Strategy discussions often end with a familiar conclusion: the strategy is sound, the direction is clear, and now the organization simply needs to execute. When things fail to materialize, execution is treated as the problem. The thinking goes that the strategy was right, but the organization did not follow through. This framing is comforting, but […]
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Mankiw’s 10 Principles of Economics
Economics is about decision making in situations of scarcity ECONOMICS is the study of how individuals, firms and government make decisions to manage scarce resources. What does this mean exactly? Professor Greg Mankiw teaches economics at Harvard University and is the author of a popular economics text book called Principles of Economics which is used at many Ivy League […]