what is sunk-cost fallacy in business?

Sunk costs are not considered in future business decisions because their value remains constant regardless of the decision's outcome. Is sunk cost fallacy good? Why is it important? The sunk cost ... Read More

Why Your Business Needs Critical Thinking

I write about strategy, leadership and Red Team Thinking. Cultivating critical thinking skills should be a top priority for any business that ... Employees who lack basic critical thinking skills ... Read More

Is Positive Thinking a Mistake?

Two studies published last year cast a bit of shade on the power of positive thinking and of avoiding negative emotions. This thinking came as a bit of a surprise to me, given that the business and ... Read More

How Divergent Thinking in Business Can Make You More Competitive

Divergent thinking requires the suspension of individual or collective (team) conformity long enough to see what possibilities lay just outside the established boundaries of business engagement. Read More

What Is 'Systems Thinking' in Business?

Pros and Cons Thorough analysis of all of the potential costs and benefits of a business decision or activity can help you avoid wasted expenditures. Systems thinking has been around since the ... Read More

Explainer: Yellen's "Chinese overcapacity" fallacy defies economic basics

US Treasury Secretary Janet Yellen misconception during the International Monetary Fund IMF meetings about the risks posed by Chinese overcapacity ... Read More

Philadelphia News

© 2024 American City Business Journals. All rights reserved. Use of and/or registration on any portion of this site constitutes acceptance of our User Agreement ... Read More

Business and Economy

The shareDowntown properties encourage residents to participate in twice-monthly community events — one in which they all gather to eat food, purchased from a local business, hang out and listen ... Read More

Startups News

Ranked by AC kilowatts of generation installed by local office in 2023 Showcase your company news with guaranteed ... Presented by Denver Business Journal + Pluralsight Small businesses are ... Read More

Back to Business

Each year Business News commences the year with a back to business lunch event to celebrate what is great about our state. In the past it has been an event that encompassed speakers’ journeys ... Read More

Business news from around the region

The Inpatient Rehabilitation floor at Northwest Health–Portage recently enhanced the way they celebrate patients who have successfully completed their intensive rehabilitation programs ... Read More

Redefining the endpoint and how to protect it

It’s time to replace that siloed endpoint detection and response (EDR) thinking ... that any business can deploy a single platform that will solve all their security woes is a fallacy. Read More