Articles
Data science vs the hunch: What happens when the figures contradict your gut instinct?
On the face of it, business people still hold wildly contradictory views about the relative value of data science as opposed to gut instinct when they make decisions. Almost six senior executives out of 10 see themselves as making decisions based on data, according to...
Decisive Action: How businesses make decisions and how they could do it better
As the tectonic plates underlying our business world shift, it becomes increasingly important for business leaders to rapidly make robust decisions, all while minimising risk. Against this rapidly changing backdrop, it’s no longer enough to use intuition – which...
Don’t Trust Your Gut
Report Illuminates Wealth-Creation Gap Among Small Business Owners
A growing number of self-reliant Americans have started one-person businesses in recent years to make a living. But minority and women business owners who opt for self-employment aren't faring as well as they might be, when it comes to building the value of their...
The Difference Between Instinct and Intuition
We use the words instinct and intuition interchangeably. And while they do exist on the same spectrum, there’s still a crucial difference between the two ideas. Instinct comes from the word instinctus, or, “impulse,” meaning it’s a biological tendency. It’s the...
Building Business Acumen
Business acumen is keenness and quickness in understanding and dealing with a business situation in a manner that is likely to lead to a good outcome. "Business savvy"and "business sense" are otten used as ynooyms, but they don't describe what people with business...
Disrupting beliefs: A new approach to business-model innovation
Established business models are under attack. Discover how incumbent companies can reframe them. Here's an idea from McKinsey & Company about how you might explore disrupting the business model in your industry.
Bridging Data Science and Business Intuition
Target corporation’s massively profitable data science project threw them into the news spotlight a few years back. Their story makes for a valuable case study in the interplay between business intuition and data science.
5 Questions to Ask Before You Call Out Someone Powerful
It’s always tempting to think that when you have more power — maybe even just a little more – it will be easier to call out wrongdoing. But over the last two years, as we interviewed over 60 business leaders, what we found is that this feeling never goes away. There...
10 Life-Changing Ways to Become More Business Savvy
Do you consider yourself a savvy business person? What qualities do you feel make someone savvy?