Great Leaders Learn, Think and Act

Education is the kindling of a flame, not the filling of a vessel. — Socrates I have a confession. I dropped out of college in my sophomore year. Later I was hired to be a stockbroker by the largest brokerage firm in the world. I am convinced it was, at least in part,...

Why is a Food Truck Like an Auto Auction?

On the face of it — they aren’t alike. What if I told you that auto auctions are not bounded by geography? Most of us think of auto auctions in terms of place. But what if you were thinking of an auction as a process, not a particular place. If you think of it...

How We Fool Ourselves

In the 1960’s my parents invested in acreage in the western part of North Carolina. They paid what we came to understand was a low price for a large tract of land. It would later sell for something like 50 times what they paid. It was a terrific investment but...

Emotion – The Invisible Decision Trap

When most people picture the executive suite they imagine the elegance of mahogany wainscoting, rarified air and extreme rationality. Well, abandon those thoughts. No one, not even the well-heeled executive, is immune to decision traps. Why is that? The traps are made...