http://www.bizphyz.com/blog/commentary.php Type description here... en-us Fri, 20 Aug 2010 10:48:02 -0400 Fri, 20 Aug 2010 10:48:02 -0400 http://blogs.law.harvard.edu/tech/rss Just because something has not happened, does not mean it cannot happen. Does your business planning take the wild cards into consideration? If not, remember this: The outlier events, the extremes, are the ones that cripple a business. Plan for them.<br clear="all"> http://www.bizphyz.com/blog/commentary.php?entry_id=1282332039 General Business http://www.bizphyz.com/blog/commentary.php?entry_id=1282332039&comments=comments http://www.bizphyz.com/blog/commentary.php?entry_id=1282332039 Fri, 20 Aug 2010 10:48:02 -0400 I'd like your comments on this... Watch CBS News Videos Online <br clear="all"> http://www.bizphyz.com/blog/commentary.php?entry_id=1266889085 General Business http://www.bizphyz.com/blog/commentary.php?entry_id=1266889085&comments=comments http://www.bizphyz.com/blog/commentary.php?entry_id=1266889085 Mon, 22 Feb 2010 12:38:05 -0500 One of the reasons I started this site is to bring scientific thinking to business. For example, I believe too many business decisions are based on looking through the rear-view mirror.&nbsp; There are two serious problems with using past data to predict future results. First, historical performance, unless repeatable at will , is no indication of future results. Every investment must caution the potential investor of that very fact. You've heard those words many times: Past ...<br clear="all"> http://www.bizphyz.com/blog/commentary.php?entry_id=1266171769 General Business http://www.bizphyz.com/blog/commentary.php?entry_id=1266171769&comments=comments http://www.bizphyz.com/blog/commentary.php?entry_id=1266171769 Sun, 14 Feb 2010 06:22:30 -0500 No, not the candy. Morbidity &amp; Mortality Conference. It's a rough event. Sometimes when a patient dies in hospital from other than purely obvious causes, the case is selected for M&amp;M. The doctor responsible for the lost patient stands before his peers and explains the events leading to patient's demise. It's a dreaded process. Hard questions are asked and judgment questioned. Did you make mistakes? Why did you administer that drug? Why so much? Why so little? ...<br clear="all"> http://www.bizphyz.com/blog/commentary.php?entry_id=1264648392 General Business http://www.bizphyz.com/blog/commentary.php?entry_id=1264648392&comments=comments http://www.bizphyz.com/blog/commentary.php?entry_id=1264648392 Wed, 27 Jan 2010 14:14:25 -0500 Pressure. We're all under pressure. In fact, we're under a lot of pressure! The atmosphere is pushing us at about 14 pounds per square inch. What? That doesn't seem like much? Okay, take a single die (one dice) and place it on your stomach. Now place a 14 pound bowling ball on that single die. That's 14 pounds per square inch. We don't feel it because we're used to it. Depressurize a jet and you'd ...<br clear="all"> http://www.bizphyz.com/blog/commentary.php?entry_id=1250532019 General Business http://www.bizphyz.com/blog/commentary.php?entry_id=1250532019&comments=comments http://www.bizphyz.com/blog/commentary.php?entry_id=1250532019 Wed, 18 Nov 2009 11:46:35 -0500 Murphy's Law: Anything that CAN go wrong, WILL go wrong. Let's talk about this. Most people take Murphy's Law too lightly. They see it as a sort of humorous expression about failure. But it's a lot more serious than that. So let's look at the physics behind Murphy's Law and then I'll introduce you to Reich's Law of Success. Look carefully at the words that make up Murphy's Law. Anything that CAN go wrong, WILL go ...<br clear="all"> http://www.bizphyz.com/blog/commentary.php?entry_id=1257303976 General Business http://www.bizphyz.com/blog/commentary.php?entry_id=1257303976&comments=comments http://www.bizphyz.com/blog/commentary.php?entry_id=1257303976 Sat, 07 Nov 2009 06:35:23 -0500 Heisenberg. Uncertainty. Quantum physics. Particles. Well, what's it mean? When you get down to the smallest stuff, particles like electrons, it gets pretty hard to figure out where the darn things are. It's hard to figure out how fast they're going too. Here's where it gets weird. The more you know about where an electron is, the less you know about it's momentum or velocity. And if you can figure out its velocity, you won't know where ...<br clear="all"> http://www.bizphyz.com/blog/commentary.php?entry_id=1257129039 General Business http://www.bizphyz.com/blog/commentary.php?entry_id=1257129039&comments=comments http://www.bizphyz.com/blog/commentary.php?entry_id=1257129039 Wed, 04 Nov 2009 05:47:08 -0500 Do you know what gravity is? It's probably not what you think. Most people think gravity is a pull caused by a big thing---like a planet. The earth is big and if something out there comes by too closely, the earth will pull it in, right? Not really. Gravity does not pull. A massive object, that means big and dense and not just big, creates a dent in space/time. Imagine a trampoline. Now, put a bowling ball on ...<br clear="all"> http://www.bizphyz.com/blog/commentary.php?entry_id=1255652373 General Business http://www.bizphyz.com/blog/commentary.php?entry_id=1255652373&comments=comments http://www.bizphyz.com/blog/commentary.php?entry_id=1255652373 Thu, 15 Oct 2009 12:19:33 -0400 Billions and billions. Carl Sagan used to say that a lot. He used that expression to make a point and it worked. But was his point valid? The billions and billions Carl referred to were stars. Yes, there are indeed billions and billions of them. His argument went on to say that because there are so many stars, billions and billions, there must be planets, and therefore, life out there in great numbers. That may be but ...<br clear="all"> http://www.bizphyz.com/blog/commentary.php?entry_id=1254674864 General Business http://www.bizphyz.com/blog/commentary.php?entry_id=1254674864&comments=comments http://www.bizphyz.com/blog/commentary.php?entry_id=1254674864 Mon, 05 Oct 2009 04:17:44 -0400 When a super massive star burns out, what's left collapses. There is so much 'stuff' to collapse that this huge amount of matter compresses into a black hole. It's called a black hole because the pull of gravity from the dead star will not allow even light to escape. This is cool stuff to think about. But where's the business analogy? Well, before a massive star dies, it first expands very rapidly. It expands a little too ...<br clear="all"> http://www.bizphyz.com/blog/commentary.php?entry_id=1251248881 General Business http://www.bizphyz.com/blog/commentary.php?entry_id=1251248881&comments=comments http://www.bizphyz.com/blog/commentary.php?entry_id=1251248881 Sun, 06 Sep 2009 07:54:05 -0400 You've probably heard of a "Black Hole". Black holes form (we think) when big stars burn out, expand, and then collapse. There is so much stuff crammed into such a small space that the gravitational pull is incredible. In fact, the pull is so strong, nothing, not even light can escape from a black hole. Thus the name. As you approach a black hole, the pull gets stronger and stronger....and there is a place, a line ...<br clear="all"> http://www.bizphyz.com/blog/commentary.php?entry_id=1250559614 General Business http://www.bizphyz.com/blog/commentary.php?entry_id=1250559614&comments=comments http://www.bizphyz.com/blog/commentary.php?entry_id=1250559614 Mon, 17 Aug 2009 13:40:14 -0400 Here's an interesting topic for discussion. Force. What is force and how much of it does your business have in the market? Let's start with an experiment. Tie a piece of thread, not string, thread, around a shoe. You can tie the thread to the shoe however you wish. Wrap it around the shoe or tie it to the laces or strap; it doesn't matter. Just tie a piece of thread about 2 feet (no pun ...<br clear="all"> http://www.bizphyz.com/blog/commentary.php?entry_id=1250446358 General Business http://www.bizphyz.com/blog/commentary.php?entry_id=1250446358&comments=comments http://www.bizphyz.com/blog/commentary.php?entry_id=1250446358 Sun, 16 Aug 2009 06:12:38 -0400 Let's start with a simple idea. In physics, we know that all objects with mass have a gravitational pull on other objects with mass. We know that the bigger the mass, the greater the pull. And, the closer to an object you are, the greater that pull. If you are in a space ship far from earth, earth will exert very little pull on your tiny craft. But as you get closer, earth's gravity will begin ...<br clear="all"> http://www.bizphyz.com/blog/commentary.php?entry_id=1249668114 General Business http://www.bizphyz.com/blog/commentary.php?entry_id=1249668114&comments=comments http://www.bizphyz.com/blog/commentary.php?entry_id=1249668114 Fri, 07 Aug 2009 06:01:54 -0400