Preparing for a Driverless Future: “What Was Your Last Car?”

Preparing for a Driverless Future: “What Was Your Last Car?”

My first car was an 87’ Suzuki Swift. It was white, with tinted windows and a purple strip light underneath. I had modified it to look cool while night-cruising around the beach in Whiterock, BC. “What was your first car?” I used to get asked this question a lot, mainly at the pool table or around a water cooler. But these days, there is a new ice-breaker question that is gaining ground: “Do you have a car?”

Corporate Credibility – Akio Toyoda Case Study

Corporate Credibility – Akio Toyoda Case Study

I’m often asked about how to build corporate credibility, which is both easy and hard. The key is to match what you say to what you do. Akio Toyoda had one of the biggest business leadership challenges so far this century. He led the Toyota Motor Corporation through arguably its most challenging season, on the foundation of measurable alignment between his own behaviours, and the company’s spoken values.

Entrepreneurial Escalation Bias

Entrepreneurial Escalation Bias

How can such a smart investor make such a bad choice… again?! A while back, I evaluated the viability of a major manufacturing unit and realized that the business unit was not going to be profitable. In spite of many millions of dollars invested and the fact that the 3 year project hadn’t even been commissioned yet, I had to recommend that the unit be sold off, or the product line changed dramatically.