At both of my ventures, Better and Netek, we operate by many key principles, one of them is avoiding stupidity; which is to avoid bad decisions. So instead of asking ourselves,”how do we make good decisions?; we ask: how do we avoid making bad ones?
Tag Archives: Decision making
6 Books I Read In 2017 That Are Worth Your Time
If you’ve been following me for a long time you know I have a very Hungry Mind. On top of magazines, articles and reports, I read at least 1 book per month; and have gone up to 4 in years past. This year I read 15 books in all, lighter than before but interesting nonetheless.
The Myth of Common Sense
Last year I advised a restaurant owner on customer experience strategy for his restaurant. He had previously done benchmarking against other restaurants, but felt and knew he was missing something more deeper, something that would stick with people. Being a giver by nature, he wanted that same attitude to be part of the day to day operation; he felt that was missing. …
8 Universal Skills The Most Productive People and Teams Put To Use
Are digital tools really making us more productive? It’s a constant inquiry and an ongoing debate whether the digital revolution is making us more productive. I’ve written before that the digital revolution is transitioning us to the Age of Efficiency, one where technology does most of the decision making for us. It’s great, but it also has it’s cons and more importantly the expectation that it will make us smarter just by it being there.
The promise of the digital revolution is better innovation, higher productivity, lower costs and faster growth. The jury is still out on whether or not digital tools make us more productive, and the implications for society. …
Rohan Light On Forecasting And Data Analytics
We live in world in flux, various trends are crashing into each other to create heaps of data that most businesses are only just starting to discover. Forward thinking businesses that are innovation driven have established a capability for capturing and interpreting the data, turning insight into game-changing ideas.
But most businesses are still lagging, big time.…
The attitude needed to be a better forecaster…and innovator
People who are good at forecasting, including innovators, are good at changing their minds; an uncommon attitude. Changing ones mind contradicts the conventional wisdom of relying on experts for right answers. Truthfully, experts have no place in predicting future events because when it comes to discovering and predicting the unknowns, experts are overrated.
How so?…
Strategy that sticks
How do you talk about your business’s strategy so that your employees get it?
Any strategic planning session eventually needs to deliver a robust strategy, one that anyone can understand and execute. The truth is this rarely happens, as most strategic plans end up in a binder somewhere, and confuse more than enlighten people.
What business leaders want to avoid at all costs is confusion, which leads to inaction. So, how do we solve this challenge?…