"Trillion is the new billion"

It's a key message in my book Navigating the Winds of Change: Staying on Course in Business & in Life: Perspective matters.It's so easy to lose perspective. Whether you're trying to convince a boss to make a change or trying to evaluate if a government reform idea is a good deal or not, getting a... Continue Reading →

Strategic Misrepresentation?

I was doing some research today on project cost overruns. Unfortunately, there is no shortage of high-profile examples of massive project failures when it comes to cost.I was particularly intrigued by an article entitled "Underestimating Costs in Public Works Projects: Error or Lie?" by Bent Flyvbjerg, Mette Skamris Holm, and Søren Buhl. Just the term... Continue Reading →

"I’m not cheating! I’m showing my genius!"

I couldn't help but see the irony of two headlines on my browser homepage this morning. The first is a reference to Bernard Madhoff, that he will plead guilty to swindling people out of billions of dollars through his Ponzi scheme.How refreshing. Finally, a criminal who isn't claiming he's a victim....The second headline reads "Why... Continue Reading →

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