While global interconnectedness has many benefits, it also creates the risk that events on one side of the world will dramatically and negatively impact companies on the other. This possibility raises the issue of what type of organizational structure and approach has the best ability to thrive in this type of environment. In Nassim Nicholas […]
Particularity when times are challenging, what companies often need the most is an asset that cannot be found on a traditional balance sheet: creativity. While corporations are often not associated with creativity, the track record of businesses in thinking outside of the box is mixed. Some corporations have been responsible for breakthroughs that have completely […]
Corporate valuation often involves forecasting future company performance. While this is sensible because a company’s worth should reflect the economic value it will create in the future, the ability to make forecasts about what the future will be like is extremely limited. This often results in significant valuation errors that have a negative impact on […]
While financial markets are often not equated with athletics, capital raising has a lot in common with sports: there is a clear objective, the playing field is constantly changing, competition is fierce and mental factors often separate winning and losing. When walking the narrow path between triumph and defeat, a strong, flexible mindset is vital. […]
The evaluation of leaders has historically been heavily biased toward results: the leaders of well-performing institutions are assumed to be good and the leaders of poorly performing institutions are assumed to be bad. But are results alone the best measure of leadership performance? On many occasions, leaders play little role in a company’s success and […]
To keep up with the ever-growing mass of information in the world and decreasing amounts of time to digest it, there are many materials designed to help people read books as quickly as possible. While any tactics that help us cope with the exponentially growing number of theories, data and recommendations flooding into our lives […]
Business strategy is at the heart of firm competitiveness and value creation ability. Despite its importance, many entrepreneurs and companies design strategy based on inaccurate assumptions about markets or even themselves, which often causes them to get off track operationally, lose competitive strength and become trapped in inefficient patterns of resource use. To reduce strategy […]