I’d written in an earlier post that consulting firms remain young nd dynamic by periodically promoting new people to partnership, and they in their quest to develop new markets and establish themselves, take on risks which can prove useful to underlings who now have a better chance to make a mark and establish themselves.
However, as I’d once experienced a long time back, there can be a major downside to this. The new partners, in their quest to establish themselves, can sometimes be too eager in the commitments they make to the clients. They are prone to promising way more than their team can logically deliver, and that contributes to putting additional and unnecessary pressure on the people working for them.
Nothing earthshattering, but thought I should mention this here for the sake of completeness, so that I don’t mislead you with my conclusions.
Another of those things I’ve been intending to write for a really long time. Occasionally when I’m not feeling too good mentally, people ask me to go have a drink telling me that everything will be alright. However, given my limited experience in this I’m not too confident it will work. In fact, the only one time I tried drowning my sorrows in alcohol (this was over four years ago) I ended up feeling significantly worse, worse enough to have not tried it since.
The thing with booze is that it increases the volatility of your state of mind. This means that it will flatten out the curve according to which your mental state moves. So after you’ve had a drink or few, you are unlikely to remain in the same state that you were in that you started off at. You end up feeling either significantly better or significantly worse – and the chances of both these go up tremendously when you drink.
I know I have been so far acting based on one data point that went adversely, but I don’t know what causes the selection bias in people who have been through both sides significantly! Of feeling much worse and feeling much better after having some drinks. Why is it that even though all of them would’ve been through significantly worse after drinking at some point of time or the other, they tend to forget about it and only think of the times when they’ve felt better?
Is it that whether you feel good or not is some kind of a binary payoff depending upon the level of the state of mind (basically state of mind < cutoff => “bad”; state of mind >= cutoff implies “good”)? If this is true, then whenever you are “out of the money” (feeling bad), you dont’ really care if you go even more out of the money – your overall feeling doesn’t change by much. And so you don’t really mind the cases when the alcohol starts making you feel significantly worse. But then the barrier is ahead of you so by increasing volatility, you are giving yourself a better chance of surmounting the barrier so drinking makes sense! But then under this condition it doesn’t make sense to drink at all when you’re already feeling good!
Are there any other reasons you can think of for this selection bias? Why do people give more benefits to positive movement in state of mind as a function of drinking than to negative movement in state of mind? Or is it that volatility is a non-intuitive concept and “there’s a better chance you’ll feel better if you drink” is a simple way of communicating it? And let me know your experience about drink making you feel worse..