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SIMILAR ARTICLES & IDEAS:
“Most executives cannot articulate the objective, scope, and advantage of their business in a simple statement. If..."
An executive needs those she leads to translate strategic insights into choices that drive results. For people to commit to carrying out an executive’s strategic thinking, they have to both understand and believe in it. But repeated explanations don’t necessarily increase people’s understanding and ownership of strategy. Making them discuss the pros and cons of it make it so the problem is better understood and flaws are identified and fixed increasing ownership for success.
When someone is promoted into a function that requires strategic leadership it’s easy to spend time fixing what was wrong in their previous function but that often isn’t what the strategic leadership position requires. So, identify the strategic requirements of your job and focus on them.
Breaking down complicated problems into basic elements and then reassemble them from the ground up.
It’s one of the best ways to learn to think for yourself, unlock your creative poten...
...is a foundational proposition or assumption that stands alone. We cannot deduce first principles from any other proposition or assumption.
Reasoning by first principles removes the impurity of assumptions and conventions. What remains is the essentials.
If we never learn to take something apart, test the assumptions, and reconstruct it, we end up trapped in what other people tell us.
We remain trapped in the way things have always been done. When the environment changes, we just continue as if things were the same.
Deciding is too much effort so we’re likely to just stick with the default or safer option if it’s already been chosen for us.
When we get offered too many choices, the same...
This is when serotonin is at it’s natural high, which helps to calm our brain. Thus, we feel less risk averse and so we can face risks and make harder choices.
If we’re feeling hunger, thirst or sexual desire, that can actually spill over into the decision areas of our brains, making us feel more desire for big rewards when we make choices.
This can lead us to make higher-risk choices and to want for more.