The physical value of a book is a measurable cost of paper, printing, and labor charges, but estimating the value of the book’s contents is difficult. Most intangible values are similarly challenging to assess. We purchase the intangible value of a book at its physical price. When revenues are generated, the added value produced can be realized. These revenues arise solely from sales, which are based on price, not value. In essence, there is always an imbalance between price and value, and this imbalance determines whether one is wealthy or poor. Management is the act that shifts this imbalance in my favor. - Joseph’s “just my thoughts”
A truly great leader does not believe he is perfect, nor does he need to be. In fact, recognizing his imperfections allows him to connect with others and fosters humility, which helps him collaborate effectively with colleagues. Rather than achieving remarkable successes alone within the organization, a leader who strives to thrive alongside his team— even if progress is slower— cultivates a more cohesive organization. Ultimately, this approach strengthens the organizational culture, empowering it to withstand crises. People cannot excel at everything, nor do they need to. Recognizing this reality is a key aspect of effective leadership. - Joseph’s “just my thoughts”