Podcasts about strategic management journal

  • 40PODCASTS
  • 85EPISODES
  • 34mAVG DURATION
  • 1MONTHLY NEW EPISODE
  • Mar 26, 2025LATEST

POPULARITY

20172018201920202021202220232024


Best podcasts about strategic management journal

Latest podcast episodes about strategic management journal

Talking about Platforms
The Platform Revolution with Geoffrey G. Parker

Talking about Platforms

Play Episode Listen Later Mar 26, 2025 48:22


Wed, 26 Mar 2025 06:30:00 +0000 https://tap.podigee.io/56-geoff-parker 2aa9fbbaaced69fcaf4e8ac898a1f6ea Guest: Geoffrey (Geoff) G. Parker Bio: Geoff Parker is a professor of engineering at the Thayer School at Dartmouth College and the faculty director at the Irving Institute for Energy and Society. He was awarded the Thinkers50 digital thinking award for his work on two-sided markets and the inverted firm. He is the co-author of the influential book Platform Revolution. He received his doctorate from MIT, where he was a doctoral student alongside Marshall Van Alstyne. Summary: In this episode, Geoff, a leading expert in platform research and co-author of Platform Revolution, discusses the origins of his work on platforms, the evolution of platform business models, and the ongoing relevance of platform thinking in today's dynamic technological and regulatory landscape. The conversation traces the journey from early observations of free online services and the formalization of two-sided markets to the strategic implications of platforms and their impact across various industries, including B2B and energy. Geoff reflects on the initial skepticism surrounding platform theory, the significant effect of Platform Revolution, and his current work exploring platform dynamics in specific sectors. The discussion also touches upon the challenges faced by established firms in transitioning to platform models and the influence of emerging technologies and regulations on the platform ecosystem. Key Discussion Points The genesis of platform research: Stemming from observations of ad-sponsored networks and the emergence of free online services during the dot-com boom, leading to the formal study of two-sided markets and network effects. Early challenges in platform theory: The initial uphill battle to get foundational work on platforms published. The evolution of platform thinking: How the understanding of platforms has been shaped by events like the dot-com bust and the rise of tech giants. Strategic implications: The development of concepts like platform envelopment and the broader strategic considerations for businesses adopting platform models. The impact of regulation and new technologies: The influence of regulations like GDPR and CCPA, the increasing power of platforms, and the emergence of AI and blockchain on platform strategies. Challenges and opportunities in B2B platforms: The complexities of network effects, sales cycles, core transactions, and integration challenges in B2B contexts. Publications & Projects Mentioned Parker, G. G., Van Alstyne, M. W., & Choudary, S. P., (2016). Platform revolution: How networked markets are transforming the economy—and how to make them work for you. W. W. Norton & Company. Shapiro, C., & Varian, H. R. (1999). Information rules: A strategic guide to the network economy. Harvard Business Press. Anderson, E. G., Lopez, J., & Parker, G. G. (2022). Leveraging value creation to drive the growth of B2B platforms. Production and Operations Management, 31(8), 1–22. Parker, G. G., & Van Alstyne, M. W. (2005). Two-sided markets. Harvard Business Review, 83(10), 1–12. Eisenmann, T., Parker, G. G., Van Alstyne, M. W., & (2011). Platform envelopment. Strategic Management Journal, 32(12), 1270–1285. Cabral, L., Haucap, J., Parker, G. G., Petropoulos, G., Valletti, T. Alstyne, M. (2021). The EU Digital Markets Act: A Report from a Panel of Economic Experts, European Union Joint Research Centre, Publications Office of the European Union. Links Geoff's website at Dartmouth: https://engineering.dartmouth.edu/community/faculty/geoffrey-parker full no digital platforms,platform revolution Daniel Trabucchi, Tommaso Buganza and Philip Meier

Talking about Platforms
Platform Classics: Towards a theory of ecosystems

Talking about Platforms

Play Episode Listen Later Mar 21, 2025 22:15


Fri, 21 Mar 2025 06:30:00 +0000 https://tap.podigee.io/55-towards-a-theory-of-ecosystems 25b8979f21b16d828cbe2e0714df4980 by M. G. Jacobides, C. Cennamo, & A. Gawer Paper covered in this episode Jacobides, M. G., Cennamo, C., & Gawer, A. (2018). Towards a theory of ecosystems. Strategic Management Journal, 39(8), 2255–2276. Disclaimer This podcast is generated using artificial intelligence technology, drawing content from published scientific papers. While we strive for accuracy, please note: The episode synthesizes and interprets scientific literature, not original research. AI-generated content may contain errors or misinterpretations. This podcast is for informational purposes only and should not be considered professional or medical advice. Listeners are encouraged to refer to the original scientific papers for comprehensive and authoritative information. The views expressed may not necessarily reflect those of the original authors or their institutions. We welcome feedback and corrections. Please consult with qualified professionals before applying any information presented in this podcast. full by M. G. Jacobides, C. Cennamo, & A. Gawer no digital ecosystems,digital platforms,ecosystem theory Daniel Trabucchi, Tommaso Buganza and Philip Meier

Talking about Platforms
Platform Classics: Platform Envelopment

Talking about Platforms

Play Episode Listen Later Mar 7, 2025 14:20


Fri, 07 Mar 2025 06:30:00 +0000 https://tap.podigee.io/51-platform-envelopment 837f47429958004d5906666b5c019f7b by Thomas Eisenmann, Geoffrey Parker, and Marshall Van Alstyne Paper covered in this episode Eisenmann, T., Parker, G., & Van Alstyne, M. (2010). Platform envelopment. Strategic Management Journal, 32(12), 1270-1285 Disclaimer This podcast is generated using artificial intelligence technology, drawing content from published scientific papers. While we strive for accuracy, please note: The episode synthesizes and interprets scientific literature, not original research. AI-generated content may contain errors or misinterpretations. This podcast is for informational purposes only and should not be considered professional or medical advice. Listeners are encouraged to refer to the original scientific papers for comprehensive and authoritative information. The views expressed may not necessarily reflect those of the original authors or their institutions. We welcome feedback and corrections. Please consult with qualified professionals before applying any information presented in this podcast. full by Thomas Eisenmann, Geoffrey Parker, and Marshall Van Alstyne no digital platforms Daniel Trabucchi, Tommaso Buganza and Philip Meier

Nudge
Should you trust your gut?

Nudge

Play Episode Listen Later Mar 3, 2025 28:12


Golf players, investors and CEOs perform better if they take their time. Or do they?  Today, Prof. Gerd Gigerenzer reveals why intuition often outperforms complex analysis and how shortcuts can lead to smarter decisions in business, sports, and investing. You'll learn: Why gut instinct can beat data-driven decisions (feat. insights from Gerd Gigerenzer). How firefighters, CEOs, and handball players make better choices under pressure. The dangers of overthinking—why too much time can worsen decisions (feat. 2004 golf study). Why simple rules predict outcomes better than complex models (feat. Wimbledon & NFL studies). ---  Sign up to my newsletter: https://www.nudgepodcast.com/mailing-list  Connect on LinkedIn: https://www.linkedin.com/in/phill-agnew-22213187/  Watch Nudge on YouTube: https://www.youtube.com/@nudgepodcast/ Gerd's book Smart Management: https://mitpress.mit.edu/9780262548014/smart-management/ ---  Sources:  Baum, J. R., & Wally, S. (2003). Strategic decision speed and firm performance. Strategic Management Journal, 24(11), 1107–1129. Beilock, S. L., Bertenthal, B. I., McCoy, A. M., & Carr, T. H. (2004). Haste does not always make waste: Expertise, direction of attention, and speed versus accuracy in performing sensorimotor skills. Psychonomic Bulletin & Review, 11(2), 373–379. DeMiguel, V., Garlappi, L., & Uppal, R. (2009). Optimal versus naive diversification: How inefficient is the 1/N portfolio strategy? The Review of Financial Studies, 22(5), 1915–1953. Dörfler, V., & Eden, C. (2017). Becoming a Nobel Laureate: Patterns of a journey to the highest level of expertise. AoM 2017: 77th Annual Meeting of the Academy of Management, Atlanta, GA, August 4-8. Easterbrook, G. (2010). TMQ's annual bad predictions review. ESPN. Eslam sdt Henry. (2018). Best football trick world cup 2006 Jens Lehmann [Video]. YouTube. https://youtu.be/LRAOEWAbO00 Johnson, J., & Raab, M. (2003). Take the first: Option-generation and resulting choices. Organizational Behavior and Human Decision Processes, 91(2), 215–229. Klein, G. A. (1999). Sources of power: How people make decisions. MIT Press. Reb, J., Luan, S., & Gigerenzer, G. (2024). Smart management: How simple heuristics help leaders make good decisions in an uncertain world. The MIT Press. Serwe, S., & Frings, C. (2006). Who will win Wimbledon? The recognition heuristic in predicting sports events. Journal of Behavioral Decision Making, 19(4), 321–332. https://doi.org/10.1002/bdm.530 West, D. C., Acar, O. A., & Caruana, A. (2020). Choosing among alternative new product development projects: The role of heuristics. Psychology & Marketing, 37(12), 1719–1736. https://doi.org/10.1002/mar.21397

Talking about Platforms
Platform Classics: Value Creation in Innovation Ecosystems

Talking about Platforms

Play Episode Listen Later Feb 21, 2025 14:09


Fri, 21 Feb 2025 06:30:00 +0000 https://tap.podigee.io/47-platfom-classics-six a4a83ed7bcfd612587c374c70b3bf1bd How the structure of technological interdependence affects firm performance in new technology generations Paper covered in this episode Adner, R., & Kapoor, R. (2010). Value creation in innovation ecosystems: How the structure of technological interdependence affects firm performance in new technology generations. Strategic Management Journal, 31(3), 306-333 Disclaimer This podcast is generated using artificial intelligence technology, drawing content from published scientific papers. While we strive for accuracy, please note: The episode synthesizes and interprets scientific literature, not original research. AI-generated content may contain errors or misinterpretations. This podcast is for informational purposes only and should not be considered professional or medical advice. Listeners are encouraged to refer to the original scientific papers for comprehensive and authoritative information. The views expressed may not necessarily reflect those of the original authors or their institutions. We welcome feedback and corrections. Please consult with qualified professionals before applying any information presented in this podcast. full How the structure of technological interdependence affects firm performance in new technology generations no innovation ecosystems Daniel Trabucchi, Tommaso Buganza and Philip Meier

Phronesis: Practical Wisdom for Leaders
Dr. Mansour Javidan - Global Leadership

Phronesis: Practical Wisdom for Leaders

Play Episode Listen Later Aug 14, 2024 44:41 Transcription Available


Dr. Mansour Javidan is a multiple award-winning and bestselling author and executive educator whose teaching and research interests span the globe, Thunderbird School of Global Management at Arizona State University received his MBA and Ph.D. degrees from the Carlson School at the University of Minnesota. He is the Garvin Distinguished Professor and Executive Director of Najafi Global Mindset Institute at Thunderbird School of Global Management at Arizona State University.Mansour is currently the Project Director and Principal Co-Investigator of GLOBE 2020, working with a team of 426 researchers studying culture change, leadership ideals, and trust dynamics. The project has received close to $1.5 million in funding and has completed data collection from over 60000 managers and professionals in 144 countries.He has designed and taught executive development courses and workshops, conducted consulting projects, and made presentations in over 40 countries. Published in the best journals.Mansour's article on global leadership recently received the Decade's Best Paper Award (2006- 2016) by the Academy of Management Perspectives. Dr. Javidan has been recognized by Stanford University as among the top 2% most cited scientists in the field of business and management in the world in 2020, 2021, 2022, and 2023. He was also recently recognized as among the top 100 most influential (i.e., top 0.6%) authors in Organization Behavior in the world. Mansour was awarded the 2023 Lifetime Achievement Award by the International Leadership Association.He has designed and taught executive development courses and workshops, conducted consulting projects, and made presentations in over 40 countries. His publications have appeared in such journals as Harvard Business Review, Journal of International Business Studies, Organization Science, Strategic Management Journal, Academy of Management Perspectives, and Leadership Quarterly.A Quote From This Episode"One of the implications of living in such a diversity-rich environment is curiosity. Curiosity about how people do things? Why do they do things differently? This curiosity about how and why has been with me; it is in my genes."Resources Mentioned in This EpisodeBook: Developing Your Global Mindset: The Handbook for Successful Global Leaders by JavidanBook: Strategic Leadership Across Cultures: The GLOBE Study of CEO Leadership Behavior and Effectiveness in 24 Countries by JavidanWebsite: Globe ProjectMansour Javidan - Google Scholar About The International Leadership Association (ILA)The ILA was created in 1999 to bring together professionals interested in studying, practicing, and teaching leadership. Register for ILA's 26th Global Conference in Chicago, IL - November 7-10, 2024.About  Scott J. AllenWebsiteWeekly Newsletter: The Leader's EdgeBlogMy Approach to HostingThe views of my guests do not constitute "truth." Nor do they reflect my personal views in some instances. However, they are views to consider, and I hope they help you clarify your perspective. Nothing can replace your reflection, research, and exploration of the topic.

Frontiers
#17. Professor Ioannis Ioannou: Kodak, Blockbuster and Creating Businesses That Last

Frontiers

Play Episode Listen Later Apr 3, 2024 52:57


Ioannis Ioannou is one of the world's leading experts on Sustainability and Corporate Social Responsibility (CSR) and Associate Professor of Strategy and Entrepreneurship at London Business School. Professor Ioannou regularly publishes in top-tier peer-reviewed academic journals, including Strategic Management Journal, Academy of Management Review, Management Science, and Organization Science. Professor Ioannou is also the co-Chair of the Sustainability Advisory Panel of Merck, a member of the ESG Advisory Board of the DWS Group, a member of the Advisory Board of the Sustainable Risk Assessment Framework (SRAF), the Board of the Alliance for Research on Corporate Sustainability (ARCS), serves as an Advisor to TreeApp, and a member of the World Economic Forum Expert Network. Learn more here: www.ioannou.usSummaryProfessor Ioannou discusses the need for sustainability and corporate social responsibility to be central to the strategies of organisations. He explores the fall of Kodak and Blockbuster as analogies for organizations that fail to adapt to these new demands. Professor Ioannou defines sustainability and corporate social responsibility as integrating environmental and social issues into business. He emphasises the importance of understanding the evolving nature of these challenges. Professor Ioannou also discusses the connection between corporate strategy and sustainability, the trade-offs and opportunities of sustainability, and the challenges of transitioning to a sustainable business model. He highlights the role of disruptive innovation and the clashing capabilities and competencies that organizations may face. Ioannou addresses the balance between short-term results and long-term transformation and the role of investors in the transition to sustainability. He concludes by providing advice for business leaders on how to approach sustainability. Key Moments04:21 Defining Sustainability and Corporate Social Responsibility05:17 The Conceptual Level of Sustainability06:14 The Evolving Nature of Sustainability Challenges09:28 The Connection Between Corporate Strategy and Sustainability10:22 The Goal of Shareholder Value and Sustainability11:16 The Two Stories of Sustainability12:39 The Trade-offs and Opportunities of Sustainability14:29 Disruption and Clashing Capabilities20:34 Navigating the Disruption of Sustainability21:32 Disruption by Sustainability and Ethics22:27 Technological Innovation and Sustainability23:23 Customer Changes and Sustainability24:18 Clashing Capabilities and Competencies27:37 Structural Inertia and Transitioning to Renewables28:32 The Challenge of Competing with Two Business Models31:15 The Rate of Change in Sustainability33:37 Balancing Short-Term Results and Long-Term Transformation36:27 The Role of Investors in the Transition to Sustainability47:28 Advice for Business LeadersMusic credit: David Cutter Music / @dcuttermusic Hosted on Acast. See acast.com/privacy for more information.

The Crossover with Dr. Rick Komotar
John Paul MacDuffie: How Artificial Intelligence is changing the Auto Industry

The Crossover with Dr. Rick Komotar

Play Episode Listen Later Feb 27, 2024 39:35


Prof. MacDuffie's global research on the determinants of high-performance manufacturing is featured centrally in the books The Machine That Changed the World and After Lean Production: Evolving Employment Practices in the World Auto Industry. His publications can be found in top academic journals across a wide range of domains, including Global Strategy Journal, Human Relations, Industrial and Corporate Change, Industrial and Labor Relations Review, Journal of International Business Studies, Journal of Operations Management, Management Science, Organization Studies, Production and Operations Management, and Strategic Management Journal, and also in practitioner-oriented journals such as California Management Review and Harvard Business Review.Prof. MacDuffie's commentaries on the global automotive industry and trends in employment systems are featured in the New York Times, Wall Street Journal, Washington Post, Bloomberg Business Week, Fortune, and on National Public Radio and Knowledge@Wharton. He is a founding board member and current President of the Industry Studies Association, co-curator of the Automotive Transformation Map of the World Economic Forum, and a former member of the Automotive Experts Group at the Federal Reserve Bank.

Brain for Business
Series 2, Episode 36: Why Grand Innovation Challenges Matter, with Associate Professor Vera Rocha, Copenhagen Business School

Brain for Business

Play Episode Listen Later Feb 21, 2024 34:34


Sometimes the challenges facing humanity are beyond the scope or remit of just one person or indeed one organisation. Often termed “grand challenges”, these problems might be bigger, more impactful or simply require greater resources to resolve. Equally, their resolution might need more coordinated efforts and collaboration across a wider range of stakeholders to ensure that they are effectively addressed. In more recent times, and perhaps fitting with the times we live in, the term “grand innovation challenges” has also been used. To explore this further I am delighted by joined on the Brain for Business podcast by Professor Vera Rocha of Copenhagen Business School. About our guest...Vera Rocha is Associate Professor in Economics and Management of Innovation and Entrepreneurship at Copenhagen Business School. Vera's research is at the intersection of entrepreneurship, strategic human capital, and labor market inequality.Among other questions, Vera has been studying the determinants of career transitions into entrepreneurship, the causes and implications of hiring strategies as firms emerge and mature, how entrepreneurial activity can affect both individual careers and society at large, and how organizations contribute to expand or reduce labor market inequalities. In addition, Vera is Co-Editor-in-Chief at Industry & Innovation and serves in the Editorial Review Board of Strategic Management Journal, Strategic Entrepreneurship Journal, Journal of Business Venturing, and Small Business Economics.You can find out more about Vera's research here:https://www.cbs.dk/en/research/departments-and-centres/department-of-strategy-and-innovation/staff/vrsi https://www.linkedin.com/in/vera-rocha-24a396136/The special issue of the journal Industry and Innovation which focuses on Grand Innovation Challenges can be accessed here: https://www.tandfonline.com/toc/ciai20/31/1?nav=tocList Hosted on Acast. See acast.com/privacy for more information.

New Things Under the Sun
Teaching Innovative Entrepreneurship

New Things Under the Sun

Play Episode Listen Later Feb 19, 2024 24:05


Correction: In this podcast, I misspoke towards the end and referred to Eesley and Lee (2020) as Eesley and Wang (a 2017 paper I wrote about earlier here). Apologies to the authors.A lot of particularly interesting innovation happens at startups. Suppose we want more of this. One way we could try to get more is by giving entrepreneurship training to people who are likely to found innovative startups. Does that work? This post takes a look at some meta-analyses on the effects of entrepreneurship education, then zeroes in on a few studies focusing on entrepreneurship training for science and engineering students or which is focused on tech entrepreneurship.This podcast is an audio read through of the (initial draft) of Teaching Innovative Entrepreneurship, published on New Things Under the Sun.Articles mentionedMartin, Bruce C., Jeffrey J. McNally, and Michael J. Kay. 2013. Examining the formation of human capital in entrepreneurship: A meta-analysis of entrepreneurship education outcomes. Journal of Business Venturing 28(2): 211-224. https://doi.org/10.1016/j.jbusvent.2012.03.002Carpenter, Alex, and Rachel Wilson. 2022. A systematic review looking at the effect of entrepreneurship education on higher education students. The International Journal of Management Education 20(2): 100541. https://doi.org/10.1016/j.ijme.2021.100541Souitaris, Vangelis, Stefania Zerbinati, and Andreas Al-Laham. 2007. Do entrepreneurship programs raise entrepreneurial intention of science and engineering students? The effect of learning, inspiration and resources. Journal of Business Venturing 22(4): 566-591. https://doi.org/10.1016/j.jbusvent.2006.05.002Eesley, Charles E., and Yong Suk Lee. 2020. Do university entrepreneurship programs promote entrepreneurship? Strategic Management Journal 42(4): 833-861. https://doi.org/10.1002/smj.3246Lyons, Elizabeth, and Lauren Zhang. 2017. Who does (not) benefit from entrepreneurship programs? Strategic Management Journal 39(1): 85-112. https://doi.org/10.1002/smj.2704Oster, Emily. 2016. Unobservable selection and coefficient stability: Theory and evidence. Journal of Business & Economic Statistics 37(2): 187-204. https://doi.org/10.1080/07350015.2016.1227711Wallskog, Melanie. 2022. Entrepreneurial Spillovers Across Coworkers. PhD job market paper.

daily304's podcast
daily304 - Episode 02.09.2024

daily304's podcast

Play Episode Listen Later Feb 9, 2024 3:10


Welcome to the daily304 – your window into Wonderful, Almost Heaven, West Virginia.   Today is Friday, Feb. 9  Homer Hickam shares how “Rocket Boys” became “October Sky” on the big screen. Chill out with a winter hike at a West Virginia state park. And a WVU study examines the habits of successful entrepreneurs…on today's daily304. #1 – From WBOY-TV – If you're from West Virginia, odds are you've heard of Homer Hickam's 1998 book “Rocket Boys.” You might have even watched the movie adaptation, “October Sky.” The movie, which was released in 1999 and starred Jake Gyllenhaal as Homer Hickam, follows Homer's story of growing up in Coalwood, West Virginia with a dream of building rockets.  But why was the movie titled differently? Hickam said that the name of the movie was changed from “Rocket Boys” to “October Sky” to make the movie more appealing for women, based on marketing studies by Universal Studios. But October Sky is also an anagram of Rocket Boys, meaning they have the same letters just switched around in a different order. Hickam said that director Joe Johnston discovered the anagram after the new movie title was already chosen and considered it “cosmically inspired.” More information about the conversion from book to movie is detailed in Hickam's 2013 book “From Rocket Boys to October Sky.”  Read more: https://www.wtrf.com/west-virginia/west-virginia-native-homer-hickman-wrote-rocket-boys-but-why-was-the-movie-changed-to-october-sky/?es_id=0658dabd76   #2 – From WV STATE PARKS – Hiking is not just for warm-weather months. Stroll through the woods during the winter and discover a whole new world of snow-blanketed trees, animal tracks and frozen waterfalls. And there's no better place for a winter hike than West Virginia state parks and forests. Contact the park office to learn about  scheduled guided hikes, or check the Events Calendar. But if you just want to head out on your own, check out some of these parks. South of Beckley, Camp Creek State Park and Forest offers 35 miles of trails that wind through lush forest and past rippling streams. Hike to Mash Fork Falls, a 1-mile challenging trek with a rewarding view of the falls.  Nestled in the mountains of Webster County, Holly River State Park offers a peaceful escape from the frantic pace of everyday life. Discover unique rock formations along Nature's Garden Rock Trail.  If you're looking for an easy stroll, check out Fisherman's Trail at Hawks Nest State Park in the New River Gorge. The trail follows Hawks Nest Lake and offers an awe-inspiring closeup of the Hawks Nest Dam.  Check out www.wvstateparks.com to learn more and reserve lodging. Read more: https://wvstateparks.com/grab-your-snow-boots-and-plan-a-winter-hike-at-these-west-virginia-state-parks/ #3 – From WVU TODAY –  When people quit their jobs to launch their own companies, the reasons that motivated them to become entrepreneurs can be major predictors of success, according to research conducted by West Virginia University management scholar Hyeonsuh Lee. Lee's research revealed when someone leaves employment because they disagree with their company's organization and operation, they are overwhelmingly likely to thoughtfully organize their own business and succeed as an entrepreneur. Lee, assistant professor at the WVU John Chambers College of Business and Economics, also discovered when someone's first start-up does fail, taking personal ownership of that failure is key to success down the road. The Strategic Management Journal published Lee and her coauthors' analysis of interviews conducted with 21 male entrepreneurs who, between 1977 and 1997, started their own businesses after resigning jobs during the early stages of the rigid disk drive industry, which makes computer data storage devices. When organizational misalignment was someone's impetus for starting a business, the founder was almost certain to engage in “venture crafting” at his start-up. “These kinds of founders wanted to build organizations, not just products,” Lee said. “They encouraged employees to take ownership of their work, established distributed decision-making processes and ensured employees held equity stakes in their companies.” In addition to venture crafting, those with successful entrepreneurial careers focused on hiring skilled, collaborative employees. Read more: https://wvutoday.wvu.edu/stories/2024/02/01/wvu-research-looks-at-how-experiences-at-previous-jobs-motivate-start-up-operators   Find these stories and more at wv.gov/daily304. The daily304 curated news and information is brought to you by the West Virginia Department of Commerce: Sharing the wealth, beauty and opportunity in West Virginia with the world. Follow the daily304 on Facebook, Twitter and Instagram @daily304. Or find us online at wv.gov and just click the daily304 logo.  That's all for now. Take care. Be safe. Get outside and enjoy all the opportunity West Virginia has to offer.

The Leverage Point Podcast
Will AI Take Over Performance Reviews?

The Leverage Point Podcast

Play Episode Listen Later Jan 14, 2024 18:00


Join us for Episode 15 where Angela and Sergey dive into the buzzing topic of AI in performance reviews. In "Will AI Take Over Performance Reviews?", we're chatting about how AI is changing the game in evaluating employee performance. Is it making appraisals better or just more complicated? We'll look at tools like Confirm and Culture Amp, which use AI to gather feedback and draft reviews. But here's the big question: can AI really replace the human touch in understanding and evaluating staff? We're also tackling the tricky side of ethics and how employees feel about AI-written feedback. Tune in for an engaging, straight-talk discussion that cuts through the tech jargon to the heart of what AI means for the future of performance appraisals.   Referenced study:  Tong, S., Jia, N., Luo, X., & Fang, Z. (2021). The Janus face of artificial intelligence feedback: Deployment versus disclosure effects on employee performance. Strategic Management Journal.

Brain for Business
Series 2, Episode 27 – Why don't people work as hard for female entrepreneurs? With Professor Olenka Kacperczyk, London Business School

Brain for Business

Play Episode Listen Later Sep 20, 2023 36:49


While accurate data is hard to come by, some sources claim that up 90% of starts up fail. There can be many reasons for this including but not limited to the product or service not meeting market needs, the business model being flawed, or early-stage funding not materialising. One potential issue not often discussed is the impact of employee commitment and the extent to which those working for startups are prepared to put in the discretionary effort sometimes needed to get the startup over those critical early-stage challenges, something which is apparently experienced to a much greater extent by female founders when compared to their male peers. To discuss this I am delighted to be joined on the Brain for Business podcast by Professor Olenka Kacperczyk of London Business School.Amongst other things Olenka argues that: Women face well-documented obstacles when looking to found startups Research has consistently revealed patterns of inequity in the sharing of venture capital, but reasons for the performance gap between male and female-led startups are unclear A key factor may be that people generally are significantly less motivated to work for women than they are for men To address this, it is vital that educators and others intensify efforts to promote awareness of often-unconscious discriminatory behaviours to address bias against female bosses About Olenka Olenka Kacperczyk is a Professor of Strategy and Entrepreneurship at London Business School. She received her PhD from the Ross School of Business at the University of Michigan and prior to joining London Business School, Olenka held a faculty position at the Sloan School of Management at MIT. Olenka's research focuses on entrepreneurship and examines (a) why individuals sometimes give up their jobs and become entrepreneurs and (b) how people's movements into entrepreneurship affect social inequality, workplace segregation, and income distribution. Olenka currently serves as an Associate Editor at Administrative Science Quarterly. She has previously served as an Associate Editor at Organization Science, Strategic Management Journal, and Management Science. She is the recipient of many awards, including the Kauffman Junior Faculty Scholarship for Entrepreneurship Research and the William F. Glueck Award at the Academy of Management. Olenka teaches topics related to entrepreneurial strategy and strategic management in established firms. The paper discussed - Do Employees Work Less for Female Leaders? A Multi-Method Study of Entrepreneurial Firms - is available online https://pubsonline.informs.org/doi/10.1287/orsc.2022.1611 You can find out more about Olenka's research here: https://www.olenkak.com/ Hosted on Acast. See acast.com/privacy for more information.

It’s not that simple
INNOVATION, with Niron Hashai

It’s not that simple

Play Episode Listen Later Sep 19, 2023 28:59


What do we mean by “innovation”? Why do we need it? How can companies and societies encourage it? To answer these questions, Pedro Pinto interviews Niron Hashai in this episode of “It's Not That Simple”, a podcast by the Francisco Manuel dos Santos Foundation. An expert on innovation and entrepreneurship, Hashai is a Full Professor at the Arison School of Business, The Interdisciplinary Center, Herzliya, Israel. He currently serves as the school's Dean. Hashai obtained his BSc in Computer Science from the Technion and his MBA and PhD from Tel Aviv University. His research was published in top strategy, management, international business, and innovation journals, including Journal of International Business Studies, Journal of Management, Research Policy, Strategic Management Journal and Strategy Science, and he on the boards of the Strategic Management Journal, Journal of International Business Studies, and the Global Strategy Journal, among others. Before joining the Interdisciplinary Center, Hashai was a tenured faculty member at the School of Business Administration of the Hebrew University, where he also served as Vice Dean, Head of the Asper Center for Entrepreneurship, Head of the Strategy and Entrepreneurship area, the Academic Director of the EMBA program and held the Albertson-Waltuch Chair in Business Administration. Hashai is also a visiting Professor at the University of Manchester and an associate member at the John H. Dunning Research Centre, University of Reading. He has also held visiting positions at the Stern School of Business, New York University, the Blavatnik School of Government, the University of Oxford and Leeds University Business School. Hashai is co-founder and advisory board member of the Israel Strategy Conference (ISC). In this episode, Hashai explains how innovation is born of an openness to “disobey your superiors”, while also being able to collaborate with your coworkers. He stresses the importance of risk-taking and of one's willingness to fail to innovate, while “not failing too much”. Hashai also describes what a “culture of innovation” looks like: he gives some examples of companies that innovated and thereby improved their businesses, before examining the kind of corporate structure that can foster that kind of innovation. Later in this episode, he also discusses the dangers of “innovation for innovation's sake” Finally, he considers the potential benefits and dangers of Artificial Intelligence, in a conversation well worth listening to. More on this topic The Future of Foreign Direct Investment and the Multinational Enterprise, Niron Hashai (with Ravi Ramamurti, eds.) 2011 FDI, International Trade and the Economics of Peacemaking, Niron Hashai (with Tamar Almor, eds.), 2000 Niron Hashai's study on “Within-industry diversification and firm performance” Niron Hashai's study on “Sequencing the Expansion of Geographic Scope and Foreign Operations by 'Born Global' Firms” Niron Hashai's study on “How Outsourcing Affects Technological Knowledge Exploration Niron Hashai's study (with Sarit Markovich) on “The Effect of Competition Level and Startup Innovativeness”

Outthinkers
#88—Mohan Subramaniam: The Future of Competitive Strategy and the Evolving Role of Data, Customers and Digital Ecosystems

Outthinkers

Play Episode Listen Later May 5, 2023 30:06


Mohan Subramaniam is a Professor of Strategy and Digital Transformation at the IMD Business School in Lausanne, Switzerland. He focuses on the digital transformation of incumbent industrial firms and new sources of competitive advantage in the digital age. He is a recognized thought leader in digital strategy, and have helped senior executives in several companies find new sources of value and growth for their companies when competing with data within emerging digital ecosystems. He outlines his thinking in his 2022 book The Future of Competitive Strategy: Unleashing the Power of Data and Digital Ecosystems, where he introduces a new paradigm for competitive strategy anchored in data and digital ecosystems and the game-changing role of digital technologies in the modern economy. Legacy firms have for decades anchored their competitive strategy in products and industry characteristics, but these approaches are now becoming outdated. His book therefore explains how legacy firms can harness their existing assets, infrastructure, and traditional strengths to leverage the new and explosive power of data by thoughtfully applying and emulating the best practices of digital titans such as Amazon and Google.His articles regularly appear in Harvard Business Review and MIT Sloan Management Review. I have also published articles in several leading academic journals such as Strategic Management Journal, Academy of Management Journal, the Journal of Management, and the Journal of International Business Studies, and my research has been recognized by awards from Strategic Management Society, McKinsey Corporation, the Academy of Management, the Academy of International Business, and the Decision Sciences Institute. In this episode, Mohan shares:Why some of the long-prevailing concepts of competitive strategy, like Michael Porter's industry value chain, industry attractiveness (or five forces), and even the central paradigm of these approaches may have served us well for decades, but are increasingly becoming ineffectiveHow traditional legacy firms can harness their existing assets, infrastructure, and traditional strengths to be even more effective at the digital game than digital native giants like Amazon and Google Why the first step for such incumbent organizations should be to evolve your traditional customers to digital customers Why we should not just be thinking about ecosystems broadly, but about two specific—and different—ecosystems we need to create, and what they areWhy the idea that so many companies have of capturing and owning lots of data misses the point of what it means to win with data, in a world where the shelf-life value of the data you collect is getting shorter and shorter _________________________________________________________________________________________Episode Timeline:00:00—Highlight from today's episode01:02—Introducing Mohan + The topic of today's episode2:58—If you really know me, you know that...3:25—What is your definition of strategy?3:36—Could you talk to us about your thesis involving your ideas around Michael Porter's idea of competitive advantage?7:51—Why is competitive advantage less relevant today than it was 40 years ago when it was created?10:50—Can you explain how data has impacted our idea of customers, and how companies should make the transition from traditional customers to digital customers?13:06—Can you give an example of a physical product that is able to create continuous data and not episodic?15:11—Could you explain the differences between two different types of the two types of ecosystems you detail in your book?18:23—Could you explain how value chains have expanded to include complements outside of the traditional service and product offering?21:03—If we were to put production and consumption capabilities into a diagram (like an x and y-axis), how would you explain how the two interact and interplay?24:20—Could you illustrate your point of how products can deliver value outside of what its obvious value with the light bulb story?27:13—How should companies be thinking about the role of data given everything we've talked about today? It has a very short shelf life, so it is about controlling data necessarily?29:25—Closing__________________________________________________________________________________________Additional Resources: Personal Page: http://www.professormohan.com/IMD Faculty Page: https://www.imd.org/faculty/professors/mohan-subramaniam/Newest Book: https://www.hachette.co.uk/titles/david-shrier/basic-metaverse/9781472148131/Linkedin: https://ch.linkedin.com/in/mohan-subramaniam-961986bTwitter: https://twitter.com/Profmohans

Outthinkers
#88—Mohan Subramaniam: The Future of Competitive Strategy and the Evolving Role of Data, Customers and Digital Ecosystems

Outthinkers

Play Episode Listen Later May 5, 2023 30:06


Mohan Subramaniam is a Professor of Strategy and Digital Transformation at the IMD Business School in Lausanne, Switzerland. He focuses on the digital transformation of incumbent industrial firms and new sources of competitive advantage in the digital age. He is a recognized thought leader in digital strategy, and have helped senior executives in several companies find new sources of value and growth for their companies when competing with data within emerging digital ecosystems. He outlines his thinking in his 2022 book The Future of Competitive Strategy: Unleashing the Power of Data and Digital Ecosystems, where he introduces a new paradigm for competitive strategy anchored in data and digital ecosystems and the game-changing role of digital technologies in the modern economy. Legacy firms have for decades anchored their competitive strategy in products and industry characteristics, but these approaches are now becoming outdated. His book therefore explains how legacy firms can harness their existing assets, infrastructure, and traditional strengths to leverage the new and explosive power of data by thoughtfully applying and emulating the best practices of digital titans such as Amazon and Google.His articles regularly appear in Harvard Business Review and MIT Sloan Management Review. I have also published articles in several leading academic journals such as Strategic Management Journal, Academy of Management Journal, the Journal of Management, and the Journal of International Business Studies, and my research has been recognized by awards from Strategic Management Society, McKinsey Corporation, the Academy of Management, the Academy of International Business, and the Decision Sciences Institute. In this episode, Mohan shares:Why some of the long-prevailing concepts of competitive strategy, like Michael Porter's industry value chain, industry attractiveness (or five forces), and even the central paradigm of these approaches may have served us well for decades, but are increasingly becoming ineffectiveHow traditional legacy firms can harness their existing assets, infrastructure, and traditional strengths to be even more effective at the digital game than digital native giants like Amazon and Google Why the first step for such incumbent organizations should be to evolve your traditional customers to digital customers Why we should not just be thinking about ecosystems broadly, but about two specific—and different—ecosystems we need to create, and what they areWhy the idea that so many companies have of capturing and owning lots of data misses the point of what it means to win with data, in a world where the shelf-life value of the data you collect is getting shorter and shorter _________________________________________________________________________________________"The big shift in thinking is that we always thought of data as something that supports our product. What I'm saying is that think of products as something that can support your data."_________________________________________________________________________________________Episode Timeline:00:00—Highlight from today's episode01:02—Introducing Mohan + The topic of today's episode2:58—If you really know me, you know that...3:25—What is your definition of strategy?3:36—Could you talk to us about your thesis involving your ideas around Michael Porter's idea of competitive advantage?7:51—Why is competitive advantage less relevant today than it was 40 years ago when it was created?10:50—Can you explain how data has impacted our idea of customers, and how companies should make the transition from traditional customers to digital customers?13:06—Can you give an example of a physical product that is able to create continuous data and not episodic?15:11—Could you explain the differences between two different types of the two types of ecosystems you detail in your book?18:23—Could you explain how value chains have expanded to include complements outside of the traditional service and product offering?21:03—If we were to put production and consumption capabilities into a diagram (like an x and y-axis), how would you explain how the two interact and interplay?24:20—Could you illustrate your point of how products can deliver value outside of what its obvious value with the light bulb story?27:13—How should companies be thinking about the role of data given everything we've talked about today? It has a very short shelf life, so it is about controlling data necessarily?29:25—Closing__________________________________________________________________________________________Additional Resources: Personal Page: http://www.professormohan.com/IMD Faculty Page: https://www.imd.org/faculty/professors/mohan-subramaniam/Newest Book: https://www.hachette.co.uk/titles/david-shrier/basic-metaverse/9781472148131/Linkedin: https://ch.linkedin.com/in/mohan-subramaniam-961986bTwitter: https://twitter.com/Profmohans

Frontline IB: Conversations With International Business Scholars

Ilan Vertinsky is Vinod Sood Professor of International Business Studies, Strategy and Business Economics in the Sauder School of Business at the University of British Columbia (UBC). He is also an associate of the Peter Wall Institute of Advanced Studies and a former Distinguished Scholar in Residence of the Institute. He previously served as director of the Center for international Business studies, Associate director of the Institute Asian Research, director of the Maurice Young Entrepreneurship & Venture Capital Research Centre and Director of the Forest Economics and Policy Analysis unit. He was also a member of the faculty of the Institute of Resource Ecology. Ilan received his PhD from the University of California, Berkeley, School of Business specializing in Operations Research. Prior to joining the faculty at UBC he served on the faculty of Northwestern University. He has published over 300 refereed journal articles, book chapters and books. His publications include journals such as The Journal of International Business Studies, the Journal of international Economics, Review of Economic Studies, Strategic Management Journal, Management Science, Operations Research, Administrative Science Quarterly, Organizational Behavior and Human Decision Processes, and the Journal of Marketing. His research awards include the University's Killam Research prize, the Sauder's Professional Research Excellence Prize, AGSM's Outstanding Scholarship Award and the Seagram Senior Faculty Award. Ilan is a former area editor of The Journal of International Business Studies (JIBS) and currently serves as a consulting editor of the journal. Ilan's current research focuses on the following areas: (1) transfers of knowledge in international joint ventures; (2) risk management and resilience development related to climate change, (3) competitive learning in domestic and cross- border alliances, patent litigation and innovation, and (4) the implications of the ongoing USA-China technology rivalry. Visit https://www.aib.world/frontline-ib/ilan-vertinsky/ for the original video interview.

Frontline IB: Conversations With International Business Scholars

Glenn Hoetker joined Melbourne Business School in 2018. He completed his PhD in international business at the University of Michigan. Prior to joining MBS, he was Dean's Council Distinguished Scholar and Professor in the Department of Management of Arizona State University's W. P. Carey school of business, where he also held a courtesy appointment in the Department of Supply Chain Management. He was also an affiliate professor at the Sandra Day O'Connor College of Law and a Senior Sustainability Scholar at the Julie Ann Wrigley Global Institute of Sustainability, an affiliation he still holds. Prior to joining ASU, he spent 10 years at the University of Illinois, where he was a member of both the strategy and international business groups in the College of Business, with additional appointments in the College of Law and the Institute for Genomic Biology, where he was part of the BioBEL (Business, Economic and Legal Aspects of Biotechnology) research group. He is an Associate Editor for the Strategic Management Journal and the Strategic Management Society's new journal, Strategic Management Review. He serves on the Editorial Review Boards of Organization Science, Strategic Organization and Strategy Science. His research, teaching and outreach interests are at the confluence of strategy, innovation, and globalization. Much of his recent work has explored these issues in the context of sustainability, particularly clean energy. Visit https://www.aib.world/frontline-ib/glenn-hoetker/ for the original video interview.  

Brain for Business
Series 2, Episode 16 - How Social Media Supercharges Conspiracy Theories, with Professor Henrich Greve, INSEAD

Brain for Business

Play Episode Listen Later Apr 19, 2023 32:25


Whether we like it or not (or recognise it or not!) in recent years we have all been subjected to various conspiracy theories. Whether it is claims that COVID-19 was developed in a lab and released on purpose, or assertions that the world is run by some kind of “Deep State” shadow government, erroneous conspiracy theories have had a significant and dangerous impact. This has been made all the worse by social media which has allowed conspiracy theories to grow and multiply almost exponentially. To explore this further I am delighted to be joined on the Brain for Business podcast by Professor Henrich Greve. Henrich Greve is the Rudolf and Valeria Maag Chaired Professor of Entrepreneurship at INSEAD. Henrich's research interest is strategic change in organizations, mostly from a learning perspective, and includes examining how networks of organizations change, how organizations and communities are related, and how innovations are made and spread. Henrich has published over 80 articles in journals including Administrative Science Quarterly, Academy of Management Journal, Strategic Management Journal, American Journal of Sociology, American Sociological Review, and Management Science. More recently, in an article published in American Sociological Review with co-authors Hayagreeva Rao, Paul Vicinanza and Echo Yan Zhou, Henrich examined Online Conspiracy Groups: Micro-Bloggers, Bots, and Coronavirus Conspiracy Talk on Twitter. Henrich's blog and general reflections are available here: https://www.organizationalmusings.com/ Some general thoughts from Henrich on how conspiracy talk helps people make sense of the world are available here: https://knowledge.insead.edu/strategy/how-conspiracy-talk-helps-people-make-sense-world The article from American Sociological Review discussed in the podcast can be accessed here: https://journals.sagepub.com/doi/abs/10.1177/00031224221125937?journalCode=asra

But Why?
BUT WHY BITESIZE - SERENDIPITY WITH DR CHRISTIAN BUSCH

But Why?

Play Episode Listen Later Apr 17, 2023 10:53


In this bitesize episode, Clemmie talks luck and serendipity with Dr Christian Busch, who is the bestselling author of Connect the Dots: The Art & Science of Creating Good Luck, and an internationally known expert in the areas of innovation, purpose-driven leadership, and serendipity. Clemmie and Christian explore how we can make our own luck, how embracing the unexpected can lead to a more fulfilling life, and how there might actually be science behind serendipity. Christian is the director of the CGA Global Economy Program at New York University (NYU), and also teaches at the London School of Economics (LSE). His work has been featured by outlets such as the Strategic Management Journal, Harvard Business Review, Forbes, The Guardian, Washington Post, and the BBC. He is a regular speaker at conferences such as the World Economic Forum, TEDx, and Financial Times Summit, and is a member of the World Economic Forum's (WEF) Expert Forum, a Fellow of the Royal Society of Arts, and on the Thinkers50 Radar list of the 30 thinkers "most likely to shape the future." Find him on Twitter: @ChrisSerendip. You can also find Clemmie on Instragram @Clemmie_Telford and get more podcast content @butwhy_podcast. Learn more about your ad choices. Visit megaphone.fm/adchoices

Frontline IB: Conversations With International Business Scholars

Asli M. Colpan is Professor of Corporate Strategy at the Graduate School of Management and Graduate School of Economics, Kyoto University. She held the Alfred Chandler Visiting Scholar position at the Harvard Business School. Previously, she was also a visiting scholar at Harvard University and MIT, and visiting professor at Koc University's College of Administrative Science and Economics. Her research interests include corporate strategy, corporate governance, business history, and especially the evolution of large enterprises in developed and emerging economies. Her work has been published in such journals as Industrial and Corporate Change, Journal of Management Studies, Strategic Management Journal, Strategic Organization, Journal of Business Ethics, Business History and Corporate Governance: An International Review. She is the co-editor of the Oxford Handbook of Business Groups, Oxford: Oxford University Press, 2010; Business Groups in the West: Origins, Evolution, and Resilience, Oxford: Oxford University Press, 2018; and Business, Ethics and Institutions: The Evolution of Turkish Capitalism in Global Perspectives, 2020. She was awarded the Tachibana Prize for the most outstanding female scholar at Kyoto University. She is currently the Area Editor of Journal of International Business Studies and Senior Editor of Management and Organizational History. She also sits on the boards of Sumitomo Rubber Industries and NISSHA as an external director. Visit https://www.aib.world/frontline-ib/asli-colpan/ for the original video interview.

Frontline IB: Conversations With International Business Scholars

Anthony Goerzen is the D.R. Sobey Professor of International Business at Smith School of Business of Queen's University. Prior to academia, Anthony Goerzen spent 15 years in management positions in both small firms and MNCs. His research interests relate to the behaviour and performance of MNEs with a focus on location strategy, cooperative strategies (e.g., JVs, alliances, and networks) as well as social and environmental issue management within the context of global value chains. His research is published in Strategic Management Journal, Journal of International Business Studies, Journal of Management, Management International Review, Journal of International Management, Asia Pacific Journal of Management, Peking University Business Review, Ivey Business Journal, Academy of Management Perspectives, and Journal of Small Business and Entrepreneurship. Visit https://www.aib.world/frontline-ib/anthony-goerzen/ for the original video interview.

Frontline IB: Conversations With International Business Scholars

Jiatao (JT) Li is Chair Professor of Management, Lee Quo Wei Professor of Business, Director of the Center for Business Strategy and Innovation, and Senior Fellow of the Institute for Advanced Study, Hong Kong University of Science and Technology. He served as the Senior Associate Dean of the HKUST Business School from 2013 to July 2017; and Associate Dean (Faculty) from 2009 to 2013. He is a Fellow of the Academy of International Business and an editor of the Journal of International Business Studies. His current research interests are in the areas of organizational learning, strategic alliances, corporate governance, innovation, and entrepreneurship, with a focus on issues related to global firms and those from emerging economies. His work has appeared in leading academic journals such as Academy of Management Journal, Academy of Management Review, Journal of International Business Studies, Organization Science, and Strategic Management Journal. He also served as an Associate Editor of the Strategic Management Journal from 2009 to 2016. He is currently serving as a member of the editorial boards of leading journals, including the Academy of Management Journal, Strategic Management Journal, Journal of Management, Journal of International Business Policy, Global Strategy Journal, and Long Range Planning, among others. He served as Vice President and Program Chair of the 2018 Academy of International Business annual conference in Minneapolis. Earlier in his career, JT worked as a management consultant with McKinsey & Company in Hong Kong. Visit https://www.aib.world/frontline-ib/jt-li/ for the original video interview.

Frontline IB: Conversations With International Business Scholars

David A. Griffith is Professor of Marketing, the holder of the Hallie Vanderhider Chair in Business, and Associate Director of Research of the Center for International Business Studies, in Mays Business School at Texas A&M University. In 2022, he was inducted as a Fellow of the Academy of International Business. David's research focuses on the areas of strategy, global marketing, innovation, and international business. He has published over 125 articles, in outlets including the Journal of International Business Studies, Journal of Marketing Research, Journal of Marketing, Strategic Management Journal, Journal of Operations Management, etc. He is ranked among the most productive and impactful scholars in the international marketing discipline. He is the recipient of the 2021 S. Tamer Cavusgil Award, the 2021 Louis W. Stern Award, the 2019 Significant Contributions to Global Marketing Award presented by the AMA Global Marketing Special Interest Group, a two-time recipient of the Hans B. Thorelli Award (2018, 2015), as well as a two-time recipient of the AMA Global Marketing Special Interest Group's Excellence in Research Award (2018, 2014). In 2019 he was awarded a Silver Medal by the Academy of International Business for his contributions to the Journal of International Business Studies. David is serving as Editor for Global Marketing at the Journal of International Business Studies (2023-2025). He also serves as an Associate Editor for the Journal of Marketing. Prior to these editorial roles, he served two terms as the Editor-in-Chief of the AMA's Journal of International Marketing (2008-2010, 2011-2013). Visit https://www.aib.world/frontline-ib/david-griffith/ for the original video interview.

Frontline IB: Conversations With International Business Scholars

Shige Makino is Professor at Faculty of Economics/Graduate School of Economics, Kyoto University, Japan, and Emeritus Professor at the Chinese University of Hong Kong. He received LLB and MBA degrees from Keio University, and PhD from Ivey Business School, Western University. Shige's current research focuses on strategies and performance of multinational corporations. He is especially interested in exploring non-economic based motivations on economic activities and their performance consequences in international business. His research has appeared in such journals as Academy of Management Journal, Journal of International Business Studies, Journal of Management Studies, Organization Science, and Strategic Management Journal, among others. Shige served as a Vice President of the Academy of International Business (Program) and a President of the Association of Japanese Business Studies. He currently serves as an Associate Editor for Global Strategy Journal, a Consulting Editor of Journal of International Business Studies, and an editorial and advisory board member in a number of local and international journals. He has received several major research awards and honors, including the JIBS Gold Medal (2019) and the International Business Review (IBR) Best Journal Paper of the Year Award (2020). He teaches strategic management and business models at undergraduate, masters and PhD levels and received many teaching awards at the Chinese University of Hong Kong, including the Vice Chancellor's Exemplary Teaching Award (the University's top teaching award) and the Teaching Excellence Award (the Business School's top teaching award). Visit https://www.aib.world/frontline-ib/shige-makino/ for the original video interview.

The Good Leadership Podcast
Strategies for Leading Innovation with Vijay Govindarajan | The Good Leadership Podcast #52

The Good Leadership Podcast

Play Episode Listen Later Dec 5, 2022 33:38


Vijay Govindarajan, known as VG, is widely regarded as one of the world's leading experts on strategy and innovation. VG was the first Professor in Residence and Chief Innovation Consultant at General Electric. He worked with GE's CEO Jeff Immelt to write "How GE is Disrupting Itself", the Harvard Business Review (HBR) article that pioneered the concept of reverse innovation-any innovation that is adopted first in the developing world. HBR picked reverse innovation as one of the Great Moments in Management in the Last Century. In the latest Thinkers50 Rankings, he was ranked the #1 Indian Management Thinker. He is also a NYT and WSJ Best Selling author, is the Coxe Distinguished Professor at Dartmouth College's Tuck School of Business and the Marvin Bower Fellow at Harvard Business School. Dr. Govindarajan is one of the rare faculty who has published more than ten articles in the top academic journals (Academy of Management Journal, Academy of Management Review, Strategic Management Journal) and more than ten articles in prestigious practitioner journals including several best-selling HBR articles. He received the McKinsey Award for the best article in HBR. He published the New York Times and Wall Street Journal Best Seller, Reverse Innovation. VG has worked with CEOs and top management teams in more than 25% of the Fortune 500 firms to deepen and integrate their thinking about strategy. His clients include: Boeing, Coca-Cola, Colgate, Deere, FedEx, GE, Hewlett-Packard, IBM, J.P. Morgan Chase, J&J, New York Times, P&G, Sony, and Wal-Mart. Much in demand on the lecture circuit, he has been a keynote speaker in the BusinessWeek CEO Forum, HSM World Business Forum, TED and World Economic Forum at Davos. Vijay Govindarajan's Books: https://www.amazon.com/Vijay-Govindarajan/e/B001HMOWKO Learn more about IMS and future sessions with leaders like Vijay Govindarajan: https://ims-online.com/programs Chapters: (00:00) Introduction (01:25) Vijay's background (06:03) Innovation vs creativity (07:24) Box 1: Managing the present core business at peak efficiency and profitability (08:40) Box 2: Traps of the past (11:12) Three traps (13:49) Box 3: Creating the future (21:25) Balancing the three boxes (23:18) Focus on the horse you can control (28:57) The future is now (31:18) Key takeaway (32:31) Conclusion

Frontline IB: Conversations With International Business Scholars

Christine M. Chan is a Professor of Management and Strategy at University of Hong Kong. She is currently Associate Dean (Outreach and Global Engagement) and was Assistant Dean (EMBA, MBA, and Tpg programmes) from 2013 to 2018. Her research analyzes the influences of institutions on multinational enterprises' foreign market entry strategies and performance in developed and emerging economies. She teaches in HKU MBA Programme, HKU/Fudan University EMBA Programme and HKU/Peking University EMBA Programme. She also teaches executive education programs. She was the Senior Editor of Asia Pacific Journal of Management from 2012 to 2019 and serves on the Editorial Review Board of Global Strategy Journal. She has published in the Strategic Management Journal, Journal of International Business Studies, and Journal of Business Research. She has presented her papers at the Academy of Management Conference, Academy of International Business Conference, and Asia Academy of Management Conference. Visit https://www.aib.world/frontline-ib/christine-chan/ for the original video interview.

Six Pixels of Separation Podcast - By Mitch Joel
SPOS #841 - Nathan Furr On The Upside Of Uncertainty

Six Pixels of Separation Podcast - By Mitch Joel

Play Episode Listen Later Aug 21, 2022 52:48


Welcome to episode #841 of Six Pixels of Separation. Here it is: Six Pixels of Separation - Episode #841. In his new book, The Upside of Uncertainty - A Guide To Finding Possibility In The Unknown, Nathan Furr (and his co-author/wife, Susannah Harmon Furr) provide a science-backed guide for navigating and thriving through uncertainty — based on interviews and insights from world-renowned leaders, innovators, entrepreneurs, artists, and creatives. It's a book for this exact moment in time, and it's a wonderful read. Nathan is an Associate Professor of Strategy at INSEAD, where he teaches innovation and technology strategy. His research focuses on innovation and technology strategy, particularly how new and established firms adapt to technology change and enter new markets. His research has been published in leading journals, such as Strategic Management Journal, Organization Science, and Strategic Entrepreneurship Journal. He has received various impressive awards and is a recognized expert in innovation, entrepreneurship, and value creation. He also co-authored Innovation Capital, Leading Transformation, The Innovator's Method, and Nail It then Scale It: The Entrepreneur's Guide to Creating and Managing Breakthrough Innovation. Professionally, Nathan has acted as the founder or advisor to corporations and startups in healthcare, clean technology, professional services, the internet, retail and financial services industries. Nathan also sits on the investment board of the Kickstart Seed Fund, an innovative early-stage venture fund, and was the founder of the International Business Model Competition, which attracts thousands of innovative teams from around the world in an international competition. If you're thinking about how to better embrace uncertainty (and, who isn't these days?), this episode is for you. Enjoy the conversation... Running time: 57:33. Hello from beautiful Montreal. Subscribe over at Apple Podcasts. Please visit and leave comments on the blog - Six Pixels of Separation. Feel free to connect to me directly on Facebook here: Mitch Joel on Facebook. or you can connect on LinkedIn. ...or on Twitter. Here is my conversation with Nathan Furr. The Upside of Uncertainty - A Guide To Finding Possibility In The Unknown. Innovation Capital. Leading Transformation. The Innovator's Method. Nail It then Scale It: The Entrepreneur's Guide to Creating and Managing Breakthrough Innovation. Susannah Harmon Furr. Follow Nathan on LinkedIn. Follow Nathan on Twitter. This week's music: David Usher 'St. Lawrence River'.

New Things Under the Sun
Innovation at the Office

New Things Under the Sun

Play Episode Listen Later Aug 17, 2022 27:08


For decades, the office was the default way to organize workers, but that default is being re-examined. Many workers (including me) prefer working remotely, and seem to be at least as productive working remotely as they are in the office. Remote capable organizations can hire from a bigger pool of workers than is available locally. All in all, remote work seems to have been underrated, relative to just a few years ago.But there are tradeoffs. I've written before that physical proximity seems to be important for building new relationships, even though those relationships seem to remain productive as people move away from each other. This podcast narrows the focus down to the office. Does bringing people together in the office actually facilitate meeting new people? (spoiler: yes) But I'll try and get more specific about how, when, and why this happens too.This podcast is an audio read through of the (initial draft of the) post Innovation at the Office, originally published on New Things Under the Sun.Articles Mentioned:Allen, Thomas and Gunter Henn. 2007. The Organization and Architecture of Innovation. Routledge Publishing. Link.Miranda, Arianna Salazar and Matthew Claudel. 2021. Spatial proximity matters: A study on collaboration. PLoS ONE 16(12): e0259965. https://doi.org/10.1371/journal.pone.0259965Catalini, Christian. 2017. Microgeography and the Direction of Inventive Activity. Management Science 64(9) https://doi.org/10.1287/mnsc.2017.2798Roche, Maria P., Alexander Oettl, and Christian Catalini. 2022. (Co-)Working in Close Proximity: Knowledge Spillovers and Social Interactions. NBER Working Paper 30120. https://doi.org/10.3386/w30120Hasan, Sharique, and Rembrand Koning. 2019. Prior ties and the limits of peer effects on startup team performance. Strategic Management Journal 40(9): 1394-1416. https://doi.org/10.1002/smj.3032Appel-Meulenbroek, Rianne, Bauke de Vries, and Mathieu Weggeman. 2017. Knowledge Sharing Behavior: The Role of Spatial Design in Buildings. Environment and Behavior 49(8): 874-903. https://doi.org/10.1177/0013916516673405Kabo, Felichism W., Natalie Cotton-Nessler, Yongha Hwang, Margaret C. Levenstein, and Jason Owen-Smith. 2014. Proximity effects on the dynamics and outcomes of scientific collaborations. Research Policy 43(9): 1469-1485. https://doi.org/10.1016/j.respol.2014.04.007

AMFM247 Broadcasting Network
Leadership and Loyalty - 1/2 Serendipity: The Art & Science of Creating Good Luck: Christian Busch

AMFM247 Broadcasting Network

Play Episode Listen Later Jul 13, 2022 30:11


We've all met those folks who seem to have horseshoes inserted in their rectums. Things just seem to work out for them. Do the Gods favor them, or could there be a science of luck? There's a reasonable assumption that talent, skill, mental toughness, hard work, tenacity, optimism, growth mindset, and emotional intelligence determine how we distribute resources. We tend to give resources to those who have a history of success and often ignore those who have been unsuccessful, assuming that the most successful are also the most competent. But is this assumption correct? In recent years, several studies and books, including those by risk analyst, Nassim Taleb, have suggested that luck and opportunity may play a far more significant role than we ever realized. Even if you don't believe in luck, you undoubtedly have had moments that seemed to have certain serendipity. I'm curious, have you ever considered that you may be able to manufacture that serendipity? Our guest for the next two episodes is Dr. Christian Busch. Christian is one of the world's leading experts in innovation, purpose-driven leadership, and serendipity. He is the bestselling author of The Serendipity Mindset: The Art & Science of Creating Good Luck. Christian Busch also teaches at the London School of Economics (LSE), is a co-founder of Leaders on Purpose and the Sandbox Network, and is a former director of LSE's Innovation Lab. His work is featured by outlets such as the Strategic Management Journal, Harvard Business Review, Forbes, The Guardian, Washington Post, and the BBC. Christian is a member of the World Economic Forum's (WEF) Expert Forum, a Fellow of the Royal Society of Arts, a multi-TEDx speaker, and on the Thinkers50 Radar list of the 30 thinkers "most likely to shape the future." Website http://www.theserendipitymindset.com Social Media https://www.facebook.com/SerendipityMindset https://twitter.com/ChrisLSE https://www.linkedin.com/in/christianwbusch Part 1) The Hook Strategy for Meaningful Accidents Why "It's not our/my fault" is killing your luck How one company massively grew business because of a complaint What is Smart Luck? Is there such a thing as Meaningful Accidents Either, or, Annnnnd How to apply the Hook Strategy Can Curiosity Create Luck A Strange Strategy for Dealing with Anxiety Near-Death and Serendipity

AMFM247 Broadcasting Network
Leadership and Loyalty - 2/2 Christian Busch, PhD: Serendipity and The Transfer of Trust

AMFM247 Broadcasting Network

Play Episode Listen Later Jul 13, 2022 31:06


We've all met those folks who seem to have horseshoes inserted in their rectums. Things just seem to work out for them. Do the Gods favor them, or could there be a science of luck? There's a reasonable assumption that talent, skill, mental toughness, hard work, tenacity, optimism, growth mindset, and emotional intelligence determine how we distribute resources. We tend to give resources to those who have a history of success and often ignore those who have been unsuccessful, assuming that the most successful are also the most competent. But is this assumption correct? In recent years, several studies and books, including those by risk analyst, Nassim Taleb, have suggested that luck and opportunity may play a far more significant role than we ever realized. Even if you don't believe in luck, you undoubtedly have had moments that seemed to have certain serendipity. I'm curious, have you ever considered that you may be able to manufacture that serendipity? Our guest for the next two episodes is Dr. Christian Busch. Christian is one of the world's leading experts in innovation, purpose-driven leadership, and serendipity. He is the bestselling author of The Serendipity Mindset: The Art & Science of Creating Good Luck. Christian Busch also teaches at the London School of Economics (LSE), is a co-founder of Leaders on Purpose and the Sandbox Network, and is a former director of LSE's Innovation Lab. His work is featured by outlets such as the Strategic Management Journal, Harvard Business Review, Forbes, The Guardian, Washington Post, and the BBC. Christian is a member of the World Economic Forum's (WEF) Expert Forum, a Fellow of the Royal Society of Arts, a multi-TEDx speaker, and on the Thinkers50 Radar list of the 30 thinkers "most likely to shape the future." Website http://www.theserendipitymindset.com Social Media https://www.facebook.com/SerendipityMindset https://twitter.com/ChrisLSE https://www.linkedin.com/in/christianwbusch Part 2) Serendipity and The Transfer of Trust It's Not Fair, Now What Dying from COVID, a Love Story The Trust Transfer Strategy How to Deal with The Fear of Rejection Leveraging Regret The Famous Lucky Experiment (how to become lucky) "What if This is Not for That?" Serendipity in Action! Why Secret introverts can Have Great "Luck" The Search for Meaning

AMFM247 Broadcasting Network
Leadership and Loyalty - 1/2 Serendipity: The Art & Science of Creating Good Luck: Christian Busch

AMFM247 Broadcasting Network

Play Episode Listen Later Jul 13, 2022 30:11


We've all met those folks who seem to have horseshoes inserted in their rectums. Things just seem to work out for them. Do the Gods favor them, or could there be a science of luck? There's a reasonable assumption that talent, skill, mental toughness, hard work, tenacity, optimism, growth mindset, and emotional intelligence determine how we distribute resources. We tend to give resources to those who have a history of success and often ignore those who have been unsuccessful, assuming that the most successful are also the most competent. But is this assumption correct? In recent years, several studies and books, including those by risk analyst, Nassim Taleb, have suggested that luck and opportunity may play a far more significant role than we ever realized. Even if you don't believe in luck, you undoubtedly have had moments that seemed to have certain serendipity. I'm curious, have you ever considered that you may be able to manufacture that serendipity? Our guest for the next two episodes is Dr. Christian Busch. Christian is one of the world's leading experts in innovation, purpose-driven leadership, and serendipity. He is the bestselling author of The Serendipity Mindset: The Art & Science of Creating Good Luck. Christian Busch also teaches at the London School of Economics (LSE), is a co-founder of Leaders on Purpose and the Sandbox Network, and is a former director of LSE's Innovation Lab. His work is featured by outlets such as the Strategic Management Journal, Harvard Business Review, Forbes, The Guardian, Washington Post, and the BBC. Christian is a member of the World Economic Forum's (WEF) Expert Forum, a Fellow of the Royal Society of Arts, a multi-TEDx speaker, and on the Thinkers50 Radar list of the 30 thinkers "most likely to shape the future." Website http://www.theserendipitymindset.com Social Media https://www.facebook.com/SerendipityMindset https://twitter.com/ChrisLSE https://www.linkedin.com/in/christianwbusch Part 1) The Hook Strategy for Meaningful Accidents Why "It's not our/my fault" is killing your luck How one company massively grew business because of a complaint What is Smart Luck? Is there such a thing as Meaningful Accidents Either, or, Annnnnd How to apply the Hook Strategy Can Curiosity Create Luck A Strange Strategy for Dealing with Anxiety Near-Death and Serendipity

AMFM247 Broadcasting Network
Leadership and Loyalty - 2/2 Christian Busch, PhD: Serendipity and The Transfer of Trust

AMFM247 Broadcasting Network

Play Episode Listen Later Jul 13, 2022 31:06


We've all met those folks who seem to have horseshoes inserted in their rectums. Things just seem to work out for them. Do the Gods favor them, or could there be a science of luck? There's a reasonable assumption that talent, skill, mental toughness, hard work, tenacity, optimism, growth mindset, and emotional intelligence determine how we distribute resources. We tend to give resources to those who have a history of success and often ignore those who have been unsuccessful, assuming that the most successful are also the most competent. But is this assumption correct? In recent years, several studies and books, including those by risk analyst, Nassim Taleb, have suggested that luck and opportunity may play a far more significant role than we ever realized. Even if you don't believe in luck, you undoubtedly have had moments that seemed to have certain serendipity. I'm curious, have you ever considered that you may be able to manufacture that serendipity? Our guest for the next two episodes is Dr. Christian Busch. Christian is one of the world's leading experts in innovation, purpose-driven leadership, and serendipity. He is the bestselling author of The Serendipity Mindset: The Art & Science of Creating Good Luck. Christian Busch also teaches at the London School of Economics (LSE), is a co-founder of Leaders on Purpose and the Sandbox Network, and is a former director of LSE's Innovation Lab. His work is featured by outlets such as the Strategic Management Journal, Harvard Business Review, Forbes, The Guardian, Washington Post, and the BBC. Christian is a member of the World Economic Forum's (WEF) Expert Forum, a Fellow of the Royal Society of Arts, a multi-TEDx speaker, and on the Thinkers50 Radar list of the 30 thinkers "most likely to shape the future." Website http://www.theserendipitymindset.com Social Media https://www.facebook.com/SerendipityMindset https://twitter.com/ChrisLSE https://www.linkedin.com/in/christianwbusch Part 2) Serendipity and The Transfer of Trust It's Not Fair, Now What Dying from COVID, a Love Story The Trust Transfer Strategy How to Deal with The Fear of Rejection Leveraging Regret The Famous Lucky Experiment (how to become lucky) "What if This is Not for That?" Serendipity in Action! Why Secret introverts can Have Great "Luck" The Search for Meaning

Case Interview Preparation & Management Consulting | Strategy | Critical Thinking
487: Innovation Through Customer Collaboration (with Ben M. Bensaou)

Case Interview Preparation & Management Consulting | Strategy | Critical Thinking

Play Episode Listen Later Jul 6, 2022 72:23


Welcome to an episode with a well-recognized professor, Ben M. Bensaou. Get Ben's book here: https://amzn.to/3xpI9Zb Many people think that you need a genius leader or need to become a start-up to innovate. But we all have the potential to innovate. In this episode, Ben speaks about everyone's role in innovation and how it can be performed like a habit in our everyday lives. He also discussed the need to develop a deeper understanding of customers and create a culture of collaborating with customers to offer the ideal combination of performance, attributes, price, and other characteristics that customers need and want, or produce a product and service with a powerful market appeal. Ben M. Bensaou is a Professor of Technology Management and Professor of Asian Business and Comparative Management at INSEAD, Fontainebleau, France. He served as Dean of Executive Education in 2018–2020. He was a Visiting Associate Professor at Harvard Business School in 1998-1999, a Senior Fellow at the Wharton School of Management in 2007-2008, and a Visiting Scholar at the Haas School of Business at the University of California Berkeley in 2013-2015. He received his PhD in Management from MIT Sloan School of Management, Cambridge, US, and his MA in Management Science from Hitotsubashi University, Tokyo, Japan; his Diplôme d'Ingénieur (MSc) in Civil Engineering and DEA in Mechanical Engineering from respectively the Ecole Nationale des TPE, Lyon and the Institut National Polytechnique de Grenoble, two Grandes Ecoles in France. His research and teaching activities focus on: (1) how to create innovating capabilities and competencies as a way to build an innovating organization and culture; (2) Blue Ocean Strategy and value innovation implementation, and roll out processes across the whole organization; (3) how to build social capital within firms; (4) new forms of organizations, in particular networked corporations, strategic alliances, joint ventures, and value-adding partnerships; and (5) the impact of information technology on innovation. Professor Bensaou addresses these issues from an international comparative perspective, with a special focus on Japanese organizations. Professor Bensaou's research on buyer-supplier relations in the US and Japanese auto industries won him the Best Doctoral Dissertation Award in the field of information systems and a finalist nomination for the Free Press Award for outstanding dissertation research in the field of business policy and strategy. His case studies on innovation won the 2006, 2008 and 2009 ECCH Best Case Awards (with Kim & Mauborgne). His publications include papers in Academy of Management Journal, Management Science, Information Systems Research, Organization Science, Strategic Management Journal, Journal of International Business Studies, Harvard Business Review, Sloan Management Review, book chapters and conference proceedings. He has been a member of the Editorial Board of Information Systems Research, MIS Quarterly and MISQ Executive. He has been listed in the Who's Who in the World since 1998. He has been consulting for Asian, European and US corporations since 1993. At INSEAD, Professor Bensaou developed two new MBA courses: 'Managing Networked Organisations' and 'Understanding Japanese Business.' He also teaches courses on Competitive Strategy, Innovation, Blue Ocean Strategy and Value Innovation, Information Technology and Comparative Management (in English and French). He was a Visiting Professor at Aoyama Gakuin University, Tokyo, where he taught his 'Information Technology and Corporate Transformation' course. He has also been teaching (in Japanese) in Executive Education programs at Keio Business School, Tokyo, Japan. Get Ben's book here: Built to Innovate: Essential Practices to Wire Innovation into Your Company's DNA. Ben M. Bensaou: https://amzn.to/3xpI9Zb Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo

Cool Things Entrepreneurs Do
Changing Strategy for Today's World with Ron Adner

Cool Things Entrepreneurs Do

Play Episode Listen Later Jun 28, 2022 34:23


For episode 726 of "Making Waves at C-Level", host Thom Singer sits down with a strategy professor from the Tuck School of Business at Dartmouth College. Ron Adner has written two unbelievably great books and loves everything about strategy. His newest book, "Winning the Right Game: How to disrupt, defend, and deliver in a changing world" is a MUST READ for everyone in leadership. In this conversation they talk about changes from classic disruption and ecosystem disruption. How leaders can navigate these changes. They also touch on how this new world impacts companies and industries.  About Ron Adner Ron Adner is The Nathaniel D'1906 and Martha E. Leverone Memorial Professor of Business Administration and Professor of Strategy and Entrepreneurship at the Tuck School of Business at Dartmouth College. Prior to joining Tuck, he was the Akzo-Nobel Fellow of Strategic Management at INSEAD, where he served on the faculty for ten years. Dr. Adner's award winning research introduces a new perspective on value creation and competition when industry boundaries break down in the wake of ecosystem disruption. His two books, The Wide Lens: What Successful Innovators See that Others Miss (2012) and Winning the Right Game: How to Disrupt, Defend, and Deliver in a Changing World (October 2021) have been heralded as landmark contributions to the strategy literature. Clayton Christensen (Innovator's Dilemma) described his work as “Path-breaking” and Jim Collins (Good to Great) has called him “One of our most important strategic thinkers for the 21st century.” Dr. Adner has held editorial and board positions in the leading peer-reviewed academic journals of his field, including the Academy of Management Review, Management Science, the Strategic Management Journal, and Strategy Science. His managerial articles have been published in outlets including the Harvard Business Review, The Atlantic, Fast Company, Forbes, Wired, The Financial Times, and the Wall Street Journal . Dr. Adner's work is a rare convergence of rigorous academic research, profound managerial insights, and practical, powerful frameworks. Applied, tested, and validated in some of the world's leading companies, his approach to seeing the bigger strategy picture has been transformative in driving effective innovation in both the corporate and social sectors. Dr. Adner is founder of the Strategy Insight Group, whose mission is to help clients eliminate strategy blind spots and build robust go-to-market strategies in complex ecosystems, internal and external. He is a keynote speaker, consultant, and advisor to companies around the world. His engagements have transformed strategy at Fortune 500 firms as well as at entrepreneurial startups. He is an accomplished teacher and a seven-time winner of the annual, student-voted, Award for Teaching Excellence at both Tuck and INSEAD (2000, 2002, 2003, 2004, 2005, 2011, 2019). Dr. Adner holds a PhD and an MA from the Wharton School at the University of Pennsylvania, as well as master's and bachelor's degrees in mechanical engineering from the Cooper Union for the Advancement of Science and Art. https://thomsinger.com/podcast/ron-adner Learn more about your ad choices. Visit megaphone.fm/adchoices

Frontline IB: Conversations With International Business Scholars

Dan Li is the L. Leslie Waters Chair and Professor of International Business at the Kelley Business School, Indiana University. She received her Ph.D. in Management from Texas A&M University. Her research and teaching focus on global strategy, particularly in the areas of international strategic alliances, and institutional influences on activities of both established multinational enterprises and international new ventures. Dan's work has been published in the Journal of International Business Studies, Academy of Management Journal, Strategic Management Journal, Organization Science, Journal of Management, Journal of World Business, Journal of Business Venturing, Management International Review, among others. She served as the Editor-in-Chief of Business Horizons and an Associate Editor and Special Issue Editor of Global Strategy Journal. She has also served on the editorial review boards of many journals, including the Academy of Management Journal and Journal of International Business Studies. Dan has been a longtime and active AIB member, serving as Track Chair/Co-Chair for the AIB annual conferences in Istanbul (2013) and in Minneapolis (2018), and on the Local Arrangements Committee for the AIB conference in Indianapolis (2007). She has also co-chaired doctoral consortia, organized panels/PDWs, and served as a panelist for many AIB events over the years. Being on the executive board of the Women in AIB (WAIB), Dan served WAIB in various roles including faculty-at-large and secretary-treasurer, between 2007 and 2015. Visit https://www.aib.world/frontline-ib/dan-li/ for the original video interview.

The Strategy Skills Podcast: Management Consulting | Strategy, Operations & Implementation | Critical Thinking

Welcome to Strategy Skills episode 253, an episode with Emeritus Professor at UCLA Anderson, Richard Rumelt. Get Richard's book here: https://amzn.to/3OrNfuK In this episode, Richard iterated the real meaning of strategy, which many companies today confuse with a list of their goals and ambitions. Strategy is problem-solving – a clever way of dealing with a challenge, opponent, or problem. It also involves selecting which battle you fight because you cannot fight them all. As a great strategist, you need to select battles that you can win.  Richard also explained the crux or the biggest challenge that companies need to identify, emphasize, and concentrate their resources on until it is fixed or solved. As Richard mentioned in this episode, “the primary thing about strategy is that it is about a concentration of resources. It is about focus.” Richard Rumelt received his doctorate from the Harvard Business School in 1972, having previously earned a Master of Science in electrical engineering from UC Berkeley. He worked as a systems engineer at the Jet Propulsion Laboratories and served on the faculty of the Harvard Business School. He joined the UCLA faculty in 1976. He also served as a faculty at INSEAD, France for three years. At INSEAD, Rumelt headed the Corporate Renewal Initiative, a research-intervention center devoted to the study and practice of corporate transformation. Rumelt was president of the Strategic Management Society from 1995 to 1998. He received the Irwin Prize for his book Strategy, Structure, and Economic Performance. In 1997, he was appointed Telecom Italia Strategy Fellow, a position he held until April 2000. He has won teaching awards at UCLA and received a best paper prize in 1997 from the Strategic Management Journal. Get Richard's book here: The Crux: How Leaders Become Strategists, Richard Rumelt: https://amzn.to/3OrNfuK Enjoying our podcast? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo

But Why?
LUCK AND SERENDIPITY WITH DR CHRISTIAN BUSCH

But Why?

Play Episode Listen Later Jun 22, 2022 53:16


This week Clemmie talks luck and serendipity with Dr Christian Busch, who is the bestselling author of Connect the Dots: The Art & Science of Creating Good Luck, and an internationally known expert in the areas of innovation, purpose-driven leadership, and serendipity. Clemmie and Christian explore how we can make our own luck, how embracing the unexpected can lead to a more fulfilling life, and how there might actually be science behind serendipity. Christian is the director of the CGA Global Economy Program at New York University (NYU), and also teaches at the London School of Economics (LSE). His work has been featured by outlets such as the Strategic Management Journal, Harvard Business Review, Forbes, The Guardian, Washington Post, and the BBC. He is a regular speaker at conferences such as the World Economic Forum, TEDx, and Financial Times Summit, and is a member of the World Economic Forum's (WEF) Expert Forum, a Fellow of the Royal Society of Arts, and on the Thinkers50 Radar list of the 30 thinkers "most likely to shape the future." Find him on Twitter: @ChrisSerendip. And you can also find Clemmie on Instragram @Clemmie_Telford. Learn more about your ad choices. Visit megaphone.fm/adchoices

New Things Under the Sun
How common is independent discovery?

New Things Under the Sun

Play Episode Listen Later Jun 22, 2022 34:00


An old divide in the study of innovation is whether ideas come primarily from individual/group creativity, or whether they are “in the air”, so that anyone with the right set of background knowledge will be able to see them. In this episode, I look at how much redundancy there is in innovation: if the discoverer of some idea had failed to find it, would someone else have figured it out later?This podcast is an audio read through of the (initial draft of the) post How common is independent discovery?, originally published on New Things Under the Sun.Articles Mentioned:Ogburn, William F., and Dorothy Thomas. 1922. Are Inventions Inevitable? A Note on Social Evolution. Political Science Quarterly 37(1): 83-98. https://www.jstor.org/stable/2142320Haagstrom, Warren O. 1974. Competition in Science. American Sociological Review 39(1): 1-18. https://doi.org/10.2307/2094272Hill, Ryan, and Carolyn Stein. 2020. Scooped! Estimating Rewards for Priority in Science. Working Paper.Painter, Deryc T., Frank van der Wouden, Manfred D. Laubichler, and Hyejin Youn. 2020. Quantifying simultaneous innovations in evolutionary medicine. Theory in Biosciences 139: 319-335. https://doi.org/10.1007/s12064-020-00333-3Bikard, Michaël. 2020. Idea Twins: Simultaneous discoveries as a research tool. Strategic Management Journal 41(8): 1528-1543. https://doi.org/10.1002/smj.3162Ganguli, Ina, Jeffrey Lin, and Nicholas Reynolds. 2020. The Paper Trail of Knowledge Spillovers: Evidence from Patent Interferences. American Economic Journal: Applied Economics 12(2): 278-302. https://doi.org/10.1257/app.20180017Lück, Sonja, Benjamin Balmier, Florian Seliger, and Lee Fleming. 2020. Early Disclosure of Invention and Reduced Duplication: An Empirical Test. Management Science 66(6): 2677-2685.  https://doi.org/10.1287/mnsc.2019.3521Iaria, Alessandro, Carlo Schwarz, and Fabian Waldinger. 2018. Frontier Knowledge and Scientific Production: Evidence from the Collapse of International Science. Quarterly Journal of Economics: 927-991. https://doi.org/10.1093/qje/qjx046Borjas, George J., and Kirk B. Doran. 2012. The Collapse of the Soviet Union and the Productivity of American Mathematicians. The Quarterly Journal of Economics 127(3): 1143-1203. https://doi.org/10.1093/qje/qjs015Hill, Ryan, and Carolyn Stein. 2021. Race to the bottom: competition and quality in science. Working paper.Cotropia, Christopher Anthony, and David L. Schwartz. 2018. Patents Used in Patent Office Rejections as Indicators of Value. SSRN Working Paper https://dx.doi.org/10.2139/ssrn.3274995

Frontline IB: Conversations With International Business Scholars

René Belderbos is full professor of Strategy at KU Leuven (Belgium) and part-time professor of International Corporate Strategy at Maastricht University and UNU-MERIT (The Netherlands). He received a doctoral degree in economics from Erasmus University Rotterdam. His research focuses on innovation strategies and international business strategies of multinational firms, including real option theory in international business, location strategies, global knowledge sourcing, top management teams and internationalization, international R&D collaboration, intellectual property rights and innovation, and knowledge spillovers. He has published widely in economics and management journals such as the European Economic Review, Review of Economics and Statistics, International Journal of Industrial Organization, Strategic Management Journal, Journal of Management, Journal of Management Studies, Journal of Product Innovation Management, Research Policy, World Development, the Journal of International Business Studies, Global Strategy Journal, Journal of Business Venturing, Regional Studies, and Environment and Planning, among others. His work has received more than 10000 citations and he is on the Stanford University list of most cited scholars in the business and economics domain. He is an associate editor of the Global Strategy Journal, an editorial board member of the Strategic Management Journal and the Journal of International Business Studies (JIBS,) and serves as consulting editor to JIBS. He has been consultant to the European Commission, the OECD, the Flemish, Belgian and Dutch governments, and the National Institute of Science and Technology Policy (NISTEP, Japan). Visit https://www.aib.world/frontline-ib/rene-belderbos/ for the original video interview.

Leadership and Loyalty™
2/2 Christian Busch, PhD: Serendipity and The Transfer of Trust

Leadership and Loyalty™

Play Episode Listen Later Jun 15, 2022 31:09


We've all met those folks who seem to have horseshoes inserted in their rectums. Things just seem to work out for them. Do the Gods favor them, or could there be a science of luck? There's a reasonable assumption that talent, skill, mental toughness, hard work, tenacity, optimism, growth mindset, and emotional intelligence determine how we distribute resources. We tend to give resources to those who have a history of success and often ignore those who have been unsuccessful, assuming that the most successful are also the most competent. But is this assumption correct?  In recent years, several studies and books, including those by risk analyst, Nassim Taleb, have suggested that luck and opportunity may play a far more significant role than we ever realized. Even if you don't believe in luck, you undoubtedly have had moments that seemed to have certain serendipity. I'm curious, have you ever considered that you may be able to manufacture that serendipity? Our guest for the next two episodes is Dr. Christian Busch. Christian is one of the world's leading experts in innovation, purpose-driven leadership, and serendipity.  He is the bestselling author of The Serendipity Mindset: The Art & Science of Creating Good Luck. Christian Busch also teaches at the London School of Economics (LSE), is a co-founder of Leaders on Purpose and the Sandbox Network, and is a former director of LSE's Innovation Lab. His work is featured by outlets such as the Strategic Management Journal, Harvard Business Review, Forbes, The Guardian, Washington Post, and the BBC. Christian is a member of the World Economic Forum's (WEF) Expert Forum, a Fellow of the Royal Society of Arts, a multi-TEDx speaker, and on the Thinkers50 Radar list of the 30 thinkers "most likely to shape the future." Website  http://www.theserendipitymindset.com    Social Media  https://www.facebook.com/SerendipityMindset  https://twitter.com/ChrisLSE  https://www.linkedin.com/in/christianwbusch Part 2) Serendipity and The Transfer of Trust  It's Not Fair, Now What  Dying from COVID, a Love Story  The Trust Transfer Strategy  How to Deal with The Fear of Rejection  Leveraging Regret  The Famous Lucky Experiment (how to become lucky)  "What if This is Not for That?" Serendipity in Action!  Why Secret introverts can Have Great "Luck"  The Search for Meaning . . Curious to discover how tapping into the Anatomy of Meaning can #actualize your #business, #culture, #Leadership and #tribe DovBaron.com "Those Who Control Meaning for The Tribe, Also Control The Movement of That Tribe" Learn more about your ad choices. Visit megaphone.fm/adchoices

Leadership and Loyalty™
1/2 Serendipity: The Art & Science of Creating Good Luck: Christian Busch

Leadership and Loyalty™

Play Episode Listen Later Jun 12, 2022 30:14


We've all met those folks who seem to have horseshoes inserted in their rectums. Things just seem to work out for them. Do the Gods favor them, or could there be a science of luck? There's a reasonable assumption that talent, skill, mental toughness, hard work, tenacity, optimism, growth mindset, and emotional intelligence determine how we distribute resources. We tend to give resources to those who have a history of success and often ignore those who have been unsuccessful, assuming that the most successful are also the most competent. But is this assumption correct?  In recent years, several studies and books, including those by risk analyst, Nassim Taleb, have suggested that luck and opportunity may play a far more significant role than we ever realized. Even if you don't believe in luck, you undoubtedly have had moments that seemed to have certain serendipity. I'm curious, have you ever considered that you may be able to manufacture that serendipity? Our guest for the next two episodes is Dr. Christian Busch. Christian is one of the world's leading experts in innovation, purpose-driven leadership, and serendipity.  He is the bestselling author of The Serendipity Mindset: The Art & Science of Creating Good Luck. Christian Busch also teaches at the London School of Economics (LSE), is a co-founder of Leaders on Purpose and the Sandbox Network, and is a former director of LSE's Innovation Lab. His work is featured by outlets such as the Strategic Management Journal, Harvard Business Review, Forbes, The Guardian, Washington Post, and the BBC. Christian is a member of the World Economic Forum's (WEF) Expert Forum, a Fellow of the Royal Society of Arts, a multi-TEDx speaker, and on the Thinkers50 Radar list of the 30 thinkers "most likely to shape the future." Website  http://www.theserendipitymindset.com    Social Media  https://www.facebook.com/SerendipityMindset  https://twitter.com/ChrisLSE  https://www.linkedin.com/in/christianwbusch Part 1) The Hook Strategy for Meaningful Accidents Why "It's not our/my fault" is killing your luck How one company massively grew business because of a complaint What is Smart Luck? Is there such a thing as Meaningful Accidents Either, or, Annnnnd How to apply the Hook Strategy Can Curiosity Create Luck A Strange Strategy for Dealing with Anxiety Near-Death and Serendipity . . Curious to discover how tapping into the Anatomy of Meaning can #actualize your #business, #culture, #Leadership and #tribe DovBaron.com "Those Who Control Meaning for The Tribe, Also Control The Movement of That Tribe" Learn more about your ad choices. Visit megaphone.fm/adchoices

Frontline IB: Conversations With International Business Scholars

Garry D. Bruton is a Professor of Management at the Neeley School of Business, Texas Christian University. His research interests are at the intersection of entrepreneurship, international business, and strategy. He has published over 100 articles in leading journals such as the Academy of Management Journal, Academy of Management Review, Strategic Management Journal, Journal of Business Venturing, Journal of International Business Studies, and Entrepreneurship Theory & Practice. In addition, he has co-authored three textbooks. He is currently an Associate Editor of the Strategic Entrepreneurship Journal. Previously he was also President of the Asia Academy of Management and former General Editor of the Academy of Management Perspectives and Journal of Management Studies. Visit https://www.aib.world/frontline-ib/garry-bruton/ for the original video interview.

Frontline IB: Conversations With International Business Scholars

For the past thirty years David J. Collis has been a professor at the Harvard Business School, where he was only the second ever full-time Adjunct Professor appointed, having also completed five years as the Frederick Frank Adjunct Professor of International Business Administration at the Yale School of Management and two years as a professor at Columbia Business School. The winner of the 50th Anniversary McKinsey Award for the best article in the Harvard Business Review in 2008, and a Harvard Business Review best-selling author, he is an expert on corporate strategy and global competition, and is the author of the recent books International Strategy: Context, Concepts and Choices; Corporate Strategy (with Cynthia Montgomery); and Corporate Headquarters (with Michael Goold and David Young). As the author of over thirty articles and book chapters, his work has been frequently published in the Harvard Business Review, Academy of Management Journal, Strategic Management Journal, and in many books including Managing the Multibusiness Company, International Competitiveness, and Beyond Free Trade. The over one hundred cases and articles he has authored have sold nearly 2.5 million copies, with over 14,000 citations. David Collis received an M.A. (1976) with a Double First from Cambridge University where he was the Wrenbury Scholar of the University. He graduated as a Baker Scholar from Harvard Business School, MBA (1978), and received a Ph.D. (1986) in Business Economics at Harvard University where he was a Dean's Doctoral Fellow. From 1978 to 1982 he worked for the Boston Consulting Group in London. He is currently a consultant to several major U.S. corporations, and on the Board of Directors of Cambridge in America, the Board of Trustees of the Hult International Business School, and the Advisory Boards of Vivaldi Partners, Muzzy Lane and formerly of Walter Scott, PICIS, Ocean Spray, and WebCT. He is also the cofounder of the elearning company E-Edge, and the advisory firm Ludlow Partners. Visit https://www.aib.world/frontline-ib/david-collis/ for the original video interview.  

360 Yourself!
Ep 173: Connect The Dots - (Author Christian Busch - Best Seller - Connecting The Dots)

360 Yourself!

Play Episode Listen Later Apr 10, 2022 53:20


Dr. Christian Busch is the bestselling author of Connect the Dots: The Art & Science of Creating Good Luck (“a wise, exciting, and life-changing book”; Arianna Huffington) and an internationally known expert in the areas of innovation, purpose-driven leadership, and serendipity. He is the director of the CGA Global Economy Program at New York University (NYU), and also teaches at the London School of Economics (LSE). He is a cofounder of Leaders on Purpose and the Sandbox Network, and a former director of LSE's Innovation Lab. His work has been featured by outlets such as the Strategic Management Journal, Harvard Business Review, Forbes, The Guardian, Washington Post, and the BBC. He is member of the World Economic Forum's (WEF) Expert Forum, a Fellow of the Royal Society of Arts, and on the Thinkers50 Radar list of the 30 thinkers "most likely to shape the future."  “Dr Christian Busch has spent a decade exploring how, if acted upon, unexpected encounters can enhance our worldview, expand our social circles and create new professional opportunities. From couples who met during chance encounters to businesspeople who invented world-changing ideas after a misfire, Dr Busch has studied hundreds of subjects who improved their lives by learning to see opportunities in the unexpected.   Connect the Dots is a revolutionary, well-researched exploration of an essential life skill that we can all develop and master.” To buy book below: Connect the Dots The Art and Science of Creating Good Luck https://blackwells.co.uk/bookshop/product/The-Serendipity-Mindset-by-Dr-Christian-Busch-author/9780241402122 Twitter: @ChrisSerendip. Host: Jamie Neale @jamienealejn Discussing rituals and habitual patterns in personal and work life. We ask questions about how to become more aware of one self and the world around us, how do we become 360 with ourselves? Host Instagram: @jamienealejn Podcast Instagram: @360_yourself Music from Electric Fruit Produced by Tom Dalby Composed by Toby Wright

Outthinkers
#44—Christian Busch: Creating Serendipity for Your Business

Outthinkers

Play Episode Listen Later Apr 8, 2022 23:13


Prof. Dr. Christian Busch is the bestselling author of The Serendipity Mindset: The Art & Science of Creating Good Luck. Arianna Huffington called it “a wise, exciting, and life-changing book” that Paul Polman says “provides excellent practical guidance for all.” Christian is an internationally-known expert in the areas of innovation, purpose-driven leadership, and serendipity. He is the director of the CGA Global Economy Program at NYU, and also teaches at the London School of Economics. He is a cofounder of Leaders on Purpose and the Sandbox Network, and a former director of LSE's Innovation Lab. His work has been featured by outlets such as the Strategic Management Journal,Harvard Business Review, Forbes, The Guardian, Washington Post, and the BBC. He is member of the World Economic Forum's (WEF) Expert Forum, a Fellow of the Royal Society of Arts, and on the Thinkers50 Radar list of the 30 thinkers "most likely to shape the future. In this podcast, he shares: His concept that luck (or serendipity) is not random, but can actually be cultivated Some of the specific characteristics and practices of organizations that are able to turn unexpected events, trends, market developments into opportunity Some really practical ways you can start generating more luck, for yourself, your life, and your organization __________________________________________________________________________________________"That...idea that we have to stick to the plan is something that...portrays authority, portrays the idea that we are reliable and dependable, but actually a lot of times it does the opposite in the end because we now have an incentive to hide numbers, to somehow try to figure out how we can tweak the budgets to still look good. And so actually from a performer perspective, we actually a lot of times do the opposite."-Christian Busch__________________________________________________________________________________________Episode Timeline:00:00—Introducing Christian+ The topic of today's episode2:23—What is your definition of strategy?4:23—How did you get into the idea of serendipity?5:28—How can serendipity be applied to business?7:10—What are the barriers to seeing these opportunities that serendipity affords?10:52—What are other leverage points to embed serendipity into a company's culture?13:05—How companies can encourage or kill serendipity21:30—What is something people get wrong? 17:40—Could you explain your concept of casting hooks?19:04—How can people connect with you?__________________________________________________________________________________________Additional Resources: Company Page: https://theserendipitymindset.com/Twitter: https://twitter.com/chrisserendipLinkedIn: https://www.linkedin.com/today/author/christianwbusch

Outthinkers
#44—Christian Busch: Creating Serendipity for Your Business

Outthinkers

Play Episode Listen Later Apr 8, 2022 23:13


Prof. Dr. Christian Busch is the bestselling author of The Serendipity Mindset: The Art & Science of Creating Good Luck. Arianna Huffington called it “a wise, exciting, and life-changing book” that Paul Polman says “provides excellent practical guidance for all.” Christian is an internationally-known expert in the areas of innovation, purpose-driven leadership, and serendipity. He is the director of the CGA Global Economy Program at NYU, and also teaches at the London School of Economics. He is a cofounder of Leaders on Purpose and the Sandbox Network, and a former director of LSE's Innovation Lab. His work has been featured by outlets such as the Strategic Management Journal,Harvard Business Review, Forbes, The Guardian, Washington Post, and the BBC. He is member of the World Economic Forum's (WEF) Expert Forum, a Fellow of the Royal Society of Arts, and on the Thinkers50 Radar list of the 30 thinkers "most likely to shape the future. In this podcast, he shares: His concept that luck (or serendipity) is not random, but can actually be cultivated Some of the specific characteristics and practices of organizations that are able to turn unexpected events, trends, market developments into opportunity Some really practical ways you can start generating more luck, for yourself, your life, and your organization __________________________________________________________________________________________"That...idea that we have to stick to the plan is something that...portrays authority, portrays the idea that we are reliable and dependable, but actually a lot of times it does the opposite in the end because we now have an incentive to hide numbers, to somehow try to figure out how we can tweak the budgets to still look good. And so actually from a performer perspective, we actually a lot of times do the opposite."-Christian Busch__________________________________________________________________________________________Episode Timeline:00:00—Introducing Christian+ The topic of today's episode2:23—What is your definition of strategy?4:23—How did you get into the idea of serendipity?5:28—How can serendipity be applied to business?7:10—What are the barriers to seeing these opportunities that serendipity affords?10:52—What are other leverage points to embed serendipity into a company's culture?13:05—How companies can encourage or kill serendipity21:30—What is something people get wrong? 17:40—Could you explain your concept of casting hooks?19:04—How can people connect with you?__________________________________________________________________________________________Additional Resources: Company Page: https://theserendipitymindset.com/Twitter: https://twitter.com/chrisserendipLinkedIn: https://www.linkedin.com/today/author/christianwbusch

Frontline IB: Conversations With International Business Scholars

Jane Lu is Chair Professor and Head of Department of Management, City University of Hong Kong. She received her MBA from China Europe International Business School (CEIBS) and Ph.D. from the Ivey School of Business, Western University. She started her academic career at National University of Singapore where she was promoted to Associate Professor with tenure. She served as James Riady Chair Professor in Asian Business and Economics and Director of the Centre for Asian Business and Economics at the University of Melbourne (2013-2017), and Parkland Chair Professor of Strategy and Director of the Centre for Emerging Market Studies at CEIBS (2017-2019), prior to joining CityU. Jane's research centers on the intersection between organization theory and strategy with a focus on international strategy and non-market strategy. Her earlier research investigates broad level issues that underlie the international strategy of a firm, as well as specific strategic questions, such as how to make a successful foreign entry into a country, or how to manage successfully in a foreign country.    Her recent research continues this line of research but with a focus on emerging market firms and their non-market strategies. Her work has appeared in Academy of Management Journal, Administrative Science Quarterly, Strategic Management Journal, Journal of Management and Journal of International Business Studies, and other leading journals. She served as Editor-in-Chief of Asia Pacific Journal of Management (2016-2018). She is currently a Senior Editor of Journal of World Business and a Consulting Editor of Journal of International Business Studies. Jane has been involved with the IB scholarly community for many years. She served on Doctoral and Junior Faculty Consortia at AIB and AOM conferences for years, AIB's Haynes Prize Award committee for three years and chaired it in the fourth year. She also served as track chair in AIB conferences (2013 and 2021). Visit https://www.aib.world/frontline-ib/jane-lu/ for the original video interview.  

Frontline IB: Conversations With International Business Scholars

Mansour Javidan is Garvin Distinguished Professor and Director of Najafi Global Mindset Institute at Thunderbird School of Global Management, Arizona State University. He received his MBA and Ph.D. degrees from the Carlson School at the University of Minnesota. Mansour was recently recognized as among the top 100 most influential (i.e., top 0.6%) authors in Organization Behavior in the world.  He is also recognized as among the top 2% most cited scientists in the field of business and management in the world. His article on global leadership recently received the Decade's Best Paper Award (2006- 2016) by the Academy of Management Perspectives. He has published in Harvard Business Review, Journal of International Business Studies, Journal of World Business Organization Science, Strategic Management Journal, Academy of Management Perspectives, Leadership Quarterly, Management International Review, among others. Mansour is Past President and Chairman of the Board of Directors of the GLOBE (Global Leadership and Organizational Behavior Effectiveness, globeproject.com) research program.  He is currently the Project Director and Principal Co-Investigator of GLOBE 2020, working with a team of 472 researchers studying culture change, leadership ideals, and trust dynamics in over 140 countries. The project has received close to $1.5 million in funding. Mansour has offered executive development programs and conducted consulting projects in over 30 countries.  His clients include NASA, Abbott Labs, Accenture, U.S. Department of Commerce, the U.S. Marshals Service, Aditya Birla, Alstom, Raytheon, Lockheed Martin, Statoil, BAE Systems, Bank Mandiri, BP, Cisco, Johnsosn & Johnson, Chevron, Telcom Indonesia, ExxonMobil, Commerzbank, Dell Computers, Scotiabank, Metlife, Europharma, Merck, Dow Chemical, Huawai, McCormick, and SABIC. Visit https://www.aib.world/frontline-ib/mansour-javidan/ for the original video interview.

Brain for Business
Episode 45: Why some teams succeed fast but fail slow, with Professor Louise Mors, Copenhagen Business School

Brain for Business

Play Episode Listen Later Apr 6, 2022 21:52


In a recent paper published in the journal Research Policy, Professor Louise Mors of Copenhagen Business School, together with Professor David Waguespack of the University of Maryland explore the collaboration process undertaken by research teams. In particular they consider situations where teams are geographically dispersed and the challenges of coordination they face. A key, intriguing finding: dispersed teams tend to succeed fast, but fail slow! Louise Mors is a Professor of Strategic and International Management at the Copenhagen Business School and has also been on the faculty at the London Business School. She has a PhD from INSEAD in France and was a post-doc at the Sloan School at MIT. With a focus on large, global firms, Professor Mors' research examines the relationship between senior managers' informal networks, organization design and performance. Recently her work has also examined the role of female directors on corporate boards. Professor Mors' work has been published in the top strategy and management journals, such as the Strategic Management Journal, Organization Science and the Academy of Management Journal. You can find out more about Louise's research into teams here: https://hbr.org/2021/05/research-dispersed-teams-succeed-fast-fail-slow And on her CBS page: https://www.cbs.dk/en/research/departments-and-centres/department-of-strategy-and-innovation/staff/lmsi

Frontline IB: Conversations With International Business Scholars

Esteban García-Canal is Professor of Management and International Business at the University of Oviedo (Spain), where he is the Director of IUDE Business School and holds the Chair in Business Growth and Internationalization. He received his PhD in Economics and Business from the University of Oviedo, after completing the PhD coursework at the University of Navarra, of whose Institute of Business and Humanism he is a member. His research interests are focused on the confluence between organizational economics, corporate strategy, and international business. Author of more than 90 articles published in leading economics, management, and international business journals, such as Strategic Management Journal, Academy of Management Perspectives, Research Policy, Organization Studies, Journal of International Management, Journal of Management Studies, Harvard Business Review, Journal of World Business, Global Strategy Journal, Journal of Institutional & Theoretical Economics, Management International Review, Business History, International Business Review, Industry and Innovation, R&D Management or Long Range Planning, among others. His most recent books are The New Multinationals and Emerging Markets Rule, coauthored with Mauro Guillén. He currently is or has been a member of the editorial boards of the Journal of International Business Studies (JIBS), Journal of Management Studies, Management International Review, Global Strategy Journal, Management Research, BRQ Business Research Quarterly, or Universia Business Review. He has been President of the International Management Division of the Asociación Científica de Economía y Dirección de la Empresa (ACEDE) and coordinator of the Economics and Management Division of the Agencia Estatal de Investigación (Research Grants Council) in Spain. Visit https://www.aib.world/frontline-ib/esteban-garcia-canal/ for the original video interview.

The Strategy Skills Podcast: Management Consulting | Strategy, Operations & Implementation | Critical Thinking

Welcome to Strategy Skills episode 227, an episode with a well-recognized professor, Ben M. Bensaou. Many people think that you need a genius leader or need to become a start-up to innovate. But we all have the potential to innovate. In this episode, Ben speaks about everyone's role in innovation and how it can be performed like a habit in our everyday lives. He also discussed the need to develop a deeper understanding of customers and create a culture of collaborating with customers to offer the ideal combination of performance, attributes, price, and other characteristics that customers need and want, or produce a product and service with a powerful market appeal. Ben M. Bensaou is a Professor of Technology Management and Professor of Asian Business and Comparative Management at INSEAD, Fontainebleau, France. He served as Dean of Executive Education in 2018–2020. He was a Visiting Associate Professor at Harvard Business School in 1998-1999, a Senior Fellow at the Wharton School of Management in 2007-2008, and a Visiting Scholar at the Haas School of Business at the University of California Berkeley in 2013-2015. He received his PhD in Management from MIT Sloan School of Management, Cambridge, US, and his MA in Management Science from Hitotsubashi University, Tokyo, Japan; his Diplôme d'Ingénieur (MSc) in Civil Engineering and DEA in Mechanical Engineering from respectively the Ecole Nationale des TPE, Lyon and the Institut National Polytechnique de Grenoble, two Grandes Ecoles in France. His research and teaching activities focus on: (1) how to create innovating capabilities and competencies as a way to build an innovating organization and culture; (2) Blue Ocean Strategy and value innovation implementation, and roll out processes across the whole organization; (3) how to build social capital within firms; (4) new forms of organizations, in particular networked corporations, strategic alliances, joint ventures, and value-adding partnerships; and (5) the impact of information technology on innovation. Professor Bensaou addresses these issues from an international comparative perspective, with a special focus on Japanese organizations. Professor Bensaou's research on buyer-supplier relations in the US and Japanese auto industries won him the Best Doctoral Dissertation Award in the field of information systems and a finalist nomination for the Free Press Award for outstanding dissertation research in the field of business policy and strategy. His case studies on innovation won the 2006, 2008 and 2009 ECCH Best Case Awards (with Kim & Mauborgne). His publications include papers in Academy of Management Journal, Management Science, Information Systems Research, Organization Science, Strategic Management Journal, Journal of International Business Studies, Harvard Business Review, Sloan Management Review, book chapters and conference proceedings. He has been a member of the Editorial Board of Information Systems Research, MIS Quarterly and MISQ Executive. He has been listed in the Who's Who in the World since 1998. He has been consulting for Asian, European and US corporations since 1993. At INSEAD, Professor Bensaou developed two new MBA courses: 'Managing Networked Organisations' and 'Understanding Japanese Business.' He also teaches courses on Competitive Strategy, Innovation, Blue Ocean Strategy and Value Innovation, Information Technology and Comparative Management (in English and French). He was a Visiting Professor at Aoyama Gakuin University, Tokyo, where he taught his 'Information Technology and Corporate Transformation' course. He has also been teaching (in Japanese) in Executive Education programs at Keio Business School, Tokyo, Japan. Get Ben's book here: Built to Innovate: Essential Practices to Wire Innovation into Your Company's DNA. Ben M. Bensaou  Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo

The Irish Tech News Podcast
Connect The Dots: The Art and Science of creating good luck, with author Christian Busch

The Irish Tech News Podcast

Play Episode Listen Later Mar 14, 2022 21:52


In this episode, Shane is Joined by Christian Busch, Author of The Serendipity Mind and the recently released Connect The Dots: The Art and Science of creating good luck. Christian starts by explaining his background and how it lead him to where he is now and what the Serendipity Mindset is all about. Christian goes on to talk about the role technology can have in helping each individual to create their own luck, gives his top bits of advice for someone looking to start creating their own look going forward and finally, he discusses his plans for the future. About Christian Prof. Dr. Christian Busch is the bestselling author of Connect the Dots: The Art & Science of Creating Good Luck – “a wise, exciting, and life-changing book” (Arianna Huffington) that provides “excellent practical guidance for all” (Paul Polman, former CEO, Unilever) – and an internationally known expert in the areas of innovation, purpose-driven leadership, and serendipity. He is the director of the CGA Global Economy Program at New York University (NYU), and also teaches at the London School of Economics (LSE). He is a co-founder of Leaders on Purpose and the Sandbox Network and a former director of LSE's Innovation Lab. His work has been featured by outlets such as the Strategic Management Journal, Harvard Business Review, Forbes, The Guardian, Washington Post, and the BBC. He is a member of the World Economic Forum's (WEF) Expert Forum, a Fellow of the Royal Society of Arts, and on the Thinkers50 Radar list of the 30 thinkers "most likely to shape the future." Twitter: https://twitter.com/ChrisSerendip LinkedIn: linkedin.com/in/christianwbusch Connect the Dots: https://blackwells.co.uk/bookshop/product/The-Serendipity-Mindset-by-Dr-Christian-Busch-author/9780241402122 About Shane Shane is currently interning with Irish Tech News. He is in his third year of studying Journalism at NUI Galway where he also studies IT and is studying programming and web development.

Ethnography Atelier Podcast
Episode 12 - Stine Grodal: Archival Methods

Ethnography Atelier Podcast

Play Episode Listen Later Mar 11, 2022 51:16


In this episode with Professor Stine Grodal, we explored the promises and challenges of archival research. We discussed Stine's use of archival methods in contexts such as nanotechnologies or the tobacco or hearing aid industry. Stine reflects on the kinds of research questions best addressed with archival data and provides specific sampling and analytical strategies researchers can take to approach archival datasets. She also shares advice on where to look for archival data, how to start, when to combine archival research with other research methods, and the benefits of being creative in our methodological approach.Stine Grodal is Distinguished Professor at Northeastern University D'Amore-McKim School of Business in the department of Entrepreneurship and Innovation. She received her PhD from Stanford University in Management Science and Engineering. Stine examines the emergence of categories in nascent markets and the strategic actions market participants take to create and exploit these emerging social structures. Stine's Profile: https://damore-mckim.northeastern.edu/people/stine-grodal/Further information:Hsu, G. and Grodal, S. 2021 The double-edged sword of oppositional category positioning: A study of the U.S. e-cigarette category, 2007-2017, Administrative Science Quarterly, 66(1): 86–132 Grodal, S. 2018. Field expansion and contraction: How communities shape social and symbolic boundaries. Administrative Science Quarterly, 13(4): 783–818. Kahl, S. and Grodal, S. 2016. Discursive strategies and radical technological change: Multilevel discourse analysis of the early computer (1947-1958), Strategic Management Journal, 37(1): 149-166. Langley, A. 1999. Strategies for Theorizing from Process Data. The Academy of Management Review, 24(4): 691.

Frontline IB: Conversations With International Business Scholars

Eric W. K. Tsang received his Ph.D. from the University of Cambridge. Before joining academia, he worked as corporate banker at HSBC in Hong Kong. He is the Dallas World Salute Distinguished Professor at the Jindal School of Management, University of Texas at Dallas, and is an AIB fellow. Dr. Tsang's research interests include foreign direct investment, strategic alliances, organizational learning, entrepreneurship, and philosophical analysis of methodological issues. He has published in top-tiered journals, such as Academy of Management Journal, Academy of Management Review, Journal of International Business Studies, MIS Quarterly, Marketing Science, and Strategic Management Journal. He has served on the editorial boards of most major IB journals − Journal of International Business Studies, Journal of International Management, Journal of World Business and Management International Review − in addition to other management journals. Besides being an IB researcher, Dr. Tsang is a leading scholar in applying philosophy to solve methodological problems related to assumption, explanation, generalization, ontology, replication, and theory testing. Some of these research results were included in his book The Philosophy of Management Research (Routledge, 2017). His 2016 Academy of Management Review article “A Realist Perspective of Entrepreneurship: Opportunities as Propensities” (with Stratos Ramoglou) contributes to the debate about the ontological nature of entrepreneurial opportunities. Dr. Tsang's publications have been well cited and have made significant contributions to the IB and other literatures. For example, his article “Social Capital, Networks, and Knowledge Transfer” (with Andrew Inkpen) won the 2015 Academy of Management Review Decade Award. Visit https://www.aib.world/frontline-ib/eric-tsang/ for the original video interview.

The Leading Edge
How Digital Do You Really Need to Be? With Julian Birkinshaw, Professor of Strategy and Entrepreneurship at the London Business School

The Leading Edge

Play Episode Listen Later Feb 23, 2022 34:48


Julian Birkinshaw is a Professor of Strategy and Entrepreneurship at the London Business School. He has been on the faculty for 23 years, where he is also the Academic Director of the Insitute of Entrepreneurship and Private Capital. Birkinshaw is a Fellow of the British Academy, the Academy of Social Sciences, and the Academy of International Business. Birkinshaw is a recognized expert in innovation, entrepreneurship, and renewal in large corporations. He has written 15 books, including Fast/Forward and Becoming a Better Boss. He's also published over 90 articles in journals such as the Harvard Business Review, MIT Sloan Management Review, and the Strategic Management Journal. In this episode: As the demand for digital intensifies, companies are feeling pressure to quickly digitize every facet of their strategy. This begs the question: is the “transform or die” mentality the key to success? When it comes to digital transformation, how do you separate strategic need from hype and salesmanship? Professor Julian Birkinshaw, an expert in innovation, strategy, and entrepreneurship, is looking beyond the headlines and using data to drive insight and answer the question: “How digital do you really need to be?”  Although digital disruption is a phenomenon that everyone is talking about, Birkinshaw says that much of the change is concentrated in the technology, media, telecom, and retail industries. Analyzing data from Fortune 500 companies between the mid-90s, when the Internet first started to become a business phenomenon, and present day, Birkinshaw found that only 17 out of 500 companies are less than 25 years old. The other 483 have been in existence since 1995 — or much earlier. What exactly does that mean for your company in the era of digital?  Although the transformative mindset is top-of-mind with a focus on digital revolutionaries such as Amazon, Google, and Apple, there aren't as many fully digital companies as you'd think. Your company doesn't have to completely transform itself in the digital world, but you should learn to adapt to the demand.  Birkinshaw suggests that incumbents take a look at their industry and decide which strategy is best to adapt — whether that's waiting out the disruption, fighting back, consolidating, or reinventing yourself. Above all, Birkinshaw advises the following: “We must not lose sight of our identity and our core [values], and we should not allow ourselves to be taken away from what it is that's always made us successful.” Birkinshaw talks about this and more as he joins Thomas A. Stewart on The Leading Edge — a place where new ideas emerge and are sharpened, and where leaders look to find the edge that brings success for themselves, their teams, and their enterprises. In this episode of The Leading Edge, Thomas A. Stewart is joined by Julian Birkinshaw, Professor of Strategy and Entrepreneurship at the London Business School, to talk about the truths of digitization. Birkinshaw breaks down the hype around digital disruption, shares stories of success and failure within digital transformation initiatives, and discusses the strategies established brands can use to become more agile in this fast-changing world.

Brain for Business
Episode 42: How can entrepreneurial teams become more innovative? With Professor Linus Dahlander, ESMT

Brain for Business

Play Episode Listen Later Feb 23, 2022 33:29


These days every organisation wants its teams to be more entrepreneurial and innovative. From holacracy to skunk-works and MBO to self-managing teams, a wide range of approaches have been tested over time. Yet what are the key variables that drive greater performance in entrepreneurial teams? In a recent paper published in the journal Organization Science, Professor Linus Dahlander and colleagues explored the way that entrepreneurial teams are organised and structured. By looking at two key variables – autonomy over who to work with or what to work on – Dahlander and colleagues identified some key approaches that leaders and organisations can use to help their teams be more creative and innovative. Linus Dahlander is a professor at the European School of Management and Technology - ESMT Berlin, Director of Research, and the holder of the Lufthansa Group Chair in Innovation. He received his PhD in from Chalmers University of Technology and undertook post doctoral studies at Stanford University. He was previously an assistant professor and an Advanced Institute of Management Research Fellow with the Innovation and Entrepreneurship Group at Imperial College Business School. Linus teaches in the areas of innovation, entrepreneurship, and networks, and is also a consultant and advisor to startups, large multinationals as well as government organizations on issues around innovation and networks. In 2017, Linus was recognized as one of the Best 40 Under 40 Professors by Poets & Quants. In his ongoing research Linus investigates how new ideas and innovations are developed in networks and communities. The ongoing projects use large-scale analysis of networks, which he integrates with a deeper appreciation for what content flows through networks. Linus seeks to study novel questions which can advance the academic literature, and which at the same time focus on issues that can affect how managers think about their business to help them make better decisions. Linus' research has been published in the Academy of Management Journal, Administrative Science Quarterly, Organization Science, Research Policy, and Strategic Management Journal among others. He served as an Associate Editor for the Academy of Management Journal in the 2013-2016 editorial team. The articles discussed in the interview can be accessed here: https://pubsonline.informs.org/doi/full/10.1287/orsc.2021.1520 (Boss, V., Dahlander, L., Ihl, C., & Jayaraman, R. (2021). Organizing Entrepreneurial Teams: A Field Experiment on Autonomy over Choosing Teams and Ideas. Organization Science.) https://hbr.org/2021/12/when-autonomy-helps-team-performance-and-when-it-doesnt

Network Capital
Book Discussion: Connect the Dots with Christian Busch

Network Capital

Play Episode Listen Later Jan 25, 2022 51:35


Dr. Christian Busch is an internationally known expert in the areas of innovation, purpose-driven leadership, and serendipity. He is the director of the CGA Global Economy Programme at New York University (NYU), and also teaches at the London School of Economics (LSE). A cofounder of Leaders on Purpose and the Sandbox Network - and a former director of LSE's Innovation Lab - he has worked with senior executives and governments around the world. He is member of the World Economic Forum's (WEF) Expert Forum, a Fellow of the Royal Society of Arts, and on the Thinkers50 Radar list of the 30 thinkers "most likely to shape the future." His work has been featured by outlets such as the Strategic Management Journal, Harvard Business Review, Forbes, The Guardian, and the BBC.

New Things Under the Sun
Adjacent Knowledge is Useful

New Things Under the Sun

Play Episode Listen Later Jan 20, 2022 12:41


The universe of knowledge is vast. Is there any rhyme or reason to searching through it? What kind of knowledge is most likely to be useful for an innovator?This is a big literature, but today I want to look at three papers that use different metrics to suggest knowledge which is distinct but close to your existing knowledge tends to be most useful.This is an audio read through of the (initial version of the) article Adjacent Knowledge is Useful, published on New Things Under the Sun.Articles mentionedLane, Jacqueline N., Ina Ganguli, Patrick Gaule, Eva Guinan, and Karim R. Lakhani. 2020. Engineering Serendipity: When does knowledge sharing lead to knowledge production? Strategic Management Journal: https://doi.org/10.1002/smj.3256Clancy, Matthew, Paul Heisey, Yongjie Ji, and GianCarlo Moschini. 2020. The Roots of Agricultural Innovation: Patent Evidence of Knowledge Spillovers. NBER Working Paper 27011. https://doi.org/10.3386/w27011Cornelius, Philpp B., Bilal Gokpinar, and Fabian J. Sting. 2020. Sparking Manufacturing Innovation: How Temporary Interplant Assignments Increase Employee Idea Values. Management Science. https://doi.org/10.1287/mnsc.2020.3673

New Things Under the Sun
How long does it take to go from science to technology?

New Things Under the Sun

Play Episode Listen Later Jan 16, 2022 18:26


Two different lines of evidence suggest 20 years is a good rule of thumb for how long it takes to go from science to technology: statistical correlations between R&D and productivity, and citations between patents and scientific articles.This podcast is an audio read through of the (initial version of the) article How long does it take to go from science to technology?, published in New Things Under the Sun.Articles mentioned:Adams, James D. 1990. Fundamental stocks of knowledge and productivity growth. Journal of Political Economy 98(4): 673-702. https://www.jstor.org/stable/2937764Baldos, Uris Lantz, Frederi G. Viens, Thomas W. Hertel, and Keith O. Fuglie. 2018. R&D spending, knowledge capital, and agricultural productivity growth: a Bayesian approach. American Journal of Agricultural Economics 101(1): 291-310. https://doi.org/10.1093/ajae/aay039Marx, Matt, and Aaron Fuegi. 2020. Reliance on science: Worldwide front-page patent citations to scientific articles. Strategic Management Journal 41(9): 1572-1594. https://doi.org/10.1002/smj.3145Marx, Matt, and Aaron Fuegi. 2020. Reliance on science by inventors: hybrid extraction of in-text patent-to-article citations. NBER Working Paper 27987. https://ssrn.com/abstract=3718899Arora, Ashish, Sharon Belenzon, and Lia Sheer. 2017. Back to basics: why do firms invest in research? NBER Working Paper 23187. https://ssrn.com/abstract=2920404Watzinger, Martin, and Monika Schnitzer. 2019. Standing on the Shoulders of Science. CEPR Discussion Paper No. DP13766. https://ssrn.com/abstract=3401853Ahmadpoor, Mohammad, and Benjamin F. Jones. 2017. The Dual Frontier: Patented inventions and prior scientific advance. Science357(6351): 583-587. https://doi.org/10.1126/science.aam9527

New Things Under the Sun
Importing Knowledge

New Things Under the Sun

Play Episode Listen Later Jan 16, 2022 18:40


When a scientist or inventor migrates, they take their knowledge with them. And in the right environment, that knowledge can act as the seed of something much larger than an individual can accomplish.This is an audio read through of the (initial draft of the) article Importing Knowledge, published on New Things Under the Sun.Articles Mentioned:Moser, Petra, Alessandra Voena, and Fabian Waldinger. 2014. German Jewish Émigrés and US Invention. American Economic Review 104(10): 3222-55. https://doi.org/10.1257/aer.104.10.3222Ferrucci, Edoardo. 2020. Migration, innovation and technological diversion: German patenting after the collapse of the Soviet Union. Research Policy 49(9): 104057. https://doi.org/10.1016/j.respol.2020.104057Choudhury, Prithwiraj, and Do Yoon Kim. 2018. The ethnic migrant inventor effect: Codification and recombination of knowledge across borders. Strategic Management Journal 40(2): 203-229. https://doi.org/10.1002/smj.2977Bahar, Dany, Prithwiraj Choudhury, and Hillel Rapoport. 2020. Migrant inventors and the technological advantage of nations. Research Policy 49(9): 103947. https://doi.org/10.1016/j.respol.2020.103947Bernstein, Shai, Rebecca Diamond, Timothy McQuade and Beatriz Pousada. 2019. The contribution of high-skilled immigrants to innovation in the United States. Working Paper. Ganguli, Ina. 2015. Immigration and Ideas: What did Russian scientists “bring” to the United States? Journal of Labor Economics 33(S1P2). https://doi.org/10.1086/679741

New Things Under the Sun
More science leads to more innovation

New Things Under the Sun

Play Episode Listen Later Dec 23, 2021 19:40


Sometimes obvious ideas work: if you want more technology, more science helps. In this episode I look at four episodes where science was increased and we can detect positive follow-on effects in related technology fields.This podcast is an audio readthrough of the (initial version of the) article "More science leads to more innovation", published on New Things Under the Sun.Articles mentioned:Roach, Michael, and Wesley M. Cohen. 2012. Lens or Prism? Patent Citations as a Measure of Knowledge Flows from Public Research. Management Science 59(2): iv-527. https://doi.org/10.1287/mnsc.1120.1644Marx, Matt, and Aaron Fuegi. 2020. Reliance on science: Worldwide front-page patent citations to scientific articles. Strategic Management Journal 41(9): 1572-1594. https://doi.org/10.1002/smj.3145Iaria, Alessandro, Carlo Schwarz, and Fabian Waldinger. 2018. Frontier Knowledge and Scientific Production: Evidence from the Collapse of International Science. Quarterly Journal of Economics: 927-991. https://doi.org/10.1093/qje/qjx046Arora, Ashish, Sharon Belenzon, and Jungkyu Suh. 2021. Science and the Market for Technology. NBER Working Paper 28534.Tabakovic, Haris, and Thomas G. Wollmann. 2019. The impact of money on science: Evidence from unexpected NCAA football outcomes. Journal of Public Economics 178: 104066. https://doi.org/10.1016/j.jpubeco.2019.104066Azoulay, Pierre, Joshua S. Graff Zivin, Danielle Li, and Bhaven N. Sampat. 2019. Public R&D Investments and Private-sector Patenting: Evidence from NIH Funding Rules. Review of Economic Studies 86(1): 117-152. https://doi.org/10.1093/restud/rdy034

New Things Under the Sun
Science as a map of unfamiliar terrain

New Things Under the Sun

Play Episode Listen Later Dec 23, 2021 14:04


What kinds of technology benefit most from a scientific foundation to draw on? In this podcast I look at some papers suggesting it's especially helpful in unfamiliar domains. Places where the inventor is inexperienced, or the terrain especially treacherous.This is podcast is an audio readthrough of the (initial version of the) article "Science as a map of unfamiliar terrain" published on New Things Under the Sun.Articles mentioned:Arts, Sam, and Lee Fleming. 2018. Paradise of Novelty - or Loss of Human Capital? Exploring New Fields and Inventive Output. Organization Science 29(6): 1074-1092. https://doi.org/10.1287/orsc.2018.1216Kneeland, Madeline K., Melissa A. Schilling, and Barak S. Aharonson. 2020. Exploring Uncharted Territory: Knowledge Search Processes in the Origination of Outlier Innovation. Organization Science 31(3): 535-557. https://doi.org/10.1287/orsc.2019.1328Fleming, Lee, and Olav Sorenson. 2004. Science as a map in technological search. Strategic Management Journal 25(8-9): 909-928. https://doi.org/10.1002/smj.384Arora, Ashish, Sharon Belenzon, and Jungkyu Suh. 2021. Science and the Market for Technology. NBER Working Paper 28534. https://doi.org/10.3386/w28534

New Things Under the Sun
The "idea" of being an entrepreneur

New Things Under the Sun

Play Episode Listen Later Dec 23, 2021 13:00


What if one reason people don't become entrepreneurs is they just never think of it as as option for their lives? In this podcast, I review some papers suggesting this is the case.This is podcast is an audio readthrough of the (initial version) of the article 'The "idea" of being an entrepreneur' published on New Things Under the Sun.Articles mentioned:Lindquist, Matthew J., Joeri Sol, and Mirjam Van Praag. 2015. Why Do Entrepreneurial Parents Have Entrepreneurial Children? Journal of Labor Economics 33(2): 665-709. https://doi.org/10.1086/678493Rocha, Vera, and Mirjam van Praag. 2020. Mind the gap: the role of gender in entrepreneurial career choice and social influence by founders. Strategic Management Journal 41(5): 841-866. https://doi.org/10.1002/smj.3135Kacperczyk, Aleksandra J. 2013. Social influence and entrepreneurship: the effect of university peers on entrepreneurial entry. Organization Science 24(3): 645-683. https://doi.org/10.1287/orsc.1120.0773Nanda, Ramana, and Jesper B. Sørensen. 2010. Workplace Peers and Entrepreneurship. Management Science 56(7): 1116-1126. https://doi.org/10.1287/mnsc.1100.1179Eesley, Charles, and Yanbo Wang. 2017. Social influence in career choice: evidence from a randomized field experiment on entrepreneurial mentorship. Research Policy 46(3): 636-650. https://doi.org/10.1016/j.respol.2017.01.010Lerner, Josh, and Ulrike Malmendier. 2013. With a Little Help from my (Random) Friends: Success and Failure in Post-Business School Entrepreneurship. The Review of Financial Studies 26(10): 2411-2452. https://doi.org/10.1093/rfs/hht024Bell, Alex, Raj Chetty, Xavier Jaravel, Neviana Petkova, and John Van Reenen. 2018. Who becomes an inventor in america? The importance of exposure to innovation. The Quarterly Journal of Economics 134(2): 647-713. https://doi.org/10.1093/qje/qjy028

The Bizgnus Podcast
Making big changes by tweaking the little things

The Bizgnus Podcast

Play Episode Listen Later Dec 15, 2021 22:33


• It's the new strategy of “flexing” • Michigan business professor Sue Ashford explains how to do it (Total Recorded Time is 22:32) By making small, daily, changes, a person or even an organization can achieve new levels of personal and professional growth, says Sue Ashford, a professor of management and organizations at the University of Michigan's Ross School of Business. She's developed a technique that she says individuals, teams, even entire organizations can use to learn, grow, and develop skills and knowledge for every new project, work assignment, and problem. Ms. Ashford calls the technique “flexing.” She joins us on this Bizgnus Podcast to explain the concept and how it has worked. Ms. Ashford has put her techniques into a new book, “The Power Of Flexing,” (Harper Business; September 2021). She holds the Michael and Susan Jandernoa Professorship and is chair of the Management and Organizations group at the Ross School of Business at the University of Michigan. She has been recognized with two lifetime achievement awards for her scholarship from the Academy of Management and her academic work has been published in the Academy of Management Review, Academy of Management Journal, Administrative Science Quarterly, Strategic Management Journal, and the Journal of Applied Psychology. For more information: www.susanashford.com

Building Excellence with Bailey Miles
Aaron Hill - University of Florida Professor & Former Gonzaga Basketball Coach On Starting With The End In Mind & What You Tolerate Is What You Get

Building Excellence with Bailey Miles

Play Episode Listen Later Nov 29, 2021 79:09


#37: Starting with the end in mind and what you accept is what you get are all a part of the questions Aaron highlights in today's episode.  Aaron has a unique perspective as he was around Gonzaga basketball in the early years as the culture was being established. From basketball Aaron transitioned into teaching where he ultimately landed at Oklahoma State University. Aaron is currently a  Associate Professor in the Management Department of the Warrington College of Business at the University of Florida. He received his PhD from Oklahoma State University. His research focuses on strategic leadership and governance, examining what drives strategic leaders like executives and politicians to act as well as the ultimate implications of these individuals for organizational outcomes. Aaron's research has been published in outlets such as the Academy of Management Journal, Strategic Management Journal, and Journal of Management, among others. Aaron is an active member of professional organizations dedicated to the field of management, including the Academy of Management, Strategic Management Society, and Southern Management Association. Within the Strategic Management Society, he currently serves in the officer rotation of the Strategic Leadership & Governance Interest Group and he has previously served both on the advisory panel for the Research Methods Community and as a Representative at Large in the Strategic Leadership & Governance Interest Group. He also co-chaired a Strategic Management Society special conference focusing on theories and practice relevant to strategic leadership and governance. Aaron also served a three-year term on the board of directors for the Southern Management Association. He currently serves as an Associate Editor for the Journal of Management and is on the editorial boards of the Academy of Management Journal, Strategic Management Journal, and Strategic Organization.Enjoy the show!

Frontline IB: Conversations With International Business Scholars

Dr. Sharon Alvarez is the Thomas W. Olofson Chair in Entrepreneurial Studies at the Joseph M. Katz Graduate School of Business, University of Pittsburgh. She previously served as the Walter Koch Endowed Chair in Entrepreneurship at the Daniels College of Business, University of Denver, and, prior to that Associate Professor of Entrepreneurship and Management and the Academic Director of the Center for Entrepreneurship at the Max M. Fisher College of Business, The Ohio State University. A Max Planck Scholar at the Max Planck Institute for Entrepreneurship and Economic Systems Research, Alvarez has been a visiting professor at Sun-Yet-Sen University in China, the University of Alberta, and the University of Utah. Her current research includes entrepreneurship theory of opportunities, firm, and market emergence. Elected to the Board of Governors of the Academy of Management in 2020, Professor Alvarez is currently Vice President Elect and Program Chair and will serve as President in 2023; she is Past Chair of the Entrepreneurship Division of the Academy of Management and was the 2015 Denver Program Chair for the Strategic Management Society as well as Representative at Large for the SMS Entrepreneurship Interest Group. She is associate editor for the Academy of Management Review and past associate editor for Strategic Entrepreneurship Journal. Her work has been published in a multitude of journals and outlets, including Academy of Management Review, Organization Science, Strategic Management Journal, Strategic Entrepreneurship Journal, Academy of Management Perspectives, Academy of Management Executive, Journal of Business Venturing, Journal of Management, and Human Resource Management Journal. The recipient of numerous awards for excellence in research and teaching, Professor Alvarez's paper (with Barney) “Discovery and Creation: Alternative Theories of Entrepreneurial Action” won the Academy of Management's Entrepreneurship Division 2019 Foundational Paper Award as well as the Strategic Entrepreneurship Journal Best Paper Award; her paper (with Barney) “Forming and Exploiting Opportunities: The Implications of Discovery and Creation Processes for Entrepreneurial and Organizational Research” was the runner-up for the INFORMS award; and her paper (with Barney) “How Entrepreneurs Organize under Conditions of Uncertainty” won the Journal of Management Best Paper Award. Her work in the Journal of Management is the 27th most cited article in the last 50 years; she has currently close to 13,000 citations overall. To this day, the paper “Discovery and Creation: Alternative Theories of Entrepreneurial Action” is the most cited paper in the Strategic Entrepreneurship Journal. Visit https://www.aib.world/frontline-ib/sharon-alvarez/ for the original video interview.  

BCG Henderson Institute
Open Strategy with Christian Stadler

BCG Henderson Institute

Play Episode Listen Later Oct 12, 2021 28:10


Christian Stadler is a Professor of Strategic Management at Warwick Business School and a member of the Editorial Board of the Strategic Management Journal and Strategic Organization. Through his research, Christian primarily examines long-term corporate sustainability — how companies grow, adapt, and beat their competitors through learning, innovating, and diversifying. Together with Julia Hautz, Kurt Matzler, Stephan Friedrich von den Eichen, he recently published Open Strategy, a persuasive call to action for companies to “open up” their strategy process to people outside the C-suite — whether they are external customers, internal employees, or complete bystanders. The authors argue that history is flooded with examples of companies, governments, and individuals who faced problems that could have been solved with openness — the book analyzes these examples to warrant the overall premise of opening up strategy. In a conversation with Martin Reeves, Chairman of the BCG Henderson Institute, Christian discusses insights from the book and how open strategy can be used in all three elements of the strategic design process (ideation, formulation, execution). *** About the BCG Henderson Institute The BCG Henderson Institute is the Boston Consulting Group's think tank, dedicated to exploring and developing valuable new insights from business, technology, economics, and science by embracing the powerful technology of ideas. The Institute engages leaders in provocative discussion and experimentation to expand the boundaries of business theory and practice and to translate innovative ideas from within and beyond business. For more ideas and inspiration, sign up to receive BHI INSIGHTS, our monthly newsletter, and follow us on LinkedIn and Twitter.

Frontline IB: Conversations With International Business Scholars

Masaaki “Mike” Kotabe has a joint appointment at the Graduate School of Business and Finance, Waseda University in Tokyo, Japan and at the Shidler College of Business at University of Hawaii at Manoa in the United States.  Previously, he held the Washburn Chair Professorship at the Fox School of Business at Temple University in 1998-2021, and the Ambassador Edward Clark Centennial Endowed Fellow and Professorship in Marketing and International Business at the University of Texas at Austin in 1990-98. Dr. Kotabe also served as President of the Academy of International Business in 2016-7. He has written over 150 scholarly publications in such journals as Journal of International Business Studies, Journal of Marketing, Strategic Management Journal, and Academy of Management Journal.  He has also published more than 20 books, including Global Sourcing Strategy (1992), Anticompetitive Practices in Japan (1996), MERCOSUR and Beyond (1996), Market Revolution in Latin America (2001), Emerging Issues in International Business Research (2002), Global Supply Chain Management (2006), and Global Marketing Management, 8th  ed. (2020). Dr. Kotabe was elected a Fellow of the Academy of International Business in 1998 and a Fellow of the Japan Academy of International Business Studies in 2017, for his significant contribution to international business research and education.  He has been recognized as one of the most prolific and influential researchers in international business / marketing / strategic management in a number of circles.  Most recently, he received a Gold Medalist award from the Academy of International Business as one of the most published researchers in the world over the Past 50 Years in the Journal of International Business Studies in 2019. Visit https://www.aib.world/frontline-ib/mike-kotabe/ for the original video interview.

Just Get Started Podcast
#179 Dr. Christian Busch on The Serendipity Mindset

Just Get Started Podcast

Play Episode Listen Later Sep 14, 2021 56:43


Episode 179 features Dr. Christian Busch, Author of The Serendipity Mindset and one of the world's leading experts on innovation, purpose-driven leadership, and cultivating serendipity.Check out his book, The Serendipity Mindset: The Art & Science of Creating Good Luck - https://www.amazon.com/Serendipity-Mindset-Science-Creating-Good/dp/0593086023/Find Christian Online:Website: www.theserendipitymindset.comLinkedin: https://www.linkedin.com/in/christianwbuschInstagram: https://www.instagram.com/christian.w.buschTwitter: https://twitter.com/chrisserendipAbout Christian:Prof. Dr. Christian Busch is one of the world's leading experts on innovation, purpose-driven leadership, and cultivating serendipity. He directs the CGA Global Economy Program at New York University and also teaches at the London School of Economics. Previously, he co-directed the LSE's Innovation Lab and co-founded the Sandbox Network, a global community of young innovators, as well as Leaders on Purpose, an organization convening Fortune 500 CEOs. He is a member of the World Economic Forum's (WEF) Expert Forum, a Fellow of the Royal Society of Arts, and among Diplomatic Courier's "Top 99 Influencers" and the Thinkers50 Radar list of 30 thinkers “most likely to shape the future.” Christian's bestselling book, The Serendipity Mindset (Penguin Random House), has been highlighted as a "wise, exciting, and life-changing book" (Arianna Huffington) and a "bracing and hopeful antidote to a world addicted to efficiency and control" (Daniel Pink) that "offers practical guidance for all" (Paul Polman), and was featured on platforms such as the BBC, Harvard Business Review, and Forbes. His research has been published in world-leading journals such as the Strategic Management Journal, and he regularly speaks at conferences such as TED/TEDx, World Economic Forum, and Financial Times Sustainability Summit.........Thank you for listening! If you'd like to connect online please feel free to reach out... Brian's Now Page: https://www.brianondrako.com/now/Brian's Instagram: https://www.instagram.com/brianondrako/Brian's Twitter: https://twitter.com/brianondrakoBrian's Linkedin: https://www.linkedin.com/in/brianondrako/ See acast.com/privacy for privacy and opt-out information.

Frontline IB: Conversations With International Business Scholars

Arvind Parkhe is a Professor of Strategy and International Business at the Fox School of Business, Temple University.  Prior to joining Temple in 2003, he was on the faculty of the Kelley School of Business, Indiana University [Bloomington], 1989-2003.  He holds a B.Tech. from IIT-Bombay [India], MBA from Georgia State University, and Ph.D. from Temple University.  He is the recipient of numerous research, teaching, and service excellence awards.  In research, he has published articles on strategic alliances in all of the top journals in management, strategy, and international business, including Academy of Management Journal, Academy of Management Review, Strategic Management Journal, Organization Science, and Journal of International Business Studies.  He is an impactful, highly-cited author.  He has served as a guest editor of AMR [2006] and Journal of International Management [2007].  His research excellence awards include AIB Best Dissertation Award [1990], JIBS Decade Award [2001], and several best paper awards at national and international conferences.  In teaching, he was recognized as outstanding faculty at the Ph.D. level [Indiana University's Doctoral Student Association Distinguished Teaching Award, 1997], Masters level [2006, 2012, 2017], and Undergraduate level [1994, 2000, 2004].  He has chaired several Ph.D. dissertations.  In service, he was elected Vice President of the Consortium for Undergraduate International Business Education [2014] and served as Managing Director of the Fox MBA Programs [2005-2010].  From 2010 to 2020, he was Chair of the Strategic Management Department.  He received the Musser Outstanding Service Award [2012] and Temple University's Faculty Service Excellence Award [2012].  Visit https://www.aib.world/frontline-ib/arvind-parkhe/ for the original video interview.

Speaking Business podcast
154 Harnessing Serendipity to Navigate Uncertainty with Dr Christian Busch

Speaking Business podcast

Play Episode Listen Later May 18, 2021 24:12


My guest this week is a world-leading expert on innovation, purpose-driven leadership, and cultivating serendipity. He teaches at New York University, where he directs the CGA Global Economy Program, as well as at the London School of Economics.  Previously, he co-directed the LSE's Innovation and Co-Creation Lab. He is co-founder of Sandbox Network, a global community of young innovators; and co-founder of Leaders on Purpose, an organisation convening leading CEOs and empowering them to integrate profit and purpose. His latest book, The Serendipity Mindset, has been highlighted as a "wise, exciting, and life-changing book" and a "bracing and hopeful antidote to a world addicted to efficiency and control". Please welcome my guest, Dr Christian Busch Bio Dr. Christian Busch is a world-leading expert on innovation, purpose-driven leadership, and cultivating serendipity. He teaches at New York University (NYU), where he directs the CGA Global Economy Program, as well as at the London School of Economics (LSE). Previously, he co-directed the LSE’s Innovation and Co-Creation Lab. Christian is co-founder of Sandbox Network, a global community of young innovators; and co-founder of Leaders on Purpose, an organisation convening leading CEOs and empowering them to integrate profit and purpose. He is a member of the World Economic Forum’s (WEF) Expert Forum, a Fellow of the Royal Society of Arts, and among Diplomatic Courier’s “Top 99 Influencers”, JCI London’s “Ten Outstanding Persons of the World”, and the Thinkers50 Radar list of 30 management thinkers “most likely to shape the future of how organizations are managed and led.” Christian’s new book, The Serendipity Mindset (Penguin Random House), has been highlighted as a “wise, exciting, and life-changing book” (Arianna Huffington, Founder, Huffington Post); a “bracing and hopeful antidote to a world addicted to efficiency and control” (Daniel Pink, Bestselling author of Drive); “highly recommended” (Reid Hoffman, Co-Founder, LinkedIn); and offering “excellent practical guidance for all” (Paul Polman, former CEO, Unilever). His work has been published in world-leading journals such as the Strategic Management Journal and was featured in outlets such as Harvard Business Review, Stanford Social Innovation Review, Forbes, BBC, among others. He regularly speaks at conferences such as TEDx, World Economic Forum, and Financial Times Sustainability Summit. Christian received his PhD from the London School of Economics (LSE). Recorded on: 4th May 2021 Links: More about Christian Busch More about Maria Franzoni Ltd Connect with Maria on LinkedIn Connect with Maria on FaceBook More about London Speaker Bureau Connect with London Speaker Bureau on LinkedIn To book any of the speakers featured on the Speaking Business podcast, click here Listen here: Podfollow Libsyn  Itunes  Stitcher Spotify

Strategy Researcher Virtual Proseminar
Episode 29 THE FOUNDER: An interview with Dan Schendel

Strategy Researcher Virtual Proseminar

Play Episode Listen Later May 15, 2021 74:15


Dan Schendel: Founder and Founding Editor of the Strategic Management Journal, Founder and Founding President of the Strategic Management Society, Founder of the world's first independent PhD program in strategic management, co-author of the brewery studies (the first rigorous quantitative large-sample studies in strategic management). --- Send in a voice message: https://anchor.fm/richmakadok/message

Frontline IB: Conversations With International Business Scholars

Charles Dhanaraj is Evelyn & Jay G. Piccinati Endowed Chair in Teaching Excellence, professor and chair of the Department of Management at the Daniels College of Business, University of Denver. Dhanaraj previously served at Temple University, where he was the H.F. “Gerry” Lenfest Professor of Strategy at Fox School of Business, executive director of the Executive Doctorate in Business Administration (EDBA) Program, and the founding director of the Translational Research Center, Dhanaraj has previously served at IMD Switzerland, Indiana University Kelley School of Business, Western University Ivey Business School (Canada) and Temasek Polytechnic (Singapore). He has also been a visiting Professor at the Copenhagen Business School (Denmark), Indian School of Business (India), Foundation Dom Cabral (Brazil) and Kellogg School of Management (U.S.A.). Dhanaraj has published in several top journals including Academy of Management Journal, Academy of Management Review, Harvard Business Review, McKinsey Quarterly, Journal of International Business Studies, Strategic Management Journal. He has also written over 50 teaching cases, several of which have received international awards. Dhanaraj serves on the editorial boards of several major academic journals. He has served as a deputy editor at Cross Cultural Strategic Management and a guest editor at Leadership Quarterly and Management International Review. In 2017 he was elected as a Fellow of the Academy of International Business (AIB), a distinction held by elite researchers for outstanding contributions to scholarly development in international business. Visit https://www.aib.world/frontline-ib/charles-dhanaraj/ for the original video interview.

Agile Innovation Leaders
S1E008 Marc Gruber on Navigating Market Opportunities Effectively

Agile Innovation Leaders

Play Episode Listen Later May 2, 2021 40:48


Visit www.agileinnovationleaders.com for the full episode shownotes (including interview transcript and bonus resources - free chapter of Where to Play and Navigator worksheets). Guest Bio: Dr. Marc Gruber is full professor at the College of Management of Technology at EPFL where he holds the Chair of Entrepreneurship and Technology Commercialization (ENTC) and was Vice President for Innovation at EPFL in the 2017-2021 presidency period. Marc also acted as Associate (2013-2016) and as Deputy Editor (2017-2020) at the Academy of Management Journal (AMJ), the highest ranked empirical research journal in the management domain. Furthermore, Marc is co-author of the book “Where to Play: 3 Steps for Discovering Your Most Valuable Market Opportunities”, which introduces the Market Opportunity Navigator – a practical business tool that was recently added to the ‘Lean Startup' toolset by Steve Blank and is used by tens of thousands of startups and established firms to improve their capabilities in opportunity identification and new wealth creation. Marc Gruber joined EPFL in the fall of 2005 coming from the Munich School of Management, University of Munich (LMU), where he held the position as vice-director of the Institute of Innovation Research, Technology Management and Entrepreneurship (INNOtec) and established the LMU's Center for Entrepreneurship. He has held several visiting scholar posts at the Wharton School, University of Pennsylvania, where he conducts research on technology commercialization and entrepreneurship. He is also a visiting professor at the Business School of Imperial College, London. Marc has published his research on innovation, strategy and entrepreneurship in several leading journals such as the Academy of Management Journal, Management Science, Strategic Management Journal, and the Journal of Business Venturing. In an independent research study on the most impactful entrepreneurship scholars (Gupta et al., 2016), Marc was ranked as the worldwide #1 researcher in entrepreneurship for the 2005-2015 period (shared #1 spot), and among the worldwide top 5 for the 2000-2015 period. Beyond his research work, he is currently authoring a textbook on technology commercialization and was the co-editor of a textbook on entrepreneurship as well as a regular contributor to a weekly column on entrepreneurship in the “Frankfurter Allgemeine Zeitung”. Marc Gruber received a doctorate from the University of St. Gallen (UNISG) in 2000. In spring 2005, he received a venia legendi from the Munich School of Management (LMU) for his habilitation thesis on marketing in new ventures.     Websites/ Resource URLs Where to Play website: https://wheretoplay.co/ Download WhereToPlay_Part1_Sample Chapter pdf here Download Navigator and Worksheets here Steve Blank's Blog on Flyability https://steveblank.com/2019/05/07/how-to-stop-playing-target-market-roulette-a-new-addition-to-the-lean-toolset/ Steve Blank's Blog on the Market Opportunity Navigator https://steveblank.com/2020/06/23/winners-rising-out-of-the-crisis-where-to-find-new-markets-and-customers/ Scott Shane's article on Prior Knowledge and the Discovery of Entrepreneurial Opportunities https://pubsonline.informs.org/doi/abs/10.1287/orsc.11.4.448.14602 MIT articles on commercializing 3D printing: http://meche.mit.edu/news-media/new-era-3d-printing https://sloanreview.mit.edu/article/innovation-lessons-from-3-d-printing/   Marc Gruber contact/ social media: Email: mark.gruber@epfl.ch LinkedIn: https://www.linkedin.com/in/marcbgruber/ Twitter: @MarcBGruber   Books/ Resources: Where to Play: 3 Steps to Discovering Your Most Valuable Market Opportunities by Marc Gruber and Sharon Tal Four Steps to the Epiphany: Successful Strategies for Products That Win by Steve Blank The Startup Owner's Manual: The Step by Step Guide for Building a Great Company by Steve Blank and Bob Dorf The Lean Startup: How Constant Innovation Creates Radically Successful Businesses  by Eric Ries Business Model Generation: A Handbook for Visionaries, Game Changers, and Challengers by Alexander Osterwalder & Yves Pigneur Value Proposition Design: How to Create Products and Services Customers Want by Alexander Osterwalder & Yves Pigneur The End of Competitive Advantage: How to Keep Your Strategy Moving as Fast as Your Business by Rita Gunther McGrath The Theory of the Growth of the Firm by Edith Penrose The Entrepreneurial Mindset: Strategies for Continuously Creating Opportunity in an Age of Uncertainty by Rita McGrath and Ian MacMillan   Related podcast episodes Steve Blank (Episode 1): http://podcast.agileinnovationleaders.com/website/1-steve-blank-on-the-need-for-innovation-showing-up-and-learning-from-failure Alex Osterwalder (Episode 3): http://podcast.agileinnovationleaders.com/website/s1e003-alex-osterwalder-on-the-3-characteristics-of-invincible-companies-and-how-he-stays-grounded-as-a-leader Sharon Tal (Episode 6): http://podcast.agileinnovationleaders.com/website/s1e005-sharon-tal-on-how-to-identify-the-best-market-opportunities-for-your-ideas-or-innovations-in-a-structured-way   Interview Transcript Ula:  00:26 Hi everyone. My guest today is Dr Marc Gruber. He is a full professor at the College of Management of Technology at EPFL (a Science & Technology Higher Education Institution located in Switzerland). Marc is also the Chair of Entrepreneurship and Technology Commercialisation at EPFL and amongst his numerous other achievements, he co-authored the book Where to Play: 3 Steps for Discovering Your Most Valuable Market Opportunities with Dr Sharon Tal. This episode complements the conversation I'd had with Sharon in Episode 6. This time around, Marc shares his side of the story behind the book. He also explains how the Market Opportunity Navigator fits in with other Lean Start Up tools like the Business Model Canvas, Customer Discovery & Development, etc. With no further ado, ladies and gentlemen, my conversation with Marc Gruber. Enjoy! Ula:  01:35 Dr Marc Gruber, thank you so much for joining me on the Agile Innovation Leaders podcast. Marc Gruber:  01:41 Thank you very much for inviting me Ula. It is a pleasure to be here. Ula:  01:45 So, let's get started. Marc, I understand that you love art, can you tell me more about that? Marc Gruber:  01:52 I'm a very visual person. That's why I think early on, I developed this love for art. You know, I like to go to museums, galleries, etc. and I think it inspired my research work, how I write, but also the tools that I develop for managers, for entrepreneurs… Because it should be visual.  It should be appealing. This is an interesting combination, because it combined somehow your love for the artistic, but also your research, you are typically very scientific, you are very rigorous and structured. And I think combining both worlds, it's actually quite an exciting journey. Ula:  02:26 Hmmm… Now, that's interesting. So, can you give me an example where your love for art has inspired your research work? Marc Gruber:  02:35 Well, I … it's less that it would inspire my research work in the sense that I have a concrete research question based on it. But it's more like, whenever I write, you know, write a paper or article, I think I have this… it can be a nice paragraph. But I know that I could always improve on that. It's more like a feeling that I have, that I think that there's an artistic quality towards writing research papers, that's where I see a lot of parallels. Because it's, in some sense, I when I write and there's a mistake, or there's something not so nice in the paragraph, I somehow view it, I see it, that's the link where art comes in… it can be improved. And same with music, you can hear if there's something that can be improved. Ula:  03:16 Now, that's an interesting analogy. I've also heard Steve Blank, say entrepreneurs are artists, and a good artist knows that the first instance of their work can never be the last one, there's always iterations. Marc Gruber:  03:31 Exactly. And I think that's when you write a nice research paper, or write any book or develop a tool, it should be the same type of instinct. You want to improve on it. You want to … not only do your best, but it has some intrinsic quality that you're trying to achieve that satisfies you. Ula:  03:49 Interesting, so do you paint also? Marc Gruber:  03:52 Yeah, I should make more time for it. There's no time now. I'm more of a passive art lover nowadays. When I go to conferences to give speeches, I like to go to the museums and galleries and check out the new artists, the established ones. You know, so it's, this is kind of nice because once in a while you see a nice piece, and then you acquire it and then, it travels with you for life, because you have it. Being one of these people, I like to collect these things, I would never sell them. Ula:  04:22 Who's your favorite artist? Marc Gruber:  04:24 My favorite one is Gerhard Richter from Germany. He's now 86 or so, he's a very accomplished person. He's one of the few who have truly shaped three, four different styles in art - coming up with them, you know. So you had Picasso with his different periods, but Richter has his very abstract art, and some photorealistic art, and so on. So, you really shape three, four different types of art movements in that sense. And that's quite impressive, because most artists are happy and satisfied if they can do one thing, you know, one type of trademark art, and he has done multiple. That's quite unique. Then you try to, as someone who likes art, try to understand what's the intrinsic quality that cuts across all of them. Ula:  05:05 So, the feeling of knowing when something is finished, is it like a satisfaction or a sense of pride… is something you can describe with words? Marc Gruber:  05:14 It's difficult to describe with words, but definitely, it's satisfaction - you like it. It matches your own aspirations. And you know it deep down and then you become immune to what reviewers would say.   So you think, ‘Ok, I've done the work that I enjoy'. It doesn't mean that I'm neglecting what the reviewers would say, that's an intellectual stimulus that you get then from the outside.  Ula:  05:37 Now moving on to your book, Where to Play: Three Steps for Discovering Your Most Valuable Market Opportunities. So, you co-authored this book with Sharon Tal. Can you tell us a bit about the inspiration behind this book? Marc Gruber:  05:53 This book goes back… my research work… to about 2001 or 2002, when I started teaching that was back then at the University of Munich, about this early stage in entrepreneurship. And I had entrepreneurs in front of me who always struggled to figure out, not doing the prototypes, etc. They struggled to figure out for whom to do the prototypes, what is a good market to play in. And drive it in multiple ways number one to understand which market domains are out there for them, and which they could address in seconds and which one is might or may not be such a good one. And this is a very interesting process that relies a lot on creativity etc. And we'll probably talk about this later on. But there was a paper by a very famous entrepreneurship researcher called Scott Shane. He studied 3D printing from MIT, how it was commercialized - as shown very nicely in his paper - that this technology, this innovation was commercialized by a couple of different people. But all of them basically applied it to the industrial domain, they knew best. Which basically meant, well, there were some people who applied it, maybe to print architectural models, others applied it to dentistry, etc. What was quite interesting for me was, the question while all of these people identified at least one opportunity, but there were some that were extremely valuable opportunities, some that were not valuable at all. So, in that sense, what I asked (in) my research was, you know, could an entrepreneur who sees more opportunities actually benefit from this choice that that he or she would generate? And this is a question that when you look at it, it's a very fundamental nature to entrepreneurship, because the market you choose shapes, not only the profit potential, the value creation potential, but it chooses, it also shapes the identity, in a way, of the company. So in that sense, I got intrigued by this question. I collected some data, then had the pleasure of having a research day at the Wharton School at the University of Pennsylvania, when I met Ian MacMillan, one of the very famous entrepreneurship scholars. It turned out that he grappled with the similar ideas that I had grappled with and I had data to investigate to analyze about these early stages in the entrepreneurial process. And we sat together, discussed it, and we have been working on this topic, as scholars ever since the first few papers came out, then end of 2008. This was a very rewarding journey that took a couple of years, then Sharon, my co-author joined the team, where she did her PhD on the topic, collecting data mainly in Israel. And after she was finished, you know, there were now more than a handful of papers. There were other authors who had started studying this topic, knowing this from the research side, but on the other hand, also seeing that there's a lot of interest by startups, but also then from large companies and understanding this early stage process better. And then Sharon and I said, ‘Okay, let's write a book.' ‘Let's solidify this; let's make sure that others can understand it and get it get access to the information because we cannot answer so many phone calls or write so many emails, always explaining the same thing.' So, in that sense, a book is a convenient tool to multiply yourself. And that's how it (the book) came about. But it happened over 15 years of research that then culminated in an effort to write a book. We initially thought it was three months' effort to write a book, it took us two years. Ula:  09:09 Oh, wow! So, 15 years of effort, of research and it took you about two years to now put together the outcome from the research. Marc Gruber:  09:19 Yeah, we thought you know, we've done the research so we should be able to write it down easily… develop a tool, a business framework around it. But that was the hard part, to write something where know the depth, where know it from the research side, you have seen thousands of cases, and then being true to yourself as a researcher and say, hey, it should be simple but not simplistic. And this is a fine line to walk for any author. Because the tool will be applied when it's simple (and) easy to use, but it also will only be applied if it delivers real value. Everyone can dumb down any question as much as one wants but then it's not useful anymore. Finding that fine line between having a simple tool but that is still useful, valuable. So, it took some time to iterate, develop different visuals, develop different explanations. After all, it I think it turned out nicely. It was just a journey that is common to anyone developing a prototype. So, in that sense, what we did there with the tool is nothing less, nothing more than developing another prototype. If you want to do it, well, it's not like a simple task. Ula:  10:22 I have read the book, it's so easy to read, very simple to understand, but not simplistic, as you've said. Why… it's quite easy to miss the amount of work it takes to make things easy and accessible. Marc Gruber:  10:36 After the fact it always looks (like) it's simple. That's exactly the reaction we want to have; that's what a framework needs to do. It needs to boil down… guide you to the main issues, help you ask the right questions and give you good answers. Great admiration for everything Alex Osterwalder and Yves Pigneur did with the Business Model Canvas book, because that's a fantastic book to really enjoy. Ula:  10:58 I have read that, yes. Could you tell us a bit more about the Market Opportunity Navigator? Because that seems to be the centerpiece of the book Where to Play. Marc Gruber:  11:09 So, the book is called Where to Play as you say. It addresses this very fundamental question, ‘Which market domain should I enter?' This is a question, if you break it down analytically, you can say, ‘Hey I first want to understand (the) playground, you know, my opportunity landscape. It's not straightforward to figure this out. Some people might think oh, I can only play in one domain but I am yet to meet an entrepreneur who actually is trapped in one domain only. Normally entrepreneurs can play in multiple domains using their competencies. Let me give you a simple example. It's a drone company out of Lausanne (Switzerland), Flyability - that Steve Blank also featured in his blog post about the book. This drone company that has created a drone in a cage, of course for such a company, they were inspired by market needs in the nuclear energy domain, but then realized there might be better market domains out there. And they did it early enough to avoid any costly pivots. Oftentimes, companies realize that only after a couple of months, maybe even years that the market domain that they had originally identified is not as performant as it could or should be. Then they need to pivot. We wondered - with our practical work with startups, with innovators and established firms - how to make this process a bit more philosophical. This doesn't mean you have a crystal ball and exactly know what the future will bring; this is not at all the idea. Quite to the contrary, in innovation, we all know that you cannot predict the future. But what is particular is that you can also already in advance, try to understand some basic features of your markets. You know, some are highly congested, some are not, some are growth markets, some are shrinking markets, etc., etc. So, there are parameters where you can say, ‘I can make an informed choice.' Second, what you can do by having this from a bird's eye view is to bake agility into the DNA of your staff. Just think about the brand name you're gonna choose. If you have a company that is doing drones, you know, this company in Lausanne that I was talking about called itself Flyability.  With this name, you basically can enter any type of domain. They could also have called themselves Drones for the Inspection of Nuclear Energy Plants. This would lock them in even more into this domain and would make a pivot even harder if it should become necessary. So, in short, what we want to do with the method is to provide you with a tool to figure out what are your potential domains out there, your opportunities. And second, provide a tool that allows you to become a more agile star. And both together I think, are a winning combination that allows you to navigate this difficult and uncertain process of startup creation, of early stage innovation. Ula:  13:47 Thanks a lot Marc for that. In your book, you summarized the Market Opportunity Navigator framework as consisting of three steps. Could you let the audience know what these three steps are please? Marc Gruber:  14:02 With pleasure! The Market Opportunity Navigator has a main dashboard which depicts the three steps. The first step is the opportunity bag, you know, it's a little bag where you collect all the opportunities that you identified. The second step consists of a matrix that allows you to evaluate the attractiveness matrix. And the third step is to enter a focus, could we say, hey, that's where I focus and these could be good plan B's, in case my plan A doesn't work out or a good growth option in case my plan A works out. These three steps are depicted on the main navigator board, but behind each step is a worksheet that helps you to walk through these questions and address the main question. So, the first worksheet is dedicated towards helping you understand the different playgrounds you have, you know, the different opportunities that exist for you. It creates, therefore, the opportunity landscape. The underlying idea is that you delink your existing competencies from a concrete application. You know, also in the case of this drone company, they should think about the drones, the capabilities, the competencies they have in their own right without really linking it to any domain. And then have a creative brainstorming session internally and externally with external people to understand what is really the scope of my activities. And this is the first worksheet that helps you to figure out the opportunity landscape. The second worksheet is a worksheet that helps you to evaluate these options that you identified. This is a worksheet that builds on 50 years of venture capital research. Most of your listeners will probably be familiar with the venture capital domain and know that one of the core tasks of a venture capitalist is to understand the prospect of an early stage venture. Venture capitalists have developed a rich set of tools basically to analyze the attractiveness of potential ventures that are presented to them. And we drew on 50 years of research in this domain, and this was really hard work to bring them together into factors that shape the attractiveness, and factors that shape the challenge level in ranking an opportunity, which will combine to provide you with an assessment of how good or not so good these opportunities are. Again, under uncertainty which means while you'll need to maybe adjust your information over time etc. (because these are six factors in total), it had to give entrepreneurs and innovators a more complete view of the factors that matter. Because you might have realized that yourself when you talk to the entrepreneurs, they always excited about the opportunities they're pursuing. Usually they focus on one dimension, you know, think about market size, ‘Wow, that's a big market - that's great!' … or competitive advantage, ‘Hey, we are ahead of the competition. That's great!' But normally what they don't have (is) a pluralistic view of all the key challenges that could hinder the development - time to first revenue, which is a key metric, as entrepreneurship has shown and how long it takes to make these sales, how difficult it is to make the sales, how big (the sales are), and so on. So, you have a couple of metrics that in combination are giving you a more rounded picture of how good or not so good the opportunity is. And if you do this, not only for one opportunity, but for multiple ones, you will quickly realize that not all opportunities are alike. You know, some are high growth, some are low growth, some are highly congested, some are not so congested. With some you have a high margin, with some you have a low margin. And in combination, you have the matrix, which is then the second step in the (Market Opportunity) Navigator that allows you to assess each opportunity, but also the portfolio that you have. The third step is then building on this one, where you can say, ‘Now that I've seen multiple opportunities, (I) have a portfolio in my hands, what should I actually do?'  And there, the tool is non-prescriptive, you choose what you want to do, you know, we have in the matrix, the gold mines - low challenge level, high potential; we have moonshots which have a high potential, high challenge, we have the questionables - which have high challenge but low potential; and the quick wins - which have low potential, but also have low challenge level. So, you might want to say, ‘I'll start with the gold mine' or you might want to say, ‘I feel I am the next Elon Musk, I want to change stuff with a moonshot.' Others might say, ‘You know, I'll start with a quick win and use this to develop another opportunity; I'll earn money quickly but then I'll use the proceeds to do something bigger.' And still others might say, ‘Hey, I love this other domain so much. It's a questionable (domain) but, there's another dimension of pleasure that I get out of this.' So we're not prescriptive, but what we say is, ‘Look, you pick your favorite opportunity', but what we advise you to do is to say, ‘Hey, there might be a second opportunity, a third one that is closely related, so that you have growth options that you can efficiently exploit over time.' Or you have - if the first opportunity doesn't work out - you have a good plan B. That's actually quite an interesting concept. It's not something where you invest a lot of time, but in case things go sour, don't materialize, with your first choice… you know, you want to have a pivot that is not as painful as it could be. If you have to pivot, you want to have one that doesn't consume all your energy, your resources, your time or financial resources. Pivoting could be easier, if you have good foresight. Ula:  19:08 I like the illustration in your book, that's around having a backup plan that would help with a seamless pivot where required when you showed two mountains, and there was a bridge. It's kind of you know, depicted that when you have all these details, and you know what your backup plan is, you also would be working consciously to make sure the infrastructure is there, and you are not starting from ground zero again, if you need to pivot. Marc Gruber:  19:35 You can make it more flexible. Look at this drone example I gave you two minutes ago. This is something where you can say, ‘I know that the drone can be applied to inspecting bridges as much as it can be applied to inspecting silos, farm equipment, etc.' What you do is to build a drone that is going to be more flexibly adjusted. And this is like picking a great brand name that you can choose to use for these different domains. As much as that takes initially with a little bit of foresight, some agility into your venture that can make a big difference. When we talk to venture capitalists, they said, ‘Okay, this is a great tool, we wish every startup would come up with a Market Opportunity Navigator to (show) us, because it can clearly tell us that they have figured out what an attractive market is.' ‘They know what they do, they know what they don't want to do. They know what their plan B could be and they know that they are not a one trick pony that can only grow in this domain, but can grow in other domains.' This is creating an exciting value creation journey for the startup but also for the venture capitalists. Also, when you think about it, the little force that you can give to the entrepreneurial venture that is affordable under conditions of uncertainty, this little foresight that can get you a long way. Ula:  20:43 It could be the difference between success or massive failure really. Marc Gruber:  20:48 Absolutely, you know, I'm still yet to meet the first startup that really said, ‘I enjoyed pivoting.'   This is often a task that creates not only financial inefficiencies, but a lot of worry in the team. You know, one of the founders firmly believed in a domain and that turns out to be not so great and the need for (a) pivot arises. It's also loss of status maybe within the team; there are quarrels, there are fights, there are redirections. This is not a pleasant period and if you can make this at least smoother by baking this agility as I called it into the DNA of your venture, a lot is gained. And if you maybe can avoid, like on average, not every startup, but on average, a significant number of startup can avoid pivoting then I think the process is also one where that is more rewarding. Ula:  21:38 You have explained the first two steps: searching broadly assessing deeply. And this all leads to the Agile Focus Dartboard. Can you tell us a bit more about that? Marc Gruber:  21:52 Yeah. So, you can picture in your head a dartboard actually with three layers… You have the focal element - that's the opportunity to focus on. And we are big supporters of the idea that you should focus on an opportunity, especially in your startup. When you have three, four people, it's nonsense that you chase too many balloons; you focus on one, but you keep others open as a secondary. Say, ‘Hey, I passively observe, I read newspaper reports maybe once in a while. So, I have a passive knowledge about these markets and keep myself current, because I realise that these might be interesting, additional options for me.' And then we have the third (outer) ring, which we call the storage where you say, ‘Look, there are some opportunities we studied, and they don't work out for us. So, we put these ideas away.' And this is actually more helpful than one might initially think. Because when I talk to entrepreneurs about this third step, they say, ‘Hey, look, this putting away is as valuable for us as the focus, because it helps you to keep what you might want to call mental hygiene. You have so many things constantly to address, to worry about in your venture, (so) if you can put something away, that's actually a relief. And that's why this third ring is actually much helpful to entrepreneurs.  With the tools, you come from something unstructured, creative where you have a lot of opportunities, lots of options to something where you have evaluated them to a third step where you say, ‘Hey, that's where I should focus.' And that's then the focal point where, and I'm sure we talk about other tools later on, like a business model canvas, customer development, customer discovery, minimum viable product. We would say, ‘Hey let's learn with additional tools, whether this market domain that I selected is actually a good one.' So big picture of the tool is providing you with some kind of meta learning. You say, ‘Okay, that's what my company could potentially do.' I create (enable) agility. Now, let's learn about the ‘how to play' - the business model that works in your domain; the ideal prototype that you could develop for your target customers. So, the ‘where to play' and the ‘how to play' then form, the yin and the yang, if you want to call it that way. Ula:  23:57 You've nicely segued into the next question I have, which is about other business tools that the Market Opportunity Navigator can be used with? Can you go into more details on this, please? Marc Gruber:  24:10 So, when we designed the tool, we actually were careful in saying, ‘Hey, we know that there is a unique aspect to it that none of the other tools addresses. Let's design it in a way that's plug and play with the existing tools - so, it's non redundant. And actually, when we discussed with Steve Blank, he loved the idea so much that he'd said, ‘Okay, I'm gonna write a blog post about it, and integrate your (Market Opportunity Navigator) tool into my Lean toolset because it's missing some additional valuable learning that is critical for entrepreneurs and innovators.' So, it's non redundant with the other tools, but it forms a more complete tool, and therefore delivers value for the question but delivers that additional value to the other tools and vice versa. There's a nice blog post by Steve Blank called Stop Playing Target Market Roulette; a New Addition to the Lean Toolset. Ula:  24:56 Yes, I've read that. Marc Gruber:  24:57 Wonderful blog post, and it teaches this Flyability drone example, if you want to look at it. Ula:  25:02 We'll put it in the show notes. Yeah. Marc Gruber:  25:04 And there he explained actually how the tools work together. If you think big picture, you can say, well, the market opportunity navigator helps you to understand where to play, what is a good starting position for your venture. And then you would say, ‘Hey, for this starting position, for this domain, I now try to develop a business model that is appealing. And in order to develop a good business model, I need to figure out product-market fit.' So, I do customer discovery, I do a minimum viable product - we all know Osterwalder/ Pigneur's Business Model Canvas, you know. Steve Blank's tools about minimum viable product, customer discovery... Ula: 25:37 The Lean Startup… Marc Gruber: 25:39 …Exactly! The Lean method that is then extended and say okay, there's another layer to the lean that method. That's how he features it in the blog. So, what you have is basically, a nice suite of business tools that work nicely in conjunction. Each one adds value to the other one. And that's why I like to use them in my own classroom and my work with startups or with large enterprises. I like to apply them as a suite of tools because then people understand the logic behind each of them, but also get much more utility out of them if they combine them. Ula:  26:12 Hmm. So, it sounds like you know, the Market Opportunity Navigator gives you a view at a higher level, a macro level. And then once you've gotten those details and you've narrowed down on where to play, you can now drill down into you know, developing the business model canvas and testing your hypothesis using the Lean Startup method. Marc Gruber:  26:34 If you look at the Lean Startup tools, Business Model Canvas, as well… they don't really tell you where to play, you know, they assume that you have a market. Also, if you look at design thinking, you know, it's an important method nowadays and (needed) in the toolbox of any innovation manager, but it assumes you have a target market that is useful to investigate, to spend time before doing design thinking. But the question is, might there be a better target market out there where it's even more valuable to apply design thinking that is not addressed. Also, the Market Opportunity Navigator helps to address the question therefore, makes the design thinking method for that business model canvas all the other tools we have talked about, more valuable because it's more promising to do (use) them. Ula:  27:18 Do you so far, the focus of the conversation has been on how this market opportunity navigator framework is useful for startups? Can large organizations get some use out of it as well, if so, how? Marc Gruber:  27:33 That's a very good question. The book is written mainly from the perspective of startups. If you apply it to established companies, you know, I've done that multiple times now in workshops, this can be applied extremely smoothly. Established companies typically use the other tools. For the established companies, the where to play question is extremely important nowadays, because you know, you have all the new technologies that provide new competencies. And with the tool… I'll give you a very concrete example. You know, an established watchmaker can understand that when by putting sensors into the competence set, they could actually become a medical device company. Because they say, oh, we now have a watch that can measure your blood pressure, that can measure maybe your sugar level for diabetes, whatever it is, you know, and that's a where to play question. And technology enables so many new uses; AI, put AI into your established products, and you can become a different animal as a company. When you look closely what the very successful Silicon Valley companies are doing, they are not bound by their initial turf. A prime example is Uber. Uber moves wherever it can grow. Uber moves, wherever it can grow based on competencies, you know, and acquires new ones on the way to make the opportunity space even larger. I think we are living in an exciting time because technology enables so much that you can become as a company, a very different animal, that doesn't mean that you have to lose your first initial market domain. But it means you play in additional markets. And Rita McGrath, my colleague from Columbia Business School, she's very nicely depicted this in her book, The End of Competitive Advantage, where she says, look, we used to live in a world dominated by industry, we're actually nowadays living in competing arenas. That means, you know, wherever firms move, wherever they can grow, their measure of success is the share of the potential opportunity space. But that's a fluffy concept. What is an opportunity space? What's the share, you can get out of this one? That's a very pertinent question. And the virtual playbook gives you basically, the tool that helps you to understand what's your opportunity space, this doesn't fall out of heaven for the companies. If Apple moves into car manufacturing, this is an entrepreneurial step where they say, ‘okay, that's an opportunity that we identified'. Among many opportunities that they identified that this is one that they've deemed worthwhile to get into. And then there's managerial questions about how to exploit this opportunity to hire away people from Daimler, partner up with Fiat… whatever, you know, those steps are to explore this opportunity. But initially, there's the where to play question for Apple, for Uber, for Google, for any type of company, out there, and you can close your eyes to that and say, hey, we are only in our home turf, but then others might have set their sights on your home turf. Now think about what happened to the cellphone manufacturers, you know, they were attacked, they didn't die, because the second one, Ericsson took over Motorola and became bigger than Nokia. Now, it was the computer manufacturers who said, hey, we can play in the cellphone domain. And see, and that's where this arena concept is extremely pertinent. And therefore, tools that help you to understand what your competitive arena is - where to play - become important. That's where the book becomes important. What usually larger or more resource rich firms can do is to not only exploit one opportunity, but they can do multiple ones. So, the third step is one where they can focus on a handful, maybe a dozen opportunities in parallel, create an interesting pipeline. But even then, when I talk to the large companies, they don't want to waste money. They want to understand where they could play and what could be a good plan B if my first option doesn't work out. Ula:  31:10 They also want to be lean and agile. Marc Gruber:  31:13 If you can achieve a higher innovation outcome … strong innovation outcome, with less effort, with less resource consumption, of course, that's a winning formula. Ula:  31:25 Hmm. That's true. Do you then have any other books in the pipeline, will there be a sequel to Where to Play? Marc Gruber:  31:34 At the moment is no sequel plan because the book has been out for two years. When you look at how long it takes until books are known to people, understand and apply them… It takes some time until a tool actually is diffusing into the market. And a good example is Steve Blank's books. They were extremely successful, but it also didn't come from Sunday to Monday. But it took some time until people heard about them, saw them, saw the usefulness, they create a following. And then the same happened with Osterwalder and Pigneur's initial book, which was the Business Model Generation book, which took several years until it hit mainstream. That's why the Where to Play is a book, which was launched, people adopted it, it got translated into multiple languages, Steve Blank featured it as a part of the Lean Startup toolset in May last year. So, I think the journey is still on the early side. And so, I prefer setting my sights on helping others to apply it, understand its value, because I firmly believe in the value and how it can help people become more successful entrepreneurs and innovators. Maybe, at some point I'd say it's time for a second one. But you know, not yet, not quite yet. Ula:  32:42 No problem at all! Right!! So, are you a reader? Would you say you like reading? Marc Gruber:  32:47 I love reading. I like reading and I actually can read quite quickly - that's the benefit. But some of the stuff you don't want to read quickly and that's the annoying part, because then you don't have the time to read it slowly. Ula:  32:57 What would you say, are your two favorite books and why? Marc Gruber:  33:02 There is a book from 1959 from Edith Penrose. She's one of the eminent academic scholars. She has written a book called The Theory of the Growth of the Firm. This is an extremely insightful book in the sense that many of the things we're discussing nowadays are actually foreshadowed by her, half a century earlier. And it's a very nicely written book, it basically says, ‘Look, if you want to understand the growth of firms, you just have to look at the imaginative power of its C-suite and that is a function of their education and experience in print.' And it's just one element of the book, which makes it exciting because it foreshadows a lot of the diversification literature we see; the growth literature that we see nowadays. And it has very powerful patterns of explanation that help you to understand why some firms are growing very strongly, while other firms might be very constrained in how they think about what they could do. Ultimately brings it down to a very intriguing level of understanding because it connects the cognitive element to the resource base of a company. So, I recommend that definitely to everyone. Another one that I like a lot is The Entrepreneurial Mindset by Rita McGrath and Ian MacMillan. This came out in 2000. And it's one of those books that combines a lot of entrepreneur insights. It's based on a couple of HBR (Harvard Business Review) papers that MacMillan and McGrath had authored in the late 80s and throughout the 90s. They put them all together in this book with a lot of added new content, and a lot of new theorization, examples, etc. So it's one of those books, you read it and say that was a milestone, too, when you read the book by Steve Blank and by Alex Osterwalder, from Eric Ries, the more recent one, but you begin to understand the intellectual roots that each and every book has the heritage of the thoughts, how the fields developed, how we nowadays think about stuff, but also where it has its roots maybe 20, 30 years ago, or in Penrose's case, more than half a century ago. Ula:  35:04 It is interesting, because you find out that there are connections and no field kind of suddenly springs up on its own, there are connections. Marc Gruber:  35:13 Yeah, that's it. If someone has a bit of reading time over the next few weeks, months, over the summer on the beach - this is definitely a set of books that you can take with you and you understand management and entrepreneurship, innovation management, in their very fundamental and intriguing manner. Ula:  35:31 I already have some of the books in my library, I now have some recommendations for new ones. So that's much appreciated. So, given how much you've accomplished over the years, what would be your advice for someone who is starting up and who might aspire to walk the path that you're on currently? Marc Gruber:  35:53 For me, it was important for my own career as a professor to understand where to play. In the sense that I always had more paper opportunities - articles or research opportunities than I could possibly do. So, I basically had my own portfolio of opportunities, and I had to discriminate where I thought this might be a better research question. This might be a more intriguing question than another one. So, I think I applied basically what I early on, you know, in my research what I later on said in the playbook. That's number one. Number two, you can always push harder. If you think your paper is nice, you can make it even nicer. That's like 110% level; you push yourself and try to understand what your limits are. I think that's an interesting aspect to discover within yourself and not to be too satisfied too early. Which makes you grow, basically a recipe for growth, because you say, ‘I push harder, I tried to learn more, I tried to write it even better' and then you push yourself over your own limits. And that's the satisfying part that leads to what I've just said earlier, when you know, I was talking about art and the implications for art. A good artist doesn't give up early, a good artist pushes himself to understand the new frontier. And I think as scientists, we are pushing the frontiers and, you know, in that sense, giving up too early is not a good recipe. You always can do better, because that's the way you learn. And that brings me to my third advice as to being a professor, being an academic. You get paid for pushing the frontier, and then you get even paid for talking about how you push the frontier.  So, it's never boring, you know, because you try to push the frontier. It's a wonderful experience to learn more and to say, ‘Okay, I understood something that maybe other people have not yet understood', and or at least from this perspective, have understood, and then you talk about it, and you get feedback. It's a process that keeps you young as well. Ula:  37:46 It's important to enjoy the process as well, don't you think? Marc Gruber:  37:50 Yeah, but don't tell it to my employer because he is paying me for doing this job you know. Ula:  37:56 I wouldn't. Okay, right. So how can the audience reach you Marc? Marc Gruber:  36:27 The audience can email me at marc.gruber@epfl.ch. We have an interesting website that you might want to check out, it's called wheretoplay.co, www.wheretoplay.co. There, you can register for our newsletter. So, we every other month, we update the latest news, latest slides that you can download all this stuff for free. You can get webinars about the method. You can, if you're a trainer, a coach or consultant, you can get the material there for free to apply it in your activities. So, worksheets are in the open domain download. We have basic slides that you can use for teaching the method, for doing your consulting. All of that up on the website, check it out, wheretoplay.co. You just have to register and then all this material is available to you. Ula: 38:50 Oh wow. All for free?   Marc Gruber:  38:52 All for free Ula:  38:53 Wow, that's impressive Marc Gruber:  38:56 You know, we're currently also working on an app - so that what I described as a process becomes more of a very playful exercise. Ula:  39:01 That's great. Are you on social media? Marc Gruber:  39:04 All on the usual suspects except for Instagram. Marc B Gruber on Twitter, it's on LinkedIn, on Facebook - you find me with my name. That's about it, you know? Ula:  39:14 Is there anything else you want, the audience to check out, or do? Marc Gruber:  39:19 You know, if people (would) send us emails about how useful it was? If you have the chance to apply (these concepts) please do and let us know your experiences. It's so rewarding for Sharon and myself to just listen to your stories, how it helped you, etc. You know, we get many stories of entrepreneurs saying ‘Oh, we wish would have applied it when we were young…'  ‘…We could have avoided some mistakes', you know. Then they still applied and they are a bit progressed in their careers and that's exciting to hear as well. Please share your stories, email us, leave them on the website. We want to hear from you. Ula:  39:55 Great! Well, thank you so much for your time, Marc. It's been an absolute pleasure speaking with you. Marc Gruber:  40:02 It's my pleasure entirely. Thank you very much, Ula.

Audiobook Reviews in Five Minutes
Review of Remote Work Revolution: Succeeding from Anywhere by Tsedal Neeley, read by Marisha Tapera

Audiobook Reviews in Five Minutes

Play Episode Listen Later Apr 6, 2021 6:37


Tsedal Neeley (@tsedal) is the Naylor Fitzhugh Professor of Business Administration at the Harvard Business School. Her work focuses on how leaders can scale their organizations by developing and implementing global and digital strategies. She regularly advises top leaders who are embarking on virtual work and large-scale change that involves global expansion, digital transformation, and becoming more agile. Neeley's award-winning book, The Language of Global Success: How a Common Tongue Transforms Multinational Organizations, chronicles the behind-the-scenes globalization process of a company over the course of five years. She has also published extensively in leading scholarly and practitioner-oriented outlets such as Academy of Management Journal, Organization Science, Management Science, Journal of International Business, Strategic Management Journal and Harvard Business Review, and her work has been widely covered in media outlets such as BBC, CNN, Financial Times, NPR, the Wall Street Journal, and the Economist. Her HBS case, Managing a Global Team: Greg James at Sun Microsystems, is one of the most used cases worldwide on the subject of virtual work. (from tsedal.com) Goodreads: https://www.goodreads.com/book/show/56925006-remote-work-revolution Audio production by Graham Stephenson Episode music: Caprese by Blue Dot Sessions Rate, review, and subscribe to this podcast on Apple, Anchor, Breaker, Google, Overcast, Pocket Casts, RadioPublic, and Spotify

Skills for Mars
Purpose: The Anchor For Thriving Organizations | Ranjay Gulati on Building Resilience

Skills for Mars

Play Episode Listen Later Feb 8, 2021 39:05


Purpose-driven organizations thrive! Purpose & culture are anchors. They provide a stable platform from which organizations can drive strategic and structural change and successfully face adversities. ⛳️ What is Organizational Resilience? ⛳️ What are thriving organizations doing differently? ⛳️ How can we activate purpose in organizations? ⛳️ What are the enables of resilience? ⛳️ How do we connect individual and organizational purpose and resilience? ⛳️ Thriving through the 2020 crisis ⛳️ Courage as an enable of resilience. These are all questions that Professor Ranjay Gulati will answer in the 1st episode of the new Building Resilience series. Ranjay Gulati is the Paul R. Lawrence MBA Class of 1942 Professor of Business Administration and the former Unit Head of the Organizational Behavior Unit at Harvard Business School. He is an expert on leadership, strategy, and organizational issues in firms. Professor Gulati was ranked as one of the top ten most cited scholars in Economics and Business over a decade by ISI-Incite. The Economist, Financial Times, and The Economist Intelligence Unit have listed him as among the top handful of business school scholars whose work is most relevant to management practice. He has been a Harvard MacArthur Fellow and a Sloan Foundation Fellow. His research has been published in leading journals such as Administrative Science Quarterly, Harvard Business Review, American Journal of Sociology, Strategic Management Journal, Sloan Management Review, Academy of Management Journal, and Organization Science. He has also written for the Wall Street Journal, Forbes, strategy + business, and the Financial Times. Professor Gulati sits on the editorial board of several leading journals and was a co-editor of a special issue of the Strategic Management Journal on Alliances and Strategic Networks in 2000 and another special issue on Organizational Architecture that appeared in 2012. He also guest-edited a special issue of the Academy of Management Journal on Relational Pluralism in 2014. Support the Skills for Mars podcast? Please visit: www.podhero.com www.skillsformars.com www.patreon.com/skillsformars - LinkedIn @skills for mars - Facebook @skillsformars - Instagram @skillsformars - Twitter @skillsformars Support this podcast

Skills for Mars
Resilience through Experimentation | Rajshree Agarwal & Constance Helfat on Building Resilience

Skills for Mars

Play Episode Listen Later Feb 8, 2021 46:18


What happens when multiple shocks hit us? Have we reflected on 2020 and what have we learned? Have we identified the cracks in our systems? How can we enable ourselves to be better prepared for the next crisis? ⛳️Uncertainty and complexity are states of nature. ⛳️We will never have full knowledge. ⛳️There are no templates to tell us exactly what to do. ⛳️We will always make mistakes. By acknowledging the above, we allow ourselves to experiment, place early bets, fail fast, and try again. We will acquire the missing information. We will figure out where the holes are and will be able to think ahead. Today, my guests are Rajshree Agarwal and Constance Helfat. RAJSHREE AGARWAL is the Rudolph Lamone Professor of Entrepreneurship and Strategy and Director of the Ed Snider Center for Enterprise and Markets at the University of Maryland. Rajshree studies the evolution of industries, firms, and individual careers, as fostered by the twin engines of innovation and enterprise. Rajshree's scholarship uses an interdisciplinary lens to provide insights on strategic innovation for new venture creation and for firm renewal. She routinely publishes in leading journals in strategy and entrepreneurship. An author of more than 60 studies, her research has been cited more than 10,000 times, received numerous best paper awards, and funded by grants from various foundations, including the Kauffman Foundation, the Rockefeller Foundation, and the National Science Foundation. She is currently the co-editor of the Strategic Management Journal and has previously served in co-editor and senior editor roles at Strategic Entrepreneurship Journal and Organization Science respectively. Rajshree is a senior contributor at Forbes, providing insights for leading purposeful lives, strategy, and innovation. She has been featured in major media outlets including the Washington Post, USA Today, Time, and the Baltimore Sun, and has appeared in several video interviews and podcasts. Her op-eds have had over 100,000 reads, and her conversation with David Rubin on “The Rubin Report” drew approximately 25,000 views. Agarwal's ability to put complex thoughts into clear terms led one media outlet to describe her as “an economist who makes things understandable.” CONSTANCE HELFAT is the J. Brian Quinn Professor in Technology and Strategy and Senior Associate Dean for Research Innovation at the Tuck School of Business at Dartmouth. Professor Helfat's research focuses on strategic change, with an emphasis on firm capabilities, technological innovation, and top executives. She has published widely in leading academic journals and has written and edited three academic books. Professor Helfat is a Fellow of the Strategic Management Society, received the Distinguished Scholar Award from the Technology and Innovation Management Division of the Academy of Management, is a Foundations Scholar of the Knowledge and Innovation Interest Group of the Strategic Management Society, and was awarded the Viipuri Prize for outstanding achievements in strategy research and an honorary doctorate from the Lappeenranta University of Technology. She is currently a co-editor of the Strategic Management Journal and has served in editorial roles at Management Science and Organization Science. She also serves on the editorial boards of other academic journals. Welcome to a new episode of Building Resilience the podcast that hosts some of the most brilliant minds who have studied resilience or have tremendous experience in navigating ever-changing waters. Support the Skills for Mars podcast? www.podhero.com www.skillsformars.com www.patreon.com/skillsformars - LinkedIn @skills for mars - Facebook @skillsformars - Instagram @skillsformars - Twitter @skillsformars Support this podcast

Skills for Mars
Making Remote Work #16 – Borge Obel

Skills for Mars

Play Episode Listen Later Oct 28, 2020 57:31


Børge Obel is a professor at the Interdisciplinary Center for Organizational Architecture, Business and Social Sciences, Aarhus University, Denmark, and professor at EIASM, Brussels. He teaches graduate courses in organizational design and digital transformation. Børge holds a Ph.D. and a Dr. Oecon. from Aarhus University, Denmark. His research interests fall within strategy, management, and organizational design. Børge is the lead expert in EcoMerc on Strategic Organizational Diagnosis and Design. Børge Obel has published several books including Organizational Design: A Step-By-Step Approach, Cambridge University (jointly with Richard M. Burton and Geraldine DeSanctis), second edition 2011, and the third edition with Richard M. Burton and Dorthe Håkonsson. He has published numerous academic papers including papers in Strategic Management Journal, Organization Science, ASQ and Management Science. He was the founding editor of Journal of Organization Design. He has served as an advisor to the Danish Government on e-infrastructure. He also serves on a number of company boards. - TIMESTAMPS - 00:00:00 – Podcast Start 00:01:07 – Borge Obel - Introduction 00:05:00 – Virtual vs Distributed vs Remote Work 00:11:10 – Is remote work here to stay? 00:14:40 – Organizational design for remote work 00:18:28 – Remote work and its effect on team coherence 00:21:35 – Opportunism and cheating when working remotely 00:24:35 – Are matrix or functional organizations suitable for remote work? 00:28:18 – Designing better remote organizations with the use of data 00:34:20 – Designing incentives for remote organizations 00:36:40 – Power and promotions when remote: “the virtual rat race” 00:39:57 – Insights on all-remote companies from an organizational design perspective 00:46:13 – Organizational design advice for companies moving or starting remote 00:49:38 – Future organizational design research areas that are driven by the Covid-19 pandemic 00:55:24 – Final thoughts on remote work MAKING REMOTE WORK - is a limited series led by the ORGANIZATIONAL DESIGN COMMUNITY and hosted by SKILLS FOR MARS. It is a public service video-podcast in response to the COVID-19 pandemic. It will host 20+ researchers and practitioners in the field of distributed work. They will share their insights and knowledge to support companies and employees who are making this transition. If you are interested in the Future of Work - consider subscribing to Skills for Mars: https://bit.ly/3cA2UF1 Support the Skills for Mars podcast? Please visit: https://www.skillsformars.com or https://www.patreon.com/skillsformars - LinkedIn @skills for mars - Facebook @skillsformars - Instagram @skillsformars - Twitter @skillsformars Support this podcast

The Start Up Life
Christopher Marquis (Award-Winning Professor at Cornell University)

The Start Up Life

Play Episode Listen Later Oct 18, 2020


Episode Title: The Startup Life-How To B The Change Featuring Christopher Marquis(Award-Winning Professor at Cornell University) In this episode, we talk to Christopher Marquis(Award-Winning Professor at Cornell University)as we discuss his new book, advice on doing business in China, and how one student's question changed everything.  Purchase his book here Chris Marquis is the Samuel C. Johnson Professor in Sustainable Global Enterprise and Professor of Management at the Cornell University Johnson College of Business. Prior to joining Cornell, he worked for 10 years at Harvard Business School and has held visiting positions at Harvard Kennedy School, Hong Kong University of Science and Technology, Peking University, Fudan University, and Shanghai Jiaotong University. Marquis received a PhD in sociology and business administration from the University of Michigan. Marquis' current teaching and research is broadly focused on the two areas of social innovation and change and doing business in China. Under these themes he has examined entrepreneurship in China, the triple-bottom line and building sustainable businesses globally, and business competition in emerging markets. These research projects build on Marquis' earlier research on how business can have a positive impact on society and in particular how historical and geographical processes have shaped firms' and entrepreneurs' social and environmental strategies and activities. His latest book, Better Business: How the B Corp Movement Is Remaking Capitalism, focuses on the potential for stakeholder governance models to reform capitalism. Marquis's research has won a number of national and international awards, including the 2006 William H. Newman Award for best dissertation across the entire the Academy of Management, the 2006 Louis R. Pondy award for best dissertation in organizational theory from the Academy of Management, the 2003 James D. Thompson Award for best graduate student paper from the American Sociological Association, and the 2005 State Farm Doctoral Dissertation Award. He was a finalist for the 2010 and 2013 Aspen Institute Faculty Pioneer Award, a runner-up in the Academy of Management's Best Published Paper in Organization and Management Theory in 2009, and a finalist in the 2004 INFORMS/Organization Science Dissertation Proposal Competition. In 2018 he was given the International Educator Award, from China's State Administration of Foreign Expert Affairs. Marquis has published in Academy of Management Journal, Academy of Management Review, Administrative Science Quarterly, American Sociological Review, Harvard Business Review, Organization Science, Stanford Social Innovation Review, and Strategic Management Journal, as well as a number of edited collections. From 2014-2020 he was an Associate Editor at Administrative Science Quarterly and he has served as an elected member of the Executive Committee of the Organization and Management Theory Division of the Academy of Management and of the International Association of Chinese Management Research (IACMR). Before his academic career, Marquis worked for six years in the financial services industry, most recently as vice president and technology manager for a business unit of J.P. Morgan Chase. Written by: Dominic Lawson Avani Garde Executive Producers: Dominic Lawson and Kenda Lawson Music Credits: **Show Theme**  Behind Closed Doors - Otis McDonald  **Break Theme** Cielo - Huma-Huma  Build a new website:  www.funkymedia.agency/register 

The Startup Life
Christopher Marquis(Award-Winning Professor at Cornell University)

The Startup Life

Play Episode Listen Later Sep 15, 2020 50:22


In this episode, we talk to Christopher Marquis(Award-Winning Professor at Cornell University)as we discuss his new book, advice on doing business in China, and how one student's question changed everything.  Purchase his book here Chris Marquis is the Samuel C. Johnson Professor in Sustainable Global Enterprise and Professor of Management at the Cornell University Johnson College of Business. Prior to joining Cornell, he worked for 10 years at Harvard Business School and has held visiting positions at Harvard Kennedy School, Hong Kong University of Science and Technology, Peking University, Fudan University, and Shanghai Jiaotong University. Marquis received a PhD in sociology and business administration from the University of Michigan. Marquis' current teaching and research is broadly focused on the two areas of social innovation and change and doing business in China. Under these themes he has examined entrepreneurship in China, the triple-bottom line and building sustainable businesses globally, and business competition in emerging markets. These research projects build on Marquis' earlier research on how business can have a positive impact on society and in particular how historical and geographical processes have shaped firms' and entrepreneurs' social and environmental strategies and activities. His latest book, Better Business: How the B Corp Movement Is Remaking Capitalism, focuses on the potential for stakeholder governance models to reform capitalism. Marquis's research has won a number of national and international awards, including the 2006 William H. Newman Award for best dissertation across the entire the Academy of Management, the 2006 Louis R. Pondy award for best dissertation in organizational theory from the Academy of Management, the 2003 James D. Thompson Award for best graduate student paper from the American Sociological Association, and the 2005 State Farm Doctoral Dissertation Award. He was a finalist for the 2010 and 2013 Aspen Institute Faculty Pioneer Award, a runner-up in the Academy of Management's Best Published Paper in Organization and Management Theory in 2009, and a finalist in the 2004 INFORMS/Organization Science Dissertation Proposal Competition. In 2018 he was given the International Educator Award, from China's State Administration of Foreign Expert Affairs. Marquis has published in Academy of Management Journal, Academy of Management Review, Administrative Science Quarterly, American Sociological Review, Harvard Business Review, Organization Science, Stanford Social Innovation Review, and Strategic Management Journal, as well as a number of edited collections. From 2014-2020 he was an Associate Editor at Administrative Science Quarterly and he has served as an elected member of the Executive Committee of the Organization and Management Theory Division of the Academy of Management and of the International Association of Chinese Management Research (IACMR). Before his academic career, Marquis worked for six years in the financial services industry, most recently as vice president and technology manager for a business unit of J.P. Morgan Chase. Visit our website TheStartupLifePodcast.com Follow The Startup Life Podcast Facebook Page Want gear from The Startup Life? Check out our gear! Check out other great podcasts from The Binge Podcast Network. Written by: Dominic Lawson Avani Garde Executive Producers: Dominic Lawson and Kenda Lawson Music Credits: **Show Theme**  Behind Closed Doors - Otis McDonald  **Break Theme** Cielo - Huma-Huma 

The Sustainability Agenda
Episode 91: Interview with Professor Ioannis Ioannou, leading sustainability researcher at London Business School

The Sustainability Agenda

Play Episode Listen Later Apr 27, 2020 56:35


In today's episode, we speak with Professor Ioannis Ioannou on business sustainability four years after his first interview for this podcast. Professor Ioannou gives an overview of the progress that has been made over this time. He argues that sustainability is the mother of all disruptions–and as it is a domain where companies lack necessary experience and knowledge and skills, some iconic brands are heading for the corporate graveyard. He also discusses his recent research that shows that companies are increasingly adopting a similar set of sustainability practices within their industry–and when companies don't keep up with these minimum sustainability practices, its performance will suffer. Professor Ioannou is optimistic about the progress corporations are making toward sustainability, but also believes that the level and speed are not enough, nor should we rely solely upon corporations to achieve the systemic change needed to fight climate change.Ioannis Ioannou is an Associate Professor of Strategy and Entrepreneurship at the London Business School. His research is focused in the area of Sustainability and Corporate Social Responsibility and understanding whether, how, and the extent to which companies and capital markets can lead on the path towards a sustainable future. He is a global influencer, speaker, and advisor to many, engaging with top executives around the world. He has frequently published in top-tier academic journals as well as popular and managerial press outlets, as well as presented his research around the world.He is currently an Associate Editor of the Strategic Management Journal. In 2016, Prof. Ioannou was awarded the 2016 ARCS Emerging Sustainability Scholar Award. He recently launched a pioneering, 5-week online course on Sustainability Leadership and Corporate Responsibility.The post Episode 91: Interview with Professor Ioannis Ioannou, leading sustainability researcher at London Business School appeared first on The Sustainability Agenda.

Michael Covel's Trend Following
Ep. 849: Stefan Thomke Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

Play Episode Listen Later Mar 13, 2020 49:47


My guest today is Stefan Thomke, the William Barclay Harding Professor of Business Administration at Harvard Business School. Thomke's research is focused on the process, economics, and management of experimentation and testing in the context of innovation management. Thomke's highly cited research has been published as research articles, case studies and notes extensively in books and leading journals such as California Management Review, Harvard Business Review, Journal of Product Innovation Management, Management Science, Organization Science, Research Policy, Sloan Management Review, Strategic Management Journal and Scientific American. The topic is his book Experimentation Works: The Surprising Power of Business Experiments. In this episode of Trend Following Radio we discuss: Experimentation Works Overcoming Cultural Issues Brainstorming Think Outside the Box High Velocity Jump in! --- I'm MICHAEL COVEL, the host of TREND FOLLOWING RADIO, and I'm proud to have delivered 10+ million podcast listens since 2012. Investments, economics, psychology, politics, decision-making, human behavior, entrepreneurship and trend following are all passionately explored and debated on my show. To start? I'd like to give you a great piece of advice you can use in your life and trading journey… cut your losses! You will find much more about that philosophy here: https://www.trendfollowing.com/trend/ You can watch a free video here: https://www.trendfollowing.com/video/ Can't get enough of this episode? You can choose from my thousand plus episodes here: https://www.trendfollowing.com/podcast My social media platforms: Twitter: @covel Facebook: @trendfollowing LinkedIn: @covel Instagram: @mikecovel Hope you enjoy my never-ending podcast conversation!

The Smith Business Insight Podcast
Start-up Cycle: Scaling

The Smith Business Insight Podcast

Play Episode Listen Later Nov 12, 2019 37:43


One of the challenges when you are growing your business is finding the right balance: do you grow the leadership team first, or focus on the sales force? And how far into the future should you be casting your gaze? We tackle these questions and more as we explore the subject of scaling with Eva Wong, co-founder and COO of Borrowell, and professor Jim Hamilton, an expert in sales management who has plenty of his own experience growing start-up companies. We will also hear the management evidence on what makes great entrepreneurial teams tick. Your host is Meredith Dault. This episode refers to the following research: T. Yu-wen Huang et al, “Which matters more? Group fear versus hope in entrepreneurial escalation of commitment” in Strategic Management Journal (2019 early publication online) L. Jin et al, "Entrepreneurial team composition characteristics and new venture performance: a meta-analysis” in Entrepreneurship Theory and Practice (2017) 743-771 Y. Dai et al, "The direct and indirect impact of gender diversity in new venture teams on innovation performance” in Entrepreneurship Theory and Practice (2019) Vol. 43(3) 505–528 Special Guests: Alan Morantz , Eva Wong , and Jim Hamilton .

The Sustainability Agenda
Episode 42: Sustainability: a new way of doing business. How Interview with George Serafeim, the Jakurski Family Associate Professor of Business Administration at Harvard Business School.

The Sustainability Agenda

Play Episode Listen Later Mar 22, 2018 55:20


George Serafeim is the Jakurski Family Associate Professor of Business Administration at Harvard Business School. He has a wide range of research interests including international business, corporate governance and corporate reporting, with a special focus on sustainability. George has presented his research in over 60 countries and is one of the most popular business authors, according to rankings of the Social Science Research Network. Serafeim also has extensive experience as a senior adviser of investment managers and corporations around the world and as a board member in both the non-profit and private sectors. He served as a member of the Standards Council of the Sustainability Accounting Standards Board (SASB) and sits on the board of the High Meadows Institute. In 2013 he co-founded KKS Advisors, a consultancy firm that applies robust academic research to support organizations to develop effective strategies for sustainability. His work has been published in numerous academic and practitioner journals such as the Strategic Management Journal, the Journal of Finance and the Harvard Business Review, and has appeared in media outlets including the Financial Times and the Wall Street Journal. In this interview, Serafeim discusses how sustainability factors can be embedded within the corporate sector. He differentiates between two different forms of sustainability; one that seeks competitive advantage versus one that advocates a new standard of doing business. He argues that while the free market is a very powerful idea, it is clear that strong institutions and effective integrated reporting on ESG are needed in order to deliver sustainable prosperity. He makes the case for corporate leadership on sustainability issues by arguing that corporations are best positioned to implement long-term strategies. He argues that the critique of inherent short-termism often levelled at markets actually reflects a failure of organisational management and vision. Moreover, Serafeim argues that the fiduciary responsibility to maximise returns to shareholders can be overcome at the board level. He finishes by briefly discussing the role of investment in embedding ESG factors and the role of new business models such as the benefit corporations. The post Episode 42: Sustainability: a new way of doing business. How Interview with George Serafeim, the Jakurski Family Associate Professor of Business Administration at Harvard Business School. appeared first on The Sustainability Agenda.