How competent are you?

How competent are you?

The late Charlie Munger had as part of his wardrobe of mental models one he called ‘The circle of competence.’ He credits this idea with much of the success he and Warren Buffett have had in Berkshire Hathaway.

How the OODA loop destroyed Detroit

How the OODA loop destroyed Detroit

It took 25 years for the US auto industry to be destroyed by competitors who consistently were inside their decision cycles. It will not take that long again, for any industry.

Why are public bureaucracies crap at innovation?

Why are public bureaucracies crap at innovation?

Australia’s great challenge for the next decades is productivity.
We all know that, but we seem incapable of taking the steps that lead to our productivity increasing at a rate greater than that of similar nations.

How to Lose from a Winning Position

How to Lose from a Winning Position

Skype was officially euthanised on May 5, 2025, and millions of users were directed to the new player, ‘Teams’. Why did Microsoft let Skype die?

Are you relying on a broken crutch?

Are you relying on a broken crutch?

The market research system as used and abused by marketers for 50 years is broken. When it cannot answer a simple binary question like ‘who will win the coming election’, how can we reasonably expect it to deliver reliable answers to challenging questions about the future behaviour of customers and potential customers in a competitive and volatile environment?

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