Ian Davis

Ian Davis, managing director of the global management consulting firm McKinsey & Co., in a wide-ranging View from the Top lecture sponsored by the Stanford Graduate School of Business.

Study Failures Too

If you want to learn the secrets of success, it seems perfectly reasonable to study successful people and organizations. But the research of Jerker Denrell, an assistant professor of organizational behavior, suggests that studying successes without also looking at failures tends to create a misleading-if not entirely wrong-picture of what it takes to succeed.

Richard Kovacevich

Managers rely on systems, leaders rely on people. Managers work on getting things right, leaders work on the right things. The answer to every problem, choice, or opportunity in our company is known to someone or some team in the company. The leader only has to find that person, listen, and help them effect the change.

Jack Welch

The day you become a leader, it becomes about them. Your job is to walk around with a can of water in one hand and a can of fertilizer in the other hand. Think of your team as seeds and try to build a garden. It’s about building these people.

Harold J. Leavitt

Not all societies weave achievement stories into their cultural fabric, but in modern-day democracies most of us are taught to want to climb. Hierarchies provide brightly illuminated ladders that are quite consistent with our meritocratic parable: “Work hard, young person, and no matter your origin or pedigree, you too can reach the top.” That story remains largely true. Hard and good work really does help … [ Read more ]

Cultural Lenses Change Business Focus

How can firms understand and appreciate culture without overemphasizing or stereotyping it? Research conducted by Business School faculty members Michael Morris and Itamar Simonson shed new light on this question and uncover how traditional ways of studying cultural influence have led to misconceptions among management and marketing researchers.

Larry Page

In this video clip, Larry Page, co-founder of Google, offers ideas for entrepreneurs.

Block by Block

During an economic downturn, Cemex, the world’s second-largest cement maker, decided to try to sell more products to Mexico’s poor. Almost by accident, the company discovered a global model for developing previously overlooked markets.

Andy Grove

At Intel, we see five stages for dealing with a new problem: First, you ignore its existence; second is denial; third, you blame others for it; fourth, you assume responsibility for it; and fifth-a solution is coming.

Steve Jobs

This is the text of the Commencement address by Steve Jobs, CEO of Apple Computer and of Pixar Animation Studios, delivered on June 12, 2005 at Stanford University.

The Psychology of Product Release

If you’ve ever agonized over whether it’s the right time to replace an old gadget with a spiffy new model-knowing that the new one may well become obsolete in a few months-you probably have an inkling of the kinds of decisions high-tech marketers must make in planning their products. And if you’re marketing such products yourself, you probably have puzzled over when to time each … [ Read more ]

Steve Jobs

Remembering that I’ll be dead soon is the most important tool I’ve ever encountered to help me make the big choices in life. Because almost everything – all external expectations, all pride, all fear of embarrassment or failure – these things just fall away in the face of death, leaving only what is truly important. Remembering that you are going to die is the best … [ Read more ]

Toting Up Stock Options

Public companies have been criticized for granting stock options to employees without adding chits to the corporate expense pile. As regulators and some shareholders argue for new rules, Stanford Business School researchers Jeremy Bulow and John Shoven try to follow the money-and the logic.

John Browne

No matter how quickly-or how dramatically-a company’s competitive environment might change over time, it must hold two things constant: its sense of purpose and its commitment to creating “mutual advantage” for stakeholders. According to John Browne, group CEO of global energy giant BP, an unwavering focus on these objectives enables organizations to adapt to their competitive landscape-and in turn sustain shareholder value. Watch a video … [ Read more ]

Steve Ballmer

Microsoft CEO gives presentation at Stanford Business School – see bottom of article for link to full video

CEO Skill and Excessive Pay: A Breakdown in Corporate Governance?

A high salary doesn’t necessarily mean that a CEO is more competent than his or her peers, say researchers. And the pattern of job effectiveness not matching pay levels seems to affect more CEOs of large firms than small ones.

Jack Welch

Jack Welch talked with Stanford Dean Robert Joss on April 27 – use the link at the bottom of the article to view the 1 hour video

Furnish for Success

It’s pretty obvious that you can tell lot about a person from the way she outfits her home or office. But what you may not know is that your own behavior can be subtly influenced by her choice of items when you’re in that space-without your even realizing it. In studying this effect, Christian Wheeler, assistant professor of marketing, has found that certain types of … [ Read more ]

Weighted Averages Help Transfer Pricing

How should companies price goods that they ship between their own divisions or related companies?

Internationally, that quandary confronts the producers of nearly half of all U.S. imported goods, a third of all U.S. exports, and a huge proportion of global trade elsewhere. By definition these aren’t arms-length deals in an open marketplace, and they raise tough questions. What price, for instance, might Ford of Germany … [ Read more ]

Admitting Missteps May Boost Stock Prices

Corporations that accept responsibility for a bad financial year rather than blame external forces may see rewards from the stock market, according to recent research from Stanford professor Larissa Tiedens and her former colleagues at the University of Michigan.