8 Scientific Concepts that Should be Better Known

Edge.org asks an annual question to the world’s “most complex and sophisticated minds” and reports on their insightful answers. In 2017, the annual question was “What scientific term or concept ought to be more widely known?” Below, I share a selection of 8 responses (out of 206) that I found to be thought-provoking. 1. The Trolley Problem of Moral Philosophy Original response by Daniel Rockmore “The Trolley Problem” is another thought experiment, one that arose in moral philosophy. There are

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Understanding the complete works of Christensen on Innovation

Clayton Christensen has been the undisputed expert on Disruptive Innovation. In this post, I will breakdown his complete works on disruption – a theory of competitive response to an innovation. His theories have been relevant to me in my interests of entrepreneurship, product management, and trying to articulate world’s problems. The content of this summary is derived from Christensen’s books of The Innovator’s Dilemma (1997), The Innovator’s Solution (2003), Seeing What’s Next (2004), and Competing Against Luck (2016). Lastly, I

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Understanding the Bankruptcy of Toys ‘R’ Us (It was not Amazon)

The news of Toys ‘R’ Us’s bankruptcy is widely received by the consumers (parents and kids) and the retail industry. However, some other retail bankruptcies, this was not “another retailer killed by Amazon” scenario. In fact, what drove them to their grave was: Their financing strategy of private equity (mostly debt) and How their financial strategy influenced their priorities and focus for innovation Let me expand on what I mean by their financing strategy and how that influenced the company.

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Understanding the History of Loyalty Card Programs

Having understood the objectives of a loyalty card program and evaluating its effectiveness, I wanted to study the history of it. After all, I find history to be a collection of unbiased facts that give a unique insight into the past. In the case of the history of loyalty card programs, I found some interesting facts that are worth contemplating about; It began in the Early 1700s and retailers quickly caught on – Here I would argue the “fear of

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Key learnings about effectiveness of loyalty programs for grocery retailers

Loyalty card programs offered by grocery retailers have intrigued me for quite some time. First, in my capacity as a cashier at Zellers (discount department retailer) where I earned a bonus for to signing-up customers for our rewards program – including the credit card. Secondly, in my teenage years where I used the SPC card wherever I could. Now, as a product manager for Checkout 51 and with the luxury of those past experiences, I’ve been working closely in the

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