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Entries in change management (11)

Thursday
Nov202014

Are strong opinions that useful?

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Firmly held ideas don’t have a great track record.

Strong opinions have little to commend them. They’re correlated with high blood pressure, anxiety and depression. Psychological studies say they are associated with ego rather than evidence and can be blamed for poor decision-making in times of stress.

Yet we all have opinions, some of them quite useful. Where is the line between dysfunctional self-belief and a healthy point of view?

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Tuesday
Oct072014

Picking Winners

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Making decisions in times of rapid change

Why do managed funds invariably underperform the stock market? Even hedge funds – allegedly run by the smartest people in the room – have pretty poor performance.

Despite rigorous analysis, their decisions are still a guess. What’s more, it’s not a guess about whether they are right. It’s a guess about whether or not other people think that other people will think they are right.

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Tuesday
Jul292014

Work happens to be part of life

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Is work-life balance such a good idea?

It has a nice ring to it, like it’s a state of calm. In the office, we’d competently manage stressful issues. At home, the family room would overflow with fulfillment.

Yet the conversation is never balanced. The focus is always on time, mainly a demand for more of the free variety. Work is the enemy, somehow divorced from life rather than an integral part of it.

Other judgments intervene. Women feel guilty of being absentee parents. Men feel they should be more than just providers. The conversation gets hijacked by working mother arguments.

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Tuesday
Apr082014

Blowing your inheritance

Managing your DNA in business and life.

Genetics have always been a good excuse. We often hear it. “There’s nothing I can do about it. It’s the way I am.”

Sometimes, that’s a good thing, like healthy acceptance; other times it’s resignation and disempowerment.

You hear the dichotomy in business with statements like: “We are really good at doing this” versus “This is the way we’ve always done it.”

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Tuesday
Mar252014

Fast Leadership

A random walk through the leadership maze.

Search “leadership” on Amazon and you’ll find several thousand books on the subject. Even more than on “How to make a million in real estate”.

Many are all well argued. Some draw on great historical examples, others quote celebrity CEOs. A few are inspirational. Yet most are hard to put into practice. With leadership, as with real estate, there’s no silver bullet.

What if you just need to get on with it?

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