24
May

So, we are getting to the end of our second book and want to focus on the costs of trusting too much.  Yes, we think trust is important, but we are also trying to be balanced in our assessment.  Is it possible to trust too much?  Is there a cost of trusting too much? The […]

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18
Oct

Update 10-18-10: Here’s the latest from the Wall Street Journal: Many of the most popular applications, or “apps,” on the social-networking site Facebook Inc. have been transmitting identifying information—in effect, providing access to people’s names and, in some cases, their friends’ names—to dozens of advertising and Internet tracking companies, a Wall Street Journal investigation has […]

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5
Oct

We know that violating trust can often result in significant negative consequences:  emotional trauma, lost friendships, and even lawsuits.  Here’s evidence it can even cost real money, as in almost seven billion dollars. PARIS — Jérôme Kerviel, the former Société Générale trader whose rogue dealings almost brought about the French bank’s demise, was convicted of […]

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9
Sep

I was driving to pick my kids up from school, when I drove past two kids on a motorcycle.  The driver was wearing a helmet, yet the young lady sitting behind him was not.  My first thought as a parent was, “I would hope my daughter would never entrust her life to a boy who […]

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30
Jul

Update 7-30-10: Tony Hayward remains unrepentant about BP’s response to the disaster, as reported in today’s Wall Street Journal: At the onset more than three months ago, Mr. Hayward was attacked for saying BP could contain the spill and prevent an environmental disaster. That, plus a series of other missteps and failed efforts to stop […]

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14
Apr

Update 4-14-10: Toyota will now be halting sales of one of its Lexus SUVs due to rollover concerns raised by Consumer Reports, according to the Wall Street Journal: Toyota Motor Corp. said Tuesday it will temporarily halt the sale of a Lexus sport-utility vehicle after Consumer Reports magazine raised safety concerns about it. The move […]

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8
Apr

This was from today’s Wall Street Journal: WASHINGTON — Cyberspies have penetrated the U.S. electrical grid and left behind software programs that could be used to disrupt the system, according to current and former national-security officials. The spies came from China, Russia and other countries, these officials said, and were believed to be on a […]

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1
Jan

One of the topics we cover in our book is that in order for trust to develop, someone has to trust first.  Parents trust children to drive safely or do chores well and then give them more responsibility, which in turn helps children trust their parents.  Supervisors trust employees to perform well and then employees […]

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19
Nov

In our published research on how to downsizing effectively and in ways that preserve morale, one of the issues we didn’t think about tackling was the need for individuals to diversify their pensions and other savings well before any downsizing effort took place.  I guess we just assumed that people diversified their savings as part […]

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