How a Corporate Mission Can Drive Young Workers Away
Sydney Finkelstein writes that companies must craft compelling mission statements, but avoid grandiose claims they can’t back up, for risk of alienating millennials.
Aug 23, 2017Sydney Finkelstein writes that companies must craft compelling mission statements, but avoid grandiose claims they can’t back up, for risk of alienating millennials.
Aug 23, 2017Eesha Sharma explains that one important factor shaping people’s decisions to incur debt is borrowing context, which often falls into two categories: “How to pay” decisions and “Whether to buy” decisions.
Aug 22, 2017“Expats have an important advantage in that they are not burdened by the past; they can come up with unique solutions,” says Vijay Govindarajan in an article about leadership changes at Infosys.
Aug 20, 2017"This type of turmoil creates uncertainty, and investors hate uncertainty," Sydney Finkelstein says of the challenges facing Uber. "This is also why venture capitalists are leading the battles here to figure out what to do and are pitted against each other because they know this thing could unravel."
Aug 20, 2017Vijay Govindarajan talks about President Trump’s recent clash with top CEOs. “American CEOs did the right thing by standing up against hatred, bigotry and racism,” he says.
Aug 17, 2017Kevin Keller opines on Hyatt Hotel’s latest advertisement which celebrates the chain’s history of inclusion. Keller says more brands are likely to push messages of unity in the coming months.
Aug 16, 2017Sydney Finkelstein says business leaders must weigh the risks of denouncing Trump or steering clear of controversy. "You can't just sit on the sidelines if you are a leader. That is an abdication of your responsibility."
Aug 15, 2017Quotes T’18s Stephiney Foley and Alen Amini regarding the upcoming Tesla case competition at Tuck. “Tesla is one of the most innovative and disruptive companies out there. We have already seen tremendous interest from the universities we have reached out to participate,” says Foley.
Aug 15, 2017Paul Argenti talks with NPR about CEOs that removed themselves from President Trump’s business council following the events in Charlottesville. Argenti explains that millennials are concerned about ethics and responsibility in ways previous generations haven’t been, and that CEOs need to heed that fact.
Aug 15, 2017Sydney Finkelstein pinpoints where former Google software engineer James Damore went wrong. “Was taking Google to task in the way Damore did ultimately a productive act? Did the memo recognize that successful managers look to widen talent pools, not restrict them? Did it appreciate that competitive advantage depends on people more than anything else? The answer, I would suggest, is a clear ‘no,” writes Finkelstein.
Aug 09, 2017Hans Brechbühl responds to survey findings of business and IT leaders that digitize physical products. Fewer than a quarter of respondents cited managing and securing customer data as a major challenge. Brechbühl says that could mean that companies don’t understand how big the issue is. “Who owns the data, and who has the right to do something with it—these are issues to resolve in addition to worrying about securing it.”
Aug 08, 2017Monique Alves T’17 and Emma He T’17 are featured on Poets & Quants “100 MBAs to Watch," a list originated from "Best & Brightest" nominations. Alves says that her favorite part about business school was learning about her classmates outside of the classroom over hockey games, small group dinners or while traveling. Emma He notes that her favorite course the was her Onsite Global Consulting project. "It gave me the opportunity to distill and contextualize all leadership lessons learnt in the classroom," she explains.
Aug 08, 2017Leadership lessons from Gail Goodman T'87, a small business advocate, one of which is to "keep innovating." Goodman explains, "It actually starts with making sure everyone knows they're paid to think and to innovate. It all starts with an attitude: what else cool can we do?"
Aug 07, 2017Cites comments by Kenneth French made during a recent Freakonomics podcast about Main Street investors losing money by purchasing actively managed funds. "The notion that we can all get rich by trading actively just doesn’t make any sense whatsoever," says French.
Aug 07, 2017Quotes Paul Argenti in an article about Monsanto’s efforts to marshal scientists in defense of its product and combat research at odds with its own. “The unfortunate reality is that if you are sponsoring research, you are immediately creating credibility problems,” Argenti says.
Aug 07, 2017Eesha Sharma discusses FOMO and borrowing to fund experiences, a focus of her recent research. "What’s really interesting is what kind of psychological process is contributing to this effect," says Sharma. "As you begin to think about an experience more and more, you think about the time, the place. The experience gets conceptualized by these contextual factors that make it really challenging to say, 'I can let go. I can pass this up.”
Jul 31, 2017John Fyfe Marshall T’92 argues for business leaders to remain curious. "To thrive in a time of change, the curiosity trait is moving from anomaly to necessity. Leaders will need to shift their perspective and understand that the fundamental — in fact, the only — role of every business is not as a process to be managed or a product to be produced, but rather as a ceaseless problem-solving machine. For leaders with relentless curiosity, the opportunities are boundless," writes Marshall.
Jul 31, 2017Kenneth French discusses stock picking and the revolution in low-cost index investing. “The notion that we can all get rich by trading actively just doesn’t make any sense whatsoever. Every time somebody wins, somebody loses even more,” French says. He agrees that the growing appetite for index funds does seem to have picked up speed.
Jul 27, 2017