Imagine. You’re the owner of a company that manufactures and sells green energy products. They’re a bit more expensive than the competition, but that’s the cost of ecology. You could rightly be described as a business making a positive impact on society. Your priority is turning a profit – it has to be – but you’re also in it […]
The use of job experience in hiring decisions is ubiquitous. For example, a recent analysis of online job ads showed that over 80 per cent of the ads stated that experience was required or preferred, even for many entry-level jobs. Examples of the types of experience organisations require or prefer include years of work experience, number of previous jobs […]
There have been many recent examples when personal politics has collided with professional workspaces. In November of 2016, Geoff Lewis, a partner at Founders Fund (a venture capital firm founded by Peter Thiel), penned a blistering critique of reality TV culture and the rise of Donald Trump. This article was posted just as Thiel, one of Trump’s highest-profile Silicon […]
“I am bored!” “This piece of work is so boring.” Many of us at work are familiar with these sentiments expressed by colleagues at work. Indeed, some companies like Google Singapore and Zappos have gone out of their way to let their employees have fun at work. Benefits associated with fun at work include greater job satisfaction, engagement, and […]
From a series of classroom discussions at Paris-Dauphine University focused on the transformation of work, we were able to identify three key trends.
The first striking point is the inflation of words, fashionable concepts, ideas and debates around the transformation of work (especially the keyword and hashtag #futureofwork and the strange absence of the keyword #futureofmanagement). Interest in the future […]
On 18 April 2019, Amazon announced that, “We are notifying sellers we will no longer operate a marketplace on Amazon.cn [Amazon’s Chinese Site] and we will no longer be providing seller service on Amazon.cn effective July 18”. By closing its online store in China that allows the country’s consumers to buy from Chinese merchants, after being comprehensively defeated by domestic […]
The favourite saying of one of the executives we work with is: “The opposite of well done is well planned.” While we do not fully agree, he has a point: We love to emphasise the importance of details in strategy planning. This leads to a false confidence that all we need to do is “push the button” and lean […]
More than 20 years ago, in a now-classic manifesto, Tom Peters announced to the world that branding was no longer the domain of companies alone: regular people must also become marketers for their own “brands” — “the brand called You” — and actively ensure that the world perceives them as they wish to be perceived. That once-novel idea has […]
Right now a general sense of uncertainty is sweeping the nation. Brexit, an obesity epidemic, the NHS at breaking point, global warming and unrealistic house prices are just some of the hurdles Britain currently faces. You only have to turn on the news to feel some major pangs of anxiety. The extreme level of chaos in our outer world […]
Interest in the role of spirituality in organisational life has been growing rapidly in the past few decades. Numerous books and articles have explored the benefits of spirituality and religion for the effectiveness, well-being and ethicality of the modern workplace. There is both an expanding academic discourse on the meaning of spirituality at work, as well as a related […]
Numerous studies have shown that people with large networks who have many friends and work relationships are less likely to quit their job than people who only have small work-related networks. But do people who think of quitting their job change their networks at work? Do they change the people they go to for advice or seek out for […]
“I have worked with many recruitment agencies. In fact, some people asked for what in French is called a BBR; it’s a code to say a “Bleu-Blanc-Rouge” – the colours of our national flag. It was to tell the recruitment agency ‘I am a racist company but I do not want it to appear as such so I use […]
Corporate strategy is rife with imitation, a keeping-up-with-the-Joneses mentality, writ large. Our research suggests that high-level organisational imitation can have more to do with personality than it does with rationality. Specifically, firms are more likely to emulate competitors led by charismatic CEOs and less likely to emulate competitors led by narcissists. This bias toward or against a chief executive’s […]
Business opportunities have become increasingly abundant, as prices continue to plummet for advanced technologies – from 3D printers, to electrical vehicle battery packs, and commercial drones – and essential digital services, such as the cloud and global bandwidth. While many companies are seeing these opportunities, most are unable to capture them fast enough.
There are two main reasons for this. […]
Perusal of the business news on any given day reveals corporate behaviour unbecoming a civil member of society. Whole Foods Market’s CEO John Mackey used an alias on Yahoo Finance’s bulletin board for seven years to post comments that maligned rival Wild Oats Markets while boosting perceptions of his own firm. Both Uber and Lyft claim the other secretly […]
In monastic organisations, silence has always been at the heart of collective life. In that context, being and acting together are silent endeavours. Monastic movements started with pure and absolute loneliness; monks or sisters would escape the world and live a secluded life in a cave or a desert. For some, this experience was fulfilling. For others, it turned […]
Cooperation is an essential aspect of life, from bacterial biofilms to social insects, and from friendships and workplace collaborations to environmental conservation, political participation, and international relations. Yet establishing cooperation in a competitive world suffers from two closely connected problems. For one, there is the risk for cooperators to be the “sucker”, i.e. one of the few people cooperating […]
An economy where the highest paid business leader pockets £265 million for one year’s work, while the number of working families in poverty rises to a 20-year high, is one that needs to address its income gaps.
Denise Coates, the chief executive of gambling group Bet365, has been paid £265 million in 2017 at a time when many of those in […]
Could a single tweet destroy your company? Just a few years ago, a question like that might have seemed absurd. But now that possibility is something that executives and investors around the world are increasingly thinking and worrying about. Perhaps the most prominent evidence of this trend arrived at the start of 2018, when BlackRock’s Larry Fink laid out […]