-
He made his coffee of instant coffee grounds, sugar, milk, and water, just like me. He used a large mug and stirred with a teaspoon, so did I. He took around 40 seconds to prepare his coffee, me too. His coffee tasted good, mine too. But there was a fundamental difference between our two cups…
-
“I hated every minute of the training, but I said don’t quit. Suffer now and live the rest of your life as a champion.” Muhammad Ali Thinking about work as suffering now to enjoy later (during vacation or at retirement) is a world view shared by many. For the vast majority of us, it might…
-
Created by Jeff Bezos, this rule states that any innovation/task force team should not be larger than eight team members—enough to be fed by two pizzas. Often this rule is misinterpreted as a mere size restriction. However, it is more about the team’s autonomy and entrepreneurial mindset. The innovation team should operate independently and quickly,…
-
Whatever you are doing right now, if you believe in it, please… continue doing it. Without knowing, your ideas and actions might just be changing the world, right here, right now. Here are 3 examples of people who indeed changed the world without even knowing it. Vincent van Gogh Painter who posthumously became one of…
-
A few people know that the rebellious nature of Albert Einstein as a child led to his expulsion from school. He also failed to be admitted to the Zurich Polytechnic School. But these setbacks didn’t stop him from doing his groundbreaking research and winning the Nobel prize in physics. “Failure is success in progress.” Albert…
-
Management Consulting
-
Shigeo Shingo, one of the founders of the Toyota Production System, explained his insight related to the proportion of statistical analysis and problem-solving. He recorded spending ten years doing statistical quality control on defects in his production plant. He loved it. The statistical analysis of problems gave him deep insight into the type of all…
-
Few people know is that Bill Gates first company was a failure. A business called Traf-O-Data was designed to process and analyze data from traffic tapes. The business never took off. “It’s fine to celebrate success but it is more important to heed the lessons of failure.” Bill Gates Traf-O-Data was a business partnership between…
-
Grab one tennis ball with the right hand and another tennis ball with the left hand. Imagine a horizontal line a little above your eye level. Throw the ball from the right hand towards the height of the imaginary line so that it would fall in your left hand. When the ball reaches the imaginary…
-
Interestingly, the prominent and highly innovative enterprise called Amazon started as relentless.com. This website and business idea was, to a certain extent, a failure. Type relentless.com into your web browser, and you will still land on Amazon’s website. Relentless still represents the mindset within the organization. Even though Amazon has reinvented numerous business models, its…