Drop that Grudge

letitgo

There’s nothing positive about holding a grudge, especially in the business world because grudges produce negative feelings and results. Seth Godin, in a recent post, rightly put it this way: the problem with holding a grudge is “your hands are then too full to hold onto anything else.” Click To Tweet Whatever is causing the […]

In This Case the Mask is Way Better

Blackhawks_Cheryl Adams

Congratulations to the Chicago Blackhawks and their thrilling Stanley Cup victory last week, their third in six years. It made me think of a great story that Robert Martichenko, CEO of LeanCor, told me recently about hockey masks and the history and evolution of the goalie mask. Not so long ago it was considered a […]

Incentives: Use Outcomes to Determine the Framework

Ever wonder why parachutes never fail or why there aren’t any incompetent fugo (pufferfish) sushi chefs? Oliver Payne, writing in the UK’s The Hunting Dynasty, a behavioral insight and communication agency, has one word for this—incentives. Of course further explanation is necessary. On parachutes and a 100 percent success rate, Payne—the author of Inspiring Sustainable […]

The Changing Process of Invention

patent building 1920_Josh

A recent Economist article explores how process of invention is changing. Think back in time. Invention used to be more singular and more “heroic.” Inventors such as Stephenson, Morse and Goodyear were the “shock troops” of the Industrial Revolution, helping to bring “humanity from agrarian poverty to manufactured plenty. These days, though, inventor-superstars, while not absent, are fewer […]

Thanks to John Nash and Playing Nice

John_Nash_Photo_Oct_2006_ICTP_trimmed_13027

I’ve written frequently over the years about the Nobel laureate and brilliant mathematician John Nash, who died with his wife Alicia when their taxi lost control Saturday on the New Jersey Turnpike. And rightly so, because his groundbreaking work in game theory and his Nash equilibrium (along with differential geometry, and partial differential equations) provides deep insight into the factors that govern […]

Golden Balls: Taking Advantage of Tit-for-Tat

goldenballs

A few years back I shared a clip from a popular British game show, Golden Balls, which illustrates in an entertaining way game theory and the prisoner’s dilemma. Today I want to share another clip from the same show to explore another aspect of game theory: tit-for-tat. Tit-for-tat is a common term used in game theory. The concept […]

Trust is a Two-Way Street

trust_puplejavatroll

Trust fosters credibility and an environment of communication and integrity.