strategy+business - All Updates Read commentary, research, and practical ideas that bridge the gap between theory and practice in contemporary global business.
Get your company in shape by redefining how people work
by by Tom Puthiyamadam, Shirin Trehan Toor, and David Clarke on October 26, 2020 at 5:00 am
Think of the BXT approach as like getting in shape: You hone skills; build better experiences; and adopt smarter, more effective business strategies. The payback is increased flexibility, discipline, clarity, and stamina.
Why business leaders should try thinking like a comedian
by by Linda Rodriguez McRobbie on October 23, 2020 at 5:00 am
Understanding how comedians do their jobs can help managers and leaders be more creative and better problem solvers. It's not about the jokes. Comedians use an arsenal of cognitive tools -- including close observation, making surprising connections, and being open-minded -- that could be helpful to business leaders. Instead, paying attention helps you spot the incongruous and use it to your advantage; holding improv sessions for your team can increase the number of ideas they generate. And all of this can make work more fun.
Meet modern compliance: Using AI and data to manage business risk better
by by Kim David Greenwood, Sean Torcasi, and Matt Kral on October 22, 2020 at 5:00 am
Regulatory authorities such as the U.S. Department of Justice expect businesses to use sophisticated analytics in their compliance programs that prove they have stress tested their third-party suppliers. If businesses are caught breaking laws, the fines are steep. Companies that can harness the latest technology will have a competitive edge.
For financial-services firms, inter-industry partnerships are the pathways to growth
by by Surabhi Gandotra, Sanchit Tiwari, and Arjun Saxena on October 21, 2020 at 5:00 am
For financial-services firms, inter-industry partnerships are the pathway to growth. But companies on both ends of these alliances can fire up revenues more quickly and with less risk than if they try to go it alone.
Empathy: The glue we need to fix a fractured world
by by Amy Emmert on October 20, 2020 at 4:05 am
Stanford psychologist Jamil Zaki explains that whether we are dealing with business, politics, or personal matters, it's possible -- and advantageous -- to train ourselves to be more empathic.
Companies should make it their business to get out the vote
by by Deepali Srivastava on October 20, 2020 at 4:00 am
Facilitating voting is a way to support customers and employees, who increasingly expect businesses to make the world a better place and keep them safe.
The little engine that could
by by Daniel Akst on October 19, 2020 at 5:00 am
Daniel Akst writes that The Magnificent Ambersons, the classic 1918 novel by Booth Tarkington, holds important lessons for contemporary readers on the power of disruptive technology and how being engaged in business -- or being aloof from it -- defines status and self-worth.
Uncertainty on the menu
by by Theodore Kinni on October 16, 2020 at 5:00 am
Professor of strategy and entrepreneurship Vaughn Tan spent much of the past decade studying -- and embedded within -- high-end culinary R&D labs. In The Uncertainty Mindset, he reports the lessons he uncovered for enhancing the performance of innovation teams.
A billion points of light
by by Mike Jakeman on October 15, 2020 at 5:00 am
Mike Jakeman reviews One Billion Americans, in which journalist Matthew Yglesias argues that the U.S. should strive to triple its population -- both as an effort to counterbalance the rise of China and a spur to make much-needed changes in policy.
What business leaders think about the U.S. election
by by Neil Dhar on October 14, 2020 at 5:00 am
In a recent PwC survey of U.S. C-suite executives and business leaders, the top policy concern reported by respondents was changes in tax policy, followed by the nation's response to the global pandemic. But despite the risks ahead, companies are thinking long-term and are willing to invest in future growth.