People Have an Irrational Need to Complete ‘Sets’ of Things
People are irrationally motivated to complete arbitrary sets of tasks, donations, or purchases—and organizations can take advantage of that, according to new research by Kate Barasz, Leslie John, Elizabeth Keenan, and Michael Norton.
Content: Article | Authors: Carmen Nobel, Michael I. Norton | Source: Harvard Business School (HBS) Working Knowledge | Subjects: Customer Related, Market/Investment
Simple Ways to Take Gender Bias Out of Your Job Ads
Iris Bohnet’s new book, What Works: Gender Equality by Design, discusses how organizations can leverage findings from behavioral science research to fight gender bias in the workplace—starting with job listings.
Content: Article | Author: Carmen Nobel | Source: Harvard Business School (HBS) Working Knowledge | Subjects: Human Resources, Organizational Behavior
Bernie Madoff Explains Himself
A few years ago, professor Eugene Soltes phoned convicted felon Bernie Madoff and asked him an important question: How would you explain your actions and misconduct to students? The recorded answer offers sobering lessons for anyone with business ambitions.
Content: Article | Author: Carmen Nobel | Source: Harvard Business School (HBS) Working Knowledge | Subject: Ethics
Who Really Determines CEO Salary Packages?
Every CEO is different, as is every company. So why does one executive compensation package tend to look just like another? The answer lies in the prevalence of interlocking directorates and the use of compensation consultants, according to research by Susanna Gallani.
Content: Article | Author: Carmen Nobel | Source: Harvard Business School (HBS) Working Knowledge | Subject: Corporate Governance
Dear Internet: You Are Extraordinary, But Not Exceptional
Professor Shane Greenstein is annoyed by “Internet exceptionalism,” the prevalent idea that the Internet defies economic logic, that there’s never been anything like it in business history, and that its impact supersedes everything. In his new book, Greenstein argues that the Internet actually follows classic patterns of economic behavior, detailing the commercial forces that guided the Internet’s path from cool invention to successful innovation. … [ Read more ]
Content: Article | Authors: Carmen Nobel, Shane Greenstein | Source: Harvard Business School (HBS) Working Knowledge | Subject: Economics
Need to Solve a Problem? Take a Break From Collaborating
Organizations spend a lot of money enabling employees to solve problems collectively. But inducing more collaboration may actually hinder the most important part of problem-solving: actually solving the problem. Research by Jesse Shore, Ethan Bernstein, and David Lazer.
Content: Article | Author: Carmen Nobel | Source: Harvard Business School (HBS) Working Knowledge | Subject: Organizational Behavior
How to Break the Expert’s Curse
Experts could be our most powerful teachers—but often they’ve lost the ability to connect with novices. Research by Ting Zhang reveals how experts can rediscover the experience of inexperience.
Content: Article | Author: Carmen Nobel | Source: Harvard Business School (HBS) Working Knowledge | Subjects: Career, Knowledge Management, Personal Development
The Quest for Better Layoffs
Professor Sandra Sucher wants to change the way business thinks about workforce reductions. “We want people to learn about the forces they unleash in the firm when they institute layoffs.”
Content: Article | Author: Carmen Nobel | Source: Harvard Business School (HBS) Working Knowledge | Subjects: Human Resources, Organizational Behavior
Secrets to a Successful Social Media Strategy
Why are people so drawn to social media? The question long haunted Mikolaj “Misiek” Piskorski and eventually led to his new book, A Social Strategy: How We Profit from Social Media. Drawing from years of research dating back to before Facebook, the book offers an in-depth analysis exploring why some social media platforms soar while others fizzle, and how business can use them to generate … [ Read more ]
Content: Article | Author: Carmen Nobel | Source: Harvard Business School (HBS) Working Knowledge | Subject: Marketing / Sales
Reflecting on Work Improves Job Performance
New research by Francesca Gino, Gary Pisano, and colleagues shows that taking time to reflect on our work improves job performance in the long run.
Content: Article | Authors: Carmen Nobel, Francesca Gino, Gary Pisano | Source: Harvard Business School (HBS) Working Knowledge | Subjects: Organizational Behavior, Personal Development, Productivity / Work Tips
A Brand Manager’s Guide to Losing Control
Social media platforms have taken some of the marketing power away from companies and given it to consumers. Jill Avery discusses the landscape of “open source branding,” wherein consumers not only discuss and disseminate branded content, they also create it.
Content: Article | Authors: Carmen Nobel, Jill Avery | Source: Harvard Business School (HBS) Working Knowledge | Subject: Marketing / Sales
Resolving Patent Disputes that Impede Innovation
Technical standards both spur innovation and protect the innovators, but abuses in the intellectual property protection system threaten US competitiveness. Josh Lerner and Jean Tirole discuss remedies.
Content: Article | Author: Carmen Nobel | Source: Harvard Business School (HBS) Working Knowledge | Subject: Legal
Hiding From Managers Can Increase Your Productivity
Harvard Business School Assistant Professor Ethan S. Bernstein explains why decreasing workplace transparency can increase productivity.
Content: Article | Authors: Carmen Nobel, Ethan S. Bernstein | Source: Harvard Business School (HBS) Working Knowledge | Subject: Organizational Behavior
How to Spot a Liar
Key linguistic cues can help reveal dishonesty during business negotiations, whether it’s a flat-out lie or a deliberate omission of key information, according to research by Lyn M. Van Swol, Michael T. Braun, and Deepak Malhotra.
Content: Article | Author: Carmen Nobel | Source: Harvard Business School (HBS) Working Knowledge | Subjects: Negotiation, Organizational Behavior
First Minutes are Critical in New-Employee Orientation
Employee orientation programs ought to be less about the company and more about the employee, according to new research by Daniel M. Cable, Francesca Gino, and Bradley R. Staats.
Content: Article | Author: Carmen Nobel | Source: Harvard Business School (HBS) Working Knowledge | Subjects: Human Resources, Management, Organizational Behavior
Altruistic Capital: Harnessing Your Employees’ Intrinsic Goodwill
Everyone comes to the table with some amount of “altruistic capital,” a stock of intrinsic desire to serve, says professor Nava Ashraf. Her research includes a study of what best motivates hairdressers in Zambia to provide HIV/AIDS education in their salons.
Content: Article | Author: Carmen Nobel | Source: Harvard Business School (HBS) Working Knowledge | Subjects: Human Resources, Management, Organizational Behavior
Few Women on Boards: Is There a Fix?
Women hold only 14 percent of the board seats at S&P 1500 companies. Why is that, and what—if anything—should business leaders and policymakers do about the gender disparity? Research by Professor Boris Groysberg and colleagues shows that male and female board members have very different takes on the issue.
Content: Article | Author: Carmen Nobel | Source: Harvard Business School (HBS) Working Knowledge | Subject: Women in Business
Funding Innovation: Is Your Firm Doing it Wrong?
Many companies are at a loss about how to fund innovation successfully. In his new book, The Architecture of Innovation, Professor Josh Lerner starts with this advice: get the incentives right. Also, read an excerpt of the book.
Content: Article | Author: Carmen Nobel | Source: Harvard Business School (HBS) Working Knowledge | Subject: Innovation
When Good Incentives Lead to Bad Decisions
New research by Associate Professor Shawn A. Cole, Martin Kanz, and Leora Klapper explores how various compensation incentives affect lending decisions among bank loan officers. They find that incentives have the power to change not only how we make decisions, but how we perceive reality.
Content: Article | Author: Carmen Nobel | Source: Harvard Business School (HBS) Working Knowledge | Subject: Organizational Behavior
Are You a Strategist?
Corporate strategy has become the bailiwick of consultants and business analysts, so much so that it is no longer a top-of-mind responsibility for many senior executives. Professor Cynthia A. Montgomery says it’s time for CEOs to again become strategists.
Content: Article | Author: Carmen Nobel | Source: Harvard Business School (HBS) Working Knowledge | Subject: Strategy