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The Business Lessons of the Belmont Stakes

Harvard Business Review

Daniel Kahneman , a renowned psychologist who won the Nobel Prize in economics, developed this concept in the 1970s along with his collaborator, Amos Tversky. To continue with our example, instead of thinking about how a particular acquisition will succeed, an executive might ask what percent of deals end up being good for the acquirer.

Beyer 14
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The Business Lessons of the Belmont Stakes

Harvard Business Review

Daniel Kahneman , a renowned psychologist who won the Nobel Prize in economics, developed this concept in the 1970s along with his collaborator, Amos Tversky. To continue with our example, instead of thinking about how a particular acquisition will succeed, an executive might ask what percent of deals end up being good for the acquirer.

Beyer 9
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Three Traps Facing New Global Leaders

Harvard Business Review

But for most rising executives, leading successfully in global markets is easier said than done. Recently, I spoke with Linda Sharkey , an author and expert in global leadership development and culture change, to chat with me about this issue. Are they all like you, or do they represent diverse and global perspectives?