https://padlet.com/jaceziegler/b454ucvsj6i Principles of Management en-us 2019-03-20 19:48:35 UTC 2026-02-18 22:24:58 UTC hello@padlet.com jaceziegler https://padlet.com/jaceziegler/b454ucvsj6i/wish/343523567 Peter Sims is the author of little bets, graduated from Stanford Business School where he got his MBA. He now advises businesses such as Qualcomm, Molson Coors, and Current Media. He coauthored the book Wall Street Journal and True North with Bill George. ]]> 2019-03-20 19:50:16 UTC https://padlet.com/jaceziegler/b454ucvsj6i/wish/343523567 jaceziegler https://padlet.com/jaceziegler/b454ucvsj6i/wish/343525274 Little Bets is focused around the concept of making small low risk bets that can open up opportunity for your business. The book explains that you want to make little bets in case the idea or product doesn't work, so you can try again. If you bet everything you have on one thing and it doesn't work then you won't have anything left to work with.]]> 2019-03-20 19:55:10 UTC https://padlet.com/jaceziegler/b454ucvsj6i/wish/343525274 jaceziegler https://padlet.com/jaceziegler/b454ucvsj6i/wish/343526392 R-Directed thinking and L-Directed thinking
L-directed thinking is linear thinking such as science, math, and completing tasks.

R-directed thinking is more creative thinking like music, art, and human skills.

Sims talk about how the business world is shifting toward R-directed thinking. People want a product to function perfectly but they also want it to have a cool good looking design.]]> 2019-03-20 19:58:08 UTC https://padlet.com/jaceziegler/b454ucvsj6i/wish/343526392 jaceziegler https://padlet.com/jaceziegler/b454ucvsj6i/wish/343529647 People have much more stuff now than they ever have. People are starting to change though, they want products with a meaning and a story more than they want quantity.
People are starting to value living smaller and living green. They want their things to also be green or at least the company that makes them support the green cause by donating portions of purchases or using recycled products.]]> 2019-03-20 20:07:48 UTC https://padlet.com/jaceziegler/b454ucvsj6i/wish/343529647 jaceziegler https://padlet.com/jaceziegler/b454ucvsj6i/wish/343530608 Sims also talks about refining your products by doing small innovations and testing the product then doing as many different iterations as possible. He uses Pixar as an example, Pixar's animators make comic strips and then they all come together and talk about hundreds of different ways to do it and different outcomes.]]> 2019-03-20 20:10:39 UTC https://padlet.com/jaceziegler/b454ucvsj6i/wish/343530608 jaceziegler https://padlet.com/jaceziegler/b454ucvsj6i/wish/343531468 The book Little Bets connects many different concepts in a very easy to understand way that is interesting. I would recommend this book to everyone. It is an easy read that has eye opening in sights.]]> 2019-03-20 20:13:09 UTC https://padlet.com/jaceziegler/b454ucvsj6i/wish/343531468 jaceziegler https://padlet.com/jaceziegler/b454ucvsj6i/wish/343532876 By Peter Sims]]> 2019-03-20 20:17:44 UTC https://padlet.com/jaceziegler/b454ucvsj6i/wish/343532876