Threshold. A boundary value at which a physical phenomenon begins to change. This world is constantly evolving. It doesn’t stop at change but also significantly influences other elements and the surrounding environment. Just like the slightest movement of an Amazon butterfly can trigger a storm across the Pacific Ocean. We live in a world where even small changes can have major impacts and outcomes. Recognizing the threshold before a shift occurs can help us prepare for hardships and alert us to danger. These thresholds exist in various fields that make up our world. It’s just that we often don’t know or suspect them. Surviving in this era is an achievement. - 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”