The word “entropy”, from a physics perspective, is the corollary of the second law of thermodynamics, the way in which energy flows from a hotter object to a colder one – entropy goes up as the range of possibility and action goes down. An example of this can be found simply in cooking – once…
strategy
During a family Sunday lunch, we ended up reminiscing about when we were children – little children. My mother likes to tell the story of me being a toddler, sitting strapped into my seat on the back seat of the vehicle and my dad driving passed a KFC outlet. Apparently, as soon as I noticed…
You remember some companies for the special attention or additional value that you received upon making your purchase – a free bottle of champagne and chocolates in your hotel room, free pillows with the purchase of a bed set or same day delivery where you know that they have gone out of their way to…
Focus on and persistence with the implementation of a strategy is often lost amongst other pressing issues – handling crises, problem-solving when things break down, protecting oneself in a sometimes politicised environment and dealing with the digital deluge. Frazzled managers and supervisors make sporadic attempts to get organised and to stay on top of things,…
I am frequently involved in strategic planning sessions with my clients. Based on a desirable future reality for the firm, company executives get together to plan the way ahead – develop a strategy to achieve their joint vision. Usually, enormous amounts of energy and time are expended in this necessary exercise, but many companies have…
A delegate, this past week, shared his love for computer games with the rest of the group – over the years, having spent well over US$ 7 000 on Play Station 3 (PS3) and associated games. He explained to all of us that some people enjoy hiking, others surfing, some watching movies – his “thing”, however,…