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.
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.
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.
David M. Upton, a professor at Oxford University's Said Business School, and Sadie Creese, a professor of cybersecurity at Oxford, write about how the biggest threat to your cybersecurity may be an employee or vendor.
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.
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.
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.
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.
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.
Jeremy Heimans, a cofounder and CEO of Purpose, a social business that builds movement; and Henry Timms, the executive director of 92nd Street Y, write about how power isn't what it used to be - and how you can harness that new power.
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.
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.
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.
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.
"Breathers", by Adam Gopnik; "Shaggy-Dog Story", by Kate Julian; "Kosher Takeout", by Patricia Marx; "Kosher Takeout", by Patricia Marx; "Lives of the Saints", by Jonathan Harr; and "Doing It", by Ariel Levy
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.
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.
In Business Spotlight Audio 1/2015 für Januar/Februar gibt es zwei Spezialthemen. Zunächst geht es darum, wie Sie kurze, zufällige Gespräche nutzen, um Kontakte zu Geschäftspartnern aufzubauen. Der zweite Schwerpunkt befasst sich mit dem kanadischen Astronauten Chris Hadfield, der durch seine musikalische Einlage an Bord der Raumstation ISS zu Weltruhm gelangte. In der Rubrik Easy English geht es um die Präsentation von Informationen.
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.
Welcome to Forbes for December 15th, 2014 from Audible. This edition contains seven feature articles. In the cover story, "The 2015 Investment Guide" - The new Forbes guide profiles star do-it-yourself investors and provides tips on retirement, taxes, stocks, bonds, and investing in such alternatives as refinanced student loans and movies...
"Talent - Why Chief Human Resources Officers Make Great CEOs." "Understanding New Power" by Jeremy Heimans and Henry Timms. "Making Dumb Groups Smarter" by Cass R. Sunstein and Reid Hastie. "Rethink What You 'Know' about High-Achieving Women" by Robert J. Ely, Pamela Stone, and Colleen Ammerman.
Robert J. Ely, a Professor of Business Administration and the senior associate dean for culture and community at Harvard Business School; Pamela Stone, a professor of sociology at Hunter College; and Colleen Ammerman, the assistant director of the Gender Initiative at Harvard Business School; report on how there's a real gap between what Harvard Business School alumnae expect as they look ahead to their careers and where they ultimately land.
"Safer Streets", by Amy Davidson; "Follow the Leader", by Michael Schulman; "Blood, Simpler", by Ken Auletta; "Hollywood and Vine", by Tad Friend; "Let It Go", by Joan Acocella; "Small Differences", by Emily Nussbaum; and "Swinging Seventies", by Anthony Lane.