Três conjuntos de cogumelos gigantes. Nunca vi nada assim.
Para terem uma ideia da dimensão dos cogumelos, na figura seguinte pode-se comparar a dimensão da minha sapatilha tamanho 42 com aquele conjunto de 4 cogumelos da figura acima:
"Then the economists, many on the left but some on the right, in quick succession 1880 to the present - at the same time that trade-tested betterment was driving real wages up and up and up - commenced worrying about, to name a few of the grounds for pessimisms they discerned concerning ”capitalism”: greed, alienation, racial impurity, workers’ lack of bargaining strength, women working, workers’ bad taste in consumption, immigration of lesser breeds, monopoly, unemployment, business cycles, increasing returns, externalities, under-consumption, monopolistic competition, separation of ownership from control, lack of planning, post-War stagnation, investment spillovers, unbalanced growth, dual labor markets, capital insufficiency, peasant irrationality, capital-market imperfections, public choice, missing markets, informational asymmetry, third-world exploitation, advertising, regulatory capture, free riding, low-level traps, middle-level traps, path dependency, lack of competitiveness, consumerism, consumption externalities, irrationality, hyperbolic discounting, too big to fail, environmental degradation, underpaying of care, overpayment of CEOs, slower growth, and more.
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One can line up the later items in the list, and some of the earlier ones revived à la Piketty or Krugman, with particular Nobel Memorial Prizes in Economic Science. I will not name here the men (all men, in sharp contrast to the method of Elinor Ostrom, Nobel 2009), but can reveal their formula: first, discover or rediscover a necessary condition for perfect competition or a perfect world (in Piketty’s case, for example, a more perfect equality of income). Then assert without evidence (here Piketty does a great deal better than the usual practice) but with suitable mathematical ornamentation (thus Jean Tirole, Nobel 2014) that the condition might be imperfectly realized or the world might not develop in a perfect way. Then conclude with a flourish (here however Piketty falls in with the usual low scientific standard) that “capitalism” is doomed unless experts intervene with a sweet use of the monopoly of violence in government to implement anti-trust against malefactors of great wealth or subsidies to diminishing-returns industries or foreign aid to perfectly honest governments or money for obviously infant industries or the nudging of sadly childlike consumers or, Piketty says, a tax on inequality-causing capital worldwide.
A feature of this odd history of fault-finding and the proposed statist corrections, is that seldom does the economic thinker feel it necessary to offer evidence that his (mostly “his”) proposed state intervention will work as it is supposed to, and almost never does he feel it necessary to offer evidence that the imperfectly attained necessary condition for perfection before intervention is large enough to have reduced much the performance of the economy in aggregate.
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The economists didn’t say how to attain the knowledge to do it, or how much their non-quantitative advice would actually help an imperfect government to get closer to the perfect society."
"The Paradigm A implication is that the strategist must construct a logical theory of how to achieve the goal chosen—and articulate it into a plan. It assumes reasonable people will follow along willy-nilly because of what has been scientifically proven.Por isso, ouve-se, tantas e tantas vezes a afirmação, para mim "infantil":
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Ultimately a well-constructed plan is a theory about how selected resources and their relationships must lead to the goal sought. The emphasis is on completeness and logicality and there is no distinction between theory/plan and strategy."
"É preciso que o governo defina uma estratégia para o país!"Como se a realidade fosse objectiva e igual para todos...
"Paradigm B is more realistic because it seems to bring “real people” back in.A mudança do paradigma A para o paradigma B é pressionada pela falta de conhecimento objectivo completo. A realidade é tramada! O que é verdade hoje, amanhã é mentira! O que tomamos por Juno, afinal não passava de uma nuvem. As lacunas no conhecimento têm de ser preenchidas pelo julgamento do estratega com base na sua experiência. Assim, em vez do plano perfeito, aspira-se ao plano tão bom quanto possível.
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presumes flexible and imaginative people are needed to provide creative inputs—for understanding is invariably incomplete and may not be rigorously logical. But it does not identify them or make them central to the analysis. OK, we discover our data is incorrect and our predictions do not turn out as expected. Likewise we are often ignorant of some of the necessary facts about the entities and their relationships until after we have acted. We get surprised. Then we muddle through.
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Paradigm B does not hang on rigorous plans; just plans that are as-good-as-practicably-possible. It allows gaps, to be addressed later by competent and imaginative people. Many things will not be taken into consideration and the hope is that it will all work out well in the end. It is muddling through. Successful business people are those who make “good calls” in such situations, successfully judging which facts to take into account and which to ignore, and who guess well when there are no facts to be found."
"Paradigm C moves away from the scientific methods as normally defined. It does not assume our socioeconomic world is comprised of objective facts about things and logical causal relations between them. Rather the strategist’s universe consists of ideas that lead people to do things, especially to produce and consume.E chegamos ao paradigma D:
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In Paradigm C the strategy’s core is a production/consumption idea, the entrepreneur’s idea.
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In Paradigm C tangible things, especially “resources,” matter strategically because they “carry” or “fasten” our expectations and desires.
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Paradigms C and B both spin on strategic judgment. But in Paradigm C the judgment needed is not about what is missing from what is known or knowable about a real situation
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Judgment is no longer subordinated to the logical plan. Rather the reverse. The strategy hinges on what people might be persuaded to think, how their expectations might be changed, and so induced to behave in a new way imagined by the entrepreneur."
"This is like Paradigm C in that it presumes the strategist’s world is made up of malleable people with changeable expectations rather than an unchangeable reality. But it goes beyond Paradigm C towards the logical limit that embraces the changeability of the entrepreneur her/himself in addition to the changeability of her/his world. Paradigms A, B, and C presume a stable entrepreneur with a chosen goal. In Paradigm A this goal drives the plan; in Paradigm B the plan + some judgments. In Paradigm C it is translated into an apparatus to persuade some other people to behave in a way that subordinates them to the entrepreneur’s goal."O que o paradigma A não prevê, não contempla é a surpresa, seja ela positiva ou negativa.
"Strategic work precipitates activity that goes beyond the possibilities theorized. Seeking surprise is part of the way we are, our restlessness and desire to inquire into and change (improve) the human condition. We are strategic animals and strive to learn more."
"Urban Outfitters adapta el producto que vende en cada tienda al público de la ciudad o del área. En Barcelona, sin embargo, la compañía ha introducido el mismo mix de oferta que en otras ciudades del mundo por la cercanía a la campaña navideña, ya que el grupo no quería retrasar más la apertura.E, recordando os rouxinóis de Robert MacArthur:
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“En cuatro semanas sabremos qué se vende y qué no y podremos hacer cambios”, admite el directivo. “También tenemos que aprender a vender con este clima: conocemos el norte de Europa, pero no el sur”, sostiene."
"Los precios de Urban Outfitters son sensiblemente superiores a los de la gran distribución, que domina el negocio de la moda en España, con cadenas como Zara o Mango. “No podemos competir con la gran distribución, no tenemos sus economías de escala –afirma Briars-; en Reino Unido también existen empresas de gran distribución, como Primark o New Look, pero no competimos con ellos”.Conhecer o seu nicho e perceber o seu contexto.
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“No vamos a entrar en bajar precios para competir”, sentencia el ejecutivo, que afirma que, hoy en día, “si tienes un buen producto y un buen concepto de tienda, la gente termina comprando”."
"So how do you really create strategy, rather than end up with a hodgepodge list like this? By following these steps:Trecho retirado de "A List of Goals Is Not a Strategy"
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Identify which stakeholders you depend on for success. It might seem obvious that you’d need to start here. (Moi ici: É fundamental começar pelos clientes-alvo e pelo ecossistema do negócio. Contudo, convém não esquecer a radiografia interna, a identidade, os pontos fortes e fracos) But most managers, even at the world’s largest companies, don’t take this basic step.
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Recognize what you want from your stakeholders. Because most management teams don’t identify key stakeholders, they don’t even get to this point.
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Why is sorting out the from so important? What an organization wants from each group of key stakeholders translates neatly into its objectives. For instance, sales and revenue growth will come from customers, productivity and innovation from employees, and quality goods and services at the right price from suppliers. [Moi ici: E os prescritores? E os influenciadores? E os reguladores? E os concorrentes?]
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Recognize what your stakeholders want from you. When management teams delve too quickly into problem-solving, they make assumptions. They think they already know what’s good for their stakeholders. As a result, their companies end up with products and services that don’t sell.
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When you articulate what key stakeholders want, you’re defining what I call “strategic factors.” ...They are those few things that you must excel at if you are to achieve a competitive advantage and, simultaneously, meet your corporate objectives." [Moi ici: Começo pelas experiências e resultados que os clientes-alvo e outros agentes do ecossistema do negócio esperam e valorizam]
"O negócio de fabricação de chinelos em pequena escala é relativamente novo no Brasil, pois até bem pouco tempo, esse negócio era dominado pelos grandes fabricantes.
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Embora a produção de chinelos por si só já seja uma ótima opção para quem quer ganhar dinheiro, o pulo do gato nesse segmento está na personalização das peças. Se você estampar os chinelos com imagens bonitas e criativas ou então acrescentar detalhes como tiras decoradas com strass, pérolas, miçangas e outros enfeites, o preço dispara e pode chegar facilmente a R$ 50,00. O custo de fabricação aumenta um pouco, mas em compensação a margem de lucro dispara.
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O mercado para chinelos personalizados é simplesmente gigantesco e com uma máquina de fazer chinelos você também pode entrar nesse segmento. Você pode criar chinelos personalizados para empresas, casamentos, formaturas e outras ocasiões, além de partir para uma linha fashion que agrada muito ao público feminino."
"Our job is to find the disconnected and connect them, to find people eager to pursue a goal and give them the structure to go achieve that goal. But just about always, we start with an already existing worldview, a point of view, a hunger that's waiting to be satisfied."Como fixei, numa formulação que apreciei:
"strategy lies at the intersection of the actor’s chosen identity, her/his intention, and the difficulties s/he faces in a specific context."A identidade do actor, da empresa, tem de estar em sintonia como uma "fome" à espera de ser saciada.
"Businesses that used to just sell products are courting customers with classes, entertainment, and social experiences.Batota, "experience economy" e co-criação.
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Consumers are increasingly responding to blended retail and entertainment experiences,
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“Millennials in particular are responding well to these enhanced shopping and recreational experiences. Businesses looking to engage these customers should consider crafting a hands-on shopping experience with a consultant or expert in the field,”"
"Sérgio Real diz que as condições hoje para quem quer avançar com um negócio de conservas são bem diferentes do que eram há 10 anos. "Quando entrava num banco e dizia que era conserveiro parecia que tinha lepra. Ninguém acreditava no negócio, porque a imagem que se passava para o exterior era péssima". diz o empresário. "A banca agora olha-nos de maneira diferente do que olhava há 10 ou 15 anos". adianta Sérgio Real."Os agentes de um ecossistema não são vítimas das circunstâncias, ou podem ser mais do que isso, podem ser agentes de transformação da realidade. Por isso, falar em "vantagens comparativas dos recursos portugueses" é demasiado simplista.
"The next step is to decouple strategy development from plan formulation. When formulating plans, the focus is on efficiency and internal matters (“what actions, resources, and performance will we commit to?”). Developing strategy is, in contrast, a creative act. It requires innovation, external focus, and significant iteration. If the two processes are mashed together, plan formulation will usually dominate and strategy will be relegated to high-level packaging.Em "Business Strategy - Managing Uncertainty, Opportunity, and Enterprise" de J.-C. Spender leio:
The final key to unlocking the true power of strategy is to free it from the calendar."
"Strategy’s meanings are always “situated” reflections of the knowledge absences the strategist chooses to grapple with in the pursuit of profit. “What are we going to do now?” is the key question, and time matters."Em "Elevate" de Rich Horwath leio:
"A major reason managers don't become more strategic over time is because they only perform the related task once a year during the annual planning process.E na sua empresa, quantas vezes por mês se têm conversas estratégicas?
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A skill deteriorates if the primary circuits comprising the activities in a particular behavior are not used for 30 days. If you're not dedicating time at least monthly to questions and frameworks to think strategically about the business, then you will not ne strategic."
"Your employees notice when you take action. And when you don't.Continua.
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When a storm hits your company, the instinct is to wait it out, to seek shelter, to work to set an agenda, not to let the outside world set it for you.
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And sometimes this works. But even if the storm passes, your employees remember. They remember the standard you've set and the way things are around here.
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Every time we give someone the employee of the month parking space for perfect compliance, or fire someone for creating a culture of disrespect, we send a message.
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Action or inaction are both forms of leadership and standard setting."
"almost every firm needs a different approach to innovation and strategy.A ênfase na experimentação e no "shape de future".
The future is not about prediction but about shaping the future with agile experimentation on what works and what does not work.
Regardless how much you plan, you will not predict the future because neither customers nor companies can anticipate what is possible. The only way to push for radical innovation is to accept the uncertainty and thereby accepting that with more traditional planning we can not predict the future.
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By saying so, I do not mean that we need no planning or management anymore. We even need it more than ever, but with a different aim. The aim should not be to predict the future but to plan a creative process how to shape the future."
"They hint at a future where the key is organizing talent, not necessarily employing talent.Mongo a entranhar-se!
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you may find the existing model of employing people in jobs is vulnerable to new ways of organizing work."
"Our research further indicates that more than 80 percent of all productivity variation occurs within a given sector for a given country and that there’s a “long tail” of persistently badly managed firms in all countries and across all sectors. [Moi ici: Por que não as deixam morrer de morte natural?] These findings suggest a significant potential for management-led productivity improvements in every country on Earth.
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Interestingly, there’s an almost complete lack of self-awareness among managers about the productivity or management effectiveness of their own companies: we found virtually no correlation between their independent rankings of the management practices of their companies and our own assessment, conducted as a double-blind study."
"Estado deve desenvolver uma acção empenhada na detecção e divulgação de mercados potencialmente interessantes e de vantagens comparativas dos recursos portugueses em relação a previsíveis concorrentes."Lembrei-me logo do Lugar do Senhor dos Perdões.
"The takeaway is to stop thinking about whether the industry you are in is "good" or "bad" — recognizing that as the wrong question — and to focus instead on what you can do to win where you are."Em "Lugar do Senhor dos Perdões (parte II)":
"A filosofia por trás do caso do Lugar do Senhor dos Perdões está relacionada com a proposta de António Vitorino no Prós e Contras de ontem: o Estado é que sabe quais os sectores de futuro em que se deve apostar."Em "Lugar do Senhor dos Perdões (parte III)":
"The magnitude of within-sector heterogeneity implies that idiosyncratic factors dominate the determination of which plants create and destroy jobs, and which plants achieve rapid productivity growth or suffer productivity declines."Lembrei-me logo de um vídeo que vi no sábado passado, em que Gary Hamel ao minuto 25 afirma que a melhor alternativa para os líderes é experimentarem, testarem (o nosso, fuçarem) e aprenderem com os erros, para melhorarem a abordagem seguinte:
"Organizations loose their relevance when there is more experimentation outside than inside"E, por fim, lembrei-me logo do que comecei a ler em "Business Strategy - Managing Uncertainty, Opportunity, and Enterprise" de J.-C. Spender:
"Strategy’s meanings are always “situated” reflections of the knowledge absences the strategist chooses to grapple with in the pursuit of profit. “What are we going to do now?” is the key question, and time matters. In our capitalist system these choices are incredibly varied, and strategic work is a corollary of this freedom of choice.Quem define o que é um mercado potencialmente interessante? Quem define quais são as vantagens comparativas dos recursos portugueses?
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So this chapter moves towards a notion of strategic work as the practice of managerial judgment, choice, and persuasion rather than observation, computation, and instruction...
Any definition that ignores the particularities and difficulties of the context in which the goal is pursued is useless “one-handed clapping.” Because particulars are crucial to the nature of strategic work, no general definition can work. Second, not every distinction helps. Sometimes market segmentation will matter, sometimes not. Likewise technological evolution will sometimes matter and sometimes not. Strategic work begins with finding the specific distinctions that are appropriate to help us wrap our arms around the particular collision of intention, context, and difficulty that is the firm.
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Merely being in a context does not mean you need a strategy; you may have no intention of changing your situation. Intention is not simply about reaching for a goal, it is also about purposively or intendedly moving away from your current position and towards another particular situation. Thus intention and strategy are bound up with the specific changes we want to make in specific situations. The essence of the managers’ strategic work lies in the difficulties that stand in the way of satisfying their desire to make these changes. Paradoxically we have to know who we are—strategically speaking—before we can delineate the context of our goal seeking. Socrates was absolutely right on this—know thyself! Strategy is as much about choosing who we are as about choosing a goal or the context in which to pursue it. Again, strategy lies at the intersection of the actor’s chosen identity, her/his intention, and the difficulties s/he faces in a specific context."
"Life is the most resilient thing on the planet. I has survived meteor showers, seismic upheavals, and radical climate shifts. And yet it does not plan, it does not forecast, and, except when manifested in human beings, it possesses no foresight. So what is the essential thing that life teaches us about resilience?Como se diz em inglês, "Shift happens!" e só a diversidade de opiniões e apostas cria a antifragilidade do todo e, mesmo as escolhas que parecem absurdas para uns, podem ser a solução para outros.
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Just this: Variety matters. Genetic variety, within and across species, is nature's insurance policy against the unexpected. A high degree of biological diversity ensures that no matter what particular future unfolds, there will be at least some organisms that are well-suited to the new circumstances."
"Contudo, produzir e vender para o exterior em quantidades significativas, exige um forte empurrão por parte do poder político, particularmente do Ministério da Agricultura."Luxleaks em versão portuguesa?
"Fica para outra altura a reflexão sobre o realismo de estratégias de subida na escala de valor em negócios B2B. Parece-me que isso é mais fácil em negócios B2C."A frase acompanhou-me durante todo o dia de ontem.
- Não me venham oferecer o mesmo que os outros. Vocês não têm preço para isso. Ofereçam-me este serviço X e este serviço Y. Não há ninguém no mercado a oferecê-los neste momento e, mais um ano ou dois e vou precisar de gente competente nessas áreas.Commodities versus diferenciação.
"Agricultores não conseguem dar vazão à procura."Na verdade os agricultores optam por culturas mais atraentes financeiramente.
"It is widely believed that restructuring has boosted productivity by displacing low-skilled workers and creating jobs for the high skilled."Mas, e como isto é profundo:"In essence, creative destruction means that low productivity plants are displaced by high productivity plants." Por favor voltar a trás e reler esta última afirmação.
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"Lovaglia’s Law: The more important the outcome of a decision, the more people will resist using evidence to make it."
"If an organisation is too stable it can ossify, but if it is too unstable it can disintegrate. Successful organisations work between these two conditions or states, in what Stacey called ‘the chaos zone’."
"If the customer doesn't care about the price, then the retailer shouldn't care about the cost,"
“It's not enough that we do our best; sometimes we have to do what's required”.
"Das Leben, das uns gegeben ist, ist uns nicht als etwas Fertiges gegeben, sondern wir müssen es uns gestalten, und zwar jeder sein eigenes."
"Eine Regierung, die nichts wert ist, kostet am meisten."
"Forget trying to persuade them; light their pants on fire."
"O futuro é o que importa. O futuro é a base do significado, é de onde vem o projecto que alguém tem para si próprio"
"The single biggest problem in communication is the illusion that it has taken place."
“It is not the strongest of the species that survives, nor the most intelligent; it is the one that is most adaptable to change.”
"o Marketing só existe a partir do pensamento estratégico, caso contrário "não resulta""
"It is difficult to get a man to understand something, when his salary depends upon his not understanding it"
"Perder diversidade é como arrancar páginas de um livro. Quantas páginas poderemos arrancar até deixar de compreender o enredo?"
The great enemy of the truth is very often not the lie – deliberate, contrived and dishonest – but the myth, persistent, persuasive, and unrealistic. Belief in myths allows the comfort of opinion without the discomfort of thought."
"By strategy, I mean a cohesive response to a challenge. A real strategy is neither a document nor a forecast but rather an overall approach based on a diagnosis of a challenge. The most important element of a strategy is a coherent viewpoint about the forces at work, not a plan."
"Un desastre està punt de succeir a Espanya. El malentès de la gravetat de la crisi costarà car als inversors, ja que tindrà profundes conseqüències per a tot el sistema bancari europeu", afirma.
Entre d'altres coses, Mauldin diu que "els inversors estan fumant crack si creuen que els bancs espanyols són entre els més forts d'Europa, ja que estan amagant les seves pèrdues".
“… there are no “sunset” industries condemned to disappear in high wage economies, although there are certainly sunset and condemned strategies, among them building a business on the advantages to be gained by cheap labor”
"o vencedor da vida, o optimista que vive em incesto com o próprio ego, é o traço mais frágil do líder"
"We shall not grow wiser before we learn that much
that we have done was very foolish."
You may not be able to change the world but can at least get some entertainment & make a living out of the epistemic arrogance of the human race.
"I wanted you to see what real courage is, instead of getting the idea that courage is a man with a gun in his hand. It's when you know you're licked before you begin but you begin anyway and you see it through no matter what. You rarely win, but sometimes you do."
“Trust your guts. But not too much!”
"Customers will try 'low-cost providers,' because the majors have not given them any clear reason not to." "
"Natal é quando as Crianças pedem e os Pais pagam. Défices é quando os Pais pedem e as Crianças pagam."
"A imprevidência dos povos é infinita, a dos governos é legal"
"What a man sees depends both upon what he looks at and also upon what his previous visual-conceptual experience has taught him to see"
“The leaders first task is to be the trumpet that sounds a clear sound”
"lamented the lack of any systematic data on the scale of unfunded IOUs that care-free politicians have handed out like confetti."
"Let them call me rebel and welcome, I feel no concern from it; but I should suffer the misery of devils, were I to make a whore of my soul..."
O problema não é o consumo. O problema é o consumo assente em endividamento."
"There are designations, like "economist", "prostitute", or "consultant" for which additional characterization doesn't add information."
When it becomes more difficult to suffer than change, you will change"
"Hope is not a strategy and a crisis is a terrible thing to waste"
The more you can see of the present, the more you can see of the future"
Yes, You can change the future, but only changing the present"
"Entrepreneurship is 'Having aspirations greater than your resources'"
“The single biggest reason companies fail is they overinvest in what is, as opposed to what might be."
"The first principle is that you must not fool yourself - and you are the easiest person to fool. So you have to be very careful about that"
"A estabilidade é uma ilusão"
"When we create the conditions of possibility, the universe becomes our co-conspirator"
Thinking about doing is not doing. Talking about doing is not doing. Doing is doing."
"'God has created me to do him some definite service. He has committed some work to me which he has not committed to another'.
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"Each of us has a mission, each of us is called to change the world, to work for a culture of life, a culture forged by love and respect for the dignity of each human person.
"As our Lord tells us in the Gospel we have just heard, our light must shine in the sight of all, so that, seeing our good works, they may give praise to our heavenly Father."
"The future is not there waiting for us. We create it by the power of imagination."
"confusing testosterone with strategy is a bad idea"
"Much consulting involves the application of models to a system, as opposed to getting involved in the system as a positive change agent""
"O Portugal que pára sem orçamento é precisamente aquele que vive dele e que há todo o interesse em parar."
"credibilidade da política financeira e dos seus executores está ao nível da credibilidade de uma barraca das farturas"
"The role of the manager is thought to be reduction of uncertainty rather than the capacity to live creatively in it"
"today an entrepreneur is closer to artists than managers"
"A business without a path to profit isn’t a business, it’s a hobby"
"If no one’s upset by what you’re saying, you’re probably not pushing hard enough. (And you’re probably boring, too.)"
"Storytelling isn’t just how we construct our identities, stories are our identities"
"'He who has a why to live can bear almost any how' "
"They can because they think they can"
"Se há coisa que não suporto é misturar catequese com negócios, é a incapacidade para calçar os sapatos do outro e só pensar na nossa posição de coitadinhos, pobres vítimas indefesas dos maus e que por isso precisamos do Estado todo poderoso para nos proteger e, nem percebem na volta, os juros que o Estado cobra por esse serviço mafioso de protecção que, ainda por cima não resolve nada."
"Empathy is like a universal solvent. Any problem immersed in empathy becomes soluble."
"In victory, do not brag; in defeat, do not weep"
"Value it's a feeling not a calculation"
"An economist is someone who has had a human being described to him, but has never actually seen one."
"Don't finish first--it's not about running a rat race. Start with a better ending in mind."
"If you sit in on a poker game and don’t see a sucker, get up. You’re the sucker.”
"The 'value added' for most any company, tiny or enormous, comes from the Quality of Experience provided."
"Crediting government with the success of entrepreneurs is like crediting the guy who built Bill Gates’ garage with the success of Microsoft."
"I have found that assuming social scientists understand the difference between correlation and causality is not generally a good one."
"Promising never to raise taxes, without reaching a deal on spending, really means a high and rising commitment to future taxes."
"Some things are so foolish that only an intellectual could believe them, for no ordinary man could be such a fool"
"os bancos não financiam a economia, a poupança sim"
"I do not know the key to success, but the key to failure is trying to please everybody"
"Never be afraid to try, remember... Amateurs built the ark. Professionals built the Titanic."
"terms such as 'experiment' and 'observation' cover complex processes containing many strands. 'Facts' come from negotiations between different parties and the final product - the published report - is influenced by physical events, dataprocessors, compromises, exhaustion, lack of money, national pride and so on."
"'science in the making' is 'the consequence of [a] settlement' of 'controversies'."
"If the state wishes to spend more, it can do so only by borrowing your savings or taxing you more. And it's no good thinking someone else will pay, that someone else is you."
"All failures of strategy are rooted in the assumption that outcomes are predictable."
"Doing things like your bigger competitors is how to get killed in the wars out there"
“Uma moeda boa e forte é como a saúde. Só lhe damos verdadeiramente valor quando não a temos.”
"Life’s tough. It’s tougher if you’re stupid"
"O homem de bem exige tudo de si próprio; o homem medíocre espera tudo dos outros"
"Change is a threat when done to me, but an opportunity when done by me."
"As elites foram deixando de falar das exportações à medida que se foi percebendo que o país consegue exportar sem elas"
"Your toughest competition is the little voice inside your head telling you to stop"
"Pain is just weakness leaving your body"
"Built to last" is bad economics. Built to do something great" is the better idea. Think: "Creative destruction."
"the world is an uncertain place no matter how many Greek letter equations you affix to a problem."
"You never change things by fighting existing reality. To change s.th., build a new model making the existing model obsolete"
“No, no, you're not thinking; you're just being logical.”
"Success is not a destination. It's the trail you leave behind you."
"Winners make a habit of manufacturing their own positive expectations in advance of the event."
“You’ve got to start with the customer experience and work back toward the technology – not the other way around”
"Strategy as the "smallest set of - intended or actual - choices and decisions sufficient to guide all other choices and decisions sufficient to guide all other choices and decisions."
"When something is commoditized, an adjacent market becomes valuable"
"nature evolves away from constraints, not toward goals"
"There aren't any textbooks on what to stop doing!"
"With great power comes great irresponsibility "
"Weird things happen when you take price out of the equation for consumers"
"‘It’s so damn complex. If you ever think you have the solution to this, you’re wrong and you’re dangerous.’"
"Saruman believes it is only great power that can hold evil in check, but that is not what I have found. I found it is the small everyday deeds of ordinary folk that keep the darkness at bay. Small acts of kindness and love."
"Increasing stuff that doesn't add value dilutes existing value."
"O federalismo não é a alternativa à troika, é a troika para sempre."
"Never underestimate the difficulty of changing false beliefs by facts"
"Stressors are information"
“If you hear a “prominent” economist using the word ‘equilibrium,’ or ‘normal distribution,’ do not argue with him; just ignore him, or try to put a rat down his shirt.”
"The advantage of experiences over things for most of us is that we can make them seem unique, which = scarce, which = value"
"Pedras no caminho?
Guardo todas, um dia vou construir um castelo"
"Without risk, faith is an impossibility."
"Não posso com quem vive a achar que os outros lhe devem sempre alguma coisa."
"In a world of increasing automation, our ability to perform tasks is not nearly as important as our ability to dream. The questions we need to ask are not ones of action, but ones of meaning"
"Me arrancam tudo a força e depois me chamam de contribuinte."
"Letting people vote for expensive programs that “somebody else” will finance is a good recipe for getting people to vote irresponsibly"
"what's fairness gotta do with pricing based in value?"
"The epic battle of our generation is between the status quo of mass and the never-ceasing tide of weird."
“Price is emotional”
"There will always be a reason why you can't pursue it, until competitors create a reason why you must."
"The most important thing to study is opening theory"
"The greater the contrast, the greater the potential"
“Customers don't care about your solution, they care about their problems.”
"Todos querem conhecer a verdade, mas o que desejam é que lhes contem uma mentira em que não sejam protagonistas."
"Execution efficiency strangles innovation in the crib, but not with malice, by default.”
"Our obsession with scalability is getting in the way of unleashing the potential of the 21st century."
"The system is optimized to mitigate risk, not create value"
"Champions are made when no one is looking"
"Don't bargain on value. Half as expensive is often twice as cheap."
"Customers care about outcomes, not effort, technology, or originality."
"
"You don't have to pick between 1) playing the game and 2) not playing the game. You can *change* the game."
""The first principle is that you must not fool yourself and you are the easiest person to fool." "