Businessman playing chess game reaching to plan strategy for success
Business and Economics

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

April 10, 2017

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. […]

sorry we are closed sign hanging outside a restaurant, store, office or other
Business and Economics

Maintaining a Healthy Company: How Businesses Sustain Competitive Advantage

March 31, 2017

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. […]

Sign and bust of former U.S. General and President Dwight D. Eisenhower located in Denison, Texas
Business and Economics

Great Leaders: Eisenhower and the Pursuit of Small Wins

February 14, 2017

Truman had experienced how hard it was to get things done in a government bureaucracy. He learned that even if a president issued a command, it did not mean that various departments of the government would implement it as he wished. But he also understood that effective leaders pursue an iterative process of divergence and convergence. They stimulate debate, but are always on the lookout for common ground. […]

Business and Economics

Fisher and Price: The Original Growth Stock Investors

January 12, 2017

Growth stocks have the potential to go up 1000% or more from inception. Occasionally, you’ll find a growth stock in the bargain-basement bin. But, usually, it’s up to you to make the assessment that a growth stock will keep growing. […]

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