24/05/2024
Think Again: Understanding the Risks Worth Taking
“People who say it cannot be done should not interrupt those who are doing it.” ~GB Shaw
Playing it safe is risky. Good marketing is innovative, and that often means taking risks. This means, as both leaders and practitioners, we should be taking calculated risks, leaning into our failures, and encouraging others to do the same. This doesn’t mean constantly reaching for shiny objects, doing things not underpinned by solid reason, or going completely feral, though.
This week, I had the absolute pleasure of being a panelist, alongside 3 other brilliant marketing leaders, at a Marketing Association session in Christchurch.
Something I said during this event was that, in both my personal and professional life, I usually learn much more from the risks I take and the things that don’t go as planned , and they’re usually more memorable. I’m not often one to play it safe…the rush and the thrill of chasing more is too compelling. But, I’m also a double-edged sword in this way.
If you’ve ever worked with me, you’ll be familiar with two things I say often: “It depends.” and “Why?” I answer questions with, “It depends,” more often than with a concise answer because most things truly do—and I like to consider those factors as thoroughly as possible (an example of my incessant overthinking). When someone says they want to do something (start using a new channel, create a new type of campaign, use a specific kind of content, etc.), I push them to explain why they think that’s the right thing to do—if they can’t do that, then I push back until they can or until we work through it (this goes back to the strategic way I plan things, which admittedly can get in the way sometimes).
These two pillars of my professional operating procedures might seem to contradict my typical risk-taking tendencies, but I often learn toward being more conservative in a lot of the ways I plan, create, and implement marketing strategies and tactics. This isn’t how I’ve always done it—rather, it’s the result of a long career of wins, losses, observations, and learnings. It’s also the result of knowing how many factors should be considered, and of making sure the audience and their experience is the focus of it all.
I wove a lot of these foundations into my contributions at the event, and it was a super exciting and insightful conversation with other marketing leaders, each with our own perspectives on the balance of playing things safely vs. taking risks. We weighed in on and debated embracing risk as a driver for change, giving permission to fail, how we lead and make decisions, and how we decide when the risky one is the right path to take. We also discussed how we approach getting others on board with our recommendations when they’re risky, as well as the ways strength and resilience in times of fear and failure can truly produce excellent results.
Two quotes wrapped up the day, and they’re both zingers:
“Passion will make you crazy, but is there any other way to live?” ~Howard Hughes
“Do something that scares you every day.” ~Eleanor Roosevelt
Thanks so much to the Marketing Association New Zealand for hosting, and to Hilary Muir for facilitating this buzzy conversation.