Go back to your own experience: 8 to 10 months into the integration process (after a merger or an acquisition), the momentum seems to slow and difficulties surface. Michael Newman and I researched literature to see whether or not the observation our colleagues and I...
Wikipedia provides the following definition for the psychological phenomenon known as Loss Aversion: “In economics and decision theory, loss aversion refers to people’s tendency to strongly prefer avoiding losses to acquiring gains. Some studies suggest that...
In a recent discussion, a psychiatrist friend of mine elaborated around the notion of “choice” and I found it particularly relevant to our professional lives: “Many people at the executive levels display one form or another of perfectionism. They are therefore very...
Our success comes from being smart; yours is simply due to luck. We benefit from our carefully crafted strategies; you just happened to be in the right place at the right time. We are confident; you are arrogant…. Dismissing the opposition is a comforting pastime, but...
I am profoundly grateful to those wonderful people who manage to summarize otherwise long and repetitive business books, in an article of 4 to 6 pages. A great company for this is obviously “Executive Book Summaries” (and now you know how consultants appear to find...