How to Build a Stronger Economy

Jim Clifton, chief executive of Gallup Inc., has a robust theory about entrepreneurialism and economic recovery.

Jeffrey Schwartz, Josie Thomson, Art Kleiner, Adam Smith

The 18th-century economic philosopher Adam Smith, best known for his foundational book The Wealth of Nations, spent his last two decades considering the problem of virtue in capitalism. The vitality of the industrializing world was based on the good faith of energetic, creative people, acting individually. But no human society had ever resisted the temptations of corruption and exploitation. How would capitalism survive? Smith said … [ Read more ]

Jeremy Rifkin on How to Manage a Future of Abundance

The influential economic theorist looks ahead to a world of virtually free energy and zero marginal cost production, and to a desperate race against climate change.

Danaher’s Instruments of Change

Distinctive capabilities have been central to Danaher’s success since the mid-1980s, when Mitchell Rales and Steven Rales, two brothers who owned a commercial real estate business, discovered they had a knack for buying and turning around ailing manufacturing companies. Over the years, the company had evolved from a highly leveraged startup to a profitable family of ventures with a market capitalization of more than US$40 … [ Read more ]

The Next Pop Superstar Just Might Be a Robot

Shelly Palmer, one of the world’s leading digital-technology commentators, talks about the evolution of the entertainment and media industry.

Art Kleiner

You may indeed have gone into business in the first place because the subject of finance is relatively clean and clear; it doesn’t have the messy ambiguities of, say, psychology or literature. Such preferences don’t matter. You will end up distinguishing yourself (or not) on your ability not just to work with others, but to inspire them, draw insight from them, observe them accurately, and … [ Read more ]

Art Kleiner

Any decision made in business is a bet about the way the world works. And until you understand the theory you’re betting on, you can’t really test the decision or improve it.

In the Country of the MBAs

Your opportunity to distinguish yourself starts with being more willing than other MBA students to learn as you go, and with being more attuned to the high stakes of every decision you make.

Everyone else will be unconsciously following the dictates of some dead economist. In the country of the MBAs, you’ll have to strive to cultivate your judgment and figure out which ideas are worth … [ Read more ]

Ellen Langer on the Value of Mindfulness in Business

A pioneer in mindfulness research says that companies can promote innovation and their own rejuvenation by setting the right context.

China’s Philosopher-CEO Zhang Ruimin

Haier’s leader describes how he built a winning global company by continually reframing his management philosophy.

20 Questions for Business Leaders

For the 20th anniversary of strategy+business, we, the editors and staff of this magazine thought we’d celebrate this grand story of management thinking by holding, in effect, a grand party. We’d invite all the luminaries of management thought, from antiquity to today, to join us in spirit. Or at least to have their ideas in the room. And you’re invited too.

This catalog will give … [ Read more ]

Thomas Malone on Building Smarter Teams

The head of MIT’s Center for Collective Intelligence explains how the social intelligence factor is critical for business success.

The Thought Leader Interview: Cynthia Montgomery

A Harvard Business School professor observes that leaders become better strategists by engaging in conversations about the purpose of a company.

The Dynamic Capabilities of David Teece

To U.C. Berkeley’s long-standing strategy thinker, companies gain an edge only when they evolve in ways no one else can match.

The Discipline of Managing Disruption

To Harvard professor Clayton Christensen, coauthor of How Will You Measure Your Life?, a primary task of leadership is asking questions that anticipate great challenges.

Beware Sophomoric Self-Obsession

Art Kleiner introduces a leadership lesson from Managers as Mentors: Building Partnerships for Learning, 3rd Edition, by Chip R. Bell and Marshall Goldsmith.

Douglas Rushkoff Makes the Digital Economy Work for You

The social theorist on why new technologies are ushering in a paradigm shift, and how the transition will redefine how business is done.

The Thought Leader Interview: Douglas Conant

The coauthor of TouchPoints and former CEO of Campbell Soup Company explains how executives build their company’s capabilities by connecting with people more effectively.

Art Kleiner and Nadia Kubis

Over the years corporate decision makers have been propelled by four [management] theories. The positioning theory, whose champions include Michael Porter, based its actions on staking out a place in a growing industry with manageable competition; success went to those who held a commanding place in their market. The theory of execution, led by W. Edwards Deming, Ram Charan, and Larry Bossidy, proposed that continuous … [ Read more ]

The Thought Leader Interview: Dov Seidman

The influential business author and CEO explains why the practice of enlightened self-governance gives companies an edge.