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Home / Articles / Governance / Education

Practical Implications of the Biology of Creativity

Jim Leis | August 26, 2009 · 8 Comments
Right Left Brain cross section

We all know creativity is a right brain activity. What else do we know? [...]

Filed in: Education - Keywords: Creativity, Lateralization of brain function, right brain left brain

Sunk Cost

Jim Leis | August 16, 2009 · Leave a Comment
The Concorde Fallacy

Costs that can not be recovered after they are spent.  Most ‘expenses’ are sunk costs. Disregard them during future decision-making. [...]

Filed in: Education - Keywords: Concorde, Economics, Sunk cost

Opportunity Cost

Jim Leis | August 16, 2009 · Leave a Comment

The cost of passing up the next best choice when making a decision is one many disciplines misapply. [...]

Filed in: Education - Keywords: Cash flow, Economics, Economist, Opportunity cost

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About

Jim Leis has led teams in systems design, finance, and marketing in a combination of private equity, public and private firms. His passion and talent is optimizing profitability in both failing and successful firms. Read more »

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