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Successful People Know When and What — to Give up and Move Forward

Successful People Know When and What — to Give up and Move Forward

“Never give up,” is a common piece of advice that we’re given when we’re facing difficulties. People think giving up is not an option, as we often hear about successful people who plow through obstacles to achieve greatness.

The truth is, successful people give up a lot. They turn knowing when to quit into an art form. Yes, there will be times on your journey when you’ll need to soldier on in spite of difficult odds, but sometimes you have to close one door in order to open another.

    Photo credit: Source

    Steve Jobs gave up a lot of production lines and made 3000 people lose their jobs

    In 1997, Apple was facing strong competition from Microsoft. As Apple’s CEO, Steve Jobs was responsible for spearheading many of the changes that led to the company’s success. Many of the modifications that Jobs made involved axing old initiatives to trim the fat.

    Macintosh was producing hardware, desktops, and servers when Jobs intervened. All of these product lines were cut in order to allow the company to focus on four main products.[1]

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    Looking back, we recognize that Jobs made the right decision. Hindsight is funny that way–we see the value in him making such deep cuts to Macintosh’s initiatives because we know how successful the company became.

    I’m willing to bet that at the time people were fairly disgruntled by these changes. Over 3,000 people lost their jobs and 70% of Apple’s products were discontinued. This might have looked like grounds for disaster because he was giving up so much.

    When we cut things from our lives or businesses, it feels like we’re losing. There’s this shame around giving up on something you’ve worked for. But giving up doesn’t mean that you lack perseverance. Nobody wants to be considered a quitter, just sometimes you have to make cuts in order to realize a broader vision.

    3 things successful people give up

    Sometimes persistence will yield better results than quitting, but you’ll have to weigh your options. There are a few things that you can give up right away to pave the way for a more successful future.

    Things that worked in the past but are no longer viable

    We live in a fast-paced world, and what worked yesterday may not work tomorrow. Whether you’re running a business or managing your life, staying up to speed on what’s happening in the world is essential. Being able to anticipate change can give you a chance to alter your course while incurring less cost.

    Abandoning things that no longer serve you can be challenging. It’s easy to fall prey to the Sunk Cost Fallacy, which is the idea that you need to continue on a certain path because you have already invested time, energy, and resources into that pursuit.

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    The world changes, and you are changing right along with it. Don’t stick to things simply because they worked for you in the past. You may have to break out of your comfort zone, but it will be worthwhile to face the challenge.

    Review your life and business responsibilities on a regular basis to ascertain what isn’t working for you anymore. Keep track of data and anecdotal evidence that could help you decide when you need to change direction. Circumstances won’t change overnight. Some of your actions slowly start to cost you more time and money. Spotting a downward trend early can help you cut your losses and regroup.

    Things that consume their energy without yielding any benefit

    You may take on a project with the understanding that you may have to put in some effort up front to get results later. It is important to avoid the trap of spinning your wheels and waiting for success.

    Set time-bound goals and perform a cost-benefit analysis.[2] Establish how long you are willing to put in that level of effort, and what your outcomes should be. If you don’t see a return on your investment within the time frame that you set, you might need to consider dropping that initiative.

    When something takes up too much of your time, you end up working for free or operating at a loss. Something that takes too much of your energy can also prevent you from taking on initiatives that may prove more beneficial for you.

    The communication company, Slack, is a classic example of this principle. Before the company was a go-to platform for business communication, it was a video game company. The CEO received 17 million dollars to invest in his project, but the video games didn’t do well.

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    The CEO had to make a tough choice: continue with the original objective and go into debt for millions of dollars or try something new and keep what could be salvaged. Slack’s success today would not have been possible if the company had not changed directions.

    Giving up on something doesn’t mean that you’ve failed. It just means that you are opening yourself up to the possibility of being successful in another endeavor.

    Prioritize your schedule and eliminate things that are eating up your time and energy. In some cases, low-value tasks may give you very little benefit, but they could also be negative-value if they take you away from more important tasks.

    People who don’t share the same goals and vision

      Photo credit: Source

      As the saying goes, you’re the average of the five people with whom you spend the most time. You’ll want to make conscious choices about the people that you spend your time with because they can influence you. If they don’t share your vision, you will either end up in conflict with them, or they will take you off-track.

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      When you spend time with people who share your goals, you’ll have more opportunities for growth. Your peers will understand your mission, and you can use your collective brainpower and resources to strive for success. These people can offer you insights and motivate you.

      When you make new friends or apply for a new job, you need to understand the person or entity’s core values. This means that you will have to do more than engage the people around you in small talk. Asking people where they like to go, talking about the weather, or inquiring about their weekend doesn’t tell you much about them.

      Asking philosophical and ethical questions can give you insight into a person’s character. They don’t necessarily have to agree with you on all points in order to be a good match, but if someone responds in a manner that is completely against your core values, then they might not share your perspective about life.

      Asking someone, “What is your favorite quote (or book) and why?” or “What would you do if you won the lottery tomorrow?” can tell you a lot about someone you’ve just met. If you are having a deeper discussion, asking, “Are you religious or spiritual?” or “How do you measure your success?” can prompt people to open up about what is important to them.[3]

      Making the decision to give up on something that isn’t working for you is part of becoming successful. Some of the best-intended moves can consume too much time and energy to be worthwhile. Strategies and that worked for you in the past may need to be adapted or abandoned when they stop being beneficial. People who you thought were your friends could have a negative impact on your work.

      Insanity: doing the same thing over and over again and expecting different results. -Albert Einstein

      When you clear away ideas and initiatives that no longer serve you, you make room for fresh ideas to take shape. Quitting is not necessarily a bad thing. Having a capacity to give up is one of the best-kept secrets among successful people.

      Reference

      More by this author

      Leon Ho

      Founder & CEO of Lifehack

      How to Create a Habit of Continuous Learning for a Better You How to Learn Quickly And Master Any Skill You Want How to Improve Memory: 7 Natural (And Highly Effective) Ways How to Increase Brain Power, Boost Memory and Become 10X Smarter How to Stop Bad Habits: 9 Scientifically Proven Methods

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      Last Updated on November 5, 2019

      5 Learning Management Systems (LMS) for Effective Learning

      5 Learning Management Systems (LMS) for Effective Learning

      Businesses rely on talent to generate and sell value. Without skilled people to create its products, manage its operations and execute its strategies, a business would inevitably fizzle out of the game and leave better-staffed competitors to take the field.

      This is the reason why ambitious companies go great lengths to attract top talent,[1] shelling out millions of dollars in the process and bending traditional work policies just to bring highly skilled but demanding candidates into the fold.

      Clearly, the contours of business are changing. But so are the demographics of work.

      Millennials have become the dominant generation in the job market in terms of population, and some have already transitioned into leadership roles. Most millennials consider opportunity to learn and grow more important than overall compensation.[2]

      Companies also today expect employees to come equipped with razor sharp business acumen.[3] Unfortunately, there is an alarming discrepancy between the actual skills businesses need and those currently possessed by job candidates.

      To stay in the game, employers need to continually upgrade their training and skills development strategies to cover the entire employee lifecycle.

      What are Learning Management Systems (LMS)?

      Learning management systems are software-based solutions for authoring, presenting, consuming, storing, and tracking educational content and training materials. These systems aim to centralize all instructional content (e.g., lessons, training modules, instructional videos, presentation slides, worksheets, online quizzes, ebooks, takeaway notes, etc.) in one place.

      LMS enable instructors to design and deliver learning experiences to students, with the added capability of evaluating the effectiveness of the instructional materials and grading the learning progress of students.

      On the other side of the equation, learners use LMS to develop skills and acquire new knowledge virtually anytime and anywhere via the different channels and content formats made possible by digital technology.

      Over the years, a wide range of features and technologies have been integrated into learning management systems to help enhance the experience of training designers, instructors, and learners. These include cloud and mobile technology, artificial intelligence, responsive design, scheduling, gamification, data analytics, and interoperability with other applications.

      5 Best All-Purpose Learning Management Systems

      There are dozens of LMS vendors catering to the general market or to specific segments such as K-12 learning, higher education, and corporate training.

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      With so many options available, selecting the right LMS solution for your needs can be complicated and costly, especially when you end up adopting a platform that doesn’t exactly match your goals or requirements.

      Short of conducting a comprehensive audit of your needs and finalizing a learning roadmap, the safest bet would be to adopt full-featured but affordable LMS solutions.

      Based on user reviews, here are the 5 best LMS to help people gain knowledge, build skills, and achieve mastery:

      1. Canvas Network

      Launched by Instructure as an open source software in 2011, Canvas is an end-to-end cloud-based service originally engineered for the education sector.

      Widely adopted for K-12 and Higher Ed learning, Canvas can be repurposed for anything that involves an instructor, a subject matter, and a student.

      Used around the world by people of all ages and organizations of all types, Canvas arguably has the largest learning and support community in its class. It works on desktop computers, tablets and mobile phones.

      To get a glimpse of the platform’s fresh interfaces, you can visit the Canvas Network, a learning community that provides educational and instructional materials created by colleges, universities, corporate businesses, independent course developers, and other knowledge-sharing entities around the world.

      Hosting hundreds of interesting topics from data science to horticulture, the learning network also serves as evidence to the scope, capabilities, and popularity of the Canvas LMS platform.

      Canvas is hosted on Amazon Web Services (AWS) infrastructure, which enhances the platform’s reliability, speed, scalability, and overall online performance.

      Additionally, platform adopters enjoy a low-risk environment since cloud-based solutions require no hard stops for version updates, upgrades, or system migrations.

      The Canvas website does not show a price matrix but says the service adopts a simple formula for computing fees: a one-time implementation fee and an annual subscription fee based on total number of users. It also promises free basic services for teachers who want to use the platform.

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      In addition to Canvas, Instructure also offers Bridge (an LMS designed for corporate environments), Arc (a video platform for online learning), and Gauge (an assessment management system).

      Check out this video if you want to learn more about Canvas Network:

      2. Google Classroom

      This free service from Google aims to improve the teaching and learning process using cloud technology, web apps, workflow simplification, and seamless communication between students and instructors.

      Using Classroom, educators can easily create and schedule classes, distribute assignments, send feedback, and grade quizzes all in one place. By streamlining processes, Classroom helps teachers save time and organize classes more effectively. Both students and teachers can also work using any device anytime and anywhere.

      Classroom works perfectly with other Google tools, having been launched initially as part of Google’s G Suite for Education. This LMS solution taps Google Drive for content storage and distribution, as well as Google Docs, Sheets, and Slides for the creation and sharing of instructional materials. Meanwhile it integrates Google Calendar for scheduling and Gmail for communication.

      With G Suite, other communication channels such as chat messaging, video conferencing, and a dedicated website are enabled.

      Easy to set up and manage, Google Classroom is free to use. One of my very first courses was actually hosted on Google Classroom.

      Going beyond the classroom environment, Google offers G Suite Enterprise for Education for large institutions. This suite provides enhanced search and analytics capabilities as well as advanced tools for enterprise communications.

      3. Moodle (Modular Object-Oriented Dynamic Learning Environment)

      If budget and capability equally top your list of LMS adoption criteria, then Moodle might just fit the bill. Which is to say there’s none (i.e., bill).

      Moodle is a free and open-source learning solution for distance education, workplace training, flipped classrooms, and other pedagogical environments.

      It is also a full-featured LMS supported by a robust community and a thriving developer ecosystem. Not surprisingly, Moodle is used in more than 15 million courses by more than 130 million users in 230+ countries.

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      Among other things, Moodle enables administrators and educators to create a dynamic and dedicated website to host organic, easily accessible, and highly customizable courses that can be experienced on desktops and mobile devices anytime and anywhere.

      Moodle provides a personalized and intuitive dashboard as well as a host of collaboration tools for content designers, teachers, and learners. A universal calendar, an efficient file management system, an automatic notification system, multimedia integration, and a progress tracking tool all come with the package.

      Check out this video if you want to learn more about Moodle:

      4. Absorb

      This platform recently bagged PC Magazine’s Editors’ Choice Award for Best LMS.

      Co-designed and built by former course authors, Absorb takes learning experience to the next level. This turnkey LMS solution is responsive, full-featured, and highly customizable for maximum impact.

      Course developers can orchestrate a wide range of experiences depending on audience or learning situation. In addition to surveys, polls, and e-commerce integration, Absorb supports formal online learning and certifications standards such as AICC, SCORM, and Tin Can.

      The user interface can also be modified to match the learner’s location, group, or department, allowing for a different look and feel for customers, channel partners, management trainees, and newly hired employees.

      Absorb supports all personal computing devices from desktops to mobile phones. There are also native or hybrid apps for iOS and Android.

      The only possible drawback to the platform’s powerful feature set is its pricing. The service reportedly implements a flat, one-time setup fee depending on your business and training requirements. According to the site, any plan comes with a dedicated success team for your account.

      Although small companies are welcome to try, midsize to enterprise-scale organizations are probably the best segment to readily adopt this LMS solution.

      Take a look at some examples of Absorb in this video:

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      5. Watershed Collaborative

      Created by a group of educators, this nonprofit rethinks the priorities of an LMS, asserting that too many systems miss the most essential elements of what makes learning stick. They promise a better user experience – emphasizing Learning before Management and System.

      Watershed aims to support an inquiry-based learning experience through an integrated mix of online and in-person learning strategies and interactions designed expressly for teams – including collaboration, reflection, and dialogue.

      While Watershed was founded initially to serve the K-12 education market, the company has since expanded its scope to cater to all types of teachers and learners with its video-rich, state-of-the-art platform.

      If you’re a mission-driven educator, content creator, institution, or business, this LMS may be the one for you.

      Watershed specializes in assisting you with the instructional design of courses and provides content production services to ensure top-quality video assets with lasting value. Their LMS makes it easy for course creators to continuously update and tailor content to support small and large groups, while ensuring the technology and instructional strategy supports communities of learners.

      Pricing varies based on products and services, but revenues support the nonprofit’s ability to make its platform and courses available at little or no cost for high-need educators and educational settings.

      Honorable Mentions

      There are dozens of LMS vendors in this growing market and the brands included in foregoing list are by no means the only viable options for companies or learning institutions looking to upgrade their learning infrastructure.

      Many other excellent services are worth checking out. These include:

      1. Docebo is an LMS designed for hyper-engaging students, employees, customers, and other learners. The system helps organizations identify and resolve competency gaps with strategic learning interventions.
      2. Cornerstone OnDemand is a talent, training, and performance management solution offered as an SaaS (Software-as-a-Service). This service enables learners to create personalized playlists of instructional content.
      3. Lessonly is an LMS solution that makes it easier to recall and reinforce whatever skills or knowledge you have learned through quizzes, coaching, and constant practice.
      4. Skillsoft is an online training and corporate learning platform developed by a two-decade old and billion-dollar company with the same name.
      5. D2L BrightSpace is a learning management system that has all the basics for delivering excellent, rich-media experiences for classroom or workplace training.

      Conclusion

      There are many ways to learn but some are more effective and meaningful than others. Whether you are a teacher looking to enhance classroom learning or an HR manager creating a long-term talent development plan for employees, the key to impactful learning is to understand and bridge the needs of learners, the goals of your institution, and the actual capabilities of the learning tools you are considering.

      Note that using multiple LMS platforms is possible although not recommended. On the other hand, adopting other learning solutions beyond LMS (such as podcasts, mentoring, and onsite in-person workshops) may significantly improve learning outcomes. Always go for products and plugins that seamlessly integrate into your core LMS tool.

      Featured photo credit: Unsplash via unsplash.com

      Reference

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