The void that cannot be filled with reason

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In a dynamic world, companies recognize the imperative of being entrepreneurial, of exploring opportunities outside their comfort zones. But it is not long before this new energy runs against the core organizational forces of reliability and accountability. Entrepreneurial activity needs to deliver foreseeable results, for how else could it be justified? As I explored in […]

From explaining the past to looking into the future

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Great piece in the FT (below) on the mis-use of mathematics in finance. The target of criticism are those who over-fit past data to profess a successful trading strategy for the future. It is not a long shot to extend this to explanations of entrepreneurial performance. To a large degree, we tend to look for […]

Succeeding by being out of control

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I have a growing interest in understanding the process through which entrepreneurial opportunities unfold from mere ideas. And it is becoming increasingly clear to me that the logic of process is fundamentally different from the logic of cause and effect, which over the years has become my default mode of thinking. In an unfolding process, […]