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.
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.
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.
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.
Roger L. Martin, the dean of the Rotman School of Management at the University of Toronto from 1998 to 2013, writes about how to rein in the dynamic that enriches executives and financiers - at everyone else's expenses.
Robert Merton, a professor of finance at the MIT Sloan School of Management, writes about how fund managers and savers must invest in ways that secure a guaranteed income in retirement.
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.
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.
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.
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.
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.
In the complex sport of American football, teams rely on thick playbooks. But when it comes to creating innovative growth businesses - which is at least as complicated as professional football - most companies have not developed detailed game plans. The authors believe that companies can penetrate that fog by developing growth strategies based on disruptive innovations, as defined by Clayton Christensen.
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.
The authors describe how companies can select the right tension, what traps they may fall into when they focus on one side over the other, and how to escape these traps by managing to the bonds between objectives.
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.
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.
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.
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.
"Veep Stakes", by Steve Coll; "Germs Are Us", by Michael Specter; "Boss Rail", by Evan Osnos; "Understanding Owls", by David Sedaris; and "Playing Dead", by David Denby.
Benjamin Edelman, an associate professor and a Marvin Bower Fellow at Harvard Business School, presents four strategies that can help savvy suppliers reduce their dependence on powerful online platforms.
"Markets Get Bumpier as Fed Withdraws Safety Net" is from the January 26, 2015 Market section of The Wall Street Journal. It was written by E.S.Browning and narrated by Ken Borgers.
"Headlines from What's news Business and Finance" is from the January 26, 2015 of The Wall Street Journal. It was written by Heather Haddon, Reid J. Epstein, Ryan Knutson, Alistair Barr, Shalini Ramachandran, Naftali Bendavid, Harriet Torry, Betsy McKay, Jeanne Whalen and Melanie Grayce West and narrated by Ken Borgers.
"Headlines from What's News Worldwide" is from the January 26, 2015 of The Wall Street Journal. It was written by Gregory L. White, Laurence Norman, Trefor Moss, Sharaf al-Hourani, Matt Bradley, Gordon Fairclough, Asa Fitch, Jun Hongo and Matt Bradley 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.
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.
"Apple Investors Bet on a Bushel" is from the January 26, 2015 Markets section of The Wall Street Journal. It was written by Dan Gallagher and narrated by Ken Borgers.
"Syriza Win in Greek Election Sets Up New Europe Clash" is from the January 26, 2015 World section of The Wall Street Journal. It was written by Charles Forelle, Nektaria Stamouli and Alkman Granitsas and narrated by Ken Borgers.
"How to Start a Business With Very Little Money" is from the January 26, 2015 Business section of The Wall Street Journal. It was written by John Mullins and narrated by Ken Borgers.
"Reactionary Regulators vs. the Internet" is from the January 26, 2015 Opinion section of The Wall Street Journal. It was written by L. Gordon Crovitz and narrated by Ken Borgers.
"The Greek Warning" is from the January 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.
"U.S. Stocks Extend Gains" is from the January 23, 2015 Market section of The Wall Street Journal. It was written by Alexandra Scaggs and narrated by Ken Borgers.
"Saudi Arabia's King Abdullah Dies" is from the January 23, 2015 World section of The Wall Street Journal. It was written by Ellen Knickmeyer and Ahmed Al Omran and narrated by Ken Borgers.
"McDonald's Arches Are Less Golden" is from the January 23, 2015 Market section of The Wall Street Journal. It was written by Spencer Jakab and narrated by Ken Borgers.
"The First Family's 529 Windfall" is from the January 23, 2015 Opinion section of The Wall Street Journal. It was narrated by Ken Borgers.
"The Airfare Loopholes of Extreme Frequent Fliers" is from the January 23, 2015 Market section of The Wall Street Journal. It was written by Scott Mccartney and narrated by Ken Borgers.
"Headlines from What News Business and Finance" is from the January 23, 2015 of The Wall Street Journal. It was written by Julian E. Barnes, Shalini Ramachandran, Gautham Nagesh And Brody Mullins, Juliet Chung, Laurence Fletcher And Gregory Zuckerman, Liz Hoffman And Lukas I. Alpert, Nick Timiraos and narrated by Ken Borgers.
"ECB May Have Tide on Its Side" is from the January 23, 2015 Market section of The Wall Street Journal. It was written by Richard Barley and narrated by Ken Borgers.