conscious leader

Most business books are full of advice on the steps leaders should take to make their teams more effective. These books discuss such topics as how to structure meetings, improve performance, and get more out of their employees. That is, the premise of most of those books is that it is all about the employees.…

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innovative companies

Read Part I here and Part II here. Facebook Actively listening to employees is one of the characteristics of human leadership. Delivering and receiving feedback is massively ingrained in Facebook DNA. Delivering feedback is not just encouraged; it is required. Facebook trains employees on how to share feedback effectively using its internal method, which consists…

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capitalism vs socialism

See Part I here. “Capitalist economy is not and cannot be stationary,” posited Joseph Schumpeter. Capitalism is an evolutionary process, and the system is revolutionized from within through the constant introduction of new methods of production, new commodities, or new commercial opportunities. The desire to produce new items or old items in less expensive ways…

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capitalism vs socialism

I based my dissertation’s theoretical framework on Joseph Schumpeter’s seminal theory of economic development, which states that innovation is the stimulus for economic development and capital accumulation. Schumpeter was a German economist who introduced the early concepts of innovation and innovation-performance relationships. Schumpeter claimed that without economic development, the economy would settle into the circular…

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Innovative companies

Creating new jobs is always an important topic, but more so today than in the recent past, given the high unemployment rate resulting from COVID-19. Martin Babinec’s book More Good Jobs: An Entrepreneur’s Action Plan to Create Change in Your Community could not have come out at a better time. Babinec is an entrepreneur and…

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technology augment human capabilities

Many people are afraid of the changes technology will bring. However, they often forget that we have been adapting to technological changes all our lives. By adopting new technologies, we have been augmenting our capabilities even if we did not realize it at the time. The most obvious examples are the introduction of computers in…

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