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The Surprising Power of Business Experiments

Skip Prichard

If you want to learn how to develop an experimentation organization, read on. Daniel Kahneman. When it finally came to my attention, I realized right away that large-scale, controlled experimentation would revolutionize the way all companies operate their businesses and how managers make decisions. ” -Stefan Thomke.

Power 94
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Crack the Leadership Code

Skip Prichard

Daniel Kahneman. Technology has connected more people in more places at more times than ever before. Is it possible to develop empathy? The not so good news is that cognitive empathy needs to be developed. A key to developing curiosity is inquiry. I recently spoke with him about his work. Oprah Winfrey.

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Why Western Digital Firms Have Failed in China

Harvard Business Review

The term “digital firms” refers to those companies that from their inception have focused on digital services enabled by the internet and related technologies, including mobile. imposing technological platforms developed for the U.S. failure to develop and communicate business strategies effectively.

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Why Companies Are Betting Against Big Ideas

Harvard Business Review

This idea of prospect theory, developed by Tversky and Kahneman and reported in a classic 1979 article (for which the Nobel prize was awarded) demonstrated that individuals do not make decisions rationally by selecting options with the highest expected value, because they are risk-averse and 'losses loom larger than gains.'.