“You get what you reward for … if you have a dumb incentive system, you get dumb outcomes." - Charlie Munger. This Mungerism sets the stage for the underappreciated power of incentives. In today’s post, you and I will learn from Munger on how to use incentives to drive exceptional results.
🌎 Incentives Rule The World
🌎 Incentives Rule The World
🌎 Incentives Rule The World
“You get what you reward for … if you have a dumb incentive system, you get dumb outcomes." - Charlie Munger. This Mungerism sets the stage for the underappreciated power of incentives. In today’s post, you and I will learn from Munger on how to use incentives to drive exceptional results.