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Family Portrait, Cornelis de Vos, 1631 (Source: Wikimedia Commons)

Surviving a Recession: Seven Lessons from Family Businesses

Idea posted: June 2014
  • Strategy
  • CSR & Governance
  • Innovation & Entrepreneurship

Family businesses tend to outperform companies with more dispersed ownership structures during economic downturns. Their ‘star’ quality is resilience — and it results from a set of strategic choices that put the long-term interests of the business first.

Idea #400
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The Money Lender and his Wife, Quentin Metsys, founder of the Antwerp school, 1514, The Louvre, Paris

When Financial Incentives Backfire

Idea posted: July 2013
  • CSR & Governance
  • Leadership & Change
  • Learning & Behaviour
Institutions: HEC Paris

Companies often rely on performance-based systems to reward their ‘smartest’ or most productive employees. But financial incentives can have unintended consequences. New research suggests that the smartest workers also tend to be the most skilled at playing performance-based systems for personal gain. Leaders need to look closely at the way they structure and design incentives — and reduce the risks of employees concentrating their efforts on activities that trigger rewards.

Idea #180
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Man standing with his back to a crowd

Conquering Racism by Taking Personal Responsibility

Idea posted: July 2013
  • CSR & Governance
  • Learning & Behaviour
Institutions: HEC Paris

Increased sensitivity to the problem of racism is not, it seems, being matched by a willingness to take personal responsibility for it. We tend to excuse our own prejudices by blaming them on cultural and social conditioning. If more progress is to be made in the fight against racism, we need to take a more rational approach — and acknowledge that the extent to which we endorse prejudices is within our control.

Idea #168
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Global Sales Teams and the Impact of National Culture

Idea posted: February 2013
  • CSR & Governance
  • Leadership & Change
  • Learning & Behaviour
  • Marketing
Institutions: HEC Paris

As international sales forces become more prevalent companies need to standardize their sales force management controls across national borders. This research looks at how the effectiveness of sales force control models is influenced by national culture, and how sales team managers need to understand and balance cultural influences that promote behaviour controls over outcome controls.

Idea #101
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