Perth Leadership Institute - Leadership Sun, 08 Dec 2019 18:46:49 +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
Why don't risk managers worldwide use behavior as a component of financial and investment risk?
Perth Leadership Institute and its Founder, Dr. E. Ted Prince do a new take on an old issue. See the article by Katherine Heires in GARP Risk Intelligence, the News service of the Global Association of Risk Professionals.  ]]> (etedprince) Economics and finance Thu, 16 Aug 2018 13:00:03 +0000
Is authoritarian leadership inevitable?
We’ve just seen China approve a lifting of term limits on their leader, an epochal decision. Clearly there’s a move to authoritarian leadership globally. As well as China there’s the usual suspects like Russia, Belarus and North Korea, but now there’s some new/newish members of the club including Turkey, Hungary, Poland, Venezuela, Malaysia and Mya...]]> (etedprince) Leadership Sat, 17 Mar 2018 13:32:45 +0000
Robocracy – for when democracy doesn’t work any more
For lovers of democracy, what’s not to dislike? Dystopian news from Lebanon, Saudi Arabia, Yemen, Ukraine, North Korea and so on. Not to mention German, Hungary, Myanmar. Even (especially?) the US! Could things get worse? You remember “ The End of History ” by Francis Fukuyama? Liberalism and democracy triumph, nothing left to do until mankind reac...]]> (etedprince) Leadership Sun, 10 Dec 2017 18:56:23 +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
Uber-Leading - Are empathy and disruptiveness incompatible?
So Travis Kalanick of Uber has been given the boot. What’s that all about? He’s promoted a hostile and sexually harassing culture. He needs to be reformed. Is his departure going to kill the company? Probably. I can think of several leaders who totally lacked empathy; more; they were unsympathetic, bullies, sometimes narcissistic and unappealing hu...]]> (etedprince) Leadership Sun, 18 Jun 2017 00:21:27 +0000
What’s wrong with quant approaches?
You know the old story: when a celebrity gets to be Time Person of the Year, it’s time to short them. Obama received the honor twice, in 2008 and 2012 and look where that got him! Trump was Time Person of the Year 2016 so look out! In the same vein I notice that the Wall Street Journal now has a new and separate section on quants. Does that mean th...]]> (etedprince) Economics and finance Sat, 03 Jun 2017 16:21:41 +0000
Are dynasties the future of democracy?
So I know I don’t have to remind you that we have a family running the US of A. Let’s say that it continues, with or without a gap between other family members also getting into the saddle. That’s what a dynasty is, in both cases. And this is hardly new. In modern times we’ve had the Kennedys, the Bushes and the Clintons. The Roosevelts before that...]]> (etedprince) Leadership Sat, 06 May 2017 14:44:04 +0000
Shouldn’t leadership be about business outcome, not about traits?
Did you notice that Tesla is now worth as much as General Motors? Quite a milestone given the fact that Tesla sells 80,000 cars a year versus GM’s 2 million plus.  Does that tell us something about leadership? My go-to reference Wikipedia defines a leadership style as a way of “providing direction, implementing plans, and motivating people ”. ...]]> (etedprince) Leadership Sat, 22 Apr 2017 13:03:31 +0000
Does Big Data Diminish Leadership Purpose?
Big data is really big. So is analytics. Our interns all want to get a job in those areas, so they can hit one out of the park. The big idea is that Big Data can help us uncover insights especially into how consumers act, so we can get them to buy more, and, to be fair, to better meet their needs. Big Data is transforming business, companies and ev...]]> (etedprince) Leadership Wed, 22 Mar 2017 10:47:00 +0000
The leaderati are out of touch with the masses!
I guess there’s no need to engage in any further exegesis concerning the latest Black Swans on the political front, domestically and globally. But I’ve been surprised that the leadership literati (let’s call them the leaderati) haven’t been talking about what this all means for leadership thinking. Seems to me it means a whole lot. So what does lea...]]> (etedprince) Leadership Sat, 28 Jan 2017 08:23:01 +0000
Is real behavioral change ever possible?
Well this is taking a different view. There is a huge supply of companies and methods to make you a better person, a better leader, a better manager and so on. And the vast majority, if not every last man-jack of them, are based on the assumption that people can change their behavior, if not a lot, then at least a little. Aren’t we humans just a li...]]> (etedprince) Leadership Sat, 17 Dec 2016 15:29:57 +0000
Leadership gurus lose to Robo-Coaches!
Did you know that the classic book “Moby Dick” has been translated into emojis? Yep, to wit, “ Emoji Dick ”. What’s the world coming to? I guess like almost everyone in the world you use messaging on your phone. Maybe you have even been known to use emojis, but only with your kids, right?. Same here, but I have also been known to use them (suitably...]]> (etedprince) Leadership Sat, 08 Oct 2016 14:19:04 +0000
Labor still beats capital in leadership development
As is my wont I was recently idly surfing the net checking out stuff about leadership. I ran across the latest issue of Entrepreneur magazine , a very good publication I am sure. Here were its three top headlines on the leadership page: 3 Tough Habits You Must Drop to Succeed 9 Things Managers Do That Make Good Employees Quit 22 Qualities That Make...]]> (etedprince) Leadership Sat, 27 Aug 2016 13:05:41 +0000
How do negative interest rates impact leadership and risk globally?
It just came out that the Bank of Ireland and RBS bank have introduced negative interest rates on large deposits. Germany and Japan both have banks with negative interest rates, as well as some of the Scandinavians. That’s got to qualify as a megatrend. It looks like negative interest rates are spreading fast. We are in uncharted territory. Likely ...]]> (etedprince) Economics and finance Sat, 20 Aug 2016 21:08:09 +0000
Is organizational culture over-hyped?
If you’re in HR, or you’re the CEO of an organization, chances are that you talk a lot about your “unique” organizational culture. It’s also a favorite of academics. Definitely politically correct. But even the promoters of organizational culture don’t exactly know what it means – see for example this article, direct from the PC headquarters of aca...]]> (etedprince) Leadership Sat, 13 Aug 2016 14:58:19 +0000
Could you purposely redesign your personality with a pill?
Another apparently useless piece of information, courtesy of researchers at the University of Virginia and the University of Massachusetts medical School. It looks like particular chemicals in your immune system cause you to be social . Specifically it’s a molecule called gamma interferon. Who would have thunk it? For some reason, the immune system...]]> (etedprince) Leadership Sat, 30 Jul 2016 14:35:26 +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
A Turing Test for Leadership?
Did you notice that the next Apple developer’s conference will focus on Siri ? Meanwhile the digital assistants’ wars have heated up with Google Assistant , Microsoft’s Cortana and Amazon’s Alexa . These all aim to create a human-like assistant that can interact through voice. Nor are these the only entries. We also have Watson from IBM, NELL from ...]]> (etedprince) Leadership Sat, 25 Jun 2016 15:09:26 +0000
Would Trump be a Billionaire without his Inheritance?
Is this the elephant in the room? Trump's frequent allusions to his vast wealth and to how smart he is sounds awfully like the rich son who inherited it all but wants to convince everyone else – and himself – that really he did it all himself. So I thought I would do an analysis of this question. I think I’m well qualified to do that. For the past ...]]> (etedprince) Economics and finance Sat, 18 Jun 2016 12:33:52 +0000