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The Surprising Power of Business Experiments

Skip Prichard

Daniel Kahneman. And, as anyone who closely follows simulation and prototyping tools knows, their use has become pervasive in manufacturing businesses, even though companies still grapple with the integration and management issues I wrote about in 2003. We are too willing to reject the belief that much of what we see in life is random.”

Power 95
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Crack the Leadership Code

Skip Prichard

Daniel Kahneman. If you’re willing to make these investments, you’ll be rewarded on the back end in dividends of engagement, commitment, and loyalty. If you’re operating as a know-it-all, you have an underlying belief that that any new stuff really isn’t of much value. If you get these right, you’ll build loyalty and commitment.

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Why Western Digital Firms Have Failed in China

Harvard Business Review

“Death by a Thousand Cuts” Based on a comprehensive five-year study, my new research paper, published in the Academy of Management Discoveries this year, systematically identifies the reasons behind the failures of major Western digital firms in China. poor management of relations with Chinese regulators and the government.

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How to Know If a Spin-Off Will Succeed

Harvard Business Review

The first category is exogenous factors over which the business has little control: the growth of the markets into which it sells; the competitive intensity and thus the average profitability of the industry in which it operates; or the fragmentation of its industry and thus the scope for a growth-by-acquisition approach.

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How Could I Miss That? Jamie Dimon on the Hot Seat

Harvard Business Review

At a meeting on April 8, Drew assured Dimon and the operating committee of JPMorgan that the trades were being well managed and would work out. Dimon and his colleagues, and the executives at Société Générale, committed a different kind of mistake: they failed to notice the absence of critical information.