Game theory at work: When to talk and when to shut up (2024)
14 days ago
- #workplace communication
- #game theory
- #strategic decision-making
- Game theory is the study of strategic decision-making, analyzing outcomes based on different actions.
- Real-world example: Ukraine-Russia conflict with NATO involvement demonstrates complex strategic interactions.
- Workplace communication is a game with stakes like reputation, relationships, and job security.
- Avoid discussing politics at work due to high risk of damage with minimal gain.
- Speaking up about project flaws can lead to moderate gains if correct, but staying silent risks larger losses.
- Avoid workplace gossip to maintain trust and professional reputation.
- Every interaction builds your long-term reputation, influencing career trajectory.
- Practical tips: pause before speaking, consider long-term impacts, observe respected colleagues, practice strategic silence, and make words count.