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“Goals may cause systematic problems for organizations due to narrowed focus, unethical behavior, increased risk taking, decreased cooperation, and decreased intrinsic motivation. Use care when applying goals in your organization.”
A rural peasant woman in modern Malawi spends 35 percent of her time farming food, 33 percent cooking and cleaning, 17 percent fetching clean drinking water, and 5 percent collecting firewood. This leaves only 10 percent of her day for anything else, including finding the gainful employment needed to pull her off this treadmill. Because of all of this, Ridley feels that the best definition of prosperity is simply “saved time.” “Forget dollars, cowrie shells, or gold,” he says. “The true measure of something’s worth is the hours it takes to acquire it.”
Abundance
Peter H. Diamandis, Steven Kotler
25. McNamara Fallacy:
We tend to evaluate outcomes by the metrics that are easiest to measure. The Vietnam War was a disaster largely because US SoD Robert McNamara gauged success by enemy body count, ignoring less quantifiable but more important metrics like public sentiment.
Everyone, a New MEGATHRE...
@G_S_Bhogal on Twitter
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