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Kathleen Eisenhardt is the Stanford W. Ascherman M.D. Professor in the Stanford School of Engineering. She is also a faculty member with STVP, the Stanford Engineering Entrepreneurship Center, and the Stanford Digital Economy Lab. Among the most widely cited entrepreneurship scholars in the world, Eisenhardt is the author of over 100 articles and several books, most recently (with Don Sull), “Simple Rules: How to Survive in a Complex World.” In this presentation, Eisenhardt shares strategies for founders of new companies in new and disrupted markets, providing case studies from her extensive research.
Kathleen Eisenhardt is an expert in strategy and organizational behavior. She studies corporate decision making. She says the most creative companies are like jazz bands. Bound by a few simple rules, they are able to innovate continually. Other companies are like orchestras, tied to rigid scores and complex rules; they find it hard to improvise. If innovation is your metric, Eisenhardt says, having a few simple rules is the best path to success, as she tells host Russ Altman on this episode of Stanford Engineering's The Future of Everything podcast.
An expert in corporate decision making explains why companies that follow fewer and simpler rules are often the best innovators. Kathleen Eisenhardt is an expert in strategy and organizational behavior. She studies corporate decision making. She says the most creative companies are like jazz bands. Bound by a few simple rules, they are able to innovate continually. Other companies are like orchestras, tied to rigid scores and complex rules; they find it hard to improvise. If innovation is your metric, Eisenhardt says, having a few simple rules is the best path to success, as she tells host Russ Altman on this episode of Stanford Engineering's The Future of Everything podcast.
This episode is all about our ‘built environment'. In other words, infrastructure – our roads, bridges, water system, and digital infrastructure. After listening to this one, it's more than likely that you will never think about this topic in the same way again. Think about when our roads and bridges were built. Who was in the room (often decades ago) making the decisions? What did they know? How do these decisions impact us today? What does that mean for current infrastructure decisions? A lot. Infrastructure can be viewed as 'institutional relics". Meet today's guest, Daniel Armanios. Daniel is the BT Professor of Major Programme Management at the University of Oxford's Säid Business School. His research and teaching integrates civil engineering with organisational sociology to better understand how organisations can coordinate to build, manage, and maintain infrastructure systems. Daniel is a super interesting guy – a Rhodes Scholar with a Ph.D. in Management Science and Engineering from Stanford University, he is an interdisciplinary expert yet a practical thinker. He has amazing insights and this leads to a fascinating conversation. We cover things like: How infrastructure decisions that are ‘rational' can sometimes create unequal outcomes; Why it's important for those designing and building infrastructure to think about who they might be excluded – and how to do that; Infrastructure as an 'institutional relic'; Political turmoil; Risk and uncertainty in infrastructure; Risk-taking as an academic Show notes: Daniel Armanios Daniel on LinkedIn Daniel's inaugural lecture at the University of Oxford Daniel's research on bridges Flint Michigan water crisis Jackson Mississippi water crisis Cancer Alley Grenfell Tower Fire Pittsburgh Fern Hollow Bridge and its collapse Social sensing Traffic by Tom Vanderbilt Gerd Gigerenzer on heuristics Kathleen Eisenhardt on simple rules Agile methodology Boeing 737 max case _ _ _ _ _ _ _ Like what you heard? Subscribe and/or leave a rating and review on Apple Podcasts: http://apple.co/1PjLmK Subscribe on Stitcher: http://www.stitcher.com/podcast/all-things-risk/the-all-things-risk-podcast Subscribe on Spotify: https://open.spotify.com/show/7z8jmcbiemLawrHmay65kH Follow the podcast on Twitter: https://twitter.com/RiskThings Drop us a note: allthingsrisk@gmail.com _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ Our free course module “How to Set Up Any Decision for Success” from our upcoming course How to Make Decisions With Calm and Confidence
In this episode we listen to Kathleen Eisenhardt as she talks about effective people that think simply. If you would like to get in touch with a Novaseek Success Coach to help change your thinking, go to https://www.novaseek.co.za/success-coaching/ to book your first session free of charge.
Frontline IB: Conversations With International Business Scholars
Kathleen Eisenhardt is Professor of Strategy and Organization at Stanford University's School of Engineering. She holds the S.W. Ascherman MD Chair and is a member of the Stanford Technology Ventures Program. Kathleen's research sits at the nexus of strategy, organization theory and entrepreneurship where she focuses on high-velocity markets and technology-based firms. She is currently studying strategy in distinct economic “games” like 2-sided marketplaces, cognitive processes, and strategy in nascent markets, particularly using multi-case methods. She has recently blended multi-case theory building with machine learning for more robust theory build. Her most recent book (w/Don Sull) is Simple Rules: How to Thrive in a Complex World, designated a top business book by the Wall Street Journal and Washington Post. Kathleen has worked extensively with firms in sectors, ranging from Internet, clean tech, software and semiconductor to agribusiness and biotech. She has been a Fellow at the World Economic Forum (Davos), and won numerous awards including AIB's John Fayerweather Eminent Scholar Award, Global Award for Entrepreneurship Research, SMS' career C.K. Prahalad Award, and AOM's career Scholarly Contributions to Management Award. Her papers have won the Schendel Best Paper Prize and ASQ's Scholarly Contribution Award (twice). Kathleen is a Fellow of the Strategic Management Society and Academy of Management. She holds degrees in Mechanical Engineering and Computer Science. Her PhD is from Stanford's Graduate School of Business. Visit https://www.aib.world/frontline-ib/kathleen-eisenhardt/ for the original video interview.
My guest today is Kathleen Eisenhardt, the Stanford W. Ascherman M.D. Professor and a faculty member in the Stanford Technology Ventures Program. Professor Eisenhardt is also author of over 100 articles in research and business journals, and the first author featured in Harvard Business Review's OnPoint collection. She has been a Distinguished Visiting Professor with Insead's Entrepreneurship and Family Enterprise area. The topic is her book Simple Rules: How to Thrive in a Complex World. In this episode of Trend Following Radio we discuss: Bottleneck concept Complexity is not always best Tax code for political gain Simplifying government Improving your probabilities with rules The Federal Reserve Jump in! --- I'm MICHAEL COVEL, the host of TREND FOLLOWING RADIO, and I'm proud to have delivered 10+ million podcast listens since 2012. Investments, economics, psychology, politics, decision-making, human behavior, entrepreneurship and trend following are all passionately explored and debated on my show. To start? I'd like to give you a great piece of advice you can use in your life and trading journey… cut your losses! You will find much more about that philosophy here: https://www.trendfollowing.com/trend/ You can watch a free video here: https://www.trendfollowing.com/video/ Can't get enough of this episode? You can choose from my thousand plus episodes here: https://www.trendfollowing.com/podcast My social media platforms: Twitter: @covel Facebook: @trendfollowing LinkedIn: @covel Instagram: @mikecovel Hope you enjoy my never-ending podcast conversation!
On today’s episode of Trend Following Radio Michael Covel interviews Kathleen Eisenhardt. Kathleen is Co-Author of the best selling book “Simple Rules.” She is also the Co-Director of the Stanford Technology Ventures Program. Her book’s foundation is based on the argument that too much structure and too many rules don’t get products out the door and the other extreme, no rules or structure tend to not produce results either. In short, simplicity beats complexity. Her book “Simple Rules” is not just about rules in business, but in all aspects of life; sports, entertainment, investing, diets, etc. Kathleen defines simple rules as shortcuts that save on time and are more commonly known as, “rules of thumb” (heuristics). Michael and Kathleen pull in examples from Google, Netflix, The White Stripes, Billy Bean and the Oakland A’s, General Motors, Stanford football and an expedition in the South Pole launched in 1912. Kathleen shows in all the scenarios how people who modeled the past failed and how the simple route conquered the complex every time. She stresses that the philosophy, psychology, and the system itself may not be so simple, but the rules to follow are. Kathleen and Michael go on to discuss people who make a living out of of being complicated. Lawyers, accountants, lobbyists make a living out of having a lot of rules nobody can decipher. Kathleen discusses the differences in risk adverse people, more strategic people and the people who just go ahead and wing it in business and in life. Kathleen explains her three step process in creating simpler guidelines. “Bottleneck” is the 2nd rule in the three step process. The “Bottleneck” is what keeps you from getting to the objective. It’s what holds you up from moving forward. You solve the bottleneck and you have solved your problem. In this episode of Trend Following Radio: Bottleneck concept Complexity is not always best Tax code for political gain Simplifying government Improving your probabilities with rules The Federal Reserve
Donald Sull is a global expert on strategy and execution in turbulent markets. He is a senior lecturer at the MIT Sloan School of Management. Kathleen Eisenhardt is the S. W. Ascherman Professor of Strategy at Stanford, a highly cited author, and the co-director of the Stanford Technology Ventures Program. The are the authors of the new book "Simple Rules: How to Thrive in a Complex World." In this interview, we talk about the complexity that surrounds all of us, and how by developing a few simple yet effective rules, people can best even the most complex problems.
Kathleen Eisenhardt is a professor of engineering at Stanford University and Co-Director of the Stanford Technology Ventures Program. Professor Eisenhardt co-authored “Competing on the Edge: Strategy as Structured Chaos,” which won the George R. Terry Book Award for outstanding contribution to management thinking and an Amazon Top 10 Annual Business and Investing book. Her newest book is "Simple Rules: How to Survive in a Complex World" which explores how simplicity tames complexity in business, life, and nature.
May 13, 2015 Lisa Calhoun & Dr. Kathleen Eisenhardt
Kathleen Eisenhardt, author of Simple Rules: How to Thrive in a Complex World, gives examples of keeping tasks simple to get them done. http://amzn.to/1GKAS7W
Kathleen Eisenhardt, a professor of management science and engineering at Stanford, explains the advantages of developing simple rules for business and life, sharing examples from industries ranging from startups to sports and entertainment. Eisenhardt, who teaches in Stanford's School of Engineering, co-wrote the 2015 book "Simple Rules: How to Thrive in a Complex World."
Kathleen Eisenhardt, a professor of management science and engineering at Stanford, explains the advantages of developing simple rules for business and life, sharing examples from industries ranging from startups to sports and entertainment. Eisenhardt, who teaches in Stanford's School of Engineering, co-wrote the 2015 book "Simple Rules: How to Thrive in a Complex World."
Earlier this month most of you completed your taxes. Probably either you had someone else do it, or you spent hours navigating the complexity of the Federal tax code. Perhaps that tax code is the apotheosis of complexity...with the possible exception of booking air travel. On the other hand, if we look at Silicon Valley, it’s filled with examples of companies that have figured out how to do a limited number of things, do them well and create minimal rules around it.In between is the vast landscape of culture and business which is continuously tilting from one side or the other. Always trying to find a footing that, in an increasingly complex world, makes their product or service or idea, simpler. Standing on the bridge of simplicity, particularly in the world of business has been Stanford Professor Kathleen Eisenhardt. Her new book is Simple Rules: How to Thrive in a Complex WorldMy conversation with Kathleen Eisenhardt:
Kathleen Eisenhardt, a professor of management science and engineering at Stanford, explains the advantages of developing simple rules for business and life, sharing examples from industries ranging from startups to sports and entertainment. Eisenhardt, who teaches in Stanford's School of Engineering, co-wrote the 2015 book "Simple Rules: How to Thrive in a Complex World."
Kathy Eisenhardt, co-director of Stanford Technology Ventures Program and professor in Management Science and Engineering, shares results from her research regarding successful ventures, addressing fundamental issues such as team building, market creation and financing.