Hysteresis in hiring

Some useful nuggets, for practical reasons and theory (micro and micro-foundations of macro), too.
Avoiding the Soft ‘Yes'”

In particular, this. “Executives often hesitate to hire additional staff (‘What happens if this doesn’t work — then what do we do?’ they say). They’re equally reluctant to ask their best performers to shift from what are perceived to be critical tasks related to running the core business to risky innovation efforts. They’re more comfortable asking busy people to add another item to their to-do list.”

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