There is a mismatch between what science knows and what business does DANIEL Pink puts forward the idea that there is currently a mismatch between what science knows and what business does. Pink presents the Candle Problem, an experiment invented in 1945 by Karl Duncker. The experiment works as follows: I bring you into a room […]
An economic indicator is any statistic (e.g. the unemployment rate or GDP) which indicates the past, current or future strength of the economy THERE is talk about town and in the media of an economic upturn in the final quarter of 2009 – “banks are lending, consumers are buying, and companies are hiring.” While it […]
EXECUTIVES often rely on the advice of expert management consultants. Was it always this way? Where did it all begin? The very first management consulting firm was Arthur D. Little, founded all the way back in 1886 by a professor at MIT whose name was (funnily enough) Arthur D. Little. Almost 30 years later, Booz […]