Business agreements are usually secured by written agreements that define the obligations of the parties and state what happens under various conditions. Having been party to a few business deals launched based mostly on enthusiasm and trust, I can certainly vouch for the importance of such agreements. Not everyone relies entirely on extensive documentation, though – oilman T. Boone Pickens famously collected $3 billion when courts upheld his handshake deal to acquire a piece of Getty Oil. And, we find, there’s actually scientific evidence that stronger contracts can reduce trust.
business neuroscience people relationships Roger Dooley trustKick it off. Drop the ball. Setbacks. A free pass. Take it over the finish line. Follow-through. The vocabulary of sports penetrates the business world. Due to the highly competitive nature of business, the concept of teams meeting on the playing field for a fierce contest has clear application to business as we’ve known it.
Denise Lee Yohn business changebusiness Denise Lee Yohn employees engagement front line strategy
Ever since I read Max DePree’s Leadership Jazz (great book, btw), I’ve always considered leadership to be both an art and a science. But I find there‘s a lot more content about the science of leadership (organizational design, management principles, etc.) than there is about the art.
business Denise Lee Yohn evolution leaders leadership peoplePost by: Sigurd Rinde
Those are leftovers from the industrial age and the biggest impediment to an effective society.
Before I hear the protest I can just as well agree that sometimes it's needed; like when I'm to meet somebody for a spot of lunch, or when an airplane or train operating company wants to ferry me and 120 other people at the same time, in the same contraption from A to B. Then exact time, and location, is useful.
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