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Behavioural Economics: You aren’t as Rational as You Think

Behavioural Economics

Behavioural EconomicsIt turns out that you aren’t as rational as you may have thought. So, traditional economic theories that assume you are, are… well, flawed. We need an approach that accounts for self-interest and lazy mental short-cuts. Enter Behavioural Economics.

We’ve already told the foundation story of Behavioural Economics in our Management Thinkers series. There we looked at the two men who received Nobel Prizes in Economics for their work in the field:

  1. Daniel Kahneman won his in 2002
  2. Richard Thaler won his in 2017

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Emotional Intelligence: Getting what You Want from Yourself and Others

Emotional Intelligence

Emotional IntelligenceEmotional Intelligence may have felt like a fad in 1995, when we all rushed to buy Daniel Goleman’s book of the same name  (1996 in the UK). But from a perspective of over 20 years on, it still holds its own as a useful concept and very much fits the bill as a Big Idea.

And why not? After all, the theory of emotional intelligence is that the way we succeed in life is through our emotional connections. Firstly with ourselves and then, secondly, with others. And the idea isn’t new. After all, did not Socrates say

‘First, know thyself’

Probably not. But it’s been attributed to a host of ancient thinkers, including Aeschylus and Heraclitus.

But I digress. Emotional intelligence allows you to:

  1. Know yourself
  2. Regulate your emotions, choices, and motivation
  3. Understand the emotions of others
  4. Influence and work with them

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Social Media: Making Connecting and Communicating [too] Easy

Social Media

Social MediaWhen I first thought about Social Media as a Big Idea, it seemed like a good topic. Until I started to think about it. Because forms of Social Media are ubiquitous – we all use them, so what can I tell you that you don’t already know?

Well, take a look, and find out.

Continue reading Social Media: Making Connecting and Communicating [too] Easy

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The Trust Equation

The Trust Equation

The Trust EquationThe Trust Equation is an attempt to highlight the key features of trust in a professional setting. And it does a very good job.

And this is super-helpful to any professional, manager, or team leader, for a simple reason. Trust is your stock-in-trade. If your team, customers, and bosses don’t trust you, you have nothing but a job title. The extent to which you can get things done in a leadership role depends largely on trust.

But how do you inspire that trust? This is what the Trust Equation will show you.

Continue reading The Trust Equation

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Authenticity – Congruence for the 21st Century

Authenticity

AuthenticityNobody likes a fraud… yet we tolerate them. Nobody wants to be a phoney… but we all let ourselves down on occasion. But regardless of our actions, we all value authenticity.

The challenge of course is not just to recognise it, and distinguish the authentic from the ersatz.

It’s to form a clear idea of what you mean by authenticity. Because in modern business and professional parlance, it’s become a bit of a chameleon.

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NLP – Neuro Linguistic Programming

NLP - Neuro Linguistic Programming
NLP - Neuro Linguistic Programming
NLP – Neuro Linguistic Programming

Sometimes a big idea comes along that really does feel new. And, in the early 1970s, that was Neuro Linguistic Programming, or ‘NLP’.

However, like many big ideas, NLP had its antecedents. It was built on the foundations set by others. But what it did was combine many things into a new framework. Some were well-understood. And others arose from the direct research of its founders and the people who followed them.

The name, Neuro Linguistic Programming roots it into its 1970s origins. And many of the ideas now seem familiar. Indeed, we have covered a fair few of them in earlier Pocketblogs. But now seems a good time to take a broad overview of the whole of NLP.

Continue reading NLP – Neuro Linguistic Programming

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Power Dressing: How to Dress for Success

Power Dressing

Power DressingLet’s be under no illusions. This article may be about power dressing. But you aren’t going to get fashion tips here!

Oh no. I am far from remotely qualified on that front. Instead, we’ll look at the phenomenon of power dressing, what it is, and whether it is still relevant.

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Enchantment: Changing Hearts, Minds and Actions

Enchantment

EnchantmentThere’s nothing new in the idea of enchantment. It’s been turning up in fairy tales, legends, and myths for thousands of years. So, when Guy Kawasaki applies the word as a metaphor for how to influence customers, is he telling us anything new?

Like many big ideas, the modern version of enchantment isn’t new. And also like many, you could interpret it as stating the obvious. His book contains nothing a well-read and experienced manager won’t have encountered before.

But, also like many big ideas, the value really comes where we too-easily overlook the familiar. So we need reminding of what we already know. And coining a great metaphor is a good way to do it. So let’s look at what lies at the heart of Kawasaki’s Enchantment.

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Speed Reading

Speed Reading

‘I took a speed reading course and read War and Peace in 20 minutes. It involves Russia.’

Woody Allen

Speed ReadingThat pretty well sums up my attitude to speed reading, and always has. And that is despite doing a speed reading course myself a few years ago.

But what I expect you want is an objective assessment of what speed reading is and what the research says about whether or how it works. So, let’s dive in.

Read this slowly.

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Tipping Point | Viral Ideas

Tipping Point

Tipping Point

How do ideas spread through a population, and become widespread? One case study for this would be the idea contained in a book by Malcolm Gladwell, published in 2000: ‘The Tipping Point’.

And the idea that book contains: the way that an idea or product can cross a certain threshold to gain enough momentum to spread widely through a population.

Gladwell calls the (sometimes small) change that triggers this spread, a Tipping Point.

Continue reading Tipping Point | Viral Ideas

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