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  • The Cost of Missed Opportunities The Cost of Missed Opportunities

    The Cost of Missed Opportunities

The Cost of Missed Opportunities

I recently heard an economist identify “opportunity costs” as “the most useful idea in economics”.   That comment sparked this Business Lesson Found.

According to Investopedia “opportunity costs represent the benefits an individual, investor or business misses out on when choosing one alternative over another.” (more…)

  • Do your employees act like spoiled NFL players? Do your employees act like spoiled NFL players?

    Do your employees act like spoiled NFL players?

Do your employees act like spoiled NFL players?

It’s only week 5 of the football season and already the NFL offers an abundance of Lessons Found for owners. But let’s limit our focus to employee relations.

As of this writing, Jalen Ramsey is still on the Jacksonville Jaguars’ roster. If you’ve followed recent events, you’ll understand the need for the word “still” in the previous sentence. It began two weeks ago when Ramsey and head coach Doug Marrone, openly argued during a game. The next day, Ramsey asked to be traded. Should the Jaguars acquiesce? Ramsey’s “employment” history provides perspective. (more…)