Having a global mindset

If you are a business student, you’ve probably heard the term “global mindset” multiple times before.  I can’t stress how many times I’ve heard this during my undergraduate program for economics, but I can’t also stress how important this mindset…

The five dimensions in the five factor model

Let’s say you want to hire a management trainee.  You give group of people a personality test that measures the five dimensions in the five-factor model.  Now, you have to decide which personality traits you would consider the most important for…

What is evidence-based management approach?

I haven’t seen “evidence based” term be used in management until recently.  Before, I thought it was mainly used for field of medicine or criminology.  According to the article “Evidence based approach” by Jeffrey Pfeffer, Dr. David Sackett defines evidence…

Data & Analytics Global Executive Study

I’ve just finished reading an article “Analytics as a Source of Business Innovation” by Sam Ransbotham and David Kiron from MIT Sloan Review.  It’s basically an article that says we are able to progressively access large pools of data and use analytics…

Problem statement and its importance

I just read “The Most Underrated Skill in Management” written BY NELSON P. REPENNING, DON KIEFFER, and TODD ASTOR.  The article written by these MIT professors discuss how neglecting to formulate a clear problem statement often prevents innovation and leads to wasted time…