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Have your skin in the game

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Puneet Arora
Puneet Arora

The document discusses the concept of "skin in the game" as described in Nassim Nicholas Taleb's book of the same name. It argues that professionals should have more personal investment in the products they work on so that failures and successes impact them directly. Having skin in the game would mean taking responsibility for a product's vision and outcomes, and sharing in the rewards of its success as well as the consequences of its failure. It advises treating one's career like an entrepreneurial venture with personal stakes rather than just being a replaceable resource.

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Have your "Skin in the Game"PUNEET ARORA USER EXPERIENCE SPECIALIST BANGALORE
Being a person known for connecting random dots, I easily qualify as a fan of Mr. Taleb (read: Nassim Nicolas Taleb). His writings on Probability, Uncertainty and Randomness have a huge following especially in times we are living in. After reading rave reviews about his recently released "Skin in the Game" book, I though of writing a short piece for my fellow Designers and Engineers.
Although we as professionals are known to be quite vigilant about our quality of deliverables, how many of us would still like to use or even buy the same product that we try to sell to our customers - being very much aware of the kind of bug-backlog and tight-timelines we have been through for that product.
Having a Skin-in-this-game would lead to being a real-stakeholder of that product; not the kind we discuss in our daily discussions during standups, rather the one having a carefully though-out vision and gameplan for the product.
In it's most appropriate sense, if the product loses in the market, WE ALL LOSE. And if goes on to become a top-of-the-chart app, WE ALL GAIN!! It's like everything I have is at stake here. My skin- in-the-game not just means I'm here to reap rich dividends, I am equally responsible for it's failure and also have to share the bad-reviews and disincentives.
A wise person (can't recollect their name) once mentioned - even in your corporate life being an employee in an MNC, manage your Career like an Entrepreneur. Don't get managed like a resource which has a shelf-life and is treated more like a machine -a desktop or a printer in every other organization. Only if you have your Skin-in-the-game, you will take responsibility for everything, learn more and probably EARN MORE!

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Have your skin in the game

  • 1. Have your "Skin in the Game"PUNEET ARORA USER EXPERIENCE SPECIALIST BANGALORE
  • 2. Being a person known for connecting random dots, I easily qualify as a fan of Mr. Taleb (read: Nassim Nicolas Taleb). His writings on Probability, Uncertainty and Randomness have a huge following especially in times we are living in. After reading rave reviews about his recently released "Skin in the Game" book, I though of writing a short piece for my fellow Designers and Engineers.
  • 3. Although we as professionals are known to be quite vigilant about our quality of deliverables, how many of us would still like to use or even buy the same product that we try to sell to our customers - being very much aware of the kind of bug-backlog and tight-timelines we have been through for that product.
  • 4. Having a Skin-in-this-game would lead to being a real-stakeholder of that product; not the kind we discuss in our daily discussions during standups, rather the one having a carefully though-out vision and gameplan for the product.
  • 5. In it's most appropriate sense, if the product loses in the market, WE ALL LOSE. And if goes on to become a top-of-the-chart app, WE ALL GAIN!! It's like everything I have is at stake here. My skin- in-the-game not just means I'm here to reap rich dividends, I am equally responsible for it's failure and also have to share the bad-reviews and disincentives.
  • 6. A wise person (can't recollect their name) once mentioned - even in your corporate life being an employee in an MNC, manage your Career like an Entrepreneur. Don't get managed like a resource which has a shelf-life and is treated more like a machine -a desktop or a printer in every other organization. Only if you have your Skin-in-the-game, you will take responsibility for everything, learn more and probably EARN MORE!