In economics, an externality is a cost to an uninvolved party because of the actions of another party. Its generally a non-financial price - but it can be positive or negative.
Published on Jan 24, 2024
We tend to put a higher burden of proof for theories that we don't like / agree with / don't want to believe.
Published on Jan 24, 2024
Looking at the problem from multiple different perspectives. Once you have different "frames" of looking at the same issue, you can choose a frame that is the most beneficial in that situation.
Published on Jan 24, 2024
There is a chance that one or more of the assumptions that we are relating on might be false. That puts the entire project at risk. We can 'De-risk' the project from this issue by identifying critical assumptions that we are making and testing these assumptions. If they prove to be false, change your strategy accordingly.
Published on Jan 24, 2024
Approach the problem from the opposite side. Instead of thinking how we can win, think how we can lose. Instead of how to sell a lot, think how could we sell very few.
Published on Jan 24, 2024
Parachute in, don't preamble: Cold start - start with the action. Don't go with weak openers like "I'm here to tell you a story about when I learned..."
Published on Jan 23, 2024
In this the 1-4 are called the Otto Scharmer's 4 Levels of Listening.
Published on Jan 12, 2024