#3 Monthly Update
I have focused this month on some important decision making topics:
Starting with the review of the tools used in a fast-paced environment to ensure mental readiness for difficult tasks - aviation and healthcare. I have presented examples of The I'M SAFE Checklists used by those professionals, and argue that they are the best practice examples, which would benefit greatly other fields: Do you have your mental readiness checklist?
Cognitive diversity is one of the fundamentals of resilient group. Strong groups are under risk of compromising this diversity and falling into the trap of group thinking. Important for the good decision process is therefore to ensure that diverse points of view are not ignored for the sake of group cohesion. One of the ways to manage this challenge is to create a group of professional "devil advocates".This is what Red Team of the US ARMY attempted to achieve by launching a Red Team Program in 2004. I describe the program here: Red Team Alert
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A funny scene from the Netflix series Gentlemen, in which the main character's mother comforts her very stressed son by inviting him to a funeral with these words: "Nothing like a good funeral to put things in perspective!", reminds me Memento Mori. This Latin phrase, which translates to "remember that you must die," serves as a powerful reminder of our mortality and the fragile nature of life. it has been used for ages as a tool for personal growth, ethical living, and finding meaning in the face of life's ultimate certainty. It is a powerful decision support technique, which help to broaden perspective: Nothing like a good funeral to put things in perspective!
And finally, in the midst of Euro Football Championships, I contemplate reward system in our society, which seems to be misaligned with what we claim to value and respect. To illustrate my point I came up with "Cristiano Ronaldo Equivalents" - This represents the number of people in highly respected jobs that could be hired for Ronaldo's salary. In Poland, for example, his salary could fund nearly 20,000 police officers, 17,000 teachers, 16,000 nurses, or over 5,000 doctors. In Switzerland, his earnings could hire over 3,000 police officers, 2,000 teachers, 2,000 nurses, or more than 700 doctors. The full post with additional interesting statistics: Do we pay for what we respect?
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I really like this update. Especially the football reference. I am a "tournaments" enthusiast who maybe does not watch the Champions League but loves the World Cup and Euros. Each and every time similar topics pops up. Topic No.1 is overstated salaries of football players and No 2 is huge salary discrepancy between man football vs women football or vs other sports like volleyball or vs other professions like doctors and teachers etc. And I believe the reason for astronomical salaries is not respect or at least not respect alone, but rarity. There is only one Ronaldo, Messi and Mbappe. Another thing is purely entertainment. Obviously teachers or doctors bring more tangible effects to our lives, BUT hard to compare emotions from a classroom or doctor's cabinet with a well played game, full of drama, expectations and unpredictable twists. Euros, just like the World Cup and Olympics, is an escapement from a tedious reality.
It sells well as demand is high (pure law of supply and demand). Why is demand so high? As we wish to be out of this reality for a moment. Over 90% of people just live their day-to-day lives with little or no mindfulness and self-awareness. Therefore popularity of shows, video games, social media etc. This temporary surge of dopamine sells the product. It's also a proxy to our own reality. We observe games, get involved as if there is sth at stake for us. Following your concept "pay for respect" I would throw another intriguing example. Why do luxury brands like Rolex never show their ads during football tournaments? Why footballers are not brand ambassadors and instead they chose Roger Federer or Tiger Woods or F1 championships? The answer is respect :) According to Rolex there are many much more respected sports and games. Football is common and for masses and if sth is for mass is neither unique nor exclusive. Even a rare individual like Ronaldo would never advertise Rolex. He is rare and unique but his game and association isn't. So after this lengthy deliberation :) I would argue whether football is respected. It's crazy popular and triggers emotions. And at the end of the day, emotions sell, not the product itself.
Certified CTSC APICS | Supply Chain Planner
7 个月Thanks for sharing your insights.?Looking forward to next month’s posts!