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Blog / ChangeThis

Acceptable Loss: A Formula For How to Fail Quickly and Cheaply, and Ultimately Succeed

By Paul B. Brown

"If you looked at the way entrepreneurs act, you would be tempted to conclude there is not a lot to be learned from studying them. You would have to be Bill Gates to start Microsoft and Oprah Winfrey to begin Harpo. But if you look at the way they think, you will discover amazing similarities. When successful entrepreneurs head off into the unknown—and there is nothing more unknown than starting a new company—they ... reduce it to a formula. They: Act. Learn. Build (off that learning.) And Repeat. But notice what is going on, because the steps are small, and so is what it puts at risk. It's a way of keep potential failures from being devastating."

Categories: changethis

June 10, 2015

Blog / ChangeThis

Leadership Muscles For The New Multi-Polar World

By Gurnek Bains

"Globalization until very recently meant Western companies exporting their products, leaders and ways of doing business around the world. That is now changing and today executives face a bewildering level of uncertainty in the multi-polar world that is fast emerging. If you are doing business in Africa, you are now likely to face significant competition from local players, as well as from Indian or Chinese companies that have emerged onto the global stage. The leadership teams of many multi-nationals were often literally a pale reflection of the international community, but slowly increasing diversity is evident in boardrooms and senior teams. But how do you deepen this diversity and make it work productively? ... A range of convergent evidence from neuroscience, behavioral genetics, values surveys, as well as our own research with thousands of leaders globally, identifies certain Cultural DNA themes for each of the world's main societies and their associated leadership implications."

Categories: changethis

June 10, 2015