Good management consultants follow the scientific method A GOOD scientific experiment will follow 7 steps. The type of science can change: biology, chemistry, physics, mathematics, computing, management consulting – but the steps remain the same. 1. Aim Clarify the questions that the organisation is trying to answer: Who, What, When, Where, Why, How? For example, the organisation may […]
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5 Principles for Value Investing
WARREN Buffett is the world’s most successful value investor. Very few people have ever managed to achieve his level of investment success. The interesting thing about that fact is that there are only a few simple principles that you need to know if you want to be a successful value investor. Stick to your Circle […]
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Quantitative Easing
Printing money is the last refuge of failed economic empires and banana republics QUANTITATIVE EASING is a monetary policy tool sometimes employed by central banks to stimulate the economy when conventional monetary policy becomes ineffective. To stimulate the economy, the central bank normally carries out expansionary monetary policy by lowering short-term interest rates through the […]