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.
It's such a savage thing to lose your memory, but the crazy thing is it doesn't hurt one bit. A blackout doesn't sting or stab or leave a scar when it robs you. Close your eyes and open them again. That's what a blackout feels like. For Sarah Hepola, alcohol was 'the gasoline of all adventure'. She spent her evenings at cocktail parties and dark bars where she proudly stayed till last call. Drinking felt like freedom, part of her birthright as a strong, enlightened 21st-century woman.
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 result is often sloppy behavior and misalignment that can cost a company dearly. Effective communication is a leader's most critical tool for doing the essential job of leadership.
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.
"Appointments", by Hendrik Hertzberg; "Notorious", by Ben McGrath; "News You Can Lose", by James Surowiecki; "Some Woman", by Alice Munro; "Dead Man Laughing", by Zadie Smith, and "A Better Life", by David Denby.
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.
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."
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.
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.
With the rise of the internet of things, our individual technology envelopes - our personal networks of smart, connected devices - are rapidly becoming more complicated as more and more devices from a growing profusion of vendors do ever more complex jobs.
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."
"Interesting ideas but needs more depth"
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"
When we hear about unethical executives whose careers and companies have gone down in flames, it's sadly unsurprising. Hubris and greed have a way of catching up with people, who then lose the power and wealth they've so fervently pursued. But is the opposite also true? Do highly principled leaders and their organizations perform especially well?
Matthieu Ricard, a Buddhist monk who trained as a cellular biologist before he left France to become a student of Buddhism in the Himalayas; Antoine Lutz, a research scientist at the French National Institute of Health and Medical Research; and Richard J. Davidson, director of the Waisman Laboratory for Brain Imaging and Behavior and the Center for Investigating Healthy Minds at the University of Wisconsin-Madison, report on how neuroscience has demonstrated that meditation has tangible and significant benefits for both body and mind.
The cover story this month explains how the best business strategists use analogies to make sure their decisions lead to a breakthrough, not a disaster. Also we�ll take a look at the importance of understanding the transformative power of your own leadership, as well as how to strategically manage unforeseen risks that can devastate your company�s growth.
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.
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"
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.
Lynn S. Paine, a professor of Business Administration and the senior associate dean for faculty development at Harvard Business School, writes about how companies would do well to follow Nike's example - create a board-level committee dedicated to corporate responsibility.
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.
"Solid innovation management"
"All-Night Push After Glitch Hit BNY Mellon" is from the September 04, 2015 section of The Wall Street Journal. It was written by Kirsten Grind and narrated by Alexander Quincy.
"Big Pharma: The Moment of Dread Is Here" is from the September 04, 2015 section of The Wall Street Journal. It was written by Charley Grant and narrated by Alexander Quincy.
"Bow Down Before Your Regulator" is from the September 04, 2015 section of The Wall Street Journal. It was narrated by Alexander Quincy.
"Defiant Kentucky Clerk Jailed for Refusing to Issue Same-Sex Marriage Licenses" is from the September 04, 2015 section of The Wall Street Journal. It was written by Adrian Campo-Flores and narrated by Alexander Quincy.
"ECB Ready to Expand Stimulus Programs" is from the September 04, 2015 section of The Wall Street Journal. It was written by Brian Blackstone and Todd Buell and narrated by Alexander Quincy.
"Google and Waze Cited For Traffic Data Theft in PhantomAlert Suit" is from the September 04, 2015 section of The Wall Street Journal. It was written by Cat Zakrzewski and narrated by Alexander Quincy.
"Headlines from Tech" is from the September 04, 2015 section of The Wall Street Journal. It was narrated by Alexander Quincy.
"Headlines from What's News" is from the September 04, 2015 section of The Wall Street Journal. It was narrated by Alexander Quincy.
"Justice Department Changes Policy on Cellphone Surveillance" is from the September 04, 2015 section of The Wall Street Journal. It was written by Devlin Barret and narrated by Alexander Quincy.
"UBS Building Virtual Coin For Mainstream Banking" is from theSeptember 04, 2015 section of The Wall Street Journal. It was written by Anna Irrera and narrated by Alexander Quincy.
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.
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.
"Democrats and the Ayatollahs" is from the September 03,2015 Opinion section of The Wall Street Journal. It was narrated by Alexander Quincy.
"Facebook's Josh Miller Named White House 'Director of Product'" is from the September 03,2015 Tech section of The Wall Street Journal. It was written by Cat Zakrzewski and narrated by Alexander Quincy.
"Five Chinese Navy Ships Are Operating in Bering Sea Off Alaska Coast" is from the September 03,2015 World section of The Wall Street Journal. It was written by Jeremy Page and Gordon Lubold and narrated by Alexander Quincy.
"For Russia, Oil Collapse Has Soviet Echoes" is from the September 03,2015 Economy section of The Wall Street Journal. It was written by Greg Ip and narrated by Alexander Quincy.
"Giant U.S. Pension Fund Calstrs to Propose Shift Away From Stocks, Bonds" is from the September 03,2015 Markets section of The Wall Street Journal. It was written by Timothy W. Martin and narrated by Alexander Quincy.
"Group Backing Scott Walker Plans Big Push in South Carolina" is from the September 03,2015 Politics section of The Wall Street Journal. It was written by Patrick O'Connor and narrated by Alexander Quincy.
"Headlines from Tech" is from the September 03, 2015 of The Wall Street Journal. It was narrated by Alexander Quincy.
"Headlines from What's News" is from the September 03, 2015 of The Wall Street Journal. It was narrated by Alexander Quincy.