Translating this to the business world, short-term is the enemy of long-standing, viable organizations who treat their employees, customers and community with utmost respect.Ĭompanies built on the premise of making quick profits are detrimental to all those associated with the organization. Their short-sighted decision-making usually causes them to leave relatively empty-handed.ĭecisions based on short-term consequences are typically selfish decisions. They continue to play by selecting more briefcases and lose more money with each try as they are tempted to hit it rich playing the game. My observation is that it is very difficult for contestants to stop the game and take the money offered by the mysterious banker. The pressure mounts as in each round, after a pre-determined number of cases are opened, the participant is tempted by a mysterious entity known only as “the Banker” to accept an offer of cash in exchange for what might be contained in the contestant’s chosen briefcase – prompting Mandel to ask the all-important question – Deal or No Deal? The risk element kicks in when the player must then instinctively eliminate the remaining 25 cases – which are opened and the amount of cash inside revealed.

Without knowing the amount in each briefcase, the contestant picks one – his to keep, if he chooses – until its unsealing at game’s end. The game of odds and chance unfolds when a contestant is confronted with 26 sealed briefcases full of varying amounts of cash – ranging from a measly penny to $1 million. Hosted by Howie Mandel, “Deal or No Deal” is an exhilarating hit game show where contestants play and deal for a top prize of $1 million in a high-energy contest of nerves, instincts and raw intuition. I derived the name from a popular television game show, called “Deal or No Deal.” According to their website the game works as follows: The ultimate goal is to strike it rich as quickly as possible and leave with a check in hand. Have you ever worked in a “deal or no deal” environment? This is an environment where decisions are being made quickly based upon a constantly changing sets of facts, and the decisions are based solely on short-term results.

Howie Mandel (center), host of the popular television game show, 'Deal or No Deal'

Deal or nodeal