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When Solutions Become Problems: Lessons from the Cobra Effect
access_time 2024-10-10T11:38:22.871Z face Vinayak Buche
The path to ruin is often laid with good intentions! As I was browsing through my OneNote for a spot to insert another post, I stumbled upon an article saved in my archive titled – When an attempted solution to a problem makes the problem worse” by Sudip Bandyopadhyay, featured in the Indian Economy...
Professional Knowledge and Competence: Building Blocks of Effective Leadership
access_time 2024-09-29T04:02:53.446Z face Vinayak Buche
Professional Knowledge and Competence: Building Blocks of Effective Leadership I recently watched a video of a speech by General Sam Manekshaw, one of India’s most celebrated military leaders, in which he says, This powerful statement got me thinking about how essential knowledge and competence are ...
The Lake Wobegon Effect: A Psychological Illusion of Superiority
access_time 2024-09-19T13:11:27.993Z face Vinayak Buche
THE LAKE WOBEGON EFFECT In the fictional town of Lake Wobegon, described by American storyteller Garrison Keillor, “all the women are strong, all the men are good-looking, and all the children are above average.” This charming description captures a concept in psychology known as the "Lake Wobegon E...
Stop Oversimplifying: Complexity Exists for a Reason
access_time 2024-09-12T06:08:04.799Z face Vinayak Buche
Stop Oversimplifying: Complexity exists for a Reason In a world where speed and efficiency are increasingly valued, there is a strong tendency to oversimplify complicated topics. Whether in news headlines, social media posts, or even company initiatives, we frequently witness a trend of breaking dow...
Perfecting Your Spend to Revenue Ratio
access_time 2024-08-16T12:47:56.468Z face Vinayak Buche
Perfecting your spend to revenue ratio In today’s business world, financial metrics are crucial. They’re not just numbers; they help businesses make smart decisions, plan strategies, and determine success. One important metric is the spend to revenue ratio. This ratio is straightforward but very imp...