decision-making Archives

The Trouble with Making Assumptions and Over-Generalizations Issue 160, May 16, 2024 We’ve noticed a disturbing trend over the past three years. To put it bluntly, organizations including governments, are making many assumptions about their stakeholders and constituents. The assumptions stem from over-generalizations, past knowledge, or due to wearing blinders. In each instance, we will discuss how you, the consumer, will bear the cost and impact of these behaviors. Failing to See the Total System Let’s take a US political…

Kevin Novak

May 16, 2024

View Post

Ideas and Innovations Newsletter

The Misfortunes of Uninformed Urgency

The Misfortunes of Uninformed Urgency Issue 159, May 9, 2024 We write often and passionately about the sense of urgency organizations should feel as they manage disruptive marketplaces, unpredictable consumer trends, and geopolitical instability. Coupled with urgency are our mantras about market orientation, shared purpose, and critical thinking. We could stop right there but we’re not going to! We don’t want our advocation about modern leadership and organizational strategies to become platitudes and buzzwords. In that spirit, we’re taking a…

Kevin Novak

May 9, 2024

View Post

Ideas and Innovations Newsletter

The Value of Reflective Decision-Making

The Value of Reflective Decision-Making Issue 155, April 11, 2024 Admit it, most of us are stressed out and often filled with anxiety. We are time-pressed. Overbooked. Distracted. Confused. Dumbfounded. Surprised. And potentially even trending to pessimism. We are trying to make sense of events we can’t control that are hurtling toward us daily through our news feeds. A Moment in Time We’re also grappling with the speed of change in the digital economy and our connected society. The news…

Kevin Novak

April 10, 2024

View Post

Ideas and Innovations Newsletter

Unintended Consequences: Decision-Making and Economic Interconnectedness

Unintended Consequences: Decision-Making and Economic Interconnectedness Issue 151, March 14, 2024 We’re entering the fray in the debate on the economy. And central to this debate is a refresher focused on our inability to make connections, see patterns and anticipate how micro and macro trends can radically and consequentially compromise our approach to solving real or perceived problems. In solving what we see as immediate problems (low wages, inflation, price-gouging, lack of skilled workers and migration as examples), there are…

Kevin Novak

March 14, 2024

View Post

Ideas and Innovations Newsletter

Do You Fall Prey to Oversimplification?

Do You Fall Prey to Oversimplification? Issue 147, February 15, 2024 We all do it. We oversimplify when it suits us or when we believe that is what our audience wants to hear. In business, we have been programmed not to share too many financial details and just report the high-level numbers. Or not get all techy; talk in plain English. Avoid all those legal terms that make heads spin. Can’t you just say that a different way? Add to…

Kevin Novak

February 14, 2024

View Post

Ideas and Innovations Newsletter

The Risk of Certainty

The Risk of Certainty Issue 143, January 18, 2024 Human nature, at its deepest core, reinforces our longing for certainty and the prospect of security and stability. We don’t want things around us to change. We want assurance that what we know is true and real. We want certainty that we made the right decisions and choices so that outputs and outcomes will be what we expect. Ambiguity creates anxiety and insecurity and makes us defensive. Ambiguity makes most of…

Kevin Novak

January 17, 2024

View Post

Ideas and Innovations Newsletter

When Your Reach Exceeds Your Grasp

When Your Reach Exceeds Your Grasp Issue 139, December 14, 2023 Here’s a question for you as we wrap up 2023: Why have so many organizations reset themselves by dramatically cutting back on their staff and operations? Why did their aspirations seem so out of line with their new reality? Whatever happened to foresight? This syndrome makes us think of two quotes from two distinctly different individuals. Poet Robert Browning said, “A man’s reach should exceed his grasp, or what’s…

Kevin Novak

December 12, 2023

View Post

Ideas and Innovations Newsletter

Are You Sure You Matter?

Are You Sure You Matter? Issue 133, November 2, 2023 Holding onto next-gen workers and customers (born between 1997 and 2012) requires more than a trick up your sleeve. They are actively changing up the rules of engagement in, and for, organizations of all sizes — whether they are employees or customers. Call them naïve or a brutal force of nature with critical mass, they are redefining the workplace culture and the brand/customer value proposition. Here’s the key thought: You…

Kevin Novak

November 2, 2023

View Post

Ideas and Innovations Newsletter

The Value of Intangibles

The Value of Intangibles Issue 132, October 26, 2023 We continue to be fascinated by the value proposition of intangibles. This isn’t some weird magical idea. We’re talking about assets that have no physical form but are nonetheless valuable. Considering that we are living in a digital marketplace, intangibility has a profound relevance despite our inherent and deeply programmed need to see, feel, and touch something tangible. If it can be seen, felt, and touched we believe it is real…

Kevin Novak

October 25, 2023

View Post

Ideas and Innovations Newsletter

The Motivation of Manipulating Data and Information to a Desired Outcome

The Motivation of Manipulating Data and Information to a Desired Outcome Issue 129, October 5, 2023 Some recent headlines have reported disturbing news about respected and respectable scholars falsifying or just ignoring data conclusions in scholarly papers. This is another example of the skepticism many of us have with the shifts in misinformation flooding our inboxes and newsfeeds, compelling each of us to exercise our critical thinking skills. And the examples we’re referring to aren’t even results of AI. It…

Kevin Novak

October 5, 2023

← Newer Posts

Older Posts →