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To be at work on time is an implied obligation unless stated otherwise. It is a legal reason for discharge in cases when it is a demonstrable disregard of duty: repeated tardiness without compelling reasons, tardiness associated with other misconduct, and single inexcusable tardiness resulted in grave loss of employer's interests. [2]
Starting on a solution before the underlying problem [that requires the change] is fully understood; Failure to spend time on systematically analyzing the people and styles that are involved; Jumping to a solution to the problem(s) Failure to validate the proposed solutions; Failure to plan for certainty; Failure to communicate what is ...
Brooks's law is an observation about software project management that "Adding manpower to a late software project makes it later." [1] [2] It was coined by Fred Brooks in his 1975 book The Mythical Man-Month. According to Brooks, under certain conditions, an incremental person when added to a project makes it take more, not less time.
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Five whys (or 5 whys) is an iterative interrogative technique used to explore the cause-and-effect relationships underlying a particular problem. [1] The primary goal of the technique is to determine the root cause of a defect or problem by repeating the question "why?" five times, each time directing the current "why" to the answer of the ...
Investing $31,000 in a 401(k) from age 50 to age 67 would net you over $1.2 million -- and since these contribution limits go up each year and you'd be eligible for the larger catch-up limits from ...
The second type of first-mover benefit is the ability to control resources necessary for the business that are of a higher quality than resources later entrants will be able to use. An example would be the advantage of being the first company to open a new type of restaurant in town and being able to obtain a prime location.