digitaltonto

The modern practice of change management is still deeply rooted in Kotter’s original 1995 Harvard Business Review article. Yet the only evidence he cites is his own observations. From his subsequent writing, these appear to be case studies based on executive interviews. There doesn’t appear to be any significant effort to control for his own biases, those of his subjects, or ...

George Soros made a fortune betting against conventional wisdom. When the British government committed to keeping the pound pegged to the German mark, he bet against it and earned a billion dollars. He later pulled off similar trades against the Thai baht and the Japanese yen. Where others saw a boom, Soros saw a bust right around the corner.

His secret weapon was a th...

People tend to think of innovation as a single event, like when Alexander Fleming, returning from a summer vacation, noticed that a strange mold had killed his bacterial cultures and, studying the matter further, discovered penicillin. What is rarely mentioned is that what Fleming discovered had no practical value and couldn’t have cured anyone.

It was just a mold secr...

One way of looking at AI is that it consists of three components: compute, algorithms and the learning corpus. Compute is all those chips in the data centers. Algorithms are the instructions embedded in the software. And the learning corpus is the body of material the system learns from.

When you use AI, the learning corpus is the most important thing you have control ...

People tend to become leaders by first becoming great performers. In school, they raise their hands first and give the right answers. As they begin their career, they learn to speak up in meetings, deliver slick presentations and develop smart strategic plans. They work hard, push their teams harder, and do what they think they need to do to win.

Yet leadership isn’t a...