decision-making

Price is what you pay Value is what you get – Warren Buffet

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Price is what you pay Value is what you get: We all know and admire Warren Buffet for his business skill and wit. This quote from Warren Buffet talks about the concept of price and value. Most times we are trained to think that an expensive item is of good or high quality. However, this might not always be the case. This quote exposes the most common myth about the market. Although price can be an indicator of quality, it is not always the case. Clever marketers exploit this perception of buyers and price products accordingly. Hence, as a buyer, we must always be sharp and look for the value of a product or service.

One of the greatest skills of leadership is being unflappable

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Leadership is not an easy task, and it requires a unique set of skills to succeed. One of the most critical skills of leadership is being unflappable. It’s essential to be able to handle criticism and stay focused on the task at hand. In this article, we will explore why being unflappable is crucial for leadership and how to develop this skill.
In particular, if there are situations where the impact to customers has been wide and response harsh, it does bring out a different task from the leadership positions.

Leadership often tends to be about communication. Although it is often thought of as communication to others/teams, etc, a large part of it is about listening. More importantly it is about being a positive listener. It is painful to see example of leaders rebuffing positive criticism. This naturally leads a very bad example for problem solving approach

Don’t let others convince you that the idea is good!

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In today’s fast-paced and competitive world, there is constant pressure to come up with new and innovative ideas. However, not all ideas are created equal, and sometimes, our instincts tell us that an idea just isn’t right. Despite this, it can be challenging to stand our ground and trust our gut when others are trying … Read more