Sun-Tzu’s 5 Factors for Victory and 5 Attributes of a Leader

I just watched Thomas Hyunh speak about his lifetime obsession with Sun-Tzu, the 2,500 year old Chinese General, at Authors@Google (video at the bottom of this post).   Sun-Tzu was only 30 years old when he led the smallest region of China to victory over the largest region.  This victory made him famous, and made … Read more

The Real Reason Why Audiences Love Reality TV

I was watching the UK version of the TV show “The Apprentice” a few months ago.  This particular week’s challenge was to sell caravan and camping equipment at a trade show. Early on, there was a key decision to make: Which model of caravan would the team try to sell? Now, this was a trade … Read more

Deserving Money? 4 Millionaires Earn and Spend.

Photo Credit: RainerSchuetz
Photo Credit: RainerSchuetz

The 4 Millionaires

Four millionaires are sitting on a park bench.  Its a sunny Thursday morning.  While many others are working the 9 to 5 routine, George, David, Jonathan and Paul are relaxing in the park.

As you look at George, David, Jonathan and Paul nothing much stands out.  4 standard guys in a park.  They don’t flaunt their money.

However, they took four very different routes to get the money.

Paul bought a lottery ticket on a whim about 7 months ago.  The ticket won.  He became an instant millionaire.

Jonathan had a distant relationship with his parents as a child.  He spent his adolescence in boarding schools.  His family would gather on Christmas, but the relationships were not deep.  5 months ago his parents passed away.  When the will was read, Jonathan discovered that he received a million.  Another instant millionaire.

David set up a company 7 years ago.  He has worked hard.  Over the years the company grew in employees, grew in clients and grew in value.  2 years ago a US company contacted David about working more closely together.  This year that US company made an offer to buy-out David’s company.  Another millionaire.

George joined a bank after graduation.  He suffered through the painful early years giving 120 hour weeks, but he learnt how to work the system.  He has moved steadily up through the ranks and this year finally made it into the upper echelons.  His bonus this year: about a million.

Who Deserves?

What do you think about Paul, Jonathan, David and George?  How do you judge their path to wealth?  Is lottery worse than inheritance?  Is banker worse than entrepreneur?

Who, in your opinion, has the most “Right” to their money?

Read more

Conformity and Submission to Authority (“Willful Blindness”)

I am sitting in the auditorium at IESE Business School listening to Margaret Heffernan speak about her book “Willful Blindness”.  She is a wonderful speaker, sharing both clear framework of ideas and specific personal experiences. I have scribbled about 5 pages of notes on her material, but will limit this blog post to discuss two … Read more

Failure is Carelessness, Success is Consistency

Failure is Carelessness, Success is Consistency This Sunday I was at the Aviva Stadium in Dublin to watch the key Six Nations Rugby game between Ireland and England.  England won. The Irish guy sitting next to me says: “We were by far the better team.” I said “The score doesn’t show that.  We were more … Read more

The 3 Hardest Words in Management

What are the 3 words that managers find hardest to say? They are possibly the 3 words that parents find hardest to say to children.  They are 3 words that teachers very rarely say to their students. They are not “You’re the Best”. They are not “I love you”.  What might they be? The 3 hardest … Read more

Amazon Staff Meetings: “No Powerpoint”

“We have study hall at the beginning of our meetings.” says Jeff Bezos. Staff meetings at Amazon begin with 30 minutes of silent reading. Powerpoint is easy for presenter, hard for audience “The traditional kind of corporate meeting starts with a presentation. Somebody gets up in front of the room and presents with a powerpoint … Read more

Interview: Manel Baucells, Author of Engineering Happiness

Manel Baucells was the favourite Professor amongst students when I did my MBA at IESE Business School.  He taught Decision Analysis.  There are certain types of situation under which humans will take poor (rational) decisions.  We study this subject so that we can reduce the likelihood that we will take similar poor decisions under similar … Read more