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#efficiency

4 posts4 participants0 posts today
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Dennis Alexis Valin Dittrich

Fairness Across the World openaccess.nhh.no/nhh-xmlui/bi
"… the meritocratic #fairness view is not universally accepted, and plays only a marginal role in many countries, especially outside of the Western world.
… #meritocracy is particularly prominent in richer countries
… people’s belief about the source of #inequality is crucial for whether they consider inequality in their society to be fair, but we also establish that these beliefs are particularly important in countries where people endorse the meritocratic fairness views
… It appears plausible that the meritocratic fairness view is conducive to economic #growth
… cross-country differences in #redistribution through taxes and transfers also are associated with differences in fairness views, with more redistribution in countries with a higher share of meritocrats, which highlights the importance of incorporating #heterogeneity in both fairness preferences and beliefs when studying the political economy of redistribution
… people’s view on redistribution is primarily driven by fairness considerations, the perception that inequality in their country is unfair, rather than #efficiency considerations"
#ExperimentalEcon

Public
Eduardomastodon

Today I saw two offices offering the same service.

One looked straight out of 1998: paper slips, folders, a pen tied with a string.
The other looked like it could print your passport in 2 minutes.

Which one is more efficient? 🤔
Which one makes you fill out three forms just to get an appointment?

And if you were offered a job at either one, everything else being equal…
👉 Which would you choose?

First office.
First office.
Second Office
Second office
#Offices#WorkLife#Technology
Public
WIST Quotations

A quotation from Teddy Roosevelt

   All men in whose character there is not an element of hardened baseness must admit the need in our public life of those qualities which we somewhat vaguely group together when we speak of “reform,” and all men of sound mind must also admit the need of efficiency.
   There are, of course, men of such low moral type, or of such ingrained cynicism, that they do not believe in the possibility of making anything better, or do not care to see things better. There are also men who are slightly disordered mentally, or who are cursed with a moral twist which makes them champion reforms less from a desire to do good to others than as a kind of tribute to their own righteousness, for the sake of emphasizing their own superiority. From neither of these classes can we get any real help in the unending struggle for righteousness.
   There remains the great body of the people, including the entire body of those through whom the salvation of the people must ultimately be worked out. All these men combine or seek to combine in varying degrees the quality of striving after the ideal, that is, the quality which makes men reformers, and the quality of so striving through practical methods — the quality which makes men efficient. Both qualities are absolutely essential. The absence of either makes the presence of the other worthless or worse.

Theodore Roosevelt (1858-1919) American politician, statesman, conservationist, writer, US President (1901-1909)
Essay (1900-06), “Latitude and Longitude Among Reformers,” The Century Magazine, Vol. 60, No. 2

Sourcing, notes: wist.info/roosevelt-theodore/1…

#quote#quotes#quotation
Public
Futurist Jim Carroll

"Decision fatigue? Simplicity overcomes complexity every time" - Futurist Jim Carroll

A shoutout to Christa Haberstock for giving me the idea!

----

Each month, I do an email blast to the various speaker bureau folks who have booked me through the years - about 260 people at this point,.

With that being the case, I've come to keep my message - a key way of keeping them up to date - shorter and to the point..

Here's what I sent yesterday. It speaks for itself with powerful guidance that can apply to just about anything.

---

Decision fatigue is real. Breaking through is what matters!

Let's talk about why clients can't make up their minds in 2025!

Noticed clients taking forever to pick speakers lately? It's not you - it's decision fatigue!

I remember seeing a post somewhere on LinkedIn recently that something like 1.5 million people have either 'speaker' or 'keynote speaker' in their profile - no wonder clients are feeling overwhelmed.

This is making it difficult for them to select a speaker - and this is combined with the decision fatigue they are already facing.

Decision Fatigue? What's that?

In my 30+ years of speaking about leadership and innovation, I've often shared insights with audiences about the issues people have with making decisions. Here's what I know - simply put, our brains get tired after making too many choices. Each decision uses mental energy, and eventually, we run out of gas. When we run out of gas, we do the easiest thing possible - we stop making decisions.

Recent studies highlight just how real this problem is:

One study suggests we spend 50% of our working day making decisions

- We make 100+ significant decisions daily, plus thousands of micro-choices (emails, word choices, etc.)

- Decision quality drops by up to 40% after making multiple back-to-back decisions

- 73% of professionals report postponing important decisions due to mental fatigue

I've also noticed that decision paralysis becomes significantly worse during periods of volatility.

Back in 2002, I identified what was happening in the meetings and events industry as what I called "aggressive indecision" - people simply refusing to commit to anything due to overwhelming uncertainty.

I think that's where we are at right now.

By the time they're looking at your speaker options, they've already made too many decisions that day. Their brain is basically saying, "Not another choice!"

No wonder they ghost you after initially seeming excited!

They make the decision easy by deferring it, avoiding it, and not thinking about it.

Here's how to make it easier for mentally drained clients - make it easy for them to make decisions.

#Decision #Fatigue #Simplicity #Choices #Focus #Clarity #Overwhelm #Efficiency #Leadership #Action

Original post: jimcarroll.com/2025/04/decodin

Replied in thread
Public
Wulfy

@MatthewToadAgain @ChrisMayLA6

Efficiency
How optimally a system uses resources by minimizing unused capacity, at the cost of flexibility and resilience.

Effectiveness
How well a system achieves its goals while maintaining reserve capacity for resilience, adaptation, and peak demands.

Highly efficient systems may be vulnerable to disruption, while effective systems maintain deliberate slack for robustness and responsiveness to changing conditions.

#efficiency Vs #effective

Public
your auntifa liza 🇵🇷 🦛 🦦

had to go up 26 flights of stairs thanks to the finbro and techbro efficiency of the Wall Street investment bank that, with the backing of the OPEC mafia, privatized these once government-subsidized affordable housing buildings and been gaslighting the unsuspecting by calling them “luxury housing”.

26 flights of stairs.

on a friday evening.

when there’s nobody around to repair them, thanks to their union busting ways.

there is really nothing quite like techbro and finbro #efficiency.

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