Відео

#44 Law of Diminishing Returns In Economics, The law of diminishing returns states that in productive processes, increasing a factor of production by one, while holding all others constant, will at some point return lower output per incremental input unit. ... This is known as diminishing returns. This efforts are towards explaining the law and the usefulness in life Pls do share and like - if ...

#43 - Understanding “WHY” One of the secret of success is “Understanding WHY “ knowing why you're doing your work serves two fundamentally important efficiency-related purposes as well: it motivates you and it orients you. Why is what drives not only everything we do, but also our emotional reactions to everything that happens to us. We're simply far more likely to accept a change if we underst...

#42 - Listening Listening is the ability to accurately receive and interpret messages in the communication process. Listening is key to all effective communication. Without the ability to listen effectively, messages are easily misunderstood. As a result, communication breaks down and the sender of the message can easily become frustrated or irritated Good listening skills can lead to better cu...

#41 - Behaviour Intention gap Correlational studies show that intentions are reliably associated with behaviour I.e Intentions predict behaviour Intention-behaviour gap, which describes the failure to translate intentions into action. The reason for this topic is, the gap in intention and behaviour of a persons may lead to wrong predictions. Hence it is important to start on positive note and e...

#40 KPI Please share if you like KPI, A Key Performance Indicator is a measurable value that demonstrates how effectively a company is achieving key business objectives. Organizations use KPIs at multiple levels to evaluate their success at reaching targets. High-level KPIs may focus on the overall performance of the business, while low-level KPIs may focus on processes in departments such as s...

#39 Blocks in Personal Growth Please do share if you like All personal growth is caused by change - a new, unusual stimulus. That includes simply from new ideas - by reading, by speaking to others and by learning from the experiences others have had. The most powerful personal growth is caused by us actually experiencing new, unique things - or learning new ideas. In general, it refers to the s...

# 38 - Common Thinking Errors Please share if you like Thinking matters and the errors we do while thinking will crush our mental strength Our mental well-being depends on our ability to manage our thoughts, regulate our emotions, and behave productively and responsibly despite our circumstances. Thinking errors are faulty patterns of thinking that are self-defeating. They occur when the things...

# 37 - Understanding Failure Please share if you like “If you’ve never failed, you’ve never lived” is how the saying goes. Failure is probably one of the aspects of life most people are afraid of. But the truth is: everyone has failed and everyone will fail again. We sometimes forget that all successful people have failed, but they did not stop after their failures. They stood up and tried agai...

#36 The Cobra Effect Please like & share if you like it The cobra effect occurs when incentives designed to solve a problem end up rewarding people for making it worse. The term is used to illustrate how incorrect stimulation in economics and politics can cause unintended consequences. It is also known as the perverse incentive. It is important to know what is Cobra Effect and think of long ter...

#35 - Limited Mindset Please do share if you like. Mindset.com defines Mindset as a collection of beliefs and thoughts: “Mind-sets are those collection of beliefs and thoughts that make up the mental attitude, inclination, habit or disposition that predetermines a person’s interpretations and responses to events, circumstances and situations.” Limited Mindset is a mindset that people develop ov...

# 34 The Dunning-Kruger Effect Please do share if you like The Dunning-Kruger effect is a type of cognitive bias that causes people to overestimate their knowledge or ability, particularly in areas with which they have little to no experience. In psychology, the term “cognitive bias” refers to unfounded beliefs that many of us have, often without realizing it. Cognitive biases are like blind sp...

# 33 Peter Principle Please do share if you like The Peter Principle is a concept in management developed by Laurence J. Peter, which observes that people in a hierarchy tend to rise to their "level of incompetence": employees are promoted based on their success in previous jobs until they reach a level at which they are no longer competent, as skills in one job do not necessarily translate to ...

# 32 Parkinson’s Law & Student Syndrome Please do share if you like Parkinson’s Law & Student Syndrome, both considered as disease for Project Management. Student Syndrome causes us to waste whatever buffer we did have, adding more time to our already generous estimates. Parkinson's Law blocks us from taking advantage of any favourable variation (tasks finishing early) the project experiences. ...

# 31 Life is Math - Not Magic Please do share if you like Most of us expect magic to happen in life but life is actually a math not magic. What we need is to find the pattern and crack the code. Scott Adam in his book How to Fail at Almost Everything and Still Win Big, said : “If you find yourself in a state of continual failure in your personal or business life, you might be blaming it on fate...

#30 Compound Interest

#29 Time

#28 1% Success Habits

#27 Power of Basics

#26 Bell Curve in Life a thought process

#25 Positives of 2020 a Lost year

#24 The 80 20 Rule

#23 Art of Continuous Improvement 1

# 22 - Control of Non-conforming Material

21 Smart Goals with Law of Attraction

#20 Why Corrective actions not Effective sometimes

Mastery

Process Audit

Inside out

Implementing Time Matrix