This is the official Perth blog site for posts, comments, and other contributions about leadership, behavioral finance and economics, and about management generally, as well as other related topics that take our fancy.

Does Work-Life Balance Reduce Innovation?


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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Most innovators are spotters not creators – but that’s fine


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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There’s no innovation without innovators


You know the usual approach to innovation in a corporation. Hold an offsite for brainstorming and to stimulate creativity. Get a big-name consultant. Team comes up with an idea, makes a plan. Does a public relations blast announcing their breakthrough idea. Fails. Do again. Fail again. If that wasn’t the case the vast majority of organizations woul...

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What’s the Difference between Entrepreneurship and Innovation?

You can’t lift up any piece of news or commentary these days without seeing a discussion or article about entrepreneurship and innovation and how to improve one, the other or both. Prescriptions abound. But my question is: are entrepreneurship and innovation the same thing or are they different? I ask that because you usually see them come in twos ...

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Ripples In Corporate Space-Time: Do Companies Have An Internal Clock?

Did you hear all the latest buzz about those boffins (at Harvard-Smithsonian Center for Astrophysics) who just discovered gravitational waves? So we can actually measure time back almost to the time of the Big Bang? And they did it by actually showing the super-imposition of these waves on the Cosmic Microwave Background (Ok don’t ask but look here...

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