A bank sign on top of a high rise building
Business and Economics

How Banks Endanger The Financial System

July 3, 2017

After the global financial crisis of 2008, regulators in a number of countries proposed rules to insulate traditional banking (taking deposits and making loans) from the risks associated with other financial services. […]

Businessman playing chess game reaching to plan strategy for success
Business and Economics

Games That Businesses Play—3 Famous Examples of Failed Business Strategy

April 10, 2017

Sun Tzu reminded us of the importance of analyzing your enemy, understanding your competitor. This is crucial in business strategy, as well as in the military. Strong businesses put themselves in the shoes of their rivals, and they try to anticipate how those competitors will react. And they use that information to help them plot a more effective strategy. […]

sorry we are closed sign hanging outside a restaurant, store, office or other
Business and Economics

Maintaining a Healthy Company: How Businesses Sustain Competitive Advantage

March 31, 2017

Imagine that you are working in or leading a very successful company. Your investors are enjoying attractive returns. You’re producing strong earnings, and you have competitive advantage over your rivals. I have a harsh truth to share with you. You’re unlikely to be on top a decade from now. […]

Friends around a table share data.
Business and Economics

Is Little Data The Next Big Data?

March 19, 2017

Is personal quantification (little data) the next evolution of the Big Data revolution? Is our addiction to analytics leading us astray? […]

Concept for studying triggers in behavioral economics
Business and Economics

Behavioral Economics: How “Triggers” Affect Your Decisions

February 15, 2017

A trigger is any stimulus in the environment that makes us think about a related concept or idea. How do businesses and marketing professionals use this psychological phenomena to their advantage? Welcome to the world of behavioral economics. […]

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