Saks Gloweli Business Tip – Theory in Business, is it real?

Those who say theory “isn’t the real world” don’t understand what theory is. Theories explain real phenomena. They organize diverse bits of information into generalizing patterns, identifying underlying reasons for why things happen as they do, suggest the deeper nature of the things we know and those we do not quite know, help transfer knowledge from one enterprise to another, and suggest the likely outcomes of new situations. Businesspeople averse to theory may thrive in business as long as the parameters familiar to them remain in place. Those who embrace theory are more likely to adapt to, and even seek out, new beneficial situations

from: Michael W. Preis & Mathew Frederick, 101 things learned at Business School

By Sid Mewara, Managing Director, Saks Gloweli Consulting Saks Gloweli Consulting is a management strategy consulting firm based out of Shenzhen and Hong Kong that helps clients grow their business www.saks-gloweli.com

3 Comments for “Saks Gloweli Business Tip – Theory in Business, is it real?”

  1. George, please do post your original comment, I am intrigued as to why you think the concept of business theory is drivel.

  2. Hey, how come you didn’t post my comment? Isn’t this the internet? When you publish this drivel it is someone’s duty to point it out.

    • Hi George, there wasn’t another comment submitted. We work to provide the best content that we can and it’s getting better everyday, of which we believe these business tips are included, hardly ‘drivel’. If this particular piece isn’t to your liking, surely you can find something more to your liking elsewhere on the site. Thank you for your input.

Comments are closed

Have Your Say!

Which part of Shenzhen has the best quality of life for foreigners?

View Results

Loading ... Loading ...

  1. Etienne Ducrot: Hi, I’m interested to contact this Foundation. Do you know how? Thanks. Etienne
  2. Emma: Hi Jasmin, I’ve read your article about a new medical center opens in Nanshan at the end of this month....
  3. sherry lee: A simple story with great words…I love it.
  4. Evangeline: Awesome piece!
  5. Glenda: Hi there, I enjoy reading through your article post. I wanted to write a little comment to support you.