Using the Sunk Costs Concept to Manage Performance

RJ Morris Business Development, Driving Productivity, Employee Coaching, HR, Retention, RJ Morris, Talent Strategy

Want a little insight into the educational background of your FOT contributor today? I started off as a business major at a state school, took Accounting 101, flunked it, and became an English major. I have a Masters in Irish Literature and work in Human Resources, and today we are going to talk about economics and Sunk Costs.  Seriously. Sunk …

How To Speak CFO: A Primer For HR

William Tincup 60-Second SPHR, Audacious Ideas, Bad HR, Trench HR, William Tincup

So here’s the thing: CFOs don’t actually hate HR professionals—they just don’t understand them. As a resource to you, the faithful Fistful of Talent reader, I’ve created a guide for the funny terms CFOs use. Take this moment to learn how they speak when you’re not around. Acid Test:  A stern measure of a company’s ability to pay its short-term debts, …