Sunday 22 December 2013

The Dynamic capabilities of David Teece

Recently I was reading an edition of S+B, one of the article I found interesting,which it is a interview with one of the renewed professor from University of California, Berkeley.

The article talks about the dynamic capabilities of the organization and it's implications on the business decisions.

Link to the article: David Teece dynamic capabilities.

About the author: David J. Teece is the Thomas W. Tusher Professor in Global Business at the University of California’s Haas School of Business (Berkeley). He is also the director of the school’s Institute for Business Innovation. He is the author of over 30 books and 200 scholarly papers and co-editor of the Palgrave Encyclopedia of Strategic Management. Dr. Teece has received four honorary doctorates and has been recognized by Royal Honors.
(Source: David Teece personal website)

For further information on David Teece


Thursday 12 December 2013

Traditional Vs Logical Thinking - Possible solution...

Hope everyone enjoyed the story and realized the importance of logical thinking.

The possible solution to the previous post regarding the importance of logical thinking.

"The girl put her hand into the moneybag and drew out a pebble. Without looking at it, she fumbled and let it fall onto the pebble-strewn path where it immediately became lost among all the other pebbles.
"Oh, how clumsy of me," she said. "But never mind, if you look into the bag for the one that is left, you will be able to tell which pebble I picked." Since the remaining pebble is black, it must be assumed that she had picked the white one. And since the money-lender dared not admit his dishonesty, the girl changed what seemed an impossible situation into an extremely advantageous one."

MORAL OF THE STORY:
Most complex problems do have a solution. It is only that we don't attempt to think.

For the story refer to the link..
Traditional-thinking-vs-logical-thinking