In the context of the above, I have tried to pay tribute, in particular, to Makers and Takers: The Rise of Finance and the Fall of American Business by Rana Foroohar, which I believe is a classic when it comes to describing the dilemma. Having disclosed all this, my goal is not to bash the “bad (read taker) guy”, but to reinforce the good (read maker) guys.
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Starting with a bit of history – the vagus nerve has appeared in various contexts in earlier articles. Despite these previous articles, a quick summary seems in order, especially since this topic involves so much psychological and physiological context. The vagus nerve is one of 12 cranial nerves – it being the largest. It extends from the brainstem to the abdomen by way of multiple organs, including the heart and lungs. >> Read Article
Perhaps the best way to illustrate how this paradox works (as in “bites you”) is with a cross section (in summary form) of (just some) of the errors/biases that I have discussed in various articles. As always, I have tried to simplify (oversimplify?) the content so as to make it quickly digestible. For example: biases are not necessarily irrational (but can still be problematic). >> Read Article
Approaching business armed with the relevant principals from neuroscience and psychology including related cognitive sciences – in an integrated fashion.
Business Brain Model is a unique academic/industry collaboration devoted to integrating and promoting business and relevant principles from neuroscience and psychology including related cognitive sciences. Business Brain Model demonstrates powerful lessons can be learned at the intersection of theory, experience and practice.
I’ve always been concerned that due to the fact I am an arts student or due to the fact that I believe fairness and equality come before all that I would not be accepted in the business world but this gives me hope. The Business Brain Model emulates the perfect business structure in my opinion….
MorganStudentUniversity of Guelph
I really enjoyed reading the post on the value of people in a business and the difficulty associated with managing different personalities and skills. I particularly enjoyed the discussion on empathy as one of the most special and important gifts of our brain. I believe that empathy is an aspect of the human condition that affects so many aspects of social relationships, and can completely dictate the way we feel about someone, how we receive and react to them, and in the context of a busines…
TylerStudentUniversity of Guelph
The blog post “The Most Difficult Aspect of Business is People” is a very good read and I think most if not all business owners should read it. I completely agree with the author’s thoughts about empathy. I think that most individuals tend to categorize sensitivity and the ability to understand and share feelings with weakness, therefore this always leads to there being “that guy” in most businesses. I believe that businesses that show more empathy have greater chances of success as it improves…
PunitStudentUniversity of Guelph
Rarely does a truly inspirational business leader come along who has achieved phenomenal success by challenging traditional thinking and is committed to sharing what he has learned with others – to improve business and the world. All too often organizations operate in cultures where tradition is revered and powerful systems prevent innovation from occurring. Yet both business and education are at a tipping point; mainstream practices are simply not sustainable – it must change. Successful leade…
Julia Christensen HughesDeanUniversity of Guelph, College of Business and Economics
In the “Business vs. Science: Are you losing this fight” blog, Bud’s main question is “if the information is available but is not being used, I put the question to you – why” and I believe this strongly relates as to why people are the most difficult aspect of business. I think being open to change is a huge obstacle that needs to be overcome by individuals in businesses today. I agree that change is scary and often requires a lot of preparation before it can be implemented, but the result could…
ErinStudentUniversity of Guelph
The Business Brain Model occupies a special niche, bringing together decades of experience across a very wide range of business and finance with an extraordinarily in-depth knowledge of the interface of neuroscience and psychology, including the latest developments in those fast-changing domains. This provides a singular insight into how these disciplines interact, and how recent developments in brain science can have a dramatic effect on business success. Bud’s writings should be required re…