Management
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Customers Are Taking a Shine to Eco-friendly Products
At the supermarket, drugstore, and mall, eco-friendly options abound for everything from laundry detergents to toothpaste. Past research has suggested that people tend to believe these greener, more-sustainable alternatives aren’t as effective as traditional products—for instance, that dishwashing soap with “natural” ingredients will leave their plates less sparkly than “regular” soap. This phenomenon is often…
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Why Big Problems Can Feel Small
From lobbyists to nonprofit organizations, advocates for all kinds of causes often use statistics to illustrate how widespread a problem is. A fundraising campaign for Alzheimer’s might mention that nearly seven million people are living with the disease, for example. Similarly, a social-justice campaign might assert that the lifetime risk of incarceration for Black men…
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Work Hard, Play Hard, Bogotá Style: A Download on the SFI’s Complexity Global School
Earlier this month, Georgia Meyer, a PhD candidate in Information Systems and Innovation at the Department of Management at LSE, spent two weeks in Bogotá for the third edition of the Santa Fe Institute’s (SFI) Complexity Global School for emerging political economies. Here she shares her experience of the programme and encourages others who might…
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The High Cost of Executives’ Intellectual Property Blind Spots
Chris Gash / theispot.com The Research To understand the intellectual property knowledge that executives need and may be missing, the authors fielded a survey to an upper-echelon sample of 407 senior IP managers: 321 from the IAM 300 list, and a convenience sample of 86 senior IP strategists from the researchers’ networks. Data was collected…
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Four Traits of Forward-Looking CEOs
Grundini/Ikon Images A profound shift is underway in global leadership. Organizations are confronting technological disruption, geopolitical risk, climate urgency, and rapidly evolving social expectations. It’s clear that the leadership models of the past — built on hierarchy, control, and confidence about how the future will unfold — are no longer fit for purpose. I’ve both…
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Leaders at All Levels: How Bayer Simplified to Unleash Innovation
What happened when pharma giant Bayer radically simplified its management structure and empowered teams to run with new ideas? In just one example, a product team at Bayer brought a billion-dollar drug to market a year faster than was typical. In this episode of Leaders at All Levels, learn how the 90,000-employee company transformed its…
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How the EU’s Taxonomy Combats Greenwashing
Alex Nabaum/theispot.com Despite a recent retrenchment of corporate environmental, social, and governance (ESG) initiatives, asset managers and companies know that sustainable business practices are crucial for reducing risk and delivering shareholder value. Still, they need a reliable way to tell when a business’s activities are truly green and when it’s greenwashing — claiming that its…
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Accelerating Manufacturing Innovation at Michelin With Data and AI
Carolyn Geason-Beissel/MIT SMR | Getty Images How does a manufacturing company founded in the 19th century apply data and artificial intelligence to transform its business? At Michelin Group, a French multinational manufacturing company founded in 1889 by the brothers Édouard and André Michelin, today’s leaders are figuring that out. Michelin is the second-largest tire manufacturer…
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Take 5: AI’s Past, Present, and Future
The rise of artificial intelligence has been rapid and broad, with rampant excitement—and concern—about how the technology will transform industries, the economy, and people’s lives. In this roundup, we dive into research and insights from Kellogg faculty on AI’s past, present, and future, and its implications for scientists, advertisers, and the labor force. 1. An…
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The Missing Link Between Purpose and Performance
Andrew Baker/Ikon Images Business leaders use corporate purpose to define the strategic direction of a company and imbue the collective efforts of its employees with a meaning beyond simply increasing shareholder value. For example, Veolia, a large global service provider in energy, waste, and water management, pledges “ecological transformation, that is our purpose,” while toolmaker…