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Observations on business acumen, leadership, behavioral finance, management and such other topics as strike our fancy.
Dr. E. Ted Prince is CEO and Founder of the Perth Leadership Institute, which has developed unique leadership assessments for financial leadership and business acumen. He is the author of The Three Financial Styles of Very Successful Leaders, published by McGraw Hill in 2005 and since published in China, India and Taiwan and Business...
Dr. E. Ted Prince is CEO and Founder of the Perth Leadership Institute, which has developed unique leadership assessments for financial leadership and business acumen. He is the author of The Three Financial Styles of Very Successful Leaders, published by McGraw Hill in 2005 and since published in China, India and Taiwan and Business Personality and Leadership Success: Using the Leadership Cockpit to Improve Your Career and Company Outcome published by Amazon Kindle in 2011. He has numerous publications in the area of leadership, management, human resources, business strategy and technology and is a frequent speaker at industry conferences. He has held the positions of Visiting Lecturer at the University of Florida and Visiting Professor at the Shanghai University of Finance and Economics. Dr. Prince has been CEO of several companies in the technology area over a period of 20 years including Chairman and CEO of a public company for 6 years. He has also been on the boards of numerous other companies including several public companies. Dr. Prince holds a BA First Class Honors degree in languages and political science from the University of New South Wales in Sydney, Australia, and MA and Ph.D., degrees in political science from Monash University in Melbourne, Australia.
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Are Narcissistic, Uncaring People the Most Successful Leaders?


I just saw the Alex Gibney’s documentary about Steve Jobs, “ Steve Jobs: The Man in the Machine” . It’s more true to the man than Danny Boyle’s “ Steve Jobs ”, also showing now. I’ve already showed my hand in my blog post on the 2013 film “ Jobs ”: “ Can a Narcissistic Bully be a Good Leader ? So what’s the message? Jobs was a visionary, bullying, ...
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Climate Scientists Are from Mars, Deniers Are From Venus (and Earth)


So I just saw “ The Martian ”. Coincidentally NASA just announced its discovery of running water on Mars . If NASA had told Matt Damon about that he could have grown grapes instead of potatoes and made his own hooch. Perhaps then he wouldn’t have wanted to have been rescued, given how utterly risky it was. There were some great Mars-scapes in the f...
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Can a Master Algorithm become the Next US President?

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I just read “ The Master Algorithm: How the Quest for the Ultimate Learning Machine Will Remake Our World ” by Pedro Domingos. Fair warning: it’s not for the faint-hearted. Domingos is a leading researcher in the area of machine learning and he’s a zealot for his subject. It’s pretty technical so the book is kind of heavy going. On the other hand i...
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Insiders, Outsiders and Trump Mania – Can a Successful Leader in One Career Always be Successful in Others?

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I guess like everyone else I have been following the GOP candidates show closely. Because of my interest in leadership, I am less focused on the ideological issues than of which of the candidates are most likely to be successful in the top leadership position of the US Presidency. The age-old issue is this; if you have been successful in one leader...
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What have Octopuses got to do with Leadership?

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Well, you gotta think outside the box occasionally right? I got the idea from the Economist that recently published an article on how octopuses think. Apparently they don’t really have a central brain like we humans. Instead their neurons are dispersed around their body, especially in their tentacles. So actually they think with their tentacles not...
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From the Internet of Things to the Internet of Brains

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The Internet of Things (IOT) is all the rage right now. Certainly it’s exciting. But is there something even bigger just as close, if not closer? I think so. You probably know that the Internet had been running out of IP addresses. So natch that’s been fixed, with the new IPv6 schema . With this new approach we get a lot of IP addresses. I know you...
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Does Work-Life Balance Reduce Innovation?

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Did you notice that Goldman Sachs (of all companies!) has just forbidden its interns from working after midnight ? Seems like their HR people, if not the pooh-bahs, have just suffered an attack of political correctness aka social responsibility. So even if one of their starting interns wants to work his version of overtime (like into the wee hours)...
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Do employee engagement surveys filter out potential great leaders?

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Did you see the recent article “ Working at Amazon Is a Soul-Crushing Experience "? It was written by an ex-employee so he should know, or should he? It’s raised much controversy ranging from the defenders of Bezos to those who say I told you so. We have other poster-boys for alleged employee abuse including Elon Musk (seeAshlee Vance’s “ Tesla, Sp...
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Alien Emails Blocked by Government Cybersecurity!

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Did you notice that Russian entrepreneur Yuri Milner just joined up with pop icon Stephen Hawking to make a $100 million donation to SETI – search for extraterrestrial intelligence? As you probably know that search has, so far, used big telescopes. They are hugely expensive so the SETI guys don’t get to use them much. The gift will allow them to ha...
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Do girls outperform boys mentally – and what does it mean for neuroscience?

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Did you know that most university graduates in Saudi Arabia are women? That’s something; even where they can’t drive a car and can’t go outside without a male guardian of some kind, they still beat the pants (or whatever they call them) off the Saudi guys at university. And not just in Saudi Arabia. In most countries , including almost all develope...
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An Air Freshener that Helps Mental Illness?

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A couple of blog posts ago I discussed the huge problem of mental illness (“ The Invisible Pandemic ”). I pointed out that we still don’t know how mental illness is caused which put a severe limit on what we can currently do to help people suffering from it. But we do know something that can help, although as usual there are constraints here too. T...
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Is our brain really a quantum computer? Idiots savants may know the answer

Is our brain really a quantum computer? Idiots savants may know the answer
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You’ve probably heard about Obama’s big brain project , the BRAIN Initiative? Also the European Union Human Brain project ? You might be tempted to think that these are just one last big push to figure out exactly how the brain really works. Nothing could be further from the truth. The reigning theory is that our brain works something like a comput...
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The Invisible Pandemic

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I guess you’ve all been reading about MERS, the Middle East Respiratory Syndrome. It’s hit South Korea and we don’t know where it will go next. It’s not an epidemic though. For the media that’s kind of a pity, they all love to talk about an impending epidemic, preferably a pandemic. Of course, there’s not too many of those. Or are there? The Econom...
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Recent Comments
Guest — Michael S.
Yes ! with mental illness, people are more comfortable sweeping it under the rug & not addressing it like the epidemic that actual... Read More
Monday, 20 July 2015 19:20
Guest — Ted
Michael, that's absolutely right! So many people with mental illness don't tell anyone about it until it's too late, just as you s... Read More
Monday, 20 July 2015 21:05
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Are 3 meals a day unhealthy?

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Have you ever seen the TV show “ Naked and Afraid ”? A man and a woman go (naked) into the wild with no food or tools and have to survive for 3 weeks. If they make the full 3 weeks it they usually come back emaciated. Guess what? That’s the norm for mammals, humans included. When you live in natural state, you don’t get 3 meals a day. Maybe 3 meals...
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Recent Comments
Guest — Doug
What does three to five hundred calorie meal days consist of?
Thursday, 16 July 2015 18:23
Guest — Doug
What menu options does the 300-500 calorie days consist of?
Friday, 17 July 2015 22:48
Guest — Ted
Doug, only veggies I am afraid
Saturday, 18 July 2015 00:11
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Psychobiotics – The New Behavioral Weapons of Mass Digestion?

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I’m sure you have heard of the microbiome? That’s the trillions of bacteria in the human gut whose functions we still only dimly understand. But one thing has recently become very clear. That is that the microbiome has a huge impact on our feelings, moods and mental functioning generally. Here’s the interesting part. It’s also become clear that the...
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Cheating is a form of innovation

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Have you heard about the scandal with cheating on the SAT? It’s particularly prevalent in Asia with Chinese and Korean students being repeat offenders. The organizations behind the cheaters go to some considerable lengths to get the SAT questions . They send questions to phones by text and other means. The stakes are rising though. Some cities in C...
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Are gyms bad for your health?

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Uh oh, I guess this is really a sacred cow. I’m a runner (road, not gym) too. But it looks to me like there’s a big problem in this area of gyms. Not only that, by using a gym, exercisers are actually denying themselves some much greater health benefits. First of all the bad news about gyms. Past research shows that they often have a serious proble...
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Are our brains wormholes?

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Did you see the research that shows that the descendants of Holocaust survivors have elevated stress levels compared with others ? It seems that trauma can be inherited. It's starting to look like that goes for a lot of other things. For example recent research shows that breast cancer risks acquired in pregnancy may pass to the next 3 generations ...
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Most innovators are spotters not creators – but that’s fine

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Over the last couple of weeks I have been conducting coaching for innovators identified using our psychometric assessments. This has reminded me of an important issue that usually gets overlooked in discussions on innovation. In the conventional wisdom, an innovator is someone who thinks up an idea and then (maybe) does something with it. I have bl...
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Invisible Leaders Are the Best?

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Much of the talk about leadership is about how the leader looks and how he should act to be seen as being most effective by her followers. But I think there’s another perspective; that the best leaders, to paraphrase the old saying about children in Victorian times, are best not seen, and not heard. That might seem a bit heretical. Isn’t the job of...
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