More than six years ago, I created a wordle of my 10 most popular blog posts. Back then, word clouds were relatively new and I thought it was an interesting way to explore what I had been writing about. Some words were expected – performance, scorecard, objectives, strategy, metrics. Others were a bit more surprising –…
Archive | June, 2015
How to Make Better Decisions
I always ask aspiring business people: How do you beat Bobby Fischer, the renowned chess champion of the 1970’s? The Answer: Play him at anything but chess. This excerpt is from the second chapter of Seymour Schulich’s book, Get Smarter: Life and Business Lessons. Schulich is a self-made billionaire and one of Canada’s greatest philanthropists, having…
History might not be the greatest teacher
The Lucretius problem is exacerbated by the fact data captured in the past is not necessarily as reliable or as complete as data captured today. As a result, historical data includes bias or variability.