461 Posts found for Source: Knowledge@Wharton

We have a much better memory for incomplete than complete tasks. The moment I hit send on that draft, it’s out of my mind, whereas when I leave it open, then I’m constantly processing it. I’m seeing new possibilities.

Content: Quotation | Author: Adam Grant | Source: Knowledge@Wharton | Subjects: Creativity, Innovation, Thought

If you want to be an original – the kind of nonconformist who champions new ideas and really drives creativity and change in the world – I thought you had to be an early bird, a first mover. But again, the evidence proved me wrong. Turns out that most originals are great procrastinators. The reason for this is pretty simple. […] What I noticed as … [ Read more ]

Content: Quotation | Author: Adam Grant | Source: Knowledge@Wharton | Subjects: Career, Creativity, Innovation, Organizational Behavior, Personal Development

One of the myths that people carry around is if you want to be original, you will think, “I should do less because I want to perfect my invention or my creation.” But again, the data actually support the opposite story. Dean Simonton is a psychologist who has been studying this his whole career. What he finds is, one of the best predictors of how … [ Read more ]

Content: Quotation | Author: Adam Grant | Source: Knowledge@Wharton | Subjects: Creativity, Innovation

Most entrepreneurs hate gambling. What they really enjoy is the opportunity to try something new. They’re typically driven not by this craving for risk, but rather, this desire to say, “Can I pursue a passion? Can I work independently? Can I do something where I’m really going to have an impact?”

What mystifies a lot of us is we look at entrepreneurs, and we see them … [ Read more ]

Content: Quotation | Author: Adam Grant | Source: Knowledge@Wharton | Subject: Entrepreneurship

Wharton management professor Peter Cappelli has spent decades studying the complicated dynamics of employment. In a post-recession world, his research is more timely than ever as companies large and small struggle to adapt to a new normal that relies on fewer employees handling a larger, shifting workload. One practice that has persisted in this changing business landscape is the ubiquitous performance evaluation, which Cappelli describes … [ Read more ]

Content: Article | Author: Peter Cappelli | Source: Knowledge@Wharton | Subjects: Human Resources, Management

Whatever your chosen field or avocation may be, if you take it seriously, you probably wish you could become an expert – the sort of person who earns real success, better opportunities or even just more personal satisfaction from what you do. And if you’re not an expert, you may look at those who are and think, maybe they just came to the task with … [ Read more ]

Content: Article | Author: Anders Ericsson | Source: Knowledge@Wharton | Subjects: Career, Human Resources, Personal Development, Productivity / Work Tips

Kate Glazebrook is principal adviser and head of growth and equality with the Behavioral Insights Team, a self-described social purpose company based in London that applies behavioral science to public policy and best business practices. The organization’s latest effort could revamp the way employee recruitment is done by focusing on analytics to remove some of the observational bias that is typical in the hiring process. … [ Read more ]

Content: Article | Author: Kate Glazebrook | Source: Knowledge@Wharton | Subject: Human Resources

What makes certain teams excel and others perform below par? In a new book, Committed Teams: Three Steps to Inspiring Passion and Performance, Mario Moussa, Madeline Boyer and Derek Newberry divulge the surprising secrets to developing a high-performance team and the common mistakes groups make that hinder their cooperation.

Jeffrey Klein, executive director of the McNulty Leadership Program at Wharton, recently spoke with Moussa, a Wharton … [ Read more ]

Content: Multimedia Content | Authors: Jeffrey Klein, Mario Moussa | Source: Knowledge@Wharton | Subjects: Human Resources, Organizational Behavior

As the director of People Analytics at Google for the last decade, Brian Welle’s world revolves around data. He has found that those hard, cold numbers can, when used properly, uncover the key attributes that make people better managers and team members. Once identified, the attributes can then be cultivated and instilled to boost performance. Welle spoke recently with Cade Massey, Wharton practice professor of … [ Read more ]

Content: Thought Leader | Author: Brian Welle | Source: Knowledge@Wharton | Subjects: Organizational Behavior, Teamwork | Company: Google

Anyone who shops regularly online has encountered recommender systems that point out one or two other products or pieces of content we might like, based on past purchases or other behavior. In two new papers, Wharton operations, information and decisions professor Kartik Hosanagar examined when recommender systems work well, and when they don’t, and whether certain types of products tend to do particularly well … [ Read more ]

Content: Multimedia Content | Author: Kartik Hosanagar | Source: Knowledge@Wharton | Subject: Marketing / Sales

Figuring out how to make the act of decision-making “commensurate with the complexity and importance of the stakes” is a huge problem, in Daniel Kahneman’s view, to which the business world does not devote much thought. At a Wharton conference he described how significant progress can be made in making organizations “more intelligent.”

Content: Article | Author: Daniel Kahneman | Source: Knowledge@Wharton | Subjects: Organizational Behavior, Personal Development

A new book by Wharton management professor Adam Grant challenges our assumptions about what it takes to generate and champion original ideas in ourselves and others. In Originals: How Non-Conformists Move the World, Grant reveals what we can learn from entrepreneurs and other trailblazers to help us think differently and to make our voices heard.

Content: Multimedia Content | Author: Adam Grant | Source: Knowledge@Wharton | Subjects: Innovation, Personal Development

A new book about the Cleveland Clinic distills what it has learned from pioneering several medical innovations, including the first hospital-based kidney dialysis unit in the 1950s, the first coronary bypass surgery in the 1960s, the first successful larynx transplant in the 1990s, and the first near-total face transplant in 2008, among others. Innovation the Cleveland Clinic Way, by Thomas J. Graham, MD, shares its … [ Read more ]

Content: Article | Author: Thomas J. Graham | Source: Knowledge@Wharton | Subject: Innovation

The problem with many catastrophic risks isn’t just that their impacts, when they hit, are so massive. It’s also that their odds of occurring in any given short time frame are very small, so that planning for them has to be handled as a long-term priority while the proverbial sun is shining. And neither companies nor individuals are particularly apt at taking serious, long-term action … [ Read more ]

Content: Multimedia Content | Source: Knowledge@Wharton | Subject: Risk Management

n this opinion piece, Peter Cohan, a lecturer at Babson College, argues that companies looking for fast growth can find it “along five dimensions, ranging from the most basic to the most challenging.” Since 1994, Cohan’s management consulting and venture capital firm has conducted more than 150 growth strategy projects for global companies. He has invested in seven startups, three of which were sold for … [ Read more ]

Content: Article | Author: Peter Cohan | Source: Knowledge@Wharton | Subjects: Management, Strategy

Changes in technology and a greater acceptance of dynamic pricing among consumers are prompting more industries to consider deploying this type of pricing mechanism, even though the concept has been around for more than 30 years. This article highlights four types of dynamic pricing and three criteria to consider if using it.

Content: Article | Source: Knowledge@Wharton | Subject: Pricing

In multinational businesses, team members often have to communicate information to colleagues based across the globe. But for a host of reasons, that information sharing often doesn’t happen as effectively as it should.

Wharton management professor Martine Haas was curious about precisely which issues were most responsible for impairing that vital communication, and what could be done to improve it. She and Jonathon Cummings of Duke … [ Read more ]

Content: Multimedia Content | Author: Martine Haas | Source: Knowledge@Wharton | Subject: Organizational Behavior

usiness environments have become so diverse that companies today need different approaches to strategy in different circumstances, says Martin Reeves, senior partner and managing director of BCG’s Bruce Henderson Institute for strategy, and author of the recently released book, Your Strategy Needs a Strategy. Large companies in particular should deploy separate strategies for different parts of business, and when they do so, research shows they … [ Read more ]

Content: Multimedia Content | Author: Martin Reeves | Source: Knowledge@Wharton | Subject: Strategy

After analyzing data from more than 15,000 interviews with CEOs and other business leaders, executives from management consulting company ghSMART found that three fundamental factors drive leadership success. In their book, Power Score: Your Formula for Leadership Success, Geoff Smart, Randy Street and Alan Foster describe what they learned.

In this interview with Knowledge@Wharton, co-authors Street and Foster talk about the formula for management success, the … [ Read more ]

Content: Multimedia Content | Source: Knowledge@Wharton | Subjects: Leadership, Management, Organizational Behavior

When a company undergoes a technological change — such as introducing robots or reorganizing the workflow in manufacturing — does it mainly make individual workers more productive because they will be able to churn out more widgets per hour? Or does it make all factors of production equally more productive — workers can produce more widgets, state-of-the-art equipment can accomplish tasks faster, materials that can … [ Read more ]

Content: Article | Authors: Jordi Jaumandreu, Ulrich Doraszelski | Source: Knowledge@Wharton | Subject: Economics