Paul and I are often chatting about 'stuff' and when I told him I wanted to talk about expectations in this letter there was a long pause, followed by "Riiiiiight." Anyway, here's how it went.
Â
PE: I'm quite intrigued by this newsletterâs theme.
RF:
Whyâs that?
Â
PE: I often hear people talk about unmet expectations. But I think the real issue is unmanaged expectations.
RF: Isnât that just semantics?
Â
PE: Not really. I go back to Coveyâs circles. An unmet expectation feels like it sits in the Circle of Concern. An unmanaged
expectation is in your Circle of Influence, maybe even your Circle of Control.
RF: Go on.
Â
PE: Years ago, I worked at a professional services firm delivering IT systems. When bidding for projects, we had to estimate costs carefully. If delivery would cost $200K, we couldnât be bidding $150K.
RF: Makes sense, but
whatâs that got to do with expectations?
Â
PE: Each team lead gave estimates. But the professional services manager had a trick: he tracked the gap between what teams said and how long things actually took. Over time, he built multipliers. If Gareth said four weeks, he knew it would really be six.
RF: So he managed his expectations and the sales teamâs before they
became unmet.
Â
PE: Exactly. Iâm sure youâve had moments like that yourself.
RF: Definitely. A group of us used to go out for dinner. One friend, Steve, was always late, not five minutes but an hour or more. Everyone expected people to arrive close to the booking time.
Â
PE: That
would drive me mad.
RF: It did. I used the '6 Brothers Principle'. My six brothers were regularly running late to any event that was organised. I started giving them a start time 30 minutes earlier than the actual time and they were on time. With Steve, we managed it by telling Steve the dinner was an hour earlier. If the booking was 7:30, we told him 6:30. The rest of us arrived on time, and Steve would roll in at 7:40.
Â
PE: A perfect example of turning unmanaged expectations into managed ones.
RF: Exactly.
Â
PE: That reminds me of when I moved into a place with an open fireplace. I pictured cosy winter nights, but the chimney was blocked. The room filled with smoke, and we had to open the windows and let in the freezing
air.
RF: An unmet expectation?
Â
PE: More like a smoky one. Letâs just say I had grate expectations.
RF: That was bad.
Â