“Several years ago, Hyundai made no secret that it hoped to become the world’s largest auto maker some day. Mr. Yang says that thinking has changed. GM and Toyota became the world’s largest and then stumbled, he noted, adding that making 10 million cars a year would require running 50 factories—more, in his view, than a company can run effectively. “Should there be a certain range, maybe 6 million or 7 million, that is best?” Mr. Yang said. “We don’t know what size is optimum. But bigger, bigger, biggest is always good? We don’t think so.”
“In the early 1960s, the psychologist Sam Glucksberg demonstrated that the same effect could also inhibit creativity. He gave subjects a standard test of creativity known as the Duncker candle problem. The “high drive” group was told that the person solving the task in the shortest amount of time would receive $20. The “low drive” group, in contrast, was reassured that their speed didn’t matter. Here’s where the results get weird: The subjects with an incentive to think quickly took, on average, more than three minutes longer to find the answer. Experiments like this have led Ms. Beilock to conclude that people should be skeptical of evaluations based on a single high-stakes performance.”
“coopetition,” a mix of cooperation and competition”
What you can learn from Queen Yuna:
- Go beyond your rivals
- Find special skills and hone them
What about nerves of steel? This is hilarious.
