Informal Networks, Social Control, and Third-Party Cooperation
In business, getting the active cooperation of two or more people you have no direct control over can be a daunting task. But, this is a common situation in cross-functional teams. People who fail to communicate informally with their colleagues and only address business issues behind the doors of formal meetings, may find it more difficult to obtain colleagues’ cooperation, as well as that of … [ Read more ]
Content: Article | Author: Martin Gargiulo | Source: INSEAD Knowledge | Subjects: Management, Organizational Behavior
Rolodex to the Rescue! Social Capital & Corporate Responses to Market Shocks
Who you know and how you’re connected to them may be vital to your firm’s success when times are tough or turbulent. In this recent working paper, Professors Martin Gargiulo and Andrej Rus consider the effect of social networks on individual and firm performance after external market shocks. They formulate a new model of social capital, then test it on data drawn from … [ Read more ]
Content: Article | Authors: Andrej Rus, Martin Gargiulo | Source: INSEAD Knowledge | Subject: Organizational Behavior