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This is the official Perth blog site for posts, comments, and other contributions about leadership, behavioral finance and economics, and about management generally, as well as other related topics that take our fancy.

There’s no innovation without innovators

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You know the usual approach to innovation in a corporation. Hold an offsite for brainstorming and to stimulate creativity. Get a big-name consultant. Team comes up with an idea, makes a plan. Does a public relations blast announcing their breakthrough idea. Fails. Do again. Fail again. If that wasn’t the case the vast majority of organizations woul...
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Why the Tech Bubble? Fewer Startups, Higher Valuations of Course!

See, everyone’s talking about the emerging (or emerged) bubble in startup valuations. My thesis: there are now far fewer startups so valuations have to go up. Duh. So you thought the number of startups was rising? All those Silicon Valley startups, every university having courses in entrepreneurship? Think again. You are totally wrong. Check out th...
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What’s the Difference between Entrepreneurship and Innovation?

You can’t lift up any piece of news or commentary these days without seeing a discussion or article about entrepreneurship and innovation and how to improve one, the other or both. Prescriptions abound. But my question is: are entrepreneurship and innovation the same thing or are they different? I ask that because you usually see them come in twos ...
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What the Dreadnoughtus Dinosaur Teaches us About Leadership 2.0

Did you hear about the recent discovery of the so-called Dreadnoughtus schrani dinosaur (found in Argentina)? When it lived on Earth it weighed some 85 tons. That’s 12 African elephants or 7 Tyrannosaurus Rexes. Or to translate into a modern equivalent, that’s over 40 Cadillac Escalades. That’s really, really big. So as usual that got me to thinkin...
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Is High Intelligence a Handicap to Creating Wealth?

Do you have to be smart (as in high IQ) to be rich? You’d think that the answer would have to be yes. And you also have to believe that any research showing this, or the opposite, would have to be famous. You would be wrong on both counts, at least if you look at a piece of research published in 2007 by one Dr. Jay Zagorsky of Ohio State University...
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