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A Self-Fulfilling Prophecy

Coaching Tip

Canadian Malcolm Gladwell in his book, " Outliers ," tells us that the way Canadians select hockey players is a beautiful example of what the sociologist Robert Merton famously called a "self-fulling prophecy" a situation where a "false definition, in the beginning.evokes a new behavior which makes the original false conception come true.".

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If the SEC Measured CEO Pay Packages Properly, They Would Look Even More Outrageous

Harvard Business Review

In the case of stock options, the EFV formula is typically a Black-Scholes-Merton option-pricing model that, rooted in the “efficient markets hypothesis,” assumes that changes in a company’s stock-price exhibit a log-normal distribution and thus predicts that most stock-price changes will be very small.

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Sacrifice Is Overrated

Harvard Business Review

Tony wrote that he admires "the intensive care nurses I met several years ago.who get treated as second-class citizens by most of the surgeons, but still put in 12-hour shifts, often without the opportunity to sit down, or eat, or even go to the bathroom. They do so because they're devoted to saving lives."

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In Defense of Cosmopolitanism

Harvard Business Review

Like many middle-class Europeans of their generation, my parents—who had both been first in their families to go to high school, who spent their whole adult lives in the same place, who never spoke a foreign language—insisted that I learn English and travel. Foot Soldiers of Globalization.

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