The Palette of Management Development

The central challenge of management development is to control and manage the learning process of managers, focused on individual development and career success and/or reaching organizational goals.

Unlocking the Secrets of Business Innovation

Good managers make quick, sound and efficient decisions. However, they must be willing to accept ambiguity and uncertainty when dealing with creative product ideas, says Thomas Mannarelli.

Jack Welch

We’ve long believed that when the rate of change inside an institution becomes slower than the rate of change outside, the end is in sight. The only question is when.

Why Corporate Budgeting Needs To Be Fixed

Not to mince words, but corporate budgeting is a joke, argues HBS professor emeritus Michael C. Jensen in this Harvard Business Review excerpt. The problem isn’t with the budget process—it’s when budget targets are used to determine compensation.

Buying More and Consuming Faster: Role of Sales Promotions in Postpurchase Consumption

Sales promotions encourage consumers to stockpile. But what happens next? Do consumers accelerate their consumption of these products or simply wait longer before repurchasing? To address these questions, Professors Pierre Chandon and Brian Wansink develop a framework of postpurchase consumption decisions which looks at how we decide when and how much to consume.

Alliances Power Corporate Renewal

“Alliances force managers to rethink their businesses. By offering them an opportunity to recast the value chain differently, managers are asked to radically alter their view of how to compete in their industries. Often they are able to reformulate the rules of the game. Thus, alliances offer an opportunity for managers to be entrepreneurial.”

See ‘Using Alliances To Create Value And Competitive Advantage’, an audio … [ Read more ]

When to Say When: Self-Rationing, Self-Control, and Consumer Choice

With limited resources of money, goods, and time, we all have to make tough consumption choices. Big decisions such as buying a house or taking a holiday, usually have clear-cut constraints. But what about smaller scale decisions? When it comes to the little things, how do we know when to say when? Professor Klaus Wertenbroch explains.

Jack Stack

CEO of SRC Holdings Corp. (formerly Springfield Remanufacturing Corp.) and evangelist for open-book management.

Joe Mansueto

Morningstar founder

Strategy as if Knowledge Mattered

Managing knowledge is hot! Before we get carried away, why not stop to link knowledge and strategy?

Caught In The Act – How to Acknowledge People Without Turning Them Off

Everybody likes to be acknowledged and appreciated for their efforts. Or do they? Most companies have a formal way of acknowledging employees with such things as annual award banquets, top sales awards and certificates. There are a couple major pitfalls to these programs…

Christopher Locke

author of “Gonzo Marketing: Winning Through Worst Practices”

For Whom the Bell Curve Tolls

Performance appraisals used to be a way to reward employees. Now so-called forced rankings are being used to lay them off. But will you be sued if you use them?

Stanley Hollander

Professor of Marketing at Michigan State University from 1959 to 1991, Stanley Hollander’s career in the fields of retailing and marketing spans more than fifty years, first in retailing, then with the Office of Price Administration prior to his move into academia in 1947. Among his many and diverse roles, Professor Hollander was founder and co-chair of the North American Workshops on Historical Research in … [ Read more ]

Good to Great

Start with 1,435 good companies. Examine their performance over 40 years. Find the 11 companies that became great. Now, here’s how you can do it too.

Can This Off-Site Be Saved?

Skip the PowerPoint. Forget the whiteboards and butcher paper. If you want to organize an off-site that is energetic and memorable — an event that actually makes a difference — then follow our seven-point guide.

Next-Wave Business Analytics

Leveraging business data can be a challenge for companies that need to respond to rapidly evolving markets and changing customer dynamics. Analyzing business conditions requires analytic horsepower beyond conventional query and reporting tools.

Pulling the Talent Lever

In their book, The War for Talent, Ed Michaels, Helen Handfield-Jones, and Beth Axelrod predict that the crucial force that will make or break firms in the next two decades will be their ability to attract, develop, and retain managers at all levels.