Convincing Ourselves

Self-efficacy, confidence in one's own ability to create change, undertake behaviors, is essential for optimum mental health. So much so that it is a major marker for depression. In fact, while doing through the literature on psychological fir aid for disaster and trauma survivors, I came across building self-efficacy, of a community or an individual, as an important part of the rehabilitation process. So how does one go about building self-efficacy, especially after one has gone through immense failure and loss? Staying the realm of psychology only, one can go down the route of regular counseling, and even hypnotherapy or EDMR, which has shown great success for trauma victims. However psychological first aid adopts a more behavioral approach. Building self-efficacy in such a case is best developed through a series of practice situations, given to a survivor (or even a community). It could be as simple as collecting water or cooking food. However, these practice sit...

This post is based on a thought I had after listening to Bilal Hafeez on his last appearance on Bloomberg, talking about the impact of the coronavirus on the markets. I am not an expert in finance by any means and Bilal is essentially a veteran of the industry. He discussed what many others before him have spoken about as well. Algorithmic trading is now a massive part of global financial markets and trading. The thinking goes that because machines are doing a lot of trading, it is possible that they will make irrational mistakes and make the market crash eg during the recent Coronavirus incident. Modern Algos: Algorithmic trading is essentially now mainstream. The biggest and most successful of fund of them all is the legendary Madallion fund run by Renaissance Technologies. The fund uses leverage but is capped and not open to outside investors. It is arguably the most successful fund of its size. However, RenTech and its many funds are not the only players. Citadel is als...

Below is an abstract of the paper I wrote for " Telling the story of business: story-driven research in entrepreneurship, business, and marketing",  held at the University of South Wales in January 2020.  ================================================================= A Narrative Inquiry into the role of psychological factors in helping a Pakistani Family Business owner-manager, navigate turbulent market conditions   By Umair Usman, Usman Carpet House, Lahore, Pakistan Abstract This is an ethnographic narrative inquiry to identify the psychological factors that helped my father, a Pakistan family business owner-manager, through the great recession of 2006/2007. The study is retrospective in nature where I discuss my time, as a part of the family business during this period we experienced. I recall what I observed, and experienced, were psychological and mental factors that were inherent in my father and supported him through this...

Milton Erikson is considered one of the grandfathers in psychology circles and there is a good reason for that. Erikson essentially combined talk therapy and hypnotherapy in a way that made it clear how therapy itself was more of an art than a science. Milton’s biggest contribution was perhaps his open definition of what can be called hypnosis and how therapy could be done. Apparently not limited by definition, and protocol, many of Erikson’s cases seem improvised. It seems as if he was trying to figure out what worked and how and at the same time employing methods far removed from what could today be considered hypnotherapy. The best example is when asked what he does when clients cannot go into a trance, and his reply was that he ‘bores’ them into one. Erikson was controversial and still remains to this day. His methods have been extended and studied to create ‘Eriksonian’ methodology that apparently many go on to study. Erikson himself probably found the confines of what cam...

When one looks at high achievers, it is easy to get impressed. Finance CEOs, Athletes, movie stars, they all seem to lead a life where everything is perfect. One can even look at societies with high incomes and living standards with disproportionate levels of depression and wonder, what's going on. The big difference is that we think we can get happiness out of achievement or any one thing. We tend to think in terms of extremes because the world values achievement more than anything. We tend to tell ourselves “Only if we exercise 1hr a day and eat healthily, I will be happy” “Only if I am making a certain amount, I would be happy ” And so on After a while, we look back and see all the things we missed out on. Our health suffers, our relations suffer and sometimes even the very pursuit of perfection in all areas of life burns us out. The reality is we are not happy by achievement, or health or perfection or even great relationships. We are happy when life is ...

To change and improve, it is necessary to identify the problem. If a problem is left unidentified or unacknowledged, there is little one can do about improving a situation. There maybe a lingering feeling of 'incompleteness' or 'urgency' but no direction to work on and no plan to implement. Clarity: Clarity of purpose by identifying a problem is therefore necessary. This is not something that is workable only for helping one improve oneself, or in any therapeutic setting, it is, in fact, the very essence of life itself. Identifying issues is necessary to improve everything from problems with ones exercise regimen or one's beliefs, to asserting quality governance in an organization to cutting costs in a company. Without clarity of the problem and issues at hand, one may simply take a haphazard effort of correcting whatever 'seems' to be the issue. More often than not this may make one attempt what is already being done, or what is easy, rather than wha...

Before reading the passage below, please take three long, calm, deep breaths. Read the passage below, calmly and slowly. Once you have taken your time to read through the passage, it will leave you with a feeling of stillness and beauty. Anna loved to go outside and talk long walks when she was bored or wanted to relax. She lived among the hilly plains of lush green Irish country side, so nature was her best friend. On this beautiful sunny day, she stepped out of her old wooden, but cozy cottage and started walking along the road towards the river banks. The old road towards the river banks was surrounded by lush green land and a clear blue sky. Today, it looked particularly breathtaking as Anna could see as far as her sight. The air was crisp and clear, and everything around her was green. There was a slight breeze in the air and the grass around her would sway every now and then. The air was cool,  sun was warm, and the sky was blue creating a perfect day to take a walk. An...