I have never spent a day in a classroom in the Wharton School of Business at the University of Pennsylvania, but based on the behavior of one of its undergraduates, there is only one of two possibilities. The faculty of this prestigious institution does not understand the foundations of successful enterprises (which I doubt) … Read more
Judge Judy often reminds the participants in her “courtroom,” people who tell the truth do not need to have good memories. In other words, if you are going to make up a story to plead your case, you better be consistent from moment to moment. The credibility of witnesses in criminal cases often hinges … Read more
If you have not already figured out we live in a modern day version of DC Comics fictional planet Bizarro World, let me introduce you to the latest incarnation of Bizarro himself aka Mick Mulvaney. During a speech to members of the American Banking Association, the interim director of the Consumer Financial Protection Bureau … Read more
Yesterday, a frequent reader and friend sent me an article by Mark Buchanan of BloombergView titled “Why Trump Gets Away with Lying.” It points out how a survey taken after the 2016 election found, “Trump supporters don’t believe many of his lies, especially his most egregious ones.” According to the researchers who undertook the study, it … Read more
Many of you are familiar with the Turkish proverb, “A fish stinks from the head down.” From an organizational perspective, it means simply that any systemic problems which exist within an entity can be traced back to the leadership. If you’ve been paying attention the last few months you know that there has been a … Read more