These posts cover incentives, and how they drive our behavior. These may include positive incentives (encouraging us to do something) and negative incentives (encouraging us not to do something)
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It is unquestionably good to be the boss, because it puts you in a position to influence your company. But if you take your job seriously, you'll soon see that little comes with the title beyond the responsibility to live up to others' expectations.
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It seems like many politicians view themselves as entertainers first, and legislators or representatives a distant second. After all, you must be popular to be elected, the thinking goes
Better...
Because we do not like feeling uncomfortable, our natural tendency is to seek out information that conforms to our existing beliefs and to ignore conflicting information.
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Telling a hapless manager that ensuring top management support is a critical success factor for their project is more than unhelpful. It's a bit like saying, "OK, first ensure a perpetual source of cheap, clean, renewable energy...."
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People all over the world are telling us something about their well-being that is not being captured in measures of GDP. They are telling us this loudly and clearly if you look for the data, and policymakers are largely ignoring them.
My Two Cents
Would you rather have greater purchasing power, or "output that is close to the economy's maximum sustainable level of output"?
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You will always outcompete someone who is not willing to put in the same time as you. I refer not just to hours spent working, but in learning how not to waste time, and how productively to use the time you have focused on the right priorities.
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If your appetite is unlimited, no amount will ever be sufficient to satisfy your wants. No amount of tax is "fair" when there is no limit on what you aim to spend and redistribute.
My Two Cents
This list is for amusement only. Any overlap between my list and an idea you hold dear, or something you may have done, or even someone you believe you recognize, is purely coincidental. Really.
Better...
As a public service, I offer this list for you to check whether you may be doing things that are inadvertently hurting your career.
My Two Cents
The dynamics of delayed gratification help explain why as individuals and as a nation we spend beyond our means. Consumption today is worth more than consumption tomorrow.
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We are not entitled to unlimited freedom at the expense of our fellow citizens.