Ever wonder why you seem to come up with your best ideas when you’re in the shower? Research titled ‘Inspired By Distraction’ claimed you become more creative in your problem solving when you’re doing simple tasks which allow your mind to wander. The authors wrote, “Compared with engaging in a demanding task, rest, or no…
Archive | Business
The Availability Heuristic Impacts Decision Making
The availability heuristic is a cognitive bias which describes our tendency to use information that comes to mind quickly when making decisions. If we think of something quickly (i.e., it’s more available to our memory), we assume it’s a more frequent and more probable event. If we have a harder time thinking of something (less…
The Blanding of Brands
If branding is the art of differentiation, blanding might be the science of imitation. We’re witnessing the blanding of brands. Blanding, a term coined in 2018, happens when a challenger brand drafts on the brand recognition of a larger and more established competitor by using similar brand identification (fonts, colors, imagery). Blanding was popularized by…
The Firewood Fallacy
Whenever an expert makes a claim they cannot support with data, I’m reminded of the firewood fallacy. Firewood fallacy is a term I coined earlier in my career after being frustrated by how many organizations suffer from group think. Decisions are often made based on institutional knowledge or hearsay, rather than independent research or data….
Stop Glorifying Cheerful Superheroes And Value Quiet Safeguarders
Businesses should stop glorifying cheerful superheroes and emphasize the quiet safeguarder. Cheerful superhero is my term for those people who sweep in to fix a problem after it’s occurred, often with a loud noise and a smile on their face. They don’t complain about cleaning up other peoples’ messes, partly because they thrive on restoring…
Shrinkflation Has Become Endemic
Shrinkflation happens when companies keep the price of an overall package the same while reducing the size or quantity of the items in the package. The word is a portmanteau of the words shrink and inflation. The first use of the term is often attributed to Pippa Malmgren. Shrinkflation is a sneaky way to combat…
Clear Communication Avoids The Gift Horse
“Never look a gift horse in the mouth.” On a recent video conference call, a speaker used the gift horse idiom, much to the confusion of many of the attendees. For those who may not be familiar with the expression, it suggests people should not find fault with something that has been received as a…
Negotiated Givers Might Be The Best Employees
While talent, hard work, and passion are important characteristics for high performance, business success is increasingly dependent on how employees interact with others. In a team environment, so-called negotiated givers might be the best employees. In the best-selling book, “Give and Take: A Revolutionary Approach to Success,” Wharton professor Adam Grant describes three different workplace…
Why aren’t there more women programmers?
We know software development is a male dominated profession but it’s difficult to gauge how bad the imbalance is. Nearly 92% of the 82K developers who responded to a 2021 global survey reported being male but that could be due to a response bias. Separately, an on-going yearly survey shows about 21% of computer programmers…
The Pencil Collaboration
In the middle of a wide-ranging conversation about remote work and creative collaboration, a friend blurted out “The pencil proves remote collaboration works!” It was an esoteric claim but one that makes a strong case. Let’s call it the pencil collaboration. Way back in 1958, an economist named Leonard Read wrote an essay called ‘I,…