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Showing posts with the label stagnation

Just my thoughts #0820

Fact Check: Humans cannot honestly know the future. It only partially predicts the future within limited scenarios and conditions. The weather forecast is an example. When you look back at the past from the present, you can understand the situation relatively accurately, but you did not fully grasp what the event was like at that time. Later, we only justify the past. One instance of preparing for a probabilistically unstable future is to consider the statistic that lowering the speed limit on highways can reduce the accident rate. However, the most reliable prediction method is to assume the future is unknown and to act only after confirming the current situation. Fact-checking is crucial in business management and investing. Avoid hasty forecasts; instead, wait until you have verified the information before acting. - Joseph’s “just my thoughts”

Just my thoughts #0048

Companies that experience growth stagnation have a loss of customer-centricity. Customer-centricity doesn't mean giving in to every customer request. Still, it does mean putting the customer's perspective, rather than the company's leaders or organization, first when making important business decisions. - Joseph’s “just my thoughts”