Tag Archives: business lessons

10 Common Business Plan Mistakes and How to Avoid Them

Every company needs an up-to-date business plan. Although this is most obvious for start-ups, it applies to established firms, too. A business plan keeps everyone on track in implementing the company’s strategy and reaching its business goals. There is plenty … Continue reading

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Listen to Your Intuition | Business Lessons from the World Chess Championship Match Carlsen – Karjakin, Part 6

After 12 games of the world chess championship between Magnus Carlsen and Sergey Karjakin the score was 6-6, and a tiebreak became necessary to get a decision in the match. The tiebreak on Wednesday, 30 November, consisted of four rapid … Continue reading

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Face Your Mistakes | Business Lessons from the World Chess Championship Match Carlsen – Karjakin, Part 5

Game 10 of the world chess championship match between Magnus Carlsen and Sergey Karjakin was a tragicomedy of errors. In a slightly better position, Carlsen gave up his advantage through an inaccurate exchange of bishops in move 19. After that, … Continue reading

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Managing Risks with Circumspection | Business Lessons from the World Chess Championship Match Carlsen – Karjakin, Part 4

On Monday, 21 November, the world chess championship match between titleholder Magnus Carlsen and his challenger Sergey Karjakin saw the first decided game after seven draws. Game 8 took a dramatic course and ended in a win for Karjakin with … Continue reading

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Be Prepared | Business Lessons from the World Chess Championship Match Carlsen – Karjakin, Part 3

The Spanish writer Miguel de Cervantes (1547-1616) coined the famous phrase: “To be prepared is half the victory.” The current world chess championship match between titleholder Magnus Carlsen and his challenger Sergey Karjakin is proof that this old wisdom still … Continue reading

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Business lessons from the World Chess Championship Match Carlsen – Anand | Part 3: Prepare for success

Chess offers useful insights for business. On occasion of the current World Chess Championship 2014, I will highlight in a series of articles different business lessons to be learned from the game of kings. In part three, I explore the … Continue reading

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Business lessons from the World Chess Championship Match Carlsen – Anand | Part 2: Seizing the initiative

Chess offers useful insights for business. On occasion of the current World Chess Championship 2014, I will highlight in a series of articles different business lessons to be learned from the game of kings. In part two, I explore the … Continue reading

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