Dive into the archives.
- Working Knowledge Initiative. Transforming the sunk cost of job loss.
Peter Goodman reports in today’s New York Times that the underemplyment rate– including the jobless and those working part time though desirous of full-time work– has reached 17% of the workforce. That’s up from even a week ago . Pausing for a moment both to reflect on the despair of economic dislocation and to ask, [...]
- The Financial Psychology of Everyday Life
All of us responsible for steering families and loved ones through the increasing tangle of income, saving, and investment, should take a look at Mohammed El-Erian’s “Comfy old ways will not see us through” in today’s FT. He reminds us that we operate with incomplete and wrongly-framed valuation models which themselves focus on growth expectations [...]
- Working Knowledge Initiative. Exercise 2 for Reluctant Entrepreneurs.
Eight arguments against trying the Working Knowledge Initiative and one reason for. 1) The premises of WKI are unreliable, untested (by me), and might discount my view of reality. Its something new— I’d prefer the tried and true. There’s nothing really wrong, anyway. Things will get better. I’ll wait to find work. 2) If my [...]
- Learning From Cases: 1. Emotional Learning as Value
Recent consultations with clients have converged in an exciting empirical finding. Focusing upon significant emotional and vocational transitions at midlife, we have often inventoried both material assets and knowledge assets at different life stages. With the financial markets bubbling up 50% above their recent lows, clients seemed curious about looking back over adulthood and quantifying [...]
- Composing a Language
One of the results of studying different disciplines– clinical psychology, psychoanalysis, group relations, business administration, organizational development, and industrial-organizational psychology—is a parochial confusion of tongues. What one discipline holds as the meaning of a word or concept is not its understanding within another, related discipline. For example, “personality” within the i-o world conjures the very [...]
- Green Shoots of Knowledge
Something looked terribly familiar about the article by Gillian Tett in the Financial Times. It nagged at me for a day until I checked back in my blog archives and found that I’d been thinking along the same lines— that the models we use to understand our business world seem to be broken. That means [...]
- Making Sense of This Non-Depression
Woke up this morning to the radio announcer’s chirp confirming that the Recession was over and that most economists agreed. OK, it won’t be reflected in employment statistics, and there will be a lot of people out of work, but things are good. We’ll see by the Third Quarter. The S&P is over 900, the [...]
- The Real Stressed Bank Test
My client was stressed. “The banks (or most of them) got a clean bill of health, “ he began. “The market is in a buying frenzy,” he continued. “Then why did my business loan just get denied?” He’d returned from a visit to his bank, the US branch of a famously solvent European outfit; and [...]
- Fixing the Financial System: The Bank of England’s Systemic View of Organizational Behavior
Andrew G. Haldane , Executive Director for Financial Stability of the Bank of England, delivered a remarkable paper at the April 2009 meeting of the Financial Student Association, in Amsterdam. Entitled, “Rethinking the Financial Network”, its deserved acclaim in the world press concerns its reliance on the study of complexity in natural systems: from epidemiology [...]
- Introducing the NYC Cooperative Building as a Multi-Family Business
The New York City Cooperative is a multi-family business. Assets from multiple families are invested into shares, bought and sold in a competitive market, and allocated for shareholder use, into discrete apartment units, represented by share holdings of varied size. The purpose of the Cooperative is to furnish a home for its shareholders. Secondarily, it [...]
