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When Technology Meets Community

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A co-op grocery chain in Seattle began dismantling their self-checkout kiosks this month. After considerable investment in the technology over the past few years, the PCC Community Market, made the decision to remove the automated stations.  Here is how the store describes the reasoning behind the decision: “A kiosk doesn’t create community or connections. So we wanted to take those out so that when someone comes into our stores, they have a human connection with someone and an interaction...

Jeff Bezos and the Role of Intuition in Decision Making

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When it comes to decision making, Jeff Bezos is quite comfortable relying on his intuition. This may come as a surprise given Amazon’s reputation for data analytics. Bezos has said in the past, “Our success at Amazon is a function of how many experiments we do per year, per month, per week, per day.” Judging from this quote alone one might imagine that employees at Amazon are like scientist in the lab, carefully tracking results from experiments and analyzing the date to make each decision...

10 Lessons from the Berkshire Hathaway Annual Meeting

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 1. “All you had to do was figure that America was going to do well overtime.” – Buffett Buffett kicked off the meeting by providing the audience with “a perspective on how you might think about investing.” The entire audience leaned in. Isn’t this why we all traveled to Omaha? On March 11, 1942, young Warren Buffett made his first stock purchase. He was eleven years old. Warren held up a copy of the front page of the New York Times that day.  It was filled with bad news...

To Improve Decision Making, Focus on the Process not the Outcome

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Imagine walking through a Las Vegas casino and observing the following: A patron at the Blackjack table is dealt a 17. The gambler decides to take a hit. The dealer turns over a 4. The player wins. The dealer says to the gambler, “good decision.” But was it? Well, in this particular case the outcome was positive, but we know there was a considerable amount of luck involved. In Blackjack, when a player hits on 17 there is a much greater chance of busting (losing) than there is of...

Lessons from a 630-Year-Old Family Business

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The Cantina at the Antinori Winery. The Antinori family of Italy traces the founding of its family-owned wine business to 1385.  That’s 630 years and 26 generations of business continuity. Consider the risks that a business faces over a span of that period, including war, plague, economic crisis, political turmoil, family health, and sibling rivalries just to name a few.    Any one of these events could easily end a fragile family business, and many Antinori generations have faced more than one...

Applying the 5As Framework

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Often when working with clients to design and deliver leadership training, I’m told to create an experience where participants have fun, are fully engaged in the program and learn new skills.  Recently, I partnered with a client, a major U.S.-based insurance company, that decided to raise the bar and set the expectation that learners would also apply what they learned back on their job in a way that impacts business results. To achieve this goal we applied the 5As Framework to the design and...

U.S. Army Embraces Wikis

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In July, the U.S. Army broke with long-standing tradition and began encouraging all personnel to contribute to U.S. Army Field Manual.  The Army Field Manual, which contains detailed information and how-to’s, serves as a playbook for soldiers operating in the field.  The New York Times reports: The goal, say the officers behind the effort, is to tap more experience and advice from battle-tested soldiers rather than relying on the specialists within the Army’s array of colleges and research...

Using Soccer to Teach Leadership

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Soccer is by far the world’s most popular sport.  In many ways, soccer, or football as it is known outside of America, transcends the sports world and is deeply embedded in the culture of most countries.  The hype and media saturation of soccer is going to increase steadily as we approach World Cup 2010 in South Africa.  The Confederation Cup Final, June 28th featuring the United States versus Brazil, was an exciting prelude to what we can expect next summer.                                   ...

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