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Why Leaders Need to Think More Like Professional Gamblers

Leading Blog

A probabilistic HR manager will examine the data about where a company’s best people come from and how they perform throughout their career to identify new sources of talent that may have been overlooked. Let’s consider a few examples. Probabilistic risk managers will think about the future of how they work.

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Five Ways to Build Your Wealth: A Guide

Strategy Driven

Invest in bonds of various types, credit ratings , and maturities. Investing in your education and career development is one way to increase your earning potential. Starting a side hustle or a business can provide an additional income source and allow you to turn your passion into a career.

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How To Secure Business Financing After Declaring Bankruptcy

Strategy Driven

Having a failed business and declaring bankruptcy in the past presents two major problems; the first is that you have a terrible credit rating, which means that banks and private investors are naturally cautious about lending to you and many people will reject you immediately when they run a credit check on you.

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Secure leadership for an insecure economy

Chartered Management Institute

Welcome to the insecure economy – and a whole new set of management challenges Jaroslav Chudej CMgr FCMI recalls a particularly alarming moment from his 20-plus year career in the hospitality sector. Workers on zero-hours contracts will almost certainly struggle to get a mortgage and solid credit rating.

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New Study Predicts Gloomy Economic Times Ahead For Americans

The Horizons Tracker

Walk away and default on the mortgage, with all of the credit rating implications. Retain the home and try and rent it out, which would impact any deposit they could put down on a home in their new region. “Our study highlights an important cost of home ownership,” the researchers explain.

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What Economists Know That Managers Don’t (and Vice Versa)

Harvard Business Review

Not for the highly-regarded work on competition between small numbers of firms with which his career began more than thirty years ago but for more recent work on how carefully structured regulation can improve performance relative to unbridled market forces. Why did Jean Tirole win the Nobel Prize in Economics?

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What Economists Know That Managers Don’t (and Vice Versa)

Harvard Business Review

Not for the highly-regarded work on competition between small numbers of firms with which his career began more than thirty years ago but for more recent work on how carefully structured regulation can improve performance relative to unbridled market forces. Why did Jean Tirole win the Nobel Prize in Economics?