Leaders need the courage to deal with sunk cost bias

In his book Essentialism, Greg McKeown outlines a phenomenon called “sunk-cost bias.” In case you are wondering what that is, he defines it as, “the tendency to continue to invest time, money, or energy into something we know is a losing proposition simply because we have already incurred, or sunk, a cost that cannot be … Read more

What is your biggest leadership challenge?

It is easy to be seduced into thinking that everything is high-priority and must have your attention now. But game-changing leaders have a laser-like focus on the number one thing that is going to make the biggest difference to achieving their objectives. Ken knew that if he did not turn around the relationship with his … Read more

What’s important to you?

When Chris knocked back a lucrative job offer, his boss was staggered. He thought it would have ticked all the boxes; expanded accountability, opportunities for business growth, personal challenge, to name a few. But he had not understood that it would impinge on Chris’ commitment to integrate work with his young family. Chris knew that … Read more