Sunk costs, creativity and your Practice
by Parker · 7 things on Twos
- https://p.feedblitz.com/r3.asp?l=178413975&f=1081591&c=7691303&u=55703776
- “Ignore sunk costs” is the critical lesson of useful decision making
- We hold on to the old competencies and our hard-earned status roles far longer than we should
- The only way to be creative is to do something new, and the path to something new requires leaving something else behind
- New decisions based on new information are at the heart of leadership. You can’t make those decisions if you’re also busy calculating how much the old decisions cost you
- Creativity is the generous act of solving an interesting problem on behalf of someone else
- A creative practice is a commitment to the problems in front of us and the people who will benefit from a useful solution to them