How to recognize bad business advice? - The Puzzle S01E06 [006]

07 December, 2023 2 min read
consulting, fads, hype, advice, business acumen, fallacies

 

In this episode of The Puzzle, Isaak and Bruno tackle the question of how to recognize bad business advice. Throughout their discussion, they caution against relying solely on aphorisms or generic advice that lacks substance; instead, they encourage seeking practical solutions through specific actions and challenging ideas in the context of real-world situations. They highlight how fostering an environment where individuals feel comfortable voicing differing opinions leads to more robust decision-making processes.

Additionally, Bruno and Isaak acknowledge that even though no one possesses all the answers, conflict is not inherently negative; rather, it can be constructive when managed well. This sentiment resonates with their current work on a software as a service (SaaS) platform for property management—an area where cross-functional collaboration and healthy disagreement have been integral to refining ideas and achieving better results.

The two experts also shed light on the pitfalls of relying on traditional consulting models, often perceived as “spineless” or lacking in independent thought. They express concern over companies that prioritize conformity and approval rather than genuine innovation, particularly when these organizations are known for their industry influence (e.g., MBB).

In summary, Bruno and Isaak’s conversation underscores the significance of fostering a culture where conflict is welcomed and individuals feel empowered to share diverse perspectives without fear of judgment or repercussions. By promoting open dialogue and encouraging active engagement in problem-solving processes, they believe that businesses can unlock their full potential for innovation.