148. Diana Jones: The New Management Model — Guarding Group Relationships
Human action lies at the core of the application of Austrian economics to business: how do people act and how can we develop the best understanding of why they act that way.
Hi, Hunter Hastings here - I'm an economist by education, a marketer in my professional track, a venture capitalist in my current business life, an Individualist in philosophy, and a passionate supporter of entrepreneurship in whatever form I can practice it, support it and advance it.
Human action lies at the core of the application of Austrian economics to business: how do people act and how can we develop the best understanding of why they act that way.
What’s the best solution for any customer need? It’s always going to be the entrepreneurial solution, whatever the source.
Strategic management theories and entrepreneurship theories have diverged in academia. One perspective can’t recognize the other. Yet the most promising and successful new business approaches demonstrate an agile combination of both sets of theories. Professor Mohammad Keyhani joins Economics For Business to explain this phenomenon and help us point the way to the future of strategic entrepreneurship.
Austrian economics used to be a field of study on the fringes of business. Now, in the digital age and entrepreneurial era, it has moved to the mainstream and more and more leaders are recognizing the power of its different way of thinking,.
Ceaseless flux. Those are words Ludwig von Mises used to describe the perpetual change in business conditions that entrepreneurs experience. The consequent need, he told us, is for a process of constant adjustment. The current word for that process is adaptation.
It’s hard to think about the coming entrepreneurial revolution because we are conditioned by the current socio-political framework to think that big business and big government are the normal way of doing things.