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Business and Economics

How Banks Endanger The Financial System

After the global financial crisis of 2008, regulators in a number of countries proposed rules to insulate traditional banking (taking deposits and making loans) from the risks associated with other financial services. […]

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Business and Economics

Games That Businesses Play — 3 Famous Examples of Failed Business Strategy

Sun Tzu reminded us of the importance of analyzing your enemy, understanding your competitor. This is crucial in business strategy, as well as in the military. Strong businesses put themselves in the shoes of their rivals, and they try to anticipate how those competitors will react. And they use that information to help them plot a more effective strategy. […]

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Business Skills

A More Powerful Argument: The Toulmin Model

One of the most widely studied models of argumentation was designed by Dr. Stephen Toulmin, a British philosopher and scholar of formal logic. The beauty of the Toulmin model is its simplicity, yet it reveals that truly mastering argumentation requires a series of high-stake decisions to be made in the moment. […]

Image of closed sign in window - Why Do Successful Businesses Fail
Business and Economics

Why Do Successful Businesses Fail?

Imagine that you are working in or leading a very successful company. Your investors are enjoying attractive returns. You’re producing strong earnings, and you have competitive advantage over your rivals. I have a harsh truth to share with you. You’re unlikely to be on top a decade from now. […]

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Business and Economics

Behavioral Economics: How Triggers Affect Your Decisions

A trigger is any stimulus in the environment that makes us think about a related concept or idea. How do businesses and marketing professionals use this psychological phenomena to their advantage? Welcome to the world of behavioral economics. […]

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