Our new understanding of brain development can helps us better discern the child’s natural cognitive and behavioral inclinations, and therefore how to harmonize their emotions, logical models.

Kahneman’s behavioral economics was a key principle of the Obama campaign strategy for the national elections; now they’re gambling that people will in the end not want to lose the healthcare that’s been ‘rahmed’ through . The Prospect theory does have prescriptive implications.  Marketers know that dangling gains may not be enough; they hope that, [...]

People, according to the Prospect Theory, don’t analyze options, really, as much as face a gamble. Starting at (0,0) of a kinked curve, the decision maker weighs between possible outcomes. According to the Prospect theory,  the situation typically loses value faster for our decision maker, given same-magnitude losses. Clearly, we have to account for different [...]

Keep the goals, keep the tension, and keep at it

Mr. Niall Ferguson (2010APR23 Wall Street Journal) sums up the U.S. post-crisis financial regulation as a “trilemma” that could optimize to any two of three, but not all three: (a) efficient capital markets; (b) no bailouts to big banks; or (c) a depression-free economy.  ( Mr. Ferguson further  warns against a delusional proposition that bigger [...]

Where does innovative venturing come from?

People are apt to make change decisions – real shifts – only if uncomfortable with their current position

Project Management and Common Sense

Leadership in a complex environment does not have to be complex itself. It cannot be complex. Here’s a model you can put in your backpocket.