Managers Tend To Pick A Strategy That

Here Was A Strange But True Fact: The Closer You Were To The Market, The Harder It Was To Perceive Its Folly.

All That Was Clear That The Profits To Be Had From Smart People Making Complicated Bets Overwhelmed Anything That Could Be Had From Servicing Customers, Or Allocating Capital To Productive Enterprise.

Managers Tend To Pick A Strategy That Is The Least Likely To Fail, Rather Then To Pick A Strategy That Is Most Efficient," Said Palmer. " The Pain Of Looking Bad Is Worse Than The Gain Of Making The Best Move.

Commitment, By Its Nature, Frees Us From Ourselves And, While It Stands Us In Opposition To Some, It Joins Us With Others Similarly Committed. Commitment Moves Us From The Mirror Trap Of The Self Absorbed With The Self To The Freedom Of A Community Of Shared Values.

In Japan, Mothers Insist On Achievement And Accomplishment As A Sign Of Love And Respect. Thus To Fail Places Children In A Highly Shamed Situation.