ROI v. ROE
Tuesday Mar. 5, 2019
Measuring value and worth in life or in business can gets tricky.
Differences between tangible value and intrinsic value becomes so important – whether involving something which lasts as long as fireworks or as an ice cream cone – short term pleasure becomes long term value of pleasant memory. But in terms of ROI (return on investment), that’s a poor strategy.
But most business cases won’t include fireworks or ice-cream cones, but most full lives of adults and especially children would be sad sorry stories if they hadn’t seen a fireworks show or eaten great ice-cream on a hot summer day.
The business case, for most organizations – and many startups, and the workouts too – leave little room for joy and play. A big part of appreciating ROI is your ROE (remembering of excitement).
Don’t leave home without it.
Reader feedback:
NO STRESS TEST
Hi Mark. Let’s start with, “We’re all human and perfection is pretty hard to achieve.” That said, it begins with awareness of our thoughts and how we choose to react. I recently read Change Your Questions, Change Your Life by Marilee Adams. She presents two paths that our thoughts and questions can take—learner or judger. The judger path leads to a dead end pit. In contrast, when learning, the world is full of possibilities. Interestingly—this applies to interactions we carry on in our own minds as well as with others. Tough days test our skills. How well can we manage our thoughts? Practice helps. :) Hope you are well!, GB, Waukesha, WI
