> 00:38:09,760
I think that was like unity, 
continuity are all things that 

686
00:38:09,760 --> 00:38:12,560
were kind of like losing right 
now in society and culture. 

687
00:38:12,560 --> 00:38:14,760
It's almost like polarizingly 
one sort of the others. 

688
00:38:14,760 --> 00:38:17,160
It's all the you have a 
abundance mindset or the 

689
00:38:17,160 --> 00:38:21,040
scarcity mindset, right? 
You, you, there's never, it's 

690
00:38:21,040 --> 00:38:23,800
always an all conversation, 
never an and conversation, 

691
00:38:23,920 --> 00:38:26,240
right? 
And there's no commonality or 

692
00:38:26,240 --> 00:38:29,080
people trying to realize why 
should we preserve certain 

693
00:38:29,080 --> 00:38:32,240
things and why should we aim to 
innovate and create new things? 

694
00:38:32,440 --> 00:38:34,520
There should be a conversation 
about how you merge those two 

695
00:38:34,520 --> 00:38:37,280
different things. 
And I think that that conflict 

696
00:38:37,600 --> 00:38:41,600
is a, a bottleneck in society 
right now is that you're either 

697
00:38:42,240 --> 00:38:43,840
we're going this way or we're 
going that way. 

698
00:38:43,840 --> 00:38:47,440
And we actually had a 
conversation around AI, right? 

699
00:38:47,440 --> 00:38:50,640
And the fact that a lot of 
people are talking about jobs 

700
00:38:50,640 --> 00:38:54,040
being lost in AI, where the 
world's going in AI actually had

701
00:38:54,040 --> 00:38:57,400
a really weird take, which was 
the fact that I believe that our

702
00:38:57,400 --> 00:39:01,080
trajectory into the world of the
Internet kind of distracted us 

703
00:39:01,080 --> 00:39:05,360
away from things that actually 
mattered in the world, right? 

704
00:39:05,840 --> 00:39:09,840
In fact, you have the smartest 
brains and minds not going to 

705
00:39:09,840 --> 00:39:14,880
build apps and things that 
happen on these devices and then

706
00:39:14,880 --> 00:39:17,320
these things that are happening 
in the world today that have not

707
00:39:17,320 --> 00:39:20,720
evolved at all. 
Like try, try and get a train in

708
00:39:20,720 --> 00:39:22,920
the US. 
It'll take you the same amount 

709
00:39:22,920 --> 00:39:24,800
of time as driving, right? 
Try. 

710
00:39:24,800 --> 00:39:26,200
If you think about some of the 
other challenges that's 

711
00:39:26,200 --> 00:39:27,480
happening, we're talking about 
the housing crisis. 

712
00:39:27,480 --> 00:39:28,880
We're talking about what's 
happening. 

713
00:39:29,000 --> 00:39:31,360
I'm slower than driving, much 
slower than driving. 

714
00:39:31,360 --> 00:39:35,160
The only real rationale for most
Amtrak journeys apart from the 

715
00:39:35,160 --> 00:39:38,360
high speed routes down the East 
Coast is that you sleep on the 

716
00:39:38,360 --> 00:39:41,040
train, which you can't do when 
you're driving yet. 

717
00:39:42,320 --> 00:39:44,160
And you have to drive on the 
other side of the road. 

718
00:39:44,560 --> 00:39:47,720
It's ridiculous, isn't it? 
I know they'll come round. 

719
00:39:47,840 --> 00:39:49,520
They'll come round eventually. 
I know. 

720
00:39:50,440 --> 00:39:53,360
Yeah, they're all hankering for 
a little king in in their life, 

721
00:39:53,360 --> 00:39:55,680
aren't they really, You know, a 
little bit more monarchy. 

722
00:39:56,240 --> 00:40:00,960
I I will actually, by the way, 
there is an extraordinary role 

723
00:40:00,960 --> 00:40:04,560
to monarchs, which is in one 
case, which is that. 

724
00:40:05,240 --> 00:40:06,920
Someone described them. 
I think you've probably been 

725
00:40:06,920 --> 00:40:09,520
welted Badgers as like the the 
king on a chess board. 

726
00:40:09,800 --> 00:40:14,200
It doesn't do very much, but the
value is in in the space it 

727
00:40:14,200 --> 00:40:18,880
denies to other pieces. 
And it's one of the arguments 

728
00:40:18,880 --> 00:40:22,480
would be that if you become 
president of France, you 

729
00:40:22,480 --> 00:40:25,560
basically become delusional 
after about five years because 

730
00:40:25,560 --> 00:40:28,560
you live in a palace and you 
have all this bling and a 

731
00:40:28,560 --> 00:40:31,560
retinue and, you know, trumpets.
OK. 

732
00:40:31,960 --> 00:40:35,120
And the point is, we allow the 
king to do the stuff with the 

733
00:40:35,120 --> 00:40:39,680
trumpets, and our Prime Minister
lives in a terraced house, OK? 

734
00:40:39,680 --> 00:40:42,360
It's a very nice terrorist 
house, but it's still a 

735
00:40:42,360 --> 00:40:45,760
terrorist house, OK? 
And I think there's something 

736
00:40:45,760 --> 00:40:48,600
actually quite important about 
that, which is no, no, no, no, 

737
00:40:48,720 --> 00:40:52,120
Your job is to, deep down, your 
job as a government is to take 

738
00:40:52,120 --> 00:40:57,240
the bins out, right? 
Keep us safe and take the bins 

739
00:40:57,240 --> 00:41:01,720
out, right? 
And so, you know, but also there

740
00:41:01,720 --> 00:41:04,720
are cases actually where having 
an extra piece on the board is 

741
00:41:04,720 --> 00:41:08,440
decisive in the sense that if 
you look at the death of Franco,

742
00:41:09,240 --> 00:41:13,240
the Spanish monarchy, you know, 
let's face it, if we look at it 

743
00:41:13,240 --> 00:41:15,680
in historical terms and not the 
world's most successful 

744
00:41:15,680 --> 00:41:17,840
monarchy, it's usually, you 
know, like Philip the 

745
00:41:17,840 --> 00:41:22,760
incontinent was succeeded by, 
you know, Amy the Mad or 

746
00:41:22,760 --> 00:41:23,680
something like that. 
OK. 

747
00:41:24,240 --> 00:41:27,480
But the king at the time of 
Baron Carlos was totally 

748
00:41:27,480 --> 00:41:29,920
decisive in the transmit 
transition to democracy. 

749
00:41:30,760 --> 00:41:33,920
And so you have the very fact 
that they in a sense, don't have

750
00:41:33,920 --> 00:41:37,960
a dog in the fight and of 
course, a very long termist. 

751
00:41:38,600 --> 00:41:39,760
There's another point worth 
making. 

752
00:41:40,400 --> 00:41:44,320
OK, Your fundamental thing is, 
you know, I need to make sure 

753
00:41:44,320 --> 00:41:48,360
there's still a monarchy around 
my great grandchildren, which, 

754
00:41:48,440 --> 00:41:50,640
you know, there are. 
You know, I'm, I'm aesthetically

755
00:41:50,640 --> 00:41:54,640
not in favour of despotic 
monarchy unless you really luck 

756
00:41:54,640 --> 00:41:58,200
out. 
But and, you know, the 

757
00:41:58,200 --> 00:42:02,200
hereditary principle is 
brilliant for, you know, finding

758
00:42:02,200 --> 00:42:04,480
those geniuses. 
But there is a mindset to the 

759
00:42:04,480 --> 00:42:07,400
whole thing which is 
complementary to everything 

760
00:42:07,400 --> 00:42:10,240
else. 
But then also, I know we talked 

761
00:42:10,240 --> 00:42:13,240
about sports and we're talking 
about like the monarchy and then

762
00:42:13,240 --> 00:42:15,200
we talked about like politics 
and culture. 

763
00:42:15,200 --> 00:42:17,760
But you just think about it 
there, the red thread is 

764
00:42:17,760 --> 00:42:20,920
continuity, right? 
And sometimes, even if you do 

765
00:42:20,920 --> 00:42:26,960
not completely agree with the 
decisions, the direction of a, 

766
00:42:26,960 --> 00:42:29,680
a, a person in leadership, the 
fact that they're just going to 

767
00:42:29,680 --> 00:42:32,680
be there for a very long time 
just gets you in line and on 

768
00:42:32,680 --> 00:42:34,880
board, right? 
But if you if you think about 

769
00:42:34,880 --> 00:42:38,360
it, OK, whatever happens, if 
Jeremy Corbyn had got in, if 

770
00:42:38,360 --> 00:42:45,600
Nigel Farage gets in, you still 
have a king, OK, Right now it's 

771
00:42:45,640 --> 00:42:51,320
largely the formative. 
It's like Chelsea we we talked 

772
00:42:51,320 --> 00:42:53,320
about, we talked about full 
people. 

773
00:42:53,320 --> 00:42:57,720
Sorry to jump in there, but it's
kind of like the continuity of 

774
00:42:57,960 --> 00:43:02,280
Chelsea was Roman Abramovic. 
Like the managers would change 

775
00:43:02,280 --> 00:43:04,160
but they knew that Roman would 
always be there. 

776
00:43:04,200 --> 00:43:08,400
Ranga or Manchester United with.
Dealing. 

777
00:43:08,400 --> 00:43:11,120
What you call it with? 
Yeah, with Norwich City. 

778
00:43:11,640 --> 00:43:13,800
Exactly. 
Then you've got to remember if 

779
00:43:13,800 --> 00:43:16,360
you're an American and you're a 
left wing American and Donald 

780
00:43:16,360 --> 00:43:19,880
Trump gets in, you feel like 
you've lost your country, right?

781
00:43:20,400 --> 00:43:23,360
It almost completely. 
Your country has been taken over

782
00:43:23,360 --> 00:43:27,160
by an alien force. 
We don't really feel like that. 

783
00:43:27,280 --> 00:43:31,840
And there there is weirdly a a 
kind of left wing group who are 

784
00:43:31,840 --> 00:43:35,080
favourably disposed towards the 
monarchy because they think it 

785
00:43:35,080 --> 00:43:38,480
is more possible to engage in 
left wing experimentation. 

786
00:43:38,760 --> 00:43:43,200
If people believe there's a kind
of like motif of stability, you 

787
00:43:43,200 --> 00:43:46,400
know, which doesn't change. 
So I mean, you know, this stuff 

788
00:43:46,400 --> 00:43:49,120
is, I mean, Stephen Fry's 
argument for the monarchy is 

789
00:43:49,120 --> 00:43:51,520
just empirical, which is if you 
look at countries that are 

790
00:43:51,520 --> 00:43:54,600
constitutional monarchies, you 
know, you've got the UK, Canada,

791
00:43:54,600 --> 00:43:57,440
Spain, Japan, Thailand. 
I guess that's a bit weird. 

792
00:43:58,320 --> 00:44:01,920
The Netherlands, Sweden, OK 
Belgium, OK. 

793
00:44:02,360 --> 00:44:08,720
It's it's, it's, it's not a bad 
collection of pretty sane 

794
00:44:08,720 --> 00:44:09,880
countries. 
Now, we don't know which 

795
00:44:09,880 --> 00:44:13,080
direction causation lies. 
Is it because the countries are 

796
00:44:13,080 --> 00:44:15,480
quite moderately minded that 
they basically reach a 

797
00:44:15,480 --> 00:44:18,160
compromise with a monarchy? 
Or is it because they have a 

798
00:44:18,160 --> 00:44:21,080
monarchy that they're somehow, 
you know, more capable of 

799
00:44:21,080 --> 00:44:24,040
continuity and stability? 
We we'll never know, but you 

800
00:44:24,040 --> 00:44:27,360
could argue, well, correlation 
may not be causation, but it's 

801
00:44:27,360 --> 00:44:33,040
still correlation. 
This is what when it comes to 

802
00:44:33,040 --> 00:44:37,440
like the process of uncovering, 
first and foremost discovering, 

803
00:44:37,480 --> 00:44:40,800
uncovering bottlenecks and then 
the first step to getting them 

804
00:44:41,360 --> 00:44:45,440
almost like fixed. 
Clark, what would your process 

805
00:44:45,440 --> 00:44:47,400
be? 
So obviously you work with a lot

806
00:44:47,400 --> 00:44:51,120
of brands and you work with a 
lot of organizations and 

807
00:44:51,120 --> 00:44:53,880
institutions. 
So what's the the first step 

808
00:44:53,880 --> 00:44:57,960
towards identifying A bottleneck
and then what happens beyond 

809
00:44:57,960 --> 00:44:58,680
that point? 
OK. 

810
00:45:00,200 --> 00:45:04,720
So probably the first bit about 
that is that most people don't 

811
00:45:04,720 --> 00:45:07,600
know about bottlenecks. 
So, so that's almost the first 

812
00:45:07,600 --> 00:45:11,000
step, get getting them aware. 
They do know about queues 

813
00:45:11,000 --> 00:45:15,240
though, waiting queues. 
You know, if you see a queue of 

814
00:45:15,520 --> 00:45:19,240
cars, if you see a queue of 
people lined up at a cinema 

815
00:45:20,680 --> 00:45:23,520
waiting to get their popcorn, 
you know that there's something 

816
00:45:23,520 --> 00:45:26,720
slowing it down. 
If the queue is growing, you 

817
00:45:26,720 --> 00:45:28,960
know it's costing you money 
because people are walking away.

818
00:45:29,080 --> 00:45:33,000
So you've got the symptoms and 
the most obvious sign, and it's 

819
00:45:33,000 --> 00:45:34,600
not the only sign of a 
bottleneck. 

820
00:45:34,880 --> 00:45:37,160
And not every bottleneck will 
have a visible queue. 

821
00:45:37,520 --> 00:45:41,680
But if you can see the queue and
you can measure that, you, you, 

822
00:45:41,680 --> 00:45:43,560
you suddenly you've got a lot of
numbers. 

823
00:45:43,560 --> 00:45:46,040
Oh no, no, you've actually got 
something that's really visible.

824
00:45:46,040 --> 00:45:48,800
People talk about system 
thinking, but so much of it for 

825
00:45:48,800 --> 00:45:51,720
me is actually system seeing 
and, and being able to see the 

826
00:45:51,720 --> 00:45:57,800
queue that's been held up by 
whatever is at the front of it. 

827
00:45:58,840 --> 00:46:02,640
And when you look to go at the 
front of it, you'll be looking 

828
00:46:03,560 --> 00:46:06,880
to find, you'll be finding one 
type of resource. 

829
00:46:06,880 --> 00:46:09,080
And, and I know people don't 
like to be called resources, but

830
00:46:09,560 --> 00:46:12,200
it could be a person, it could 
be a printer. 

831
00:46:12,200 --> 00:46:18,560
I don't know if you guys know of
Derek Silver's, but he he's he 

832
00:46:18,560 --> 00:46:22,040
again, is that, you know, got 
very popular with his books and 

833
00:46:22,040 --> 00:46:24,480
stuff. 
And he once told me that he had 

834
00:46:24,480 --> 00:46:26,400
a bottleneck that was sitting 
next to him and it was his 

835
00:46:26,400 --> 00:46:29,000
printer when he ran the 
company's CD Baby. 

836
00:46:29,160 --> 00:46:31,000
And they couldn't print off 
orders quick enough. 

837
00:46:31,240 --> 00:46:33,600
And so they couldn't actually 
ship the CDs fast enough. 

838
00:46:34,000 --> 00:46:36,680
So what you've got to see is a 
build up of things that are 

839
00:46:36,680 --> 00:46:38,640
waiting. 
There's a queue and then you've 

840
00:46:38,640 --> 00:46:40,640
got to look there. 
And then you look and you sit 

841
00:46:40,680 --> 00:46:43,680
and you study. 
And it's not always the obvious 

842
00:46:43,680 --> 00:46:47,120
thing that sometimes it is 
because normally the obvious 

843
00:46:47,120 --> 00:46:51,800
things have been sorted out. 
But, but, but that's, that's, 

844
00:46:51,800 --> 00:46:54,200
that's kind of for most people, 
that's how you do it. 

845
00:46:54,200 --> 00:46:58,320
If you were in a factory, you'd 
walk around and you'd, you'd 

846
00:46:58,320 --> 00:47:00,640
wander around the factory and 
maybe you start at the front of 

847
00:47:00,640 --> 00:47:02,040
the factory with the stuffed 
leaves. 

848
00:47:02,800 --> 00:47:06,400
That's, but you, you start at 
the, the finished end of it. 

849
00:47:06,600 --> 00:47:10,000
You'd walk back until you got to
the, the, the where all the raw 

850
00:47:10,000 --> 00:47:12,920
materials come in at the other 
end and you'd look for the 

851
00:47:12,920 --> 00:47:16,080
biggest pile of work and it'd be
a big pile of work there. 

852
00:47:16,640 --> 00:47:20,440
And it would be sitting in front
of the slowest machine, which 

853
00:47:20,440 --> 00:47:23,720
would be the, the bottleneck. 
And you go, oh, if we can just 

854
00:47:23,720 --> 00:47:26,480
speed up that one, everything 
else speeds up. 

855
00:47:27,040 --> 00:47:31,200
So, so that's when it's obvious.
That's when you can make it 

856
00:47:31,200 --> 00:47:33,600
visible the the type of work I 
do. 

857
00:47:35,840 --> 00:47:39,720
I often use traffic analogies 
because if if the people are 

858
00:47:39,720 --> 00:47:43,240
motorists, you explain that 
there's no point in widening a 

859
00:47:43,240 --> 00:47:45,840
dual carriageway if there's a 
badly phased set of traffic 

860
00:47:45,840 --> 00:47:48,440
lights at the end of the road, 
because all you're doing is just

861
00:47:48,440 --> 00:47:54,400
moving a jam somewhere else. 
And I keep writing about this 

862
00:47:54,400 --> 00:47:57,480
business where sometimes you 
have to go slower to go faster. 

863
00:47:58,000 --> 00:48:01,680
So smart motorways are massively
counter intuitive because the 

864
00:48:01,680 --> 00:48:05,520
idea that by slowing down from 
70 to 50 you might arrive at 

865
00:48:05,520 --> 00:48:10,360
your destination sooner seems 
mad to the individual motorist. 

866
00:48:11,080 --> 00:48:15,200
OK, the individual motorist has 
a heuristic go as fast as I can.

867
00:48:15,480 --> 00:48:19,000
But because there has to be a 
gap between cars and the gap 

868
00:48:19,000 --> 00:48:22,960
increases not exponentially, but
non linearly with speed. 

869
00:48:23,520 --> 00:48:26,640
There are literally situations 
where if you all slow down to 

870
00:48:26,640 --> 00:48:30,640
50, you'll proceed to your 
destination at 50 miles an hour.

871
00:48:30,800 --> 00:48:34,920
If you continue driving at 71, 
person just hits the brake 

872
00:48:34,920 --> 00:48:38,240
lights for a second and you end 
up with people driving at 5 

873
00:48:38,240 --> 00:48:42,280
miles an hour or nought miles an
hour for 10 minutes, which more 

874
00:48:42,280 --> 00:48:44,840
than none does the benefit you 
gain from going at 70. 

875
00:48:45,240 --> 00:48:48,080
So people have this. 
I I'm I'm a lone defender of 

876
00:48:48,080 --> 00:48:50,920
Britain's smart motorways 
because I actually argue that 

877
00:48:50,920 --> 00:48:55,560
the benefits are invisible to 
the, the, the, the costs that 

878
00:48:55,560 --> 00:48:57,680
are visible to the individual 
motorist. 

879
00:48:58,080 --> 00:49:00,720
But the benefits, of course, are
a traffic jam that never 

880
00:49:00,720 --> 00:49:02,840
happened, which they never get 
to see. 

881
00:49:03,680 --> 00:49:07,480
When I lived in Scotland and I 
used to have to commute between 

882
00:49:07,480 --> 00:49:13,840
Edinburgh and Glasgow to to get 
home, I would deliberately annoy

883
00:49:13,880 --> 00:49:18,960
the people behind me by leaving 
maybe 3 or 4 car lengths in 

884
00:49:18,960 --> 00:49:22,840
front. 
And I did that knowing that if 

885
00:49:22,840 --> 00:49:26,240
the cars in front slowed down, I
had a buffer in front of me 

886
00:49:26,240 --> 00:49:30,240
where I could slow down without 
causing all the cars behind me 

887
00:49:30,240 --> 00:49:32,720
to suddenly do that. 
Brake light, slow slow so slow 

888
00:49:32,880 --> 00:49:35,120
all the way back for for for 
miles. 

889
00:49:35,320 --> 00:49:37,840
And I know it annoyed people 
that were behind me, but I 

890
00:49:37,840 --> 00:49:40,320
actually speed up the entire 
traffic while I was commuting 

891
00:49:40,320 --> 00:49:42,480
anyway. 
To a certain extent. 

892
00:49:43,120 --> 00:49:46,720
It would be lovely if you wanted
to dictate it. 

893
00:49:47,200 --> 00:49:51,560
I had a friend who was devoted 
to complexity theory who became 

894
00:49:51,560 --> 00:49:55,680
so obsessed with not breaking 
because he was aware that his 

895
00:49:55,680 --> 00:50:02,280
brake lights created congestion.
OK because she ended up running 

896
00:50:02,280 --> 00:50:04,240
into the car at fright. 
OK. 

897
00:50:04,720 --> 00:50:08,560
Because he, he basically 
optimized his driving around the

898
00:50:08,560 --> 00:50:11,800
minimizing use of the press 
anyway. 

899
00:50:12,080 --> 00:50:13,640
But he was doing jobs. 
Work. 

900
00:50:13,920 --> 00:50:18,480
Yeah, you've got to be careful. 
So if I take that your question,

901
00:50:18,480 --> 00:50:20,640
where do you find bottleneck? 
So that's the obvious one, 

902
00:50:20,640 --> 00:50:23,080
right? 
If you walk into your hospital, 

903
00:50:23,920 --> 00:50:27,280
you just look at the waiting 
lists and you know what sits at 

904
00:50:27,280 --> 00:50:30,040
the end of them. 
There's you've got a candidate 

905
00:50:31,400 --> 00:50:34,600
and, and my 2 bottleneck books 
have got lots of examples there 

906
00:50:34,880 --> 00:50:37,760
where you just, you just look 
and you go, oh, OK, there's not 

907
00:50:37,760 --> 00:50:40,720
enough operating theatres or 
maybe there's not enough nursing

908
00:50:40,720 --> 00:50:41,960
staff. 
It could be surgeons. 

909
00:50:42,160 --> 00:50:45,560
You know where it is, but you 
don't know exactly which type of

910
00:50:45,560 --> 00:50:47,840
resource it is. 
So those ones are all when 

911
00:50:47,840 --> 00:50:49,720
people are doing the work. 
If, if, if you're dealing with a

912
00:50:49,720 --> 00:50:54,400
leader, and that's what I do 
these days, it's a lot harder 

913
00:50:54,480 --> 00:51:00,080
because leaders do not want to 
be called a bottleneck. 

914
00:51:00,280 --> 00:51:02,880
And, and maybe Rory, I or 
actually both of you isn't your 

915
00:51:02,880 --> 00:51:07,000
marketing geniuses. 
This is my can actually, can I 

916
00:51:07,000 --> 00:51:09,240
tell you a story? 
I, when I was talking to Paul 

917
00:51:09,240 --> 00:51:11,400
when we were sitting this up, he
said, have a story to tell about

918
00:51:11,400 --> 00:51:12,600
botany. 
And I've got to tell you this 

919
00:51:12,600 --> 00:51:16,760
one because I'm so proud of this
and it will, will illustrate 

920
00:51:16,800 --> 00:51:21,880
the, the, the situation. 
A colleague of mine, I sort of 

921
00:51:21,880 --> 00:51:26,000
not a colleague, sorry, a client
of mine, Angela, Angela G'day of

922
00:51:26,680 --> 00:51:29,520
she's works for a company called
Wise Tech in Australia. 

923
00:51:30,240 --> 00:51:32,560
And I started working with her 
about five years ago. 

924
00:51:32,920 --> 00:51:37,600
And during that time, she grew 
her team from having about 25 

925
00:51:37,600 --> 00:51:42,200
people up to having between 3 
and 400 people spread all around

926
00:51:42,200 --> 00:51:44,240
the world. 
And just a few months ago she 

927
00:51:44,680 --> 00:51:48,880
won the Australian Businesswoman
and Tech award. 

928
00:51:48,880 --> 00:51:50,200
So she's, she's done really 
well. 

929
00:51:50,200 --> 00:51:52,160
She's got this amazing personal 
story. 

930
00:51:52,200 --> 00:51:55,400
I, I, I was there sort of 
helping her, supporting her to, 

931
00:51:55,400 --> 00:52:01,200
to just constantly, you know, to
grow from 25 to 50 to 100 to 150

932
00:52:01,200 --> 00:52:03,960
to, you know, there's a lot of 
work you've got to do with your 

933
00:52:03,960 --> 00:52:05,600
whole team, but also as the 
leader. 

934
00:52:06,080 --> 00:52:08,400
Now the trouble, if you look, 
I've worked with a lot of people

935
00:52:08,400 --> 00:52:10,440
like Angel, but of course I 
mentioned here because I like 

936
00:52:10,440 --> 00:52:13,280
showing off because she's just 
done, you know, she won 

937
00:52:13,480 --> 00:52:15,960
Australian Businesswoman of the 
year award, right? 

938
00:52:16,760 --> 00:52:22,240
But as we work with each other, 
it, it was really hard, even 

939
00:52:22,240 --> 00:52:24,040
though she knows about the 
theory of constraints, because 

940
00:52:24,040 --> 00:52:26,960
Wise Tech, the company that she 
works with, uses theory 

941
00:52:26,960 --> 00:52:29,560
constraints all through them. 
She, she, she knows about it. 

942
00:52:29,560 --> 00:52:32,320
It's really, really, when we 
first talked, she said, you 

943
00:52:32,320 --> 00:52:34,000
know, it was, she was quite open
about this. 

944
00:52:34,160 --> 00:52:38,640
It's it's really, really hard to
admit that you as the leader of 

945
00:52:38,640 --> 00:52:43,200
a bottleneck and your 
organization cannot grow unless 

946
00:52:43,200 --> 00:52:46,320
you can. 
Yep, you, you, you're basically 

947
00:52:46,320 --> 00:52:47,880
you, you are. 
If you think of a bottom, the 

948
00:52:47,880 --> 00:52:50,520
other way of thinking about you 
are constrained or you are 

949
00:52:50,520 --> 00:52:56,720
limited by the number of hours 
that the leader can stay awake. 

950
00:52:57,320 --> 00:53:01,280
So the the analogy I work with 
her and and I would have used 

951
00:53:01,280 --> 00:53:04,560
Russian dolls, but she's 
Russian, so I couldn't use it. 

952
00:53:04,560 --> 00:53:07,520
And what do you snakes? 
But it's Australian. 

953
00:53:07,520 --> 00:53:10,360
So you people get offended if 
you compare them to snakes. 

954
00:53:10,520 --> 00:53:13,400
You know, they that that snakes 
as they grow, they shake their 

955
00:53:13,400 --> 00:53:15,240
skin. 
I've actually popped into chat 

956
00:53:15,240 --> 00:53:18,960
cheat CP and I think I've found 
the most wonderful for me 

957
00:53:19,960 --> 00:53:23,240
metaphor for, for how how people
grow and how leaders grow. 

958
00:53:23,640 --> 00:53:25,320
And, and it's like a hermit 
crab. 

959
00:53:26,160 --> 00:53:29,160
So if you can, you can look at 
your own lives and you can look,

960
00:53:29,760 --> 00:53:32,640
say where you're going to be 
when you're say 70 compared to 

961
00:53:32,640 --> 00:53:36,120
where you were when you were 17.
And, and through your life, you 

962
00:53:36,120 --> 00:53:38,680
will have been in one shell at 
17. 

963
00:53:38,720 --> 00:53:42,080
And then you outgrew that shell 
and suddenly you had to do 

964
00:53:42,080 --> 00:53:43,880
something brave like like a 
hermit crab. 

965
00:53:43,880 --> 00:53:48,400
You have to go naked for a 
little bit and then go to 

966
00:53:48,400 --> 00:53:50,800
another bigger shell. 
And then when you got in that 

967
00:53:50,800 --> 00:53:54,040
shell, you bought stuff with 
you, which you probably 

968
00:53:54,040 --> 00:53:57,600
shouldn't have. 
And then you're missing things 

969
00:53:57,600 --> 00:53:59,880
because you've got a bigger 
shell and your brain has to do 

970
00:53:59,880 --> 00:54:02,080
so much more work. 
And then you just get 

971
00:54:02,080 --> 00:54:04,080
comfortable in it. 
And what happens? 

972
00:54:04,560 --> 00:54:06,960
You keep growing. 
So then suddenly you got to look

973
00:54:06,960 --> 00:54:09,160
around for another shell. 
You got to do that naked dash 

974
00:54:09,160 --> 00:54:11,280
again from your shell to the 
next one. 

975
00:54:11,280 --> 00:54:13,400
And you get to there and 
everything you knew. 

976
00:54:13,400 --> 00:54:17,520
Some of it's actually slowing 
you down now, some of it doesn't

977
00:54:17,520 --> 00:54:19,480
belong in your head. 
So you've got to get rid of it 

978
00:54:19,680 --> 00:54:21,920
And, and as you grow, you've got
to learn to trust yourself. 

979
00:54:21,920 --> 00:54:25,760
You've got to go through this 
imposter syndrome over and over 

980
00:54:25,760 --> 00:54:28,320
and over again. 
You're almost like forming, 

981
00:54:28,320 --> 00:54:31,680
storming, norming and performing
inside your own head, but also 

982
00:54:31,680 --> 00:54:34,920
with your own team. 
I, I, I find that really, really

983
00:54:34,920 --> 00:54:38,040
just just satisfying because I 
just think myself, I know the 

984
00:54:38,040 --> 00:54:43,760
shell Lyman 5-6 or eight years 
ago I was living in Scotland and

985
00:54:43,760 --> 00:54:47,040
now I'm back in New Zealand and 
I had to choose a totally, 

986
00:54:47,440 --> 00:54:50,720
totally different thing. 
And it wasn't just moving from 

987
00:54:50,720 --> 00:54:52,240
physically from one place to the
next. 

988
00:54:52,440 --> 00:54:55,160
My mind had to move from one 
place to the next. 

989
00:54:55,480 --> 00:54:58,680
And as I like working with 
people like Angela, you know, 

990
00:54:58,680 --> 00:55:02,240
it's just so incredibly 
interesting. 

991
00:55:02,520 --> 00:55:05,280
I don't know how to do their 
jobs, but just sitting down 

992
00:55:05,280 --> 00:55:10,480
thinking, you know, what got you
here is not going to get you to 

993
00:55:10,480 --> 00:55:12,680
the next step. 
You need to grow. 

994
00:55:14,280 --> 00:55:16,560
How, how do we do that? 
And, and, and actually, if I'm 

995
00:55:16,600 --> 00:55:20,200
quite frank, and this is 
everyone that I work with, it's,

996
00:55:20,200 --> 00:55:23,680
it's all about trust. 
Everything is about trust, trust

997
00:55:23,680 --> 00:55:26,320
with other people because you 
grow bigger and bigger. 

998
00:55:26,480 --> 00:55:28,280
You have to suddenly start 
working with the people that 

999
00:55:28,280 --> 00:55:30,760
scared you. 
You've got teams that used to 

1000
00:55:30,760 --> 00:55:32,600
work for you. 
Now they've got layers of people

1001
00:55:32,600 --> 00:55:35,000
working with you. 
But more than anything else, 

1002
00:55:35,000 --> 00:55:37,600
that's actually about the trust 
of yourself. 

1003
00:55:37,880 --> 00:55:39,840
That was a great good old 
finding wasn't it? 

1004
00:55:39,840 --> 00:55:41,720
What they called psychological 
safety. 

1005
00:55:42,360 --> 00:55:45,680
I think if I'm right, Google did
a lot of research into what 

1006
00:55:45,680 --> 00:55:48,600
created high performing teams. 
I think they did. 

1007
00:55:48,720 --> 00:55:50,160
And they he wrote their book 
about it. 

1008
00:55:50,280 --> 00:55:55,000
They got Yeah. 
Anyway, sorry, yeah, I know 

1009
00:55:55,000 --> 00:55:58,080
you're an expert in Agile as 
well as being an expert in 

1010
00:55:58,080 --> 00:56:00,880
bottlenecks. 
Out of the two out of the two 

1011
00:56:00,880 --> 00:56:09,040
effectively inform each other. 
Oh, OK, so yeah, I'm, I'm both 

1012
00:56:09,040 --> 00:56:13,400
and, and my book Rolling Rocks 
Downhill was about that and, and

1013
00:56:13,400 --> 00:56:19,160
I mentioned my new, new book 
that I'm working on before I 

1014
00:56:19,160 --> 00:56:21,840
think we started recording when 
I, when we, we talked about how 

1015
00:56:21,840 --> 00:56:23,920
I have to change the name 
because it sounds rude when I 

1016
00:56:23,920 --> 00:56:28,200
say it out loud with my accent. 
So I won't say it here in case 

1017
00:56:28,200 --> 00:56:34,880
you get expletive warnings and 
stuff, but this is so. 

1018
00:56:34,960 --> 00:56:39,960
So what Agile does is, is it 
basically takes the idea from 

1019
00:56:39,960 --> 00:56:44,280
the Japanese manufacturing, 
which we all kind of inherited 

1020
00:56:44,280 --> 00:56:47,280
and understand now, which is 
that you don't leave all your 

1021
00:56:47,280 --> 00:56:50,560
testing of your cars until the 
end of the line and then beat 

1022
00:56:50,560 --> 00:56:53,440
out the, the, the, the, the fix 
the stuff there. 

1023
00:56:53,600 --> 00:56:57,120
You build it as you go along. 
So Agile just works in small 

1024
00:56:57,120 --> 00:56:59,880
chunks and it's so obvious 
everyone, no one knows it's that

1025
00:56:59,880 --> 00:57:02,360
this office built an agile 
today, but every app gets 

1026
00:57:02,360 --> 00:57:05,240
updated every few days or every 
week that they've got agile 

1027
00:57:05,240 --> 00:57:08,360
process behind them. 
Where it works for software is 

1028
00:57:12,240 --> 00:57:15,240
you have to, if you just think 
about the bottleneck stuff of 

1029
00:57:15,240 --> 00:57:19,480
it, you don't want the leader of
your team, someone like Angela 

1030
00:57:19,480 --> 00:57:22,000
who I mentioned, you don't want 
them to be the bottleneck 

1031
00:57:22,000 --> 00:57:25,960
because you could have 3 or 400 
people who are busy waiting on 

1032
00:57:25,960 --> 00:57:30,440
strategic decisions. 
And forgive me for doing a Venn 

1033
00:57:30,440 --> 00:57:33,520
diagram here, I know people 
can't see it, but three circles.

1034
00:57:34,280 --> 00:57:38,520
One, the two at the bottom are 
expertise and management skills.

1035
00:57:39,160 --> 00:57:41,520
So that's the stuff that every 
leader has in them. 

1036
00:57:41,840 --> 00:57:44,200
And that the top one is the job 
they're meant to doing, which is

1037
00:57:44,200 --> 00:57:46,480
actually leading. 
And when they get really, really

1038
00:57:46,480 --> 00:57:53,440
busy, they sacrifice leading in 
order to be the expert in, in, 

1039
00:57:53,440 --> 00:57:57,360
in the business domain or, or 
whatever it is they do and, and 

1040
00:57:57,360 --> 00:57:59,280
to manage all of the day-to-day 
stuff. 

1041
00:57:59,920 --> 00:58:02,320
And So what they do, they get so
busy, they sacrifice. 

1042
00:58:02,480 --> 00:58:05,720
Actually, leadership is the 
second thing that they 

1043
00:58:05,720 --> 00:58:07,720
sacrifice. 
The first thing is their home 

1044
00:58:07,720 --> 00:58:09,600
life. 
So they sacrifice their home 

1045
00:58:09,600 --> 00:58:12,560
life, then they sacrifice 
leadership and then they just 

1046
00:58:12,560 --> 00:58:14,640
become busy, busy, busy, busy 
bosses. 

1047
00:58:15,120 --> 00:58:19,800
And then you've got, if you want
to spot that kind of bottleneck 

1048
00:58:19,800 --> 00:58:24,320
to go back to Elfs original 
question, you find that 

1049
00:58:24,320 --> 00:58:28,480
bottleneck by going are they a 
leader question 1/2. 

1050
00:58:29,240 --> 00:58:32,720
Do they have a whole lot of 
unanswered decisions and 

1051
00:58:32,720 --> 00:58:37,880
questions in their inbox? 
And if they've got those two 

1052
00:58:37,880 --> 00:58:40,560
there, they won't admit they're 
a bottleneck because it sounds 

1053
00:58:40,560 --> 00:58:44,160
like a, an insult or an 
accusation, but they then need 

1054
00:58:44,160 --> 00:58:47,720
help to claw back time because 
otherwise all of those decisions

1055
00:58:48,400 --> 00:58:51,080
are slowing down their entire 
organization. 

1056
00:58:51,800 --> 00:58:54,320
So if you think about system 
seeing, that's a way of seeing, 

1057
00:58:54,320 --> 00:58:57,280
is this person a bottleneck? 
And, and, and you'll know that 

1058
00:58:57,280 --> 00:58:59,760
really good. 
No, not not good. 

1059
00:58:59,760 --> 00:59:01,760
That's the wrong word. 
You, you know, when you have a 

1060
00:59:01,760 --> 00:59:04,920
non bottleneck manager because 
they seem wise, they seem 

1061
00:59:04,920 --> 00:59:06,840
thoughtful because they have 
time to talk to people. 

1062
00:59:07,960 --> 00:59:10,360
They seem just really organised,
usually because they have an 

1063
00:59:10,360 --> 00:59:13,240
assistant or a chief of staff 
who who works with them. 

1064
00:59:13,600 --> 00:59:17,800
And more than anything else, 
they have to, they have time to 

1065
00:59:17,800 --> 00:59:20,880
do that top bubble on the Venn 
diagram, which is thinking, 

1066
00:59:21,160 --> 00:59:24,480
which is what leading is. 
It's thinking about the big 

1067
00:59:24,480 --> 00:59:26,720
things. 
And if you get rid of that, you 

1068
00:59:26,840 --> 00:59:31,120
de strategize your business 
because your leaders aren't 

1069
00:59:31,120 --> 00:59:34,480
don't have enough time to lead. 
Because I think, I think there's

1070
00:59:34,480 --> 00:59:37,720
a really interesting insight 
here, not only into leadership 

1071
00:59:37,960 --> 00:59:41,040
as bottleneck, which is 
fascinating, but one of the 

1072
00:59:41,040 --> 00:59:43,360
things those people do when 
they're very busy is they create

1073
00:59:43,360 --> 00:59:48,640
a bureaucracy around them, OK? 
And they try and devolve 

1074
00:59:48,640 --> 00:59:52,320
decisions and the bureaucracy 
doesn't have the confidence that

1075
00:59:52,320 --> 00:59:55,720
a leader does. 
So it effectively defends itself

1076
00:59:55,720 --> 01:00:00,240
by creating highly systematized 
uniform modes of decision 

1077
01:00:00,240 --> 01:00:02,680
making. 
OK, which then mean that the 

1078
01:00:02,680 --> 01:00:07,000
organization is unable to cope 
with outlier in any respect. 

1079
01:00:07,320 --> 01:00:09,680
But there's another interesting 
thing with the bureaucracy, 

1080
01:00:09,680 --> 01:00:11,200
which termly occurred to me the 
other day. 

1081
01:00:11,680 --> 01:00:14,480
We tend to get angry with 
bureaucrats or public sector 

1082
01:00:14,480 --> 01:00:17,200
workers. 
Because we pay them a salary. 

1083
01:00:18,240 --> 01:00:22,800
And my argument is most, in most
cases, what they do is probably 

1084
01:00:22,800 --> 01:00:28,040
worth the money. 
The cost actually is not the 

1085
01:00:28,040 --> 01:00:31,200
salary you pay them. 
It's the extent to which they 

1086
01:00:31,200 --> 01:00:34,840
create bottlenecks or 
inefficiencies in the fast 

1087
01:00:34,840 --> 01:00:38,160
flowing of a system. 
And there's a wonderful have you

1088
01:00:38,160 --> 01:00:40,800
read, by the way, The 
Unaccountability Machine by Dan 

1089
01:00:40,800 --> 01:00:43,480
Davis? 
You recommended it and I 

1090
01:00:43,480 --> 01:00:45,440
purchased it. 
You may notice a patent here. 

1091
01:00:46,520 --> 01:00:47,120
Don't. 
Worry. 

1092
01:00:47,320 --> 01:00:50,080
Keep making me spend money and I
want to read it but I haven't 

1093
01:00:50,080 --> 01:00:50,800
got. 
Back to it yet. 

1094
01:00:50,800 --> 01:00:54,640
So, so, so one of the things he,
he's very interested now that 

1095
01:00:54,640 --> 01:00:57,160
obviously when you're talking 
about agile and you're talking 

1096
01:00:57,160 --> 01:01:00,200
about say, Toyota's Kaizen 
manufacturing process, that was 

1097
01:01:00,200 --> 01:01:03,280
a guy called William Edward, 
William Edwards Deming, wasn't 

1098
01:01:03,280 --> 01:01:04,480
it? 
Or West Edwards Deming. 

1099
01:01:04,600 --> 01:01:07,960
Yeah, OK. 
And he was effectively in a 

1100
01:01:07,960 --> 01:01:11,720
sense, partly the architect of 
the Japanese economic miracle 

1101
01:01:11,960 --> 01:01:14,720
and understood things like to 
optimize the whole, you have to 

1102
01:01:14,720 --> 01:01:18,280
sub optimize the parts. 
Now most people in a siloed 

1103
01:01:18,280 --> 01:01:22,320
organization, procurement are 
optimizing cost savings, 

1104
01:01:22,520 --> 01:01:25,760
marketing and trying to optimize
customer satisfaction, OK. 

1105
01:01:26,320 --> 01:01:30,080
You know, if you have both those
entities entirely focused on one

1106
01:01:30,080 --> 01:01:33,720
thing rather than understanding 
the whole, it's effectively 

1107
01:01:33,720 --> 01:01:36,840
completely counterproductive. 
But Dan Davis is also very 

1108
01:01:36,840 --> 01:01:38,960
interested in, I don't know to 
what extent you've ever got into

1109
01:01:38,960 --> 01:01:41,440
cybernetics, Have you? 
I I. 

1110
01:01:42,400 --> 01:01:44,640
Read a little bit about it, but 
you'll just. 

1111
01:01:44,920 --> 01:01:47,320
You'll discover a bit which is 
it's effectively that we tend to

1112
01:01:47,320 --> 01:01:52,200
use financial flows within an 
organization as the the sole 

1113
01:01:52,200 --> 01:01:55,480
form of information flow when of
course there are lots and lots 

1114
01:01:55,480 --> 01:01:57,320
of other information 
bottlenecks. 

1115
01:01:57,600 --> 01:02:00,040
You say it's not just a 
financial bottleneck or a 

1116
01:02:00,040 --> 01:02:02,120
production bottleneck. 
There are informational 

1117
01:02:02,120 --> 01:02:04,640
bottlenecks and constraints and 
so forth. 

1118
01:02:05,520 --> 01:02:08,440
And one of the things that 
drives him practically insane at

1119
01:02:08,440 --> 01:02:11,040
the moment is that if you want 
to get planning permission for a

1120
01:02:11,040 --> 01:02:16,440
house in the UK or, or a factory
or whatever, you're allowed to 

1121
01:02:16,440 --> 01:02:20,880
consult extensively with the 
people at the council who give 

1122
01:02:20,880 --> 01:02:22,440
you approval. 
OK. 

1123
01:02:23,720 --> 01:02:28,600
And that's all fine and dandy 
because you can find creative 

1124
01:02:28,600 --> 01:02:30,880
ways between the two of you of 
overcoming problems. 

1125
01:02:31,600 --> 01:02:35,320
And then you submit your 
proposals for approval. 

1126
01:02:35,560 --> 01:02:38,400
None of the people who have 
spoken to you are allowed to 

1127
01:02:38,400 --> 01:02:40,120
play any part in the approval 
process. 

1128
01:02:40,360 --> 01:02:44,920
And the idea is it's to prevent 
corruption or right, whatever. 

1129
01:02:44,920 --> 01:02:47,480
Maybe. 
But as a consequence, you're now

1130
01:02:47,480 --> 01:02:50,920
starting all over again with a 
group of people who want to 

1131
01:02:50,920 --> 01:02:53,520
justify their existence by 
finding problems. 

1132
01:02:54,120 --> 01:02:57,520
Yes. 
You effectively, you effectively

1133
01:02:57,520 --> 01:03:02,400
turned a one stage process into 
a, into a repeat process where 

1134
01:03:02,520 --> 01:03:05,560
in many cases, and then of 
course your, your appeal gets 

1135
01:03:05,560 --> 01:03:07,800
turned down and has to start all
over again. 

1136
01:03:08,120 --> 01:03:10,680
So the entire consultative 
process, which could have been 

1137
01:03:10,680 --> 01:03:13,880
creative and valuable, now 
becomes actually largely 

1138
01:03:13,880 --> 01:03:17,160
wasteful. 
And he gets really, really 

1139
01:03:17,160 --> 01:03:19,360
obsessed with the order in which
things happen. 

1140
01:03:19,720 --> 01:03:21,800
And I think, I think there's 
this wonderful thing. 

1141
01:03:22,360 --> 01:03:25,360
Greg Jackson, you you probably 
know, do you have octopus energy

1142
01:03:25,360 --> 01:03:28,400
in New Zealand? 
No no, but I know I still read 

1143
01:03:28,440 --> 01:03:31,000
all of the UK. 
Papers, it's only a matter of 

1144
01:03:31,000 --> 01:03:34,960
time again, but Greg, who I 
regard to be a thorough going 

1145
01:03:34,960 --> 01:03:36,600
genius who should be Prime 
Minister. 

1146
01:03:37,680 --> 01:03:40,440
Greg also founded a business 
which is I think called 

1147
01:03:40,440 --> 01:03:43,240
Consultant Direct. 
And this was you go to the GP 

1148
01:03:43,240 --> 01:03:46,680
and what used to happen was the 
GP would say I need to refer you

1149
01:03:46,680 --> 01:03:50,360
to a consultant. 
In the old days, my grandfather 

1150
01:03:50,360 --> 01:03:52,960
was a doctor. 
You would actually be handed a 

1151
01:03:52,960 --> 01:03:55,800
letter to take to the 
consultant, OK. 

1152
01:03:56,240 --> 01:03:57,760
And then the consultant would 
open it. 

1153
01:03:58,080 --> 01:04:01,160
Now what would happen is you, 
you, you then go home and then 

1154
01:04:01,160 --> 01:04:03,920
you'd wait for a good for a 
consultant's appointment to 

1155
01:04:03,920 --> 01:04:05,480
become available. 
And then you go and see the 

1156
01:04:05,480 --> 01:04:08,800
consultant, OK. 
And Greg just had a load of 

1157
01:04:08,800 --> 01:04:11,600
consultants who are available on
the phone, OK. 

1158
01:04:11,600 --> 01:04:14,240
This was his, the business he 
started up at the same time he 

1159
01:04:14,240 --> 01:04:16,720
actually started on because he's
no longer involved in it, but he

1160
01:04:16,720 --> 01:04:21,640
founded it and the GP with you 
present would call a consultant.

1161
01:04:23,680 --> 01:04:26,320
Three things. 
So by removing it, by the way, 

1162
01:04:26,840 --> 01:04:29,480
when you had to take the letter 
to the consultants, there was a 

1163
01:04:29,480 --> 01:04:32,800
colleague, my grandfather's, who
wrote a letter to the 

1164
01:04:32,800 --> 01:04:34,640
consultant. 
She was a friend of his which 

1165
01:04:34,640 --> 01:04:39,080
started here with this old trout
and the woman opened the letter.

1166
01:04:39,080 --> 01:04:42,600
So it was a dangerous thing to 
do anyway, but it was a 

1167
01:04:42,600 --> 01:04:46,600
completely ludicrous sequential 
process when it should have been

1168
01:04:46,600 --> 01:04:49,400
a parallel process. 
What Greg's system would do is 

1169
01:04:49,400 --> 01:04:52,120
you bring the consultant, and 
the consultant might say one of 

1170
01:04:52,120 --> 01:04:54,080
three things, yes, I need to see
this person. 

1171
01:04:55,040 --> 01:04:59,080
OK, Second possibility, in which
case it was pretty similar to 

1172
01:04:59,080 --> 01:05:03,080
what happened before. 
However, 5060% of the time, two 

1173
01:05:03,080 --> 01:05:06,200
other things happen. 
One, you don't need to see me. 

1174
01:05:06,200 --> 01:05:08,400
You need to wait for eight 
months and come back. 

1175
01:05:09,280 --> 01:05:13,280
OK, actually, or you don't need 
to see me at all because this is

1176
01:05:13,360 --> 01:05:15,520
a case of X and it's going to go
away. 

1177
01:05:16,400 --> 01:05:20,160
OK, Awful lot, by the way, of 
back pain and things like that. 

1178
01:05:20,480 --> 01:05:23,640
Basically the best advice is to 
wait eight months, don't 

1179
01:05:23,640 --> 01:05:27,480
intervene too soon. 
It's a third thing was, yes, you

1180
01:05:27,480 --> 01:05:31,640
do need to see me, but have 
these tests first. 

1181
01:05:32,280 --> 01:05:35,120
So now by getting the test 
commissioned by the GP first, 

1182
01:05:35,280 --> 01:05:38,000
you'd bypassed a whole extra 
weight in the process from the 

1183
01:05:38,000 --> 01:05:40,000
patient's point of view. 
OK. 

1184
01:05:40,440 --> 01:05:45,080
And another one is have these 
tests and unless it shows a GPOL

1185
01:05:45,080 --> 01:05:49,320
level of seven plus, OK, don't 
bother coming to see me yet. 

1186
01:05:50,080 --> 01:05:54,880
OK, So it basically turned an 
absolutely moronic linear 

1187
01:05:54,880 --> 01:05:58,640
process into regardless of the 
circumstances we go through the 

1188
01:05:58,640 --> 01:06:02,640
we go through the motions into a
depending on six or seven 

1189
01:06:02,640 --> 01:06:06,200
different things, we will now 
create new optimal paths, each 

1190
01:06:06,200 --> 01:06:09,880
of which is different from, you 
know, it's no longer a system, 

1191
01:06:10,360 --> 01:06:12,920
but that that that kind of 
business is the kind of business

1192
01:06:12,920 --> 01:06:16,680
which literally we need to look 
for because it benefits 

1193
01:06:17,080 --> 01:06:20,920
absolutely everybody, OK, It 
benefits the NHS, it benefits 

1194
01:06:20,920 --> 01:06:25,120
the patient, it benefits the GP,
it benefits, by the way, it's 

1195
01:06:25,120 --> 01:06:28,280
especially benefits the 
consultants because they can now

1196
01:06:28,280 --> 01:06:31,120
make some money while they're on
a golf course in Villamora 

1197
01:06:31,120 --> 01:06:34,440
answering the phone, right? 
Which is without stereotyping 

1198
01:06:34,440 --> 01:06:36,680
hospital consultants, you know, 
but I think that's what quite a 

1199
01:06:36,680 --> 01:06:41,200
lot of them would like to do. 
So you watch it talking about. 

1200
01:06:42,680 --> 01:06:45,440
Yeah, exactly. 
Can I tell you my wife's 

1201
01:06:45,560 --> 01:06:50,240
bottleneck story? 
I think, I think your listeners 

1202
01:06:50,240 --> 01:06:52,920
would would like it, but I got 
to tell you that what I'm about 

1203
01:06:52,920 --> 01:06:58,400
to tell you is not the full 
truth because and it's not 

1204
01:06:58,400 --> 01:07:00,920
wasn't actually my wife, it's a 
fictional blah, blah, blah. 

1205
01:07:01,120 --> 01:07:03,880
Because I tend to tell it, I try
and make it more interesting 

1206
01:07:03,880 --> 01:07:05,080
than it probably was at the 
time. 

1207
01:07:05,920 --> 01:07:08,840
So before we got married, I 
don't know how this happened 

1208
01:07:08,840 --> 01:07:10,680
that we got married because we 
used to go out for dinner and I 

1209
01:07:10,680 --> 01:07:14,400
tell her all about bottlenecks 
and theory of constraints, which

1210
01:07:14,400 --> 01:07:17,240
is is is is embarrassing in 
retrospect, but she married me 

1211
01:07:17,240 --> 01:07:19,320
nonetheless. 
And then we moved to Scotland 

1212
01:07:19,320 --> 01:07:22,560
and she got her first consulting
job, which is an old age 

1213
01:07:22,800 --> 01:07:26,280
psychiatrist. 
And the person who she replaced 

1214
01:07:26,280 --> 01:07:30,400
had been there five days a week 
and we just had our first baby 

1215
01:07:30,400 --> 01:07:32,960
and she was going back to work 
for three days a week. 

1216
01:07:33,240 --> 01:07:39,480
So she was suddenly same, same 
area, same patch, same number of

1217
01:07:39,920 --> 01:07:45,560
patients, all of that, but she 
was doing three days rather than

1218
01:07:45,560 --> 01:07:49,800
five days, which is a big, big, 
massive opportunity to create a 

1219
01:07:49,800 --> 01:07:52,960
bottleneck because you had five 
days capacity made into 3. 

1220
01:07:53,360 --> 01:07:55,800
And when she got in there, she 
just looked around and I, again,

1221
01:07:56,080 --> 01:07:58,560
I'd make up a lot of the stuff 
to make it sound interesting, 

1222
01:07:58,840 --> 01:08:01,640
but she looked around and she 
went and she, she just realized 

1223
01:08:01,640 --> 01:08:06,120
that she's inherited a six 
month, 26 week waiting list, 

1224
01:08:06,400 --> 01:08:10,400
which is not good if you for, 
for old age psychiatry that you 

1225
01:08:10,400 --> 01:08:13,680
know, you, there's, there's 
limitation, natural limitations 

1226
01:08:13,680 --> 01:08:17,359
at play here. 
And she was really unhappy with 

1227
01:08:17,359 --> 01:08:20,680
that, that the end result that 
she got it down to, I think 

1228
01:08:20,680 --> 01:08:25,720
about 10 or 12 weeks over a six 
or maybe nine month period. 

1229
01:08:26,240 --> 01:08:29,240
And, and her first bit was 
going, and she didn't tell me 

1230
01:08:29,240 --> 01:08:31,520
this for a couple of years until
afterwards, because she went 

1231
01:08:31,520 --> 01:08:33,160
around and goes, right, where's 
the bottleneck? 

1232
01:08:34,200 --> 01:08:36,080
And she went around and goes, 
right, I've got all of these 

1233
01:08:36,080 --> 01:08:38,120
people working here. 
Where's the bottleneck? 

1234
01:08:38,200 --> 01:08:39,760
Do we have enough nurses? 
Yes. 

1235
01:08:39,760 --> 01:08:43,680
Do we have enough beds? 
Do we have enough food 

1236
01:08:43,680 --> 01:08:47,319
preparation facilities? 
Do we have enough transport for 

1237
01:08:47,319 --> 01:08:48,720
people? 
Because it was a rural area? 

1238
01:08:48,840 --> 01:08:51,399
She went through all of these 
things with GPS, everything. 

1239
01:08:51,520 --> 01:08:54,640
She's trying to go, if it was a 
crime scene, she was trying to 

1240
01:08:54,840 --> 01:08:56,279
think of the bottling detective 
book. 

1241
01:08:56,279 --> 01:08:59,160
She was trying to identify the 
suspects, right? 

1242
01:08:59,479 --> 01:09:01,560
Who could possibly be the 
bottleneck? 

1243
01:09:02,080 --> 01:09:04,800
And then I like to think that 
one day she's standing and 

1244
01:09:04,800 --> 01:09:07,319
looking at the mirror and going,
I've eliminated everyone. 

1245
01:09:07,319 --> 01:09:12,120
And then she looks at herself 
and goes, that must be me as as 

1246
01:09:12,160 --> 01:09:15,479
the IT was suddenly it was her 
and it was the least obvious 

1247
01:09:15,479 --> 01:09:18,240
person. 
And so, so now Can you imagine 

1248
01:09:18,240 --> 01:09:22,160
you're 1 consultant and you've 
got the these things that I list

1249
01:09:22,160 --> 01:09:25,840
off some things she did. 
So one of them was she looked. 

1250
01:09:25,880 --> 01:09:31,040
And in my book, I have the focus
formula, which is FOCCCUS. 

1251
01:09:31,680 --> 01:09:35,680
If it's refined, the three 
things coordinate, collab, 

1252
01:09:36,640 --> 01:09:40,520
collaborate, a curate. 
What she did is curated the 

1253
01:09:40,520 --> 01:09:41,680
patient. 
She looked at them and her 

1254
01:09:41,680 --> 01:09:46,240
predecessor had seen everyone on
every year come back. 

1255
01:09:46,840 --> 01:09:49,000
And she looked at them and 
discovered some people should be

1256
01:09:49,000 --> 01:09:52,040
coming back every three months. 
Some people should be coming 

1257
01:09:52,040 --> 01:09:54,320
back to see a nurse. 
Some people should be coming 

1258
01:09:54,320 --> 01:09:58,280
back to see her every two years 
or maybe just going to see their

1259
01:09:58,280 --> 01:10:00,200
GP if they thought they needed 
to. 

1260
01:10:00,400 --> 01:10:04,160
So they curated the stuff and 
just like a curator in a museum 

1261
01:10:04,160 --> 01:10:06,000
because. 
Previously, they were optimizing

1262
01:10:06,000 --> 01:10:08,520
for the average a patient was a 
patient was a patient was a 

1263
01:10:08,520 --> 01:10:10,320
patient. 
And it was all average. 

1264
01:10:10,480 --> 01:10:11,520
Yeah. 
So she did this. 

1265
01:10:11,520 --> 01:10:14,120
This is my argument with 
airports, which is that they 

1266
01:10:14,120 --> 01:10:17,440
curate that half the people want
a shopping centre and the 

1267
01:10:17,440 --> 01:10:21,040
frequent Flyers basically want a
direct route to the plane. 

1268
01:10:21,280 --> 01:10:24,640
Yes, yes, yeah, yeah. 
Yeah, meant she has to just to 

1269
01:10:24,640 --> 01:10:27,160
divert a little bit mention 
well, I shouldn't say divert 

1270
01:10:27,160 --> 01:10:32,000
with airports in mind, but 
Manchester the the domestic 

1271
01:10:32,000 --> 01:10:35,200
terminal used to I don't know if
they still do. 

1272
01:10:35,200 --> 01:10:38,000
It's been 10 years and I just 
kept to go through it every 

1273
01:10:38,480 --> 01:10:41,440
every few weeks. 
They used to use as they would 

1274
01:10:41,440 --> 01:10:45,200
have a deliberate bottleneck 
would be the rate that they let 

1275
01:10:45,200 --> 01:10:49,240
people through security because 
it was limited shopping space, 

1276
01:10:49,240 --> 01:10:52,160
limited seats and they couldn't 
let people in fast enough. 

1277
01:10:52,160 --> 01:10:55,160
So they just slowed down 
security and if the worst place 

1278
01:10:55,160 --> 01:10:58,120
in the world to be slowed down 
and having to stand and wait the

1279
01:10:58,120 --> 01:11:01,360
security and I'd hope I don't 
keep I'm just they were 

1280
01:11:01,360 --> 01:11:03,200
assholes. 
There's no other name for it. 

1281
01:11:04,520 --> 01:11:08,080
You've probably been up the 
ranks and and and iTunes ratings

1282
01:11:08,080 --> 01:11:11,440
and things now. 
OK, so Eurostar, Eurostar keeps 

1283
01:11:11,440 --> 01:11:14,800
arguing we can't possibly have 
competitors on the high speed 

1284
01:11:14,800 --> 01:11:18,480
rail routes because there isn't 
enough capacity at the lounges 

1285
01:11:18,560 --> 01:11:21,680
at Saint Pancras and the and the
boarding area at Saint Pancras 

1286
01:11:21,960 --> 01:11:25,600
now, right, there are enormous 
potential boarding areas at EMS 

1287
01:11:25,600 --> 01:11:29,520
Fleet and Ashford. 
If you said to people, if you're

1288
01:11:29,520 --> 01:11:32,440
prepared to use high speed one 
to travel to Ashford and you 

1289
01:11:32,440 --> 01:11:37,000
board the train there, OK, we'll
give you, you know, double 

1290
01:11:37,000 --> 01:11:39,360
points on our loyalty program. 
All right. 

1291
01:11:40,080 --> 01:11:42,960
And much nicer sitting waiting. 
And much nicer. 

1292
01:11:43,760 --> 01:11:46,240
Some people do that anyway. 
I know people in Greenwich 

1293
01:11:46,240 --> 01:11:49,480
should used used to drive to EBS
fleets to catch the Eurostar 

1294
01:11:49,480 --> 01:11:51,040
because the boarding experience 
was bad. 

1295
01:11:51,520 --> 01:11:53,360
You know, you just get people to
board somewhere else. 

1296
01:11:53,360 --> 01:11:56,000
You only need this is the thing.
You don't need everybody to do 

1297
01:11:56,000 --> 01:11:59,320
it that an engineering solution 
will get everybody doing 

1298
01:11:59,320 --> 01:12:02,200
something different. 
A psychological solution gets 

1299
01:12:02,360 --> 01:12:05,400
the people for whom it's least 
inconvenience to do the thing, 

1300
01:12:05,800 --> 01:12:08,960
and that's enough. 
And then the focus. 

1301
01:12:09,000 --> 01:12:11,720
Coordination and curation. 
The 2GO together. 

1302
01:12:11,720 --> 01:12:15,600
So she basically curates, she 
created the patients and goes, 

1303
01:12:15,760 --> 01:12:17,520
these people don't need to come 
back every six months. 

1304
01:12:17,520 --> 01:12:18,800
They need to come back every 12 
months. 

1305
01:12:19,080 --> 01:12:21,640
This is it's. 
So obvious, isn't it? 

1306
01:12:21,640 --> 01:12:23,560
But hadn't we done before? 
So she did that. 

1307
01:12:23,560 --> 01:12:26,200
Another thing she does is change
the rural area. 

1308
01:12:26,440 --> 01:12:28,320
She had to go to different 
hospitals and drive between 

1309
01:12:28,320 --> 01:12:30,560
them. 
So she thought, oh, I normally 

1310
01:12:30,560 --> 01:12:32,120
couldn't get away with this 
because it would sound like I'm 

1311
01:12:32,120 --> 01:12:34,800
being selfish. 
But she went and talked to the 

1312
01:12:34,800 --> 01:12:38,440
various old folks homes in the 
wards and stuff and said, would 

1313
01:12:38,440 --> 01:12:41,880
you mind if we change the order?
I did this because if I go in 

1314
01:12:41,880 --> 01:12:45,640
the opposite order, I will be 
going against the bad traffic. 

1315
01:12:45,640 --> 01:12:48,480
So I'll be here quicker. 
It'll give me half an hour extra

1316
01:12:48,480 --> 01:12:51,400
every day. 
So can you just see how clever 

1317
01:12:51,400 --> 01:12:54,080
and simple it is that that's 
like maybe 10 or 15% more 

1318
01:12:54,080 --> 01:12:58,320
capacity? 
She, she used to eat with old, 

1319
01:12:58,360 --> 01:13:00,240
old folks. 
Again, this is just sort of 

1320
01:13:00,240 --> 01:13:03,760
simple psychology and I've used 
this with a lot of business 

1321
01:13:03,760 --> 01:13:07,360
people. 
Actually, no, I want to go into 

1322
01:13:07,360 --> 01:13:11,800
that, but she's going to go 
along to she's got old people 

1323
01:13:11,800 --> 01:13:14,520
don't always turn up for their 
appointments. 

1324
01:13:15,560 --> 01:13:19,400
So and it's just the curse. 
And I'm sure you've heard Robert

1325
01:13:19,400 --> 01:13:23,680
Giordini's idea of asking people
to commit to turning up and to 

1326
01:13:23,680 --> 01:13:24,880
phone them if they're not going 
to. 

1327
01:13:24,880 --> 01:13:28,920
And just stuff like that. 
That doesn't necessarily work if

1328
01:13:29,400 --> 01:13:32,120
you know, if you've got someone 
who's got memory problems. 

1329
01:13:32,640 --> 01:13:35,040
So she just goes, sometimes it's
going to happen. 

1330
01:13:35,040 --> 01:13:37,000
And they would do all the follow
up and encourage people to turn 

1331
01:13:37,000 --> 01:13:38,480
up. 
But but for people that didn't, 

1332
01:13:38,760 --> 01:13:41,800
she just started making sure 
that she is so obvious that she 

1333
01:13:41,800 --> 01:13:44,760
had work that she could do if 
someone didn't turn up. 

1334
01:13:45,240 --> 01:13:47,520
And then, quite often, she'd 
actually better do a home visit 

1335
01:13:47,520 --> 01:13:51,440
for them on the way home. 
Because she because she got less

1336
01:13:51,440 --> 01:13:54,120
administrative work to do, so 
she had time to go and see them.

1337
01:13:54,840 --> 01:13:57,000
Yeah. 
She just did an admin work that 

1338
01:13:57,000 --> 01:13:59,120
she may be doing at 4:00 at the 
end of the day. 

1339
01:13:59,120 --> 01:14:01,880
She did it during the patients 
time when they didn't turn up 

1340
01:14:03,040 --> 01:14:05,440
and yeah. 
There's a brilliant one, by the 

1341
01:14:05,440 --> 01:14:07,640
way, in terms of bottleneck. 
When I went in for I think it 

1342
01:14:07,640 --> 01:14:10,000
was a cataract operation. 
You have some really weird 

1343
01:14:10,000 --> 01:14:14,080
things, like if anybody's got a 
latex allergy, they have to be 

1344
01:14:14,080 --> 01:14:17,800
the first patient of the day 
because obviously surgeon 

1345
01:14:17,800 --> 01:14:21,760
surgeons use latex gloves and 
it's rare, but it but it's a 

1346
01:14:21,760 --> 01:14:24,640
really serious allergy 
apparently, but must be really 

1347
01:14:24,640 --> 01:14:27,720
bad if you're, if you've got a 
sexual fetish for latex allergy,

1348
01:14:27,720 --> 01:14:39,720
that must be really awful. 
But one of the brilliant things,

1349
01:14:39,720 --> 01:14:42,640
by the way, was simply the they 
realized the bottleneck wasn't 

1350
01:14:42,640 --> 01:14:50,040
shortage of surgeons OK. 
It was that you had to stop and 

1351
01:14:50,040 --> 01:14:52,360
clean the operating theatre in 
between each patient. 

1352
01:14:52,680 --> 01:14:56,520
If you ran one surgeon with two 
operating theatres, the old 

1353
01:14:56,520 --> 01:14:59,760
theatre was being cleaned while 
there was an operation going on 

1354
01:14:59,760 --> 01:15:02,320
in theatre too. 
And then you flipped and then 

1355
01:15:02,320 --> 01:15:05,120
you flipped and you effectively 
double capacity with no increase

1356
01:15:05,120 --> 01:15:07,280
in employment. 
There's an even better story by 

1357
01:15:07,280 --> 01:15:09,040
the way, which you'll absolutely
love. 

1358
01:15:09,360 --> 01:15:13,280
I've got some friends in Kent to
run a waste collection business 

1359
01:15:13,280 --> 01:15:17,600
and they've got the contract to 
for a London borough to collect 

1360
01:15:17,600 --> 01:15:25,160
all their bins and they had a 
massive problem with effectively

1361
01:15:25,800 --> 01:15:28,120
missed collections. 
And then then of course the 

1362
01:15:28,120 --> 01:15:29,760
people complain. 
They said you didn't collect my 

1363
01:15:29,760 --> 01:15:34,920
bins, you didn't empty my bins. 
The problem was weirdly solved 

1364
01:15:34,960 --> 01:15:38,960
by getting rid of one person on 
a garbage truck, because now you

1365
01:15:38,960 --> 01:15:42,120
had two people and one guy was 
responsible for the left hand 

1366
01:15:42,120 --> 01:15:44,280
side of the street and the other
guy was responsible for the 

1367
01:15:44,280 --> 01:15:46,360
right hand side of the street. 
Right. 

1368
01:15:46,720 --> 01:15:50,200
When you had three people, there
was a level of informational 

1369
01:15:50,200 --> 01:15:54,320
confusion eventually meant that 
that's not my bin, that's 

1370
01:15:54,320 --> 01:15:56,800
Barry's going to collect that 
one, and then Barry didn't 

1371
01:15:56,800 --> 01:15:58,960
collect it. 
I'm stereotyping garbage 

1372
01:15:58,960 --> 01:16:03,680
collection people as male. 
They tend, they tend to be male,

1373
01:16:03,680 --> 01:16:07,200
right? 
And consequently actually by 

1374
01:16:07,200 --> 01:16:10,880
removing one person, you 
actually improve the the level 

1375
01:16:10,880 --> 01:16:14,000
of efficiency. 
It's surprising that how often 

1376
01:16:14,240 --> 01:16:17,000
they actually. 
It's really, really interesting 

1377
01:16:17,000 --> 01:16:20,040
because actually, if you look at
informational bottlenecks or 

1378
01:16:20,040 --> 01:16:25,040
general confusion, sometimes 
fewer people fundamentally 

1379
01:16:26,440 --> 01:16:30,560
operate more effectively. 
And the conversation of, sorry, 

1380
01:16:30,560 --> 01:16:32,760
just jumping in there, the 
conversation of like human 

1381
01:16:32,760 --> 01:16:36,320
bottlenecks and and Clark, I 
think you said something there 

1382
01:16:36,320 --> 01:16:40,400
about your wife that actually 
she if obviously if you had to 

1383
01:16:40,400 --> 01:16:43,400
recreate the aha moment, it 
would've been like looking into 

1384
01:16:43,400 --> 01:16:46,480
the mirror, which is basically 
identifying that you are the 

1385
01:16:46,480 --> 01:16:48,400
problem. 
But that's very, very 

1386
01:16:48,400 --> 01:16:52,360
interesting because it means 
that the, the, the likelihood of

1387
01:16:52,360 --> 01:16:57,840
a nation A-Team being over to go
from stagnation to flywheel and 

1388
01:16:57,840 --> 01:17:00,720
therefore unlocking the 
bottleneck also requires 

1389
01:17:00,720 --> 01:17:02,640
self-awareness of the leader, 
right? 

1390
01:17:02,920 --> 01:17:07,400
So you need to be able to look 
at yourself 1st and even 

1391
01:17:07,400 --> 01:17:10,480
consider yourself being the 
problem. 

1392
01:17:10,480 --> 01:17:13,480
So I had a lot of challenges 
when I was making that 

1393
01:17:13,480 --> 01:17:16,920
transition from being an 
executor to being a leader 

1394
01:17:16,920 --> 01:17:19,480
because 1. 
I loved getting involved in the 

1395
01:17:19,480 --> 01:17:22,080
work itself. 
I loved being the creative. 

1396
01:17:22,320 --> 01:17:26,240
But then also what happens is it
almost like developed this 

1397
01:17:26,680 --> 01:17:31,240
almost like history of success 
That therefore gets you thinking

1398
01:17:31,240 --> 01:17:33,800
that what's got me here is going
to be the thing that's going to 

1399
01:17:33,800 --> 01:17:36,440
get me to the next level. 
But the world changes. 

1400
01:17:36,440 --> 01:17:37,840
I. 
Heard about chilled crabs? 

1401
01:17:37,960 --> 01:17:41,360
They've got to be different. 
100% And the thing that unlocked

1402
01:17:41,360 --> 01:17:45,480
that thinking was one had a 
conversation with Ben, Ben 

1403
01:17:45,480 --> 01:17:49,080
Francis, who's the CEO of, of 
gym Shark. 

1404
01:17:49,080 --> 01:17:52,680
And basically he told me that I 
should find an outlet, right. 

1405
01:17:52,680 --> 01:17:56,680
So Lewis Hamilton, his 
bottleneck was the fact that he 

1406
01:17:56,680 --> 01:17:59,400
took F1 was his everything, 
right? 

1407
01:17:59,560 --> 01:18:02,920
So he put all his focus in F1 
and when he started to get other

1408
01:18:03,520 --> 01:18:06,680
things to be able to transmit 
his passion, he was able to be 

1409
01:18:06,680 --> 01:18:10,240
very rational in his car, right.
So I, I started posting on 

1410
01:18:10,240 --> 01:18:12,480
LinkedIn. 
So that was 1 unlock, but then 

1411
01:18:12,480 --> 01:18:16,960
then so I was still able to get 
my creative edge, but then come 

1412
01:18:17,000 --> 01:18:23,080
into the workplace unemotive 
very rational because it was no 

1413
01:18:23,080 --> 01:18:25,320
longer about me. 
It was more about the work. 

1414
01:18:25,720 --> 01:18:28,520
Now another trip that changed my
life was going to matter. 

1415
01:18:28,880 --> 01:18:33,760
And actually what the message 
was was find unlock the 

1416
01:18:33,760 --> 01:18:36,400
bottleneck, but it actually was 
transmitted. 

1417
01:18:36,400 --> 01:18:38,760
The information was transmitted 
looking at three main things, 

1418
01:18:38,760 --> 01:18:42,440
which was the fact that you 
should not let yourself be 

1419
01:18:42,440 --> 01:18:46,200
crippled by perfection, right? 
You should focus on impact over 

1420
01:18:46,200 --> 01:18:49,120
effort, right? 
If you think about the marketing

1421
01:18:49,120 --> 01:18:52,880
world and just the way that 
agencies are almost like set up 

1422
01:18:52,880 --> 01:18:55,840
and the fact that it's all about
time, it's all about perfection.

1423
01:18:55,840 --> 01:18:59,800
It's all about the visuals. 
But really the how you make or 

1424
01:18:59,800 --> 01:19:04,040
how you almost like contribute 
to organizational changes 

1425
01:19:04,040 --> 01:19:06,920
through unlocking bottlenecks 
that are not necessarily things 

1426
01:19:06,920 --> 01:19:10,240
that take you a lot of time. 
It's just about finding areas to

1427
01:19:10,240 --> 01:19:13,440
unlock and, and Gym Shark's 
whole model was all about 

1428
01:19:13,440 --> 01:19:17,640
focusing on impact of effort. 
We did a shoot in Japan that had

1429
01:19:17,640 --> 01:19:21,680
a crew of 20 people that didn't 
shift the dial at all from a 

1430
01:19:21,680 --> 01:19:25,520
sales perspective. 
But curating a flat lay image 

1431
01:19:25,960 --> 01:19:29,720
from a lady that was part of our
community that made the, the, 

1432
01:19:29,720 --> 01:19:33,000
the content of the, the, the, 
the leggings feel like it was in

1433
01:19:33,520 --> 01:19:36,440
one of our ordinances wardrobe 
that actually got the 

1434
01:19:36,440 --> 01:19:38,440
relatability factor that we 
needed to be able to ship the 

1435
01:19:38,440 --> 01:19:40,440
dial. 
And we started to think 

1436
01:19:40,640 --> 01:19:42,200
actually, is there a simpler way
to do it? 

1437
01:19:42,200 --> 01:19:45,720
So you actually had an access of
impact versus effort, right? 

1438
01:19:46,320 --> 01:19:49,040
The, the next one was all about 
false constraints, right? 

1439
01:19:49,440 --> 01:19:52,200
A lot of the times we create 
constraints that tell us, well, 

1440
01:19:52,200 --> 01:19:55,160
we can't do this because either 
somebody hasn't done it before 

1441
01:19:55,280 --> 01:19:57,960
or we haven't done it before, or
it's something new. 

1442
01:19:58,160 --> 01:20:00,040
But often they're not. 
Those are false, right? 

1443
01:20:00,320 --> 01:20:04,480
And if you actually try to have 
a a test and learn a mentality, 

1444
01:20:04,480 --> 01:20:07,200
which is we're not going to. 
Now changes as a failure, we're 

1445
01:20:07,200 --> 01:20:08,800
just testing and learning, 
right? 

1446
01:20:09,080 --> 01:20:11,520
That is another thing that a lot
of people are very fearful of, 

1447
01:20:11,520 --> 01:20:16,240
especially when you think about 
European culture, if you will. 

1448
01:20:16,480 --> 01:20:18,720
But then actually the the 
biggest one I think that a lot 

1449
01:20:18,720 --> 01:20:21,960
of leaders are really scared 
about is this whole notion of 

1450
01:20:22,600 --> 01:20:25,080
almost like taking yourself out 
of business. 

1451
01:20:25,080 --> 01:20:28,080
Gary Vaynerchuk seems to say 
it's like, if you think like a 

1452
01:20:28,080 --> 01:20:31,040
competitor that's trying to get 
you out of business and you 

1453
01:20:31,040 --> 01:20:35,120
innovate on yourself, you're 
more likely to be able to keep 

1454
01:20:35,120 --> 01:20:37,320
fighting another day. 
And, and the issue with a lot of

1455
01:20:37,320 --> 01:20:40,880
people is once they get to the 
top, they stop almost like 

1456
01:20:40,880 --> 01:20:44,480
innovating against themselves. 
We used to say, think like 19 

1457
01:20:44,480 --> 01:20:48,200
year old Ben, right? 
So Ben started Gym Shark at 19 

1458
01:20:49,080 --> 01:20:53,120
in his mother's house and he 
would look at the Nikes and it 

1459
01:20:53,120 --> 01:20:56,040
doesn't say where's the area 
that they're missing and how do 

1460
01:20:56,040 --> 01:20:58,200
I innovate there? 
And Roy, you talk about this a 

1461
01:20:58,200 --> 01:21:01,240
lot and I think a lot of people 
fail to do that to themselves, 

1462
01:21:01,240 --> 01:21:06,240
even if it means hiring the 19 
year old Ben to come in, audit 

1463
01:21:06,240 --> 01:21:09,440
your business and then taking 
that on board for you to be able

1464
01:21:09,440 --> 01:21:11,320
to innovate and keep moving 
forward. 

1465
01:21:11,320 --> 01:21:12,640
And. 
It's very interesting because 

1466
01:21:12,640 --> 01:21:17,320
actually benchmarking is often a
massive obstacle to finding a 

1467
01:21:17,320 --> 01:21:22,240
bottleneck actually, because 
patently the benchmarking hasn't

1468
01:21:22,240 --> 01:21:24,560
solved the bottleneck problem, 
OK. 

1469
01:21:24,880 --> 01:21:28,080
And what you're then doing is 
you're, if you like your 

1470
01:21:28,080 --> 01:21:32,800
widening roads where it makes no
difference because one of the, I

1471
01:21:32,800 --> 01:21:35,520
suppose one of the implications 
of bottleneck theory is that 

1472
01:21:35,520 --> 01:21:38,240
there's an off if you're, if 
you're not cognizant of 

1473
01:21:38,240 --> 01:21:41,440
bottlenecks, there is an 
unbelievable amount of wasted 

1474
01:21:41,440 --> 01:21:45,960
effort effectively, in some 
cases actually not not even 

1475
01:21:45,960 --> 01:21:48,960
pushing the needle 
ineffectually, but pushing it in

1476
01:21:48,960 --> 01:21:51,760
completely the wrong direction. 
Oh, you can totally. 

1477
01:21:51,760 --> 01:21:55,240
Yeah, yeah, totally. 
You can totally bugger things up

1478
01:21:55,840 --> 01:21:59,360
by spending your money. 
One of the things you, you, you 

1479
01:22:00,280 --> 01:22:05,720
know, like Perito 8020 rule. 
The roading systems are such a 

1480
01:22:05,720 --> 01:22:08,520
good thing to, to look at, to 
understand the stuff. 

1481
01:22:09,160 --> 01:22:13,840
If you're going to spend stuff 
money on roads in order to speed

1482
01:22:13,840 --> 01:22:17,440
them up, you identify the 
bottlenecks and, and London 

1483
01:22:17,440 --> 01:22:22,840
probably has 100 in Edinburgh, 
where I used to live outside 

1484
01:22:22,840 --> 01:22:25,040
Edinburgh, there were probably 
about 3. 

1485
01:22:25,080 --> 01:22:27,960
And, and everyone knows where 
they are and you can look at a 

1486
01:22:27,960 --> 01:22:30,120
map and you can spot them. 
But if you're going to do 

1487
01:22:30,120 --> 01:22:34,800
advertising, so, so the 
bottleneck thing is maybe .1% of

1488
01:22:34,800 --> 01:22:38,440
the actual square meters of the 
city space. 

1489
01:22:38,520 --> 01:22:40,520
If you're going to do 
advertising, you look along the 

1490
01:22:40,520 --> 01:22:43,600
roads with billboards and you're
going to do an 8020 thing, 

1491
01:22:43,600 --> 01:22:46,880
you're not going to do all the 
side streets you're going to, 

1492
01:22:47,240 --> 01:22:50,360
you're going to put them in the 
places where the traffickers and

1493
01:22:50,360 --> 01:22:53,160
they're very similar ideas of, 
you know, making the most of a 

1494
01:22:53,160 --> 01:22:57,280
small amount. 
The the bottleneck idea takes it

1495
01:22:57,280 --> 01:22:59,360
to an extreme. 
And actually like from a 

1496
01:22:59,360 --> 01:23:02,240
marketing point of view, My, my 
favorite marketing example of 

1497
01:23:02,280 --> 01:23:05,840
this is so lame. 
You 2 will roll your eyes in 

1498
01:23:05,840 --> 01:23:08,920
Edinburgh when you come up the 
steps from Waverly Station. 

1499
01:23:09,160 --> 01:23:12,160
There's an Apple store there. 
And there was in the times 

1500
01:23:12,160 --> 01:23:15,560
where, you know, replacing the 
screen was really expensive and 

1501
01:23:15,560 --> 01:23:17,120
there are all those little 
places you could go get them 

1502
01:23:17,120 --> 01:23:18,880
replaced. 
They probably still exist. 

1503
01:23:19,840 --> 01:23:23,000
One of the shops went up there. 
They paid someone to stand 

1504
01:23:23,000 --> 01:23:28,920
outside that Apple stop with a 
little sign that that said, is 

1505
01:23:28,920 --> 01:23:32,080
your screen broken? 
Go down the steps and turn left.

1506
01:23:32,800 --> 01:23:35,160
We're down there. 
You know, it was absolutely, you

1507
01:23:35,160 --> 01:23:38,520
know, that was the extremely 
well placed version of that. 

1508
01:23:38,520 --> 01:23:40,400
No billboards would have got 
them anything. 

1509
01:23:41,920 --> 01:23:44,360
It's all about just being clever
and thinking different, isn't 

1510
01:23:44,360 --> 01:23:45,480
it? 
Can I? 

1511
01:23:45,480 --> 01:23:47,000
I now? 
I don't know how much time 

1512
01:23:47,000 --> 01:23:51,000
you've got, but considering I 
have two geniuses in front of 

1513
01:23:51,000 --> 01:23:54,320
me. 
That's I wouldn't go that far 

1514
01:23:54,320 --> 01:23:55,600
I've. 
Got a question? 

1515
01:23:55,840 --> 01:23:58,520
See how I start? 
With I hate you when people say 

1516
01:23:58,520 --> 01:24:01,560
that because it basically says 
you have to solve this problem 

1517
01:24:01,560 --> 01:24:04,960
in you have. 
It's the same thing. 

1518
01:24:04,960 --> 01:24:07,360
Yeah. 
Live on there, yeah, but OK, 

1519
01:24:07,560 --> 01:24:08,760
yeah. 
Sorry, here we go. 

1520
01:24:08,920 --> 01:24:12,200
It's just a little thing, right?
So I'm writing a new book and 

1521
01:24:12,200 --> 01:24:14,160
you know when you get, you're 
just inside it. 

1522
01:24:14,880 --> 01:24:16,520
You don't like your own writing 
and everything. 

1523
01:24:16,800 --> 01:24:18,720
You can't. 
It's so hard to touch it. 

1524
01:24:19,280 --> 01:24:24,040
I have a title that the, the, 
the book is like a really short 

1525
01:24:24,040 --> 01:24:27,000
book. 
It's about how to deliver your 

1526
01:24:27,000 --> 01:24:31,640
most important software projects
on time to really aggressive 

1527
01:24:31,640 --> 01:24:33,880
dates. 
And the metaphor I use is of 

1528
01:24:33,880 --> 01:24:40,960
when Taylor Swift went to on 
whatever the Calgary, I think it

1529
01:24:40,960 --> 01:24:44,880
was whatever city somewhere in 
Canada, she went there and they 

1530
01:24:44,880 --> 01:24:48,360
actually put a motorcade on for 
her and they shut down one of 

1531
01:24:48,360 --> 01:24:51,200
the lanes so that she could get 
from the airport to the stadium.

1532
01:24:51,480 --> 01:24:54,120
And that was negotiated. 
And they basically said, you 

1533
01:24:54,120 --> 01:24:56,120
know you are. 
Not one had that as well, I 

1534
01:24:56,120 --> 01:24:57,960
think. 
Yeah, it was controversial, 

1535
01:24:57,960 --> 01:24:59,280
Yeah. 
Totally. 

1536
01:24:59,280 --> 01:25:01,600
But then they look at the the 
the value of it. 

1537
01:25:02,000 --> 01:25:05,240
There's millions, there was 
hundreds of millions of dollars 

1538
01:25:05,680 --> 01:25:08,800
in value in actually getting her
to come there and she wouldn't 

1539
01:25:08,800 --> 01:25:11,080
get there if she's going to be 
stuck in traffic or after 

1540
01:25:11,200 --> 01:25:13,600
arrived the day before. 
And so they had all of these 

1541
01:25:13,600 --> 01:25:16,080
countries are, you know, all 
these cities competing with each

1542
01:25:16,080 --> 01:25:17,920
other. 
So that's the metaphor. 

1543
01:25:17,920 --> 01:25:21,360
And the idea is it's, you know, 
you set up a motorcade for your 

1544
01:25:21,360 --> 01:25:25,000
most important projects and you 
make everything else sit in 

1545
01:25:25,000 --> 01:25:28,800
gridlock because they are, you 
know, they're they're third 

1546
01:25:28,800 --> 01:25:30,800
class citizens of all the other 
projects, right. 

1547
01:25:31,240 --> 01:25:33,120
Yeah. 
The the name that I have for it.

1548
01:25:33,120 --> 01:25:36,720
And I love this name, but I 
would love your reflection from 

1549
01:25:36,720 --> 01:25:39,520
people who aren't in stuck in my
inside my head. 

1550
01:25:40,080 --> 01:25:43,640
I want to call it cash cows make
the best burgers. 

1551
01:25:47,560 --> 01:25:49,960
You like it, Alfred? 
What do you? 

1552
01:25:49,960 --> 01:25:53,560
Reckon so so so so on my side 
something that was kind of 

1553
01:25:53,560 --> 01:25:55,680
similar and maybe this will 
help. 

1554
01:25:55,680 --> 01:26:00,000
I, I think this is actually 
coined or something, but it was 

1555
01:26:00,000 --> 01:26:02,600
a big unlock. 
I was listening to this another 

1556
01:26:02,600 --> 01:26:06,240
podcast and there was a guy 
called Mr. Wonderful on it, and 

1557
01:26:06,240 --> 01:26:10,080
he basically said that they talk
about the fact that a lot of 

1558
01:26:10,080 --> 01:26:13,960
people talk about intellectual 
intelligence, IQ, they talk 

1559
01:26:13,960 --> 01:26:17,240
about emotional intelligence. 
And the big one is all about 

1560
01:26:17,240 --> 01:26:20,520
focused intelligence, right? 
And actually, if you think about

1561
01:26:20,560 --> 01:26:24,480
the commonality between some of 
the most successful leaders, the

1562
01:26:24,480 --> 01:26:28,200
billionaires of the world, some 
might be more IQ, some might be 

1563
01:26:28,200 --> 01:26:32,520
more EQ like Steve Jobs, IQ like
Jeff Bezos. 

1564
01:26:32,720 --> 01:26:35,080
But then I think that there's a 
commonality between all of them 

1565
01:26:35,080 --> 01:26:38,000
is focus, right? 
And actually there was a metric 

1566
01:26:38,920 --> 01:26:43,120
that they say Steve Jobs used 
and it was basically signal 

1567
01:26:43,120 --> 01:26:47,080
versus noise, right? 
And it's like actually within an

1568
01:26:47,080 --> 01:26:52,240
18 hour day, there's five things
that you have to get done that 

1569
01:26:52,240 --> 01:26:56,320
are completely almost like 
significant towards moving 

1570
01:26:56,320 --> 01:26:59,200
forward and closer to your 
longer goal, right? 

1571
01:26:59,520 --> 01:27:02,440
And you should have those three 
things, only your five signals, 

1572
01:27:02,480 --> 01:27:04,080
right? 
That should be done no matter 

1573
01:27:04,080 --> 01:27:06,200
what. 
And everything else that is 

1574
01:27:06,560 --> 01:27:09,360
almost like takes you away from 
that is noise, right? 

1575
01:27:09,960 --> 01:27:13,760
And basically now when you're 
seeing things coming your way, 

1576
01:27:14,000 --> 01:27:17,920
you're able to almost like this 
is the best leaders are able to 

1577
01:27:17,920 --> 01:27:21,200
now distinguish what's noise 
versus what's signal, right? 

1578
01:27:21,640 --> 01:27:23,720
And I think that's the 
effectively the thinking that 

1579
01:27:23,720 --> 01:27:25,480
you're looking to establish, 
right? 

1580
01:27:25,480 --> 01:27:27,840
It's like, what is one thing, 
what's in one pile? 

1581
01:27:27,840 --> 01:27:31,680
What's in the other pile, right?
What's what's gold and what's 

1582
01:27:31,680 --> 01:27:32,640
shit? 
Right. 

1583
01:27:34,040 --> 01:27:38,000
What is, what is, what is almost
like momentum and what's tar, 

1584
01:27:38,200 --> 01:27:41,000
right? 
If you're able to visualize the 

1585
01:27:41,000 --> 01:27:45,400
feeling of what it feels like 
getting stuck, what's clutter 

1586
01:27:45,640 --> 01:27:49,240
versus? 
I think a lot of people tend to 

1587
01:27:49,240 --> 01:27:54,440
use a word that almost like 
feels like what it feels like to

1588
01:27:54,440 --> 01:27:57,400
get involved in that thing. 
It's almost like a noisiness. 

1589
01:27:57,440 --> 01:28:02,080
Busyness versus like freedom. 
Right after that kind of like 

1590
01:28:02,080 --> 01:28:03,760
feeling. 
I would go with something that's

1591
01:28:03,760 --> 01:28:09,280
a feeling as opposed to 
necessarily a a metaphor, if you

1592
01:28:09,280 --> 01:28:11,440
will. 
That's, that's the trouble. 

1593
01:28:11,800 --> 01:28:15,200
I had someone else who's written
a few books and I've got 5 or 

1594
01:28:15,520 --> 01:28:18,000
got 5 now there's a bit, there's
six. 

1595
01:28:18,600 --> 01:28:24,880
And she advised to make it very,
very, very agile on time, which,

1596
01:28:25,000 --> 01:28:27,200
you know, which is actually to 
some people's kind of appeal. 

1597
01:28:27,600 --> 01:28:31,720
It's really hard to, to, to 
judge it, isn't it? 

1598
01:28:31,720 --> 01:28:36,040
The, the to, to try and sum up 
something that's that's 

1599
01:28:36,040 --> 01:28:38,800
attractive people actually 
because of you, the reason I'm 

1600
01:28:38,800 --> 01:28:42,440
asking, I'm thinking, I'm 
obviously I want free consulting

1601
01:28:43,520 --> 01:28:48,840
advice. 
But for a lot of people like me 

1602
01:28:49,240 --> 01:28:54,240
who come from an engineering 
background, we, we are the what,

1603
01:28:54,240 --> 01:28:58,760
Mark Watneys of the world, you 
know, the Martian, we are the 

1604
01:28:58,760 --> 01:29:01,960
ones, the botanists that go up 
and grow potatoes and we science

1605
01:29:01,960 --> 01:29:06,600
the shit out of everything. 
It's very hard to, to, to put 

1606
01:29:06,600 --> 01:29:10,400
ourselves to, to, to look at 
the, the stuff that you guys, I 

1607
01:29:10,400 --> 01:29:13,560
don't know, I presume it comes 
naturally to you the way you 

1608
01:29:13,560 --> 01:29:16,200
guys think. 
Or is it really really hard 

1609
01:29:16,200 --> 01:29:21,080
work? 
Well, I don't know whether he's 

1610
01:29:21,080 --> 01:29:23,280
going to come in here. 
I think he's thinking. 

1611
01:29:23,280 --> 01:29:24,840
I think he's still thinking 
about it. 

1612
01:29:26,560 --> 01:29:27,960
It's sort of mean. 
I mean it. 

1613
01:29:27,960 --> 01:29:34,000
It does take hard work, but I 
mean, the one interesting thing 

1614
01:29:34,000 --> 01:29:36,120
about working in an advertising 
agency, well, there are lots of 

1615
01:29:36,120 --> 01:29:38,760
interesting things about working
in an advertising agency, but 

1616
01:29:38,760 --> 01:29:41,960
the thing of lasting importance 
about it is that it's a very 

1617
01:29:41,960 --> 01:29:46,320
unusual incentive scheme. 
If you're in the creative 

1618
01:29:46,320 --> 01:29:51,440
department, which is if you come
up with an obvious solution, OK,

1619
01:29:51,640 --> 01:29:57,400
it's a bad career move and OK, 
at the worst level, it over 

1620
01:29:57,480 --> 01:30:00,800
focuses you on the counter 
intuitive and the oblique and 

1621
01:30:00,800 --> 01:30:03,960
the surprising. 
But on the other hand, you need 

1622
01:30:03,960 --> 01:30:06,760
people like that in the world 
because everybody else, if 

1623
01:30:06,760 --> 01:30:10,840
you're in a bureaucratic role, 
OK, and you say here is a 

1624
01:30:10,840 --> 01:30:13,360
solution that makes perfect 
sense, we'll go. 

1625
01:30:13,360 --> 01:30:15,960
Well done, Jeremy. 
You know, have a promotion to 

1626
01:30:15,960 --> 01:30:20,920
G7, OK, in a creative 
department, an ad agency, you 

1627
01:30:20,920 --> 01:30:24,360
know, if you come up with five 
completely obvious decisions in 

1628
01:30:24,360 --> 01:30:29,360
a row, OK, you're out of a job. 
And, you know, it's artificial. 

1629
01:30:29,360 --> 01:30:32,280
It's weird, but it's kind of 
important, I think. 

1630
01:30:32,760 --> 01:30:35,560
I like that it's set up to weed 
out the boring. 

1631
01:30:36,040 --> 01:30:38,360
Yeah, yeah, it filters out the 
boring. 

1632
01:30:38,440 --> 01:30:40,720
I like that. 
Yeah, that makes perfect sense. 

1633
01:30:40,720 --> 01:30:44,840
But it's not interesting that, 
you know, that is actually, you 

1634
01:30:44,840 --> 01:30:49,600
know, in most cases, boring and 
logical is absolutely the way to

1635
01:30:49,600 --> 01:30:51,040
go. 
It's the best career move you 

1636
01:30:51,040 --> 01:30:53,040
can possibly make. 
And the great thing about 

1637
01:30:53,040 --> 01:30:55,240
working where I did that, 
interestingly, my brother's kind

1638
01:30:55,240 --> 01:30:57,240
of a mathematician and 
astrophysicist. 

1639
01:30:57,240 --> 01:30:59,640
And of course, one of the 
strangest things that I've 

1640
01:30:59,640 --> 01:31:02,600
started doing on YouTube is 
watching people solve 

1641
01:31:02,600 --> 01:31:05,800
mathematical equations, which 
sounds like the worst idea for 

1642
01:31:05,800 --> 01:31:07,600
television you could possibly 
conceive of. 

1643
01:31:08,000 --> 01:31:12,280
But what I've suddenly realized 
is that all it's not about your 

1644
01:31:12,280 --> 01:31:14,360
mathematical ability. 
Actually, it's about your 

1645
01:31:14,360 --> 01:31:16,920
creative ability. 
You know, quite often there's a 

1646
01:31:16,920 --> 01:31:20,440
geometric problem, a problem in 
geometry, which is completely 

1647
01:31:20,440 --> 01:31:23,640
impossible. 
And then someone draws a line 

1648
01:31:23,640 --> 01:31:28,000
between A and C and points out 
that these two angles must be 

1649
01:31:28,000 --> 01:31:29,760
the same. 
And it goes from being 

1650
01:31:29,760 --> 01:31:31,960
intractable to absolutely 
obvious. 

1651
01:31:32,640 --> 01:31:35,480
And you know, there, there's an 
awful lot there which I found 

1652
01:31:35,480 --> 01:31:38,160
fascinating, which is that in a 
sense with consumers or 

1653
01:31:38,160 --> 01:31:41,400
potential customers, maybe 
you're just missing a single 

1654
01:31:41,400 --> 01:31:45,320
line, which takes the problem 
from, if you've got to prove 

1655
01:31:45,320 --> 01:31:48,960
that a triangle has 180°, the, 
the angles within add up to 

1656
01:31:48,960 --> 01:31:52,720
180°. 
You draw a line across the apex 

1657
01:31:52,720 --> 01:31:55,840
that's parallel to the base. 
OK, it's a straight line. 

1658
01:31:56,000 --> 01:31:58,600
OK. 
And you can show that what angle

1659
01:31:58,600 --> 01:32:01,480
is angle B? 
The middle is angle A, and the 

1660
01:32:01,480 --> 01:32:04,800
third angle is angle C. 
Since they make a straight line,

1661
01:32:04,960 --> 01:32:08,280
then those 3 angles within the 
triangle must also, but without,

1662
01:32:08,280 --> 01:32:12,960
without drawing that parallel 
line, you're literally just 

1663
01:32:12,960 --> 01:32:19,360
staring into space. 
And so cognitive bottlenecks is 

1664
01:32:19,360 --> 01:32:21,680
sense what advertising is 
designed to overcome. 

1665
01:32:21,960 --> 01:32:25,200
It's, I don't get, one of the 
things that's driving me nuts at

1666
01:32:25,200 --> 01:32:28,240
the moment is, you know, I don't
think anybody solves the real 

1667
01:32:28,240 --> 01:32:32,080
cognitive bottleneck to overcome
range anxiety in electric cars, 

1668
01:32:32,640 --> 01:32:35,440
because I think everybody's 
looking at it by direct analogy 

1669
01:32:35,440 --> 01:32:37,720
with petrol and they're getting 
panicked. 

1670
01:32:38,320 --> 01:32:40,240
The actual truth of the matter 
is, once you buy an electric 

1671
01:32:40,240 --> 01:32:44,440
car, the problem is, well, 
totally irrelevant I would say. 

1672
01:32:45,760 --> 01:32:49,640
My my two friends that have 
electric cars both live up very 

1673
01:32:49,760 --> 01:32:53,560
totally different parts of the 
country, up very, very, very, 

1674
01:32:53,560 --> 01:32:58,560
very dark, windy mountainous 
roads and. 

1675
01:32:59,120 --> 01:33:02,000
They. 
Reckon that they are just just 

1676
01:33:02,200 --> 01:33:04,720
miles better for where actually 
for where they live because they

1677
01:33:04,720 --> 01:33:07,400
don't actually have to go there 
if they're running low, they 

1678
01:33:07,400 --> 01:33:11,000
plug it in at home. 
But exactly, you don't have ABP 

1679
01:33:11,000 --> 01:33:13,720
station at home. 
OK, that's one obvious thing. 

1680
01:33:13,840 --> 01:33:16,680
We wouldn't need that many 
petrol stations if everybody had

1681
01:33:16,680 --> 01:33:20,320
a hose pipe at home that 
delivered a pint an hour of 

1682
01:33:20,320 --> 01:33:25,320
petrol, right? 
But also also they will enjoy 

1683
01:33:25,320 --> 01:33:27,760
their electric cars much more if
they realize that they're 

1684
01:33:27,760 --> 01:33:30,400
actually recharging while they 
drive downhill. 

1685
01:33:32,240 --> 01:33:34,880
Yes, that once if they if they 
live in a hilly part of New 

1686
01:33:34,880 --> 01:33:37,920
Zealand. 
Now, what you cannot do when 

1687
01:33:37,920 --> 01:33:42,200
you're going downhill in a 
petrol car is convert carbon 

1688
01:33:42,200 --> 01:33:44,440
dioxide back into fuel. 
OK. 

1689
01:33:45,240 --> 01:33:48,480
But in an electric car, every 
time they're going downhill, 

1690
01:33:48,480 --> 01:33:49,920
they're getting some of their 
money back. 

1691
01:33:50,600 --> 01:33:51,880
Right. 
I like that. 

1692
01:33:51,880 --> 01:33:54,200
Once. 
Once they're made, once they're 

1693
01:33:54,200 --> 01:33:58,200
made conscious of that, they 
will find, I mean, my great joy 

1694
01:33:58,200 --> 01:34:01,880
is literally I don't when an 
electric car, if someone slows 

1695
01:34:01,880 --> 01:34:05,280
down needlessly in front of me, 
I don't get angry anymore 

1696
01:34:06,040 --> 01:34:09,080
because previously they robbed 
me of my kinetic energy and 

1697
01:34:09,080 --> 01:34:11,720
forced me to waste it and 
dissipate it as heat. 

1698
01:34:11,960 --> 01:34:14,120
Whereas now I'm just getting my 
money back and it's fine. 

1699
01:34:14,120 --> 01:34:15,400
I'll go on it. 
And of course, because the 

1700
01:34:15,400 --> 01:34:19,080
acceleration was really good, 
you don't really care anyway 

1701
01:34:19,080 --> 01:34:22,320
because you're back at 60 miles 
an hour and bloody 4 seconds. 

1702
01:34:22,920 --> 01:34:26,680
So by the way, I'm being lent 
for a week and Lotus and Mayor 

1703
01:34:26,800 --> 01:34:29,960
said to test drive. 
So I will report back on this 

1704
01:34:29,960 --> 01:34:34,160
experience. 
Absolutely. 

1705
01:34:34,160 --> 01:34:35,880
That is, they're the electric 
Lotus. 

1706
01:34:36,840 --> 01:34:40,920
And I also, I also had a look at
the Genesis GB 70, which is 

1707
01:34:40,920 --> 01:34:45,400
unbelievable. 
I mean, it's partly that people 

1708
01:34:45,400 --> 01:34:48,360
can't cope with the fact that 
you can have a luxury car and a 

1709
01:34:48,360 --> 01:34:50,840
sports car in the same car. 
Same thing. 

1710
01:34:51,080 --> 01:34:53,160
Yeah, because we've grown up 
with the idea that there's a 

1711
01:34:53,160 --> 01:34:56,920
trade off between the two, which
maybe an Aston Martin can solve,

1712
01:34:56,920 --> 01:35:00,800
or a Bentley. 
Top Gear years ago. 

1713
01:35:00,920 --> 01:35:03,160
I just want bottlenecks aren't 
always bad. 

1714
01:35:04,040 --> 01:35:05,560
No, OK. 
No, no, no, no. 

1715
01:35:06,280 --> 01:35:11,000
So Top Gear, Richard Hammond, I 
must have been 10-12 years ago 

1716
01:35:11,000 --> 01:35:15,160
now, was racing around and he 
had this car that was so fast 

1717
01:35:15,160 --> 01:35:20,600
that she had to put a bottleneck
and a limiter so that the thing 

1718
01:35:20,600 --> 01:35:23,920
wouldn't go over. 
What say, I don't know, 220 

1719
01:35:24,160 --> 01:35:26,120
miles an hour? 
I'm making up numbers here. 

1720
01:35:26,120 --> 01:35:30,800
I know nothing about this 
because the tyres couldn't 

1721
01:35:30,800 --> 01:35:33,440
handle it if it went faster. 
The tires were actually the 

1722
01:35:33,440 --> 01:35:37,120
bottleneck of the car, but they 
put in the bottleneck, you know,

1723
01:35:37,680 --> 01:35:41,600
and probably some electric 
limiting thing, a deliberate 

1724
01:35:41,600 --> 01:35:44,720
bottleneck that slowed the thing
down so that it could actually 

1725
01:35:44,720 --> 01:35:48,080
go faster, it could go as fast 
as it possibly could. 

1726
01:35:49,000 --> 01:35:50,520
I'm going to give you another 
example. 

1727
01:35:50,520 --> 01:35:53,800
I don't have it here. 
We just got a planning 

1728
01:35:53,800 --> 01:35:57,040
permission got signed off today 
for our new en suite. 

1729
01:35:58,920 --> 01:36:03,360
When, when the builder finished 
the the shower, I got in the 

1730
01:36:03,360 --> 01:36:06,160
shower after spending all this 
money and I go, the water's 

1731
01:36:06,160 --> 01:36:09,440
dribbling out like it, you know,
You know, like if I go to a 

1732
01:36:09,440 --> 01:36:12,080
massage, I want to hurt. 
If I have a shower I want. 

1733
01:36:12,560 --> 01:36:14,200
Yeah, yeah, absolutely. 
Yeah, yeah. 

1734
01:36:14,480 --> 01:36:18,240
What's? 
Yeah, and so I rang the builder 

1735
01:36:18,240 --> 01:36:19,640
and he said I'll send the plum 
around. 

1736
01:36:19,640 --> 01:36:27,400
They put a little restrictor in 
the in the shower and you can't 

1737
01:36:27,400 --> 01:36:29,840
remove it, but the plumber can 
remove it and it will let the 

1738
01:36:29,840 --> 01:36:32,240
water flow faster. 
The plumber turns up and says, 

1739
01:36:32,280 --> 01:36:34,360
oh, that's the safety thing 
because of some weird 

1740
01:36:34,360 --> 01:36:36,480
circumstance that would never 
work in this place. 

1741
01:36:36,800 --> 01:36:39,760
But there was a bottleneck 
deliberately put in as as a 

1742
01:36:39,760 --> 01:36:42,960
safety mechanism. 
And then he he removed it and 

1743
01:36:42,960 --> 01:36:46,800
the whole thing went faster. 
And if I've been open and 

1744
01:36:46,800 --> 01:36:50,600
honest, I have a bottleneck in 
my tummy. 

1745
01:36:50,640 --> 01:36:55,160
I had bariatric surgery about 
four years ago and. 

1746
01:36:55,160 --> 01:36:57,440
They. 
To be fit to be put a bottleneck

1747
01:36:57,440 --> 01:36:59,440
in there so that I couldn't 
consume as much food. 

1748
01:36:59,440 --> 01:37:03,800
It was almost like a much nicer 
version of wiring my mouth shut.

1749
01:37:04,280 --> 01:37:06,600
But it does another thing. 
It's not just a physical 

1750
01:37:07,720 --> 01:37:10,280
restriction or limitation or 
constraint. 

1751
01:37:11,080 --> 01:37:14,800
It actually turns off the the 
voices. 

1752
01:37:16,640 --> 01:37:17,880
Yeah, kind of like Ozimpic 
Dozer. 

1753
01:37:17,880 --> 01:37:18,840
Here's this. 
Saying so, it's both 

1754
01:37:18,880 --> 01:37:21,040
psychological and physical at 
the same time. 

1755
01:37:21,040 --> 01:37:24,360
It's it's both. 
Yeah, and and just so you got 

1756
01:37:24,360 --> 01:37:26,360
without, I've got one other 
thing I want to tell you just I 

1757
01:37:26,360 --> 01:37:29,120
have this list of things I I 
must share with the world. 

1758
01:37:29,440 --> 01:37:32,120
This one. 
The the thing with bottlenecks 

1759
01:37:32,440 --> 01:37:36,120
is it's actually all around us 
ways the way that people like me

1760
01:37:36,200 --> 01:37:38,320
think about it. 
And I only just realized this. 

1761
01:37:40,240 --> 01:37:42,840
The, the, the perfect analogy 
for, for bottlenecks and when 

1762
01:37:42,840 --> 01:37:45,520
you know, you have them actually
not the analogy is that the, the

1763
01:37:45,520 --> 01:37:48,800
problems don't happen if your 
organization runs at the speed 

1764
01:37:48,800 --> 01:37:51,120
of your slowest bit. 
It's every, everything's fine. 

1765
01:37:51,520 --> 01:37:54,520
It, it happens when you try and 
run your organization faster 

1766
01:37:54,520 --> 01:37:56,520
than the bottleneck. 
And the analogy is, it's like 

1767
01:37:56,520 --> 01:37:58,720
when you remember when you were 
a little kid and you were 

1768
01:37:58,720 --> 01:38:02,040
running downhill and suddenly 
you started running faster than 

1769
01:38:02,040 --> 01:38:03,360
your little legs could carry 
you. 

1770
01:38:03,760 --> 01:38:06,400
That, that that's what happens 
when you don't manage your your 

1771
01:38:06,400 --> 01:38:10,040
bottlenecks because everything 
else tries to go faster and you 

1772
01:38:10,040 --> 01:38:15,040
end up tumbling over and falling
over, breaking your nose, 

1773
01:38:15,040 --> 01:38:20,200
scraping your knees. 
And so obviously if you were 

1774
01:38:20,200 --> 01:38:23,640
running as fast as your legs 
could carry you, you wouldn't 

1775
01:38:23,640 --> 01:38:26,240
fall over, you'd be fine. 
It's it's trying to go too fast.

1776
01:38:26,680 --> 01:38:30,480
It would be like taking off that
restrictor in the car, the 

1777
01:38:30,480 --> 01:38:33,480
Richard Hammond car, and then 
racing like a Suddenly the tyres

1778
01:38:33,480 --> 01:38:36,000
explode because you of. 
Course, of course, of course. 

1779
01:38:36,000 --> 01:38:38,560
That's brilliant. 
And that needs to be the 

1780
01:38:38,560 --> 01:38:41,960
actually the the reframe for, 
for bottlenecks because that, 

1781
01:38:41,960 --> 01:38:44,200
that, that the problem in the 
solution, but they're actually 

1782
01:38:44,200 --> 01:38:47,360
not the symptom. 
Yeah, all the stuff from going 

1783
01:38:47,360 --> 01:38:48,800
faster, that's all the bad 
stuff. 

1784
01:38:49,560 --> 01:38:53,200
Yeah, I was, I was going to say 
because often than not when you 

1785
01:38:53,200 --> 01:38:57,760
think about new startups and 
scale UPS, they always, if you 

1786
01:38:57,760 --> 01:39:00,840
think about what metal used to 
use the whole move fast and 

1787
01:39:00,840 --> 01:39:04,480
break things or, or, or build 
the rocket ship whilst you're 

1788
01:39:04,480 --> 01:39:06,800
flying it. 
Those are all analogies that 

1789
01:39:06,800 --> 01:39:11,840
basically talk about removing 
bottlenecks that are preventing 

1790
01:39:11,840 --> 01:39:14,760
momentum, right. 
But if you think about the 

1791
01:39:14,760 --> 01:39:18,080
chaotic nature or the culture 
within those organizations, 

1792
01:39:18,320 --> 01:39:22,080
sometimes because there are no 
bottlenecks or the right type of

1793
01:39:22,080 --> 01:39:25,360
bottlenecks, you're not able to 
actually almost like preserve 

1794
01:39:25,360 --> 01:39:28,160
what's very important and ensure
that people don't burn out, 

1795
01:39:28,680 --> 01:39:30,080
right? 
Which is super interesting. 

1796
01:39:30,680 --> 01:39:33,840
That's the that's the ultimate 
I'll tell you how to ruin an 

1797
01:39:33,840 --> 01:39:36,240
organization. 
If if you ever seen that, that 

1798
01:39:36,240 --> 01:39:38,920
CIA guide, I think it was for 
sabotage. 

1799
01:39:38,920 --> 01:39:40,600
Just right. 
If you want to ruin an 

1800
01:39:40,600 --> 01:39:45,720
organization, get ACEO and his 
who says right got all these 

1801
01:39:45,720 --> 01:39:47,840
leaders here and they look a bit
relaxed. 

1802
01:39:47,840 --> 01:39:50,160
What I'm going to do is I'm 
going to give them each a 

1803
01:39:50,160 --> 01:39:52,960
special project that's going to 
take up half the time. 

1804
01:39:52,960 --> 01:39:58,080
I'm going to take away their, 
their assistant so that they 

1805
01:39:58,080 --> 01:40:02,200
have to schedule their own 
calendar unless you, you know 

1806
01:40:02,280 --> 01:40:05,640
what they'll probably do. 
And then the leaders will all 

1807
01:40:05,640 --> 01:40:08,200
get clogged up. 
All of their inboxes will get 

1808
01:40:08,200 --> 01:40:11,600
clogged up, full of decisions 
that aren't made yet. 

1809
01:40:11,600 --> 01:40:15,200
You remember, that's the for a 
leader, that's the most obvious 

1810
01:40:15,360 --> 01:40:18,840
visible thing. 
And then all these decisions get

1811
01:40:18,840 --> 01:40:20,000
delayed. 
It's kind of like what you're 

1812
01:40:20,000 --> 01:40:22,640
talking about with the, the, you
know, the councils and the. 

1813
01:40:24,200 --> 01:40:29,200
You, you, you just make it so 
that the the leader doesn't have

1814
01:40:29,200 --> 01:40:32,600
time to actually do all of the 
expertise, which is decision 

1815
01:40:32,600 --> 01:40:35,040
making, all the management, 
which is decision making. 

1816
01:40:35,440 --> 01:40:38,880
And worst of all, actually worst
of all, they ruin their family 

1817
01:40:38,880 --> 01:40:42,120
lives and then and they burn out
and their partners leave by. 

1818
01:40:42,160 --> 01:40:46,320
By the way, IT has facilitated a
lot of this stupidity. 

1819
01:40:46,640 --> 01:40:47,400
OK. 
Yeah. 

1820
01:40:47,640 --> 01:40:52,640
Because in the day, I actually 
am old enough to remember when 

1821
01:40:52,640 --> 01:40:57,240
most people in in the office of 
any seniority didn't type 

1822
01:40:57,440 --> 01:41:00,400
anything. 
OK, That was that. 

1823
01:41:00,520 --> 01:41:03,720
That was woefully inefficient 
because very often the typing 

1824
01:41:03,720 --> 01:41:07,840
pool was the bottleneck. 
OK, Now I'm not making this up. 

1825
01:41:07,840 --> 01:41:11,160
In Ogilvy in the 1970s, people I
spoke to who went there in the 

1826
01:41:11,160 --> 01:41:16,240
1970s said the shrewd career 
move was to spend an hour a day,

1827
01:41:16,280 --> 01:41:20,720
Terry Thomas in the typing pool,
which is you go and go there. 

1828
01:41:22,720 --> 01:41:26,200
You'd charm the typing pool and 
bring them presents because then

1829
01:41:26,320 --> 01:41:29,000
you could get things typed 
faster than your colleagues. 

1830
01:41:29,000 --> 01:41:33,160
Good, because they liked you. 
OK, Now the typing pool went. 

1831
01:41:33,160 --> 01:41:35,800
That was inefficient. 
That was that was ridiculous 

1832
01:41:35,800 --> 01:41:39,760
duplication of effort that way. 
But now you have senior people 

1833
01:41:39,760 --> 01:41:42,960
doing their own calendar 
management or doing their own 

1834
01:41:42,960 --> 01:41:47,040
timesheet. 
OK, you know, and it looks 

1835
01:41:47,040 --> 01:41:49,360
wonderfully efficient because 
you get rid of people who are 

1836
01:41:49,360 --> 01:41:53,240
generally in overhead. 
But the productivity of the 

1837
01:41:53,240 --> 01:41:57,400
people who actually add the 
value has now gone down by 50% 

1838
01:41:58,320 --> 01:42:02,480
if I mentioned. 
Angela With Angela, it was when 

1839
01:42:02,480 --> 01:42:06,200
I started working with her 
hermit crab, Angela, Woman of 

1840
01:42:06,200 --> 01:42:09,560
the Year, etcetera. 
When I first went there, the 

1841
01:42:09,560 --> 01:42:14,800
obvious thing that she needed 
was either APA or Leo McGarry. 

1842
01:42:15,000 --> 01:42:16,800
You know, The West Wing, the 
chief of. 

1843
01:42:16,800 --> 01:42:17,920
Staff. 
Yeah, yeah. 

1844
01:42:19,120 --> 01:42:24,440
And we had to sneak in a chief 
of staff disguised in another 

1845
01:42:24,440 --> 01:42:28,640
role just so that it could take 
a lot of the management stuff 

1846
01:42:28,640 --> 01:42:34,320
off her. 
And then suddenly she was able 

1847
01:42:34,320 --> 01:42:38,680
to do so much more. 
She had time to think and, and, 

1848
01:42:38,680 --> 01:42:41,080
and so much of her time was 
thinking, how do I grow this 

1849
01:42:41,080 --> 01:42:44,760
into the next hermit crab shell?
How do I do that 20 times? 

1850
01:42:44,920 --> 01:42:47,480
There was always a bottleneck, 
Dee bottleneck, bottleneck, Dee 

1851
01:42:47,520 --> 01:42:50,440
bottleneck. 
But to get us a chief of staff 

1852
01:42:50,440 --> 01:42:55,360
and it, it involved skullduggery
and sneakiness. 

1853
01:42:55,840 --> 01:43:00,760
But then three years later, 
everyone in that position was 

1854
01:43:00,760 --> 01:43:03,640
saying I need a chief of staff 
because they could actually see 

1855
01:43:03,640 --> 01:43:05,680
the difference. 
But but you can't see the 

1856
01:43:05,680 --> 01:43:08,240
difference if you've never if, 
if you're not as old as I think 

1857
01:43:08,240 --> 01:43:10,240
you're a couple of years older 
than me, Rory. 

1858
01:43:12,000 --> 01:43:16,600
And it's horrifying, isn't it? 
My hero Ellie Goldrich said. 

1859
01:43:16,600 --> 01:43:18,520
He, you know, you know when 
you've reached that age, when 

1860
01:43:18,520 --> 01:43:21,880
you've been down to do up your 
shoelaces and you when you're 

1861
01:43:21,880 --> 01:43:23,640
down there, you think, oh, is 
there anything else I can do 

1862
01:43:23,640 --> 01:43:27,040
while I'm down here? 
I think I've, I've reached that 

1863
01:43:27,240 --> 01:43:29,720
that age and I've just 
completely lost what I was going

1864
01:43:29,720 --> 01:43:31,480
to say. 
No, no, if if you've got not got

1865
01:43:31,480 --> 01:43:35,280
the experience of seeing what it
was like to have assistance, 

1866
01:43:35,800 --> 01:43:39,320
it's very, very, very hard to 
come up with a, a logical 

1867
01:43:39,320 --> 01:43:43,800
explanation that, oh, I'll get 
more done and I'm the bottleneck

1868
01:43:43,800 --> 01:43:46,480
and therefore everyone will 
actually benefit and the whole 

1869
01:43:46,480 --> 01:43:49,360
organization will run faster 
without people. 

1870
01:43:49,560 --> 01:43:51,760
It's it's quite a big mental 
leap for people to make. 

1871
01:43:52,760 --> 01:43:54,000
Very, very interesting deal. 
Yeah. 

1872
01:43:54,120 --> 01:43:57,400
That I, I, I mean, I think 
that's been genuinely 

1873
01:43:57,400 --> 01:44:02,480
catastrophic that in other 
words, what we've generally done

1874
01:44:02,480 --> 01:44:07,640
is we've replaced people who are
support staff with, with HR, you

1875
01:44:07,640 --> 01:44:11,240
know, legal compliance. 
We've replaced them with bossy 

1876
01:44:11,240 --> 01:44:14,680
bureaucrats, and it's a double 
loss for people who actually 

1877
01:44:14,680 --> 01:44:16,160
create value. 
You know, if you're a hospital 

1878
01:44:16,160 --> 01:44:19,920
consultant, you've got fewer 
orderlies working for you and 

1879
01:44:19,920 --> 01:44:22,840
you've got more assholes without
a medical qualification bossing 

1880
01:44:22,840 --> 01:44:27,000
you around. 
Story with that orderlies or. 

1881
01:44:27,200 --> 01:44:28,440
Yeah, you please. 
Yeah. 

1882
01:44:28,640 --> 01:44:31,440
All right. 
And there's AI Wish this is my 

1883
01:44:31,440 --> 01:44:36,880
story, but it was the CEO of 
three hospitals somewhere in the

1884
01:44:37,560 --> 01:44:40,600
East Coast of the UK. 
It was sort of at a conference 

1885
01:44:40,600 --> 01:44:42,960
and I think his name was 
Michael, who knows. 

1886
01:44:44,360 --> 01:44:48,360
He pops up picture on the on his
slide deck there and he says 

1887
01:44:48,680 --> 01:44:59,880
this is what it cost to increase
ophthalmic surgery by 23%, the 

1888
01:44:59,880 --> 01:45:02,640
productivity. 
And there's a picture of two 

1889
01:45:02,640 --> 01:45:04,440
chairs. 
And he said it wasn't actually 

1890
01:45:04,440 --> 01:45:06,760
these, these are my kitchen 
chairs. 

1891
01:45:06,760 --> 01:45:10,760
Two of them in the real world 
back in the hospital. 

1892
01:45:10,760 --> 01:45:13,960
I went to visit the ophthalmic 
surgeons. 

1893
01:45:14,360 --> 01:45:16,920
And they were, I was sitting 
down talking to them and they 

1894
01:45:16,920 --> 01:45:19,200
were saying, hey, we're really, 
really, really busy. 

1895
01:45:19,600 --> 01:45:21,800
And he goes, I know you're busy 
and I'm worried about that 

1896
01:45:21,800 --> 01:45:25,320
because your job, you know, you,
you can't be tired. 

1897
01:45:26,760 --> 01:45:30,600
And I don't want you guys and 
you're currently working 110% of

1898
01:45:30,600 --> 01:45:32,440
your hours. 
And they go, no, no, no, we're 

1899
01:45:32,440 --> 01:45:34,960
fine. 
And then one of them says it's 

1900
01:45:34,960 --> 01:45:37,120
actually OK because we get a lot
of breaks during the middle of 

1901
01:45:37,120 --> 01:45:41,120
the day. 
And you go, oh, OK, what's what?

1902
01:45:41,120 --> 01:45:42,360
What's happening? 
There. 

1903
01:45:42,880 --> 01:45:44,720
And they say, oh, you know how 
it is. 

1904
01:45:45,040 --> 01:45:49,320
We're wrapping up one surgery. 
So the one of the nurses will 

1905
01:45:49,320 --> 01:45:54,920
call down to the waiting area 
200 yards away and say, bring 

1906
01:45:54,920 --> 01:45:57,440
down the next patient, please. 
And then they'll go to get the 

1907
01:45:57,440 --> 01:46:00,520
patient, but they have to be 
wheeled down in a wheelchair and

1908
01:46:00,520 --> 01:46:04,400
they have to have an orderly. 
And sometimes that might take 10

1909
01:46:04,400 --> 01:46:06,360
minutes. 
So we have a little, you know, 

1910
01:46:06,360 --> 01:46:08,000
little actually, they don't 
drink caffeine, so they don't 

1911
01:46:08,000 --> 01:46:09,840
have a cup of tea. 
We have a little rest in that, 

1912
01:46:09,840 --> 01:46:12,840
that that break there while 
we're waiting for them. 

1913
01:46:13,240 --> 01:46:15,760
So he goes, oh, that's 
interesting. 

1914
01:46:15,760 --> 01:46:19,440
And then he pops down to the 
storage area in the basement, 

1915
01:46:19,440 --> 01:46:23,280
gets 2 chairs, gets an orderly, 
I presume to help them carry 

1916
01:46:23,280 --> 01:46:26,200
them up, puts them outside the 
surgery and makes that the 

1917
01:46:26,200 --> 01:46:32,560
waiting area you see, you know, 
simple and just. 

1918
01:46:33,000 --> 01:46:36,520
But he again, he had that kind 
of that quirky cleverness 

1919
01:46:36,840 --> 01:46:38,080
because they feel a little 
differently. 

1920
01:46:39,880 --> 01:46:43,880
Well, so this this conversation 
for me, it's almost like it felt

1921
01:46:43,880 --> 01:46:47,120
like inception, right? 
A bottleneck within a bottleneck

1922
01:46:47,120 --> 01:46:49,520
within a bottleneck. 
And I think that we've probably 

1923
01:46:49,920 --> 01:46:54,160
have definitely throughout this 
conversation, I just wanted to 

1924
01:46:54,160 --> 01:46:57,600
almost like sit down, experience
it and make sure that the 

1925
01:46:57,600 --> 01:47:01,200
listeners got the time to listen
to both of you geniuses speak, 

1926
01:47:01,200 --> 01:47:03,240
right? 
Because if you just think about 

1927
01:47:03,480 --> 01:47:06,480
where the world is right now and
we were just talking about 

1928
01:47:06,480 --> 01:47:10,840
bureaucracy and the fact that 
actually often than not movement

1929
01:47:10,840 --> 01:47:14,440
happens at the top, at the 
bottom, the middle is, is often 

1930
01:47:14,440 --> 01:47:18,840
people trying to justify or, or 
individuals or societies trying 

1931
01:47:18,840 --> 01:47:22,080
to justify their worth, right? 
It actually deters as a way from

1932
01:47:22,080 --> 01:47:24,160
what's what's supposed to 
actually be doing right. 

1933
01:47:24,560 --> 01:47:29,720
And I feel like if you have more
people, I'm not just focusing on

1934
01:47:29,720 --> 01:47:33,400
the individual word, but think 
about the bigger picture and how

1935
01:47:33,440 --> 01:47:37,760
them as a vehicle within this 
wider system is actually 

1936
01:47:37,760 --> 01:47:39,800
contributing towards the 
direction that we're going into 

1937
01:47:40,040 --> 01:47:41,440
that. 
I think the society would move 

1938
01:47:41,800 --> 01:47:44,480
further a lot quicker, right? 
I think there will be more 

1939
01:47:44,480 --> 01:47:45,680
innovation. 
I think there will be more 

1940
01:47:45,680 --> 01:47:47,480
growth. 
And I think we talked about the 

1941
01:47:47,480 --> 01:47:50,920
importance of abundance, right? 
I feel like we're in our society

1942
01:47:50,920 --> 01:47:55,040
right now where scarcity is 
prominent and effectively 

1943
01:47:55,320 --> 01:48:00,080
everyone thinks what's in it for
me and what we got to lose, not 

1944
01:48:00,080 --> 01:48:01,840
necessarily what have we got to 
gain? 

1945
01:48:01,840 --> 01:48:05,200
And how do we how much more can 
we grow as a civilization and as

1946
01:48:05,200 --> 01:48:06,120
people? 
And I think that this 

1947
01:48:06,120 --> 01:48:09,360
conversation is very, very 
important depending on who's 

1948
01:48:09,360 --> 01:48:11,880
listening, right? 
And I think that it can 

1949
01:48:11,880 --> 01:48:15,440
influence a lot of different 
spectrums because of how big of 

1950
01:48:15,440 --> 01:48:18,880
a universal unlock this is. 
And that's the reason why me and

1951
01:48:18,880 --> 01:48:21,520
Rory decided to to do this thing
is because we feel like it's 

1952
01:48:21,520 --> 01:48:25,640
important to have these 
conversations as society moves 

1953
01:48:25,640 --> 01:48:27,560
forward. 
But Clark, I actually, I was 

1954
01:48:27,560 --> 01:48:31,640
just going to ask almost like 
parting message, final message 

1955
01:48:31,640 --> 01:48:32,920
for everybody that was 
listening. 

1956
01:48:33,000 --> 01:48:35,000
It is one big take away for 
people to take in. 

1957
01:48:35,000 --> 01:48:38,280
But then also, I think it'll be 
great for you to let us know 

1958
01:48:38,480 --> 01:48:40,640
where people can find you some 
of the work that you're doing 

1959
01:48:40,640 --> 01:48:44,080
right now to ensure that we send
some great traffic your way all.

1960
01:48:44,800 --> 01:48:46,120
Right. 
I like traffic. 

1961
01:48:46,200 --> 01:48:47,880
That sounds like a really good 
idea. 

1962
01:48:49,720 --> 01:48:54,480
OK, actually I got can I offer a
suggestion for you, Alf? 

1963
01:48:54,920 --> 01:49:00,760
OK, take the course that you've 
done on personal branding, copy 

1964
01:49:00,760 --> 01:49:05,960
it and rename it Personal 
Branding for Left Brain 

1965
01:49:05,960 --> 01:49:09,320
Thinkers. 
I will do that right now. 

1966
01:49:11,600 --> 01:49:15,920
Because it's it's, it's 
something that that people like 

1967
01:49:15,920 --> 01:49:18,240
me in my 20s, I probably would 
have rolled my. 

1968
01:49:18,240 --> 01:49:21,760
Eyes also, if you do that, put 
the price up because the more 

1969
01:49:21,760 --> 01:49:25,000
specific the target audience, 
the more you can premiumize. 

1970
01:49:25,480 --> 01:49:29,080
There you go. 
I think, and I think it will, 

1971
01:49:29,120 --> 01:49:32,760
will you could do it for 
doctors. 

1972
01:49:33,640 --> 01:49:38,920
You could have this same 
content, but it's it's like the 

1973
01:49:39,400 --> 01:49:42,960
I was at nurofen for back. 
I actually went night like I 

1974
01:49:42,960 --> 01:49:46,440
heard this from Rory, you know, 
have I, I went, I had a 

1975
01:49:46,440 --> 01:49:52,560
toothache and, and I went and I 
was looking for nurofen or it 

1976
01:49:52,560 --> 01:49:55,960
was ibuprofen and I wanted one 
that was specifically for sore 

1977
01:49:55,960 --> 01:49:59,080
teeth and they didn't have 1. 
And I got in a Strop in the 

1978
01:49:59,080 --> 01:50:02,880
supermarket and I just grabbed 
the same 1 and I knew logically 

1979
01:50:03,040 --> 01:50:04,960
that it had for teeth, it would 
be the same thing. 

1980
01:50:05,320 --> 01:50:07,360
And I went home and then I 
refused to take it because it 

1981
01:50:07,360 --> 01:50:10,400
wasn't for teeth. 
So that's rational for you, 

1982
01:50:10,400 --> 01:50:12,960
isn't it? 
OK, if OK, I'm just going to 

1983
01:50:12,960 --> 01:50:15,080
think what's really, really 
useful for people. 

1984
01:50:17,480 --> 01:50:20,160
There's, there's lots of things 
you can do with this stuff, but 

1985
01:50:20,160 --> 01:50:22,480
I, I think that the most 
important, but, and, and you 

1986
01:50:22,480 --> 01:50:25,840
both repeated it. 
I'm going to use a slightly 

1987
01:50:25,840 --> 01:50:29,040
different way of putting it. 
And it's not about bottlenecks. 

1988
01:50:29,040 --> 01:50:32,160
But if, if you do, if someone 
does happen to look at the 

1989
01:50:32,240 --> 01:50:34,640
bottleneck detective book, 
you'll see there's actually 2 

1990
01:50:34,640 --> 01:50:36,680
halves. 
And I pointed out the first half

1991
01:50:36,680 --> 01:50:39,680
is about scarcity, which is 
about bottlenecks and the 

1992
01:50:39,680 --> 01:50:43,400
second-half is about abundance. 
And when you, and it's all the 

1993
01:50:43,400 --> 01:50:47,440
same very short story, but at 
the midpoint, the manager 

1994
01:50:47,440 --> 01:50:50,880
involved suddenly realizes she's
been trying to save a lot of 

1995
01:50:50,880 --> 01:50:55,920
money and now the debottleneck 
and they've got more money 

1996
01:50:55,920 --> 01:50:58,640
coming in. 
And, and it takes quite a 

1997
01:50:58,640 --> 01:51:02,360
movement for her to switch from 
trying to save with escape 

1998
01:51:02,360 --> 01:51:06,520
because of the scarcity to, to 
be in the abundance world. 

1999
01:51:07,040 --> 01:51:10,040
And if there's anything that the
analogy I have is when people 

2000
01:51:10,040 --> 01:51:13,640
are walking along the street on 
a rainy day, they look down and 

2001
01:51:13,640 --> 01:51:17,600
they, you know, they, they look 
at the footpath and they try and

2002
01:51:17,600 --> 01:51:19,680
keep the rain off and they don't
look around. 

2003
01:51:20,440 --> 01:51:23,160
That same St. a couple of days 
later when it's sunny again, 

2004
01:51:23,160 --> 01:51:24,800
they look up and they're looking
around. 

2005
01:51:25,200 --> 01:51:26,880
And that's how I think there's 
that scarcity. 

2006
01:51:26,880 --> 01:51:29,520
It's all it is actually a 
physical thing. 

2007
01:51:29,520 --> 01:51:34,000
You're not looking around. 
And but then if you can just 

2008
01:51:34,000 --> 01:51:37,080
figure out how to lift up and 
look around and see that bigger,

2009
01:51:37,080 --> 01:51:40,520
wider world, It's almost the 
opposite of like whether one of 

2010
01:51:40,520 --> 01:51:44,400
those that you know the good. 
Cameras you have. 

2011
01:51:44,560 --> 01:51:47,160
Where you can focus in and you 
can get that boker effect and 

2012
01:51:47,160 --> 01:51:50,280
blur out everything else. 
Sometimes you have to do that 

2013
01:51:50,280 --> 01:51:54,520
and you focus in and find the 
bits where you have to focus 

2014
01:51:54,520 --> 01:51:56,600
literally your attention because
they're the bottlenecks, 

2015
01:51:56,600 --> 01:51:58,680
whatever way you think of a 
bottleneck. 

2016
01:51:59,000 --> 01:52:03,320
But sometimes you'd have to 
unblur the background and make 

2017
01:52:03,320 --> 01:52:05,680
sure that you can actually go 
wide angle and just see 

2018
01:52:05,680 --> 01:52:08,560
everything. 
Both of those views are really 

2019
01:52:08,560 --> 01:52:11,360
good. 
So, so, so I'm going to end on 

2020
01:52:11,360 --> 01:52:13,440
this by saying your books 
called, of course, the 

2021
01:52:13,440 --> 01:52:16,640
Bottleneck detective. 
And obviously we're a bottleneck

2022
01:52:16,800 --> 01:52:23,120
podcasts, but the word detective
is also inordinately important 

2023
01:52:23,360 --> 01:52:26,960
here because actually this isn't
genius. 

2024
01:52:27,080 --> 01:52:29,560
It's just noticing different 
things. 

2025
01:52:30,360 --> 01:52:34,000
It's genuinely it isn't, you 
know, internal. 

2026
01:52:34,320 --> 01:52:36,920
Well, actually come to think you
in a lot of genius is just 

2027
01:52:36,920 --> 01:52:40,840
noticing different things. 
I mean, Einstein, really, you 

2028
01:52:40,840 --> 01:52:44,600
know, I'm suggesting I was dumb,
right? 

2029
01:52:44,880 --> 01:52:48,760
But he simply asked questions 
and saw things that other people

2030
01:52:48,760 --> 01:52:51,480
hadn't seen. 
Or he looked at things in a way 

2031
01:52:51,480 --> 01:52:54,720
that was from what would it be 
like to ride on a particle of 

2032
01:52:54,720 --> 01:52:56,240
light, for example. 
We know. 

2033
01:52:56,880 --> 01:53:01,080
And the detective question is 
all about effectively. 

2034
01:53:03,400 --> 01:53:06,600
And I always make the point 
about detectives, which is you 

2035
01:53:06,600 --> 01:53:09,000
don't start by trying to prove 
things. 

2036
01:53:09,000 --> 01:53:12,240
You start by trying to find out.
And there's an investigative 

2037
01:53:12,240 --> 01:53:15,200
phase and then later there's an 
evidential phase where you have 

2038
01:53:15,200 --> 01:53:18,760
to prove it in court. 
And what I think business has 

2039
01:53:18,760 --> 01:53:21,840
done is it's conflated the two, 
which is it said that everything

2040
01:53:21,840 --> 01:53:25,520
you do has to be evidence based.
But sometimes the evidence tells

2041
01:53:25,520 --> 01:53:29,040
you what to do. 
And sometimes it's by doing that

2042
01:53:29,040 --> 01:53:32,400
you create the evidence. 
So sometimes the evidence drives

2043
01:53:32,400 --> 01:53:35,560
the action, and sometimes the 
action uncovers the evidence. 

2044
01:53:36,600 --> 01:53:41,000
And we've created this weird 
linear, one unidirectional world

2045
01:53:41,240 --> 01:53:46,560
where you have to, everything 
has to be data-driven, but which

2046
01:53:46,560 --> 01:53:49,760
means you could only do the 
things the data tells you to do.

2047
01:53:50,200 --> 01:53:53,520
But what the police would do is 
they would do things which 

2048
01:53:53,520 --> 01:54:00,120
generate information, OK. 
And I, I think there's 

2049
01:54:00,120 --> 01:54:02,920
something, you know, I think in 
a way that if you look at the 

2050
01:54:02,920 --> 01:54:06,720
scientific process, 80% of 
scientific breakthroughs 

2051
01:54:07,080 --> 01:54:10,960
actually occur through chance 
observation or inspired 

2052
01:54:10,960 --> 01:54:15,040
experimentation, not through 
sequential application of, you 

2053
01:54:15,040 --> 01:54:19,560
know, of, of, of, of, of 
existing pre-existing 

2054
01:54:19,560 --> 01:54:22,880
information. 
And I think, I think that, you 

2055
01:54:22,880 --> 01:54:25,360
know, there's, there's a really,
really fundamental problem here,

2056
01:54:25,360 --> 01:54:29,720
which is probably the bottleneck
in many cases of discovery is 

2057
01:54:29,720 --> 01:54:34,960
not actually that we're not 
doing science enough, It's that 

2058
01:54:34,960 --> 01:54:36,960
we're too reliant on what we 
already know. 

2059
01:54:38,000 --> 01:54:39,480
Yeah. 
And going back to what we're 

2060
01:54:39,480 --> 01:54:43,480
saying at the very start, and 
I'm and I'm going to almost like

2061
01:54:43,880 --> 01:54:49,040
at my words on here about my 
lecturer marking me down because

2062
01:54:49,040 --> 01:54:50,840
of lack of Harvard references, 
right? 

2063
01:54:51,040 --> 01:54:53,760
It's all in the same thinking. 
That's all scarcity thinking. 

2064
01:54:53,760 --> 01:54:56,120
Where's your evidence before 
you've actually done the thing, 

2065
01:54:56,200 --> 01:55:00,600
right? 
And if just to go even bigger, I

2066
01:55:00,600 --> 01:55:03,200
was having a really great 
conversation with my Co founder 

2067
01:55:03,200 --> 01:55:06,600
Michael about the current state 
of Britain or Europe. 

2068
01:55:06,720 --> 01:55:09,560
And obviously we all know that 
scarcity mindset is the 

2069
01:55:09,560 --> 01:55:11,760
bottleneck that's keeping us 
where we are. 

2070
01:55:11,760 --> 01:55:15,600
But if you think about it even 
deeper, it's, and I think that 

2071
01:55:15,600 --> 01:55:19,600
Jeff Bezos was asked what's the 
main difference between the US 

2072
01:55:19,600 --> 01:55:24,080
and Europe when it comes to like
economical, almost like growth. 

2073
01:55:24,440 --> 01:55:27,800
And it's fear, right? 
The fear of risk, right? 

2074
01:55:28,160 --> 01:55:32,200
And if you think about where a 
lot of the money in Britain is, 

2075
01:55:32,200 --> 01:55:37,600
is either in the ground, so land
or in the bank account or in the

2076
01:55:37,600 --> 01:55:40,480
pensions, right, where don't 
make our money work. 

2077
01:55:40,480 --> 01:55:44,960
We actually need that money to 
be reinvesting in the future of 

2078
01:55:44,960 --> 01:55:49,080
the country. 
Rising property prices are a 

2079
01:55:49,080 --> 01:55:52,520
massive economic bottleneck 
which have been not, which have 

2080
01:55:52,520 --> 01:55:56,120
not been captured by existing 
economic models because they 

2081
01:55:56,120 --> 01:55:59,000
don't distinguish between land 
and capital. 

2082
01:55:59,600 --> 01:56:02,920
Yeah. 
OK, that's all down to how you 

2083
01:56:02,920 --> 01:56:06,000
define something will determine 
what you see. 

2084
01:56:07,520 --> 01:56:09,680
And by the way, the other reason
I think detective, by the way, 

2085
01:56:09,680 --> 01:56:12,200
is a great world is, is that 
sometimes the breakthrough comes

2086
01:56:12,200 --> 01:56:13,920
from noticing something really 
trivial. 

2087
01:56:15,320 --> 01:56:18,160
And every case I read about 
where, you know, the Joanna 

2088
01:56:18,160 --> 01:56:21,760
Yates case, the Dutch guy, you 
know, they asked him to account 

2089
01:56:21,760 --> 01:56:24,840
for his movements and then said 
he says, you know, and then, you

2090
01:56:25,000 --> 01:56:27,600
know, one PMI went to Asda. 
But of course, you'll know that 

2091
01:56:27,600 --> 01:56:29,440
already. 
They what? 

2092
01:56:29,440 --> 01:56:33,320
All right, OK, why would we know
that already? 

2093
01:56:33,480 --> 01:56:37,800
They got CCTV at Asda and they 
asked a perfectly reasonable 

2094
01:56:37,800 --> 01:56:40,360
question. 
Who the fuck thinks like that? 

2095
01:56:40,800 --> 01:56:42,880
You've done something about 
anything, right? 

2096
01:56:43,480 --> 01:56:46,960
OK. 
You know, really, really tiny 

2097
01:56:46,960 --> 01:56:48,520
little things. 
It's like poker. 

2098
01:56:48,680 --> 01:56:51,680
It's the towel, OK? 
There's information that is in 

2099
01:56:51,680 --> 01:56:54,160
the public domain. 
That information, by the way, 

2100
01:56:54,160 --> 01:56:56,680
that's in the public domain is 
generally pretty worthless. 

2101
01:56:57,040 --> 01:57:00,880
The information that is, that 
you notice, that everybody else 

2102
01:57:00,880 --> 01:57:03,760
ignores, that's the stuff that's
really valuable. 

2103
01:57:04,800 --> 01:57:07,800
The dog that didn't bark. 
In the night, which is my 

2104
01:57:07,800 --> 01:57:13,400
favorite, my favorite ever case 
of by the way, I was talking to 

2105
01:57:13,400 --> 01:57:16,800
someone in the British Special 
Forces and whenever they go into

2106
01:57:16,800 --> 01:57:20,080
a situation, then notice they're
told they're taught to look for 

2107
01:57:20,080 --> 01:57:24,520
two things, which is the 
presence of the unusual or the 

2108
01:57:24,520 --> 01:57:31,440
absence of the usual. 
So, so, so the, the point is 

2109
01:57:31,440 --> 01:57:34,240
that if you're going into a 
market in, you know, Iraq or 

2110
01:57:34,240 --> 01:57:38,800
something and you know, and 
obviously if there's something 

2111
01:57:38,800 --> 01:57:41,240
there you weren't expecting, 
that's important, but we're very

2112
01:57:41,240 --> 01:57:45,360
good at noticing that. 
But if the usual falafel vendor 

2113
01:57:45,600 --> 01:57:50,800
isn't there, and that's also 
something to make you alert. 

2114
01:57:52,640 --> 01:57:54,480
All right, Well, well, Clark, 
this. 

2115
01:57:54,520 --> 01:57:57,200
Has been this has been AI think 
we should do a bloody second one

2116
01:57:57,200 --> 01:58:00,240
of these because I think this 
has been absolutely. 

2117
01:58:00,280 --> 01:58:02,440
I absolutely love this. 
Every moment of it. 

2118
01:58:02,440 --> 01:58:05,160
It's lined up, it's lined up 
sensational. 

2119
01:58:05,240 --> 01:58:07,080
What a pleasure. 
Amazing. 

2120
01:58:07,280 --> 01:58:09,920
Great interview. 
Well, thank you everybody too.

