Commentaries
In an article that first appeared in the Harvard Business Review in 1993, Peter Drucker identified what he characterized as “the five deadly business sins.” They are: 1. The worship of high profit margins and of “premium pricing” that always…
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In DRiVE, Daniel Pink reveals what he characterizes as “the surprising truth about what motivates us.” For example, he examines “the mismatch between what science knows and what business does. The gap is wide. Its existence is alarming. And though…
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Lily Tomlin is a comedienne, actress, and writer. She was born on September 1, 1939, in Detroit, Michigan. Over the years, she has made people laugh with her humorous characters from the child Edith Ann to the snarky operator Ernestine.…
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In Brand Sense: Sensory Secrets Behind the Stuff We Buy, Martin Lindstrom notes that “the effects of sensory branding are astounding. Yes, it’s possible to create a truly spectacular commercial or an advertising jingle you can’t get out of your…
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Here is another valuable Management Tip of the Day from Harvard Business Review. To sign up for a free subscription to any/all HBR newsletters, please click here. * * * No one likes to manage unhappy employees. They can be…
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While exploring the resources at the IBM website, I came upon several videos that you can check out by visiting YouTube. In these videos, IBM’s SyNAPSE team explains the hardware, software and science that form the foundation of their cognitive…
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There is no shortage of business advice about how to get off to a fast start during the New Year. Not so fast. The Roman emperor, Augustus Caesar, is generally credited with offering this advice to his generals: “Festina lente.”…
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In The Economics of Integrity: From Dairy Farmers to Toyota, How Wealth Is Built on Trust & What That Means for Our Future published by harperstudio/HarperCollins, Anna Bernasek provides “a tool kit for creating more integrity anywhere in the economy. When policymakers are thinking about changing health…
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In the Introduction to Crossing the Divide, published by Harvard University Press (2009), Todd L. Pittinsky explains that allophilia is “a term for positive feelings of kinship, comfort, affection, engagement, and enthusiasm concerning members of a group different from one’s…
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William Gibbs: “The Turd Seller”
As revealed in The Best of Business, a book published by The Economist in collaboration with Pegasus Books in 2009, William Gibbs (1790-1875) became an exceptionally wealthy man by selling guano, seabird dung, that is rich in nitrates and phosphates,…
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