We’ve been saying it for years, but now even the Harvard Business Review is saying that MBAs need to update their programs. The article quotes Scott Cook, founder of Intuit: “When MBAs come to us, we have to fundamentally retrain them — nothing they learned will help them succeed at innovation.” The HBR article goes […]
Cause and Effect Reasoning Is an Essential Skill for Leaders
An article in the Harvard Business Review draws attention to the problem of confusing correlation with causation. “Western management has failed to understand cause and effect” W. Edwards Deming Mistaking correlation for cause can be dangerous.because it prevents us from understanding reality. Most importantly, if we do not nurture the ability to think cause […]
The Great Resignation – Companies Must Offer Meaningful Work
An article in this week’s Time Magazine states ‘Young People are Leaving their Jobs in Record Numbers – And Not going Back‘. The ‘Great Resignation” as it has been nicknamed reflects large numbers of people choosing not to recommit to regular jobs. This is bad news for companies who may not be able to find […]
20/20 Foresight? How Decision Makers Can Look Ahead for Unintended Consequences
How to think is not a skill that we learn at school, or even university. We take it for granted that by receiving an education we also receive information about using our brains in a more effective way. Sadly, every day we live with the consequences of poor decision making at every level, government, corporate […]
The Theory of Constraints on Wall Street – a SPAC Experience
This post is by Angela Montgomery, author of ‘The Human Constraint‘. Many people lump the Theory of Constraints together with Lean and 6-sigma as “techniques for continuous improvement”. This is a woefully inadequate perception of the Theory of Constraints (TOC). In all our publications we attempt to illustrate the universal scope of Dr. Goldratt’s achievement […]
How CEOs Can Expand and Compete with a Collaboration Culture – a Systems Approach
Many CEOs know that their organization has the potential to multiply its results but they are stuck in a bind: they must expand but they must also control and manage risk in the way they operate. Result: the company is unable to express its full capabilities. Moreover, it is harder than ever to compete. There […]
Is the Theory of Constraints Systems Thinking?
Someone reading our business novel ‘The Human Constraint’ asked us if the Theory of Constraints is different from Systems Thinking so we would like to address that in this post. It is a particularly relevant question this week when an Italian physicist, Giorgio Parisi, was awarded the Noble Prize for his work on complex systems. […]
A Systems Approach to Change – The Thinking Processes from the Theory of Constraints
As a new season begins, we are reminded of the constancy of change. How can we manage change in an organization, including the emotions involved, in a way that is structured, monitorable and effective? This post is by Founder of Intelligent Management Inc. Dr. Domenico Lepore. The Thinking Processes from the Theory of Constraints (TOC) […]
Beyond Our Senses – What CEOs and Leaders Can Learn from Pilots
It’s been a while since many people have been on a plane, but now that some international restrictions are being lifted, it’s time to start planning trips again where they are strictly necessary. The same goes for the team at Intelligent Management. Like so many companies, we have shifted our activity online and it has […]
Changing the Conversation with the Customer to Achieve Win-Win Sales Part 2
One of the greatest opportunities that businesses have today lies in changing the conversation with their customer to alter the perception the customer has of them in a positive way. This sounds like a good idea but how can you actually do that? Fortunately, there is a highly effective and structured way that we can […]
