What you know and learn that informs your view of the world, your industry and business?  What skills do you have that helps you be successful in your business?  Your knowledge of business, industry and specific aspects of your business and markets is essential for your business success.  Similarly, you may need specific skills to succeed in your business.  Typical sources of knowledge and skills are colleges, universities, training programs, online MOOCs (massive online open courses), conferences, seminars and such.  You can also acquire knowledge and skills on-the-job.

4 Common Challenges of Making Things Happen

I emailed around 50 peers in diverse industries: payroll, software, advertising, consulting. I asked one question: “What are your biggest business challenges?” Here are the most common responses, and strategies for overcoming them.

Learning From Billionaires

The rich think fundamentally differently:

Context is Important

Every bit of advice that you read on the internet, including blogs like this one, needs to be taken in context. Much of what you read is written as universal advice, applicable to everyone, applicable in every circumstance, and as though it should be adopted as your general practice no matter what. But none of this is really true. Much of the advice you read, including what you read here, is context specific. Out of context, it can be horribly bad advice.

MBA Arrogance and the Myth of Leadership

Business schools are best at teaching the competencies that business leaders need when performing their tasks. And at this point in time, they are probably rethinking what that means.

Engineering vs. Business

It’s a classic struggle – the logical, practical engineer butting heads with the uncomprehending, inefficient business major (see: all of Dilbert). Or wait – is it instead the visionary manager struggling to focus a socially inept engineer puttering off on a inscrutable tangent? (See: popular portrayals of mad scientists.) Somehow, engineers and business people always struggle with communication.

THE RISE & FALL OF ORGANIZATION MAN

One of the surprise bestsellers of 1956 – frequently reprinted throughout the 1960s – was an epoch-defining book by William H. Whyte called simply The Organization Man. Those were the blessed days when books didn’t have to have subtitles to tell you what they were about. One of my odd habits is re-reading important books of social commentary from the past.

Skipping the MBA and Questioning the Benefits of College - Why is it Uncomfortable?

I make the case that you don't have to go to business school to learn practical business skills and do well in the working world. In fact, skipping the MBA may actually help you be more successful in the long run. That's a position that makes many people uncomfortable, and has sparked quite a bit of controversy. The question is: why? Because I've publicly advocated skipping business school, I've been standing squarely in the middle of this firestorm for six years. To be honest, I've always wondered why people get so worked up.

Is an MBA Still Necessary

It used to be that top corporations picked up MBA graduates as fast as schools could slap mortarboards on their heads. These young guns drove corporate reorganization, product innovation and marketing and implemented new styles of leadership. They were a symbol of a new culture, and anyone serious about a career in business aspired to earn those three letters. Today, the power of the MBA is not so certain. Many in corporate America and academia say the degree that once defined bright, snappy leadership now symbolizes a discipline that has lost touch with the business world.

What is Business Thinking - A BCG Perspective

Business thinking starts with an intuitive choice of assumptions. Its progress as analysis is intertwined with intuition. The final choice is always intuitive. If that were not true, all problems of almost any kind would be solved by mathematicians with nonquantitative data.  The final choice in all business decision is, of course, intuitive. It must be. Otherwise it is not a decision, just a conclusion, a printout.