On today’s (June 13th) Marketplace broadcast, Marielle Segarra and Rita McGrath (with other experts) explore what happens when a small, born-digital, hip brand, like Harry’s, gets bought out by The Man. Harry’s was acquired for a cool $1.37 billion, 9 years into it’s rebellious, anti-big shave, existence. Going to market with a message that basically said to guys, “you don’t need … Continued
As Amy Edmondson of Harvard Business School explained in her book, “The Fearless Organisation”, the ideal is to create an atmosphere of “psychological safety” where workers can speak their minds. Managers need to learn the art of “respectful inquiry”, where they ask employees questions and listen intently to the answers. The bosses at Amnesty may … Continued
Most corporate leaders understand that businesses have a key role to play in tackling urgent challenges such as climate change. But many of them also believe that pursuing a sustainability agenda runs counter to the wishes of their shareholders. Sure, some heads of large investment firms say they care about sustainability, but in practice, investors, … Continued
Previously I have written about the importance of the healthcare, resource transformation, food and beverage, consumption, extractives & minerals processing, and the renewables and alternative energy sectors to the 17 Sustainable Development Goals (SDGs). The underlying data for that blog are based on a paper “The Relationship Between Investor Materiality and the Sustainable Development Goals: A Methodological Framework” that I wrote with Professors Gianni … Continued
In Amy Edmondson’s 2012 book Teaming, she wrote: “(T)he knowledge economy only works well when it restores workers on all levels to self-respecting, self-determining adulthood… Today, people engaging in teaming at work need to be responsible, accountable individuals who respect each other, understand the inevitability of conflict, and accept the responsibility to sort through such difficulties. … Continued
Companies often don’t realize how much they pay for lost time and productivity from unhealthy workplace dynamics. But there are ways to lower the stress level. By :Jeffrey Pfeffer
Every workplace environment has its pros and cons, but there’s a fear lurking in the professional world which can become detrimental to overall company performance. Amy Edmonson, Harvard professor and author of “The Fearless Organization: Creating Psychological Safety in the Workplace for Learning, Innovation, and Growth,” says that the fear of speaking up can stifle … Continued
After the great success of the 2018 Global Forum, hosted by the University of Vermont and led by professors Sanjay Sharma and Stuart Hart, we are proud to announce the 2019 Global Forum.
In this edition of Columbia Bizcast, McGrath explains why gaining a competitive advantage is no longer relevant in today’s marketplace.
Plans for a summit to develop a vision for Cleveland’s future got underway on Thursday, Dec. 13, with a working session that David Cooperrider, a professor at the Weatherhead School of Management at Case Western Reserve University, called a “cooperative and inclusive effort to help build trust and develop a shared vision for Cleveland’s future.”
In recent weeks, we’ve seen how concentrated power and a lack of diverse perspectives on corporate boards can cause systemic blind spots in organizations and lead them into avoidable crises.
With the US midterm elections just in the rear view mirror, domestic political activism and social consciousness are not surprisingly at peak levels.. Individuals are obviously energized, but so are companies. For instance, more than 135 employers including Cava, Walmart, Levi Strauss & Co, Tyson Foods, and Patagonia, have launched campaigns to promote civic engagement … Continued
As more and more consultants, managers, and other observers of organizational life are talking about psychological safety, the risk of misunderstanding what the concept is all about has intensified. Here are some common misconceptions, along with clarifications.
Amy Edmondson describes three steps leaders can take to create psychological safety, the prerequisite for greater innovation and growth.
Coca-Cola Chairman Muhtar Kent shared his views on sustainable innovation and business transformation in a keynote speech to the International Academy of Management (IAM) Global Forum at the University of Vermont’s Grossman School of Business.
We would like to thank Sanjay Sharma and, of course, the University of Vermont for this successful and stimulating meeting. They were, without a doubt, great hosts. Also, thanks to Stuart Hart and Paul Laudicina who, together with Sanjay, worked tirelessly to make this an unforgettable meeting. We leave some of the images of the … Continued
Sanjay Sharma, dean of the University of Vermont’s Grossman School of Business, has been named the 2018 Fetner Sustainable Enterprise Fellow.
Years ago, Theodore Levitt, a marketing professor at the Harvard Business School, published a popular article entitled “Marketing Myopia.” Many people in business today, despite not having read the article, subscribe to the idea. It is that companies should define themselves in terms of broad industry perspective rather than narrow product position. To take Levitt’s … Continued
Amy Edmondson, a professor in leadership and management at Harvard Business School, has studied three different kinds of failures: preventable failure, complex failure and intelligent failure.
Imagine working for a company with no bosses. On your first day, you are given a handbook for new employees. This will be “the greatest professional experience of your life”, you read.