Learning And Thriving In Turbulent Times
The first step expert entrepreneurs take is to identify the means available to them. I illustrated this in the post Stop Looking At What You Don’t Have – Start With What You Do Have! Then in the last post, I shared with you my story to illustrate the rest of the Effectuation Cycle. In this post […]
What Can I Do That Others Cannot? Read More »
This post is a continuation of the previous one. It’s about my journey from a stable university job to becoming a freelancer. And the Effectuation strategy describes it really well. Not surprising as Effectuation (by Prof. Saras Saravathy) describes what entrepreneurs actually do. So I was already practicing Effectuation without realising it! I hope my
From Faculty To Freelancer Read More »
Expert entrepreneurs start with what they have according to Sara Sarasvathy of Effectuation fame – the subject of a few of my more recent posts. Its the Bird In Hand Principle. And nowadays, everyone needs to start to think like an entrepreneur…even corporations. The sheer unpredictability of our environment demands this. (In fact you may
Stop Looking At What You Don’t Have – Start With What You Do Have! Read More »
“Come with me if you want to live!” That was the famous invitation the intimidating Terminator, having come back from the future, offered to a disbelieving Sarah Connor (played by Linda Hamilton) in the movie Judgement Day. Now I am not offering quite the same thing! But what I am going to discuss today has
The Best Future Careers To Survive The AI Onslaught? There Are 3 Types Read More »
Let’s see how all the principles of Effectuation come together as you watch the origins of the famous Ice Hotel. This video is the last in the series on Effectuation by Professor Stuart Read of IMD. Enjoy and I will see you in the next post and discuss what this may all mean for you.
IceHotel – How The Effectuation Principles Come Together Read More »
In an unpredictable environment, it is often the case that things do not go according to plan. Continuing with our series on Effectuation, you will see how expert entrepreneurs handle “setbacks”. In the 2 videos below, Professor Stuart Read of IMD explains and illustrates the Lemonade Principle we talked about in an earlier post.
When Life Gives You Lemons Read More »
Are entrepreneurs swashbuckling risk takers? You may be surprised at the answer! Continuing on with our series on Effectuation (the strategy that expert entrepreneurs use), you will get to see how expert entrepreneurs handle risk. Effectuation is not just for entrepreneurs but also for corporations that want to create a culture of innovation. Stuart Read,
Entrepreneurs Are People Who Are Risk Takers? Read More »
This is a question some of us ask by choice. Maybe we have decided that the corporate world is not for us. So we decide to start on a different journey. Or it could be that the loss of jobs due to automation (or other reasons) forced this journey upon us. Or as a leader
I Want To Become An Entrepreneur – Where Do I Start? Read More »
In the videos below, Saras Sarasvathy, protege of Nobel Prize Winner Herb Simon, Ted talks about the Entrepreneurial Method – how entrepreneurs actually work! There are some theories that we may have about entrepreneurs and what makes them successful. Maybe they were geniuses and /or great risk takers. Maybe they had a unique talent. Maybe
A Strategy For Unpredictable Times Read More »
As technology destroys jobs, it creates new ones and new opportunities. In the previous post, I talked about the boom in the e-learning industry, while traditional educational institutions have to re-look at themselves and prepare to retool for the future. It is now much easier for anyone with useful and employable knowledge and skills to
Multiple Streams Of Online Income Read More »