How to get into HBS: play the piccolo, not the violin

When Janet Stark finally gets around to building her own website, the admissions consultant will run it with the headline, “I’ve been accepted to Harvard Business School over 50 times!” Her students are a bit less open.

10 Tips from the Best in Business

As authors of The 100 Best Business Books of All Time, published in February by Portfolio, we found ourselves stumbling across the most important business insights of the last 30 years. We learned plenty about leading, managing, innovating and saving your company and yourself when disaster lurks around the corner. In case you don’t have time to read all the stuff that we did–or you’re … [ Read more ]

10 new gurus you should know

You’ve heard of Peter Drucker, Jim Collins, and C.K. Prahalad. Here we introduce the next generation of management experts who are changing the way business gets done.

Why Talent is Overrated

The conventional wisdom about “natural” talent is a myth. The real path to great performance is a matter of choice.

Geoff Colvin

Excellent performers judge themselves differently than most people do. They’re more specific, just as they are when they set goals and strategies. Average performers are content to tell themselves that they did great or poorly or okay.

By contrast, the best performers judge themselves against a standard that’s relevant for what they’re trying to achieve. Sometimes they compare their performance with their own personal best; sometimes … [ Read more ]

Jim Collins

The best corporate leaders never point out the window to blame external conditions; they look in the mirror and say, “We are responsible for our results!” Those who take personal credit for good times but blame external events in bad times simply do not deserve to lead our institutions. No law of nature dictates that a great institution must inevitably fall, at least not within … [ Read more ]

In Defense of MBAs

Businessmen grouse about them, but the best ones have financial skills that corporations badly need.

Editor’s Note: this is an interesting read even though (or perhaps because?) it was written in 1985…

Break free!

Like many great inventions, management practices have a shelf life. In his new book, renowned management guru Gary Hamel explains how to jettison the weak ones and embrace the ones that work.

Gary Hamel

Turns out you don’t need a lot of top-down discipline when four conditions are met:
1. First-line employees are responsible for results.
2. Team members have access to real-time performance data.
3. They have decision authority over the key variables that influence performance outcomes.
4. There’s a tight coupling between results, compensation, and recognition.

America’s Best Colleges for Entrepreneurs

FORTUNE claims these grad schools blend real-world small-business know-how with top academics.

100 Top MBA employers

Think of it as a popularity contest for companies. Each year, research firm Universum surveys MBA candidates on where they’d most like to work. Also lists top cities and biggest paychecks.

Why Companies Fail

Every corporate disaster has its own awful story — yet most debacles are the result of managers making one (or more) of six big mistakes.

What It Takes To Be Great

Research now shows that the lack of natural talent is irrelevant to great success. The secret? Painful and demanding practice and hard work.

Why Dream Teams Fail

It may be tempting to recruit all-stars and let ’em rip. Don’t do it. Dream teams often become nightmares of dysfunction.

Can Entrepreneurship be Taught?

Classes for would-be entrepreneurs are a hot trend at America’s universities. But can risk taking and originality be learned?

Killer Strategies That Make Shareholders Rich

Here are five ways organizations can radically rethink their strategy.

Editor’s Note: I found the first half of this article of little value, but the five ways to radically rethink their missions in the second half is good stuff.

The Next Big Thing

Move aside, tree huggers. More and more hardheaded entrepreneurs are tapping into the growing green market.

Tree Huggers, Soy Lovers, and Profits

Some of America’s biggest corporations believe that the best way to make money is by saving the world. And guess what? They just might be right.

Have They No Shame?

Their performance stank last year, yet most CEOs got paid more than ever. Here’s how they’re getting away with it.