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.
Content: Article | Author: Herminia Ibarra | Source: INSEAD Knowledge | Subject: Women in Business
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.
Content: Article | Source: INSEAD Knowledge | Subjects: International, Management, Organizational Behavior
What’s your CEO really worth? INSEAD’s Corporate Governance Initiative creates a model
If you don’t use market mechanisms to determine CEO pay, what do you use? Enter INSEAD Professor of Accounting and Control S. David Young, who with compensation consultant Stephen O’Byrne, has created a metric to do the math.
Content: Article | Source: INSEAD Knowledge | Subject: Corporate Governance
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.
Content: Article | Author: Yilmaz Argüden | Source: INSEAD Knowledge | Subject: 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.
Content: Article | Author: Craig Smith | Source: INSEAD Knowledge | Subject: Social Responsibility (ESG)
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.
Content: Article | Authors: Karen Cho, Mike Pich | Source: INSEAD Knowledge | Subject: Risk Management
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.
Content: Article | Author: Roderick Swaab | Source: INSEAD Knowledge | Subject: Negotiation
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 ]
Content: Article | Authors: Herminia Ibarra, Otilia Obodaru | Source: INSEAD Knowledge | Subject: Women in Business
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 ]
Content: Article | Author: Theo Vermaelen | Source: INSEAD Knowledge | Subjects: Ethics, Finance
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.
Content: Article | Authors: Nailya Ordabayeva, Pierre Chandon | Source: INSEAD Knowledge | Subject: Market/Investment
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 ]
Content: Article | Author: Dave Hofmann | Source: INSEAD Knowledge | Subjects: Management, Organizational Behavior
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 ]
Content: Article | Author: Laurence Capron | Source: INSEAD Knowledge | Subjects: Finance, Mergers & Acquisitions
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 ]
Content: Quotation | Author: Horacio Falcao | Source: INSEAD Knowledge | Subjects: Culture, International, Negotiation
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 ]
Content: Article | Authors: J. Wesley Hutchinson, Pierre Chandon, Scott H. Young | Source: INSEAD Knowledge | Subjects: Market Research, Marketing / Sales
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 ]
Content: Article | Author: Martin Gargiulo | Source: INSEAD Knowledge | Subjects: Management, Organizational Behavior
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 ]
Content: Article | Authors: Kishore Sengupta, Luk N. Van Wassenhove | Source: INSEAD Knowledge | Subjects: Human Resources, Management, Organizational Behavior
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 ]
Content: Article | Author: Günter Stahl | Source: INSEAD Knowledge | Subjects: Best Practices, Human Resources
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 ]
Content: Article | Authors: Maurizio Zollo, Sidney G. Winter | Source: INSEAD Knowledge | Subject: Knowledge Management
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 ]
Content: Article | Author: Ron Adner | Source: INSEAD Knowledge | Subjects: Innovation, IT / Technology / E-Business
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 ]
Content: Article | Authors: David Soberman, Ganesh Iyer, Markus Christen | Source: INSEAD Knowledge | Subjects: Human Resources, Organizational Behavior
