Sage Commander: Sharing insightful stories that shape the quality of our decisions.

In his best-selling book, Good to Great, Jim Collins introduced the hedgehog concept, which is a company’s discovery and laser-like focus on the one thing that meets all three of the following criteria: it is something the organization can be the best in the world at, is deeply passionate about, and drives their economic engine.…

One of the principles of operational risk management states to accept no unnecessary risk. I considered this recently when, on vacation to the Teton Mountains in Wyoming, my crew wanted to paraglide off the top of a 10,000-foot mountain. I counted the financial cost first and, in my typical fashion, immediately waived it off until…