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Why Your Brilliant Success Could Lead to the Closure Of Your Project
The Hidden Costs of Success: How High Expectations and External Pressures Can Undermine Your Business
If you’ve seen the series “The Bear,” about a small restaurant whose owner and team fight to win the prestigious Michelin star, and you’ve made it to the final episode of the third season, you’ll understand what I mean by the title above.
If you haven’t watched it yet, I recommend it; don’t be mislead by its description as a comedy; this is a series that awakens the traumas of family life and varied work environments within you, teaching you the importance of confronting and dealing with them. It also shows you that striving for ideal creative production every day can cost you more than you realize.
According to new study released in the article “The Curse of the Michelin Star” in The Economist, 40% of New York restaurants that obtained a Michelin star between 2005 and 2014 were permanently shuttered by 2019. The goal of Daniel B. Sands’ research at London Business School was not to study restaurants in particular, but to use them as a case study to investigate the impact of third-party evaluations, critical reviews, and high ratings on an organization’s creative process, and to what extent they stimulate or…
