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Game TheoryAuthor: Game Theory
Speakeasy conversation about strategy, competition, economics, history, and policy from two non-experts. The episodes include some actual economic Game Theory such as the Prisoner's Dilemma, the Traveler's Dilemma, and the Public Good game. Episodes also include conversations on dilemmas in TV/Movies, sports, and board/card games, as well as the history of military, intelligence (spies), politics, and economics. The objective is simply to think critically about how people make strategic choices regarding the world around them and most importantly, about the people around them. Language: en Genres: Science, Social Sciences Contact email: Get it Feed URL: Get it iTunes ID: Get it |
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119. Is Being Too Efficient At Your Job Bad? And How to Have Health Work Habits
Episode 119
Wednesday, 11 September, 2024
Summary In this episode, Nick and Chris discuss the efficiency paradox, where being good at your job can actually hinder your chances of getting promoted. They share examples from various industries, including eye surgery and software engineering, where employees who excel at their work are often rewarded with more work instead of promotions or recognition. They emphasize the importance of not making yourself irreplaceable and creating a single point of failure. The episode also touches on the concept of setting expectations and managing perceptions to advance in your career. In this conversation, Nick and Chris discuss the importance of finding the right balance between maximum effort and minimal effort in the workplace. They explore the concept of the 85% rule, which suggests that putting in 85% effort consistently can lead to better results and prevent burnout. They also touch on the significance of soft skills and building a good relationship with your boss. The conversation concludes with a discussion on the value of preparation and how it can impact performance in various fields, such as blind wine tasting and chess. Chapters: 00:00 Introduction and Breaking News 03:02 The Efficiency Paradox: Being Good at Your Job vs. Getting Promoted 09:57 The Chase Money Glitch and Other Examples 13:59 Office Space and The Office: Depicting Workplace Realities 19:07 The Importance of Setting Expectations and Managing Perceptions 23:02 Avoiding the Single Point of Failure and Advancing in Your Career 26:12 Recommendations for Getting Promoted 26:49 Introduction: From Wine to Hawaiian and Viticulture 27:36 Promotion and Replacing Employees 28:13 The Benefits of Working for a Large Corporation 29:23 The Greatest Walmart and Subway Stories 31:23 The Importance of Bosses and Recognition 32:22 The 85% Rule: Finding the Balance in Workplace Effort 36:19 Soft Skills and Building Relationships with Your Boss 38:22 The Value of Preparation in Performance 43:41 Achieving Success with 85% Effort 53:53 Conclusion: Episode Titles and Arrays
