Archive for the ‘Reading’ Category

The Woes of a Maximizer

October 18, 2006

I have been reading The Paradox of Choice lately, among other things. The author contrasts two types of people, “satisfiers” and “maximizers.” The maximizer description fit me very well (not surprisingly). Unfortunately the author makes a pretty good case why this is a bad way to be. One behaviorism of a maximizer is to labor over and prolong decisions, such as purchases, because you must consider ALL options/information. Then, once the decision is made, you are bummed when you look for and find new information that would have lead to another decision. Though I agree with the author that this extreme should be avoided, I have a hard time buying into his extreme “satisficing.”


Talent is scarce

October 16, 2006

I was reading last week’s Economist today. There is a special feature on “the search for talent.” The articles touched on a lot of related issues, but the main idea was that increasingly new jobs require truly talented people and that there is a real shortage of such people. These people often have little loyalty to their employer, so even once an employer finds such a person, it is a continual challenge to make sure that talent is not lured away by another company. I felt that related to my experience. One article has a quote from Bill Gates saying that “if it weren’t for 20 key people, Microsoft wouldn’t be the company it is today.” Better yet a vice-president of Google says a top-notch engineer is worth “300 times more or more than the average.” Wow!