Loss Aversion – 3rd Post

2019-01-28T18:48:11+00:00January 28th, 2019|

Although a fascinating piece of knowledge about human behavior, what does the concept of loss aversion have to do with the workplace? As leaders, knowing that losses have a tremendous psychological impact can cloud judgement when it comes to truly evaluating employee performance. We have a tendency to double down with those we’ve invested time [...]