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.
Increasing your energy capacity is the best way to get more work done faster and better
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.
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.
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.
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.
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."
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.
One of the secrets to maintaining a thriving business is being able to recognize when it needs a fundamental change.
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.
The New Yorker's blend of reporting, commentary, criticism, fiction, and cartoons has garnered 36 National Magazine Awards since its debut in 1925 - more than any other publication. Edited by Pulitzer Prize winner David Remnick, the magazine has had only five editors in its 80-year history. Each week, Audible and the editorial staff of The New Yorker work together to select a variety of the issue's best articles from The Talk of the Town, Fiction, The Critics, and more. Each article is read in its entirety. The New Yorker is available in audio exclusively at audible.com.
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.
"Behind Closed Doors", by Steve Coll; "Talent Grab", by Malcolm Gladwell; "Hissing of Summer Lawns", by Jonathan Frazen; "Pay Up", by Jake Halpern; "Sweet Charity", by Zadie Smith; and "Corrie", by Alice Munro.
"Interrogating Torture", by Philip Gourevitch; "Samela's Shammash", by Lizzie Widdicombe; "How David Beats Goliath", by Malcolm Gladwell; "The Instigator", by Douglas McGray; and "Hard Knocks", by David Denby.
"Risk Factor", by George Packer; "Most Likely to Succeed", by Malcolm Gladwell; "Atomic John", by David Samuels; "Is There a Problem Here?", by Larry Doyle; and "Ring Cycles", by Anthony Lane.
"Threats", by Steve Coll; "Crystal Ball", by Calvin Trillin; "44 vs. XLIV", by Nick Paumgarten; "Pee Wee Redux", by Michael Shulman; "The Sure Thing", by Malcolm Gladwell; "Twisted Sisters", by Amanda Fortini; and "Jersey Jetsam", by Nancy Franklin.
"Answers to Questions", by Jeffrey Toobin; "At the Train Bridge", by Calvin Trillin; "Cocksure", by Malcolm Gladwell; "Spy Wars", by Nicholas Lemann; "Britney's Conversion Diary", by Andy Borowitz; "Poster Girls", by Michael Schulman; "Walking on the Moon", by Joan Acocella; and "Gray Skies", by Anthony Lane.
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"
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.
Just as we were getting used to the Information Age, Daniel Pink tells us that it is ending. With it goes our focus on charts, statistics, and linear thinking. Traditional "left-brain" activities, like logic, analysis, and repetitive production, are being turned over to robots, computers, and offshore labor. The valued skills of the 21st Century will be those of the right brain: empathy, design, synthesis, and contextual thinking.
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.
"U.S. Stocks Fall For Fourth Session" is from the March 27,2015 Markets section of The Wall Street Journal. It was written by Dan Strumpf and narrated by Ken Borgers.
"Obama Struggles With a Messy Middle East" is from the March 27,2015 World section of The Wall Street Journal. It was written by Jay Solomon and Gerald F. Seib and narrated by Ken Borgers.
"Wall Street Banks Bask in Warmer Trading Clime" is from the March 27,2015 Markets section of The Wall Street Journal. It was written by John Carney and 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.
"Germanwings Co-Pilot Andreas Lubitz Appears to Have Deliberately Crashed Plane" is from the March 27,2015 World section of The Wall Street Journal. It was written by Stacy Meichtry, David Gauthier-Villars and Daniel Michaels and narrated by Ken Borgers.
"Broadway's Forgotten Jazzman" is from the March 27,2015 Arts & Entertainment section of The Wall Street Journal. It was written by Terry Teachout and narrated by Ken Borgers.
"Headlines from the Tech Center" is from the March 27, 2015 of The Wall Street Journal. It was narrated by Ken Borgers.
"NCAA Tournament: Can Anyone Actually Beat Kentucky?" is from the March 27,2015 Arts & Entertainment section of The Wall Street Journal. It was written by Ben Cohen and narrated by Ken Borgers.
"Carnival Has Reason to Celebrate" is from the March 27,2015 Markets section of The Wall Street Journal. It was written by Spencer Jakab and narrated by Ken Borgers.
"Is More Entertainment Worth Less Legroom on Your Flight?" is from the March 27,2015 Life & Culture section of The Wall Street Journal. It was written by Scott McCartney and narrated by Ken Borgers.
"'The Salt Of the Earth' Review: Anguish, Empathy and Majesty" is from the March 27,2015 Arts & Entertainment section of The Wall Street Journal. It was written by Joe Morgenstern and narrated by Ken Borgers.
"Drones Invade Hollywood " is from the March 27,2015 Arts & Entertainment section of The Wall Street Journal. It was written by Ellen Gamerman and narrated by Ken Borgers.
"Two Different Doorways Lead to 'Wolf Hall'" is from the March 27,2015 Arts & Entertainment section of The Wall Street Journal. It was written by Caryn James and narrated by Ken Borgers.
"Obama's Mideast Vacuum" is from the March 27,2015 Opinion section of The Wall Street Journal. It was narrated by Ken Borgers.
"Headlines from What's News Business and Finance" is from the March 27, 2015 of The Wall Street Journal. It was narrated by Ken Borgers.
"HBO, Vice Media Announce News Programming Deal" is from the March 27,2015 Business section of The Wall Street Journal. It was written by Lukas I. Alpert and Joe Flint 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.
"Saudi Arabia Launches Military Operations in Yemen" is from the March 26,2015 World section of The Wall Street Journal. It was written by Felicia Schwartz and Hakim Almasmari and narrated by Ken Borgers.