Archive for November, 2014
Loud Thinking November 24, 2014 at 02:09PM
Encourage Your Team to Take More Risks
Innovation requires a tolerance for risk-taking and learning from failure. Yet many companies still have risk-averse cultures. Break out of this and create an environment that is more conducive to innovation by being more explicit about what risk-taking really means:
Define smart risk. Distinguish the areas where risk is encouraged, and where it is not. For example, you want minimal “execution risk” regarding customer commitments, but more “discovery risk” in developing new solutions to customer problems.
Use the right words. Terms like “experiment” or “scouting mission,” as opposed to “successful vs. unsuccessful project,” signal a more open attitude toward risk.
Establish clear phases for funding projects. Stop providing blank checks. Fund each project in clearly defined phases. If it passes one phase, give it additional funding.
Adapted from ” The Reason Your Team Won’t Take Risks” by Ron Ashkenas and Lisa Bodell.
Loud Thinking November 24, 2014 at 08:07AM
In success of ANY nation’s economic road map Foreign Direct Investment (FDI) is a much better and healthier option than loans from the IMF, WB and ADB etc…!
@nayyarahmad: Abu Dhabi pledges $50bn investment in India. I exactly referred to the above mentioned opportunity, as option … http://t.co/cBiGpgzbQk
Loud Thinking November 23, 2014 at 03:50PM
ICC rule says an international cricket match must have a minimum of 65 meters boundary (all around) in old grounds and 75 meters in new grounds.
However, in today’s match being played at Sydney (Aus vs SA) one side of the boundary is only 59 meters.
Hence, this ODI must not be considered as an international official match.

