A few weeks ago, I put together some notes on Momentum for my co-workers. They are not formatted well, but I wanted to share. I believe this is a “church” thing as well as a “work” thing, and because I do not change for either of those, sounds like a “life” thing then 🙂 I hope they inspire you!
Momentum in physics:
- Linear momentum is also known as transitional momentum
- Momentum has a direction as well as magnitude.
- Because momentum has a direction, it can be used to predict the resulting direction of objects after they collide, as well as their speeds.
Momentum in finance:
- In finance, momentum is the empirically observed tendency for rising asset prices to rise further, and falling prices to keep falling.
- For instance, it was shown that stocks with strong past performance continue to outperform stocks with poor past performance in the next period.
Momentum in sports:
- There are many triggers that change momentum, from the roar of the crowd, to a referee’s call, to the memory of past experiences and outcomes.
- Though these variables seemingly affect an athlete’s play, in reality these are psychological concepts.
- The noise of a crowd and a bad call do not have to adversely affect performance, but they often do psychologically.
Application:
- We are in a transitional period
- We have the opportunity and choice to either continue the momentum of the past or allow ourselves to come in contact with a larger internal and external force and be changed.
- What do we want to continue and what do we want to change. Either way, momentum is in the mix.
- There might be some things that are under such momentum that it will require a lot of transitional force.
Next steps:
- Identify things in your day to day that need to be continued and another list of things that need to have an transitional force applied?
- In your projects, do the same.
- In the organization that we have influence over, do the same.
- Bring these to Thursday’s meeting to review.
Joshua Thinks 