When it comes to your career, sunk costs are everywhere. To help you spot and avoid them, Coupon Chief created an infographic with helpful advice to keep you out of the sunk cost trap. Whether you’re hunting for the next great job opportunity or figuring out how to change careers, it’s important to recognize sunk costs and avoid the fallacy.
One thing is certain, more change is sure to come as the Coronavirus continues to consume lives and we all learn to deal with confinement.
We often hear leaders say that employees are their organization’s most important resource. Unfortunately, too often this is just a slogan.
Perhaps the biggest challenge the Covid-19 Pandemic brings is how to lead in a crisis, in which the ground appears to change by the hour and in some instances by the minute.
When it’s time to make a big decision, do you ask for advice? Many of us do, and our default behavior is to go to our most trusted friends or colleagues. These are the people you already talk to often, and who know you well. There is a reason you are inclined to talk with them. It is easier and less energy-intensive for your brain and theirs because they are familiar.
Single payer healthcare represents a relatively simple set of processes, at least compared to the very complex U.S. healthcare system
The typical response to crises is often described as “managed chaos”. This is particularly true when the onset is sudden, the affect is broad, and the duration lingers.
When Inglewood dubbed itself “The City of Champions” the proclamation produced enormous civic pride and instilled a great deal of inspiration throughout the community. Few mottos have the power to touch the hearts and souls of those tied to a City as much as one that speaks directly to the human spirit. A human spirit that combines character with grit and determination to succeed at a championship level, regardless of the endeavor.
Our healthcare costs keep increasing much faster than inflation, year after year. According to figures released in December 2019 by the U.S. Department of Health and Human Services (DHHS), the annual growth rate of healthcare spending was 4.6% in 2018, vs. 3.9% in 2017, 4.8% for 2016 and 5.8% for 2015. We spent $3.6 trillion in this area, or 17.8% of GDP.