Despite comfortably leading his team mate, David Coulthard was contacted over the team radio to let Mika Häkkinen past under team orders. An instruction Coulthard could not believe he was hearing.
Category: Management
The Disruption Machine
Disruptive innovation is a theory about why businesses fail. It’s not more than that. It doesn’t explain change. It’s not a law of nature. It’s an artifact of history, an idea, forged in time; it’s the manufacture of a moment of upsetting and edgy uncertainty. Transfixed by change, it’s blind to continuity. It makes a very poor prophet.
No Money, No Time
We tend to assume that pressure makes us more efficient. I work fastest when I’m on deadline. I stretch my grocery budget the most when my funds are running low. But in reality, it’s not that you’re working better when you’re stressed. It’s that the opposite situation, overabundance, often makes us less efficient.
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The poor are under a deadline that never lifts, pressure that can’t be relieved. If I am poor, I work or I churn until decisions like buying lottery tickets begin to seem like attractive alternatives. I lack the time to calculate the odds and think of alternative uses for my money.
The Science of Marginal Gains
Most people love to talk about success (and life in general) as an event. We talk about losing 50 pounds or building a successful business or winning the Tour de France as if they are events. But the truth is that most of the significant things in life aren’t stand-alone events, but rather the sum of all the moments when we chose to do things 1 percent better or 1 percent worse. Aggregating these marginal gains makes a difference.
We Don’t Work Too Much But We Spend Too Much Time at Work
For many professionals it seems, Sunday is less a “day off” than it is to do similar things as you might do while “at work” but without the infrastructure and bureaucracy of being “on the job.”
Abnormal Capitalist 