An important component of business and human progress is framing and acting on the lessons that are drawn from experience. While every approach to interpreting experience has its own strengths and weaknesses, I believe that the best approach is a process of structured reflection where we do not merely react to information based on intellectual […]
Does work involve the destruction of the human spirit or an opportunity to ennoble it? A classic view of work as a simple exchange of time for money does not reflect the ability of the workplace to become a forum for the practice of not only the art of what we do but the essence […]
Recent stock market volatility, and the damage that volatility has caused, raises a key question: Is financial liquidity always a good thing? In highly interconnected financial markets where events and even inaccurate perceptions of risk can destroy real economic value, liquidity should best be viewed by policymakers and investors as having both negative as well […]
A business plan is an organizational roadmap to take a company from where it is today up the often steep mountain to a distant corporate goal. This roadmap, with its vision of the future, milestones and measurements of success, is a vital part of corporate strategy execution. A good business plan has many elements, including […]