5 Minutes Podcast with Ricardo Vargas
Business:Careers
In this week's episode, Ricardo talks about the moment to get out of a certain situation and discusses three essential points based on the book "Quit" by Annie Duke.
People are socialized to believe that staying in a harmful situation is a virtue, so the idea of stopping what is toxic, whether professionally or personally, is often seen as a negative choice and a demonstration of fragility.
Contrary to this line of thinking, Annie Duke's book demonstrates how our problem can only worsen if we don't recognize when it's time to change. Persistence does not necessarily lead to a long-term goal.
The second tip is that when we seek complete certainty in our decision, we often decide to leave when it is too late, and the damage is already evident.
The third concerns buried costs or sunk costs. What has already been spent, be it effort, money, time, or energy, cannot impact future decisions.
Finally, he discusses the importance of creating metrics that establish a cut-off point from which output needs to be triggered. And these metrics cannot be created when the problem already exists. They must be created before the problem since our perception is altered when we are "inside."
Listen to the #5minpodcast to learn more!
How to Manage Coupled Dependencies in Projects
Bowtie Method to Evaluate Risks
Review Your Metrics Because They Lose Value Over Time
Spotify Model for Engineering Culture - Part 3/3
Spotify Model for Engineering Culture - Part 2/3
Spotify Model for Engineering Culture - Part 1/3
The Project is Complex Enough: Simplify Management
Using the 7R’s to Plan and Deliver Change
Why is it so Hard to Make Smart People Work Together?
Why We Should Care about Psychological Safety
Let’s be Mindful: What really is a Distinct Mindset?
Understanding Scope Statement, Statement of Work and Requirements
It is Possible to Innovate and Create Value Without Destroying What is Currently in Place
Agility and Agile are Not Necessarily the Same Thing
There is no Template for Life
Stop Worrying About Things You Cannot Control
Post Mortem Analysis
Movement is Not Necessarily Progress
Regaining Control: Leading Projects and Delivering Results in Turbulent Times
Work in Progress (WIP): Your Worst Enemy When Trying to Get Things Done
Create your
podcast in
minutes
It is Free
The Commercial Edge: Unleash the Power of People
The emPOWERed Half Hour
Reaching your Goals
Insights@work
Business Dad
The Ken Coleman Show
The Cardone Zone