What is your enterprise’s tipping point when throwing a celebration? What is required for your organization to commit to assessments? What is the ratio of evaluations versus celebrations? Are celebrations as rare as leap years, or does your cause set a realistic cadence to balance milestones and pitfalls?
As we approach the last few weeks of 2024, reflection becomes a theme. We look at our data, our accomplishments, highlights, and lessons learned. Embedding a culture of curiosity is a hallmark of a healthy community. Dissecting the data is a balance of art and science. If we are running the 100-meter track event, finding a tenth of a second saving might require days of analytics. However, if we are thru-hiking for a few thousand miles, we are afforded more opportunities to trial different techniques and equipment to assess what works best.
How do you review your work? Is there a best time or mindset? What have been your best learnings?
When do you take a profit from an appreciated investment, and when do you hold your with a growth strategy. Reading some cryptocurrency forums, there is a robust debate between those who have sold their holdings and those who see a much more enriched future. Several people were underwater a year ago as their purchase price was higher than the crypto currencies’ current value. Many stated they would cash out immediately if they could return to par. Many who held their positions are on the profitable side of the ledger, their mindset revised to maximize returns.
How do we balance real-time evaluation with long-term objectives? When we encounter an open lane of travel and make remarkable progress, it is easy to forget that traffic jams and significant barriers can manifest almost spontaneously. The obstacles may significantly alter our estimated time of arrival. What is your strategy for taking profits and when do you hold in hopes of a long-term appreciation in value?
What-if-concepts 