Joseph's "Just My Thoughts"

Let’s say you have two options. If you press the blue button , you will receive 1 million USD, and if you press the red button , you will receive 10 million USD, but the probability of winning is 50%. Which button would you press? If pressing the blue button is business, pressing the red button is gambling. In other words, depending on your attitude toward the relationship between risk and reward , we can determine whether we are suitable as managers. But if you press the red button with a 50% chance of winning and you don’t win, and you have to pay a fine of 1 million USD, would you still press the red button? The relationship between risk and reward influences people’s behavior. Business is about creating a structure that is advantageous to me, and building a system in which the structure continues to benefit me is called management. - Joseph’s “just my thoughts”

One instance where results justify motivation and process is branding. People observe successful, well-known brands and assume that they were established through elaborate planning by marketing experts from the outset. However, most thriving brands remain in existence not because of strategic planning but because they have “survived.” If your business endures, the result justifies the brand and imbues it with meaning. A brand serves as a reward for survival. It makes sense only when it survives. - Joseph’s “just my thoughts”

Once we complete our hard work as a team, we celebrate together with a party. This event allows everyone to set aside any grudges and offer comfort and encouragement to one another. Such emotional exchanges contribute to the overall success of our efforts. Regardless of the work’s significance, its value and meaning diminish without these small yet crucial emotional rewards. In fact, lingering feelings of resentment or vengeance can arise in the absence of such acknowledgment, revealing a complex emotional landscape. A great leader understands and values these emotional experiences. - Joseph’s “just my thoughts”