Mark Packard @mdpackard
Entrepreneurship Professor, Research Director of the Madden Center for Value Creation at FAU, and author. scholar.google.com/citations?user… Boca Raton, FL Joined September 2010-
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Most managers find it very difficult to defer to employees. But as Hayek argued, relevant knowledge to any productive task cannot be fully known by a central decision maker. Managers are often better off deferring to those who are dealing with the problems on the ground. The best managers constantly check their egoism.
Jeff Bezos reveals the simple phrase that saved him countless arguments running Amazon "Disagree and commit is a really important principle that saves a lot of arguing" "One of my direct reports would want to do something. I'd think it was a bad idea. We'd go back and forth and
@schackspelar @kmiguelm @ImShahinyan Then Qxh3#
@eliot_hennebo @xxChessMaster K can go f5 instead of e6
@siriterjesen @mungowitz I might be able to afford a house!
Most statehouses only talk about cutting property taxes. On June 2, Florida actually voted to put it on the November ballot🗳️A genuine win for taxpayers! My take on the Florida model, in @EpochTimes features statements from leaders @RonDeSantis @JayCollinsFL & @GovGoneWild who made it happen🔗⬇️
@RyanDGriggs It's pretty simple: we're incentived to be easy. College teachers are rated by their students. No surprise, students rank demanding professors poorly. We've known this is a problem for a long time, but no one has a solution.
@murlichandr @xxChessMaster Yes, and promotion to knight captures black's queen.
Thanks @profgoose for the 🧵& featuring this work with @faubusiness colleague @BryanPCutsinger We find 87.5% of programmatic accreditor-association pairs are legally embedded or identical. In a fresh run of the data this morning, I also find that higher structural entanglement is associated with lower grad rates and higher borrower delinquency. Important context as the committee works through the governance proposals at @usdoegov this week!
3/ The empirical case underneath that fight just dropped on SSRN. Cutsinger and Terjesen's "Captured Gatekeepers" studies 32 accreditor-association pairs and finds 87.5% are legally embedded within or identical to the trade association they accredit programs for. The proposals
@rishimaker @xxChessMaster How is Nd4 a solution? I don't see it. Black isn't in check and can play Qxd4. And how does Bd4 block mate? Nf2 is still mate?
@titterboy2 @xxChessMaster Ah, Pd4. Good call.
@johnmangili @xxChessMaster Doesn't put K in check. Black has Bxd4 and Qxd4
@P_Salvat @xxChessMaster Black has Bd4 and Qd4
@GMIgorSmirnov Q to h1 Black's move. Pawn is stuck. A rook must move. Wherever it moves, white rook takes, checkmate. If black's rook takes white rook (a1 or h8), white queen takes black rook, checkmate.
Do you manage your company efficiently? Do you run a tight ship? If so, you probably think you've set your company up for success. But you didn't. You've set it up for failure. Efficiency is the wrong mindset for business leaders. It's maximalist thinking in a world of endless change and growth. You need to think like an entrepreneur. You need to BE an entrepreneur. amzn.to/4uxtHtX
If you're interested in entrepreneurship, or applied Austrian economics, you'll enjoy Venture Mode by @hhhastings and @mdpackard: venturemode.biz
New book just released! Venture Mode. This is a fun one. @hhhastings and I take aim at universities, and business schools specifically, as root causes of bad business leadership. Learn how to get your business out of "administration mode" and into "venture mode"! a.co/d/09ZcMUfl
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