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Grand Parade (mosaic) Fernand Léger, 1958, National Gallery of Victoria

Meritocracy at Work: Well-Intention Systems Can Cause the Reverse

Idea posted: August 2016
  • Leadership & Change
  • Learning & Behaviour

If managers believe, because of formal performance evaluation and compensation systems, that their organization is meritocratic, they are ironically more likely to engage in less meritocratic behaviour. Researcher Emilio J. Castilla of MIT’s Sloan School of management calls this “the paradox of meritocracy.”

Idea #620
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Markdown Vs Everyday-Low-Prices: The Impact of Regret and Availability Misperceptions

Idea posted: October 2014
  • Strategy
  • Learning & Behaviour
  • Marketing

The behavioural motives of consumers — such as regret over buying too soon or too late and misperceptions about the product’s future availability — should be considered as companies develop their optimal pricing and inventory strategies.

Idea #453
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The German delegation at the Treaty of Versailles, 1919 (Source: Wikimedia Commons)

Conducting Better Meetings - Can Data Help?

Idea posted: July 2013
  • Leadership & Change
  • Learning & Behaviour

The science of meetings — which includes collecting sophisticated data that analyzes meetings word-by-word and phrase-by-phrase — is still in its infancy. Researchers from MIT, however, used an available database with a myriad of data to reach some tentative conclusions about different facets of meetings, from calculating average ‘wrap-up’ times once a decision is reached to identifying the most persuasive words used in meetings. They were even able to use language analysis to identify when participants in a meeting were about to make a decision

Idea #182
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Last Call for Social Media Sceptics

Idea posted: January 2013
  • Innovation & Entrepreneurship
  • Leadership & Change
  • Learning & Behaviour
  • Marketing

Social media sceptics have all but scurried back into the woodwork. The game is up and the die cast: social media is here to stay. Each week the ‘fad’ seems to blow open a new way of doing things in a different industry; democratizing our flow of ideas even further. The scope of opportunity for science, art, and business here – seems infinite. But what role can leadership play to facilitate those opportunities and create value for their organizations?

Idea #062
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