American Express Case: the story of American Express Canada Key Takeaways: Ivey MBA, Howard Grosfield CEO of Amex Canada Article Total Service Experience: replace cards easily over night in the event of a lost card. Recognize me: be valuable; engaged employees = engaged customers. Empower me: to pay the balance […]
Innovation in Retail Asset Management: 1960 to 1980 Launch of Index Funds (Vanguard – 1975) Acceleration of mutual fund sales in the US first true “star manager” in Peter Lynch / Fidelity. 1980 – $8 billion est 1985 -$15 billion est. Sold Not Bought: Role of Salesperson Compensation: Historically: One […]
Marketing Myopia: Levitt’s 1960 HBR article The point of Levitt’s article was that businesses should focus on customer needs rather than business ideas. The illusion that a firm is in a growth industry is a common one. There are no growth industries! Presumptive growth is not guaranteed. They instead need […]
The CFA Institute produces an excellent curriculum that dovetails nicely with a top MBA program and/or undergraduate degrees in finance and accounting. Understanding how finance works to facilitate capital markets is a very useful and a worthwhile endeavor. It helps if you have an interest in how the economy and […]
1968 – A synopsis This chapter begins with the author deliberating about leaving his cushy job at Price Waterhouse to be able to devote more time to Blue Ribbon. However, financially, it wasn’t possible to just work at Blue Ribbon. So he decides to become an assistant professor at Portland […]
It is easy to dislike any entity that puts a price point on your health, seemingly taking advance of your “inelastic demand” ie. absolute need for their product or service. However, the economic reality (the dismal science) is more nuanced than most consumers can imagine……… We should be able recognize […]
Making Decisions On Things You Understand: Think very hard about the decisions you make, you only need to swing at the pitches that you know you understand. Build A Model For Understanding the World: What is it about your model of the world that is wrong? Understand how you […]
What if you were given a stipend from the government in order to live comfortably and chase that dream of becoming an ice sculptor or writing the next best seller? Would you sit toiling away at your desk? Or why not watch Jeopardy? Is it possible that different people react […]
The Scientific Method in Political Science These notes are a combination of notes from Matt A and Estelle H. Enjoy. Topic One: What is the scientific method? Overview Science as a body of knowledge versus science as a method of obtaining knowledge The defining characteristics of the scientific method The […]
FORECASTING Why forecasting is important: Managers use it for future allocations Analysts make forecast to communicate their view of a firm’s prospects Creditors make forecasts in order to determine whether their debtors can repay Investment bankers use it to determine who to engage in hostile takeovers. Good Forecasts of three […]
[The following should not be used as the basis for any financial transactions. But this is a synopsis of A Random Walk Down Wall Street. The book is the “cat’s meow” for understanding how Wall Street works. Malkiel’s conclusion is that it makes more sense to invest in an Index […]
It’s the most important work on American democracy and the US in the 1830s. Democracy in America is a very long book 1000 pages though. The truth is that every American and every Political Scientist should read it. Two ways to look at it: It’s a historical artifact: it’s historical. […]
Challenges of finding a Pure Play: it’s not easy to find a firm that is exactly like the other firms you are comparing. Loblaws & Metro: Outlets like No Frill (Loblaws). But what is days o inventory different at Metro: their days of inventory is shorter. Loblaws Joe Fresh Shoppers […]
Communism, Post-communism & Nationalism The following are in depth research notes on Communism, Nationalism and Russia from the perspective of both Eastern and Western academic thinkers. Politics, history, psychology are complicated. When the Soviet Union collapsed, the territorial maps were redrawn. Many Russian nationals become minority citizens of new countries […]
Start A Company In An Emerging Industry You Are Familiar With (Some What) (November 8, 1927 – March 28, 2018) Hungarian-Canadian Peter Munk moved to Canada 1941. He was of Jewish decent and Studied Engineering in the 1950s at UofT. There were no women in engineering in the 1950s….Peter Munk […]
This is an analysis based on Steve Jobs by Walter Isaacson and other sources of research. Enjoy. Location Really Does Matter For Entrepreneurs: You need to be in the right place at the right time. Being exposed to many ideas, variables, and potential inputs for accidental discoveries is better than […]
[Disclaimer this is a non-partisan publication] And I am no Facebook apologist, but I thought it was worth raising awareness about the following: [Transcript] Hey, I had to talk about this because I noticed, this morning, something really interesting, and I mean, more interesting than your standard cat video while […]
Math is Logic, Math is Beautify, Math is Abuse-able: Math is logic and it should be ported to social discussions. O’Neil worked with Larry Summers and O’Neil says that the trick of the economic downturn in 2008 was that everyone trusted the math nerds who were actually lying and engaging […]
Remember that analogies do not reflect your own reality. There are many types of CEOs out there. Here is one that is hilarious. Jeff Bezos and Amazon.com in 1999. Bezos was always nerdy. You should be a domain expert AND fresh thinking. Jeff Bezos has a Regret Minimization Framework that […]
[David Frum is an ardent ideologue, historian and political scientist. Frum is a Bush era Republican from Canada. The following is in no way supportive of the current US President. Any statement to contrary is intellectually deficient.] Trump’s Business Partnerships: Disassociation between Trump and his commercial interests has not […]
Walter Isaacson – Ben Franklin The following is an analysis and synopsis of Ben Franklin by Walter Isaacson. Chapter 1 | Benjamin Franklin and the Invention Of America Benjamin Franklins’ life is an interesting one, and the first chapter explores the depths of his character in the outset of that life. […]
Chainsaw Al & the Sunbeam Case: To unpack this story, first we need to look at the industry; Sunbeam is not particularly profitable in 1996 and they need a new CEO. Sunbeam is a seller of BBQs, dough mixers and other electronics appliances. They are selling discretionary items and counter-balance […]
There are a few critical steps to engaging in Business Analysis and Valuation. In this post, we begin with Strategy Analysis by looking at Financial Statements themselves as a means of describing business performance. Step 1 is the Strategy Analysis: What is the core strategy of the firm? How is […]
Artificial Intelligence Meets Radiology Artificial Narrow Intelligence is becoming a thing of its own with natural language processing also emerging as tools in healthcare. While IBM Watson is largely a marketing property, other healthcare giants are putting a real stake in AI. And coming up with semi-workable technologies. Note that […]
The WeChat App is the one app that rules all interactions in China with Alipay increasingly falling behind. North Americans are afraid of bundled information. Everyone in China is purchasing with their information bundled for commercial interest and as well as the State. What is clear is that China is ahead […]
Slides from Capital in the 21st Century, Thomas Piketty Piketty’s Thesis: Thomas Piketty’s thesis is that the rate of capital returns is greater than the rate of economic growth in developed countries. The message is clear “forget about income/salary inequality, take a look at wealth inequality!” Wealth is getting collected […]
Returning back from Japan with a 3 year contract of Onitsuka, Knight procrastinated in his communicating to Johnson that Nike needed an eastcoast store. Sometimes procrastination is difficult to avoid, Phil kept procrastinating giving Johnson the news that Johnson had to move to the East Coast. So much so that […]
Netflix video resolution can sometimes be really pixelated & low quality compared to Hulu so I wanted to find out exactly why. With your big screen TVs in homes everywhere, you might be watching House of Cards season 2 but it may not be as crisp as you had hoped. You might find […]
The stock of a corporation is partitioned into shares, the total of which are stated at the time of business formation. Additional shares may subsequently be authorized by the existing shareholders and issued by the company. In some jurisdictions, each share of stock has a certain declared par value, which […]
This production started in 1945 was finally completed in 2003. It was a collaboration between Walt Disney & Salvador Dalí.
Super Sonic is the past. But if corrections are made, super sonic travel may be the future in some form or another. The truth is that a Super Sonic aircraft is able to deliver passengers more quickly but expensively. The Concorde had its problems but the airlines and the manufacturers […]
Yes, Chinese Entrepreneurs are Innovative with Space Exporation On The Mind, Too #ChineseInnovations #ElonMuskIsNotSoSmart
The folks used to say Chinese people simply flout copyright laws by stealing western intellectual property, that is still partially true. However, not ALL Chinese entrepreneurs simply copy Western companies and content. Take Ruopeng Liu for example. His company is using helium to get into low levels of space which […]
I was talking to someone (in the know) about the Mars mission proposed by Elon Musk. And this babyboomer said it was too dangerous; the chances of the rocket not making it to Mars with the 50 – 100 passengers is very very high. Is he right? Musk certainly gets […]
Check out these handy charts which explains the difference between “second cousins” and “cousins once removed.” I’ve always struggled with understanding if my relative William French of Calgary is actually my cousin or my uncle or my nemesis. Just kidding on the nemesis bit:-) You see, William French’s mom and […]
Describing the revolt of the caring classes is David Graeber’s greatest contribution; he called them the “99%.” In this short video, David expands on this theme to suggest there is a quietly brewing problem in western countries; automation is displacing workers and workers have diminishing sense of meaning in their work. […]
Kelly Predicts The Future…Again Kevin Kelly is a founding editor at Wired magazine. As such, he has made some interesting predictions (a thousand true fans, for example) in many fields from technology to cultural and societal change. Of course, Kelly, along with Kurzweil and other futurists, have been wrong. As […]
The last 100 years saw the migration of millions of people into urban centres and then some of those people moved out to suburbs. As the technology in agriculture improved, the economics of extensive land ownership made less sense every incrimental season. However, the standard of living improved incrementally generally and unlike […]
Super Sonic speeds are rather remarkable. Notice that the water is being disrupted. I’m sure I would need to cover my ears in this situation. Can speed compensate for cost?
Richie Davidson’s talk at Google is rather boring but his findings are important. Meditation is not some weakling activity. It is critical for top performance and for brain workouts. Since the brain is plastic or maliable, we need to approach improving ourselves through neoroscience. In the future, we will treat […]
Reading time: approxiamately 55 minutes. Introduction | Becoming a Willpower Scientist Have you ever set a goal but then failed to follow through on what was required to achieve it? This article is about re-crafting your mind to get things done. Our journey through the foothills of the mind starts with […]
Tangential relevance is here to stay. I’m guessing there are some cunning aliens in Shopify’s marketing department. Nice video.
Excercising shapes the body and mind. Schwarzenegger believed in conquering the world, he has done that pretty well. It wasn’t luck, it was willpower (self-discipline). Although, he’s made some mistakes in life, he was driven by strong principles. He created goals for himself and then did what he could to […]
How might gamification be integrated into your everyday life? Well, probably not in the format suggested here. If you’ve ever seen old technology videos that try to predict modern day iterations, then you know that these types of predictions are wildly off. Still some food for thought.
Steve Wozniak explains his success with Apple!!!!!!!!
“It’s not so much about doing as it is about Non-Doing.”
This is a really fun gamification project. Who knew stairs could be this fun!!!!
This game is hilarious; not a bad idea really. It’s rather interesting concept where you complete tasks in order to win the game. I suspect more games of this nature are going to emerge. Who can forget all the fun associated with the classic sesame street characters!!!
According to Thomas Cronin at the University of Maryland, animals see things rather differently from human beings. Not really a surprise but it’s worth your time to see what that actually looks like as a human being. Cronin studies visual physiology. Through his research, it has been determined that certain […]
Chris Hadfield has popularised space exploration using social media and in the process marketed the objectives of NASA better than any living or past astronaut. The photos he took of us while on the International Space Station were pretty killer, my friends. Despite his somewhat inflamed ego, Hardfield continues to inspire […]
Getting things done is about being organised which can often start with your email inbox. Applying this method will truly enhance your performance at work. Start now in order to develop the habit of getting things done more effectively. Here are some notes on how to apply the Inbox Zero method […]
There are over 30,000 photographs of Paris in this slow motion visual photo shoot conducted by Mayeul Akpovi. The video is only 2 minutes long so that makes sense. Probably took a lot of patience as well. Is Paris the most beautiful city in the world? The detail on this video […]
Having bad things dealt your way is part of being human but the truly awesome always bounce back from adversity. to highlight that point, here’s a compilation of wipe outs & redemptions from the Sochi 2014 Olympic Games. Um, just press play & scroll…… ______ Hoping you feel better in […]
“Contagious Metrics”: (based on Jonah Berger’s system from “Contagious”) I consider 6 factors when determining what makes content viral. My content marketing grading system (1 low value – 4 high value) is shamelessly borrowed from Jonah Berger, and is used when looking at each idea with that frame in mind […]
This is an excellent video about posture, sitting and ergonomic well being from a furniture store in the US. I was particularly impressed with the quality of the video and the scientific argument presented. It could be fun to do some more research into this topic!
Please include attribution to Quib.ly with this graphic. This is a very interesting look into the development of Graphene, a material that is extremely strong and thus has many potential uses in manufacturing. Our great grandchildren may use a graphene-based elevator in order to travel outside of earth’s orbit, for […]
An excellent explanation of how Google search works.
Learn the history of the Highrise from Rome to present day. From the New York Times and the National film Board (of Canada).
Create an input sequence and PlayFun will walk through a game. The AI will look at what the goal of the game. This is a project by Tom 7. It’s pretty rad.
The thinking processes of the brain.
The potential of 3d printing is fairly immense and yet only a few companies are moving to help customer create personalised items: http://www.shapeways.com/
A cool pitch for learning about coding, learning how to code. Learn to code for real.
A pretty convincing case for what should happen with education.
Take a good look at London from the BT Tower!
Freaknomics demonstrates that academic ideas can be disseminated to the masses by being controversial, engaging and read-able. Steven U. LEVITT is exploring Causal Relationships that Have Become Conventional Wisdom. He wants to disprove them as spurious. Demonstrate other intervening variables. Levitt wants to discover what causes what: more police causes […]
Click on the Burj Dubai
The Higgs Boson Explained from PHD Comics on Vimeo.
An interest visual-aid based explanation of the Placebo Effect, probably a better way to communicate ideas. There is a classic about a John Lennon worth revisiting here: But how much does it cost to create these visuals? Is the cost-benefit sufficient? One of the problems with such labour is that […]
CLIMATE 101 from The Climate Reality Project on Vimeo. Some other fun clips by Bill Nye:
DOUBT from The Climate Reality Project on Vimeo. http://climaterealityproject.org/
Climate change is a very serious international problem that is likely to influence human development for centuries to come. Despite warnings of environmental crisis, the production of CO2 is not being abated but is in fact increasing as developing countries such as China and India continue to excrete immense quantities […]