I have a shocking and painful confession to make: At times I’m a procrastinator too. Procrastination means that you know you need to do something, you’re not doing it and you feel miserable about it. I was contemplating why […]
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Last week I had a short chat with a personal assistant. She incidentally mentioned she was still occupied making minutes of last week’s management team meeting. That came as a surprise to me: Was that really the highest and best […]
One of the more curious aspects of strategic portfolio management is a concept called the probability-of-success. This metric is often used in decision making around strategic options. Typically, options are ranked based on the following formula: (Expected Result) = (Probability-of-Success) x […]
Let’s do a thought experiment: Does democracy work in brain surgery? If you are a brain surgeon, would you allow anyone in your team to make key decisions when you’re operating on a patient? Probably not. If you want to […]
My iPhone spontaneously and faithfully tells me every week how much time I have spent on screen time. This metric tracks my phone use, similar to metrics like daily calorie intake, monthly spending, etc. The idea is that what you focus […]
The purpose of thinking is to stop thinking. It means that thinking is a high energy consuming activity: It takes a lot of effort to simply think. That’s why humans are designed in such a way that whenever we have […]
Early 2021, you would find yourself in a roller coaster if you owned stock of a small company called GameStop: A buying frenzy occurred—driven by thousands of Reddit users—and the stock increased by more than 1000% within two weeks. The objective of […]
When one of my former bosses took over a struggling manufacturing company, he found a low-spirited and beaten organization. It seemed that every day brought new and unexpected emergencies: Financial, client, and operational problems were mounting. After a few weeks […]
Some decades ago, while studying race horse performance, a group of scientists stumbled upon a fascinating discovery: In the long run, the number 1 race horse earned up to ten times more in prize money than the number 2 race […]
Think of the last bad presentation pitch you had to listen too. Why was it so bad? My guess is that the pitch was about them, not you. The favorite subject of anyone is themselves. A close second are techniques […]
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