Trust and innovation are not usually used in the same sentence. It’s not that they are inherently in opposition but rather that they’re considered in different contexts. The concept of trust is highlighted in articles about leadership and teamwork while innovation is associated with creativity and risk taking, profits and products. But ultimately they are Read the full article…
During a 2001 company workshop, Volvo employees heard an expert on marketing to women say that women wanted the same things men wanted in a car- and more. According to an article in Edmunds, the consultant said “When you meet the expectations of women, you exceed the expectations of men.” The fact that women influenced Read the full article…
One of the major barriers to creativity and innovation is the fear of looking foolish. “Foolish” means different things to different people: silly, unwise, senseless, irrational, thoughtless, nonsensical, ridiculous, absurd. Ultimately, it’s concern about how others perceive us. Too often we control our actions because we worry about what other people will think about us Read the full article…
One of the lead articles in today’s Wall Street Journal is “Crisis Compels Economists To Reach for New Paradigm”. The story focuses on John Geanakoplos, a Yale economist whose observations of the machinations of the economy in the late 1990’s led him to believe that the market was not as efficient as economic theorists had Read the full article…
When I was on an assistant professor of organization behavior at Stanford’s Graduate School of Business, the students (about 30% were engineers) complained about the required class on the subject. They were there to learn how to be captains of industry. That meant mastering finance, marketing, accounting, and quantitative analysis, not managing people. Few “got” Read the full article…