hand playing block game for business illustration
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. […]

Illustration of 2 human heads with tiny people playing tug-o-war on a platform suspend from the head's mouths.
Business Skills

A More Powerful Argument: The Toulmin Model

April 4, 2017

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. […]

Business and Economics

Maintaining a Healthy Company—Why Do Flourishing Businesses Fail?

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. […]

friends around table share data
Business and Economics

Is Little Data The Next Big Data?

March 19, 2017

Is personal quantification (little data) the next evolution of the Big Data revolution? Is our addiction to analytics leading us astray? […]

Business and Economics

Behavioral Economics: How “Triggers” Affect Your Decisions

February 15, 2017

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. […]

Eisenhower (5th from left) and the team of Allied commanders he led during World War II
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. […]

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