Who are your “Passive Mentors”? Mentors make a big difference in my life. There are 2 types of mentor: Active and Passive mentors. Active mentors are those that you meet in person, interact with and get to know. Passive mentors are those that you learn from without them knowing. Book authors are one of the … Read more
“It’s extremely difficult to do something big. I think setting out to do something small is easier and more likely to work.” Seth Godin If you are reading this, I will assume that you writing a book or are thinking about writing a book. What is holding you back? What obstacle sits between you and … Read more
In the last issue of IESE Insight magazine, Carlos Ghosn offered three key lessons he has learned during his career. First, he said, “Every problem has a solution,” but business leaders have to be prepared to pay the personal or collective price that will come with a given solution. Second, things have to get worse … Read more
“Art is the elimination of the unnecessary.” Pablo Picasso I finished a wonderful 3 day seminar this week in Madrid with 30 directors ranging from industries as diverse as agriculture, to mobile handset makers, to pharmaceuticals to drinks. The course began on Tuesday morning at 9am as the participants introduced themselves, their challenges and their … Read more
There are two types of ignorance: Deliberate Ignorance and Understandable Ignorance. Understandable Ignorance A non-financial expert is not expected to know how to calculate discounted cash flow valuations for publicly listed firms. A European is not expected to know how baseball scoring works. A non-programmer is not expected to understand the syntax of C++ or php … Read more
Experts get it wrong. The price we pay in trusting experts to take the important decisions for us is huge. We don’t like uncertainty. Experts give us a sense of certainty. I don’t know what to do with my savings. I go to a financial “expert”. He tells me what to do. I hand it … Read more
This is relevant for anyone who communicates regularly from a position of authority – doctors, scientists, professors… 3 Types of Experts I have had several people who have expertise say to me “but I haven’t been successful myself”. Toni Nadal isn’t better at tennis than Rafa, but he knows how to get results. Michael Porter … Read more