The Strategist
Management & Strategy

Ingvar Kamprad, the founder of IKEA, died at 91 - 01/29/2018

91-year-old Ingvar Kamprad, the founder of the world's largest network for the sale of furniture and household goods, IKEA, died on Saturday after a short illness. As reported on the IKEA website, one of the greatest entrepreneurs of the 20th century Ingvar Feodor Kamprad peacefully died at home in Småland in the south of Sweden at the age of 91 after a short illness. His family and friends were...

Emptiness and ignorance: unexpected helpers to leaders - 01/16/2018

We are used to be proud of our knowledge, skills and experience – those are qualities with which we diligently fill ourselves during all our life. No one writes in his CV: "I will bring ignorance to the team", "I have an empty mindset", "I prefer to listen to pauses". Companies do not say: "We are proud of our holes in customer service." Emptiness and ignorance are what we avoid. But what if...

Fresh start for the new year - 01/08/2018

So it goes like this in January: the important projects of the last year have been completed, the goals have been set, it's time to move forward, but ... where to start? And we spend the first month of the year getting back on track and wasting time. This is one of the forms of procrastination. Perhaps the most painful one, because you are actually motivated to do the work, but do not know what...

Visa's plan to push cashless transactions: what about ethics? - 01/04/2018

Cashless challenge is one of the first formalized moves by a private business since the beginning of the cashless slide which started at the end of last century, when consumers started leaving cash aside and paying with plastic instead. Since those early days, many new means of payment have arrived...

11 signs that a company is not worth your investment - 12/27/2017

A record high price-earnings ratio, which we see today in the market, makes investors look narrowly at cheap securities. This is not meaningless, but keep in mind that there are "value traps" in the market. Some stocks seem cheap at first glance, but their true value may be different. The cost style of investing has lagged behind in recent years. Although it is supported by people who are...

Asking for feedback effectively - 12/26/2017

People want to see results of their work. Most of them tend to constantly improve their skills, and getting feedback is a great way to achieve this goal. Let's figure out what results will bring this approach and how to ask for feedback. Motivating effect of feedback  The New York Times published an amazing article on the influence of feedback on physical performance. The described...

The Investment Association: British companies overpay top-managers - 12/20/2017

According to a list prepared by order of the UK government, 22% of UK companies are dissatisfied with the policies of their leadership. The list includes companies, more than 20% of shareholders of which opposed the increase in salaries of top managers or re-election of the board of directors. Among them are firms such as Burberry, Sky, WPP, HSBC. On Tuesday, The Investment Association, an...

Why creative thinking is necessary in business - 12/15/2017

It is believed that musicians, writers, poets and artists have a great imagination, while scientists, politicians and businessmen are rather realists. But when a businessman can demonstrate as much imagination as a painter, he is doomed to success. Creative thinking in business Creative thinking is precious not only to artists. It is equally important in business, because the creative approach...

Why do project managers need social intelligence? - 11/22/2017

Social intelligence is an ability to correctly interpret situations and people, as well as understand and manifest empathy with others' emotions. We selected several tips from "Emotional Intelligence for Project Managers" by Anthony Mersino, which will help you to improve your social skills. What prevents us from understanding others?   A clear vision of others is a critical skill for a...

Nine newly-minted tech billionaires - 11/16/2017

You've probably heard about Jeff Bezos, Mark Zuckerberg and Elon Musk, but do you know something about David Zalik, Patrick Collison or Lucy Peng? A lot of new members have joined the club of "technological billionaires" recently, and many of them are still little known. This list was initially compiled from Forbes and Bloomberg ratings, after which the rating was narrowed to those who had earned...
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