What changes are coming to workplaces around the world? What factors are at play as the world muddles through COVID-19 at different stages? How is the skill tsunami reshaping work? At a recent Harbinger Power Hour, an online fireside chat, I had the opportunity to understand the thoughts of two … [Read more...]
How to Think About Business Competitors – A Guest Blog by Phil Bookman
In business meetings, when someone brings up what competitors are doing, does everyone else respond in a panic mode? If your answer is yes, yours is not the only company that reacts in this way. Competition paranoia is prevalent across industries and companies of all sizes. In this short article, we … [Read more...]
Leadership in Crisis: Final Score is Entrepreneurship 1, COVID 0
Saluti Gianfranco! In March 2020, when Italy was worst hit with COVID-19, I wrote about Gianfranco Sorasio, an Italian entrepreneur and his leadership in crisis. When thousands were dying and the country was at a standstill, this bold leader took the extraordinary step of assuring full employment to … [Read more...]
What Sunk Cost Fallacy Teaches Us About Acceptance
We often resist accepting our situation, making it worse. Is there a parallel in business? Yes, it is called the sunk cost fallacy. It is very common for businesses to throw good money after bad. That is what many individuals do in their lives. To them, it is simply hard to cut losses and move on. … [Read more...]
Get Paid More for Being Less Involved in Business
Can you grow the value of your business by being less involved in it? Under some conditions, you can. You read that right. This of course is a very controversial stance. Even those in favor of it will agree it is highly counter-intuitive. According to conventional wisdom, small businesses run better … [Read more...]
How Accomplished Product Managers Lead in Uncertain Times
Despite shrinkage in real economy and unemployment in double digits, S&P 500 is inching past pre-pandemic levels and NASDAQ composite is at an all-time high. With changing patterns of work, consumption, and entertainment, tech companies stand at the intersection of exciting opportunities and an … [Read more...]
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