MGMT 1000 Lecture Notes - Tit For Tat

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24 May 2012
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Trust is very hard to acquire but very easy to lose. Be generous with credit where credit is due. 7. 2 understanding ripple effects of words and actions. As a manager, much of what you do is observed and criticized. There are many consequences to this, such as unintended side effects. Understand everything you say and do gets amplified and judged. Things you don"t say or do also get amplified. Think about likely impacts and try to anticipate negative consequences. Find reliable sounding boards who can give you feedback. Buy time in difficult or sensitive situations. In zero-sum games, one player"s win represents the loss of his opponents. However, many believe life is not a zero-sum game and it is impossible to achieve. In life, interest if people partly coincide and partly conflict and they must be willing to cooperate and trust each other and share the rewards.

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