Tag Archives: deferred gratification

It Doesn’t Take Long To Pick Up the Toys When Everyone Helps

cooperation in business

Cooperation isn’t just a “nice-to-do,” it is a survival mechanism for organizations. It also appears that it is the same for the human species. Our evolution has depended on our willingness and ability to cooperate. Continue reading

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Deferred Gratification – The Stanford Marshmallow Experiment

http://www.youtube.com/watch?v=6EjJsPylEOY

What’s so fascinating about eating a marshmallow? Quite a lot as it turns out. In 1972, Stanford University’s Walter Mischel conducted one of psychology’s classic behavioral experiments on deferred gratification. Deferred gratification refers to an individual’s ability to wait in order to achieve a desired object or outcome. Continue reading

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