How Will You Measure your Life? Flashcards
How can I be sure I’ll be happy in my career?
Herzberg: The powerful motivator in our lifes isn’t money; it’s the opportunity to learn, grow in responsibilities, contribute to others and be recognised for achievements
How can I be sure my relationship with my family proves to be an enduring source of happiness?
Concerns how strategy is defined and implemented -> Strategy is determined by the types of initiatives a manager invests in
Allocate your resources: Limited amount of time, energy and talent
Create a culture: Critical managerial skill to not only see into the future with acuity (Schärfe) but also persuade employees to follow the same path
Culture defines the priority given to different types of problems
How do live a life of integrity/Stay out of Jail?
Avoid the “marginal costs” mistake (-> don’t ignore sunk and fixed costs)
Remember the importance of humility
-> High level of self-esteem
-> Having the humble eagerness to learn from everybody creates unlimited learning opportunities
