Tag Archives: Economics

Whoa! – Not What I Expected – Unintended Consequences

A large part of our success, personally and professionally, stems from our ability to make sound decisions.  We typically consider ourselves successful when our decisions lead to expected, positive results.  For example, we hire someone and they… Read more

Posted in Economics, General Management, History, Incentives, Uncategorized | Tagged , , , | 17 Comments

Cloud Computing – Paradigm Shift or Deja Vu?

Last week in New York, I spoke at a dinner attended by IT executives from a number of Fortune 50 firms. I presented on the challenges that enterprises face balancing innovation with controls.  It’s a topic that’s top of mind with IT executives, and… Read more

Posted in Economics, History, Innovation, Uncategorized | Tagged , , , | 11 Comments

There is a Free Lunch – New Growth Theory

Another gloomy week passes by, with no resolution for the deficit crisis.  There’s talk of a potential downgrade to the US credit rating, with subsequent increases in interest rates.  The stock market reacted harshly, with the Dow Jones… Read more

Posted in Economics, Enterprise 2.0, General Management, Innovation, Organization | Tagged , , , | Comments Off on There is a Free Lunch – New Growth Theory

The Cure for “Cost Disease”

In 1966, the economists William Baumol and William Bowen published an influential book, Performing Arts: The Economic Dilemma.  The book described how certain labor-intensive industries had minimal productivity gains, yet showed continued increases… Read more

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