Published in the San Diego Union-Tribune, June 26, 2023 by Neil Senturia Professional poker players know that continuing to play until they win — however they define winning — is often a losing strategy. Expert players abandon about 80 percent of their hands; amateurs play their starting cards more than half the time. The above […]
Neil’s Blog
Executives need to be bold, but know when to use caution
Published in the San Diego Union-Tribune, June 19, 2023 by Neil Senturia Let’s think about risk and outcomes. Tim Koller and Dan Lovallo, McKinsey executives, recently put out a paper on “Overcoming a Bias Against Risk.” Their theme is that corporations have become too timid and the financial decisions of individuals in the arena of risk […]
Beware of the potential of negotiating against yourself
Published in the San Diego Union-Tribune, June 12, 2023 by Neil Senturia From time to time, I do some “CEO coaching.” I think coaching can be a bit squishy in that it is hard to measure your value. Did your brilliant insight really find the key that unlocked the revenue, or did you mostly just […]
In tough times, do you cut people or cut salaries?
Published in the San Diego Union-Tribune, June 5, 2023 by Neil Senturia For those of us who have recently been told by the venture capital community to pound sand, it is time for a little schadenfreude. According to PitchBook, “for the first time in more than a decade, returns for venture funds were negative for […]
Do you have what it takes to become an entrepreneur?
Published in the San Diego Union-Tribune, May 29, 2023 by Neil Senturia My father was a radiologist. As I was growing up, I thought seriously about becoming a physician as well. Before I went off to college to study pre-med, my father took me aside and told me that he had no intention of working […]
Reasons why we selectively forget our wrongdoings
Published in the San Diego Union-Tribune, May 22, 2023 by Neil Senturia A simple story. I will let readers reach their own conclusion. I have subscribed to The New Yorker magazine for more than 30 years. Last week, I got a piece of snail mail that alerts me that they are going to “auto” renew […]