Work-from-home (WFH) flexibility was once available only to a select group of employees and professions. The sudden emergence of the Covid-19 pandemic forced companies in many industries to make WFH arrangements for as many of their employees as possible. This forced natural experiment allowed both companies and their employees to experience the benefits and pitfalls […]
Read More… from Work from Home and Job Satisfaction: It’s Complicated
A new study of employee misconduct in the financial services field reveals that supervisors have the most significant impact—negative or positive—on employee misconduct in their firms. Based on 10 years of data from broker-dealer investment firms, the study by Zachary Kowaleski of University of Notre Dame’s Mendoza College of Business, Andrew Sutherland of the MIT Sloan School […]
Read More… from Why Supervisors Are the Keys to Preventing Employee Misconduct
In 2019, 181 CEOs signed a Business Roundtable Statement on the Purpose of a Corporation. The statement reflected a growing sentiment in corporate governance attitudes that the purpose of a corporation extends beyond maximizing shareholder value to maximizing the value for the benefit of all stakeholders—which according to the Statement include “customers, employees, suppliers, communities […]
Read More… from Stakeholder Value: Best for Everyone or Just Poor Performers?
New research into the personal history and decisions of division managers, CEOs and directors of nearly 360 S&P 1500 industrial conglomerates reveals the extent of the gender bias that exists in large corporations, and highlights some of the surprising origins of the bias. Specifically, the in-depth study led to the following findings: 1. CEOs are […]
Read More… from CEOs-Gender-biased Formative Years Has a Negative Economic Impact
Effective performance feedback is a key factor in successfully managing and motivating employees. Companies recognize that what information the employee receives and how frequently can impact the effectiveness of the feedback. One variable not always considered, however, is how the feedback is delivered. Gaming offers some innovative ways to present performance feedback beyond the annual […]
Read More… from Gaming Elements in Performance Feedback Inspires Effort
One of the fastest growing facets of social media marketing is the use of paid endorsers — a fashion blogger, for example, paid by a fashion designer to post a picture of herself wearing one of the designer’s pairs of earrings. Two researchers from the Wharton School of the University of Pennsylvania conducted a field […]
Read More… from Varied Effectiveness of Paid Endorsements on Social Media
The idea of a new invention may seem to suddenly appear in the imagination of the inventor. In truth, the inventor has carefully constructed the idea by combining different ‘elements of knowledge’. These elements include natural phenomena and knowledge from previous scientists and inventors (not to mention the contributions of practitioners of the liberal arts […]
Read More… from Uncovering the Elements of Knowledge at the Heart of Innovation
Entrepreneurs need money to fund their ideas. Many legendary start-ups received their early funding from venture capitalists. However, VC’s are now more interested in contributing to later stage companies rather than take a chance with early stage start-ups that have a much greater chance of failing. Into the breach steps the Internet-based crowdfunding platforms, in […]
Read More… from Crowdfunding Still Attracts Local Investors to Local Ventures
The relation of appearance to success is no longer questioned. Various studies have shown that taller (for men) and more attractive (for both men and women) people reach higher levels of leadership, make more money, and are more respected by their peers than less attractive people. These and other measures of success, however, focus on […]
Read More… from How a CEO’s Attractiveness Can Boost Shareholder Value
Parents will naturally have an impact on their children’s values. New research, however, is showing that the opposite is also true: children, and in particular daughters, are impacting their parents’ values and beliefs. The surprising influence of daughters was previously revealed in studies that compared the decisions of members of Congress and (in a separate […]
