The Gender Gap

INSEAD Professor Herminia Ibarra, co-author of a World Economic Forum report, sheds light on where different countries stand on the issue of gender equality in the corporate world and why women are still facing barriers to attain both the highest echelons and “mission critical” roles.

Secrets of Virtual Success

How do you manage a team across borders and time zones? Start by tearing up your old management rule book, says Erin Meyer.

Measuring the effectiveness of corporate governance

Good corporate governance is very important for sustainable development, not only for the individual company, but also for the economy as a whole. Therefore, the quality of governance should be continuously improved and good governance should be promoted. However, what is not measured, cannot be improved. Hence, there is a need for a model to measure the quality of corporate governance.

Drucker on the ‘bounded goodness’ of corporate social responsibility

Peter Drucker’s immense contribution to the thinking and practice of management extends to social responsibility in business. This work goes back over 60 years but remains relevant today — notwithstanding the impacts of globalisation and the greater interconnectedness of business and society, says INSEAD Professor Craig Smith.

Managing Uncertainty

Why are we constantly surprised by the emergence of crises such as the current financial meltdown, and what are the lessons that we can apply when tackling these? According to INSEAD professor Mike Pich, it all boils down to risk and uncertainty – or at least a lack of understanding of the fundamental principles of risk.

Seeing Eye to Eye in Business Negotiations

With expressions like ‘out of sight, out of mind’, one would make a natural assumption that there’s a lot to be gained from direct face-to-face communication. However, according to Roderick Swaab, Assistant Professor of Organisational Behaviour at INSEAD, being able to see others and making eye contact may not always be the best thing.

Women and the ‘Vision Thing’

The good news is that in a study of executives, women did better than men on several measures. The bad news is that women fell significantly behind in one key area: vision.

Research by INSEAD professor Herminia Ibarra and PhD candidate Otilia Obodaru shows that women leaders are not perceived to be as strong as men when it comes to articulating a vision of the future … [ Read more ]

Maximising shareholder value: an ethical responsibility?

Finance professors often get criticised by ethics professors because they tell their students that the goal of the firm is to maximise shareholder value. Financial scandals such as Enron, Tyco and others are regularly blamed on the excessive focus on shareholder value maximisation. Theo Vermaelen, Professor of Finance at INSEAD, says this critique is misplaced and reflects a lack of understanding of what we teach … [ Read more ]

Supersizing and Downsizing: The Impact of Changing Packaging and Portion Sizes on Food Consumption

When it comes to packaging, size matters. In a research paper, INSEAD Associate Professor of Marketing Pierre Chandon and co-author Nailya Ordabayeva, an INSEAD PhD student, found that changes in the shape of packaging or portions can have a big impact on our consumption patterns.

Error Management: A Pre-emptive Move that can Reap Long-term Gains

If Murphy’s Law is to be believed, we should be doing a lot more to prevent mistakes from happening in the first place, especially when such errors can potentially turn into disasters. Take Chernobyl or the more recent NASA Columbia catastrophe, events that will long be remembered, but for the wrong reasons.

At an organizational level, errors are usually less dramatic, but undesirable nonetheless.

Dave Hofmann, … [ Read more ]

Mergers and Acquisitions: Reducing the Private Firm Discount

Owners of private companies normally sell their shares at a 20-30 per cent discount during mergers and acquisitions. The ‘private firm discount’ is one reason the stock market reacts more favorably when companies announce a private acquisition than when the target is a publicly-listed firm.

From the buyer’s point of view, says INSEAD Associate Professor of Strategy Laurence Capron, the discount reflects a presumed higher risk … [ Read more ]

Horacio Falcao

People tend to only look at national culture when they go into international negotiations—but there is also educational culture, race culture, gender culture, a religious culture. All of these also impact the way people behave and they are all “cross cultural,” which means that we’re underestimating the role of culture because we are only looking at the national one; but as negotiators, we need to … [ Read more ]

Measuring the Value of Point-of-Purchase Marketing with Commercial Eye-Tracking Data

So many products, so many brands, so many prices – consumers today are almost blinded by all the choices at the supermarket. Marketers draw consumers’ eyes to their products through point-of-purchase (P-O-P) marketing. Researchers use eye-tracking studies to measure how successful marketers are at zoning consumers in on their products on the store shelves. Scott Young and Professors Pierre Chandon and Wesley Hutchinson examine the … [ Read more ]

Informal Networks, Social Control, and Third-Party Cooperation

In business, getting the active cooperation of two or more people you have no direct control over can be a daunting task. But, this is a common situation in cross-functional teams. People who fail to communicate informally with their colleagues and only address business issues behind the doors of formal meetings, may find it more difficult to obtain colleagues’ cooperation, as well as that of … [ Read more ]

The Experience Trap

When companies look for a manager, they should look for experience, right?

Well, maybe not. INSEAD professors Kishore Sengupta and Luk Van Wassenhove say their research has revealed what they call the “experience trap.”;

“Conventional wisdom holds that as we do more things more often, we learn from experience and get better and better, and what we found in our research was that actually some of … [ Read more ]

Talent Management: Building and Sustaining a Strong Talent Pipeline

Best practices only work in a given context, says Günter Stahl, INSEAD Associate Professor of Organisational Behaviour. “So what works for one company may not work for another.”

That’s one of the key findings of The Global Human Resource Research Alliance, a study of best practices in talent management on which Stahl was a lead researcher. It investigated the processes and practices of 37 multinational companies, … [ Read more ]

The Re-routing Routine: From Organizational Routines to Dynamic Capabilities

How do companies learn to learn? Maurizio Zollo, Associate Professor of Strategy and Management at INSEAD, and Sidney G. Winter, Professor at the Wharton School, University of Pennsylvania, investigate this topic in a working paper. The authors identify three consistent catalysts building and reshaping organizational routines: how an organisation builds experience, how it articulates knowledge and how it codes that knowledge into task-specific tools. The … [ Read more ]

Technology Evolution and Demand Heterogeneity: Implications for Product and Process Innovation

What is the force turning the technological tides? Traditional answers focus on what is essentially the “supply side” of technical change — the evolution of firm capabilities. Ron Adner, Associate Professor of Strategy and Management at INSEAD and Daniel Levinthal Professor of Management at Wharton, argue that in fields such as electronics and information technology, where constraints on technology development are relatively low, technology evolution … [ Read more ]

What’s in a Job? Job Design in the Retail Grocery Business: An Empirical Analysis

What motivates an employee to work hard? If you ask an economist, the answer is self-interest. Work is only a means to an end and an employee will exert higher effort only to the extent that the monetary compensation for it is sufficiently attractive. If you ask a behavioral theorist, the answer is that work itself is fulfilling. Having a stimulating work environment with job … [ Read more ]