Excerpts and comments based on the book "DECISION TIME! Better Decisions for a Better Life" by Richard Davidson. New applications of decision-making techniques and discussions of major and minor decisions we all face. Occasional random deviations into topics of transient or developing interest for the author. Decision humor and humorous decisions are also featured. Visit http://davidsonbookshelf.com for more information.
Tuesday, March 12, 2013
This Above All, to Thine Own Self Be True...
Thursday, May 10, 2012
Obama's Gay Marriage Announcement
Monday, May 7, 2012
Enough! I Need a Change!
Eliminate a commitment that is:
- Not satisfying to you, even if you accomplish it.
- Too demanding, because you could do several alternate things for less effort and/or time commitment and with a higher total reward.
- Not rewarding, in terms of either immediate compensation (may or may not be monetary) or in terms of long-term payoff through the opening-up of new opportunities.
- Goal-less. Some tasks are done, in juggling terms, for the sake of keeping the balls in the air. You don't want to keep running on the treadmill in order to stay in the same place.
Saturday, August 27, 2011
The Abuse of Power
Monday, August 2, 2010
Chicago Blackhawks Decline Arbitration Award for Antti Niemi
The Stanley Cup winners, the Chicago Blackhawks, have demonstrated that common sense is trumped by financial considerations in today's sports world. Capital availability, budgets, salary caps and shareholder pressures are more important than trying to turn a once-in-fifty-years championship into a sports dynasty. This is obviously a very conservative approach to sports management. The Blackhawks are thankful that they won this year, but they are assuming that they are not likely to repeat, so they are being fiscally conservative and hoping for the best.
The salary cap restriction made them release or trade a bunch of players who were central to their phenomenal season, but given the fact that they had already conceded that they could stay under the salary cap with Niemi's arbitration award, their action baffles me. In playoff hockey, a reliable goalie is essential. The Blackhawks are disregarding the adage that a bird in the hand is worth two in the bush. Not only that, but they are turning their backs on a young goalie with many years of future playing potential in favor of a good but older goalie who would be only a temporary solution.
The other Blackhawks news item that throws me is their statement that they lost money this year. They had bigger crowds than ever; they had TV revenues that they didn't have in the past; they had all of the souvenir sales and other benefits of a championship; and they lost money. Next year they will have higher salaries and a low probability of repeating as champions. Will they make more money than this year? I doubt it, but good luck to them.
