by HappyQuotient | Jul 4, 2018 | Harvard Biz, HBR, Management Tips
dave king/Getty Images No one wants to hire the wrong person. The recruitment, interviewing, hiring, and on-boarding of even one new employee is a time-intensive process every manager takes seriously. It’s also one of the hardest skills for a new manager to...
by HappyQuotient | Jul 3, 2018 | Harvard Biz, HBR, Management Tips
Daniel Libeskind, a former academic turned architect and urban designer, discusses his unorthodox career path and repeat success at high-profile, emotionally charged projects. He also talks about his unusual creative process and shares tips for collaborating and...
by HappyQuotient | Jul 3, 2018 | Harvard Biz, HBR, Management Tips
Bich Tran/pexels Do you get to the end of the day and feel that you’ve met your most pressing deadlines but haven’t accomplished anything that’s fundamentally important? You’re hardly alone. In a series of studies recently...
by HappyQuotient | Jul 3, 2018 | Harvard Biz, HBR, Management Tips
HBR Staff/Caspar Benson/Getty Images With the EU’s passage of the Circular Economy Package in April, many European companies are now facing mandates to reuse the products they create for as long as possible. The EU is not alone in seeking ways to convince firms...
by HappyQuotient | Jul 3, 2018 | Harvard Biz, HBR, Management Tips
Lee Powers/Getty Images People use imprecise words to describe the chance of events all the time — “It’s likely to rain,” or “There’s a real possibility they’ll launch before us,” or “It’s doubtful the...
by HappyQuotient | Jul 3, 2018 | Harvard Biz, HBR, Management Tips
Lee Powers/Getty Images People use imprecise words to describe the chance of events all the time — “It’s likely to rain,” or “There’s a real possibility they’ll launch before us,” or “It’s doubtful the...
by HappyQuotient | Jul 2, 2018 | Harvard Biz, HBR, Management Tips
malerapaso/Getty Images We love to read about the dynamics of success. We study it, celebrate it, and try to emulate how successful leaders rise to the top. I’m no different: I’ve spent my career helping executives succeed, either through coaching and...
by HappyQuotient | Jul 2, 2018 | Harvard Biz, HBR, Management Tips
Patrick Smith/Getty Images Agile — the management approach that relies on small, entrepreneurial, close-to-the-customer teams — has a reputation that reflects its rapid adoption in software development. It’s for techies. It’s for hip...
by HappyQuotient | Jul 2, 2018 | Harvard Biz, HBR, Management Tips
ISAAC LAWRENCE/stringer/Getty Images In 2006, 26-year-old Frank Wang started up DJI in a dorm room at Hong Kong University of Science & Technology. The legend goes that Frank’s father had given him an expensive remote-controlled model helicopter for doing...
by HappyQuotient | Jul 2, 2018 | Harvard Biz, HBR, Management Tips
ISAAC LAWRENCE/stringer/Getty Images In 2006, 26-year-old Frank Wang started up DJI in a dorm room at Hong Kong University of Science & Technology. The legend goes that Frank’s father had given him an expensive remote-controlled model helicopter for doing...
by HappyQuotient | Jun 29, 2018 | Harvard Biz, HBR, Management Tips
hbr staff/stan honda/Getty Images The General Electric story, of a long-proud initial member of the Dow Jones Industrial Average falling out of that index — and appearing to be in competitive free fall — provides a powerful illustration of...
by HappyQuotient | Jun 29, 2018 | Harvard Biz, HBR, Management Tips
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by HappyQuotient | Jun 29, 2018 | Harvard Biz, HBR, Management Tips
Do performance reviews fill you with anxiety? In this episode of HBR’s advice podcast, Dear HBR:, cohosts Alison Beard and Dan McGinn answer your questions with the help of Adam Grant, an organizational psychologist at the Wharton School at the University of...
by HappyQuotient | Jun 29, 2018 | Harvard Biz, HBR, Management Tips
Nicolo Campo/Getty Images Many companies have soared on the wings of radical ideas, from Polaroid’s instant camera to the sharing economy of firms like Airbnb. Chef Massimo Bottura likewise upended convention in 1995 when he opened his restaurant, Osteria...
by HappyQuotient | Jun 29, 2018 | Harvard Biz, HBR, Management Tips
Maskot/Getty Images If you knew about a technology that would help you improve organizational alignment, cut meeting times, and increase engagement in discussions, surely you’d use it all the time, right? You may be surprised to learn this powerful tool is...
by HappyQuotient | Jun 29, 2018 | Harvard Biz, HBR, Management Tips
TommyL/Getty Images Developing good relationships is a crucial aspect of leadership. Research shows that when people have a good relationship with their leaders, they’re more motivated, they perform better, and they’re more likely to go the extra mile to...
by HappyQuotient | Jun 28, 2018 | Harvard Biz, HBR, Management Tips
MATJAZ SLANIC/Getty Images William Wrigley Jr., the American chewing gum tycoon, once noted that business is built by men who disagree, and that “When two men always agree, one of them is unnecessary.” Indeed, not just in business but also in politics,...
by HappyQuotient | Jun 28, 2018 | Harvard Biz, HBR, Management Tips
MATJAZ SLANIC/Getty Images William Wrigley Jr., the American chewing gum tycoon, once noted that business is built by men who disagree, and that “When two men always agree, one of them is unnecessary.” Indeed, not just in business but also in politics,...
by HappyQuotient | Jun 28, 2018 | Harvard Biz, HBR, Management Tips
MATJAZ SLANIC/Getty Images William Wrigley Jr., the American chewing gum tycoon, once noted that business is built by men who disagree, and that “When two men always agree, one of them is unnecessary.” Indeed, not just in business but also in politics,...
by HappyQuotient | Jun 28, 2018 | Harvard Biz, HBR, Management Tips
Jorg Greuel/Getty Images Blockchain technology has the potential to do amazing things. It can provide an immutable, digital audit trail of transactions, and can be used to cheaply verify the integrity of data. It can help businesses and individuals agree, on a global...
by HappyQuotient | Jun 28, 2018 | Harvard Biz, HBR, Management Tips
Tim Robberts/Getty Images When an employee at your company asks for a raise, is that person treated fairly? Most organizations would like to say yes. But new data from PayScale, a compensation software and data company (disclosure: I work there), reveals that too...
by HappyQuotient | Jun 27, 2018 | Harvard Biz, HBR, Management Tips
Dirk Anschutz/Getty Images Raymond closed down. Sandra snapped. They both had solid records and promising career prospects, and yet they felt that something was not working. Their bosses, colleagues, friends could tell too, but they were equally puzzled. How could...
by HappyQuotient | Jun 27, 2018 | Harvard Biz, HBR, Management Tips
Dirk Anschutz/Getty Images Raymond closed down. Sandra snapped. They both had solid records and promising career prospects, and yet they felt that something was not working. Their bosses, colleagues, friends could tell too, but they were equally puzzled. How could...
by HappyQuotient | Jun 27, 2018 | Harvard Biz, HBR, Management Tips
Bhaskar Chakravorti, the dean of global business at The Fletcher School at Tufts University, analyzes the economic impact of India’s unprecedented demonetization move in 2016. With no advance warning, India pulled the two largest banknotes from circulation,...
by HappyQuotient | Jun 27, 2018 | Harvard Biz, HBR, Management Tips
Holger Weitzel/Getty Images Consumers almost always tell researchers that they prefer to have many versions of a product from which to choose. But, in fact, consumers’ perceptions of how many choices they prefer change depending on whether they intend to use an...
by HappyQuotient | Jun 27, 2018 | Harvard Biz, HBR, Management Tips
Pascal Deloche/GODONG/Getty Images Compared with the nerve-wracking prospect of giving a lecture, presenting on a panel may seem to be a safer option. After all, you’re responding to targeted questions rather than monologuing, and you’re not the...
by HappyQuotient | Jun 27, 2018 | Harvard Biz, HBR, Management Tips
Pascal Deloche/GODONG/Getty Images Compared with the nerve-wracking prospect of giving a lecture, presenting on a panel may seem to be a safer option. After all, you’re responding to targeted questions rather than monologuing, and you’re not the...
by HappyQuotient | Jun 26, 2018 | Harvard Biz, HBR, Management Tips
xefstock2/Getty Images The Post-It note. Facebook’s “like” button. The Sony PlayStation. These products are all held up as legendary examples of the power of intrapreneurship — entrepreneurial creativity and innovation within large,...
by HappyQuotient | Jun 26, 2018 | Harvard Biz, HBR, Management Tips
Peter Lourenco/Getty Images Bzzt. Bzzt. Bzzt. Sitting on a bench in the dog park, Elena Pelc glanced at her phone. She’d hoped to escape from work for the morning, but as the founder and CEO of 2 Proud Pups, a maker of all-natural dog care products, she...
by HappyQuotient | Jun 26, 2018 | Harvard Biz, HBR, Management Tips
hbr staff/James Worrell/Getty Images Nashville-based entrepreneur Sherry Deutschmann built her company, LetterLogic, into an enterprise with $40 million in revenue before selling it to a private equity firm in 2016. As the firm’s founder, Deutschmann went seven...
by HappyQuotient | Jun 25, 2018 | Harvard Biz, HBR, Management Tips
str/stringer/Getty Images When you’re promoted to a new job, there are a lot of relationships that need recalibrating. You have a new boss, new direct reports, and, importantly, a new set of peers — people who had been above you on the org chart but are...
by HappyQuotient | Jun 25, 2018 | Harvard Biz, HBR, Management Tips
David Aubrey/Getty Images How often are management concepts subjected to recalls by the people who invented them? It is hard to think of a single case. If an industrial product like a car fails the manufacturer pulls it back, tests it and, if necessary, re-equips it....
by HappyQuotient | Jun 25, 2018 | Harvard Biz, HBR, Management Tips
David Aubrey/Getty Images How often are management concepts subjected to recalls by the people who invented them? It is hard to think of a single case. If an industrial product like a car fails the manufacturer pulls it back, tests it and, if necessary, re-equips it....
by HappyQuotient | Jun 25, 2018 | Harvard Biz, HBR, Management Tips
hbr staff/jake hinds/unsplash Not long ago, I asked 100 CEOs attending a conference how many of them were currently involved in a significant business transformation. Nearly all of them raised their hands, which was no surprise. According to a study by BCG, 85% of...
by HappyQuotient | Jun 25, 2018 | Harvard Biz, HBR, Management Tips
yangleephoto/Imazins/Getty Images It’s a concrete fact that women earn less than men do. The true gender pay-gap is not known with certainty, but, when comparing equally qualified people doing the same job, most estimates by labor economists put it at...
by HappyQuotient | Jun 25, 2018 | Harvard Biz, HBR, Management Tips
yangleephoto/Imazins/Getty Images It’s a concrete fact that women earn less than men do. The true gender pay-gap is not known with certainty, but, when comparing equally qualified people doing the same job, most estimates by labor economists put it at...
by HappyQuotient | Jun 22, 2018 | Harvard Biz, HBR, Management Tips
Nisian Hughes/Getty Images When we teach strategy to MBA students, our student want magic bullets, things they can do to make their companies thrive forever. For a long time we emphasized “network effects” as a potential secret sauce for business models....
by HappyQuotient | Jun 22, 2018 | Harvard Biz, HBR, Management Tips
Tim Robberts/Getty Images There was a time when the American steel industry seemed invincible. The American automotive industry looked rock-solid. American consumer electronics industry seemed untouchable. In every one of these cases, global competition changed the...
by HappyQuotient | Jun 22, 2018 | Harvard Biz, HBR, Management Tips
CAPTION TEXT HERE/Getty Images Across the technology industry, subscription sales models are growing in popularity. The trend is having a big impact on sales forces. For example, an enterprise software company recently transitioned from selling custom software as...
by HappyQuotient | Jun 22, 2018 | Harvard Biz, HBR, Management Tips
vgajic/Getty Images There are many problems with the way most meetings are run. One of the most political is the invite list. Deciding who to include can be tough but too many managers default to including everyone. In an effort to not make anyone feel left out, they...
by HappyQuotient | Jun 21, 2018 | Harvard Biz, HBR, Management Tips
Jonathan-Knowles/Getty Images Almost every leader wants to make more time for strategic thinking. In one survey of 10,000 senior leaders, 97% of them said that being strategic was the leadership behavior most important to their organization’s success. And yet in...
by HappyQuotient | Jun 21, 2018 | Harvard Biz, HBR, Management Tips
Phil Ashley/Getty Images A little over a year ago, a high-performing specialist at one of the largest technologies companies — we’ll call him Santiago — was given an opportunity no high performer could turn down: an opportunity to play...
by HappyQuotient | Jun 21, 2018 | Harvard Biz, HBR, Management Tips
Andrew Chislett/EyeEm/Getty Images In a San Francisco federal court, the Communication Workers of America union recently expanded the scope of the class action suit they filed last December against some of the country’s largest employers — a diverse...
by HappyQuotient | Jun 21, 2018 | Harvard Biz, HBR, Management Tips
Jeong Woo Kim/EyeEm/Getty Images When I ask executives what their favorite speech is, Steve Jobs’s Stanford commencement address is always at the top of the list. Many think of Jobs’s talk as their favorite because it is incredibly moving — thanks to...
by HappyQuotient | Jun 20, 2018 | Harvard Biz, HBR, Management Tips
Scott Barbour/Getty Images When we talk about bias, we often tie it to acts of discrimination or prejudice. But according to cognitive science, everybody, by virtue of having a brain that’s constantly seeking efficiency, is biased in some way — and not all...
by HappyQuotient | Jun 20, 2018 | Harvard Biz, HBR, Management Tips
The challenges facing leaders today create a complex business landscape: Your business is more global, the pace is faster, technology is reframing your competitive world while customers, armed with more information and more choices, are changing their expectations and...
by HappyQuotient | Jun 20, 2018 | Harvard Biz, HBR, Management Tips
J PAT CARTER/Getty Images Teachers have had enough. Since March, schools in West Virginia, Oklahoma, Kentucky, Arizona, Colorado and North Carolina have either been shut down or turned into sites of resistance. In Kansas, teachers are threatening to strike because...
by HappyQuotient | Jun 20, 2018 | Harvard Biz, HBR, Management Tips
px photography/Getty Images There are two contemporary strategic imperatives, among others, that many executives are grappling with: (1) competing in emerging markets and (2) partnering with startups to gain exposure to novel ideas and opportunities. While each...
by HappyQuotient | Jun 19, 2018 | Harvard Biz, HBR, Management Tips
Heidi Grant, a social psychologist, explains the right ways and wrong ways to ask colleagues for help. She says people are much more likely to lend us a hand than we think they are; they just want it to be a rewarding experience. Grant is the author of Reinforcements:...
by HappyQuotient | Jun 19, 2018 | Harvard Biz, HBR, Management Tips
hbr staff/thelinke/Getty Images After the school shooting in Parkland, Florida, in February 2018, Dick’s Sporting Goods announced that it would no longer sell semiautomatic rifles in its hunting and fishing stores (it had already stopped selling them at its main...