Why Being Multinational Is No Longer Enough

Multinationals that try to force existing operations into foreign markets are in deep trouble, according to From Global to Metanational: How Companies Win in the Knowledge Economy. Instead, businesses must leverage knowledge from around the world to become “metanational.” Plus: Author Q&A.

Editor’s Note: I had some issues with this article (e.g. it tells what to do without telling how to do it and it … [ Read more ]

Alfred Chandler on the Electronic Century

Pulitzer Prize-winning historian Alfred D. Chandler Jr. examines the development of two pivotal industries – the consumer electronics and computer industries.

F. Scott Fitzgerald

Show me a hero and I’ll tell you a tragedy.

How To Do Business in Islamic Countries

What’s it like doing business in Islamic countries today? HarvardBusiness School professor Samuel L. Hayes III and Harvard Law Schoolprofessor Frank E. Vogel recently gave students the real deal.

The Dog And Pony Show: Why Seminars Work

Informational seminars can be more than effective marketing tools—they can help you build customer relations. But organizing a seminar is a lot more than renting a hall and demonstrating your product.

How To Train Leaders For a Global Perspective

How do managers hone the skills they need to survive and thrive in different geographical and cultural environments? In this excerpt from a new book, experts Morgan W. McCall, Jr. and George P. Hollenbeck offer some answers. PLUS: Q&A.

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.

Is Your Company Nudging the Numbers?

Pressure to meet the numbers is greater than ever. But don’t let your company issue a misleading earnings report. An excerpt from the Harvard Business Review shows how to spot signs of trouble.

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?

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.

Why Your IT Strategy Is Moving To the Web

Companies have traditionally embraced proprietary, in-house information systems. Until now, that is.

A World Interconnected By “Thick Globalism”

There’s nothing new about globalization—but it is becoming more complex, or “thick,” write Joseph S. Nye and Robert O. Keohane of Harvard’s Kennedy School of Government. One result: Small occurrences can have global consequences. Plus: Nye Q&A.

Connecting With Nonprofits

Nonprofits and business have a long history of collaboration, and the benefits run both ways. In this excerpt from HBS professor James Austin’s latest working paper, three levels of collaboration are detailed. Plus: Austin Q&A.

How To Put Value in VBM

What to do when your share price flounders? The tool of choice for many companies is a value-based management (VBM) program tying an economic profit metric to compensation. The problem: Results have been mediocre.

Mark Morris

It’s important to distinguish between creativity and art. The most common form of creativity is problem solving: You can’t get the truck through the tunnel, so you let the air out of the tires. I presume that businesspeople are very good at this kind of creativity…

By contrast, art depends on whether you can invent something from very little… Of course, skill and learning are also … [ Read more ]

How To Be an Angel Investor

Authors take a look at the basic requirements to succeed in early-stage investing, specifically illustrating the Harvard Framework (called FIT Analysis when I was getting my MBA)

Mark Morris

[this push for creativity], it’s all so completely phony. Look at education: There’s this horrible homogenization going on – everybody has got to be special. So if it’s somebody’s birthday in grade school, then you have to celebrate everybody’s birthday, all year long. Everyone gets absolutely equal treatment; nobody is allowed to stick out—whether it’s because they are behaving badly or are brilliantly smart. Everyone … [ Read more ]

Driven: How Human Nature Shapes Organizations

In this first look at a new book, HBS professors Paul Lawrence and Nitin Nohria explore how human nature shapes business organizations. Does your organization reflect the four basic human drives (acquiring, bonding, learning, and defending)? Plus: Q&A.

The Consumer Anthropologist

The problem with focus groups? They take consumers out of their natural habitat. So welcome the idea of ethnographic market research, which uses the anthropologist’s tool kit of methods and theories.