Idea posted: November 2017

Institutions: University of Chicago Booth School of Business    UCLA Anderson School of Management   

Why do employees make retirement savings decisions that go against their best interests? A 2004 paper by Nobel Prize-winning economist Richard Thaler of the University of Chicago, co-authored with fellow…

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…

Idea posted: June 2014

Institutions: Henley Business School   

Leaders drive the process of organizational learning and adaptation by providing time and space, granting the freedom to explore and fail, and by encouraging those around them to look at…

Idea posted: October 2013

Institutions: IMD   

In the quest to achieve global efficiency, often companies find themselves faced with a dilemma: how can they manage the various processes needed to run a global organization, yet keep…

Idea posted: July 2014

Institutions: University of Virginia Darden Business School   

Innovation through collaborative teams can succeed or fail in large part based on resources dedicated to the venture. While many factors may ultimately impact success or failure, all else being…

Idea posted: February 2013

Institutions: Harvard Business School    The Wharton School of the University of Pennsylvania    University of North Carolina Kenan-Flagler Business School   

A research study set out to examine how effective extraverted leadership actually is on group performance, and what characteristics on the part of employees also play a role in this.…

Idea posted: October 2013

Institutions: Harvard Kennedy School    Harvard Business School    University of North Carolina at Chapel Hill   

Seasonal depression is well-known and has traditionally been easy to recognize: difficulty concentrating, low levels of energy, etc. — all related to bleak winter weather conditions. So naturally, it follows…

Idea posted: March 2016

Institutions: LUISS Guido Carli    Nova School of Business and Economics    University of Technology Sydney   

Despite its best intentions, a company may have structures and processes in place that allows it to construct its own misfortune. This is organizational ‘zemblanity’, a term coined by writer…

Idea posted: May 2023

Institutions: Case Western Reserve University   

A wide-ranging overview of related psychological studies reveals that, without exception, bad has a greater impact than good, no matter the context. Here is some of the evidence presented by…