Bhavya Chowdhury Number of words: 1,243 *THE COBRA EFFECT* : Long but very interesting read for the decision makers : Hope you know about a term named Cobra Effect? If not, it’s time that you learn about it. The Cobra Effect is a term in economics. It refers to a situation when an attempted solution to a … Read more
Number of words: 618 This work suggested that memories might fade more rapidly as we age because memory is encoded by fewer neurons, and if any of these neurons fail, the memory is lost. (Photo: Representational/Pixabay) Washington: Researchers have identified the neural processes that make some memories fade rapidly while other memories persist over time. Using … Read more
Number of words: 249 I think it fair to say that by any convetional measure, a mere seven years after my graduation day, I had failed on an epic scale. An exceptionally short-lived marriage had imploded, and I was jobless, a lone parent, and as poor as it is possible to be in modern Britain … Read more
Number of words: 242 Perseverance and leadership skills, of course. What is less obvious – and much less boring – is what the speaker neglected to mention: that those traits are likely to be the charecterstics of extremely unsuccessful people, too. Think about it, Denrell observed afterwards. ‘Incurring large losses requires both persistence….and the ability … Read more
Number of words: 217 By far the most striking thing about the museum of failed products, though, has to do with the fact that it exists as a viable, profit-making business in the first place. You might have assumed that any consumer product manufacturer worthy of the name would have its own such collection, a … Read more
Number of words: 89 With no proper sanitation, Kibera’s primary means of disposing of human waste is what the slum-dwellers wryly refer to as ‘flying toilets’: the practice of defecating into a plastic bag, then flinging it as far from your own home as possible. Flying toilets add diarrhoea and typhoid fever to the neighbourhood’s … Read more
Number of words: 383 The security scanning procedures at Philadelphia, in common with those across America and the rest of the world, were becoming progressively tighter. Less than a month previously, Richard Reid, the would-be ‘shoe bomber’, had been tackled and subdued on board a flight from Paris to Miami, thereby intiating the era of … Read more
Number of words: 308 Shapiro did, in fact, start out as an all-American achiever, committed to his goal of becoming a highly paid management consultant. His punishing hours destroyed his marriage. ‘I’m not sure if my goals drove me to work the crazy hours I did,’ he later wondered,’ or if I used my goals … Read more
Number of words: 177 This problem goes to deeper than one might think. The standard answer to it, from the proponents of goalsetting, is that these are examples of people setting the wrong goals – overly ambitious or everly narrow ones. Of course, it’s true that some goals are wiser than others. But the more … Read more
Number of words: 327 One illuminating example of the problem concerns the American automobile behemoth General Motors. The turn of the millennium found GM in a serious predicament, losing customers and profit to more nimble, primarily Japanese, competitors. Following Latham and Locke’s philosophy to the letter, executives at GM’s headquarters in Detroit came up with … Read more
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