Categories
Learning

Learning From Your Mistakes

Are you? THE scientific method is a formal way of investigating the world by testing your guess about a certain situation, correcting your mistakes, and thereby improving your understanding of the world. If something doesn’t work out for you, do you get angry? Or do you ask yourself, “what went wrong in this experiment?” Learn, grow […]

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Economics

The Tortoise and the Hare

Stable growth is often more important than fast money SINGAPORE is on the rise as a wealth management hub with funds under management growing by 22% in 2012 compared with around 5% for Western Europe as a whole. The disparity in growth rates is large, and the FT has attempted to narrate a story that fast […]

Categories
Economics

Balancing the Scale

Scale improves productivity but also increases bureaucracy Scale can help a company to produce more output at lower average costs. However, production at scale also leads to unhelpful bureaucracy. As production rises, more employees are needed and executives implement more rules to keep things under control. Increasing production tends to lead to higher cash flows, and managers […]

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Consulting Industry

2013 List: Global Strategy Consulting Firms

List of Global Strategy Firms for 2013 BELOW is a hand-picked list of leading Global Strategy Firms. The litmus test we used to decide whether a firm is truly “global” was whether it has an office in Sydney. A fair litmus test? Maybe not, but seeing as Sydney is at the other end of the earth you […]

Categories
Excellence

Warding Off Ghosts

Hint: this post has nothing to do with ghosts HAVE you ever seen a ghost? Or been told a ghost story by someone who claims to have seen one? I recently had a conversation with a friend who explained to me that his apartment is inhabited by an unfriendly ghost. How do you ward off a […]