Learning From Failure Is Critical for Your Success

Learning From Failure Is Critical for Your Success

Why is learning from failure beneficial? How can you develop by learning from failure? Black Box Thinking shows how learning from failure can benefit you personally and society as a whole. Without making mistakes and learning from failure, the world would be a very different place.  Read on to explore why human development requires learning from failure. 

A Look at the Future of VR (Outside of Gaming)

A Look at the Future of VR (Outside of Gaming)

How can virtual reality be useful outside of gaming? Is VR the future? Will the virtual world sever interpersonal relationships? What kind of effect will VR have on mental health? When most people think of virtual reality, they think of an expensive gaming headset with mediocre graphics and limited games. However, VR is for a lot more than just video games. VR technology is becoming more prominent in healthcare, education, and even in the workplace.  Learn why VR may just be the future of technology.

Can You Trust Your Memory to Guide Decisions? No!

Can You Trust Your Memory to Guide Decisions? No!

When you need to make a difficult decision, can you trust your memory to guide you to the right choice? Will relying on past experiences help you make better choices in the future? According to Daniel Gilbert, a researcher in social psychology, you can’t trust your memories to help you make better decisions for the future. There are three reasons for this: you don’t remember common experiences, you tend to remember only how things end, and you remember how you should have felt rather than how you actually felt. Here’s an overview of how your memory misrepresents your past.

The Salad Oil Scandal & a Wall Street Bailout

The Salad Oil Scandal & a Wall Street Bailout

What was the Salad Oil Scandal? How did it—and the JFK assassination—lead to a Wall Street bailout? It was November 1963. Ira Haupt & Co. was in trouble. The firm had borrowed millions to invest in a company that turned out to be a fraud. Ira Haupt & Co. was about to go bankrupt, and its shareholders’ money was at risk. Keep reading to learn about this historic scandal and subsequent bailout.

Public Speaking: Strategies for Success

Public Speaking: Strategies for Success

What makes a great speech? What are some things you need to consider to plan an effective speech? To make an impactful and memorable speech, it’s essential to have a strategy in place. The first step in planning your strategy is to identify what type of speech you’re giving: explanatory—when you teach your audience something new,  persuasive—when you try to change your audience’s mind, or “revelatory” or imaginative—when you aim to delight or inspire. Let’s explore how public speaking strategies differ depending on the type of speech.

Stephen Covey’s Leadership Roles—Explained

Stephen Covey’s Leadership Roles—Explained

What are Stephen R. Covey’s leadership roles? How can you use the body, mind, heart, and spirit to lead others? Stephen R. Covey’s book The 8th Habit concludes that there are four roles a leader can inhabit: the Auditor, the Navigator, the Advocate, and the Captain. If you embrace the concept of Covey’s leadership, you’ll be able to use your body, mind, heart, and spirit to share your wisdom with your team. Continue reading to discover more about Stephen Covey’s leadership roles.

Bad Marketing: The 2 Strategies You Should Avoid

Bad Marketing: The 2 Strategies You Should Avoid

What are bad marketing strategies? Why are people so inclined to use these strategies for their marketing campaigns? There are plenty of marketing strategies to utilize for your business, but you should be wary of some of them. Bad marketing strategies can cost your company thousands of dollars, and you’re less likely to gain new customers from them. Here are two bad marketing strategies to avoid if you want your business to be successful, according to Byron Sharp in his book How Brands Grow.

The Trade Secret Case of Donald W. Wohlgemuth

The Trade Secret Case of Donald W. Wohlgemuth

What are trade secrets? What are the laws associated with them? How can you protect them? Though laws and regulations can shift based on the whims and follies of Wall Street’s big players, John Brooks writes that even one individual can change the legal landscape. In Business Adventures, he discusses a landmark trade secret case involving a man named Donald W. Wohlgemuth, whose employer tried to prevent him from accepting another job offer because he had knowledge of trade secrets. Read more to learn about trade secrets through the example of this historic case.

How to Create a Growth Mindset Culture

How to Create a Growth Mindset Culture

What is a growth mindset culture? How do you create a growth mindset culture?  A growth mindset culture is established when individuals make mistakes and then learn from those mistakes, rather than ignoring them. A growth mindset culture believes that failure is expected and that failure should be a tool for learning.  Read more to understand the concept of a growth mindset culture and how to create one.