Violating “unity of command” stifled

By rickColosimo / March 4, 2014 /

Here’s an interesting reference to the story about the “tech surge” to fix The story is interesting from a tech perspective, of course. It highlights interesting themes in the tech world about a discernable power law in the performance of great, versus merely good, developers.  But that’s not why I’m writing this. I’m hearkening…

Read More

Great Expectations isn’t just the name of a Dickens novel

By rickColosimo / August 7, 2013 /

We’re continually amazed by the plethora of articles in newspapers and financial magazines that trudge over old ground, or what we thought was old ground. Short example, before we get to the article: why do otherwise wise-seeming publications continue to publish the historical results of mutual funds? Why do they ignore that whole efficient market…

Read More

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…

Read More

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…

Read More