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The power law in consulting
A recent article in Booz & Company’s strategy + business magazine draws attention to some fascinating academic research on how power affects decision-making. We already know (from other research) that the quality of decision-making declines when people depend on their own beliefs and ignore the advice of others: “outside information helps ‘average out’ the distortions [...]
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In the BBC’s The Life Scientific professor and physicist, Jim Al-Khalili, quizzes scientists about their backgrounds and about what spurred them on to success, often in the face of ostensibly insuperable odds. It would have been very easy for these to be fairly anodyne conversations, but Al-Khalili doesn’t duck the difficult issues, as when he [...]
The thing about a double, whether an espresso or a recession, is that it implies that the second experience is the same as the first – and that’s a mistake. The 2009 recession in consulting was, while shocking, not unexpected. It took a while for the full fallout from Lehman’s demise to be felt by [...]
Watching yet another presentation from yet another social media expert I’m suddenly overcome by a wave of…something. Is it anger? Well yes, in part. Frankly I’m fed up of the consensus being peddled by people who have set themselves up to profit from these things that if I don’t get with the programme where social [...]
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