Category Archives: Uncategorized

Prices Convey Knowledge

As a graduate student, I spent many hours in a computer lab writing code to run statistical models (yes, it was almost as awful as it sounds). One afternoon, after hours of doing battle with my code, I picked up … Continue reading

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Bureaucracy

Below is a video telling the story of a person with an entrepreneurial spirit that is crushed by bureaucracy. As you listen to the story, think about how it translates into the organization.   What are some ways we can … Continue reading

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How would you coach?

Below is a made up situation that represents known misunderstandings or misapplications of MBM®. Use the comments to leave your thoughts about how you would coach in this situation. Sarah is a member of a branding team. She’s asked for … Continue reading

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How to Fight Global Poverty

Here’s a video with some great reminders about how amazing free societies are and why MBM(R) is based on the ideas of a free society.  

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How would you coach?

Below is a made up situation that represents known misunderstandings or misapplications of MBM®. Use the comments to leave your thoughts about how you would coach in this situation. William comes to you in a panic. He says, “We have … Continue reading

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Studying the Guiding Principles: Respect

Guiding Principle 9 – Respect: Treat others with honesty, dignity, respect and sensitivity. Appreciate the value of diversity. Encourage and practice teamwork. Many of you know that there are no idle words in MBM®. Each word is there for a … Continue reading

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Competitive Advantage versus Comparative Advantage

Often, when I get the chance to hear about a new project or initiative I’m told, “we have the comparative advantage.”  My immediate reaction to this is (sometimes voiced, sometimes not): “Compared to whom or what?” The beauty of comparative … Continue reading

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Responsibility without Decision Rights

In MBM, we’ve learned from free societies that owners bear the consequences of their actions (both positive and negative). We translate that idea into the organization by establishing responsibilities, and then holding employees accountable for their responsibilities. Notice that these … Continue reading

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Vision Statement(s)

The purpose of the Vision Dimension is to determine where and how, given our capabilities and available opportunities, the organization can create the most long-term value for customers and society. This is a big purpose – one that requires a … Continue reading

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Career Development at an MBM organization

Over the past several months I’ve been thinking quite a bit about career development in an MBM organization. There are many different ways an organization can approach career development. You’re probably not surprised that MBM organizations use a general principles … Continue reading

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