Rakesh Khurana
Many Indians growing up in the United States detect an inconsistency or incoherence about modern life…Somehow you are supposed to be moral and generous in your private life, but that doesn’t apply when you go to work — you don’t have to be the same person. That kind of role fragmentation or inconsistency was really seen as profane. One must find a way that synthesizes … [ Read more ]
Content: Quotation | Source: Across the Board (ATB) | Subjects: Integrity, Social Responsibility (ESG)
Sumantra Ghoshal
A very different management philosophy is arising and will become dominant — the purpose, process, people philosophy. We are moving beyond strategy to purpose, beyond structure to process, and beyond systems to people. This will shift the basic doctrine of shareholder capitalism, and moderate it, so that if people are adding the most value, then people will increasingly have to be seen as investors, not … [ Read more ]
Content: Quotation | Source: Across the Board (ATB) | Subjects: Management, Miscellaneous
Ian Mitroff
We haven’t done a good job of teaching critical thinking and creative problem-solving. People find critical thinking difficult because it’s a radical switch from their 20 years of education in solving well-structured problems. We’ve produced a nation of certainty junkies, where if you can’t define a problem with precision and certainty, people go crazy. Well, welcome to the real world. The game has changed. Problems … [ Read more ]
Content: Quotation | Source: Across the Board (ATB) | Subjects: Decision Making, Thought
Out of Control?
Executive pay is often not linked to performance, says Lucian Bebchuk, who knows precisely what’s needed to bring it into line.
Content: Article | Authors: A.J. Vogl, Lucian A. Bebchuk | Source: Across the Board (ATB) | Subject: Corporate Governance
Jeffrey Garten
When it comes to business education, for better or worse — and I think for worse — business schools are followers, not leaders. Typically, business schools hold their finger up to the wind and ask, What do our customers want? They have two kinds of customers. One is the people who are doing the hiring, and the other is the students. I happen to think … [ Read more ]
Content: Quotation | Source: Across the Board (ATB) | Subjects: Education, MBA Related | Industry: Education / Training
Jeffrey Garten
Over the last fifteen years there have been a lot of ratings of business schools, and these ratings are very akin to customer-satisfaction ratings. You’re basically asking the students, How good was the experience? That presumes that the students know what it is that they should be learning, or whether the environment in a particular school is better than another school that they never attended. … [ Read more ]
Content: Quotation | Source: Across the Board (ATB) | Subjects: Education, MBA Related | Industry: Education / Training
Charles Handy
Africans speak of two hungers: the lesser hunger — for the goods and services that sustain us and the means to pay for them, and the greater hunger, which has to do with understanding what life is all about.
Today, that greater hunger is even keener, for workers and executives the world over. And I worry that the only way people can satisfy it is though … [ Read more ]
Content: Quotation | Source: Across the Board (ATB) | Subjects: Money, Personality / Behavior
Jeffrey Garten
Ten years ago, Jeffrey Garten was brought in to turn around the Yale School of Management. Did he pull it off?
Content: Thought Leader | Source: Across the Board (ATB) | Subject: Management | Industry: Education / Training
Franklin Delano Roosevelt (FDR)
A man who has never gone to school may steal from a freight car, but if he has a university education he may steal the whole railroad.
Content: Quotation | Source: Across the Board (ATB) | Subject: Ethics
James Krohe Jr.
The famous concern for “legacy” among older execs often is little more than a tacit confession that the power and perks for which one clawed one’s way to the top are no longer satisfying.
Content: Quotation | Source: Across the Board (ATB) | Subjects: Career, Work
Carl Barnhill
People from the military have a higher internal drive for excellence. We see that they’re self-policing. They have less of a disposition to blame outside events or organizational issues for lack of success. They typically are self-driven and have a higher moral compass, as well. In military terms, given a mission, they set out to achieve it without a whole lot of oversight.
Content: Quotation | Source: Across the Board (ATB) | Subject: Human Resources
Gary Klein and Karl E. Weick
The only thing that the passage of time achieves is to move you closer to retirement or termination. Too often, we treat experience as a noun rather than as a verb, something to accumulate (“I had an experience”) rather than something to discover (“I experienced . . .”). A nasty barrier to the buildup of experience is buried in this innocent-sounding sentence: “I have learned … [ Read more ]
Content: Quotation | Source: Across the Board (ATB) | Subject: Experience
Your Good Name: Before You Lose It
CEOs get the PR counsel that they allow — and a lot of it is bad. Here, then, are seven simple truths about public relations learned the hard way.
Content: Article | Author: Dick Martin | Source: Across the Board (ATB) | Subjects: Industry Specific, Public Relations | Industry: Public Relations
Arthur W. Page
All business begins with the public permission and exists by public approval. . . . So we, like all other companies, live by public approval, and roughly speaking, the more approval you have the better you live. Of course, the fundamental way of getting [approval] is to deserve it.
Content: Quotation | Source: Across the Board (ATB) | Subjects: Public Relations, Social Responsibility (ESG)
Dick Martin
CEOs should ask a potential PR counselor who the company’s most important audience is. If the answer is anyone other than a company’s own employees, the CEO should keep looking.
Content: Quotation | Source: Across the Board (ATB) | Subject: Public Relations
Dick Martin
Among a CEO’s most important responsibilities is to define workers’ common mission and set the course toward it. The CEO needs to become the company storyteller, the keeper of the sustaining myth that nourishes people on their journey together. But if the CEO is, for many employees, the personification of the company, it’s their immediate boss who people listen to for evidence of what really … [ Read more ]
Content: Quotation | Source: Across the Board (ATB) | Subjects: Communication, Management
Dick Martin
A CEO’s goal should be credibility, not celebrity. In the quest for credibility, CEOs should avoid anything that feeds expectations. Underpromising won’t guarantee success, but overpromising is the surest path to failure. This often means being more boring, less newsworthy, and less available than the press would sometimes like.
Content: Quotation | Source: Across the Board (ATB) | Subjects: Corporate Governance, Leadership
Dick Martin
Effective PR counselors understand the business that they represent as well as do their peers in the executive suite, and they work with them to meet the needs of the company’s multiple stakeholders. They adopt a businessperson’s perspective, not a journalist’s. Good press is not an end in itself, and bad press is not to be avoided at any cost — certainly not at the … [ Read more ]
Content: Quotation | Source: Across the Board (ATB) | Subjects: Communication, Public Relations
Dick Martin
Business has a bad image today not because it is too focused on creating wealth but, rather, because it has defined the beneficiaries of that wealth creation too narrowly. Corporations exist to create wealth for all who provide their resources and bear the risks of their failure. Such wealth comes in the form of dividends, rising stock prices, jobs, careers, healthier communities, and valuable products … [ Read more ]
Content: Quotation | Source: Across the Board (ATB) | Subjects: Miscellaneous, Public Relations
Dick Martin
Once formed, symbols persist until they are replaced by other, more powerful symbols.
Content: Quotation | Source: Across the Board (ATB) | Subject: Perception
