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Perspective + Business

Low interest rates & structural sclerosis

May 3, 2016

Most of us have an interest in interest rates, one way or the other. For example, the current record low rates, negative in some countries, mean that those with mortgages and other loans rejoice while those who live off their investments don’t fare as well.

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Strategy + Efficiency

Retailers: check your sources

April 15, 2016

When I studied engineering, one of the most embarrassing mistakes an aspiring engineer could make was to derive a dimension from the wrong ‘base’.

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Strategy + Business

Numerical fata morgana

April 13, 2016

Many years ago an article was published in the UK lamenting the dismal state of primary education in Great Britain. The key premise of the article: half of the students had below average reading skills.

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Strategy + Technology

Teaching professors to code

April 11, 2016

A new industry is emerging solely to repair the amateurish, yet often commercially useful software, routinely produced by academics. The phenomenon has become so widespread that it caught the attention of The Economist.

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Strategy + Business

Don’t leave your post

January 28, 2016

On 15 July 1410, the Polish-Lithuanian coalition scored a decisive victory over the Teutonic Order in the battle of Grunwald. Many factors contributed to this outcome, which set the wheels in motion for the ultimate demise of the Order.

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Perspective + Strategy

Desiderata and the media – Part 2

November 18, 2015

In Part 1, I quoted Max Ehrmann’s poem Desiderata, where he counseled us to “Exercise caution in your business affairs, for the world is full of trickery.”

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Strategy + Business

Don’t clean your dirty shelves

November 9, 2015

In the early 1990s I worked at McEwans, which later morphed into Bunnings. To learn more about the business and how it operates, I would help out every Saturday on the shop floor at a branch located near where I lived.

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