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Strategy

The Trouble With Stock Compensation

Does paying outside board members with equity grants lead to less socially responsible behavior?

Strategy

Can High-Frequency Trading Drive the Stock Market Off a Cliff?

A computer simulation of high-frequency trading behavior yields new insights into market volatility.

Strategy

How Caesars Entertainment Is Betting on Sustainability

The gaming company uses a scorecard to guide managers in its sustainability efforts.

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Opinion & Analysis

The Messy Business of Management

September 18, 2012 | Ian I. Mitroff, Can M. Alpaslan and Richard O. Mason

Author Mitroff opens his opinion piece with the question “Are you prepared to handle a mess?” In a period of rapid technological and business change, successful executives particularly need the ability to think critically–and to be aware that some of their most cherished assumptions may, at any point, be challenged or invalidated by changing events.

Mitroff particularly focuses in his opinion piece on how business schools excel at teaching young managers well-structured models, theories and frameworks but need to spend more time helping their students surface, debate and test the assumptions underlying each model, theory or framework they are learning about. In this way, by developing students’ critical thinking skills, universities would prepare young business leaders to succeed in a messy, uncertain world.

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Business Model Innovation Insights

Changes to business models often yield big results, even when they don’t fully disrupt an industry. These articles present some of the best new thinking about business models.

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