Archive | Marketing

Hockey is for Everyone, Doggonit

Research shows that businesses with more diverse workforces perform better financially and are more innovative. Similarly, diversity and inclusion is good for the business of sports. The more that sports teams embrace the diversity of the community they are in, the more likely their fans will embrace them back. The National Hockey League (NHL) uses the international reach of the…

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The Pygmalion Effect in Business

In 1965 two researchers conducted a now-famous experiment in a public elementary school, dubbed Pygmalion in the classroom. The researchers told teachers that about one-fifth of their students were unusually intelligent (so-called “growth spurters”), based on results of a fictitious IQ test. Even though the gifted students were seemingly chosen at random, these students performed…

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The 90-Minute Rule

“Human beings aren’t designed to expend energy continuously. Rather, we’re meant to pulse between spending and recovering energy.” – Tony Schwartz (source) In the late 1950’s, researchers William Dement and Nathaniel Kleitman documented that humans sleep in 90-minute cycles – from light to deep sleep and back to light sleep again. Professor Kleitman later discovered…

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When Promoting People, Beware the False Record Effect

After writing about several examples of bias from insensitivity to sample size, a former colleague asked whether I thought performance in the workplace was subject to the same bias. She observed that people were sometimes rewarded or even promoted for high performance, even if that performance was sporadic rather than sustained. She asked: Shouldn’t the…

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The Red Queen Effect Explains Why You Aren’t Getting Ahead

For much of my career, I’ve argued that people design key performance indicators (KPIs) incorrectly. One of my own favorite blogs made the case that, unless you compare yourself against some external benchmark, you might be making progress towards achieving your KPIs but actually losing ground. Simplistically, if you’re growing by 20% and the market…

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Every company needs a compelling origin story

Every company needs a compelling origin story. An origin story reveals how a character became the protagonist (or antagonist), usually providing a compelling event which explains their intentions or behavior. Comics and movies use origin stories to explain how characters got their superpowers or why they are supervillains. Recently, entertainment companies have rewritten the origins…

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