Learn more about problemsolving with this collection
How to set clear objectives
How to follow up after a meeting
How to manage time effectively
How FOBO Affects Your Office
FOBO means that managers create as many options as possible, keep them open, and then decide which options work somewhere at the time and place that is most favourable.
Today, when we have so many options, we don't just try to optimize whom we marry, or where we work or live -- we try to optimize nearly every aspect of our lives and we spend inordinate time and energy in the process.
It's the ultimate analysis paralysis that we see plaguing our business climate, and it helps explain why corporations are succumbing to the nimbler start-up culture that is defining business in the 21st century.
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How to avoid FOBO
Leaders must accept that decisions come with downsides, trade-offs, and the risk of failure. Otherwise, they are too slow to react.
With that acceptance in mind, leaders simply must move forward and make the best decision they can.
In a world where innovation is the c...
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The Fear Of Missing Out
FOMO, or the "fear of missing out," has permeated most corners of our popular culture. But rest assured -- FOMO wasn't invented by some Madison Avenue agency. In fact, quite the opposite; the term was created by a Harvard MBA named Patrick J. McGinnis, author of The 10% Entrepreneur.
Howeve...
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Fear Of A Better Option(FOBO)
Most people don't know that FOMO is just one half of the managerial equation. It has an even darker counterpart -- one that can cripple and then completely ruin companies if it's not managed well.
FOBO, or the "fear of a better option, managers don't act at all, choosing instead to sit back...
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Different Jobs See Time Differently
- Managers can work in time blocks of 30 or 60 minutes, scheduling meetings or sending emails.
- Makers need almost half a day to get down and create something, requiring an uninterrupted focus mode that is nearly impossible.
What complicates matters is that many...
Metacognition affects our decision-making
Metacognition - the ability to reflect on our thinking - plays a large part in our decision-making processes.
We don't only have emotions or desires that drive us. We also reflect on our emotions, regret our decisions, and try to work around them to pursue our immediate and delayed goa...
Match Your Internal Clock To Work
Many studies on productivity point out that we are only doing 2.5 to 3 hours of productive work on any given day. While most companies and managers expect the 8 to 9-hour productivity on a daily basis, we need to let go of this 9 to 5 office culture.
We need to bui...
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