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Inspirations

#Inspirations

For the Sake of the Planet! See the Best WWF Creations [GALLERY]

1 September 2020

Principle of the day

Minimum viable product

Test the most important assumption first with the smallest solution that can produce credible user data.

Eric RiesAmerican entrepreneur and author of the Lean Startup conceptSource: The Lean Startup Principles

Quote of the dayconsumer choice

The more options there are, the easier it is to regret anything at all that is disappointing about the option that you chose.

Barry SchwartzAmerican psychologist and author of “The Paradox of Choice.”Source: The paradox of choice

Quote of the daymobilizing leadership

Leadership is hard to define and good leadership even harder. But if you can get people to follow you to the ends of the earth, you are a great leader.

Indra NooyiIndian business executive and former CEO and chair of PepsiCoAttributedView profile: PepsiCo

Principle of the day

Anchoring effect

The first salient number can influence later judgments; reference prices must be truthful and communicated fairly.

Daniel Kahneman and Amos TverskyPsychologists whose work on heuristics influenced behavioral economicsSource: Anchoring

Quote of the daywork

Genius is one percent inspiration and ninety-nine percent perspiration.

Thomas EdisonAmerican inventor and businessmanAttributed

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