When a corporate scandal erupts, the same questions emerge: What was the board of directors doing? How could it let this happen? Why were directors not doing a better job of monitoring corporate management? Failure in corporate governance is often attributed to board members’ incompetence or lack of incentive. After reviewing nearly 300 academic journal […]
Read More… from Why Boards of Directors Fail at Monitoring Their Companies
A company in the facility engineering industry took on a large and complex project that presented both technical challenges and was subject to legal regulations that affected customer requirements. Unfortunately, the steering committee (SC) in charge of the project never really understood the key trade-offs and risks in the project. Unaware of the technical or […]
Read More… from Supervising Projects Despite Limited Time and Expertise
Being aware and attending to the emotions of others is recognized as one of the key skills of today’s transformational leaders — leaders who inspire and engage their people. However, when most leadership experts and researchers talk about a leader’s ‘people’ or ‘followers,’ they are tacitly referring to individuals. In other words, the transformational leadership […]
Read More… from Reading Group Emotions Is Key to Transformational Leadership
Some people are motivated by growth goals — goals that reflect aspirations and ambitions. In psychological terms, these people are promotion-oriented. In contrast, prevention-oriented people are motivated by goals that stress responsibility and safety. The word ‘prevention’ is used since their motivation is often framed by something they want to avoid. For example, prevention-oriented people […]
Read More… from Crisis Communication: Emphasize the Positive
Job satisfaction is often linked to the quality of the working relationship between an employee and his or her supervisor. A poor relationship can lead to an increase in turnover intention — the desire or intent to leave — and eventually turnover itself: the employee quitting the job, sometimes even in the absence of a […]
Read More… from Bosses Who Treat Women Middle Managers Will Have Happier Frontline Employees
Psychopaths are manipulative, bullying, lying and egocentric people without a conscious. They use coercion and intimidation to get what they want, and never have a sliver of remorse for their deceit or the pain that they cause. Some psychopaths become criminals and end in prison. Others, called corporate psychopaths, use lies and intimidation to succeed […]
Read More… from Corporate Psychopaths: A Menace to Your Organization
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
The research is consistent and unequivocal: media multitasking — that is, doing multiple tasks at the same time with at least one of those tasks involving some kind of media — reduces efficiency. Studying in front of the TV is less productive than studying with the TV off. However, media multitasking continues to increase in […]
Read More… from Media Multitasking: Unproductive but Gratifying
How much does the personality of a CEO impact his or her decision-making and the performance of the firm? A team of researchers explored connections between the personality traits of more than 4500 CEOs and their investment and financing decisions and the performance of their firms. Their study offers a glimpse into how personality can […]
Read More… from How CEO Personality Impacts on Firm Performance
Behind all human progress is the question: What’s Next? Asking “What’s Next?” led humankind from the invention of the wheel to the building of the pyramids, the establishment of common laws, the printing press, the founding of universities, coinage and commerce, steamboats, passenger trains, the light bulb, space travel and, most recently, the iPhone. But […]
Read More… from 4 Nextsensing Skills to See What the Future Holds
