Saturday, June 11, 2016

What Is (__________) Worth?

A few weeks ago I introduced a decision-making model that focuses on Motivation, Options, Risk/Reward and Recovery (MORR).
I think it works better than a list of Pros and Cons or the old Franklin T. Life’s choices are rarely “either or”. And if you do not clearly understand you own motivations, you’ll tend to overlook options, underestimate risks and overestimate rewards. Then there is the whole concept of Recovery. What does it take to recover if things don’t work out? If you are honest with yourself and go through this process of evaluating choices, I’m convinced you’ll make better ones. I’ve learned the hard way. Believe me.

But there has to be something else at work here. Values. Your motivation, the options you are willing to consider, the calculation of risk and rewards and what you might be willing to do in order to recover from a poor choice….all of these are dependent upon your values. Your values determine “what’s worth it”. The most undecided candidates are always those who are struggling to balance conflicting values. The specific issues and questions vary, but they all really go back to one big question: How much value do you put on money and career? And it gets complicated because what you do about “money and career” has a major impact on everything else you value. Some of those impacts are positive and some are negative.

I think it’s worth noting that younger candidates seem to be asking “the big question” a lot more often these days. And this has major implications for employers. Work-life balance is a huge issue for Millennials. What sort of work they do, where they do it, who they do it for and how much time they spend doing it are equally if not more important than money or career. Most Millennials are not willing to just do whatever it takes for money, career advancement or even plain old job security. Over time they will be forced to adjust their work-life balance expectations to the realities of the marketplace. But, make no mistake, the marketplace is being forced to adjust its work-life balance reality to meet some of those expectations.

Are there still companies out there that demand everything from their employees? And are there still people out there willing to sign up for that. Of course. One of the most successful, Amazon, is known for being a grinder and they seem to be finding enough willing “grind-ees” to keep their amazing enterprise thriving. But there is a shift in attitudes toward work. More people are asking the big question….”What is __________ worth?” You have to fill in the blank and you have to decide. Those decisions will be driven by your values. And I mean your real values. Not what you tell your family and friends. Not what you want to believe about yourself. Your true values will be revealed by the choices you make. And those choices may be wrong, but they always tell the truth about what __________ is worth to you.

“Your beliefs become your thoughts,
Your thoughts become your words,
Your words become your actions,
Your actions become your habits,
Your habits become your values,
Your values become your destiny.”
― Mahatma Gandhi

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