Recently one of my readers recommended to me Team of Teams by General Stanley McChrystal et al. It is an excellent book. For those time poor, these four equations neatly summarise McChrystal’s views about complexity: 1. Complexity + Efficiency ≠ Success 2. More Factors + More Interdependency = More Uncertainty 3. Problem
Ex-CEO of CBA and founding Chair of the Australian Government Future Fund, David Murray, wrote a piece in Business Insider recently about the collapse of trust in Australian banks. He writes, “Some specific experiences have led me to believe that the solution is more about good systems, good controls, and consistent behaviour by top executives than
Lightspeed is fast. Really fast. If you followed The Hitchhiker’s Guide to the Galaxy series from the late 1970s and early 80s you would know how fast “really fast” is. A bit faster than when you travel in hyperspace. Because of my full appreciation of the speed of light I was immensely pleased to read
I know it’s a bit early for end of year predictions, however, someone asked me what I thought so I figured I’d better not keep it a secret between just him and me. Technology Specifically, the massive shift towards subscription/cloud based applications which brings with it plenty of opportunity and plenty of risk. The more
Stats don’t lie. The research of Professor Paul Nutt of Ohio State University into nearly 400 strategic decisions by major corporations showed that a mere 50% of decisions were successful. I think much of it can be explained because the leadership were implementing in the dark. Organisations develop their own way of doing things. It’s