Increasing your energy capacity is the best way to get more work done faster and better
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. A few of these endeavors have been very successful.
The knock on most business leaders is that they don't take the long view - that they're fixated on achieving short-term goals to lift they pay. So which global CEOs actually delivered solid results over the long run? Our 2014 list of top performers provides and objective answer.
Karan Girotra, a professor of technology and operations management at INSEAD, and Serguei Netessine, a professor of Global Technology and Innovation at INSEAD, write about how the secret to success lies in who makes what decisions when and why.
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.
William Lazonick, a professor of economics at the University of Massachusetts Lowell, writes about how executives are using massive stock buybacks to manipulate share prices and boost their own pay - at great cost to innovation and employment.
Claudio Fernandez-Araoz, a senior adviser at the global executive search firm Egon Zehnder, reports on how business is changing too rapidly to predict what competencies employees will need even a few years out. The question now is not what skills they have; it's whether they have the potential to learn new ones.
This edition features four great business articles. In our first article, we'll find out the difference between having what it takes to be considered for a CEO position, and actually getting it. Also, we'll find out what turns smart, ambitious people into underachievers, as well as how the right autobiographical story can help you in your personal life and your career. Plus, you'll learn how to critically re-assess your priorities before an unforeseen crisis forces you to.
Cass R. Sunstein, the Robert Walmsley University Professor at Harvard Law School, and Reid Hastie, the Ralph and Dorothy Keller Distinguished Service Professor of Behavioral Science at the University of Chicago Booth School of Business, report on behavioral research that suggests some fairly simple ways to achieve "the wisdom of crowds."
One of the secrets to maintaining a thriving business is being able to recognize when it needs a fundamental change.
Linda A. Hill, a professor of Business Administration at Harvard Business School, Greg Brandeau, head of technology at Pixar, Emily Truelove, a researcher and a PhD candidate at the MIT Sloan School of Management, and Kent Lineback, a manager and executive with over 25 years of experience, write about how smart leaders of innovation don't set a vision and motivate others to follow it; they create a community that is both willing and able to innovate.
Muhammad Yumus, founder of Grameen Bank, a microfinance business that first operated in rural Bangladesh, and winner of the 2006 Nobel Peace Prize; Frederic Dalsace, an associate professor of marketing and holds the Social Business, Enterprise and Poverty chair at HEC Paris; David Menasce, the managing director of Azao, a consulting company specializing in social business, and an affiliate professor at HEC Paris; and Benedicte Faivre-Tavignot, an affiliate professor at HEC Paris and the academic director of its master's program in sustainable development, write about five leading companies that have adapted nonprofit business models to serve the bottom of the pyramid in France.
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.
Darrell K. Rigby, a partner in the Boston office of Bain & Company, writes about how consumers see the real and virtual world as one - and so should your company.
Employers can choose from lots of tools when they want to encourage employees to work together toward a new corporate goal. One of the rarest managerial skills is the ability to understand which tools will work in a given situation and which will misfire.
Stefan Michel, a professor of marketing and service management at IMD, in Lausanne, Switzerland, writes about how a new framework can help businesses spot missed opportunities.
Erik Simanis, a senior extension associate at Cornell University's Johnson School of Management, and Duncan Duke, an assistant professor of management at Ithaca College's School of Business, write about a new framework to help companies earn profits while pursuing socially beneficial ventures in low-income markets.
Guhan Subramanian, the Joseph Flom Professor of Law and Business at Harvard Law School, writes about how we need to return to first principles rather than meander toward "best practices."
If you want to know why so many organizations sink into chaos, look no further than their leaders' mouths. Over and over, leaders present grand, overarching - yet fuzzy - notions of where they think the company is going.
Bob Frisch, managing partner; and Cary Greene, a partner of the strategic Offsites Group, a Boston-based consultancy, write about how to stop putting your people to sleep.
"Health Costs Hinge on Supreme Court Ruling" is from the May 26,2015 US section of The Wall Street Journal. It was written by Stephanie Armour and narrated by Ken Borgers.
"Headlines from the Tech Center" is from the May 26, 2015 of The Wall Street Journal. It was narrated by Ken Borgers.
Here's a creative way to make the best use of your morning commute: listen to The Wall Street Journal. Each morning, you'll get the must-hear stories from the Journal's front page, as well as the most popular columns and briefings from Marketplace, Money & Investing, and more. And, every Friday, you'll get a bonus delivery: features, columns, and reviews from the Weekend Journal.
"Don't Count on Happy Returns for U.S. Stocks" is from the May 26,2015 Markets section of The Wall Street Journal. It was written by E.S. Browning. and narrated by Ken Borgers.
"Bank Trading Gains Take Spring Break" is from the May 26,2015 Markets section of The Wall Street Journal. It was written by John Carney and narrated by Ken Borgers.
"U.S. Said to Settle Probe Into Cleveland Police's Use of Force" is from the May 26,2015 US section of The Wall Street Journal. It was written by Devlin Barrett and Gary Fileds and narrated by Ken Borgers.
"Summertime, and Risk Grows for Kidney Stones" is from the May 26,2015 Life section of The Wall Street Journal. It was written by Sumathi Reddy and narrated by Ken Borgers.
"The States Where Fitness Is King" is from the May 26,2015 Life section of The Wall Street Journal. It was written by Rachel Bachman and narrated by Ken Borgers.
It's the perfect listen for your morning commute! In the time it takes you to get to work, you'll hear a digest of the day's top stories, prepared by the editorial staff of The New York Times. Each edition includes articles from the front page, as well as the paper's international, national, business, sports, and editorial sections.
"Rise of the Regional Hegemons" is from the May 26,2015 Opinion section of The Wall Street Journal. It was narrated by Ken Borgers.
Turn to Science News for the latest coverage of biology, astronomy, the physical sciences, behavioral sciences, math and computers, chemistry, and earth science. This 75-year-old publication is known for its sharp writing and up-to-date coverage of the latest scientific research. Since its debut in 1922, Science News has been committed to providing reports on scientific and technical developments that the layman would find interesting and easy to digest.
"Creating Bob Seger's 'Night Moves'" is from the May 22,2015 Arts & Entertainment section of The Wall Street Journal. It was written by John Jurgensen and narrated by Ken Borgers.
"A Guide to TV's Summer Programming Blitz" is from the May 22,2015 Arts & Entertainment section of The Wall Street Journal. It was written by John Jurgensen, Michael Calia, Sarene Leeds and Mike Ayers and narrated by Ken Borgers.
"Farm Bust Puts Deere in the Headlights" is from the May 22,2015 Markets section of The Wall Street Journal. It was written by Spencer Jakab and narrated by Ken Borgers.
"U.S. Stocks Rise; S&P 500 Hits Record" is from the May 22,2015 Markets section of The Wall Street Journal. It was written by Dan Strumpf and narrated by Ken Borgers.
"Health Insurers Seek Hefty Rate Boosts" is from the May 22,2015 US section of The Wall Street Journal. It was written by Louise Radnofsky and narrated by Ken Borgers.