Taking the lazy way out, here are some links that I found educational. And a couple snarky comments thrown in at no charge.
- My man Nassim Taleb gets angry with a Bloomberg article. And check out commentary here. Taleb is a sensitive guy, and a bit extreme in his views, but he’s still the man. Even if he was taken out of context, I think his point about the US deficit putting us at risk is an important point, even if I want no parts of the political debate here on the TPS report.
- WSJ reports on a Booz-Allen study that says that CEO’s hired from within last longer and do better for shareholders. I think there is something to be said for an insider being better positioned to gain support for change. He/she knows who the power brokers are. Plus, it unmasks the prima donna effect – it takes a team and a leader that makes it more about the team than about himself/herself. Having said that, this is a good example of rationalizing after the fact.
- Taleb talks about the danger of centralization…kinda goes along with the point raised by the TPS report the other day regarding not being able to rationally plan or centrally dictate a “complex” entity such as an economy.
- Who’s going to win the mobile ads race? I’ve got one idea on how, but clearly, the crowd will make a solid decision.
- Jeff Haden weighs in on business cliches. He hits home on a couple, and draws a couple shoulder shrugs. Implicit in number 6, “transparency” is a solid message. Leaders that are not upfront or try to hide real motivations are quickly discovered. “Pulling levers” is as ineffective as it is demotivating. On the other hand, face-to-face “telling it like it is” builds trust.
- Google building Nexus 7 tablet. I’m still happy in my iWorld. Our ability to come up with ways of locking others in has outpaced our rational decision-making.
- Jason Busch provides some praise for Ariba’s business decisions leading up to its acquisition by SAP.
- Nassim Taleb’s New Comments On Europe Are Causing People’s Heads To Explode (businessinsider.com)
- Nassim Taleb Is ‘Massively Angry’ As He Explodes At Bloomberg For Taking Him Out Of Context (businessinsider.com)
- Nassim Taleb Compares ‘Incompetent’ JPM to the Mafia (silverdoctors.com)
- A little more signal, a lot more noise (roughtype.com)
- Black Swan Event … (tarpon.wordpress.com)