Rule 7: Think holistic

The traditional way of organizing companies was in functional departments where people with the same skillset and education could focus on specific challenges, solve these and then hand over the result to the department that would integrate all the parts from all the functions into one working system. The perceived advantage was that each expert … Read more

Rule 6: Build skills, not position

When I was a teenager, I thought the pinnacle of professional success was being responsible for hundreds of people in an organization. My dad was a regional manager in a big supermarket chain in the Netherlands and had thousands of people working in his area of responsibility and my view of success might have been … Read more

Rule 5: Lean into the future

One of the interesting facts uncovered by psychology is that people suffer three times as much from losing something they had as they enjoy getting something they didn’t have before. There are all kinds of convincing explanations coming out of evolutionary biology why this would be the case, but in the modern world, it easily … Read more

Rule 2: Focus on outcomes

Humans are habit-driven creatures. Some research suggests that up to 95 percent of the day, the average human is purely on auto-pilot, executing according to the habits that have been built up over the years. Habits have many advantages, including not needing willpower to execute them, but of course, there are risks. The primary risk … Read more

Rule 1: Clarify your purpose

One of the wonderful aspects of western society is that if you’re willing to work and have acquired a decent set of relevant skills, you can always find a way to make a living. I’m sure that there are exceptions, but I believe that, by and large, this actually is the case for many of … Read more

Your money isn’t real

Last week, my spaceship got destroyed, I read about NFTs and I pondered about bitcoin. Allow me to explain how this is all related. As I mentioned in an earlier post, occasionally I play Eve Online, an open world set in space. The most valuable areas in the game in terms of resources and loot … Read more

What it means to have a platform

Recently, I participated in a discussion set in the automotive realm. At some point, the conversation turned to platforms. After a while, I realized that there were several definitions of platform getting mixed up. Having worked with platforms since the 1990s, it has been really interesting for me to see how the very notion of … Read more

Culture versus strategy

Recently, in one of the company boards that I’m part of, we approved the new product strategy. This strategy is quite a deviation from the previous one in that we balance much more between investing in the current, main product, which used to get virtually all investment earlier, and new product initiatives to serve adjacent … Read more