Overconfidence as the biggest pitfall to innovation success and what to do about it

Overconfidence drives poor decisions. We humans, tend to focus on the evidence for outcomes that we believe and want to happen, while ignoring other possibilities. As a result, overconfidence is the biggest pitfall when it comes to bringing an innovative idea to practice. Now, research has shown an effective strategy to avoid overconfidence: focus on […]

Who is responsible for the future of your law firm?

The world is changing rapidly with regards to technology, security, international agreements, and national laws. So plenty of work out there to keep lawyers busy. However, that does not mean you can neglect the growth and future of your law firm. Who is going to make sure you stay on top and keep up with […]

The Data Does Not Work

Recently prof. Antoinette de Bont became full professor at the Erasmus University in the Netherlands. Part of the Dutch tradition is to give an ‘Oratie’ – a lecture to define your agenda and field of research as full professor at the University.

The Value of Feeling Valued

Employees are the most precious resource in law firms, engineering firms, hospitals and all other professional service organizations. Professionals are paid well, and value their paycheck. Yet, just paying your employees well is not sufficient to keep them happy. As study after study has shown, employees who feel valued perform better and stick around longer. […]

6 Tips to create a culture for innovation in professional service organizations

There are at least 1.3 million professional service firms in the US, who combined have a total annual revenue of $2.7 trillion dollars. The department of commerce expects that 50% of all new employment between 2012 and 2022 will be created in the health and professional services industries. In today’s world, to benefit from this growth […]