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How to Create Shared Value for the Firm and Society

Idea posted: August 2017
  • CSR & Governance

The new Creating Shared Value (CSV) mandate that calls for business to focus on both making profits and helping society is criticized as naïve wishful thinking. The interface of business and society is not always win-win. An international team of academics answers the critics with a CSV+ framework that covers all situations — even the win-lose or lose-win ones.

Idea #663
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FAEF conference room, Fairport, NY (Source: Wikimedia Commons)

Supervising Projects Despite Limited Time and Expertise

Idea posted: June 2017
  • Strategy
  • Leadership & Change

Time and expertise limitations can cause steering committees (SCs) in charge of major and complex strategic projects to make errors in judgement and decision-making. The result: such common but serious problems as being late and over-budget. Proactive steps and awareness can help SCs avoid the traps.

Idea #661
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Early morning water circuit training session at Pope Army Airfield, N.C., 2015 (Source: Wikimedia Commons)

Psychology-based Training Incentives Motivates Workers

Idea posted: April 2015
  • Learning & Behaviour

A one-time financial incentive based on proven psychological techniques can motivate employees to voluntarily make a commitment to long-term training, new research shows. 

Idea #510
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How to Build Brand Equity Through Employee Engagement

Idea posted: December 2014
  • Finance
  • Learning & Behaviour
  • Marketing

From the friendly retail clerk helping a customer to the highly paid consultant who delivers groundbreaking solutions to the business unit, employees can directly impact a company’s brand equity. Therefore, any employee-related policy or resource decision — from training to lay-offs — is in effect a branding issue. 

Idea #466
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The Hare and the Tortoise, The Fables of Aesop, Thomas Bewick (1753-1828), Source: The Bewick Society

Advantages of Confidence and Dangers of Overconfidence

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

Confidence can be a useful quality for leaders to demonstrate when they wish to gain stature, credibility and influence. But what happens when a leader acts overconfidently? The past is overpopulated with overconfident leaders who have led their companies to disaster. Finding the balance between leveraging the benefits of acting confidently and avoiding the dangers of overconfidence is crucial. This Idea explores how to do so.

Idea #118
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Flattened Organizations: When Cons Outweigh Pros

Idea posted: February 2013
  • Strategy
  • Leadership & Change
  • Learning & Behaviour
  • Operations

When an organization is ‘flat’ employees report directly to senior managers; but as management layers increase, so too does the hierarchical gap between employees the CEO and the C-suite, leading to decision-making being focused at the top of the organization. So should firms eliminate these layers in order to shift more decision-making powers downwards? Well, this Idea shows that this may in fact achieve the opposite. Flattening can lead to more control at the top. 

Idea #083
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Chief Information Officers: Secrets to Success

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

A valuable learning tool for CIOs, this Idea draws upon the successes and experiences of 14 extraordinary Chief Information Officers from organizations including FedEx, Cisco, Time Warner and the US Department of Defence. Cross-referencing both personal characteristics and environmental factors universal to all 14 we can define and determine the skills needed to excel in this role.

Idea #069
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