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Posts by Marcellino Nehme

Where the Super Rich Reside

Source: Statista

According to the Forbes Billionaires List of 2022, most of the world’s richest people are at home in the United States. The country counted 735 billionaires per the list’s last release Tuesday. This is several more than the second-ranked country, China, with 607 and many more than in third-placed India with 165. Click here to read the…

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The professor who beat roulette

Source: The Hustle

On a warm night in May of 1969, a throng of awestruck gamblers crowded around a well-worn roulette table in the Italian Riviera. At the center stood a gangly 38-year-old medical professor in a rumpled suit. He’d just placed a $100,000 bet ($715,000 in 2019 dollars) on a single spin of the wheel. As the…

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How Ikea tricks you into buying more stuff

Source: The Hustle

On a recent Saturday afternoon, Alex Santos journeyed to his local Ikea with a singular mission: the procurement of a new Poäng chair. It was a simple in-and-out task. But 3 hours later, the 37-year-old IT manager found himself in the parking lot, slightly stupefied, with a shopping cart full of hand towels, throw pillows, and martini…

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Overcoming obstacles to effective scenario planning

Source: Mckinsey

To embed scenario thinking, organizations must institutionalize new mental habits and ways of working. This, our colleagues have argued, means that leaders must simultaneously instill a conviction that change is needed throughout the organization, role model the desired new behavior, reinforce processes and systems to counter bias, and ensure that the company acquires or builds…

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