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.
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.
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.
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."
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.
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.
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.
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"
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.
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"
"'Me and Earl and the Dying Girl' Review: Funny Filmmaking Meets Serious Subject" is from the June 12, 2015 Arts & Entertainment section of The Wall Street Journal. It was written by Joe Morgenstern and narrated by Ken Borgers.
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.
In America, the name Forbes is synonymous with business magazine. Now the hard-hitting journalism that you have come to expect from Forbes is available in audio exclusively at audible.com®.
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.
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.
"Don't Tar Portugal with Greek Brush" is from the July 01, 2015 Markets section of The Wall Street Journal. It was written by Richard Barley and narrated by Ken Borgers.
When commercializing scientific discoveries, inventors and firms face several potentially fatal traps. Here's how to avoid falling into them.
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.
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.
"The Bad News in Strong Car Sales" is from the September 02,2015 Markets section of The Wall Street Journal. It was written by Justin Lahart and narrated by Alexander Quincy.
"Clashing National Interests Hamstring EU's Response to Migrant Crisis" is from the September 02,2015 World section of The Wall Street Journal. It was written by Gabriele Steinhauser and Laurence Norman and narrated by Alexander Quincy.
"For Stock Markets, the Moment When Humans Matter" is from the September 02,2015 Markets section of The Wall Street Journal. It was written by Bradley Hope and Dan Strumpf and narrated by Alexander Quincy.
"Google Gets a Brand-New Logo Look" is from the September 02,2015 Tech section of The Wall Street Journal. It was written by Georgia Wells and narrated by Alexander Quincy.
"Government Report Finds Economic Benefits of Oil Exports" is from the September 02,2015 Economy section of The Wall Street Journal. It was written by Amy Harder and Christian Berthelsen and narrated by Alexander Quincy.
"Headlines from Tech" is from the September 02, 2015 of The Wall Street Journal. It was narrated by Alexander Quincy.
"Headlines from What's News" is from the September 02, 2015 of The Wall Street Journal. It was narrated by Alexander Quincy.