In Theory But.....
Insights, musings, reflections, contemplation, and utter puffery by Tom Fediuk. He speaks for himself and not for the entirety of Impact Capitalist.
Crisis management is certainly a hot topic right now. Every day I am invited to crisis management webinars (which tend to be sales pitches with some aspects of crisis management). What worries me is that many of these webinars are a series of “best practices” based on prescriptive (what you should do) advice that is not grounded in any theory or research. Agencies that make blanket recommendations like this should not be in your network
Seriously. Right now. Stop giving back. Whoa! You are probably wondering if I have finally lost it. Isn’t that the epitome of greed? Aren’t we supposed to give back to those less fortunate than us? Aren’t we supposed to redistribute back into the system? (sorry, it is political nonsense season) Here is my question to you: What did you TAKE that you now have to give BACK? What did you do to make you bear
We hear a lot of rhetoric against wealth and the 1%ers who possess wealth. An Impact Capitalist question is: how did we go conceptually from the existence of the 1% of wealth holding individuals to be evidence that capitalism is evil and should be dismantled immediately? Is it the correlation between wealth generation/holding and the capitalist system? And is it the correlation (thus causation) between capitalism and people who do not have wealth? Have we
Does a business owner need to understand business to manage and grow that business? I mean more than just their business, but business principles and foundations in general. Can you make a successful business and not really know business? I ask students this question every semester. Students are trained to answer “Of course not – education is critical to success” and “how can we build/run a business through ignorance” and such. How can anyone succeed
Welcome to Davos week – where business and government leaders, activists and media created celebrities spray us with guilt ridden appeals to make a positive impact in the world. Well, any reader here at Impact Capitalist already knows that capitalism has the ability to deliver. However, the system’s ability for good and evil depends on how people and businesses act within these systems. What is problematic is not capitalism, but mindsets and behaviors of human
20/20. It is a concept usually associated with vision. While it is not technically perfect vision, it is associated with clarity in vision. 20/20 hindsight does refer to perfect clarity and vision of the past based on knowledge of outcomes. Everything is clear in hindsight (supposedly – interpretation of facts often differ – greatly). Monday morning quarterbacks (link out for this) are always right. In research, there is a concept of HARKing, or hypothesizing after
Tomasz A. Fediuk, Ph.D.
Tomasz A. Fediuk is a contributor, co-founder, and resident Advocatus Diaboli for Impact Capitalist. He is Managing Director at Family Business Strong, LLC, a research and resource management firm for business owning families and impact capitalists.