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Word: self-interest (lookup in dictionary) (lookup stats)
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...After researching more than 750 major business failures in great depth, we came to the conclusion that humans are wired for poor decision-making," says Chunka Mui, a co-author of Billion-Dollar Lessons. "Ego, sunk costs, emotions, self-interest, etc., lead to blind spots. The not-so-intelligent have the same issues, it's just that the stakes are lower...

Author: /time Magazine | Title: When Fixing Government, Beware of the Brainiacs | 4/29/2009 | See Source »

...northern Burma, where minorities recall that ethnic-based parties came in second and third in the 1990 polls - the army's party finished fourth - former insurgent groups often bogged down by infighting are now considering electoral alliances. A strategic show of unity could easily fracture into shards of self-interest, particularly as the junta tries to drive wedges within and between tribes. But without an electoral catalyst, there might be little prospect for an end to intra-ethnic squabbling...

Author: /time Magazine | Title: In Burma, Even a Sham Election Is a Cause for Hope | 3/23/2009 | See Source »

...remorse of disgraced televangelists, the snarled "I'm sorry" of celebrities who exude regret at being caught rather than being wrong, the artful admissions of politicians who want credit for their confessions without any actual cost. We've learned to peel them apart with tweezers, find the insincerity and self-interest: If I caused any offense (you thin-skinned morons), I regret it. And so apologies are drained of their healing powers...

Author: /time Magazine | Title: The Lost Art of Saying I'm Sorry | 3/18/2009 | See Source »

...years or decades to breed new crop varieties, Fowler says we need to begin preparing now for the agricultural challenges of the future, using Svalbard's contents to build and breed new crops. "We've ignored the infrastructure of agriculture for too long," he says. "It's in our self-interest to fix this." The Svalbard vault may be a last resort, but it should also be the start of new Green Revolution...

Author: /time Magazine | Title: The Planet's Ultimate Backup Plan: Svalbard | 2/27/2009 | See Source »

...Paris to hang on to the largest slice of a global tourism pie valued at nearly $900 billion. To that end, Paris is rolling out a campaign introducing new quality standards for businesses serving tourists, the goal being to get Parisians to act with greater hospitality out of economic self-interest (since go-out-of-your-way kindness to strangers is not, shall we say, a particular Parisian strength). Tourism boards have set up information and hospitality offices at airports and throughout metro Paris. To address the looming shortfall of hotel rooms, the municipality plans to add 7,500 rooms...

Author: /time Magazine | Title: Much Greater Paris | 2/26/2009 | See Source »

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