Skin in the Game

Skin in the Game “Skin in the Game” is a powerful book by Nassim Nicholas Taleb. Skin in the game requires exposure to not only the upside of your own actions but also the downside. That is the problem with the grant of large stock options to executives of public companies. There is no [...]

By | November 17th, 2019|Categories: Books, Management, Productivity|Tags: , , , , |0 Comments

Confront the Brutal Facts

Confront the Brutal Facts Charlie Munger: “I think that one should recognize reality even when one doesn’t like it; indeed, especially when one doesn’t like it.” Jim Collins in "Good To Great" has a chapter titled "Confront The Brutal Facts." Our CEO peer group recently read and discussed this chapter. Their concept is simple but [...]

By | November 1st, 2017|Categories: Books, Management|Tags: , , , |0 Comments

Wisdom From Charlie Munger

Charlie Munger: “It is remarkable how much long-term advantage people like us have gotten by trying to be consistently not stupid, instead of trying to be very intelligent. There must be some wisdom in the folk saying: ‘It’s the strong swimmers who drown.’ ” -From Tao of Charlie Munger: A Compilation of Quotes from Berkshire Hathaway's [...]

By | September 19th, 2017|Categories: Books, Lessons Learned|Tags: , , |0 Comments

Good To Great by Jim Collins

Our CEO peer group is reading the business classic "Good to Great" by Jim Collins. Here is one of the greatest pieces of advice I have found in the book: "When you know you need to make a people change, act. The moment you feel the need to tightly manage someone, you’ve made a [...]

By | September 19th, 2017|Categories: Books, Management|Tags: , , , , |0 Comments

The Importance of Acting Quickly on People Changes

The Importance of Acting Quickly on People Changes Our CEO peer group is reading the business classic Good to Great by Jim Collins. Here is one of the greatest pieces of advice I have found in the book: When you know you need to make a people change, act. The moment you feel the need [...]

By | July 16th, 2017|Categories: Books, Management|Tags: , , , , , |0 Comments