Martin P Wilson

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Ideas, Innovation, Inspiration, Insight, IT

Facilitation and Mentoring for Success.

The Myths of Innovation by Scott BerkunThe Myths of Innovation is an interesting and challenging take on innovation and the creative process. It cuts through the many myths associated with creativity and especially breakthrough “Eureka!” moments.

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Madoff, the Man Who Stole $65_BillionBernie Madoff was convicted of a Ponzi fraud and sentenced to 150 years imprisonment. It is a story of failure by investors, financial services advisers and regulators.

World’s Largest Ponzi Fraud, Financial Services and Regulators Fail

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Five Minds for the FutureAccording to Howard Gardner the fast-paced future will demand mastery of a set of "minds" that will require new ways of thinking about education for everyone.

Educating for Success Skills in a Globalized and Complex World

In Five Minds for the Future Howard Gardner sets out the personal capabilities and abilities that everyone will need to thrive in the complex and globalized future. After an introduction the author sets outs out the five minds:

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Subcategories

  • Books
  • Thoughts

    Frequent Thoughts and comments on life, business, management and organisation.

Quick Thoughts

Has Military Action Ever Dissuaded Tyrants?

Syria - flagIn his speech before the war in Iraq Tony Blair, the UK Prime Minister, argued that not intervening would send a message that tyrants would feel at liberty to act without consequence. By military action in Iraq, he argued, those who would perpetrate atrocities would think twice. There would not seem to be any evidence, before or since, that would back up that contention.

We now have David Cameron, the current Prime Minister, making essentially the same arguments – do politicians ever learn from history?

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Government Spending is not Driver of Growth

Parliament Square London IC02001If more public spending is the only way to create growth then surely governments have become too large a part of the economy? Government is about spending and has little to do with creating wealth.

The best government can do is move wealth from individuals and business to those who serve government.

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Capped Bonuses, There May be Trouble Ahead

Politicians do not seem to be good at imagining unintended consequences. The cap on bankers’ bonuses, however popular, may be counter-productive in reducing risk.

Dark Stormy Skys and Beauty Often CoexistIf a smaller proportion of a trader’s income is at risk if a trade goes wrong they may pursue high-risk opportunities to get that big win. If it works they guarantee the full bonus and could also use it to negotiate a higher salary (and bonus) for the following year. If it fails the downside is limited by the capped bonus to a smaller part of overall income. At the end of the day traders are competitive and gamblers at heart so will they be more likely to pursue the big win when their own risk is limited?

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