Category: Risk

Week of April 22, 2019

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“To build the next generation of companies, we must abandon the dogmas created after the crash. That doesn’t mean the opposite ideas are automatically true: you can’t escape the madness of crowds by dogmatically rejecting them. “Instead ask yourself: how much of what you know about business is shaped by

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Days of Disruption (No. 10):America’s Retailer – Sears

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Sears has been struggling for many years but the speculation of the past few days that it may bypass Chapter 11 reorganization entirely and proceed to Chapter 7 Liquidation indicates just how hopeless many of its lenders believe the company’s situation has become.  This article from Business Insider tells in a

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A Poker Table MBA

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The fundamental challenge every manager faces is coping with risk.  MBA programs and other management training offerings can help executives with this, but perhaps you should consider how a game you may already be playing for fun and relaxation can help you better grasp the nature of the uncertainties of commerce.

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When Great is No Longer Good Enough

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It’s hard to imagine a sector that’s been disrupted more than retail. So disrupted in fact that one retail observer has concluded that “great is no longer good enough.” Wharton School marketing professor Barbara Kahn explains her comment in this podcast and review of her book “The Shopping Revolution.”

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“Risky Business” (Yours!)

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Risk is so pervasive in business that we often fail to ask ourselves if we really understand the fundamental nature of it, how to assess it and then manage it.  This short article by Jean Proussen of the Institute of Directors provides a valuable primer for C-Level Executives for thinking about,

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“Crazy Enough to Work?”

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The great Danish physicist Niels Bohr once remarked to a young scientist who had presented a new idea to him that “Your idea is crazy.  The problem is that it’s not crazy enough to work.”  Many new businesses start out with a business model and/or strategies that are dismissed as “to crazy

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American Gentlemen

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The #MeToo Movement began in 2017 with the revelations of the actions of Harvey Weinstein and others who used their positions of power to sexually harass the women around them. WSJ columnist and Reagan White House speech writer Peggy Noonan reflects on this travesty, reminding us that this is an old

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Is Your Strategy Scientific?

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Most of us realize that thanks to science, and perhaps more importantly, scientific method, that we enjoy a level of technology and therefore comfort that the kings and queens of a century ago would have envied.  Maybe we should apply the scientific method to how we run our businesses. Specifically,

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Looking Up or Looking Down: Interesting Fundamentals are Helping our Economy

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“Look Out Above”: Getting nervous about the economy and market?   Brian Wesbury isn’t and thinks both have a ways to go.  He says “Look out above” in his recent four minute Wesbury 101 video  “Trumponomics and Stocks.” Look Out Below: Stocks may continue to head up, but according to Alex

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Tectonic Tech

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“Technological advancement is greatly overestimated in the short run and greatly underestimated in the long run,” remarked science fiction writer Arthur C. Clarke.  The Director of Industry Strategy for Adobe shares  “6 Tectonic Shifts in Tech Every Executive Should Know” based on research at the World Economic Forum.  You have probably

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