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The Comparing Trap

Harvard Business Review

In an adjacent office was a colleague who had written something like 12 books and was an internationally recognized scholar in the area of organizational innovation. Compared with my colleague, I had accomplished so little over such a long career; my two measly books were more like an embarrassment, given his output.

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What an Economist Brings to a Business Strategy

Harvard Business Review

Ask them if they apply much else from else from economics in their actual business careers, and you’re likely to hear “not much.”. Walker’s innovation was to bind travelers to pay the prices they bid if the airlines and hoteliers on Priceline accepted the offers. Here a few notable examples.

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The Irish Banking Crisis: A Parable

Harvard Business Review

In slightly more formal terms, Id suggest that they were able to take on, at least in tiny part, five of Robert Merton and Zvi Bodies six standard functions of a financial system: settling payments, providing information, setting incentives, pooling resources, and transferring resources.

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Three Times You Have to Speak Up

Harvard Business Review

I was thinking about that story by Thomas Merton during a recent board meeting. Early on in our careers, we might speak up without concern or context. Minority viewpoints have been proven to aid the quality of decision making in juries, by teams, and for the purpose of innovation. But it's a skill worth pursuing.

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