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Dark forest behind windows

When Growth Fails: Managing the Dark Side

Idea posted: January 2013
  • Strategy
  • CSR & Governance
  • Leadership & Change
Institutions: IESE Business School

Fast growing businesses are susceptible to failures. To sustain the enterprise executives must know how to manage the aftermath of an organizational failure. Specifically, the authors point to mindset shifts that can improve leadership in volatile environments. These include: collaborating with critics, making sure everyone is on the same page, and above all remaining grounded in a strong set of personal values.

Idea #030
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Man jumping cliff

Avoiding Flawed Decisions: A Finance Manager's Role

Idea posted: January 2013
  • CSR & Governance
  • Finance
  • Leadership & Change
  • Learning & Behaviour

Finance executives are particularly well-positioned to help organizations improve their decision-making and introduce more rational decisions-making processes. In particular they are in a position to help management teams learn to identify ‘red flags’ and adopt extra safeguards against them. 

Idea #037
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Adam Forepaugh and Sells, Circus Poster, 1899 (Source: Wikimedia Commons)

Ten Critical Skills for Tomorrow’s Workforce

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

Bearing in mind the number of changes or ‘disruptive forces’ which are radically affecting the current business environment and will impact workers and companies over the next decades, this Idea suggests 10 critical skills that every worker will require in the future, to ensure success in their careers and to contribute effectively as professionals.

Idea #045
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3:10 to Yuma, is a 2007 production directed by James Mangold produced by Cathy Konrad, starring Russell Crowe and Christian Bale, distributed by Lionsgate Films and Columbia Pictures

Leadership: Beyond the Western Model

Idea posted: January 2013
  • CSR & Governance
  • Leadership & Change
  • Learning & Behaviour
  • Marketing

Understanding and relying on traditional Western models of leadership alone is no longer sufficient in a world where most companies operate globally. Progressive organizations need to accommodate cultural differences and approaches to leadership. It is crucial that their managers learn to understand and adapt to this and work hard to acquire the competencies needed to prosper. 

Idea #055
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Signing the contract

Narcissistic CEOs – A Signature for Poor Performance

Idea posted: January 2013
  • CSR & Governance
  • Finance
  • Leadership & Change
  • Learning & Behaviour

Have you ever worked for a bit of a self-obsessed boss? You weren’t imagining it; corporate narcissism is an actual and not unusual phenomenon. It can even eventually diminish firm performance and is therefore something to look out for. Now, research suggests that the size of a CEO’s signature may give a clue as to how big their ego is. 

Idea #080
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 ENRON, 2010, Written by Lucy Prebble, Royal Court Theatre, London

Corporate Scandals: Causes and Cures

Idea posted: January 2013
  • CSR & Governance
  • Finance
  • Leadership & Change
  • Operations

US corporate scandals plagued the early 2000s, with Enron, Tyco, and WorldCom becoming notorious. The 2008 financial crisis bred Libor rate-fixing and other cases of serious misconduct. Loss-hiding at Japan’s Olympus Corporation was exposed in 2011. In 2013 Shell, BP, Statoil and others came under investigation by the EU Commission for supposed oil price rigging. Fined, sued, disgraced and sometimes collapsed the consequences for organizations can be dire. What preventive measures should be put in place to ensure organizations do not fall prey to such outcomes? 

Idea #085
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The intransigence of Captain De Chaumereys, the ultimate unethical leader, led to the wreck of the Medusa in 1816. Painting by Théodore Géricault, 1819, Musée du Louvre (Source: Wikimedia)

Ethical Leadership in a Crisis (and to Avoid Crises)

Idea posted: January 2013
  • CSR & Governance
  • Leadership & Change

No leader wants to wake up to discover a major disaster that their organization is responsible for has taken place. But crises can be unavoidable and this Idea considers the role of ethics in crisis management, and how an ethical corporate culture can help when disaster strikes. Using the 2010 BP oil spill as an example where ethics were not applied in crisis management, it also shows how applying ethics to management decisions can avoid disasters occurring in the first place.

Idea #092
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Sustainable People Policies for Sustainable Organizations

Idea posted: January 2013
  • Strategy
  • CSR & Governance
  • Operations

Are human sustainability policies any less vital for a 21st Century organization than environmental ones? While the surface effects may not be so obvious, the impact on society can be huge. As pace-setting companies and cultures re-optimise toward ‘higher order fundamentals’ like human prosperity; well-being, happiness, satisfaction – employee health becomes a crucial conversation to have.

Idea #010
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Mad Men, 2007 premiered on AMC, created and produced by Matthew Weiner, Lionsgate Television

Managers Who Undermine the Meaningfulness of Work

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

A sense of working toward something meaningful is absolutely central to our happiness and well-being. Sadly, many senior executives undermine their employees’ creativity and productivity by inadvertently denying them this meaning. There exist common traps which even the best-intentioned managers will fall foul of in this regard. A loss of meaningfulness in the work lives of employees has obvious long-term implications for the overall health of an organization. This Idea identifies those traps and shows how we can avoid them.

Idea #052
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Inspiring Indian Business Leaders’ Development

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

The most effective leadership development breakthroughs for business leaders in India come from events during their lives and on-the-job experiences; and not necessarily through classroom learning. This Idea explores that research-based notion, and the important role senior leaders have to play in becoming inspiring bosses and positive role models.

Idea #057
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Graphic of staff superimposed on a background of skyscrapers

Creating a High Integrity Corporate Culture

Idea posted: January 2013
  • CSR & Governance
  • Leadership & Change
  • Learning & Behaviour
Institutions: INSEAD

At what point do employees realize, if at all, that they are making an inappropriate decision? And what interventions are available to help ensure they make the right ones? When employees fail to act with a strong sense of integrity, there are conscious and unconscious factors at play. Leaders should be aware of these in order to create and sustain a corporate culture where doing the right thing becomes second nature.

Idea #058
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Driving Risk Appetite Higher or Lower: Penalties Vs Rewards

Idea posted: January 2013
  • CSR & Governance
  • Finance
  • Innovation & Entrepreneurship
  • Leadership & Change

‘Innovate or die’ we are told. What if an organization’s ability to innovate could be enhanced by managing risk-taking behaviour through monetary incentive schemes and through a culture that tolerates failure? In this Idea we identify the precise levers that shift risk appetite, and show how they can be tweaked to foster innovation.

Idea #059
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The Leopard, 1963, directed by Luchino Visconti, starring Burt Lancaster, Claudia Cardinale and Alan Delon, 20th Century Fox Pictures

Charisma or Miasma: Seduced by the Charismatic

  • CSR & Governance
  • Leadership & Change
  • Learning & Behaviour
Institutions: University of Florida

Charismatic CEOs come across as higher achievers, and charisma has often been thought of as a must when hiring CEOs, but a large number turn out to be overpaid and underperforming. Boards should measure performance over personality when hiring and compensating CEOs.

Idea #026
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