(Originally posted 2010 APR – reposted by request) 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 never all three: (a) efficient capital markets; (b) no bailouts to big banks; or (c) a depression-free economy.  ( Mr. Ferguson [...]

If innovation is creativity, and creativity is simply play, and to play, is to feel safe, and to feel safe is to be OK to fail… How ok are your kids with trying and failing? And your team? Will they go to the edge, to test, nudge or even bust the envelope? Or are they [...]

After loading up with info from researching and noodling and googling, why do many people feel a need to play, say,  jazz or Bach on the piano, or maybe just take a walk outside? For the quarter of the population who are introverted – unlike the extroverts – their brain, not only keeps open a [...]

Three Fridays ago, riding back to the airport from a decidedly unfavorite day, I opened the  World Street Journal only to notice one disturbing dot after another.  First was what seemed great news, Mr. Paulson’s record personal earnings are the front page headline;  then news about Tunisia, Yemen and Egypt, teetering dominos;   Russia’s wheat output [...]

MBA analyses make decisions seem like a forensic dissection; but better managers zero in on the key elements of a living, changing situation.   It’s much like athletes using a simple, clear image;  game time is not the time for deconstructing into mechanical elements. Seat-of-the-pants or so much voodoo? Hardly.  In an earlier post, we reviewed [...]