Innovation is the result of R&D which is something that requires vision, strategy, leadership, will-power, money, persistence, continuity. Vision requires solid preparation and plenty of knowledge. You don’t get great visions or flashes of intuition under a shower unless you’re obsessed with something and unless you’ve put plenty of time and effort into it. There…
China has made headlines recently when it devalued the Yuan and when its stock markets fell. By mid-July the Shanghai market was down by about 30%. At the end of July another fall of over 8% has been recorded. The stocks of global companies that rely on the Chinese market lost approximately $ 4…
As we know, excessive complexity is a formidable source of fragility. If you want to make something fragile, make it very complex. Problems are guaranteed. This is because a highly complex system may behave according to many ‘modes’ (in non-linear mechanics these are called ‘attractors’). High complexity means that under certain circumstances a system…
