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Why Leaders Need to Think More Like Professional Gamblers

Leading Blog

Many years later, French mathematician Pierre-Simon Laplace developed Bayes’s idea into a powerful theory, which we now know as the Bayes Theorem. Bayes is relevant to modern leaders because it can help them develop an approach to uncertainty that is less deterministic and more probabilistic. Here is a simple explanation of it.

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7 Ways to Improve Operations Without Sacrificing Worker Safety

Harvard Business Review

CEO Ellen Kullman came to see me and promised a top to bottom review of the DuPont safety program. ” When I read DuPont CEO Breen’s words “accelerating cost reductions,” my heart sank. Here are some steps CEOs, executives, and boards can take to accomplish just that. ” It worked. Start at the top.