Tag Archives: trade-offs

Signals from the unexpected

(credit: didgeman CC BY) The messages that are sent when expectations and reality are at odds can be revealing and powerful A few weeks ago, three things happened to me on three consecutive days. All three involved choices other people … Continue reading

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The curse of two hands

Is ambidexterity a mixed blessing? When I started blogging almost four years ago, one of my first pieces(*) was entitled “A set of scales has two arms”. It was a reaction to a few instances of one-sided reasoning: the draining … Continue reading

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Nationalization or privatization?

(featured image credit: Krahsman) Do private and public organizations (and their employees) make inherently different trade-offs? Todd Dewey is on his way from Winnipeg, Canada to North Spirit Lake, 500 km to the north east. He is one of the … Continue reading

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The immaterial economy

(featured image credit: torstensimon) The peculiarly human nature of economics On Wednesday 10 January Philip Hammond, the UK’s chancellor of the exchequer, and his cabinet colleague David Davis, the secretary for Exiting the EU, flew to Germany. The aim of their … Continue reading

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Choices in the rear view mirror

(featured image credit: Fred Langridge) A bad experience may look very different when it’s behind you. How bizarre! Imagine a multi-day public transport strike is called for next week. You can’t take time off, or work from home, and it’ll totally … Continue reading

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Uber and the four trade-offs of disruption

(featured image adapted from winnifredxoxo cc 2.0) The effects of disruptive innovation are more multifarious than they may seem at first sight On Wednesday evening 23 March, a few hours after the Westminster terrorist attack, a friend of mine wanted … Continue reading

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Just in time, year after year

Why I keep procrastinating about my tax return The British are known for the occasional eccentricity. One of these quirks is their tax year: for reasons that escape me, it runs from 6 April to 5 April the next year. … Continue reading

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