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The McNamara fallacy is often considered in the context of the Vietnam War, in which enemy body counts were taken to be a precise and objective measure of success. War was reduced to a mathematical model: By increasing estimated enemy deaths and minimizing one's own, victory was assured.
A 1982 study conducted by McClellan and coauthors found that high need for achievement (N-Ach) was linked to success in lower-level management roles, in which promotions were influenced by individual contributions. At higher management levels where promotions were based on demonstrated leadership ability, high N-Ach was not associated with success.
Similarly, the degree of success or failure in a situation may be differently viewed by distinct observers or participants, such that a situation that one considers to be a success, another might consider to be a failure, a qualified success or a neutral situation. For example, a film that is a commercial failure or even a box-office bomb can ...
How to measure your success. ... Life’s basic necessities and interests, according to Buffett, aren’t much different for those with modest means and those with immense wealth. ... For example ...
Often success is simply the repeated, periodic achievement of some levels of operational goal (e.g. zero defects, 10/10 customer satisfaction), and sometimes success is defined in terms of making progress toward strategic goals. [4] Accordingly, choosing the right KPIs relies upon a good understanding of what is important to the organization. [5]
The economics of happiness or happiness economics is the theoretical, qualitative and quantitative study of happiness and quality of life, including positive and negative affects, well-being, [1] life satisfaction and related concepts – typically tying economics more closely than usual with other social sciences, like sociology and psychology, as well as physical health.
Success in any field requires forgoing excuses and justifications for poor performance or lack of adequate planning; in short, success requires emotional maturity. The measure of belief that people have in their ability to achieve a personal goal also affects that achievement. Long-term achievements rely on short-term achievements.
The improvement of mental disorders may have an effect on multiple domains of an individual's life which could be captured only through a comprehensive measurement. For example, the treatment of a phobia may reduce fear (mental health index), which could lead to the improvement of social relations (social relations index) and, in turn ...