56 min listen
59- Hidden costs behind every decision
Fromd.MBA
ratings:
Length:
12 minutes
Released:
Sep 1, 2021
Format:
Podcast episode
Description
The opportunity costs are a super important concept for our decision-making process. They describe potential benefits that we miss out on because we decided to do something else. For example, focusing the company’s resources on rebranding instead of product development. In this episode, we will cover: how opportunity costs affect decisions taken within companies, what are sunk costs and how to avoid sunk cost trap, and how we can present design solutions better to get more buy-in from senior stakeholders.
Released:
Sep 1, 2021
Format:
Podcast episode
Titles in the series (100)
3- Joel Califa @GitHub: Business, yes. But users first.: Joel Califa is a senior product designer at GitHub. He recently wrote a very interesting and popular blog post Subverted Design, which describes what happens if designers forget that their first responsibility is still the user. You can read the... by d.MBA