Idea posted: October 2013
Institutions: INSEAD The Wharton School of the University of Pennsylvania
Sunk cost bias has been blamed for everything from disastrous military campaigns to over-budget public works and is widely acknowledged as a serious obstacle to effective decision-making. Defined as the…
READ MORE PIN TO MY IDEAS Idea #225Idea posted: September 2013
Institutions: University of Toronto Rotman School of Management Yale University
Emotional intelligence — the awareness and understanding of emotions — has a variety of workplace applications and benefits. Leaders who perceive and relate to the emotions of those they direct…
READ MORE PIN TO MY IDEAS Idea #217Idea posted: September 2013
Institutions: Vlerick Business School
The KSV plastics company is in trouble. A myopic cost control program has created supply chain and production problems and made it difficult to deliver orders on time and…
READ MORE PIN TO MY IDEAS Idea #213Idea posted: September 2013
Institutions: Columbia Business School Harvard Business School
Most leaders now recognize (at least theoretically if not always in practice) the ineffectiveness of the old school top-down, command-and-control leadership style. The knowledge worker of the information age is…
READ MORE PIN TO MY IDEAS Idea #212Idea posted: September 2013
Institutions: Harvard Business School Rady School of Management Stanford Graduate School of Business
In a classic Harvard Business Review article published in 1981, Harry Levinson said “managing others… creates unending stress… Today’s managers face increasing time pressures with little respite.” Levinson’s view is…
READ MORE PIN TO MY IDEAS Idea #211Idea posted: September 2013
Institutions: Saïd Business School, University of Oxford University of Nottingham
In Aristotle’s great work the Nicomachean Ethics, happiness (eudaimonia) is not a feeling so much as a state — and a state with a distinctly moral dimension. Synonymous with ‘living…
READ MORE PIN TO MY IDEAS Idea #202Idea posted: August 2013
Institutions: NUS Business School
The ‘nature v. nurture’ debate has been around for centuries, argued over by psychologists, sociologists and the like; the business world has not escaped from it either. Whether leaders are…
READ MORE PIN TO MY IDEAS Idea #189Idea posted: July 2013
Institutions: Rotterdam School of Management, Erasmus University
A growing number of studies in both the field and the laboratory demonstrate that people are imperfect co-operators — they tend to co-operate only if others do so, and a…
READ MORE PIN TO MY IDEAS Idea #185Idea posted: July 2013
Institutions: IE Business School
The term “tribalism” was coined by sociologist Michel Maffesoli in the 1980s to explain a shift in Western society from one built around the individual to a world populated by…
READ MORE PIN TO MY IDEAS Idea #172