In this issue: "The Case against Long-Term Incentive Plans" by the Editors of Harvard Business Review. "Noise" by Daniel Kahneman, Andrew M. Rosenfield, Linnea Gandhi, and Tom Blaser. "The Ecosystem of Shared Value" by Mark R. Kramer and Marc W. Pfitzer. "The Transformative Business Model" by Stelios Kavadias, Kostas Ladas, and Christoph Loch.
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"
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.
"Brilliant listen, great book"
"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.
Sometimes, despite your best efforts, a negotiation doesn't go your way. Perhaps a customer pushed for a steeper discount than you wanted to give, or a potential client went with a competitor's approach to a project. In the face of a disappointment - one where you might appear to be the "loser" - how do you save face? How do you make sure your reputation isn't damaged and the relationship with your counterpart is intact?
Seeing What's Next is a framework for predicting industry winners and losers. Every day, individuals take action based on how they believe innovation will change industries. Yet these beliefs are largely based on guesswork and incomplete data, and can lead to costly errors in judgment. Internationally renowned innovation expert Clayton M. Christensen and his research partners, Scott D. Anthony and Erik A. Roth, present this guide for predicting outcomes in the evolution of any industry.
These articles from Harvard Business Review ask: Where does an effective corporate renewal begin? Why do transformation efforts often fail? How do you balance all the components of a change plan? The 3 articles in this selection discuss the delicate art of change management. These articles originally appeared in print in Harvard Business Review and are now available in audio format exclusively through Audible.
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.
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"
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.
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.
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.
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"
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.
For organizations like General Electric, Proctor & Gamble, and Visa, management innovation is the secret to success. But what is management innovation? Why is it so important? And how can other companies learn to become management innovators?
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.
If you're a chief executive officer, your job is to execute. It's written right into your title. But what does it mean, in terms of daily tasks, to be the company's top "executer?" After all, CEOs don't actually build factories or sell products. It's tempting, therefore, to view the CEO as primarily a thinker; someone who mulls and shapes strategy. That is a part of the CEO's job, of course.
In this issue: "How to Make the Most of Omnichannel Retailing" by the Editors of Harvard Business Review. "Beyond the Holacracy Hype" by Ethan Bernstein, John Bunch, Niko Canner, and Michael Lee. "How to Pay for Health Care" by Michael E. Porter and Robert S. Kaplan. "The Case for Capitation" by Brent C. James and Gregory P. Poulsen.
"'Queen of Katwe' Review: A Gambit as Fresh as Life" is from the September 22, 2016 Arts section of The Wall Street Journal. It was written by Joe Morgenstern and narrated by Paul Ryden.