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how to make hard decisions around scarcity in our every everyday life or thw work place?

how to make hard decisions around scarcity in our every everyday life or thw work place?

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Answer #1

how to make hard decisions around scarcity in our every everyday life or thw work place?

  • Scarcity often interrupts our thinking
  • Scarcity often draws our attention towards the urgent matters
  • Scarcity demands constant trade-off decisions and distorts our view of the future
  • Hence a person has to be extremely focusses in a situation of scarcity
  • Person can focus on his life goals to make hard decisions, which will motivate him in a situation of scarcity
  • In the workplace, he can focus on company goals, his prospected promotions, which will motivate him in a situation of scarcity
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