Strategy

Revolt of Economics students

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See Teaching Economics after the Crisis.  J-C Trichet: ECB President “As a policy-maker, I felt abandoned by conventional tools.” (2010). This may be mostly about macro-economics, but reflects fundamental inadequacies in the underlying […]

Strategy

Preparing for one-off shocks

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Following my Weather hits utilities post, I just reviewed the EU-funded CRISADMIN project assessing one-off impacts on city infrastructure. This goes beyond a single utility to look at inter-sector effects, […]

Strategy

Business process and dynamics

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BP deals with processes for doing activities, which are done *to* things [people, equipment, orders, products, cash]. SD deals with the things themselves, which flow into, out of, and between […]