Quit: the power of knowing when to walk away
Annie Duke
- Resource Type:
- E-Book
- Publication:
- New York : Portfolio/Penguin, [2022]
More Details
- Summary:
- "From the bestselling author of Thinking in Bets comes a toolkit for mastering the skill of quitting to achieve greater success Business leaders, with millions of dollars down the drain, struggle to abandon a new app or product that just isn't working. Governments, caught in a hopeless conflict, believe that the next tactic will finally be the one that wins the war. And in our own lives, we persist in relationships or careers that no longer serve us. Why? According to Annie Duke, in the face of tough decisions, we're terrible quitters. And that is significantly holding us back. In Quit, Duke teaches you how to get good at quitting. Drawing on stories from elite athletes like Mount Everest climbers, founders of leading companies like Stewart Butterfield, the CEO of Slack, and top entertainers like Dave Chappelle, Duke explains why quitting is integral to success, as well as strategies for determining when to hold em, and when to fold em, that will save you time, energy, and money. You'll learn: How the paradox of quitting influences decision making: If you quit on time, you will feel you quit early What forces work against good quitting behavior, such as escalation commitment, desire for certainty, and status quo bias How to think in expected value in order to make better decisions, as well as other best practices, such as increasing flexibility in goal-setting, establishing "quitting contracts," anticipating optionality, and conducting premortems and backcasts Whether you're facing a make-or-break business decision or life-altering personal choice, mastering the skill of quitting will help you make the best next move"-- [Provided by publisher]
- Table of Contents:
- Machine generated contents note: SECTION I Case for Quitting
- ch. 1 Opposite of a Great Virtue Is Also a Great Virtue
- Invisible Men at the Top of the World
- Quitting Is a Decision-Making Tool
- Siren Song of Certainty
- Super Bowl Is a Corporate Graveyard
- "Know When to Hold 'Em, Know When to Fold Em": But Mostly, Fold 'Em
- ch. 2 Quitting On Time Usually Feels Like Quitting Too Early
- Quit While You Still Have a Choice
- Thinking in Expected Value
- Quitting Decisions Are Expected-Value Decisions
- Time Travelersfrom the Past
- Flipping Coins
- Jumping the Shark
- Quitting Bind
- ch. 3 Should I Stay, or Should I Go?
- Paper Gains and Paper Losses
- Quit While You're Ahead?
- Take the Money and Run
- How Smart Is the Smart Money?
- Getting Feedback on the Things You Don't Do
- Interlude I Quitting when the World is Watching
- SECTION II In the Losses
- ch. 4 Escalating Commitment
- Knee-Deep in the Big Muddy
- Waiting until It Hurts
- ch. 5 Sunk Cost and the Fear of Waste
- Sunk Cost Effect
- When "Public Works" Is an Oxymoron
- Katamari
- How Big Does the Katamari Grow?
- Mental Accounting
- Hardest Cost to Bear
- Difference between Knowing and Doing
- You Can't Jedi Mind Trick Being Fresh to a Decision
- ch. 6 Monkeys and Pedestals
- Getting the Monkey Off Your Back
- Kill Criteria
- Funnel Vision
- States and Dates
- Better, Not Perfect
- Interlude II Gold or Nothing
- SECTION III Identity and Other Impediments
- ch. 7 You Own What You've Bought and What You've Thought: Endowment and Status Quo Bias
- Oenophile among Economists
- Also, If You've Known It, You Own It
- Endowment Effect
- Pro Sports Teams and Their Escalating Commitment to High Draft Picks
- Status Quo Is Hard to Quit
- Better the Devil You Know
- Price of Sticking
- ch. 8 Hardest Thing to Quit Is Who You Are: Identity and Dissonance
- Cult of Identity
- Cognitive Dissonance
- Mirror and the Window
- Out on a Limb
- Mistaken Identity
- Ray of Hope
- ch. 9 Find Someone Who Loves You but Doesn't Care about Hurt Feelings
- (Over) Optimism
- Difference between Being Nice and Being Kind
- Some Coaches Can Pull the Plug
- Divide and Conquer
- Importance of Giving and Getting Permission
- Interlude III The Ants go Marching...Mostly
- SECTION IV Opportunity Cost
- ch. 10 Lessons from Forced Quitting
- In the Meantime
- What Ants Can Teach Us about Backup Plans
- Notes from the London Underground
- Just One Day
- Diversifying Your Opportunities
- Great Resignation
- ch. 11 Myopia of Goals
- Problem with Pass-Fail
- Fixed Objects in a Changing World
- Every Goal Needs At Least One Unless
- Marking Progress along the Way
- Goal-Induced Myopia
- Quit Thinking about Waste.
- Author/Creator:
- Duke, Annie, 1965- , author
- Languages:
- English
- Language Notes:
- Item content: English
- Other Related Resources:
- Print version: Quit [by Duke, A.] (New York : Portfolio/Penguin, [2022] — ISBN 9780593422991; LCCN 2022018987)
- General Notes:
- Place of publication from publisher's website.
Includes bibliographical references and index.
Description based on online resource; title from digital title page (viewed on October 13, 2022). - Physical Description:
- 1 online resource
- Call Numbers:
- BF575.F14 D85 2022eb
- ISBNs:
- 9780593423004 (electronic book)
0593423003 (electronic book)
9780593422991 (hardcover) [Invalid] - Library of Congress Control Numbers:
- 2022018988
- OCLC Numbers:
- 1337943352
- Other Control Numbers:
- 3135882 (source: EbpS)
[Unknown Type]: ybp303122536