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Top 10 Cognitive Biases that Affect Strategic Planning

LSA Global

Cognitive Bias and Strategy Planning. There is arguably no more important responsibility of business leaders than to develop a clear, believable, and implementable strategy for their enterprise that will lead to success. New strategies often call for new behaviors and new ways of thinking. Confirmation Bias. Groupthink.

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How to Transform Positive Thinking into Positive Living

Rick Conlow

P urpose-Clarify and crystallize your beliefs on this one question: How do you want to make a constructive difference in this world? O pportunities – Get involved in learning opportunities: How can you develop your skills and talents to do the above? Now, what step will you take today to prove it?

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You Don’t Need to Be a Silicon Valley Startup to Have a Network-Based Strategy

Harvard Business

But platforms and networks can be developed in many different ways. But most successful companies used electricity and motors to reinvent their existing businesses, whether in manufacturing, transportation, or construction. The business press tends to focus on “pure-play” platforms like Facebook, eBay, and PayPal.

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How the Architecture of Hospitals Affects Health Outcomes

Harvard Business

Unlike design thinking, an iterative process for developing alternative ideas and strategies based on understanding a “user” and a specific problem, social design addresses the needs of whole communities or societies. It refers to the design of relationships, including those that are invisible and intangible.

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A Tool to Map Your Next Digital Initiative

Harvard Business

To develop a BDN, you work backwards, or right to left, from the agreed investment objectives and the expected benefits, and map the required changes to structures, processes, work practices, and how staff would need to work through to the new technology necessary to enable and sustain those changes. Insight Center. Sponsored by Accenture.

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What's Behind the Plunge in Oil? Winners and Losers? Boon to Spending or Recessionary?

MishTalk

Helm dismisses peak oil, I don''t (and to a certain extent he misses the construct), but much of the rest of what he has to say is accurate enough. And with this plunge in oil, new development has come to a halt. China is slowing down and developing alternative supplies. After all, that''s what peak oil is about.

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Research: Index Funds Are Fueling Out-of-Whack CEO Pay Packages

Harvard Business

This sweeping development known as “common ownership” – the same firms owning the competing firms in the same industry – is relatively new. On average, common ownership concentration has almost doubled in the last 20 years in the construction, manufacturing, finance, and services sectors.