Sunday, May 3, 2026

Simple and easy, complicated and difficult

It’s not that I’m nostalgic, but I feel that in the past, when I was young, I remember life to be simple and easy, while today our reality has turned into something that’s become complicated and difficult. Is it because we’re faced with too many choices, are under time pressure, are victims of fear of missing out (FOMO), or what else? I’m pretty sure that I’m not the only one who feels this way as my discussion with many people and social research seems to confirm. 

Life is objectively more complex than it was 50 years ago. While there might be a tinge of nostalgia in holding that view, it’s grounded in several measurable psychological and sociological shifts. First there’s what’s called the “The paradox of choice”. In the past, if I wanted to buy a pair of ski boots, I went to a ski shop and choose from maybe three brands. Today, there are 15 brands, 100 models, and thousands of online reviews to read.

Having too many options doesn't make us freer; it paralyzes us. We spend more time "optimizing" the decision than enjoying the result, leading to "decision fatigue." On top of that, we’ve become prisoners of connectivity. Yesterday, when I left home, I wasn’t reachable. Life had natural sheltered zones where nothing was expected of me. Today, we’re accessible 24/7 to every responsibility we have. Between managing text and email messages, updating some piece of software, and checking our news feed, our mental space is constantly used by some background processes. We are never truly "off," which makes life feel heavy. 

To make matters worse, technology has eliminated the "waiting" periods that used to buffer our days. For instance, when I wrote a letter, I had to wait a week for a reply. I walked to my bank to check a balance or a transaction. All these moments were forcing me to slow down, but now everything is instantaneous. This "time-space compression" creates a relentless pace. We feel under pressure not because we have more to do, but because we are expected to do it right now. 

Now, there’s a subtle but vital difference between complexity and complication. A mechanical watch is complicated, but it is a closed system. If one gear turns, another follows. Modern life is complex. It’s interconnected. A conflict in a different hemisphere can change the price of energy used to heat our home or charge our car. Everything is tied to everything else in a way that feels unpredictable and, therefore, difficult to navigate. 

Of course, one could argue that life was "simpler" in the past because we were less involved in fewer things. We accepted what the local doctor said, what the local paper printed, and what was available at the local store. Today, we have more power, more information, and much more options, but the "tax" for that power is the constant labor of managing it. Better stay strong and fit, we all need a lot work ahead of us… Good luck!

Saturday, May 2, 2026

Market dominance and hubris (Part Three)

Nokia failed completely by totally losing its entire smartphone leadership and eventually sold it, leading to the end of the brand as a market leader. Nokia was founded in 1865 by mining engineer Fredrik Idestam, and operated as a paper mill in Finland. Eventually, Nokia’s paper mill, merged with rubber and cable companies in 1967, and only pivoted heavily to electronics and mobile phones business in the late 1970s to early 1980s, establishing Mobira Oy in 1979 and launching its first car phone, the Mobira Senator, in 1982. It then introduced their first handheld phone, the Mobira Cityman 900, in 1987, and shifted focus to telecoms in the early 1990s. 

It’s when Jorma Ollila, CEO from 1992 to 2006, is said to have stayed "too long" (14 years) at the helm of the Finnish company. He led Nokia to become the world’s largest handset manufacturer, but the company struggled to transition to smartphones, lagging behind in software (Symbian) and failing to respond to the iPhone's launch. He was replaced by Stephen Elop as CEO (2010–2014) who would be heavily criticized for the "burning platform" strategy, leading to the sale of Nokia’s phone business to Microsoft. 

 
On the other hand, Jean Beyl the inventor of the early Look bindings, also remained in charge for too long and soon became a problem because the skill sets required to create his inventions (creativity, passion, deep technical knowledge) went against the skills required to scale a business (delegation, operational discipline, sound marketing, financial management). 

While Beyl was a visionary in his own right, he always struggled to transition from "doing" into "leading," micromanaging and creating bottlenecks in decision-making and erecting a "founder's syndrome" where the organization became constrained by his management style, ego, German girlfriends and refusal to delegate. Still Look did survive. 

Having come too late with its “9 series” to enjoy a positive impact, the company went bankrupt, was picked up for one Franc* by Tapie, a French raider whose sole focus was to line-up his pockets, leading to another quick sale, another long hiatus, until Rossignol skis picked up the pieces, intelligently simplified the line and made it an accessory to its ski line instead of being a self-standing philosophical statement. 

So unlike Nokia, Look did not disappear but kept chugging along as it gradually transitioned. The iPhone was a "tsunami" that metamorphosed the industry in 2 to 3 years. While there are parallels between the origin of the two stories, the outcomes were drastically different as Nokia didn’t change hands until it was too late, while Look benefited from the hiatus created by two or three different owners. 

Also the nature of the ski business made it extremely unique with its inherent seasonality, its challenging short three-month annual cash-flow period, and its small number of participants (around 75 to 100 millions skiers in the late 2000s?) plus the gigantic difference in size of the respective industries (mobile phones being 1,000 times larger than alpine ski binding in sales volume) can’t be overstated even though both markets spanned the globe... 

 *As opposed to Salomon’s $1.4 billion acquisition by Adidas in 1997

Friday, May 1, 2026

Market dominance and hubris (Part Two)

When it comes to comparing how the iPhone took over of Nokia, to what Salomon did to Look in the ski industry, I can only speak from personal experience as a former Look employee, in thinking how Salomon rose to prominence over Look ski bindings in the 1970s, culminating in the late-70s launch of the S727 "Driver" series. 

This product evolution holds a strong parallel to the Nokia-Apple shift, as it highlights a technological pivot from an established, engineering-heavy design to a user-centric, more functional, and more accepted solution that redefined industry standards. Beginning in the 1960s, Look was a dominant, trusted, high-performance, and high-prestige ski binding manufacturer with its Nevada & Grand-Prix models.

Salomon, however, changed the game by shifting the intangible idea of ski-safety into user-focused design. The big difference was the hubris from Look’s inventor Jean Beyl who didn’t believe in funding a strong R&D and listening to his market, as opposed to the open mind and common sense exhibited by Georges Salomon who took their respective companies in dramatically different directions. 

Look bindings (like the Nevada) often required specific, sometimes difficult installation on skis and adjustments to ski boots, but most significantly was rather inconvenient to use on snow. Salomon began by simplifying its engineering, making it less costly to manufacture, designing bindings that were easier to install and adjust at the ski shop level, and ultimately much easier to use by the end-consumer. 

After years of struggling with its 404 and 505 then 555 series, Salomon gradually introduced several “game-changer”. First the 444 a mid-range ski binding, super easy to get in and out of, then its functional ski brake that made safety straps obsolete, followed by the release in the late 1970s of the Salomon S727 that was the final nail into Look’s coffin.

Unlike Look, which initially was slower to integrate the brake into the binding mostly because of its specific design, Salomon, also a leader in patents, was a leader in integrating a sleek brake technology that tied the skis together, which quickly became a standard replacement for run-away straps. Then at the back-shop level came the “pre-mount” system that had mounting screws already attached to the bindings and ready to screw into the holes, not to mention its much more convenient mounting templates. 

Salomon was able to place itself in the end-user shoes (shops and consumers) while Look simply would not. Tomorrow we’ll see the similarities and also the key differences between these two declines...

Wednesday, April 29, 2026

What are our values? (Part Three)

When values become behaviors, they become unforgettable, and with that in mind, it’s time to see how we can make our values unforgettable. To help, let’s select our values (5 maximum), write them on just one single card, with clear definitions and for each, one specific behavior. 

Keep it short, and remember that if it doesn’t fit on a card, it won’t fit inside our mind. Then we need to rehearse them weekly, not as a moral exercise, but as a calibration. For instance, ask: 

  • “Where did I live these values this week?” 
  • “Where did I betray them?” 
  • “What did I learn?” 

Values become stable through repetition. At that point of mastery, it’s time to use them to make one real decision, as values become more real when they cost something. When you use a value to say no, choose a path, end or begin something, it becomes part of your identity. Better yet, teach them to someone else by explaining how our values force clarity, and also make them part of our narrative. 

At the end of the day, values are not remembered, they are practiced. We don’t “remember” our values the way we remember a phone number or an address, we live them until they become instinct and if we practice our values long enough, they become a reflex, they shape our intuition, guide our decisions without any conscious effort and this becomes part of our character. 

That’s the real goal. Finally, if you still are looking for one or two values in your list of five, ask yourself the following question: “What are the principles I refuse to compromise, even when no one is watching?” This should reveal them. Good luck!

Tuesday, April 28, 2026

What are our values? (Part Two)

Today, we’ll go over the “Three‑layer values framework” that we introduced in our preceding blog. This might be the most effective way to make our values stick and help us remember them at all times. Let’s begin with layer 1, our core values (3–5 words) that are the non‑negotiable ones or are those we would defend even at all cost. 

Let’s take the following five values as an example (they’re not yours but are just illustrations): 

  • Integrity 
  • Persistence 
  • Mastery 
  • Courage 
  • Creativity 

The list is voluntarily limited, if we have too many they’ll lose their meaning. The next layer, number 2 is simply stating what each value means to you. This is where most of us fail. A value without a definition is just a slogan. For example: 

  • Integrity → “I tell the truth even when it’s inconvenient.” 
  • Persistence → “I will never give up, no matter the difficulties and the time it takes.” 
  • Mastery → “I will always do a great job, that will make me proud and that will last.” 
  • Courage → “As long as I don’t take excessive risks, I won’t be stopped by fear, menaces or influences.” 
  • Creativity → “I love to improve things by innovating and finding a better way.” 

This translation step makes the value memorable because it becomes yours, not a dictionary word. Finally there is layer 3, a behavioral anchor, this is the secret ingredient, that for each value defines one concrete behavior that proves you’re living it. Examples: 

  • Integrity → “I never lie and don’t say things I don’t believe.” 
  • Persistence → “My failures were when I didn’t didn’t stick to my plan and won’t repeat them.” 
  • Mastery → “Since my time is the only treasure I have, I must do things right the first time.” 
  • Courage → “This trait consistently paid off for me, so why would I do without it?” 
  • Creativity → “Therein lies my greatest skill, so I must put it to use whenever I can!” 

You now have the three series of layers. In our next blog, we’ll see how we can practice them and make them work for us...

Monday, April 27, 2026

What are our values? (Part One)

If most of us were asked off the cuff, what our values are, we might be hard pressed to answer, or if we could articulate a few of our values, it might not be that precise or we might forget important ones as we would be collecting ourselves, thinking and coming up with something that made some sense to the person we responded to.

So the question of the day is: “How can we identify and remember our values at all times?” The answer is that it’s indeed possible to precisely define and remember our values by turning them from vague ideas into lived, practiced, embodied principles, and by giving them enough structure so that our mind can recall them under pressure. 

Let’s see how we can do this. We need to start by building a structure that fits how we think, that is in systems, meaning “long arcs” and clarity. Clearly, there are values that feel slippery when asked “on the spot”. It’s also true that if most people can’t spontaneously tell what their values are, they know instinctively they’re there without having named them, organized them, or tested them by telling or writing them down. 

It’s true that values live as felt truths, hidden inside us and not readily available under the form of ready-made sentences. When someone asks, “What are your values?”, they’re asking us to translate some instincts into words, and that’s why it feels so awkward. The solution is to externalize them by using this reliable method that is called the “Three‑layer values framework”. 

Tomorrow we’ll discover what it’s all about, so please, don’t miss that episode!

Sunday, April 26, 2026

My Short Career at Odo

Freshly graduated from the watchmaking school in Cluses in 1966, my first job in the trade took me to the Research and Develpment at Odo, in Morez, in the Jura region of France. 

At the time, this company manufactured electric clocks. Owned by the Odobez family that had lived in the area since the 17th century, it gradually came to watchmaking from farming and nail-making. 

Between 1660 and 1800, the Odobez family crafted mechanical parts during the winter months and in 1806, Jean-Baptiste Odobez, aka "Jean le Comtois"—emerged as a master local watchmaker. 

In 1843, François-Désiré Odobez, succeded him, perfecting the iron-cage movement used in the so-called “Comtoise” clocks; then, in 1885, the firm "Odobez Père et Fils" was established in Morez to manufacture timekeeping instruments. What became the Odo company was founded in 1920 by Léon Odobez’s sons, André and Roger, in partnership with the Moret-ès-Jean Barbaud family. Together, they industrialized production and modernized the enterprise. 

Odo’s golden age spanned the period from 1930 to 1970. In 1931, the famous Odo chime clock was launched—a timepiece that would find a place in countless French households. It was a tremendous commercial success. It was followed in 1937 by the "Gai Carillon" (Joyful Chime); Odo had commissioned Vincent Scotto—a highly popular composer of the era—to create a unique melody to distinguish their clock from the Westminster chime. It turned out to be a stroke of marketing genius. 

Incidentally, I inherited just such a clock from my parents—a timepiece I still have in Park City today. The 1950s saw the diversification of Odo’s product line, introducing electric clocks, battery-operated alarm clocks, wall-mounted chimes, and modernized “Comtoise” clocks. The company expanded, setting up its main factory on Rue Voltaire in Morez, and adding two sites in Montmorot and Domblans; by 1980, its workforce reached 300. 

This was about the time (1966) when I arrived as a young graduate from Cluses to join the R&D as a technician. Odo was then at the very peak of its industrial power. I enjoyed my work in the design office, which was headed by Mr. Péricouche, and I was taken under the wing of Jeantet, a fellow draftsman. Unfortunately, I did not take to liking this isolated corner of the Jura region and remained there for only a few months before setting out to pursue skiing a passion that was already consuming me. 

After my departure, things began to take a turn for the worse for Odo (I know, I should have stayed!). The causes of this decline were easy to track. First and foremost was the collapse of the domestic clock market. Indeed, starting in the 1970s and 80s, wall clocks, chimes, and “Comtoise” clocks began to vanish from households as demand plummeted. 

Cheap electronic products imported from Asia made France production costs too expensive. It was then that Odo attempted to diversify by venturing into the sunglasses business securing a licensing agreement with the Bugatti brand but it was too late to offset the clock market collapse. 

In 2001, the Odobez family sold the company; in 2005, Odo’s new owners ceased operations and most recently, in 2025, the historic buildings on Rue Voltaire were demolished. 

And so, a page was turned and a book closed on one of the greatest French watchmaking houses of the 20th century.