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Changing the behaviors of people is the foremost issue with every transformation initiative.

Nudge theory is a novel Change Management model that underscores the importance of understanding the way people think, act, and decide. The model assists in encouraging human imagination and decision making, and transforming negative behaviors and influences on people. The approach helps understand and change human behavior, by analyzing, improving, designing, and offering free choices for people, so that

The Theory of Constraints (TOC) is a methodology for identifying the most important limiting factor—i.e. constraint—and systematically improving it.  It was developed by Dr. Eliyahu Goldratt, introduced in 1984 book, The Goal.

TOC differs from traditional management views, in that traditional methods seek to make improvements throughout the organization.  They divide the organization into smaller, more manageable pieces.  The objective, thus, is to maximize the performance of each part, resulting

24 Concepts Every Young Person Should Know About Business

Source:

Steve Mariotti

Founder of Network for Teaching Entrepreneurship (NFTE) Author of An Entrepreneur's Manifesto

The Babson College definition of entrepreneurship is: "A way of thinking and acting that is opportunity obsessed, holistic in approach, and leadership balanced."

In honor of the Urban Entrepreneurship Summit being held at Rutgers Business School in Newark today, I wanted to present my thoughts on what the younger generation nee

An interesting request came through from one of our customers today and is worth sharing on the Causal Capital blog because a lot of risk practitioners struggle with some of the more complex areas of modelling uncertainty. This is especially the case when risk managers are attempting to assess the size of impacts from catastrophes.

In this presentation and video, we unravel Extreme Value Theory [LINK]