Business Management Blog

Do you ever face a mental blank at the drawing board? If so, it might be time to explore new ways to come up with creative ideas. After all, today’s entrepreneur is under attack not only from domestic competitors but from foreign ones as well. And what’s the best competitive weapon in a rapidly commoditizing [...]

Einstein once said, “Every child is born a genius.” But the reason why most people do not function at genius levels is because they are not aware of how creative and smart they really are. I call it the “Schwarzenegger effect.” No one would look at a person such as Arnold Schwarzenegger and think how [...]

In an economy where the only certainty is uncertainty, the one sure source of lasting competitive advantage is knowledge. Yet, few managers understand the true nature of the knowledge-creating company — let alone know how to manage it.
According to this 1991 article by Japanese organizational theorist Ikujiro Nonaka, the problem is that most Western managers [...]