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Business World

Failing to fail: behavioral insights behind startup failure

How to succeed in a startup business? Well, there is no cookie-cutter approach that works universally. Every business has a set of unique characterizing elements and has to find its optimal organizational balance. Notwithstanding the uniqueness of the success factors, which sometimes can be summarized with “luck”, there is an often overlooked commonality behind startup business failures which can be analyzed through behavioral lenses.  A well-known statistic is that 9 out of […]

Categories
Life

Balance may be the key to success

Since Daniel Goleman published his best-selling book “Emotional intelligence” in 1995 and brought this concept to the attention of the public, it has been widely appreciated but also debated and criticized. Emotional intelligence refers to the ability to identify, express and manage one’s own as well as others’ emotions. Its four main components are self-awareness, […]