Punctuated developments

I’ve just come across the expression “punctuated developments” in an article sent me by Allison C:

What are board members good for? Well, according to Boivie et al., they provide “access to resources like advice, counsel, knowledge of external events and/or influence with external stakeholders.” They also play a crucial decision-making role during “punctuated events” — crises, basically — such as management transitions, accounting scandals and “other internal and external shocks that increase the uncertainty in which a firm operates.”

Keeper.

One thought on “Punctuated developments

  1. I believe that the usage here comes from the term “punctuated equilibrium”.

    “The theory that new species evolve suddenly over relatively short periods of time (a few hundred to a thousand years), followed by longer periods in which little genetic change occurs. Punctuated equilibrium is a revision of Darwin’s theory that evolution takes place at a slow, constant rate over millions of years.” (from dictionary.com)

    Like

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s