Would you make loved ones fly in an airplane that hadn’t been safety tested? Would you give your child a drug that skipped out on clinical trials? Probably not (at least I hope not). How about your innovation? Would you bet your career, salary and colleagues on advice that had never been tested? No… of course not… well… actually… yes. Name…
I use algorithms to predict if businesses will survive or fail. In this line of work, probably the #1 most asked question is "how much do you look at the leadership team?" Said another way, does the quality of a business's leadership change its odds of success? It's a venture capital cliche to bet on the "jockey" (leadership team) rather than…
Hi - my name is Thomas - and I'm addicted to House of Cards. It's funny how life and art can rhyme. I developed algorithms to predict if new innovations will survive or fail. They are really, really accurate and corporations - usually huge ones - that launch new innovations all the time and use my analyses in their due diligence. But this isn’t…
This month in a Harvard Business Review blog Andrew McAfee wrote a stirring article called Big Data’s Biggest Challenge? Convincing People NOT to Trust Their Judgment. It says management education and human nature encourage people to trust their guts and instincts in business. He says this is a bad thing, calling it “the most harmful misconception in the business world…
Do you recognize this story? It was the best of times, it was the worst of times. Entrepreneurs we’ll call “Alan,” "Ben" and "Colleen" started competing companies around the same time. In the chart below you can see their competitive rises and falls over a period of several years. The X axis is time. Consider the Y axis each firm's…