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Georg Hegel — 'We learn from history that we do not learn from history.'.
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George Santayana

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  • 11 future lessons we can learn from the history of business.

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Teaching history in the 21st century : Thomas Ketchell at TEDxLiege

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Provocative views on politics, society, and the state of humanity

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Do We Learn Anything from History? | The Contrary Perspective

Nov 09, PM. By using our website you consent to all cookies in accordance with our updated Cookie Notice. Contrary to received wisdom, the rate of change is not increasing in business and society as quickly as people think. It is true that from time to time change will occur at a higher pace.

High-Level Thoughts

And it also means we can learn from the past - and rest assured, those lessons will remain valid and useful in the future. The same goes for the business world. As Nitin Nohria, the Dean at Harvard Business School, told me in a recent interview, a sense of business history is important for business leaders to develop a contextual intelligence ; that is, a strong sense of the business environment they are navigating. For that reason, I have compiled a list of key lessons from business history that will still be relevant in the future. Jones , both from Harvard Business School.

The lessons below are based on their input, which is informed by their long careers spent studying this subject - and the lessons are stripped of all the business lingo and false assumptions that tend to dominate the management theory field. On the most fundamental level, people are driven by emotions. Sadly, the strongest emotions in a business context are greed and fear - which is why we will continue to experience asset bubbles that will burst.

There will be frauds and swindlers, like Charles Ponzi and Bernie Madoff.