Kentaro Toyama

Powerful technologies will work in exactly the direction we point them in. Almost paradoxically, as more technology becomes available, human judgment and wisdom matter more.

Kentaro Toyama on Why Technology Alone Won’t Change the World

The University of Michigan professor believes that to solve human problems, human skill is needed more urgently than ever before.

Daniel Gross

The labor market isn’t like the stock market, where buyers and sellers meet and conduct deals instantaneously with the stroke of a key. In fact, the labor market is in many ways remarkably inefficient. And people and institutions often can’t move fast enough — or may lack or lose the potential to move — to fill open positions.

How Emerging Markets Can Finally Arrive

Throughout much of human history, economic output was firmly yoked to the size of a country’s labor force. Because productivity growth was negligible, the countries with the largest populations, such as China and India, could put the most people to work. They reigned as the world’s largest economies. Things changed suddenly during the late 1700s. A number of economic, institutional, and other factors coalesced in … [ Read more ]

The $112 Billion CEO Succession Problem

Poor planning for changes in leadership costs companies dearly. Getting it right is worth more than you might think.

Be Your Own Activist Investor

With these 10 principles for rethinking cost management, you can maximize value and avoid threats from Wall Street.

Daniel Gross

Markets on the whole may be efficient, but the U.S. doesn’t just have one labor, housing, or office market. There are hundreds of labor and housing markets, and thousands of submarkets. And they are full of imbalances, shortages, gluts, and other inefficiencies.

10 Principles of Organization Design

A 2014 Strategy& survey found that 42 percent of executives felt that their organization was not aligned with the strategy, and that parts of the organization resisted it or didn’t understand it. If that’s a familiar problem in your company, the principles in this article can help you develop an organization design that supports your most distinctive capabilities and supports your strategy more effectively.

These 10 … [ Read more ]

Daniel Gross

By many measures, the labor market has never been better, with historically low unemployment rates and historically high levels of payroll jobs and job openings. So one service worker might be reasonably optimistic about finding a better position at better wages. And yet anxiety and economic insecurity remains rampant — in part because an increasing number of people rightly fear that their work could one … [ Read more ]

George E.L. Barbee

I have found that the best way to stretch yourself creatively as a leader is by collecting “nuggets”: short, accessible reminders of what you probably already know but may have forgotten to put into practice. The best nuggets are easy to grasp and to communicate, meaty enough to lead you to pause and reflect, and open-ended enough that you can think of ways to apply … [ Read more ]

Is Your Company’s Diversity Training Making You More Biased?

Although diversity and inclusion training is prevalent in corporate America, its impact is inconsistent. According to the evidence, sometimes the programs even have the opposite effect of what they intend. One 2016 study of 830 mandatory diversity training programs found that they often triggered a strong backlash against the ideas they promoted. “Trainers tell us that people often respond to compulsory courses with anger and … [ Read more ]

Art Kleiner

You may indeed have gone into business in the first place because the subject of finance is relatively clean and clear; it doesn’t have the messy ambiguities of, say, psychology or literature. Such preferences don’t matter. You will end up distinguishing yourself (or not) on your ability not just to work with others, but to inspire them, draw insight from them, observe them accurately, and … [ Read more ]

Art Kleiner

Any decision made in business is a bet about the way the world works. And until you understand the theory you’re betting on, you can’t really test the decision or improve it.

Where Are All the Women?

You want to hire women. And women want to be hired. So what’s the problem? You need to change your game plan and make your rules more flexible. Here’s how to get started.

How to Accelerate Learning on Your Team

As Peter Senge wrote in The Fifth Discipline (Doubleday Business, 1990), a learning organization is one in which “people continually expand their capacity to create results they truly desire.” When we view learning in this broader sense, we build feedback right into the system as an integral part of the work. If you want to accelerate learning on your team, first engage them in a … [ Read more ]

Jesse Sostrin

As an effective leader, it’s […] imperative to act as your team’s capacity keeper, or the shepherd of the time, energy, resources, and focus that your employees have to devote to their essential work. We do this to avoid what I call the manager’s dilemma, the phenomenon that occurs when the gap between the demands you face and the resources you have available to meet … [ Read more ]

Us versus Them: Reframing Resistance to Change

Anyone attempting to lead change in an organization knows to expect some resistance. Change is not a rational process; no matter how positive the future you are creating, it’s natural for humans to struggle with it. Faced with negative remarks, critical questions, or stony silence, change champions naturally begin to interact more with those already on board, consciously or unconsciously distancing themselves from those who … [ Read more ]

Female CEOs: A Steady Hand at the Wheel

Bottom Line: The number of women presiding over large companies still lags far behind men, yet the firms they lead tend to be more risk averse and more profitable over the long term.

Your People’s Brains Need Face Time

A look at the value of in-person meetings for dispersed teams.

Four Business Models for the Digital Age

Digitization, which is of course happening all around us, is opening up a whole new spectrum of opportunities to create value. But how do you navigate this new horizontal world?