Business Concepts - When promotion has a negative impact
By Tatianna, March 16 2024
The Peter principle is the business concept that workers rise to the level of their incompetence. But why does it matter, and how can you solve it?
Business concepts
Business concepts: When we discuss trivial matters instead of important ones
By Di, November 05 2022
The Law of Triviality describes how people often waste time focusing on small things instead of the important ones. We might be meeting to approve plans for a nuclear power plant, but we spend most of the time arguing about what color to paint the bike shed.
What’s your elevator pitch?
By Huda, August 06 2022
An elevator pitch is a great way to introduce yourself and make a lasting impression on your listener. It opens the door for future communication and helps you sound memorable within a short period of time.
Business Concepts - When simple tasks take far too long
By The English Farm, December 05 2020
When we have a tight deadline, most of us can finish a lot of work quickly. But if the deadline is far away, that same work takes much longer. Why is that?
Business concepts: Use the Overton window to discuss new ideas
By The English Farm, June 06 2020
Ideas change, and what's radical to one generation may be normal to the next.
Use Occam's razor to keep it simple
By Di, August 10 2019
Use Occam's razor to keep things simple when designing a business plan.
Constructive criticism
By Pamela, May 03 2019
If you have a well-reasoned recommendation that will help someone improve their performance, you can give them constructive criticism. Constructive criticism usually includes positive and negative feedback and is shared in a friendly, supportive manner.
Constructive criticism is often focused on a particular behavior or quality. The goal is to help the person develop and advance.
Business Concepts - You do not know what you do not know
By The English Farm, November 30 2017
Overconfidence can affect anyone—even you.