managing

Modern companies as specialized venture capital firms

In the old days, companies actually produced stuff. They invented it, designed it, made it, marketed it, and sold it. Although there are still some companies like that, they'r

Not the sort of person who ...

Wise Bread is stuffed almost to bursting with suggestions on how to live large on a small budget. But certain suggestions trigger a particular kind of negative reaction:—w

Incentive plans always go awry

Ever worked someplace that had an incentive plan (as in, "Hit these targets and you'll get a bonus")? Here's a little tidbit for you: Incentive plans always go awry.