Search Funds Keep Offering a Proven Path to Ownership

The 2026 Search Fund Study tracks decades of data about entrepreneurs identifying and buying businesses.

Hazel Rose Markus

Listening is valuable because it conveys empathy, but it is useful to listen specifically for what people understand as the important values of our organization, the undergirding ideas. What are we about? What are we trying to be as an organization? And, very importantly, do our policies and practices reflect these ideas and values and our mission? We can say we’re about one thing or … [ Read more ]

Deborah H. Gruenfeld

One of the conclusions from our research on power is that what power does to people is bring out their most basic instincts and impulses. And because of how we’re socialized in the world, there are people for whom power is very attractive and it’s easy for them to see themselves in positions of power and they like the idea of having control, and there … [ Read more ]

Deborah H. Gruenfeld

I think where a lot of managers struggle, is that because they’re so uncomfortable with the idea of power and hierarchy … they assume they should not take ownership of the authority that they have and pretend that it doesn’t exist to try to keep things more equal than they are.

Deborah H. Gruenfeld

People have a tendency to form hierarchies almost instantly in all kinds of organizational settings, whether the task requires it or not.

Robert Sutton

Sometimes, being fast — all that does is get you killed off more quickly.

Robert Sutton, Stanford Seed

Leaders should be trustees of other people’s time. This means not just trying to find ways of saving people’s time, but also being aware of how you’re imposing on their time.

Jesper Sørensen

Strategy is about managing uncertainty. That’s why you have to think about strategy as an argument, built on assumptions about how the uncertainty is going to resolve itself so you can accomplish your goals.

How to Get Beyond Talk of “Culture Change” and Make It Happen

Experts outline their roadmap for intentionally changing the culture of businesses, social networks, and beyond.

Chip Heath

It turns out that our brains are wired to critique situations. And so if we’ve got a global economic downturn and the salesforce has really been hit hard by this, we’ll tend to focus on the people that are doing the worst and try to coach them and help them out. What we don’t often do is look at the best people and steal their … [ Read more ]

Seven Myths of Corporate Governance

This paper examines seven commonly accepted myths about corporate governance. How can we expect managerial behavior and firm performance to improve, if practitioners continue to rely on myths rather than facts to guide their decisions?

Class Takeaways — The Human Factor

Five lessons in five minutes: Professor Szu-chi Huang on how humans make decisions and get motivated.

Baba Shiv

It is in the anticipation of success that success itself resides.