When it comes to how decision makers understand problems, Nietzsche’s insights are as valuable to executives today as any lesson offered by modern business schools.

Future annual growth prospects for the Canadian economy remain under two per cent, which is a far cry from the over three per cent growth during much of Canada’s history. But it doesn’t have to be this way. All roads to productivity growth go through workers having the best, most innovative facilities and tools—that is, business investment. In Canada, consumer spending, at about 60 per cent of GDP, swamps business investment, at about 12 per cent. .....more

Canada’s economy could use a blast of innovation. After all, between 2005 and 2015, productivity averaged only 1 per cent per year, while economic growth averaged under 2 per cent. Unfortunately, despite public policy talk of supporting innovation, the government does not go far enough to provide innovation incentives. Indeed, the stimulants currently in place are inadequate to produce the high-performance economy that Canada requires. To help the .....more

Want an easy way to become a better leader in the age of uncertainty? Read philosophy. It helps remind us about what we should instinctively already know: to never be afraid to ask questions. As Bertrand Russell said: “To teach how to live without certainty, and yet without being paralyzed by hesitation, is perhaps the chief thing that philosophy, in our age, can still do for those who study it.” Brexit should drive business leaders to review existing .....more

With more monetary policy makers around the world navigating uncharted waters with negative policy rates, this article explains why.

Being a business executive is about leading, competing and winning — which is why sports stories can be valuable reference points for decision making and motivating. Take, for example, the National Football League’s Super Bowl XLIX, which was lost due to a terrible judgement call by the Seattle Seahawks coaches that provides a vivid illustration of something that is critical to business success — the willingness of leaders to listen, and the willingness .....more

Examining texts by William Lewis Safire and Garth Stein, this article puts forward the value of persuasion and rhetoric for executives. A significant task of executives is persuading people to commit to a corporate plan. Shareholders must be convinced to buy stock. Lenders must commit to loans and debt. Customers need to commit to products. Employees and suppliers must give their best efforts. To get commitments from stakeholders, executives can use .....more

If leadership is important to performance, then followership must be too, yet followership is a comparatively neglected concept. This article defines followership as the ability to take direction well, adhere to a program, be part of a team and deliver what is expected. In fact, how well followers follow is almost as important as how well leaders lead. The article identifies eight qualities of followers. 1) Judgment: The key is knowing the difference .....more

It's amazing just how far an old saying can travel: It's better for a business leader to be safe than sorry.