Blog Standard – Perikles Vrouvas

The era of “Mostability” — how modern technology tries to make you more effective wherever you are.

June 18, 20250Comments

Remote working was a slight trend before the coronavirus strike in 2020. The pandemic that followed made this trend bigger. As you can see from the above graphic, only 15–16…

10 books for the professional manager

June 18, 20250Comments

As I wrote in a previous article presenting the House of Command tool, Management is about developing and managing people. For more information, click here. Experiencing 16 years of owning and…

Having troubles managing people? Try the House of Command

June 18, 20250Comments

The context Being a manager is a tough and challenging job, especially when the fundamental resource of all time is scarce. Add conflicting roles and obscure goals; you have an…

What can companies do during a recession?

June 18, 20250Comments

Economic recessions can be challenging for companies as they bring declining consumer spending and increased competition for business. However, there are steps that companies can take to weather the storm…

5 main ways to fight inflation

June 18, 20250Comments

Inflation is a persistent increase in the general level of prices of goods and services in an economy over a specific time. It is a significant economic issue that affects…

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What research reveals about most companies’ strategic problems

June 17, 20250Comments

Every business leader and every executive in the strategy room understands the importance of strategy in achieving the company’s goals. However, despite the prevalence of strategic planning, many companies still…

The Dynamics of Bank Run Contagion: Understanding the Mechanisms and Preventing Systemic Risk

June 17, 20250Comments

Abstract Bank runs play the most critical role in financial crises, capable of spreading panic and causing contagion throughout the banking system. In this article, we analyze the dynamics of…

Dealing with Price-Sensitive Customers: Strategies for Success

June 17, 20250Comments

Introduction Price-sensitive customers are mainly concerned with the cost of products and services, often prioritizing price over other factors when purchasing (Monroe, 2003). Businesses must successfully manage such customers if…

The patterns of an economic recession

June 17, 20250Comments

An economic recession is a period of a significant decline in economic activity, typically lasting at least six months. It is characterized by decreased Gross Domestic Product (GDP), employment, and…

Defining business strategy

June 17, 20250Comments

Business strategy as a term is frequently used in the world of commerce, yet its definition can be pretty elusive. Essentially, business strategy refers to a company’s plan of action…

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Embracing the Irrational: Principles of Behavioral Economics

June 17, 20250Comments

Introduction Behavioral economics is an interdisciplinary field that combines insights from psychology and economics to understand human decision-making better. Contrary to the traditional economic model, which assumes that individuals are…

Bank Runs and the Domino Effect: How One Bank’s Crisis Can Impact the Financial System

June 17, 20250Comments

Introduction Bank runs have historically caused significant disruptions in the financial system, with the potential to trigger widespread panic and economic instability. This article examines the factors that contribute to…