 |
If the leaders of organizations give their people something to believe in, if they offer their people a challenge that outsizes their resources but not their intellect, people will give everything they’ve got to solve the problem.
|
283 |
 |
Our species was built to manage in conditions of great danger and insufficient resources.
|
41 |
 |
The strength of the culture, and not its size or resources, determines an organization’s ability to adapt to the times, overcome adversity and pioneer new innovations.
|
56 |
 |
…the sunk cost effect… [is] a systematic cognitive error in which people take into account money, time, effort, or any other resources they have previously sunk into an endeavor when making decisions about whether to continue and spend more.
|
89 |
 |
If you are able to cut your losses earlier, it’s a huge win. An added bonus is that it frees you up so you can turn your limited attention and resources to more fruitful endeavors that have a higher expected value, reducing opportunity costs.
|
113 |
 |
…an entrepreneur is someone who moves resources from areas of lower productivity and yield to areas of higher productivity and yield. – Peter Drucker
|
111 |
 |
A person’s time is an extremely valuable yet manifestly finite resource.
|
144 |
 |
A strategic transformation requires discipline and redeployment of all resources; without them, it turns out to be nothing more than an empty cliché.
|
146 |
 |
Without exquisite focus, the resources and energy of the organization will be spread a mile wide – and they will be an inch deep.
|
151 |
 |
When you are responsible for managing and leading people, you have an opportunity to make propound impact on your team, but it’s up to you as the leader to recognize that your team is the organization’s most valuable resource.
|
025 |
