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The Planning Fallacy and the Innovator's Dilemma

Harvard Business Review

While $300 million might sound like a ridiculously large number to small business owners or entrepreneurs, leaders in many global giants consider the amount a drop in the bucket. But anyone with near-term innovation targets with nine (or six or even four) digits in them should ensure they are familiar with the concept of "planning fallacy.".

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How to Know If a Spin-Off Will Succeed

Harvard Business Review

A 2010 meta-analysis detailed many of the different issues that make divestiture so hard to evaluate consistently. And while luck plays a much bigger role in explaining business success than managers like to believe, as Daniel Kahneman points out, the examples here clearly demonstrate that you can always give luck a helping hand.

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WOMEN: Moments in Your Day

Women in the LEAD

As a leader, co-worker, friend, mom, sister, wife or partner, it also reminds us how important our words and actions can be in influencing someone else's moments and experience: " According to Nobel Prize-winning scientist Daniel Kahneman, we experience approximately 20,000 individual moments in a waking day. How about YOU?