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A Meeting of the School Trustees, Robert Harris, 1885 (Courtesy: National Gallery of Canada) 

Corporate Governance: The Power of Outside Directors on CEO-Only Boards

Idea posted: April 2015
  • Strategy
  • CSR & Governance
  • Leadership & Change

Once packed with company insiders, corporate boards are filling up with outside directors, theoretically resulting in greater independent oversight. New research shows, however, that paradoxically having the CEO as the only insider on the board actually enhances the CEO’s power and undermines outside oversight.

Idea #506
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Promotion Vs Compensation: Managing Employee Careers to Benefit the Organization

Idea posted: March 2015
  • Strategy
  • CSR & Governance
  • Leadership & Change
  • Learning & Behaviour

The best companies recognize that personnel policies are interdependent. The decision to promote worthy individuals, for example, cannot be made in a vacuum. Is there room for more managers at the next level? A new mathematical model reveals how decisions on hiring, demoting, promoting, retaining and compensating employees must take into account factors such as the organizational chart and firm size.

Idea #501
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What Your Company Can Learn from Supercompetitors

Idea posted: October 2014
  • Strategy
  • Finance
  • Operations

Competitive strategy is no longer about assets, positions and economies of scale. Supercompetitors such as IKEA or Amazon build on distinctive capabilities that are scalable and relevant to offer one single powerful value proposition that transforms their industries.

Idea #445
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St Nicholas saves a storm-tossed ship, Gentile da Fabriano (c. 1425)

Is Your Supply Chain Prepared for the Unexpected?

Idea posted: July 2014
  • Strategy
  • Operations

Supply chain management is a delicate balancing act in these unpredictable times – on the one hand, there is pressure to keep the supply chain as cost efficient as possible, while on the other, it needs to be flexible and resilient in the face of unforeseen events. How do leaders proactively manage the risk of disruption?

Idea #414
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The Unexpected Impact of Click and Collect Retail Programs

Idea posted: June 2014
  • Strategy
  • Marketing
  • Operations

When retailers started offering the ‘buy-online, pickup-in-store’ option, also known as BOPS, the assumption would be that online sales would increase. New research shows, however, that BOPS actually reduces online sales while increasing offline sales — a surprising but positive result.

Idea #527
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Klaus Kinski in Fitzcarraldo,1982, written and directed by Werner Herzog, winner or the Best Director award at the 1982 Cannes film festival

Working Abroad: The Value of Experience

Idea posted: September 2013
  • Strategy
  • CSR & Governance
  • Marketing
  • Operations

Intuitively, experience reduces the chance of failure. An experienced manager will make fewer mistakes than the inexperienced manager. The same logic can be applied to international business activity: companies experienced in foreign markets are going to fail less frequently than companies without foreign experience.

New research shows, however, that this assumption is too simple. Previous experience in a foreign market helps if the company returns to that market. It also helps if the company ventures into a different foreign market, but only, the research shows, as long as the

Idea #205
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Andy Murray, 2012 Olympics Gold Medalist (Source: Wikimedia)

Understanding High-Stakes High-Performers

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

How leaders perform when the stakes are very high or when they confront unusually high pressure depends on similar ‘critical abilities’ to the tennis players. Using data from the US Open professional tennis tournament, ‘critical abilities under pressure’ are examined to demonstrate that - what we might also refer to as ‘courage under fire’ - has a major impact on a player’s career success. Applied to the world of business this research helps us understand how leaders are likely to perform when the stakes are very high.

Idea #033
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