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Showing posts with the label personnel management

Just my thoughts #0824

Convergence : A phenomenon where a specific value or level moves toward a certain standard . A bubble occurs when a community’s value rises excessively due to overestimation , while an undervalued state is the opposite. Both eventually settle at a balanced value recognized by the community , called convergence. Bubbles and undervaluation represent states at any given time. If a seller sets a product at an excessively high price, it won’t sell indefinitely, and the seller will eventually lower the price. Market prices tend to converge. There isn’t a single correct market value, but converged values exist, and this phenomenon gives the market its meaning and existence. There’s no need to be arrogant when doing well, as your high wages will eventually align with the market price. - Joseph’s “just my thoughts”

Just my thoughts #0002

Knowing and doing are two very different things. Zhuge Liang, an incomparable genius who was a Chinese prime minister of the Three Kingdoms, knew the deep secret of nature. However, he suffered a great defeat in the most important battle because he wrongly appointed Ma Su as his subordinate general, even though he knew him well and had received a warning about his appointment from the late king. Personnel management is the most difficult thing in the world, and to manage it well is the key to success. - Joseph's "just my thoughts"