Substituting expert judgment for business judgment

By rickColosimo / May 1, 2013 /

I’ve been reading too much about some fundamentally misguided corporate governance notions from Cornell Law School professor Lynn Stout.  Maybe it’s the author of the piece trying to make something out of nothing, but the article reads as if Prof. Stout simply knows what’s best for corporations, individual shareholders, and institutional investors. While it’s not…

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Spreadsheet errors aren’t the biggest problem

By rickColosimo / April 26, 2013 /

Following the recent hullabaloo about some seemingly simplistic spreadsheet errors in a recent study, many articles have decried the pervasive nature of spreadsheet errors.  What we’ve found though, is that just as typos are the not the biggest problem with written work, it is weak  or sloppy analysis that is the real problem in many more…

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World Autism Awareness Day 2013

By rickColosimo / April 2, 2013 /

Today is World Autism Awareness day. My Facebook profile picture is my 8yo son Dylan, showing you, and me, what he thinks of autism. I imagine it’s something along the lines of “I just want to do what I want and have fun like every other boy. Sometimes it’s just hard.” Other times I imagine…

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When you should stick to your knitting

By rickColosimo / January 17, 2013 /

How do you know when you should change your business or keep doing things the same way? Applying two principles, Security and Economy of Force, will help you determine what type of problem you’re facing before you decide how to analyze it. Here, we’re going to talk about making decisions that increase your business’s risk.…

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