Working Capital Conversation: Leading thinkers, practitioners and experts discuss the ideas that drive global business.
It’s one of the oldest rules in business, if not life: Keep It Simple, Stupid. So why is it so hard to do?
We are, it seems, overwhelmed by complexity – especially in business. Contracts. Fine Print. Procedures. It’s no surprise that nearly every company seems to have it’s own BPU – Business Prevention Unit.
Donald Sull believes he has an answer. Sull is a Senior Lecturer in the Technological Innovation, Entrepreneurship, and Strategic Management group at the MIT Sloan School of Management. With his co-author, Sull has studied companies and people who make simplicity work.
Turns out, these people don’t live in some magical world, where everything is easy. They create frameworks that simplify the things that are meant to be hard.
And now those frameworks themselves have been simplified for the rest of us in Sull’s book “Simple Rules: How to Thrive in a Complex World.”