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Just my thoughts #0809

Choice Costs: Every decision has a cost. Giving up is also a choice, and therefore, it carries a cost as well. The purpose of spending money is to gain the efficiency or benefit of a chosen option. Organizations can be at risk if leaders fail to correlate costs and benefits when making decisions or relinquishing opportunities. For example, if a CEO decides to hire an employee, there is a cost associated with wages, and if the employee cannot perform their role corresponding to the wage, the organization suffers a loss. Ultimately, if the CEO fires that employee, the organization must find a replacement, incurring additional costs in the process. A CEO who spends excessively on emotional indulgences is a harmful leader. - Joseph’s “just my thoughts”
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Just my thoughts #0273

The greater the mountain, the less we consider its height due to its overall size. It’s not merely the height or depth that defines a significant mountain; rather, it’s the climate. A mountain that experiences changing weather patterns is indeed greater. Similarly, the greater a person is, the broader and more diverse their capacity for change, which should not be taken lightly. We must refrain from judging those individuals with our imperfect cognitive abilities.


- Joseph’s “just my thoughts”




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Just my thoughts #0039

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