With high failure rates being the acknowledged inevitable cost of entrepreneurial activity, examining why this is so is important. Could improving the decision-making process associated with developing and building new enterprises be the key? In this Idea, applying ‘evidence-based management’ (EBM) to avoid failure is encouraged. EBM emphasizes gathering and paying attention to data, understanding […]
Read More… from How Evidence-Based Management Reduces Entrepreneurial Risk
In recent years, the capability to lead teams under extreme pressure has become an important asset for leaders. In fact, developing competencies that can assist in leadership during a crisis is now mandatory. With greater natural demand, business schools have been challenged to reconsider and revisit the characteristics and challenges of crisis leadership; with near […]
Read More… from Crisis As Opportunity: Leadership, Change and Renewal
Any one of us can fall prey to ethical fading or cognitive bias and any one of us can make an inappropriate decision without realizing. These are not the sole preserve of ‘black hat’ managers or ‘the bad guys’. These are challenges faced by top management teams the world over as they strive to create […]
