When the most important asset of a company is human capital, attracting and retaining high-quality, motivated employees is the key to sustainable competitive advantage. High employee satisfaction makes the company attractive to the highest-quality potential employees, and keeps current employees motivated to do their best. The impact of employee satisfaction is found in the company’s results. […]
Read More… from Does Employee Satisfaction Improve Company Value? It Depends…
Mined materials are in many if not most of the products we buy — from the obvious such as jewellery to the not so-obvious, such as the number of mined materials in our ubiquitous cell phones. Mining, however, is known as the industry that degrades the environment, causes birth defects from polluted waters, and destroys […]
Read More… from The World Needs Mining, but Mining Must Change
Online communities can be the source of staggering feats of pooled knowledge creation, with volunteers from around the world combining their expertise. Think of Wikipedia, or of Linux, or even the online community helping NASA to map craters on Mars. “Open-source software development creates products that are as good (some say, even better) as those […]
Read More… from How Leaders Emerge in Online Communities
The increasing sophistication of communication technologies and channels, data analytics, market intelligence, and virtual working in organizations has dramatically increased the strategic importance of information. At the same time, digital literacy in the boardrooms of the organizations this affects remains far too low. This has created a leadership vacuum that the CIO can potentially fill. […]
Read More… from Five Things a New CIO Must Do to Operate as a Business Leader
Entrepreneurs innovating in the technology space often lack the know-how or “specialized complementary assets” within their companies to successfully commercialize their innovations. Consequently, to date, the academic literature on this subject has advised them to contract with or license the commercialization to incumbent companies that already have an established market presence. In the short term […]
Read More… from Should Technology Innovators Participate in the Commercialization Process?
Traditionally, industry-leading companies used to be large conglomerates that gained their dominant competitive advantage through an accumulation of assets and positions, which gave them unbeatable economies of scale. Thanks to the diversity of their portfolios, these conglomerates had a wide reach, allowing them to pursue short-term profitability and growth wherever they could find it. Today, […]
Read More… from What Your Company Can Learn from Supercompetitors
A company’s business model is the ultimate measure by which it is judged, as it expresses the underlying logic of its business. Most importantly, it explains how it creates and captures value—something The Economist describes as a company’s raison d'être. So how do you ensure something so important remains secure from competition? One way is […]
Read More… from IP Management Strategies for Profiting from Business Model Innovation
A report published in 2012, Value Creation in Listed European Family Firms, showed that listed European family businesses have created more value over the last decade than non-family concerns, achieving far higher prices on the stock exchange. Using a sample of 2,423 European listed companies monitored during the period 2001-2010, it took a much broader […]
Read More… from The Ties That Bind: How Family Businesses Create Value