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What is Occam’s Razor
Is it Ockham or Occam? In philosophy, a razor is a principle that allows one to eliminate or shave away unlikely explanations to a logical problem, thus avoiding unnecessary considerations. Occam’s razor, also spelled Ockham’s razor or Ocham’s razor, is a problem-solving principle stating that when presented with competing theories as possible explanations for the
Recruiters Can Build or Damage Your Brand
A recruiter calls a talented engineer about an opportunity at your company. The conversation is rushed. The recruiter mispronounces your company name and can’t really explain what you do. The engineer declines, then tells three colleagues to avoid your firm. One of those colleagues was considering your company for a consulting project. Your recruiting partner
7 Rules to Effective Business Meetings
Most executives spend 20 to 50 percent of their time in meetings. Much of that time generates little value. Poorly run meetings delay decisions, waste resources, and erode team morale. The cost compounds when the wrong people attend, agendas drift, or follow-through fails. Effective meetings optimize productivity and improve the quality and timing of group
Applying the Broken Window Theory in Business
The Origin In 1982, James Q. Wilson, an American political scientist and professor at UCLA and Harvard University, and George Kelling, an American criminologist and professor at Rutgers University, published an article in The Atlantic titled “Broken Windows: The Police and Neighborhood Safety“. In it, they observed that disorder and crime were inextricably linked and
Hire an Executive Coach to Win
World-class athletes rely on coaches to stay sharp. So do many of the world’s top CEOs. Yet most executives and managers never seek that same edge, even though their performance has just as much impact. A good executive coach challenges and supports their clients. They help leaders see blind spots, make better decisions, and move
Why Companies Must Improve Customer-Facing Functions
Companies recognize that enhancing their brand image requires investments in customer-centric strategies. Yet, a critical driver of a positive brand image is still overlooked: customers’ perceptions of a company are heavily influenced by the quality of their interactions with the customer-facing functions within that company. Customers engage with brands through customer-facing employees, who are typically
Business Quotes by Taiichi Ohno
“All we are doing is looking at the time line, from the moment the customer gives us an order to the point when we collect the cash. And we are reducing that time line by removing the non-value-adding wastes.” “Ask ‘why’ five times about every matter.” “Costs do not exist to be calculated. Costs exist