Malcolm Gladwell

Gladwell discusses his book, Blink: The Power of Thinking Without Thinking, which warns that a hunch — the first thing that pops into your head, before you learn all the facts — can be a powerful thing, something to be acknowledged and factored into your decision-making.

C.K. Prahalad

In my previous book, I said that top management and employees are disconnected. That is still true-in fact, if you look at all the scandals, it’s because the disconnect became even larger in the last ten years. This book says that there’s a huge disconnect between all managers in multinational companies-not just senior managers-and 5 billion potential consumers. Because we don’t see poor people, we … [ Read more ]

Murray Weidenbaum

Euphemisms are widely employed by corporate executives. Thus, in standard financial reporting, companies “earn profits” – a phrase that conjures up the notion of positive achievement of their own doing. In contrast, firms “suffer losses.” That sounds like an unexpected blow inflicted by some sinister force in the external environment beyond corporate influence.

Amar Bhidé

At least in the United States, most policymakers understand that in the long run, economic growth requires productivity growth: For per-capita living standards to increase, so must per-capita output. What is less well understood is that productivity growth requires the creation and satisfaction of new wants, not just the more efficient provision of existing wants.

Currently, discussions of productivity tend to focus on increases in efficiency … [ Read more ]

More, Bigger, Faster

Capitalism will thrive as long as we can create new wants — and products to meet them.

Editor’s Note: very insightful – a good read…

Look Who’s Talking

What do a stand-up comic, a former POW, an astronaut, a basketball star, a cancer survivor, and Bill Clinton have in common? You’ll find out in this tour of the corporate speaking circuit.

Henry Mintzberg

The argument that Milton Friedman and others use is that business has no business dealing with social issues-let ’em stick to business. It’s a nice position for a conceptual ostrich who doesn’t know what’s going on in the world and is enamored with economic theory. Show me an economist who will argue that social decisions have no economic consequences! No economist will argue that, so … [ Read more ]

Henry Mintzberg

The typical business school today is concerned with business functions, not management. Certainly managers have to understand business functions-marketing, accounting, sales, and so on-but the practice of business is not the same as the practice of management. Mixing all these functions together in a person is not going to produce a manager.

Now, while business schools have been successful in analyzing things, in separating all these … [ Read more ]

Henry Mintzberg

A profession has a codified body of knowledge, and to practice a profession you need to be trained and certified…But we don’t have much codified knowledge in management, and we certainly have no accreditation that ensures people are good managers; in fact, the most common accreditation-the MBA-is exactly the opposite. We have great managers who have never spent a day in a management program. We … [ Read more ]

It’s All About Passion

Corporations could learn a lot from the intensity of nonprofits. Are they willing to listen?

C.k. Prahalad

Few management thinkers can lay claim to having made a difference in the way managers think. C.K. Prahalad is one of them. In Competing for the Future, C.K. (as he is called by everyone) and his longtime collaborator Gary Hamel made such phrases as “strategic architecture” and, most particularly, “core competencies” common management parlance.

As Prahalad, 63, was instrumental in changing the way managers think about … [ Read more ]

Making Yourself Understood

“Txt msgs bad 4 corp comms. Pls rd.” Confused? So are a lot of people. Here’s what happened to good business writing.

Glen Hiemstra

In the next quarter-century, more and more kinds of work will be eligible to be done anywhere in the world by people who are skilled enough to do them. Companies of all kinds will be forced to ask, ‘What is our obligation to, commitment to, interest in the community and our workers? What are we really here for?’ I don’t know what the answers will … [ Read more ]

Matthew Budman / Stan Davis

Business thinker Stan Davis uses a pipeline metaphor to describe the pattern of job creation and motion. “I’m not concerned about U.S. job losses so long as we’re feeding the front end of the pipeline with growth and innovation,” he says. “As each new innovation creates new jobs and new sectors mature, those jobs migrate down the global food chain. The issue is, ‘Does the … [ Read more ]

Henry Mintzberg

MBA programs, says Henry Mintzberg, are producing not managers but functionaries. That doesn’t bode well for either business or society.

Can You Interview for Integrity?

Yes, and you don’t need a lie detector to do it.

The Battle for Corporate Power

“The large, publicly owned corporation is, nominally, a representative democracy. But power in most corporations lies everywhere but in the hands of the people. For decades, the shareholders of big U.S. companies have resembled the pre-Revolutionary American colonists, who labored under an indifferent ruling class that looted the people’s wealth and that left them few lawful means of redress. Today, citizen shareholders vote for referenda … [ Read more ]

Art Kleiner

“The customer comes first” is one of the three great lies of the modern corporation. The other two: “We make our decisions on behalf of our shareholders” and, “Employees are our most important asset.”

Ricardo Semler

Ricardo Semler works from a hammock. He offers seats on his company’s board to any employee who wants them. He lets new hires wander around for a year without a job. Who is this guy?

John Nirenberg

Every time researchers study the effect of the CEO on firm performance, they contribute to the idea that the big boss has a make-or-break effect, even though research usually finds that he doesn’t. Most people-including CEOs-would agree they can’t save a company on their own, so why do corporate boards persist in looking for a savior in a shrinking (and somewhat discredited) pool of saviors? … [ Read more ]