GRE’isation of entrepreneurship

Eric Ries(2011) introduced the concept of Actionable metric and Vanity metric by taking the example of a test preparation company called Grockit. This made me think about the formidable role Lean-startup played in the matricization of entrepreneurship culture. According to Eric Ries, "When cause and effect is clearly understood, people are better able to learn … Continue reading GRE’isation of entrepreneurship

Daniel Kahneman on expertise with reference to entrepreneurship

I have already posted about Kahneman and Klein(2009) arguing that “Skilled intuitions will only develop in an environment of sufficient regularity, which provides valid cues to the situation”. In the following short video, Daniel Kahneman elaborates some of the conditions that are necessary for genuine expertise to develop.