This is the first book to present innovation and entrepreneurship as a purposeful and systematic discipline. It clearly explains and analyzes the challenges and opportunities of America's new entrepreneurial economy. Peter Drucker, the most influential and widely-read thinker and writer on modern organizations, gives us a superbly practical book that explains what established businesses, public service institutions, and new ventures have to know, have to learn, and have to do in today's economy and marketplace.
"Seminal work in Innovation but awful narration"
In this issue: "Do Search Ads Really Work?" by the Editors of Harvard Business Review; "Strategy in the Age of Superabundant Capital" by Michael Mankins, Karen Harris, and David Harding; "Bursting the CEO Bubble" by Hal Gregersen; "Hiring an Entrepreneurial Leader" by Timothy Butler; "What's the Value of a Like?" by Leslie K. John, Daniel Mochon, Oliver Emrich, and Janet Schwartz; "The New Sales Imperative" by Nicholas Toman, Brent Adamson, and Cristina Gomez; and "Restructure or Reconfigure" by Stéphane J.G. Girod and Samina Karim.
Albert-Laszlo Barabasi traces the fascinating history of connected systems. Understanding the structure and behavior of networks will forever alter our world, allowing us to design the "perfect" business or stop a disease outbreak before it goes global.
In this endlessly fascinating book, New Yorker columnist James Surowiecki explores a deceptively simple idea that has profound implications: large groups of people are smarter than an elite few, no matter how brilliant. Groups are better at solving problems, fostering innovation, coming to wise decisions, even predicting the future.
"All of us are smarter than any of us"
"Why You Aren't Buying Venezuelan Chocolate" by Rohit Deshpande. "Branding in the Digital Age: You're Spending Your Money in All the Wrong Places" by David C. Edelman. "Robert S. McNamara and the Evolution of Modern Management" by Phil Rosenzweig. "China vs the World - Whose Technology Is It?" by Thomas M. Hout and Pankaj Ghemawat.
"Back to the City" by Ania Wieckowski; "When You've Got to Cut Costs - Now" by Kevin P. Coyne, Shawn T. Coyne, and Edward J. Coyne Sr.; and "How to Stop Customers from Fixating on Price" by Marco Bertini and Luc Wathieu.
Management behaviors that foster employee engagement.
Donald Trump and Robert Kiyosaki are both concerned. Their concern is that the rich are getting richer, but America is getting poorer. The entitlement mentality is epidemic, creating people who expect their country, employer, or family to take care of them. And like the polar ice caps, the middle class is disappearing. America is becoming a two-class society, and soon you will be either rich or poor. Trump and Kiyosaki want you to be rich.
More and more companies are embracing the idea that they might have a purpose that goes beyond their balance sheet, one that makes the world a better place in some way. Perhaps you're proud to count your firm as one of them. But a noble corporate mission can feel quite distant from the realities of everyday working life. How are we supposed to feel a higher sense of purpose amid the daily scrum, as we wade through tedious meetings and endless to-do lists.
Seth Godin, one of today's most influential business thinkers, writes best-selling books like Purple Cow and All Marketers Are Liars. And in between those annual books, he delivers a daily stream of ideas on one of the world's most popular blogs.
"Perfect when you need to boost your creativity"
"How Nasty Gal Went From an $85 Million Company to Bankruptcy" is from the February 24, 2017 Business section of The Wall Street Journal. It was written by Sarah Chaney and narrated by Paul Ryden.
Businesses hoping to survive over the long term will have to remake themselves into better competitors at least once along the way. These efforts have gone under many banners: total quality management, reengineering, rightsizing, restructuring, cultural change, and turnarounds, to name a few. In almost every case, the goal has been to cope with a new, more challenging market by changing the way business is conducted. In this article, John Kotter outlines the eight largest errors that can doom these efforts.
In 1990, IBM had its most profitable year ever. By 1993, the company was on a watch list for extinction, victimized by its own lumbering size, an insular corporate culture, and the PC era IBM had itself helped invent.
"Really enjoyed it."
Mindfulness is the height of fashion in leadership development circles. At a recent conference in the field, we saw a missionary-type fervor among some trainers who claimed that mindfulness could fix every ill in the organizational world.
When some managers take over a new job, they hit the ground running. They learn the ropes, get along with their bosses and subordinates, gain credibility, and ultimately master the situation. Others, however, don't do so well. What accounts for the difference? In this article, first published in 1985, Harvard Business School professor John J. Gabarro relates the findings of two sets of field studies he conducted, covering 14 management successions.
Even for the most gifted individuals, the process of becoming a leader is an arduous, albeit rewarding, journey of continuous learning and self-development. The initial test along the path is so fundamental that we often overlook it: becoming a boss for the first time. That's a shame, because the trials involved in this rite of passage have serious consequences for both the individual and the organization. For a decade and a half, the author has studied people making major career transitions to management.
When corporate leaders or the organizations they represent mess up, they face the difficult decision of whether to apologize publicly. A public apology is a risky move. It's highly political, and every word matters. Refusal to apologize can be smart, or it can be suicidal. Readiness to apologize can be seen as a sign of character or one of weakness. Because the stakes are so high, Barbara Kellerman says, leaders should not extend public apologies often or lightly.
In the aftermath of the Enron and WorldCom debacles, corporate boards have been shaken up and made over. Most of the changes are structural and don't go to the heart of a board's work: making the choices that shape a firm's future. Which decisions boards own and how those calls are made are largely hidden from the public. As a result, boards are often unable to learn from their counterparts at other companies. In this article, Michael Useem pulls back the curtain and provides an inside look.
The answer to excessive micromanaging, we're often told, is to learn to trust our reports, empowering them to make decisions for themselves. Yet that sounds far easier than it actually is. In practice, many bosses fail to delegate because they haven't cultivated a set of underlying mindsets and practices.
"Superbosses Aren't Afraid to Delegate Their Biggest Decisions" is from hbr.org, published on August 24, 2016.
Irreverent, penetrating, profoundly simple, and on-the-money, Gonzo Marketing is the raucous wake-up that no one interested in any aspect of 21st-century business can afford to ignore. From Christopher Locke, the mind behind The Cluetrain Manifesto.