Archive for the ‘Decision Making’ Tag

Are You Trapped in The Present?   2 comments

leyendecker_4501Out with the Old, and In with the New! Happy Leyendecker New Year

As we venture into the New Year, there is a good chance that we will face many challenging choices, and if you are like me, you want the choices you select to have effective results – you want them to lead to success.  Each Monday morning, I receive the Monday Morning Memo from Roy Williams.  As he often does, Roy share bits of advice that makes us stop and think, even if the information is not new.  This morning was no exception, which he titled The Secret of Success. He relates a study conducted by Walter Mischel, a scientist at Stanford University 40 years ago, where 4-year old children were led into a room with a see-through mirror, one at a time.  Each child was given a marshmallow and told, “You can eat the marshmallow right now if you want. But if you wait until I come back to eat your marshmallow, I’ll give you a second marshmallow to go with it.” The child was then left alone in the room.

The study results showed that:
One-third of the children ate the marshmallow immediately.
One third held out for a short time, then ate the marshmallow.
One third waited for 15 to 20 minutes until the giver of marshmallows returned with the promised second marshmallow.

Fourteen years later, at the age of eighteen, each of the original 216 children was located. Those who didn’t eat the marshmallow scored an average of 210 points higher on the SAT (610 verbal and 652 math versus 524 verbal and 528 math.)

At age 40, the group that didn’t eat their marshmallows had more successful marriages, higher incomes, greater career satisfaction, and better health than the marshmallow eaters.

The 4-year-old who eats the marshmallow is oriented toward the present.
The 4-year-old who waits is oriented toward the future.

Roy’s message is that “…we can learn big things from small indicators,” ending my reminding us that six years ago, he sent a Monday Morning Memo that linked our ability to accumulate wealth to our orientation toward the future. Click here to read the memo.

2009 is going to be a year of upheaval.
Will you be oriented toward the future?
Or are you trapped in the present? —
Roy Williams

— kenne

Posted January 5, 2009 by kenneturner in Information, Life

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Getting The Big Picture   Leave a comment

For years I have use the phrase, “Get the big picture.”  I do so because it best conveys my attitude and my advice in order to be best positioned to perceive life and make decisions.  So, in this time of “Just Google It!” I did.  As with any search, there were thousands of hits, but standing out among them were two new finds:

http://www.boston.com/bigpicture/

and a site powered by WordPress, The Big Picture, by Barry Ritholtz

http://www.ritholtz.com/blog/

Both are excellent sites with quality written and visual information that can become important parts of your “big picture”.  In this age of digital media, they are among the best.

Today, Barry Ritholtz posted this Mark Fiore animated cartoon, “Clip On”:
the-clapperkenne

Posted December 10, 2008 by kenneturner in Information, Life

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