The 5 laws of decline detailed by Orrin Woodward & Oliver DeMille continues with law #4. Previously we have seen how 90% of everything is crud, leaving a good possibility of bad people being in the wrong positions of leadership. We have also seen how people will always do the least amount of work possible for the most gains, including outright theft if there were no repercussions. The last law we looked at showed that if bad behaviors get rewarded, there will be more of it, and it will drive out the good.
The first 3 laws from ‘Resolved‘ and ‘LeaderShift‘ all tie together in how one law set in motion leads to another and makes it even worse. The 4th and 5th laws are a little bit different, but still connected in their own way
The Law of Diminishing Returns
I believe most of us know what this one represents, as it’s a basic law of economics and business taught to us in high school. For those of you who weren’t taught, or who may have forgotten, let’s review.
The principle is that when you add more of one good, or one action to a process, each addition unit being added produces less of an output than the previous unit did. As the return on each additional unit decreases, there will come a point where more units will not add any more output, and in fact will start reducing the total output. (more…)
Leadership to Freedom 