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Stepping back to understand deeper context and underlying motivation is important because people are notoriously bad at predicting what they want.
— Sunita MohantyAuthor: Sunita Mohanty | Source: First Round Review | Subjects: Market Research, Marketing / Sales
What we’re taught when we grow up is that our outcome is 100% correlated to our effort. If I study hard for a test or work hard on a project, I’m going to get a better grade than if I don’t try. So I’ve always just assumed that when things aren’t going well, I just need to work harder. It’s ingrained a lot of habits, … [ Read more ]
— Ayo OmojolaAuthor: Ayo Omojola | Source: First Round Review | Subjects: Management, Personal Development
Culture is important in all deal types but particularly when you bring two large groups of people together. Then, the potential friction would be much more visible. And you need to understand the culture of both companies. It is not enough to say, is the target company compatible with us? You need to understand it in a more nuanced way. What are their ways of … [ Read more ]
— Becky KaetzlerAuthor: Becky Kaetzler | Source: McKinsey Quarterly | Subject: Mergers & Acquisitions
If you have technical skills without influence skills, you're not going to go anywhere cause you can't get anything done. If you have influence skills without technical skills, you may go places but you'll get the wrong things done. So you really need both.
— Jeffrey PfefferAuthor: Jeffrey Pfeffer | Source: Stanford University | Subjects: Career / Employment, Human Resources, Organizational Behavior, Personal Development
A useful framing, we find, is to compare the breadth of ESG with the uniqueness of purpose. ESG encompasses society’s wide range of expectations about the role of business. There are a multitude of ESG options, requirements, and variations—from community service to inclusivity, transparency in reporting, and waste management, to name just a few. Purpose, on the other hand, helps your firm prioritize from among … [ Read more ]
— Sebastian Leape, Jinchen Zou, Olivia Loadwick, Robin Nuttall, Matt Stone, Bruce SimpsonAuthors: Bruce Simpson, Jinchen Zou, Matt Stone, Olivia Loadwick, Robin Nuttall, Sebastian Leape | Source: McKinsey Quarterly | Subject: Social Responsibility
Most Popular Business Quotations
In principle, patents open up innovations in two ways. First, they confer only temporary rights; once patents expire or are abandoned, the intellectual property they are designed to protect passes into the public domain. Second, they require the details of the invention to be disclosed so they can be replicated. This permits follow-on innovation, which is essential for industrial progress. More recently, as the patent system … [ Read more ]
— The EconomistAs for the genius of innovation, clearly the one percent spark of inspiration is nurtured by a positive culture. But the 99 percent perspiration ingredient comes from employees who love what they do, as well as where they do it, and who invest in that Holy Grail of productivity called “discretionary … [ Read more ]
— Stephanie Quappe, David Samso Aparici, Jon WarshawskyMoney never comes first in self-expression of any kind.
— William J. ReillyIt is not the critic who counts; not the man who points out how the strong man stumbles, or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood; who strives valiantly; who errs, and comes short again and again, because there is no … [ Read more ]
— Theodore RooseveltThe uncomfortable fact for many green marketers--and targets of that marketing--is that genuinely going green would mean giving up most of the products and services that clutter our consumer culture. It would mean simplifying, valuing time and people over stuff. How can most products avoid the sin of the hidden trade-off? With a simple label: "You don't really need this."
— David Roberts