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How Innovative Companies Help Frontier Markets GrowFrom ๐บ๐ธ HBR IdeaCast, published at 2019-02-19 19:01
Efosa Ojomo, global prosperity lead at the Clayton Christensen Institute, argues that international aid is not the best way to develop poor countries, nor are investments in natural resource extraction, outsourced labor, or incremental improvements to existing offerings for established customer bases. Instead, entrepreneurs, investors, and global companies should focus on market-creating innovations. Just like Henry Ford in the United States a century ago, they should see opportunity in the struggles of frontier markets, target non-consumption, and create not just products and services but whole ecosystems around them, which then promote stability and economic growth. Ojomo is the co-author of the HBR article "Cracking Frontier Markets" and the book The Prosperity Paradox.
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How to Cope With a Mid-Career CrisisFrom ๐บ๐ธ HBR IdeaCast, published at 2019-02-12 14:30
Kieran Setiya, a philosophy professor at MIT, says many people experience a mid-career crisis. Some have regrets about paths not taken or serious professional missteps; others feel a sense of boredom or futility in their ongoing streams of work. The answer isn't always to find a new job or lobby for a promotion. Motivated by his own crisis, Setiya started looking for ways to cope and discovered several strategies that can help all of us shift our perspective on our careers and get out of the slump without jumping ship.
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Why Business Jargon Isnโt All BadFrom ๐บ๐ธ HBR IdeaCast, published at 2019-02-05 15:14
Anne Curzan, English professor at the University of Michigan, studies the evolution of language. While many of us roll our eyes at bizspeak โ from synergy to value-add to operationalize โ Curzan defends business jargon. She says the words we say around the office speak volumes about our organizations and our working relationships. She shares how to use jargon more deliberately, explains the origin of some annoying or amusing buzzwords, and discusses how English became the global business language and how that could change.
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Use Your Money to Buy Happier TimeFrom ๐บ๐ธ HBR IdeaCast, published at 2019-01-29 14:30
Ashley Whillans, professor at Harvard Business School, researches time-money trade-offs. She argues more people would be happier if they spent more of their hard-earned money to buy themselves out of negative experiences. Her research shows that paying to outsource housework or to enjoy a shorter commute can have an outsized impact on happiness and relationships. Whillans is the author of the HBR article โTime for Happiness.โ
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Creating Psychological Safety in the WorkplaceFrom ๐บ๐ธ HBR IdeaCast, published at 2019-01-22 14:30
Amy Edmondson, professor at Harvard Business School, first identified the concept of psychological safety in work teams in 1999. Since then, she has observed how companies with a trusting workplace perform better. Psychological safety isn't about being nice, she says. Itโs about giving candid feedback, openly admitting mistakes, and learning from each other. And she argues that kind of organizational culture is increasingly important in the modern economy. Edmondson is the author of the new book "The Fearless Organization: Creating Psychological Safety in the Workplace for Learning, Innovation, and Growth.โ
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How Retirement Changes Your IdentityFrom ๐บ๐ธ HBR IdeaCast, published at 2019-01-15 21:04
Teresa Amabile, professor at Harvard Business School, is approaching her own retirement by researching how ending your work career affects your sense of self. She says important psychological shifts take place leading up to, and during, retirement. That holds especially true for workers who identify strongly with their job and organization. Amabile and her fellow researchers have identified two main processes that retirees go through: life restructuring and identity bridging.
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The Harsh Reality of Innovative CompaniesFrom ๐บ๐ธ HBR IdeaCast, published at 2019-01-08 22:10
Gary Pisano, professor at Harvard Business School, studies innovation at companies large and small. He says thereโs too much focus on the positive, fun side of innovative cultures and too little understanding of the difficult truths behind sustained innovation. From candid feedback, to strong leadership, to individual accountability and competence, to disciplined choices, Pisano says leaders need to understand and communicate these realities. He's the author of the HBR article โThe Hard Truth About Innovative Culturesโ and the new book โCreative Construction: The DNA of Sustained Innovation.โ
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How One Google Engineer Turned Tragedy into a MoonshotFrom ๐บ๐ธ HBR IdeaCast, published at 2019-01-02 21:47
Mo Gawdat, founder of One Billion Happy and former Chief Business Officer at Google's X, spent years working in technological innovation. At Google's so-called "dream factory," he learned how to operationalize moonshot ventures aiming to solve some of the world's hardest problems. But then a personal tragedy โ the loss of his son โ set him on a new path. Gawdat launched a startup with the moonshot goal of helping one billion people find happiness. Gawdat is also the author of "Solve for Happy: Engineer Your Path to Joy."
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Improving Civility in the WorkplaceFrom ๐บ๐ธ HBR IdeaCast, published at 2018-12-26 14:30
Krista Tippett, host of "On Being," believes we are in the middle of a big shift in the workplace. For a long time, she says, we were taught to keep all of our personal opinions and problems out of the office โ even if that wasn't the reality. Now, as worker expectations change and people bring more of their authentic selves to work, Tippett says managers need to discover how to allow more honesty and emotions and humanity in the workplace, while still delivering in a high-performing environment.
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How One CEO Creates Joy at WorkFrom ๐บ๐ธ HBR IdeaCast, published at 2018-12-18 22:00
Richard Sheridan, CEO of Menlo Innovations, says it took him years to learn what really mattered at work and how to create that kind of workplace culture. As a company leader today, he works hard to make sure both his job โ and the jobs of his employees โ are joyful. That doesn't mean they are happy 100% of the time, he argues, but that they feel fulfilled by always putting the customer first. Sheridan is the author of "Chief Joy Officer: How Great Leaders Elevate Human Energy and Eliminate Fear."
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Why Itโs So Hard to Sell New ProductsFrom ๐บ๐ธ HBR IdeaCast, published at 2018-12-11 19:49
Thomas Steenburgh, a marketing professor at the University of Virginia Darden School of Business, was inspired by his early career at Xerox to discover why firms with stellar sales and R&D departments still struggle to sell new innovations. The answer, he finds, is that too many companies expect shiny new products to sell themselves. Steenburgh explains how crafting new sales processes, incentives, and training can overcome the obstacles inherent in selling new products. He's the coauthor, along with Michael Ahearne of the University of Houston's Sales Excellence Institute, of the HBR article "How to Sell New Products."
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The Right Way to Solve Complex Business ProblemsFrom ๐บ๐ธ HBR IdeaCast, published at 2018-12-04 21:07
Corey Phelps, a strategy professor at McGill University, says great problem solvers are hard to find. Even seasoned professionals at the highest levels of organizations regularly fail to identify the real problem and instead jump to exploring solutions. Phelps identifies the common traps and outlines a research-proven method to solve problems effectively. He's the coauthor of the book, "Cracked it! How to solve big problems and sell solutions like top strategy consultants."
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Speak Out SuccessfullyFrom ๐บ๐ธ HBR IdeaCast, published at 2018-11-27 19:54
James Detert, a professor at the University of Virginia Darden School of Business, studies acts of courage in the workplace. His most surprising finding? Most people describe everyday actions โ not big whistleblower scandals โ when they cite courageous (or gutless) acts theyโve seen coworkers and leaders take. Detert shares the proven behaviors of employees who succeed at speaking out and suffer fewer negative consequences for it. Heโs the author of the HBR article โCultivating Everyday Courage.โ
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How Your Identity Changes When You Change JobsFrom ๐บ๐ธ HBR IdeaCast, published at 2018-11-20 15:38
Herminia Ibarra, a professor at the London Business School, argues that job transitions โ even exciting ones that you've chosen โ can come with all kinds of unexpected emotions. Going from a job that is known and helped define your identity to a new position brings all kinds of challenges. Ibarra says that it's important to recognize how these changes are affecting you but to keep moving forward and even take the opportunity to reinvent yourself in your new role.
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Why Management History Needs to Reckon with SlaveryFrom ๐บ๐ธ HBR IdeaCast, published at 2018-11-13 22:46
Caitlin Rosenthal, assistant professor of history at UC Berkeley, argues there are strong parallels between the accounting practices used by slaveholders and modern business practices. While we know slavery's economic impact on the United States, Rosenthal says we need to look closer at the details โ down to accounting ledgers โ to truly understand what abolitionists and slaves were up against, and how those practices still influence business and management today. She's the author of the book, "Accounting for Slavery: Masters and Management."
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Avoiding Miscommunication In A Digital WorldFrom ๐บ๐ธ HBR IdeaCast, published at 2018-11-06 18:02
Nick Morgan, a communications expert and speaking coach, says that while email, texting, and Slack might seem like they make communication easier, they actually make things less efficient. When we are bombarded with too many messages a day, he argues, humans are likely to fill in the gaps with negative information or assume the worst about the intent of a coworker's email. He offers up a few tips and tricks for how we can bring the benefits of face-to-face communication back into the digital workplace. Morgan is the author of the book, "Can You Hear Me?: How to Connect with People in a Virtual World."
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Stop Initiative OverloadFrom ๐บ๐ธ HBR IdeaCast, published at 2018-10-30 16:50
Rose Hollister and Michael Watkins, consultants at Genesis Advisers, argue that many companies today are taking on too many initiatives. Each manager might have their own pet projects they want to focus on, but that trickles down to lower level workers dealing with more projects at a time that they can handle, or do well. This episode also offers practical tips for senior-level leaders to truly prioritize the best initiatives at their company โ or risk losing some of their top talent. Hollister and Watkins are the authors of the HBR article "Too Many Projects." with. They are the authors of "Athena Rising: How and Why Men Should Mentor Women.โ
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When Men Mentor WomenFrom ๐บ๐ธ HBR IdeaCast, published at 2018-10-23 21:58
David Smith, associate professor of sociology at the U.S. Naval War College, and Brad Johnson, professor of psychology at the United States Naval Academy, argue that it is vital for more men to mentor women in the workplace. In the post-#MeToo world, some men have shied away from cross-gender relationships at work. But Smith and Johnson say these relationships offer big gains to mentees, mentors, and organizations. They offer their advice on how men can be thoughtful allies to the women they work with. They are the authors of "Athena Rising: How and Why Men Should Mentor Women.โ
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John Kerry on Leadership, Compromise, and ChangeFrom ๐บ๐ธ HBR IdeaCast, published at 2018-10-16 19:21
John Kerry, former U.S. Secretary of State, shares management and leadership lessons from his long career in public service. He discusses how to win people over to your side, bounce back from defeats, and never give up on your long-term goals. He also calls on private sector CEOs to do more to solve social and political problems. Kerryโs new memoir is "Every Day Is Extra."
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The Power of CuriosityFrom ๐บ๐ธ HBR IdeaCast, published at 2018-10-09 21:40
Francesca Gino, a professor at Harvard Business School, shares a compelling business case for curiosity. Her research shows allowing employees to exercise their curiosity can lead to fewer conflicts and better outcomes. However, even managers who value inquisitive thinking often discourage curiosity in the workplace because they fear it's inefficient and unproductive. Gino offers several ways that leaders can instead model, cultivate, and even recruit for curiosity. Gino is the author of the HBR article "The Business Case for Curiosity."