There's a great profile (though a bit long-ish) on Barry Nalebuff, economist and chairman of organic beverage company Honest Tea, in this spring's Strategy+Business. The article discusses how Nalebuff used game theory, "a mathematical tool used to anticipate possible scenarios and develop appropriate strategies to deal with them," in his...
We are under such time pressures at work that we tend to solve problems based on what has worked in the past. This approach precludes us from finding new and effective solutions. Instead, we look for “quick fixes.” Considering a problem from different perspectives helps us solve...
