How Can Big Companies Act More Entrepreneurially? Install A New Value Engine.
Value is co-created with customers. Bringing the customer inside the firm is the first step in building a new engine of value.
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162. Joe Matarese: Medical Tyranny and Its Entrepreneurial Solutions (Part 1, The Problem)
Medical care in the US exemplifies how the perverse effects of accumulated, self-reinforcing economic errors can render a system dysfunctional for consumers. As CEO of Medicus Healthcare Solutions, Joe Matarese has seen the current system from the inside.
161. Connie Whitman: Turning Experience Into An Intellectual Property Business
Your individual experience is a business asset. Life is teaching us more than we sometimes realize. An insightful analysis of what we’ve experienced, combined with purposeful translation, can generate unique intellectual property on which to base a unique approach to business. Connie Whitman joins Economics For Business to share her experience and her development of a thriving, resilient, and adaptive coaching and training service.
Business As A Flow Requires New Management Techniques
Austrian economics provides the design guidelines for the new management techniques required when business is understood as a flow.
160. Laura and Derek Cabrera: Systems Thinking For Business
reneurs can realize their goal to think better, think Austrian by taking a systems thinking approach. We can ditch linearity and hierarchies in favor of distributed networks and webs of causality and create better knowledge – more aligned with the real world — and better mental models.
Inspired By Capitalism, Not By Inspirational CEO Speeches.
There are many conversations going on about the purpose of firms. Should it be the single-minded pursuit of shareholder value, as Milton Friedman is adjudged to have advised? Is it to create value for all stakeholders, including employees, neighbors, and lobbyists for the natural environment? Or is it solely to create customers by bringing them […]