Management

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    Board directors are supposed to have broad knowledge, but are they also narrow experts?

Board directors are supposed to have broad knowledge, but are they also narrow experts?

We all know about the experts who know so much about so little, and so little about so much. Scientists and artists are prime examples of specialised occupations whose members are suspected of being impractical in daily life.

Managers, on the other hand, are supposed to have broad and practical knowledge, and to be flexible in what they do. These […]

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    Two wrongs make a right: Why the trans-Atlantic antitrust rift is necessary in the global economy

Two wrongs make a right: Why the trans-Atlantic antitrust rift is necessary in the global economy

Less than week after the European Commission hit Google with a record £3.9 billion fine for abusing its dominant position in Android, Google’s quarterly earnings report came in: a noticeable dip in profits — down to $2.8 billion from the expected $7.8 billion—but a rise in share price—up almost 6 per cent.

Investors seemed to shrug off the giant fine […]

Gun control activism reaches the corporate boardroom

It was the first meeting of a publicly traded gun company following the Feb. 14 school shooting in Parkland, Fla., that left 17 dead and sparked a wave of anti-gun activism. And the shareholders of Sturm Ruger delivered a surprise.

A coalition of Catholic nuns backed by the giant asset management firm BlackRock pushed through a proposal – over management […]

The persistence of driver bias on ride-sharing platforms

Ride-sharing platforms, such as Didi Chuxing, Uber, Lyft, and Via, are a manifestation of the sharing economy that has been disrupting traditional taxi industries worldwide. These platforms employ a simple-to-use mobile app to enable customers to request a ride. On the other side of the platforms, the app connects the rider to available local drivers who will fulfil the […]

July 31st, 2018|Management|0 Comments|
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    Our inherent vulnerability and dependence on others in the workplace

Our inherent vulnerability and dependence on others in the workplace

“It is hard to see for an outsider that you become friends with these people—business friends. You trust them and their work. You have an interest in what they’re doing outside of business” (An interviewee quoted in Uzzi, 1997)

As members of organisations, human beings remain inherently vulnerable, facing threats and obstacles stemming from uncertainty, information asymmetries, and even potentially […]

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    Pay transparency: policymakers love it, but employees not so much

Pay transparency: policymakers love it, but employees not so much

On average, women still earn less money than men in most developed countries around the world according to the OECD. In the US and UK, for example, women are paid between 82 and 85 cents for every dollar a man earns. As a potential remedy to this issue, many legislators and organisations have begun to adopt pay transparency policies. […]

Why CEOs misbehave

Sometimes CEOs misbehave. This misbehaviour has terrible consequences for the CEO, the organisation and society, yet still – they do it. Recent estimates suggest that fraud, a specific type of wrongdoing, results in a loss of 5 per cent of sales for a typical company every year and a global loss of about $3.7 trillion. With such clear consequences, […]

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    Misfit: what do you do when you can’t be yourself at work?

Misfit: what do you do when you can’t be yourself at work?

The misfits, the rebels, the troublemakers, the round pegs in the square holes, the ones who see things differently. They’re not fond of rules, and they have no respect for the status quo. You can quote them, disagree with them, glorify or vilify them. About the only thing you can’t do is ignore them.  —   Steve Jobs
Most of us, like Steve Jobs, have come […]

Single and no kids? Who is work-life balance for?

Work-life balance has been a hot topic for organisations and HR practitioners for many years – linked to range of individual and organisational benefits. The shift from the terms ‘family-friendly’ and ‘work-family balance’ to the more inclusive ‘work-life balance’ around 2000 indicated a shift in rhetoric that all employees, regardless of domestic situation, deserved a suitable balance between the […]

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    What Twitter reveals about a company’s reputation and productivity

What Twitter reveals about a company’s reputation and productivity

Reputation plays an important signalling role in an imperfect information world and companies endeavour to preserve it. In this study, I evaluate empirically the role of reputation for companies that engage in Twitter. The results confirm that getting negative tweets, many expressing grievances, strongly correlates with low firm performance, suggesting the importance of social media (SM) in times when […]

The ethical downside of hiring based on internal referrals

Increasingly, organizations are turning to referral-based methods to hire new employees (i.e. “recommend a friend/acquaintance”). In fact, these practices are estimated to account for up to 50 per cent of new hires and some organizations pay up to $20,000 to people referring someone they know for a job. The practice itself is relatively simple – it consists of a hiring manager […]

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    Rowntree and the search for a British approach to management

Rowntree and the search for a British approach to management

The Rowntree management conferences are a unique repository of thinking about management in general and British management in particular. Held over a span of nearly twenty years, they encapsulate a certain strand in management thought that, unlike many other contemporary management theories, was liberal, human-centred and forward-looking. They are an experiment – tried once and never really repeated – […]

June 14th, 2018|Management|0 Comments|

Ten questions to help you turn strategy into reality

Sustainable growth depends on delivering the right strategies the right way. Yet this is something that organisations appear ill-equipped to do. Our work at the Brightline Initiative is examining what causes the gap between strategy and implementation and how it can be closed. Our research suggests that business leaders need to answer ten key questions for their strategies to more effectively […]

How the WPP board bungled Martin Sorrell’s departure

At first sight, Martin Sorrel’s departure from Wire and Plastic Products (WPP) — the company he founded and grew into an industry-changing and defining global force — underlines the importance and significance of independent-minded supervision of executive boards by non-executive directors. To many it appeared that the WPP board behaved impeccably when they appointed external legal advisors to investigate […]

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    Being the boss is not always good: power taints how we interact with others

Being the boss is not always good: power taints how we interact with others

Lord Acton’s quote that “power corrupts, and absolute power corrupts absolutely” probably conforms to most of our experiences with powerful people. People who feel powerful tend to be self-focused, less empathetic, a little more rude or pushy, and just generally difficult to deal with. While most people generally understand that power makes others more difficult to deal with, one […]

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    Corporate social responsibility and the dehumanisation of people

Corporate social responsibility and the dehumanisation of people

One of the hallmarks of moral and ethical progress in the world of business has been the increasing recognition of just how embedded organisations are in the wider social, cultural and physical environments that they occupy. It might seem a trite notion to many now, but the idea that firms influence – and are influenced by – the wider […]

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    Charting a course for investment management in the 4th industrial revolution

Charting a course for investment management in the 4th industrial revolution

The problem with the future is that it is not here yet. Virtually every aspect of our lives is in a state of flux. While change may have always been a constant, several factors come together to make this an industrial revolution of a fundamental kind. Every profession is having to grapple with existential questions as well as questions […]

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    What power does to you – the psychological consequences of power

What power does to you – the psychological consequences of power

We often blame the behaviours of those who have power and abuse it on the individual and his or her personality. That is, we make what psychologists call a dispositional attribution. But there is more to individual and personality differences when it comes to understanding the behaviour of those in power. In fact, what is often occulted are the […]

Facebook’s light approach to corporate governance

Amongst the regular challenges of modern governance are the corporate scandals. These have affected almost every business sector, most recently of course the so-called disruptive Big Tech companies. It seems none of these social media technology companies are exempt from scandal. Google have been accused of abusing the dominance of its Android smart phone operating system and Apple were […]

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    Mismanaged souls: why does employee engagement remain stubbornly low?

Mismanaged souls: why does employee engagement remain stubbornly low?

You would have to have been in solitary confinement in a particularly remote location during recent years not to be aware of the tidal-wave of interest there has been in employee engagement. High levels of engagement have been associated with a host of important benefits to both employers in terms of raised performance and productivity, and for employees in […]