applied know how
Far be it from becoming a mad scientist, everyone in business needs to know the basis on which our investigations into business works.
I recently came across Charlie Munger’s 1995 speech, The Psychology of Human Misjudgment, which introduced me to an explanation of what I’d been doing all my business life – using the power of applying mental tools from a wide array of disciplines and applying these to the business questions I had.… Read more
This isn’t a post about increasing creativity or brainstorming or other such tools, but it is a post about how you should prepare your mind to be more creative by thinking about creative thinking.
I recently came across Charlie Munger’s 1995 speech, The Psychology of Human Misjudgment, which introduced me to an explanation of what I’d been doing all my business life – using the power of applying mental tools from a wide array of disciplines and applying these to the business questions I had.… Read more
I’m preparing a series of classes for SMU related to what do I need to do to have a successful Asian business.
I’m thinking a critical element in creating a successful business is not about having the right answer to everything, but what’s more important are you asking the right questions.
Last week, I’ll discussed the 5 critical questions one needs to answer to create a successful business. … Read more
This isn’t a post celebrating Portugal’s win over France, but its a reminder that in every endeavour you need to know how you are going to win.
In preparing a new course for SMU the reason I feel I’ll be able to add value to attendees is a focus on getting to the right questions rather than the right answers.
My theory is that typically the answers will change quickly with changing environments, with changing competition, with innovation, with the passage of time. … Read more