How important is corporate culture to the success of a company, and what factors play into developing an effective or ineffective culture? A team of researchers from Duke University’s Fuqua School of Business and Columbia Business School explored these questions through an extensive survey of 1348 CEOs and CFOs, followed up by in-depth interviews with […]
Read More… from Corporate Culture: A Key Drivers of a Firm’s Value
The departure of a CEO inevitably leads to disruption and uncertainty — from a nervous workforce unsure of what the future will look like to the markets monitoring carefully the performance of a new leader in a new situation. Often, other top managers may decide that a leadership change is a good time to leave […]
Read More… from Succession Planning Reduces Turmoil and Economic Impact of Departing CEO
In the annual global MIT/Deloitte survey of executives and managers, 90% of respondents recognized that digital trends would disrupt their industries. Only 44%, however, believed their organizations were prepared for the disruption. Parsing the data in the survey returns, the MIT/Deloitte team were able to divide the companies of respondents into three categories: early-stage, developing, […]
Read More… from Aligning Your Organization for the Digital Future
Past research has consistently demonstrated the advantages of having women as CEOs, including more innovation and the fostering of a more collaborative work environment. Despite these advantages, markets tend to react unfavourably to any announcement of a new woman CEO. One could assume that investors are simply biased against women CEOs, believing that only the […]
Read More… from New Female CEOs: Quiet Media Coverage Avoids Negative Market Reaction
In today’s workplace, driven by demographic changes and the evolution in our social attitudes, diversity competencies in managers and leaders are required. Such competencies are based on the following abilities: attitudinal (for example, adapting to other cultural norms, withholding judgment) skills (practicing appropriate etiquette, seeking local expertise). managerial (using culturally appropriate motivational tools) knowledge (following […]
Read More… from Diversity and Inclusion: Key Success Factors for Today’s Companies
Building on existing research that draws links between identity development and leaders’ development, the authors followed a group of 55 high-potential managers over one year in an international MBA program. In particular, they studied their experiences on the Personal Development Elective (PDE) – a highly-rated course in which students work with a psychotherapist. They found […]
Read More… from Leadership Development: Up Close and Personal