The Ostrich Effect - Deepstash
Making Remote Work, Work

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Making Remote Work, Work

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The Ostrich Effect

Once we have invested our time, effort and resources in something, we tend to avoid correcting ourselves in real-time if we are off-track.

Inversely, when people engage in mental contrasting, anticipating the upcoming obstacles, they tend to succeed.

355

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Failure Is A Goldmine

Sharing information on failure among peers means less work overall, and better success for the entire team, as team members do not have to reinvent the wheel by making the same mistake to learn from it.

People do not share failure as it hurts their self-esteem, but if we keep the p...

372

853 reads

Failure

Failure

Success is sought after by most, while failure is looked down upon, even seen as something shameful.

More than success, it is our failures, errors and rejections that provide us with better learnings, and pathways towards eventual success, if we study them.

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1.85K reads

Screw-Up Nights

Some young organizations have started the trend of sharing failure among their teams and even the entire organization. These are great opportunities for employees to talk about their mistakes and admit when they were wrong, while the rest benefit from the lessons learned.

306

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The Zeigarnik effect

This is the tendency to have “intrusive thoughts” about a task that we once started but didn’t finish. 

It is in our human nature to finish off things that we start and we often hate having to leave a project unfinished. 

Some people are very good at maintaining a detachment be...

The costs of walling ourselves off

The costs of walling ourselves off

  • Once we slap a label on others, we don’t bother to look more closely, and our fears grow.
  • We are actually less safe. Labeling entire groups of people as good guys or bad guys is dangerous, because we end up accidentally putting white hats on bad guys and black hats on g...

Common Explanations for Status Quo Bias

These explanations are all irrational for preferring the status quo:

  • Loss Aversion: When we make decisions, we weigh the potential for loss more heavily than the potential for gain.
  • Sunk Costs: We continue to invest resources like time, mone...

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