With markets continuing to swoon, the next shoe to drop is likely to be hedge funds. That means tough times for hedge-fund filled Greenwich, Conn. (As Nick Paumgarten wrote in the New Yorker magazine recently, “If New York City is the heart of the marketplace, Greenwich is the liver, where toxins are processed and rich [...]

Ah, the good life. You made your millions or billions. Now it is time to kick back, relax by the pool…and manage your costly and complicated family office.

Associated Press

Family offices are must-haves for Upper Richistanis. If you have $100 million or more, chances are you’ll need a family office to manage your investments, travel plans, [...]

This article in the China Daily caught our attention:
Three hundred and twelve travelers were found to be HIV positive in the first seven months of this year, up 19 percent year-on-year, a report released Tuesday showed.
They were among 756,000 travelers who received random blood checks at border crossings, according to the report compiled by the [...]

Paris is awestruck and aghast. Jerome Kerviel, the 31-year-old trader denounced by Societe Generale last week for bringing the French bank to its knees with a Euro 4.9bn loss, is on course for a potentially stunning reversal of fortune. He is now in hiding with his lawyer, facing a bidding war for his story and [...]

A little while ago I had a conversation with an academic whose expertise is in political decision-making and negotiation. I described my interest in analytics and automated decision-making, and information systems in general. “I guess,” he said, “these companies you work with have some specific decisions in mind when they put all these information systems [...]

Benchmarking Overview:
In 1912, Henry Ford of The Ford Motor Company watched men cut meat during a tour of a Chicago slaughter house. The carcasses were hanging on hooks mounted on a monorail. After each man performed his job he would push the carcass to the next station. Less than six months later, the worlds first [...]

So much has been written about ways to achieve goals. Are there times when goal achievement can do more harm than good?
Goal obsession is one of the greatest problems that I encounter in my interactions with successful people. Goal obsession occurs when we become so focused on achieving our goal (or task) [...]