by Brooks Mendell | Mar 23, 2024 | Leading/Managing, Thinking/Analysis
In graduate school, I conducted research on managing risk in the forest industry. My working assumption was and remains that vigorous management of organizations requires the deliberate identification, assessment, and management of risks. In forestry, these include,...
by Brooks Mendell | Feb 18, 2024 | Communication Skills, Leading/Managing, Thinking/Analysis
Simple approaches can focus the mind. When thinking through the means and mechanisms by which disruptions could affect my business, my community, or the economy, I often ask two simple questions rooted in economic fundamentals[1]: Big or small? In other words, how...
by Brooks Mendell | Dec 13, 2023 | Communication Skills, Learning, Thinking/Analysis
We homo sapiens seem overwhelmed by information, technology, and choices. We sadly struggle to manage the daily deluge, cycling through frustration, indignation, anger, and melancholy. A simple scan of news headlines, op-eds, and online comments can fuel a sense of...
by Brooks Mendell | Jun 15, 2023 | Learning, Thinking/Analysis
Recently, I wrote a two-part series at Forisk on “Forest Products and the Economics of Timber Markets.” It focused on (1) the practical connection between the things we use and where they come from and (2) methods for organizing our thinking when making...
by Brooks Mendell | May 9, 2023 | Forestry, Thinking/Analysis
Several years ago, in the essay Average is the Enemy, I wrote about the “false shortcuts offered by averages” for making decisions. Averages give a sense for where the middle lies within a group. They offer a starting point for understanding a situation but, like...
by Brooks Mendell | Mar 19, 2023 | Forestry, Leading/Managing, Thinking/Analysis
As leaders, parents, investors, and coaches, we often make decisions with imperfect and incomplete information. Therefore, we benefit by having an approach or philosophy for dealing with uncertainty. When screening and evaluating analysis, I start by confirming that...
