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A batch of the best highlights from what Louis's read, .
Formally celebrate and observe the momentous achievement—the victory—and make
sure that everyone feels ownership in it. Praise, bonuses, and other rewards can make it
special. This is a unique opportunity to strengthen the bond everyone feels to your organization,
especially the special role players who get less attention.
The Score Takes Care of Itself
Bill Walsh
In marketing strategy, first-mover advantage (FMA) is the competitive advantage gained by the initial ("first-moving") significant occupant of a market segment. First-mover advantage enables a company or firm to establish strong brand recognition, customer loyalty, and early purchase of resources before other competitors enter the market segment. First movers in a specific industry are almost always followed by competitors that attempt to capitalise on the first movers' success. These followers are also aiming to gain market share; however, most of the time the first-movers will already have an established market share, with a loyal customer base that allows them to maintain their market share.
First-Mover Advantage - Wikipedia
en.wikipedia.org
But actually, since more than half the students didn’t finish by the time they were 99% sure they’d be done, reality usually delivers results a little worse than the ‘worst-case scenario’. It’s called the planning fallacy, and the best way to fix it is to ask how long things took the last time you tried them.
Harry Potter and the Methods of Rationality
Eliezer Yudkowsky
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