9 Quotes by Gyan Nagpal about economics
- Author Gyan Nagpal
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Our obsession with scarcity makes us take for granted the very things that our survival depends on—air, water, climate, food, safety or even relationships. It’s only when something critically important becomes scarce and hence expensive that the human mind begins to acknowledge its value.
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- Author Gyan Nagpal
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Your talent is any capability which creates economic value for an organization’s customer or shareholder.
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when the case for reorganization isn’t appreciable and well-accepted, the psychological cost paid by the continuing many, could easily dwarf the economic costs saved through the departing few
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A micro-task is best described as a task which is simple, repetitive or highly algorithmic in nature. Each executed task lasts between a few minutes to a few hours, and this short life-cycle ensures that a task can be contracted, completed and paid for expeditiously, often within the transaction window itself
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acknowledging the relative and emotive nature of ‘worth’, a fair wage is nothing but an economic and emotional threshold at which an individual no longer worries about immediate financial security. It is the point at which the focus shifts from the pay, to the work itself
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The employment equation used to be built on a foundation of two-way loyalty. The world has changed. Today, successful employment relationships can only be sustained on a foundation of two-way honesty
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Careers increasingly come with a reboot button, and companies that realize this early possess a competitive talent advantage
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- Author Gyan Nagpal
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best practices are useful reference points, but they must come with a warning label : The more you rely on external intelligence, the less you will value an internal idea. And this is the age of the idea
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- Author Gyan Nagpal
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Talent, just like gold or any other precious commodity is subject to the same demand & supply economics
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