Search Fund Primer
For those contemplating pursuing a search fund, or investing in one, the CES has created a practical guide to answer the most frequently asked questions. The Primer aims to provide an unbiased view of the benefits and challenges, explains the model from the entrepreneurs’ and investors’ perspective, and gives many operational and execution tips from previous search fund entrepreneurs.
Content: Article | Source: Stanford University | Subject: Entrepreneurship
Executive Stock Options Boost Company Performance But Options to Rank-and-File Workers Show Minimal Effect
Stock options have a positive effect on firm performance when they are granted to executives, but giving options to lower-ranking employees seems to have no effect on the bottom line according to a new study.
Content: Article | Authors: Nicole Bastian Johnson, Ron Kasznik | Sources: Stanford University, University of California Berkeley | Subjects: Corporate Governance, Human Resources, Organizational Behavior
Don’t Be Too Specialized If You Want a Top Level Management Job
Generalists, men and women who have amassed experience with a broad spectrum of management areas, stand a better chance of making it to top management positions than those with more specialized resumes.
Content: Article | Author: Edward Lazear | Source: Stanford University | Subject: Career
The Art of Teaching Entrepreneurship and Innovation
Stanford Technology Ventures Program’s Executive Director Tina Seelig shares rich insights in creative thinking and the entrepreneurial mindset. Her talk, based on her 2009 book, What I Wish I Knew When I Was 20, cites numerous classroom successes of applied problem-solving and the lessons of failure.
Content: Multimedia Content | Author: Tina Seelig | Source: Stanford University | Subject: Entrepreneurship
Sucker to Saint and Other Views of Our Moral Behavior
Lofty principles matter much less than we think in determining our moral behavior says Professor Benoît Monin. We’re more likely to be guided by whether we feel we are a good or bad person or whether we feel others around us are good or bad.
Content: Article | Author: Benoît Monin | Source: Stanford University | Subject: Organizational Behavior
Social Pressures Affect Corporate Strategy and Performance
Social pressure plays a major role in determining corporate strategy and performance according to an award-winning paper coauthored by Professor David Baron. The researchers find that social pressure and social performance reinforce each other, greater social pressure is associated with lower financial performance, and financial and social performance are largely unrelated.
Content: Article | Source: Stanford University | Subject: Social Responsibility (ESG)
Is “Thinking” or “Feeling” More Persuasive?
Identical messages can have different impacts depending on whether they are couched as “I think” or “I feel,” says Stanford Graduate School of Business Marketing Professor Zakary Tormala.
Content: Article | Author: Zakary Tormala | Source: Stanford University | Subject: Organizational Behavior
Seeking Common Ground in Conversations Can Stifle Innovation and Reward the Wrong People
he best baseball players don’t always get elected All-Stars. And the Nobel Prize doesn’t always go to the most deserving member of the scientific community. This, according to a pair of recent studies, is because such recognition can depend upon how well known an individual is rather than on merit alone. Moreover, because it’s human nature for people to try to find common ground when … [ Read more ]
Content: Article | Authors: Chip Heath, George Wu, Nathanael J. Fast | Source: Stanford University | Subject: Organizational Behavior
The Hidden Costs of Cause Marketing
From pink ribbons to Product Red, cause marketing adroitly serves two masters, earning profits for corporations while raising funds for charities. Yet the short-term benefits of cause marketing—also known as consumption philanthropy—belie its long-term costs. These hidden costs include individualizing solutions to collective problems; replacing virtuous action with mindless buying; and hiding how markets create many social problems in the first place. Consumption philanthropy is … [ Read more ]
Content: Article | Author: Angela M. Eikenberry | Source: Stanford University | Subjects: Marketing / Sales, Social Responsibility (ESG)
Best Practices for Conducting a Search: Panel Discussion
Search fund entrepreneurs and investors discuss how to conduct a search to maximize the probability of finding and closing an attractive acquisition. Panelists are Rafael Somoza (MBA ’96), Robert Befidi, Jim Southern and Rich Kelley (MBA ’89). Moderated by David Dodson (MBA ’87), Lecturer for Entrepreneurship Through Acquisition.
Content: Related Content | Sources: Stanford University, YouTube | Subject: Entrepreneurship
How To Tell A Story (A)
Stories are all around us. Stories move us, make us feel alive, inspire us to be more than we would be otherwise. Our appetite for stories is a reflection of the basic human need to understand patterns of life — not merely as an intellectual exercise but as a personal, emotional experience. Learning how to tell a story cannot guarantee the reaching of Truth, but … [ Read more ]
Content: Case Study | Author: Jennifer L. Aaker | Source: Stanford University | Subject: Personal Development
Diverse Backgrounds and Personalities Can Strengthen Groups
Groups with diverse functional expertise, education, or personality can increase performance by enhancing creativity or group problem-solving. In contrast, more visible diversity, such as race, gender, or age, can have negative effects unless it’s managed properly, says Stanford Business School Professor Margaret Neale.
Content: Article | Author: Margaret Neale | Source: Stanford University | Subject: Organizational Behavior
Better Decisions Through Teamwork
The U.S. Supreme Court benefits from differences of opinions among the justices. Research that included studying how teams make decisions says when a narrow majority exists, pressure of the minority forces the majority to think with more complexity and to consider diverse evidence, says Stanford Business School Professor Deborah Gruenfeld.
Content: Article | Author: Deborah H. Gruenfeld | Source: Stanford University | Subject: Organizational Behavior
Does Consumer Happiness = Time or Money Spent?
Advertising that focuses on how customers experience the product produces better results than focusing on money. “Because a person’s experience with a product tends to foster feelings of personal connection with it, referring to time typically leads to more favorable attitudes — and to more purchases,” says Professor Jennifer Aaker, one of the authors of a recent study.
Content: Article | Authors: Cassie Mogilner, Jennifer Aaker | Source: Stanford University | Subject: Marketing / Sales
The Thought of Acquiring Power Motivates People to Act
A study from the Stanford Graduate School of Business about what motivates people to take action finds that the prime mover, say researchers, is acquiring a position of power. Specifically, it is people’s new, more elevated perception of themselves after assuming a position with more power that inspires them to take more risks and pursue goals more confidently. Taking on a formal position of power—be … [ Read more ]
Content: Article | Authors: Adam Galinsky, Deborah H. Gruenfeld, Nathanael J. Fast, Niro Sivanathan | Source: Stanford University | Subject: Organizational Behavior
How Good Are Commercial Corporate Governance Ratings?
A study by Stanford law and business faculty members casts strong doubt on the value and validity of the ratings of governance advisory firms that compile indexes to evaluate the effectiveness of a publicly held company’s governance practices. “Everyone would agree that corporate governance is a good thing,” said Business School Professor David Larcker, “but can you measure it without even talking to the companies … [ Read more ]
Content: Article | Authors: David Larcker, Ian Gow, Robert Daines | Source: Stanford University | Subject: Corporate Governance
Challenging Work and Corporate Responsibility Will Lure MBA Grads
A survey of 759 graduating MBAs at 11 top business schools reveals that the future business leaders rank corporate social responsibility high on their list of values, and they are willing to sacrifice a significant part of their salaries to find an employer whose thinking is in sync with their own.
Content: Prospective MBA Content | Authors: Catherine A. Ramus, David Montgomery | Source: Stanford University | Subject: Miscellaneous MBA-related Resources
Want (Your Product) to Look Good? Follow Something that Looks Bad
In marketing, context can be as critical as content. Recent research by Zakary Tormala and others finds that messages are perceived as more powerful when they are preceded by different messages that appear to have less substance or to be authored by someone with lesser credibility
Content: Article | Authors: Joshua Clarkson, Richard Petty, Zakary Tormala | Source: Stanford University | Subject: Market/Investment
Emotional Stimuli Can Influence Financial Risk-Raking
Can a picture of a pretty woman actually boost sales for a car—or a motorcycle? According to a recent study, erotic images can stimulate a portion of the brain in heterosexual males that is associated with anticipation of reward.
Content: Article | Author: Brian Knutson | Source: Stanford University | Subjects: Advertising, Marketing / Sales, Organizational Behavior
A Firsthand Look at Search Funds
Search funds allow an aspiring entrepreneur to raise money to fund them while they look for a company to buy. Four experienced entrepreneurs offer firsthand view of search funds. [Video 1hr:14]
Content: Multimedia Content | Source: Stanford University | Subjects: Entrepreneurship, Finance
