​​​​When I taught MBA students, I explained that a theory was nothing more than a possible explanation of the facts. ​​Now these were just the facts that we knew about. ​​They weren’t necessarily the most important ones. In fact, they could easily have been the least significant ones. And t​hey weren’t all of the facts. They could’ve been a…

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It’s altogether too common to hear leaders, whether in companies or governments, try to absolve themselves of the responsibility for something catastrophic by speaking of the lessons that they have learned. Although some humility usually accompanies such admissions, the overall message seems to be that “we didn’t know any better.” Just learning lessons doesn’t solve…

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In 1952, Norman Vincent Peale published a book entitled The Power of Positive Thinking. To date, it has sold more than five million copies. Despite its popularity, there have been critics. By and large, they have suggested that positive thinking is an oversimplified solution to the complex problems that life throws at you; that you can’t simply “look…

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