What does it take to be a winning football team? You probably say the star or the amount of talent on the team. Well, I used to think like that too. When I think a great football team, I think Real Madrid, Barcelona, Juventus. I also pictured all the flourish tricks and showboating skills that … Continue reading What Does It Take to be a Winning Football Team?
Global warming is happening everywhere on the earth. It’s undeniable that the world is getting warmer every day. Since the late 19 centuries, scientists and government had warned us about this phenomenon and how we should act on it. Campaigns after campaigns have been made to make us aware and do something to make it … Continue reading Why Don’t We Act On Global Warming/Climate Change [Psychological Perspective]
It was Saturday night, we just after go sightseeing in York, England. We went to a Chinese restaurant. After we seat in the roundtable, in front of me, I saw an half-bold Asian man standing very straight, wearing a fitted and tucked blue shirt and put both of his palm in his hips (sign of domination). Before anything … Continue reading Public Humiliation/Shaming [The story of the world worst boss]
Currently (October 4, 2017), the median of annual CEOs’ salaries is $163,059/year. With bonus in the range from $1,031/year to $145,339/year. Well, that's a lot of money and no doubt, a lot of work and effort. Now, the majority of you maybe still think that the bigger the incentive is, the more performance/contribution will be … Continue reading Yerkes-Dodson Law [When Less Salaries Could Give You More]
There is always some raging debate about teamwork vs individual work. They both have their own pros and cons. Ideally, teamwork is perfect for brainstorming, to create ideas, to share a common goal. At the other hand, teamwork can be ineffective, can provoke conflicts that can make a negative working climate. Today I gonna share with … Continue reading 3 Psychological Phenomena That Could Negatively Influence Your Team
Before explaining the phenomenon, let me give you a really simple example: “ABC Toys Store” that sell toys forecast/predict that next week, their revenues will increase 200%. Currently, their average revenue/week is 500 toys. So next week the forecasting amount will be 1000 toys. So ABC Toys store ask their distributor/supplier which is “DEF Manufacturer” … Continue reading The Bullwhip Effect [The compounded error of supply chain]
In the United States, the possibility of a start-up that will not survive in 5 years is 65%. For a shorter run, SBA survey showed that startups have 22% chances to fail in the first 12 months. Do you believe in that statistics? Now for most of you that don't work in a start-up company, you … Continue reading Entrepreneurial Delusions [Top 3 biases that will collapse your start-ups]