Welcome! fisc is an abreviation of 'flexibility is cool'. The site is a collection of blogs to promote the use of flexibility in our personal and professional lives, to help manage uncertainty and achieve growth.
Thriving planet with unlimited potential for great ideas, invites applications from interested candidates.
Must be 100% human, with creases and scars to prove it.
Must have a strong self-belief, without being delusional.
Must see being flexible & practising flexible thinking as a calling. Not a chore.
Must be willing at interview to provide examples of how has used the principle of flexibility to solve numerous real-life problems. Ones involving tired, grumpy children, over-critical mother in laws, commuter transport strikes, natural disasters. Poor internet connection. And being accused unfairly of flatulence in a public elevator space.
Must be able to appreciate that although crowds of people can create stress, they also represent a talented collection of colourful, amazing human beings.
Desirable Criteria: Able to make friends with time, any bank manager and a glass that is half empty.
Able to handle sporting upsets involving your favourite team.
Able to cope with the occasional wet day, when you left your umbrella at home.
Looks at problems both as problems and opportunities.
‘Many of life’s failures are people who did not realise how close they were to success when they gave up.’ Thomas Edison
‘Fall seven times and stand up eight.’ Japanese proverb
‘Success is not final, failure is not final. It is the courage to continue that counts.’ Winston Churchill
2018 is almost over. I hope it’s been a great year for you. For my part, it’s been a mixed bag.
With the new year about to start, is making some new year resolutions a good thing? And why do we make them?
I guess it’s inherently human to want to make a fresh start. To set a new goal. To look for some variety. To make an improvement. Or do some self-development. Nothing wrong with that. Which of the following groups we fit into and the extent to which we move between them (at different points in our lives) is partly down to our PersonalFlexibility (PFL).
Some people make resolutions the way they make a daily ‘to do’ list. Something to focus on and achieve, bit by bit. They are truebelievers and simply allocate their new year resolutions into their daily lists and get on with it. Some of this group are probably perfectionists as well as true believers. Always chasing perfection. But having to constantly redefine it too. Why? They realise that doing more things, or doing some things to a higher standard, isn’t the same thing as achieving perfection in everything.
Other people (I suspect the vast majority), make some new year resolutions, some of which are relatively quick & easy to achieve. With some of their other goals being are really difficult. Or requiring a lot of luck, outside the person’s direct control.
People might join a gym, give up smoking, enrol in a course, or take up a new hobby. But their commitment to do the activity gets overtaken by other life events (and temptations), breaking the momentum. In this group, some learn to change the goals to ones that are more achievable and join the perfectionist/true believer group. Others learn to cope with mixed success, sometimes thriving on it (adventurers and managers are usually pragmatic people). They may become society’s leaders, because they succeed in the big things. Yet small failure helps them stay grounded and accessible. Some become disillusioned and turn into non believers.
Finally, there are people who refuse to jump on the new year resolution band wagon – nonbelievers from the start. The wagon moves forward and they stay in the field, watching it go. They may be perfectly happy and know what makes them happy. Like the seasons, they have a rhythm to their life. And don’t need harsh judgement from the other groups.
In the end and in the round, it probably matters less which ‘resolutions group’ you fit into. But more, whether you live your own life according to a decent set of standards.
I’m an adventurer at heart. I’m comfortable in big cities of the World, but it’s fair to say that the outdoors are my second home.
People who aren’t adventurers, think adventurers must be miserable. And never content with what they have. My view, and I know I don’t necessarily speak for other adventurers, is that adventurers do appreciate the novel and the familiar. We love our families and our friends. So much so that we try to make both groups bigger. We invite others to make new adventures with us. If we’re wise, we accept it, when they don’t necessarily say yes.
The spouses and children of military or emergency services workers, come to accept that part of what makes their father or mother that military or emergency services person, isn’t to get away from those they love. Instead, it’s a deep-seated part of the adventurer’s life to do other things. For their country, for their community, for themselves.
In the last few years, I feel lucky enough to have walked a novel path along the flexibility (FL) journey. Like those who travel to experience other cultures. What I can say is that the further I’ve travelled on the FL journey, the more I’ve found out about flexibility that there is to be discovered, made sense of and described to others who might be interested.
I discovered soon after I started along the FL journey, that it seems to come in two types, twice over. There is business flexibility (BFL) and personal flexibility (PFL). There is also mental and physical flexibility.
I also quickly came to the realisation that flexibility is like maths for an engineer. Language for a lawyer. Health and strength for an athlete. Or a Swiss Army knife for the army and civilian alike. In other words, it’s a useful toolkit to solve multiple problems. Ones that relate to (personal) growth and uncertainty (resilience & risk management) especially. Hopefully, lots of other people have come to, or are coming to this realisation too.
It follows that flexibility thinking is about how you use the FL toolkit. FL thinking can help you get out of a rut. To bypass an impasse. Or to redirect a moving vehicle away from driving over the cliff edge.
By getting into the habit of consciously practising personal flexibility (PFL), it can help you in business. And visa versa. Because many of today’s problems are complex, because the costs of complexity are high, because markets are complex and because bureaucracy often gets in the way of well-intentioned growth, we need to move from not using flexibility or flexibility thinking. To instead use both FL and FL thinking together to solve problems.
Lastly, the Fisccollection collection of blogs concentrates on personal flexibility in its various forms & applications. Just like with a multi-page food menu at a restaurant, if you’re hungry every day and you like to explore new choices, the ‘flexibility menu’ of these blogs, ought to help.
Quite simply if you have more options, you have more flexibility. In uncertain situations, or if you are somehow keen to grow (wealth, skills, influence, reputation, character development), having options is valuable.
Of course, having more options isn’t useful if you can’t make a decision when time is pressing. And having a set of options that aren’t relevant to the problem you’re facing isn’t particularly helpful either. Unless you can trade them for the ones you actually want.
What are real options?
They’re not as scary as they sound. Wikipedia says ‘a real option itself, is the right—but not the obligation—to undertake certain business initiatives, such as deferring, abandoning, expanding, staging, or contracting a capital investment project’. In the personal flexibility sense, real options are rights we have paid for in the past and hold. If the conditions are right, they can be used (exercised) at some point in the future, to buy or sell something to benefit ourselves. Or benefit those we choose to help.
There are a couple of different types of real options. Call options are options we have purchased in the past, that give us the right to buy something. Put options are options we have purchased in the past, that give us the right to sell something.
What are some examples of call options in our personal lives i.e. things we’ve paid for in the past that give us PFL in the present and future?
Loyalty points, or frequent flier points accumulated, that are still valid. Purchase qualifying items and you have the right to use the points to obtain discounts on future purchases.
Multiple passports (the legitimate right to citizenship in multiple countries). Pay the application fee and once the passport is issued, you then have the legal right to buy the same things the other citizens can buy.
Insurance policies with a claim excess. Pay the insurance premium, make the claim, pay the claim excess and the item will then be replaced.
Personal credit cards and overdraft facilities. Pay the annual account fee and any interest charges to access the credit amount.
Fitness, health and knowledge you’ve built up, if they qualify you for access to something fairly exclusive in the future, that costs money.
Physical and data security measures and investments made. Pay the fee, log your security breach event, pay for the investigation and hopefully damage will be remedied.
Divorce papers – once signed and the divorce lawyer costs are paid, the papers give you the right to legally marry another person (providing they’re not already still married).
What are some examples of put options in our personal lives i.e. things we’ve paid for in the past that give us (or our loved ones) the right to sell and hence PFL in the present and future?
Trial period agreements.
Product warrantees, price-matching features and money-back guarantees.
Sublease clauses. For example, you rent a two-bedroom flat and there’s a clause in the lease agreement allowing you to rent out the second bedroom for financial benefit.
Your estate (once you’ve paid the solicitor to draw up your will). Ownership of this option transfers to the beneficiaries of your estate, upon your death.
Real options and student career advice
In the general education system, little emphasis seems to be given to teaching students how to manage their real options. Then, when students graduate & join the workforce, they lack awareness about real options management in the workplace. Instead, at best, students receive advice from relatives, friends or teachers about getting a good education and working hard, to open up more life choices to them.
Perhaps too many young people learn from life experience – the ‘school of hard knocks’ (why doesn’t Western culture strongly preach the folly of learning this way?). And learn from repeat situations (once bitten, twice shy), that having choices is valuable.
What the young people need is more advice on how not to get bitten. And coaching to position themselves to have choices other than getting bitten. Young adults may also learn from observation – being inspired by designers to mimic the design flexibility that they see.
In the view of this blogger, one of life’s ironies is that for many young people, by the time they realise that older people’s advice to them on the above things is just as relevant today as in yesteryear, the consequences of have few options and choices is already hitting them hard.
In summary, holding real options in our personal lives, is a tangible form of personal flexibility. It follows that if we want to increase our PFL, we should accumulate real options in advance, in the areas of PFL that we want to improve.
Some areas to look at, if personal growth and uncertainty management are some of your goals; obtaining real options concerning wealth, skills, influence, personal reputation and/or character development. A key point is to build up an ‘options portfolio’ i.e. don’t just concentrate on obtaining real options relating to one of them.
Periodically, we will use or ‘exercise’ many of the real options we hold, so another key point is to replenish our stocks of real options regularly.
If you found this blog helpful, feel free to tell others. Constructive comments are also welcome.
Roller coaster rides remain exciting because of their ups and downs. Ditto the stock market, alpine landscapes and city rooftops. Watching a loved one’s heart rhythm on a hospital heart monitor, is to hope for a steady pattern of highs and lows. Not a flat line. And so it is with life – the set-backs provide variety, challenge, a chance to learn from mistakes. Prompts to develop your character (prompts to us become edits by us). And make you appreciate the highs that much more.
Variation with limits is a form of flexibility. A greater form of flexibility comes from putting in intermediate control points, allowing you to influence the degree of variation (variation with sub limits). Guitar players do this when they put a capo (clamp) on their strings to change the pitch of the sound. Car designers use ABS technology to prevent full-on braking by the driver, from locking the car wheels into a skid. Martial arts teachers require role play and play fighting from their students, to train them without bodily injury. All are examples of variation with sub-limits.
When it comes to life’s minor set-backs and disappointments, personal flexibility takes the form of tempering frustration. And converting it into hope. Hope for cessation, improvement or avoidance.
When the set-back or disappointment is more severe, the process of overcoming shock, a sense of injustice and conversion into positive thoughts, takes more time. And more emotional energy.
When the set-back is large, e.g. the loss of a loved one, redundancy, marital failure, loss of personal reputation or business failure, the tempering & converting needs to become a transformation instead. There is an entire grief cycle to work through. People who see you suffer these extreme set-backs may intervene. But not always constructively. Or when you most need them.
This blogger has experienced some of those larger set-backs. Redundancy was one. After the initial surprise, I had to concede to myself, that in my decades-long career, it would inevitably and eventually strike. And to rationalise the experience in a few different ways. For example, whether applying for a job, or being made redundant, you have to continue believing in yourself. Otherwise, how can you expect others to? For example, seeing job redundancy as simply being surplus to requirements of one employer at a particular stage in their journey. Not as being made redundant from the human race per se. Marital failure. Again, to learn from the experience of marriage and ‘get it right the next time around’. The death of both parents. To see death as a regular part of the cycle of life. To remember all the good things that my parents taught me. To remember them well and to pay something forward. Weirdly, the more you carry forward those peoples’ influence (happy memories, words of support, guidance & advice), the more you also feel their loss. But because you carry it forward and because you’re now a fully-fledged adult, the less you feel it too.
Personal losses and set-backs are a strange thing. For some people, each loss of a loved one, each redundancy experience, or job application declined, simply fuels their negative feelings. And dents their self-image. Where those feelings manifest in a negative self image, a rigid, negative spiral sets in. It can take a lot of emotional energy to get your rationalising head to rule your emotional heart. But you have to ask yourself, what other choice is there?
‘I have not failed. I’ve just found 10,000 ways that it won’t work.’ Thomas Edison
‘Many of life’s failures are people who did not realise how close they were to success when they gave up.’ Thomas Edison
So how can building up your personalflexibility (PFL) help to cope with life’s set-backs? Firstly, by building your PFL in the good times, your resilience to set-backs will increase, helping you cope in the bad times. Build up goodwill, friendship and family ties when you don’t need them. People who care will then reach out to you when it matters.
Second, build up some financial savings in the good times. To have the freedom to engage a counsellor or therapist in the bad times. You never know in advance just how strongly a future set back will make you feel. And how strongly that need to reach out for professional help.
Arguably, for more severe set-backs you need a combination of loved ones and detached professionals to reach you in different ways. The professional can hopefully get you adjusted to return to regular life. Your friends and family will keep you there.
A final thought. Survival and adjustment to loss are fundamental aspects of life. Their gift to you is to give you the credibility and insight to help those who come after you and suffer similar set-backs. Keep your personalflexibility intact to help them the most.
If you find these blogs useful, please spread the word for others to read them and comment too.