Tom SpencerWhen things go badly, the optimist is likely to respond with a reference to forces outside her control, “our competitors got lucky this time!” When things go well, the pessimist is likely to respond in a similar way, “I got lucky this time!” In both situations the person is making a call to destiny. The optimist believes that things will go well […]
Executives often rely on the advice of management consultants. Was it always this way? Where did it all begin? The management consulting industry, as we know it, originated in America. The very first management consulting firm was Arthur D. Little, founded all the way back in 1886 by a professor at MIT whose name was […]
I am currently living in Beijing, lecturing strategy and finance courses to undergraduates. One observation I’ve made is that the people here are good at identifying opportunities for profit. And I use the word profit not in a financial sense, but with the broader meaning of the French verb profiter, which means “to make the most advantage of”. This […]