Perth Leadership Institute - Decision-making Sat, 28 Mar 2020 07:31:25 +0000 Joomla! - Open Source Content Management en-gb Do most leaders lack business acumen?
Uh oh, GE just warned of another year of falling profits . It recently sold off its BioPharma unit making investors feel a bit better, until they realized things were still getting worse. GE needed to do something after cutting its dividend and reporting a huge loss . Jack Welch would be turning in his grave except for the fact that he’s alive. Do ...]]> (etedprince) Economics and finance Sat, 23 Mar 2019 07:55:39 +0000
Does mindfulness hurt business performance?
Mindfulness is hot. Google is a big proponent of mindfulness training, so that gives it the ultimate good management seal of approval? Nothing to question, right? You know I’ve got to respectfully disagree.   So what if a couple of respected researchers have evidence that mindfulness training reduces motivation? Check this out: “ Hey Boss, You Don’...]]> (etedprince) Decision-making Sat, 23 Jun 2018 11:53:11 +0000
Bitcoin meets behavioral finance – what happens next?

So now Bitcoin has split between two camps , the miners and the rest. That gives us a bit of insight into the psychodynamics of the Bitcoin community. Can we figure out more of them? How about a behavioral finance analysis? To wit, what are the cognitive biases of the Bitcoin crowd? That is, both the rational and the irrational ones, more of the la...]]> (etedprince) Economics and finance Sat, 12 Aug 2017 12:57:35 +0000
Amazon Eats Whole Foods – Are Authentic Leaders Too Predictable?
So we didn’t expect Amazon to do the Whole Foods thing right? Bezos is an unpredictable guy. Reminds me of Elon Musk, Richard Branson, even (especially) Donald Trump. Unpredictable to a fault. Never know what they’re gonna do next. The traditional leadership canon teaches that leaders should be predictable; authentic they call it. But what I see is...]]> (etedprince) Leadership Sat, 01 Jul 2017 12:30:48 +0000
Can the cognitive biases of the intelligence agencies be exploited by our enemies?
National intelligence has been a hot topic lately. That’s a bit weird given that I have been posting on artificial intelligence . Does national intelligence come even close to AI? Can we trust its analyses? OK so I have a tiny bit of first-hand experience in this. In my callow youth I was actually a junior diplomat for a small power allied to the U...]]> (etedprince) Decision-making Sat, 14 Jan 2017 13:01:45 +0000
The Difference between Agile and Supple Leadership
So where did I get “supple leadership” from? I made it up of course! Actually I was reflecting on the now widespread use of the term “agile leadership”. It’s in use by many companies and there are even assessments for it now such as one from Korn/Ferry . Even I have been guilty of using the term (see my post “ Can Behavioral Agility Be Learned? ”) ...]]> (etedprince) Leadership Sat, 23 Jul 2016 12:41:38 +0000
Less Algebra More Fudge Brownie - What Will Managed Investing 2.0 Look Like?
Did you see the article in the Wall Street Journal lately about how investors are pulling cash from hedge funds?   Seems like their returns are lagging the stock market. Of course that’s hardly new. The era of managed investing seems to be coming to a close as index funds take over. Far better to do as badly as everyone else than to once in a ...]]> (etedprince) Economics and finance Sat, 09 Apr 2016 14:07:41 +0000
Are recessions contagious?
We're in one of the longest economic expansions in history right now. So of course the forecasters are jumping off the bandwagon to predict the next recession. The only thing though: economists are tragically unsuccessful at predicting recessions. According to the IMF, in the 1990s private economists only predicted correctly 2 of 60 recessions one ...]]> (etedprince) Economics and finance Sat, 02 Apr 2016 14:10:07 +0000
Behavioral M&A – Yahoo Needed It But Too Late Now
So what’s behavioral M&A anyhows? See here for the skinny , will tell you more below. When Marissa Mayer was appointed CEO I predicted she would fail. Right on the money (“ Yahoo – Product Bling 1, Business Acumen 0 ”). Was the problem Ms. Mayer or something else? How about the 70 or so acquisitions she made? They cost around $4 billion; it’s n...]]> (etedprince) Economics and finance Fri, 18 Mar 2016 23:06:10 +0000
“The Big Short” – The Real Problem with Ratings
Did you see “The Big Short”? I’m sure Bernie Sanders is having a field day, his ticket to the big job he thinks. It’s worth seeing if only to reveal the zeitgeist in 2007, a fin de siècle moment. Naturally it paints the banks and the ratings companies in the darkest of colors. So what went wrong with the mortgage bonds and such-like? The film sugge...]]> (etedprince) Economics and finance Fri, 19 Feb 2016 15:32:55 +0000
Behavioral Economics & Finance Need a Killer App (ahem)
So if you look at my LinkedIn profile you’ll see that I am billed (inter alia) as a thought leader in behavioral finance. So why would I be casting aspersions on my chosen field? A while back I was discussing behavioral economics and finance with a very senior executive (British btw) for strategy and innovation in a well-known and respected global ...]]> (etedprince) Economics and finance Sat, 13 Feb 2016 14:34:43 +0000
Can we create irrational AI?
Did you notice that an AI program from Google just beat a top human player at Go ? It’s a big deal; the chess problem was solved years ago but Go was still a challenge. So now that problem has fallen, AI has got to go to the next step. What will that be I wonder? The problem is getting more difficult as we come to understand that humans aren’t the ...]]> (etedprince) Economics and finance Sat, 06 Feb 2016 00:29:32 +0000
Are women smarter than men – but only after babies?
So while Trump disses women, the women are nonetheless showing their mettle a la Hilary and Fox's Megyn Kelley. That brings me (well, kind of) to an article I read recently in New Scientist “Busting the baby brain myth: Why motherhood makes minds sharper ”. The author (a woman btw) is out to debunk what she sees as being the myth of the “baby brain...]]> (etedprince) Decision-making Sat, 30 Jan 2016 16:23:04 +0000
Mother Knows Best – Leadership is Innate in Women, Learned In Men
Did you see that Angela Merkel, German Chancellor, just got Time’s Person of the Year ? She’s the only Western leader who can deal with Putin. She’s really the leader of “united” Europe which has the combined heft of the US. So she certainly deserves it. Definitely in the same class as Margaret Thatcher and Golda Meir. Outshines any of the other Eu...]]> (etedprince) Leadership Sat, 12 Dec 2015 15:11:43 +0000
Blockchain – A Revolutionary New Way to Stop Corruption in its Tracks, Everywhere!
You’ve probably heard of bitcoins, which are now, once again a hot topic. A US company (Coinbase) has just started up the first bitcoin credit card in the US, so I guess if it has a piece of plastic behind it, it must be good. But bitcoin is getting to be old hat these days. The really hot ticket is the blockchain which is the technology model unde...]]> (etedprince) Economics and finance Sat, 21 Nov 2015 00:09:58 +0000
Big Data, Smaller Brains? (etedprince) Decision-making Sun, 08 Sep 2013 21:06:05 +0000