Motivated And Competent pride ourselves on being pragmatic, purposeful (no-nonsense and having fun with a serious intent) and really focused on raising people’s performance. This involves changing people’s performance mix; their ‘why’, ‘what’ and ‘how’. So here are some quick, simple tips to implement performance boosting ideas. They’re all proven ideas which lead to action […]
Use the endowment effect to make learning stick
19/09/2014 by
What is the endowment effect and how can we use it to make learning stick? The endowment effect explains the fact that people attach more value to things merely because they own them. The ‘endowment effect’ was identified by Richard Thaler in 1980. The endowment effect has been tested by verifying that people tend to pay more to keep ownership […]