By John F. McVea NOVEMBER 8, 2020 — 2:00PM Q: How do you know when it’s the right time to scale up and grow your business? A: One of the biggest challenges you face as an entrepreneur is growth. In the early years of a startup, an entrepreneur is often desperate for cash flow to make the…
By Glenn Karwoski SEPTEMBER 22, 2020 — 2:43PM Q: What are some examples of businesses that creatively pivoted during the pandemic? A: Businesses are always in the process of reinventing themselves, whether intentionally or in response to events and circumstances. There’s no better example of reinvention and forced innovation than what has transpired during the past six months.…
It is more about thinking about what we are really trying to achieve, who we are trying to become and how we can allow others to thrive. By John F. McVea Special to the Star Tribune JULY 26, 2020 — 2:00PM Q: What is the best way to lead during turbulent times? A: Unprecedented economic conditions have caused…
Tangible and abstract describes how we react more to vivid, immediate inputs than to ones removed in time and space, meaning we can pay insufficient attention to the adverse consequences our actions have on others.
The self-serving bias causes us to see things in ways that support our best interests and our pre-existing points of view.
Role morality is the tendency we have to use different moral standards for the different roles we play in society.
The overconfidence bias is our tendency to be more confident in our ability to act ethically than is objectively justified by our abilities and moral character.
Obedience to authority describes our tendency to please authority figures. We may place too much emphasis on that goal and, consciously or subconsciously, subordinate the goal of acting ethically.
Moral myopia is a distortion of moral vision that keeps ethical issues from coming clearly into focus.
Moral muteness is when we communicate in ways that obscure our moral beliefs and commitments, or don’t voice moral sentiments at all.
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