108 Posts found for Source: IESE Insight

Do you spend enough time planning strategy? Are the meetings you hold actually productive? Do you regularly track and review the results of your short- and long-term strategies, and change them when necessary? Alberto Fernández offers tips for avoiding 12 common pitfalls in strategic planning and follow-up.

Content: Article | Author: Alberto Fernández | Source: IESE Insight | Subject: Strategy

The world may only be around 10-25 percent globalized, but to take advantage of the opportunities presented by semi-globalization, today’s firms demand more international business knowledge from graduates. To address the knowledge gap, IESE Prof. Pankaj Ghemawat has compiled the Globalization Note Series, covering the globalization of markets and firms, cultural differences, and ownership and governance around the world.

Content: Article | Author: Pankaj Ghemawat | Source: IESE Insight | Subject: International

Although some might think otherwise, “marginalized biculturals” — individuals who belong to more than one culture, yet do not identify strongly with any of them — can excel at global leadership. A new article by Stacey R. Fitzsimmons of Western Michigan University, IESE’s Yih-teen Lee and Mary Yoko Brannen of INSEAD explains how this much-overlooked group can make natural global leaders, and what this implies … [ Read more ]

Content: Article | Source: IESE Insight | Subject: International

Incentives for innovation can only be adequately designed if managers know what innovation is when they see it. IESE’s B. Sebastian Reiche and his colleagues set out to clarify the concept of innovation in their paper “Innovation as a Knowledge-based Outcome,” which offers a new, broader definition designed to help managers improve innovativeness and overall firm performance.

Content: Article | Source: IESE Insight | Subject: Innovation

In business, we tend to spend a lot more time thinking about the problems than the triumphs. People need to know that what they’re doing is making a difference, and that their leaders notice and appreciate their efforts.

Content: Quotation | Author: Irene Rosenfeld | Source: IESE Insight | Subjects: Change Management, Communication, Management, Motivation

Mounting competition and ever-more demanding customers mean that companies must deliver exceptional service. While no service model is a guarantee of success, companies need to align strategic and operational issues with customer and employee needs. In their latest research, IESE professors Philip Moscoso and Alejandro Lago offer a clear model for turning service offerings into profit and growth.

Content: Article | Source: IESE Insight | Subject: Customer Related

The successful acquisition of knowledge across organizational boundaries is essential for innovation and creativity. In a new article, IESE’s Marco Tortoriello and his colleagues argue that organizations interested in mobilizing knowledge across formal boundaries must move beyond the simplistic version of “boundary spanners” (individuals who link different organizational units) toward a deeper understanding of the network relationships in which boundary spanners are embedded.

Content: Article | Source: IESE Insight | Subject: Knowledge Management

In an increasingly multicultural age, communication between business people becomes increasingly tricky. An article coauthored by IESE’s Carlos Sánchez-Runde reveals how culture affects cognition and how companies can enhance their multicultural communication.

Content: Article | Author: Carlos Sánchez-Runde | Source: IESE Insight | Subject: International

Early-stage companies play a vital role in developing the world’s latest innovations, as shown in a study presented at the 2011 World Economic Forum. Based on interviews with executives from such top companies as eBay and Microsoft, the study reveals that the similarities in early-stage companies around the globe are far greater than their differences.

Content: Article | Authors: Antonio Dávila, George Foster | Source: IESE Insight | Subject: Entrepreneurship

It is generally accepted that financial and marketing policies have a decisive impact on a company’s bottom line. When it comes to HR policies, however, businesses often question their real value. In this article, Pablo Maella explains how an effective HR strategy can affect a company’s earnings, and offers tips on how to design such an approach.

Content: Article | Author: Pablo Maella | Source: IESE Insight | Subject: Human Resources

Does innovation depend on “Eureka!” moments, experienced only by a lucky few? Creativity and innovation may seem like moving targets, but building a culture that encourages systemic creativity in an organization is possible, as IESE’s Paddy Miller and Azra Brankovic explain.

Content: Article | Source: IESE Insight | Subjects: Innovation, Organizational Behavior

While much attention is paid to the influence of external factors on worker efficiency levels, surprisingly little is paid to the role of individuals themselves. In his working paper, IESE’s Pablo Maella reminds us that a business is only as efficient as those working for it, and he suggests practical ways in which individuals can boost their levels of personal efficiency.

Content: Article | Author: Pablo Maella | Source: IESE Insight | Subjects: Organizational Behavior, Personal Development

Many executives demonstrate a great mastery when it comes to justifying increased spending, but have no methodology for saving. In his new book, IESE Prof. Ignacio Urrutia discusses the 10 common mistakes in cost cutting and offers practical advice on how to successfully cut back spending.

Content: Article | Author: Ignacio Urrutia de Hoyos | Source: IESE Insight | Subjects: Management, Operations

Private label products, or store brands, can bolster a store’s market share and positively impact retail sales. But what effect do private label products have on the supply chain? Is introducing a store brand always a good idea, or can it have detrimental effects as well? Marc Sachon and Víctor Martínez de Albéniz propose a model that can help retailers determine whether introducing a private … [ Read more ]

Content: Article | Authors: Marc Sachon, Víctor Martínez de Albéniz | Source: IESE Insight | Subjects: Industry Specific, Operations | Industry: Retail

Past success can become tomorrow’s liability. But instead of throwing out the old and taking a bold leap into the new, leaders in uncertain times should focus on creating conditions for internally generated growth. Columbia’s Rita Gunther McGrath presents a portfolio of opportunities that managers can employ, including a questionnaire to help you pinpoint the greatest sources of uncertainty in the business, and thereby focus … [ Read more ]

Content: Article | Author: Rita Gunther McGrath | Source: IESE Insight | Subjects: Management, Strategy

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One of the biggest differences between a core business and an entrepreneurial one is what colleagues and I have termed the difference in the Assumption:Knowledge ratio. Businesses with a low ratio – such as your core – can be managed conventionally. In such situations, the measure of a good plan is how close results came to expectations, and failure rates should be low. In a … [ Read more ]

Content: Quotation | Author: Rita Gunther McGrath | Source: IESE Insight | Subjects: Entrepreneurship, Management, Strategy

Narayana Murthy, cofounder of Infosys, the global IT services company based in India, consistently makes the list of most admired/most respected/most powerful global leaders, being named one of BusinessWeek’s Stars of Asia as well as one of Time’s top 10 global leaders who are helping to shape the future of technology. Here he talks innovation, offshoring and social responsibility with IESE’s Sandra Sieber.

Content: Thought Leader | Authors: Narayana Murthy, Sandra Sieber | Source: IESE Insight | Subjects: Miscellaneous, People

Everyone wants to make it to the top in their chosen career, but not everybody achieves that goal. This article takes an in-depth look at the different stages an executive must go through to become a CEO or to earn whatever other job title is used to describe the person at the apex of a business organization.

Content: Article | Authors: Guido Stein, José Ramón Pin | Source: IESE Insight | Subjects: Career, Organizational Behavior

Bernie Madoff, Lee Kun Hee and, less recently, WorldCom, Parmalat and Enron. In the wake of all this white-collar crime, people are calling for corporate social action. A Stakeholder Management approach could be the answer. But when a CEO is juggling everyone from employees to charities, the water surrounding their actions and results becomes murky. In “Does Stakeholder Management Have a Dark Side,” Carmelo Cennamo, … [ Read more ]

Content: Article | Authors: Carmelo Cennamo, Luis R. Gómez-Mejía, Pascual Berrone | Source: IESE Insight | Subjects: Corporate Governance, Management