If you have ever worked at a major corporation, you certainly have dealt with an expense policy for the company. Expense policies are typically designed to protect the firm from financial risk. The firm decides what risk they are willing to tolerate and applies boundary conditions for how company money can be spent.
I have started to take an interest in systems thinking and I have heard the following quote (or something like it) repeated many times.
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Recently as a family, we each set a goal to do something hard. My son, who at the time of this writing is 6 years old, decided he wanted to do a hard hike. The hike we chose together was a little over one mile (one way) with an elevation gain of over 1,000 feet. That type of elevation gain in such a short distance is difficult for an adult – and my boy was a champ.
About half way up the mountain he said something that caught me by surprise.
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I teach and invite people to act. Proud husband, father and amateur pizzaiolo