In Good Company
In Good Company

Thomas Curran: Perfectionism: The Power Of Good Enough In A World That Always Wants More

When did ''good enough'' become the same as ''perfect''? Why does society increasingly promote ideals that are hard to achieve? And what does perfectionism mean? Thomas Curran is a Professor at the London School of Economics. He is the world-leading expert on

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Norges Bank Investment Management HostThomas Curran Guest

Topics Discussed

Episode Summary

Executive Summary: This episode argues that perfectionism is rooted in feelings of lack and fear of judgment, and that while it can drive hard work, it often harms performance, well-being, and workplace culture. Thomas Curran explains three forms of perfectionism, links rising socially prescribed perfectionism to social media and broader economic pressures, and recommends aiming for “good enough,” self-compassion, and psychological safety over micromanagement.

Main Topics: What perfectionism is and where it comes from (Priority: 5/5): Curran defines perfectionism as a response to perceived deficiency: people try to hide an “imperfect self” through excessive standards and polished performances. The three forms of perfectionism (Priority: 5/5): The conversation breaks perfectionism into self-oriented, other-oriented, and socially prescribed forms, each affecting behavior and relationships differently. Perfectionism at work and in leadership (Priority: 5/5): Other-oriented perfectionism can create fear-based cultures, micromanagement, burnout, and lower creativity, despite appearances of high standards. Social media, culture, and the rise in perfectionism (Priority: 4/5): Curran links the rise in socially prescribed perfectionism to the social media era and to broader macroeconomic and cultural pressures, especially among young people. Why perfectionists struggle to perform sustainably (Priority: 5/5): Perfectionists may work intensely at first, but shame and fear of failure can lead to withdrawal, procrastination, burnout, and weaker long-term performance. How to cope: good enough, vulnerability, and self-compassion (Priority: 5/5): The episode recommends realistic expectations, letting work go at an acceptable standard, embracing mistakes, and treating oneself kindly after setbacks. Future research and cultural differences (Priority: 3/5): Curran says more research is needed on cross-cultural differences and the precise link between perfectionism and workplace performance.

Key Arguments: Perfectionism begins with a sense of not being enough and is driven by concealment rather than healthy striving. Self-oriented perfectionism involves internalized high standards and harsh self-criticism when those standards are missed. About 30-40% of self-oriented perfectionism is inherited, but environment and culture also matter greatly. Other-oriented perfectionism pushes impossible standards onto others and can create fear-based workplace cultures. Socially prescribed perfectionism is the most harmful form because people feel watched and judged by others, and it correlates most strongly with serious mental health issues. Perfectionism has risen sharply since the mid-2000s, especially in socially prescribed form, with social media intensifying comparison and warped expectations. Perfectionists often do not perform better in school or at work because they withdraw after failure, procrastinate, and avoid situations where they might be judged. Fear of mistakes reduces risk-taking, creativity, innovation, and psychological safety in organizations. A sustainable workplace should value excellence without amplifying perfectionistic pressure, and managers should focus on people, not just results. The right target is “good enough,” not perfect, because perfect is an impossible and often counterproductive endpoint. Self-compassion and courage help perfectionists recover from setbacks and keep moving forward. There are important distinctions between conscientious hard work and perfectionism; not all diligent people are perfectionists, and perfectionism is not the same as grit.

Data Points: Inherited share of self-oriented perfectionism: 30-40% - Curran says this portion is inherited, with the rest shaped by environment and culture. Rise in socially prescribed perfectionism: Started around 2005 - Curran identifies the mid-2000s as the beginning of a sharp upward trend. Correlation with mental health issues: Strongest for socially prescribed perfectionism - He says this form is most closely tied to serious mental health problems. Job departures attributed to boss: 70% - Tangen cites a statistic suggesting most people leave jobs because of their immediate boss. Young people with psychological problems: 1 in 3 to 1 in 5 - Tangen references research showing a range of prevalence estimates among young people. Time delay example in Japan: Less than 1 second on average over 50 years - Used as an illustration of national/cultural standards for precision and punctuality. Typical rejection rate implied: 10% of people will not like it - Curran says even excellent work cannot please everyone.

Pivotal Quotes: "Perfectionism begins with a place of lack, of a place of deficit, of a feeling that we are not quite enough" — Thomas Curran: Curran’s core definition of perfectionism and its psychological origin. "The perfectionist tries to push through those things, tries to put their foot harder on the accelerator" — Thomas Curran: Explaining why perfectionism is anti-resilience during setbacks and stress. "There are hundreds of ways you can produce that project, that report, that is good enough. But there is no perfect way" — Thomas Curran: His argument for accepting sufficiently good work instead of chasing perfection.

Implications: For listeners and organizations, the message is to reward excellence without fear, normalize mistakes, and design cultures that support autonomy, learning, and well-being. Perfectionism may look like ambition, but unchecked it can reduce performance and increase burnout.

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The CEO of the largest single investor in the world, Norges Bank Investment Management, interviews leaders of some of the largest companies in the world. You will get to know the leader, their strategy, leadership principles, and much more. Hosted on Acast. See acast.com/privacy for more information.

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