Howard Gardner

The creator is an individual who manages a most formidable challenge: to wed the most advanced understandings achieved in a domain with the kinds of problems, questions, issues, and sensibilities that most characterized his or her life as a wonder-filled child.

Win-Win Sourcing

The most effective procurement model fosters knowledge sharing, not mistrust.

The Ignorance of Crowds

The open source model can play an important role in innovation, but know its limitations.

Joseph Ellis

I strongly believe that the concept of cause-and-effect charting should be part of the way economics is taught. Today the field is dominated by the teaching of economic theory, with no numbers attached. Students need to be able to understand basic economic indicators, choose the ones relevant to the issues they care about, track them over time, and understand the sequence of cause and effect. … [ Read more ]

Joseph Ellis

The unsystematic approach [of Wall Street analysts] misses the consistent sequence in which the cycle passes through our business sectors. In every single cycle, momentum starts in retail and consumer spending and then moves to manufacturing and then to capital spending. The research director should review them in that order. These three business sectors – I didn’t mention services, because it’s much harder to measure … [ Read more ]

Joseph Ellis

Conservative economists who say that capital spending drives consumer spending are about one-third correct and two-thirds wrong. Yes, when you put up a new plant, you create jobs and wages and, therefore, consumer spending power. But that impact pales relative to the causality that exists in the other direction: the influence of consumer spending on capital spending. Consumer spending represents the demand for goods and … [ Read more ]

Barry Nalebuff

In business, you can work incredibly hard and your efforts won’t be rewarded if you are playing the wrong game. But you also have the opportunity to change the game, rather than just play it. Success comes from playing the right game.

Joseph Ellis

The author of Ahead of the Curve explains the mysteries of the business cycle.

Barry Nalebuff

Yale professor Barry Nalebuff brought game theory from the ivory tower to the executive suite – and to his own thriving company, Honest Tea.

Richard Branson

If you can find people who are good at motivating others and getting the best out of people, they are the ones you want. There are plenty of so-called experts, but not as many great motivators of people.

The Flatbread Factor

To understand the life cycle of an emerging market, learn to decode its consumer products.

John E. Treat, George E. Thibault and Amy Asin

Scenarios are, in the end, simply a best guess at the future, tempered by informed judgment as to how trends may play out over time. The risk here is that it is very easy to believe the future that plays into our own set of biases. Compounding this is the absence of any way of predicting when discontinuities might logically occur or what their impact … [ Read more ]

Edith And Charles Seashore

For 50 years, Edith and Charles Seashore have taught people how to make organizations productive by confronting conflict and misunderstanding head-on.

Alvin Toffler: The Thought Leader Interview

Thirty-six years after his book Future Shock, the world’s most influential futurist sees the informal economy as a basis of revolutionary wealth.

Joichi Ito

“Venture activist” Joichi Ito has turned his life into a prototype of the organization of the future.

The Productivity Riddle

Research finally links management skill to macroeconomic growth.

David K. Hurst

As intellectual historian Crane Brinton pointed out in his book Ideas and Men: The Story of Western Thought, fields of study such as philosophy, religion, and politics generate “noncumulative” knowledge as opposed to the scientific domain, where knowledge is “cumulative” and progress is genuine. The real problem with arts or noncumulative fields of study is that, unlike the sciences, they never prune their trees of … [ Read more ]

George Santayana

Progress, far from consisting in change, depends on retentiveness. When change is absolute there remains no being to improve…and when experience is not retained…infancy is perpetual. Those who cannot remember the past are condemned to repeat it.

Chuck Lucier and Jan Dyer

The development of valuable new businesses is the toughest challenge in business – far more difficult than sustaining an existing enterprise. Existing businesses benefit from inertia: customers won’t switch unless they are given a good reason, few employees leave voluntarily unless their compensation falls significantly below market rates, and returns on sunk investment may persist at substandard levels as long as a company can’t generate … [ Read more ]