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Posted by on Jul 18, 2014

Affordable Care Act’s Butterfly Effect

In conversation, a friend often mentions the “Law of Unintended Consequences,” which refers to chain-event related outcomes that may not have been foreseen when an initiating action occurred. It is an extension of Chaos theory’s “Butterfly Effect” that suggests unforeseen linkages such as, “When a butterfly in California flaps its wings, weeks later, a typhoon […]

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Posted by on Apr 9, 2014

Bar Rescue – Turnaround Management

I have recently discovered a TV reality show called Bar Rescue, which is now in its third season on Spike. The premise of the show is that the fantasy of being in the bar business attracts owners with little experience into this highly competitive world, where businesses fail early, and often. Because of the mismatch […]

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