Tag Archives: risk

Lessons on Competition from Mother Nature

An interesting short article by Joel Barker with some ideas to think about, Surviving the Fittest: New Lessons on Competition from Mother Nature As a result of this emerging body of research, we now must reexamine our competitive paradigm and factor in the new information. It is now clear that ‘the fittest’ not only don’t win all the time, but are only a piece of the more complex system. This information can lead to new strategies for small companies and … Continue reading →

Posted in Competition, Systems thinking | Tagged , , , , | 1 Comment

Taking Risks Based on Evidence

My opinion has long been that football teams are too scared to take an action that is smart but opens the coach to criticism. So instead of attempting to make it on 4th down (if you don’t understand American football, just skip this post) they punt because that is the decision that is accepted as reasonable. So instead of doing what is wise they do what avoids criticism. Fear drives them to take the less advantageous action. Now I have … Continue reading →

Posted in Competition, Creativity, Data, Innovation, Management, Psychology | Tagged , , , , , , , , | 3 Comments

SWAT Raids – Systemic Failures?

I have mentioned Reddit (an online community that is highly skewed toward software engineers who are a bit irreverent) before: Dell, Reddit and Customer Focus. The site highlights stories voted up by the community and so the makeup of the community has a huge impact on what is highlighted. The users are very willing to challenge authority (and in fact anxious to do so I think). So some topics are common: criticizing DRM, science, criticizing the United States’ role in … Continue reading →

Posted in Management, Systems thinking | Tagged , , , , , | 4 Comments

Innovate or “Play it Safe” to Avoid Risk

The Xooglers blog has some really interesting posts. In one, “But, but, that’s just crazy talk!” [the broken link was removed], Doug Edwards discusses a great example of what true leadership is about. In my defense, my background conspired against me. Past public relations debacles had taught me always to evaluate worst-case scenarios before considering the possible benefits of any new initiative. “First, do no harm” had become my mantra. This is the reality of many people. There are many … Continue reading →

Posted in Creativity, Google, Innovation, Management, quote | Tagged , , , , | 2 Comments