Opinion Forum

Cognitive Biases Are Bad for Business

May 20th, 2013

By Dr. Jim Taylor The conventional wisdom in classical economics is that we humans are “rational actors” who, by our nature, make decisions and behave in ways that maximize advantage and utility and minimize risk and costs. This theory has driven economic policy for generations despite daily anecdotal evidence that we are anything but rational, […]

Articles written by Dr. Jim Taylor
Tags: business, cognitive bias, decision making, ego, information, rational
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Ego in Business: There Is an “M” and an “E” in Team

November 26th, 2012

By Dr. Jim Taylor The San Francisco Giants’ surprising World Series victory in October led to mass celebration and ticker-tape parades in the City by the Bay. It also produced the usual theorizing about how a team could go from being down 0-3 in the National League Championship Series to sweeping the favored Detroit Tigers […]

Articles written by Dr. Jim Taylor
Tags: accomplishment, business, competition, ego, organizations, success, team
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Green Businesses: Redefining the Bottom Line

November 9th, 2012

By Jan Barry General Motors has set a different kind of bottom line for car companies, reducing and reusing waste material to zero at more than half of its manufacturing plants around the world. PepsiCo’s Frito-Lay is taking similar action in food manufacturing, building what it calls a “netzero” plant in Arizona designed to operate […]

Articles written by Jan Barry
Tags: business, environment, GM, green, recycling, sustainability, Volt, waste
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Economic Theory, Reality and President Obama

September 25th, 2012

By Dan Miller Dangerous disconnects and hatred are endemic. When in college, I majored in economics and enrolled in the honors program. That required that I write a paper on an aspect of economics. My field was micro-economics, how business works, and I elected to write my paper about the automotive replacement parts industry. My […]

Articles written by Dan Miller
Tags: business, growth, Okun, private, public, reality, theory, unemployment
Categories: Economics, Politics | Comments (0) | Home

8 Dimensions of Crisis Mastery

September 6th, 2012

By Dr. Jim Taylor My work in the business world, that has included helping companies survive crises of all sorts, has revealed eight dimensions that distinguish those who respond well to a crisis from those who don’t. Your ability to reject the crisis mentality and cultivate an opportunity psychology depends on your developing these essential […]

Articles written by Dr. Jim Taylor
Tags: behavior, business, change, crisis, culture, emotions, leadership, vision
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