Be a better delegator using WILD-RICE

THE HUNGER FOR THE TOPIC

I was reminiscing with a colleague about our journey of managing people and we both agreed that it would have been so much better for everyone concerned if we’d learned the art of delegation much earlier in life.  We both hit the same cycle that a lot of people do when they’re new to management.  We took on the extra responsibility, but we thought that also meant that we had to take on the extra workload.  After a prolonged period, Continue reading

B.A.K.E. when you’re feeling stressed!

The Hunger for the Topic

When I settled on B.A.K.E. as the acronym for managing stress, it felt as if it was very serendipitous.  I love baking and spending time in my kitchen as it is a place of warmth and doing what I love so I feel that I can lose myself creating delicious things for others to eat whilst restoring my inner calm.

Over the last 18 months we’ve all had to find activities to help us to manage our feelings of overwhelm.  There has been a huge amount of uncertainty and in some respects having less places to go and things to do outside of our homes has reduced our comfort zones and left us feeling at ease with the familiar.  We all have different tolerance levels to stress, which is a part of our daily life.  However, it starts to become a problem when we think we’ve lost control.  Having some Continue reading

P.O.P.C.O.R.N. is good for you in more ways than one!

The Hunger for the Topic

We’ve undoubtedly been living in some uncertain times during the last year and a half.  The pandemic has created a huge amount of change to our lives.  And as we know, our brains don’t like to experience any type of threat for a prolonged period of time.  They’re designed to seek control and predictability.  If there’s one thing that I’ve learnt throughout this period, Continue reading

Sunken Cost Fallacy

Discussions about how much ‘stuff’ we keep for the sake of it, both physically and mentally started me reflecting and researching why people do like to hold onto things.

I came across something called the ‘sunken cost fallacy’ which is about investments that justify further expenditure. They don’t need to be monetary.  It could be time, energy or emotion. The thing is when we’ve invested heavily, we allow our personal attachments to cloud our judgement which means our decision making is driven by emotion rather than logic.

Think of that expensive piece of clothing in your wardrobe. Worn only once but it remains because of that price tag. Or the business idea, in which you’ve invested money and people but you’ve missed the market. Instead of adapting it or moving on, you keep going back to the same idea in the hope you missed something?

I’m hearing for many, the pandemic has allowed some decluttering. It has given you the opportunity to re-evaluate what is important and, no matter what your sunken cost is, to move. But what if you’re being driven by emotion rather than logic? What can you do to change your perspective? If it was a friend in the same position what questions might you be asking them?