Showing posts with label Business. Show all posts
Showing posts with label Business. Show all posts

21.4.08

Creativity is blocked (and encouraged!) by habits


Becoming more creative is not easy. Habits must be broken, perspectives changed, and thought patterns revised. Here are some reasons why it is difficult for most of us to be creative at all times:

The Known Vs. The New

People usually base their decisions on the best, most complete, and most accurate information or experience available. But the newer and more unique the solution required, the harder it is to get good and sufficient information. That is why the easiest solutions are not new and different.

Obstacles To Creativity

To unleash the creative process, much of what is usually known and taken for granted, must be looked at in a different way, for a new purpose

Habits Restrict Awareness

Habits tend to tune out those things and ideas around us that could be the basis for new insights; routine everyday decision-making works against searching for or accepting new ideas.

Rigid Categories Prevent Insight

We see the world selectively through a set of filters created by our experiences.
Wanting to fit new things into existing categories increases as we gain experience. Note the response of someone exposed to something new. They will probably start out saying, that it is the same as something they already know. If they are told it is not, they may take several tries at establishing an identification based on similarity with something they know.

The net-effect is that even when exposed to something new, we try to treat it like something familiar and we become reluctant to creating new categories.

Conceptual blocks

A conceptual block is a mind set that prevents a person from seeing a problem or a solution in an unconventional way.

  • Perceptual Blocks: Stereotyping, Imaginary boundaries, Information overload.
  • Emotional Blocks: Fear of taking a Risk, Dislike for uncertainty, Judgmental attitude, Lack of challenge
  • Cultural Blocks: Our way is right, taboos
  • Environmental Blocks: distractions in our surroundings
  • Intellectual Blocks: insufficient knowledge, denying the possibility that a solution can be achieved using a different specialty.
  • Expressive Blocks: inability or willingness to express ideas clearly to others or oneself



Overcoming the Obstacles
  1. Remove the fear of failure
  2. Change the solution mode. If the problem is being explored verbally, try making a diagram or representing it mathematically. Assume a solution and see if it can be made to fit the problem.
  3. Adjust attitudes. Emphasize the positive aspects of the solution. Ensure that risks are worth taking. Encourage the acceptance of alternate solutions.
  4. Use provocative Questions. Ask what if questions; get past the perceived block and then work backwards.
  5. Change the rules. Are specific rules or conditions blocking progress?

30.3.08

The Personal MBA


Business schools don’t have a monopoly on worldly wisdom. If you're serious about learning advanced business principles, the Personal MBA can help. The Personal MBA recommended reading list is the tangible result of hundreds of hours of reading and research, and features only the very best books the business press has to offer. So skip the fancy diploma and $150,000 loan - you can get a world-class business education simply by reading these books.


from BusinessWeek

28.3.08

Li Ka-shing


[from wikipedia]
Li Ka-shing was born in Chaozhou in the Guangdong Province, China in 1928. In 1940 the Li family fled to Hong Kong to avoid the turmoils in China.[5] Li's family stayed at the home of his wealthy uncle. The arrogance of Li's uncle with his immense wealth ignited Li's determination to make a place for himself in the world.

Li's father died in Hong Kong. Shouldering the responsibility of looking after the livelihood of the family, Li was forced to leave school before the age of 15 and found a job in a plastics trading company where he labored 16 hours a day. By 1950, his hard work, prudence and his pursuit of excellence had enabled him to start his own company, Cheung Kong Industries. From manufacturing plastics, Li led and developed his company into a leading real estate investment company in Hong Kong that was listed on the Hong Kong Stock Exchange in 1972. Cheung Kong continued to expand by acquiring Hutchison Whampoa and Hongkong Electric Holdings Limited in 1979 and 1985 respectively.

The Honourable Sir Li Ka-shing, GBM, KBE (simplified Chinese: 李嘉诚; traditional Chinese: 李嘉誠; pinyin: Lǐ Jiāchéng, Jyutping: Lei5 Gaa1-sing4, Li2 Gia1-sêng5 gdr, born July 29, 1928), is a wealthy businessman from Hong Kong. He is the richest person of Chinese descent in the world, one of the richest and most influential investors in Asia, and the eleventh richest man in the world according to Forbes with an estimated wealth of $26.5 billion on March 5, 2008.[2] Presently, he is the Chairman of Hutchison Whampoa Limited (HWL) and Cheung Kong Holdings in Hong Kong.

Considered one of the most powerful figures in Asia, Li was named "Asia's Most Powerful Man" by Asiaweek in 2001. Forbes Magazine and the Forbes family honored Li Ka-shing with the first ever "Malcolm S. Forbes Lifetime Achievement Award" on September 5, 2006, in Singapore.[3] In spite of his wealth, Li has a reputation for leading a no-frills lifestyle, and is known to wear simple black dress shoes and an inexpensive Seiko wristwatch. Li is also regarded as one of Asia's most generous philanthropists, donating over $1 billion USD to date to charity and other various philanthropic causes.

Vision is perhaps our greatest strength.. it has kept us alive to the power and continuity of thought through the centuries, it makes us peer into the future and lends shape to the unknown.

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