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Preparing Your Business for COVID-19

Lead Change Blog

There are three cognitive biases, in particular, that you need to watch out for where the COVID-19 pandemic is concerned: Normalcy Bias — The brain causes us to assume things will keep going as they normally have been, and we assess the near-term future based on our short-term past experience.

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Are Firms Becoming More Short-Termist?

The Horizons Tracker

Short-termism is seldom regarded as a positive attribute for managers to adopt, especially at a time of disruption and change. Alas, research from the Cornell Business School suggests that American firms, and indeed investors and policymakers, are actually becoming more and more short-term oriented. Discounted returns.

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What Is Renewable Energy Procurement?

Strategy Driven

Developing Long-Term Relationships Long-term relationships between a business and a renewable energy supplier can provide numerous advantages. These can be both short-term and long-term. In the short term, businesses are able to access reliable renewable energy procurement at a lower cost.

Energy 103
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Do Leaders Need to Change Their Plans to Address the New COVID-19 Strains?

Lead Change Blog

Our minds aren’t well adjusted to these seemingly-abstract numbers due to mental blindspots that behavioral scientists like myself term cognitive biases. One example: we suffer from the propensity to focus on the short-term view.

Planning 150
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Has Covid-19 Made Tourists More Price Sensitive?

The Horizons Tracker

“When a destination faces the threat of an infectious disease such as COVID-19, tourism businesses operating at the destination need to be cautious in offering discounts or promotions, implementing dynamic pricing or price discrimination strategies,” the researchers say. ”

Price 93
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The Best Tool To Communicate Effectively With Your Manager.

Rich Gee Group

Short — make it a 10-15 minute meeting; the shorter, the better — focus on the tactical. Accomplishments (from last week): Accomplishment 1 (keep each bullet point short). Long-Term Projects (in the near future): Project – Due Date (must have due dates). So how do you do it? Accomplishment 2 (keep it less than 5-7 words).

Tools 150
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Three Rules to Deliver the Best Possible Performance for as Long as Possible

Leading Blog

And although their profitability suffered significantly in the short-term and full recovery remains an uphill climb, they are not struggling to cure their customers of a "discount addiction."

Price 284