On Understanding the Dynamics that Drive a Company: Value Chain and System Dynamics

In this article, we will be understanding the dynamics that drive a company. In particular, I will introduce two different types of models for investigating these dynamics: the Value Chain ad System Dynamics. The first concept is particularly handy when you are seeking to design continuous small improvements, the second will be helpful when you…

Bubbles and Crashes: When the Invisible Hand Dishes Out an Invisible Punch in the Nose

You have no doubt noticed that the global economy has taken a beating in recent months due to the COVID-19 pandemic. Not just a regular beating either. The COVID-19 recession is the worst economic meltdown since the Great Depression of the 1930s. We are living through history whether we like it or not.  All crises…