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The impact of opportunity cost on personal and professional life
Evaluating the benefits and drawbacks of different choices
Understanding the concept of opportunity cost
The Perception of Ambition
A healthy dose of ambition and drive is no doubt the key to success.
Defined as striving of an individual for status and achievement, ambition is particularly rampant in the corporate world, with managers wanting to climb up to the top of the corporate ladder.
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Two Kinds Of Ambition
Ambition can be individual or collective, and while collective ambition is great if one is able to channelize the same, individual ambition at the expense of the organization as a whole can be counterproductive.
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Factors That Guide Ambition
- People with high self-esteem are more ambitious and confident to be able to rise in the ranks, regardless of the actual talent.
- Family history plays an important factor, with successful parents having ambitious children.
- An
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