Blog

Showing 21-40 of 704

Language-1200
Free Article

Are Social Media’s Benefits Getting Lost in Translation?

One key positive of social media and social networking is that it encourages communication — between the organization and its customers as well as among employees in different departments or even different business units. But particularly among multinational companies, there is one key drawback: language. Even when companies designate an “official” language for communication, the language barrier can impede both outward-facing customer interactions and internal collaboration. One solution: employ a multilingual approach tailored to the organization’s needs.

Teamwork-Brokaw-1200
Free Article

Teamwork Plus Creativity Equals Engagement

  • Blog
  • Read Time: 1 min 

Employees can be inspired to perform better if their creativity is challenged through teamwork. At four Deloitte LLP offices in India, an experiment in team-based contests to come up with smart, challenging and practical solutions to real-life business problems unleashed out-of-the-box, original thinking that challenged traditional wisdom.

Image courtesy of Flickr user Keoni Cabral. https://www.flickr.com/photos/keoni101/7221666136
Free Article

Does Deciding to Seek Advice Signal Weakness?

  • Blog
  • Read Time: 2 min 

It’s common for people to worry that reaching out for advice will make them appear less competent, according to research from Harvard Business School and the Wharton School. But if the task is seen as difficult, the advice-seeker is actually viewed as more competent. In addition to establishing a connection between people’s willingness to ask for advice and others’ perceptions of their competence, the authors found that whom people ask for advice makes a difference in how they are viewed.

River-Aire-1200
Free Article

For Many Decisions, Just Go With the Flow

  • Blog
  • Read Time: 2 min 

For many decisions, letting your mind wander to a choice that you feel drawn to — rather than laboriously weighing all the options — is more than ample. Researchers Colleen E. Giblin (Tepper School of Business, Carnegie Mellon University), Carey K. Morewedge (Boston University School of Management) and Michael I. Norton (Harvard Business School) say that while mind wandering is probably not suited for making weighty decisions, it is a less onerous way to sort through options for many decisions.

advertisement

DataWoman-1200
Free Article

Are Data Scientists Really a Breed Apart?

What differentiates data scientists from other quantitative analysts? It's partly their skill set and partly their mind set. “The recent emergence of the digital enterprise has created a seemingly insatiable management appetite to amass and analyze data,” write Jeanne G. Harris and Vijay Mehrotra. Data scientists are particularly able to make sense of so much information. For instance, 85% said their projects often or always address new problems, compared to 58% of analysts who made that claim.

Take-To-Twitter-1200
Free Article

Should Employees Be Encouraged to Tweet?

At Mitel, an Ontario business communications company, managers have enlisted 1,600 people to become actively involved in social media. The company believes that all employees are stewards of the brand — and therefore can be trusted to represent it well on social media. Many large companies “do their best to inhibit and restrict employee participation in social or major brand initiatives,” says Martyn Etherington, Mitel's CMO. “We, on the other hand, have tremendous faith and trust in our employees.”

UnruhSustaining-1200
Free Article

Sustaining Sustainability

Steve Zaffron, CEO of the Vanto Group, has worked with diverse organizations — from rocket-scientist NASA to labor-intensive mining — to achieve a culture where sustainability focus runs deep. His experience shows that leaps in human performance come less from tangible investments in automation, equipment or compensation schemes, and more through intangible transformations in the way people in organizations see themselves and others. “It’s not an easy thing to change the way in which people see the world and themselves,” says Zaffron “It takes time to develop.”

cass-sunstein-1200
Free Article

How to Tee Up Choices: The Upside of Default Rules

  • Blog
  • Read Time: 2 min 

How much choice do people really want? Asking people to make their own choices requires time and focus — there's all those options to consider. Harvard Law School professor Cass R. Sunstein writes that default rules, which establish starting points for everything from rental car agreements to health insurance plans, can save people time and keep them from being overwhelmed by too much choice.

sb-enterprise-platforms-1200
Free Article

Simplifying the Enterprise Social Media Landscape

Social media platforms provide two key capabilities in the enterprise context — managing networks and sharing digital content. The problem is, with multitudes of platforms available — and features changing daily! — it’s hard to pick among them. Blogger Gerald C. Kane outlines a simple method for making optimal decisions about which social media platforms an enterprise should use.

advertisement

BeanIoT-1200
Free Article

If You Think Big Data’s Challenges Are Tough Now

Although workers and consumers generate two-thirds of all new data, that’s about to change. Sensors and smart devices — from traffic lights and grocery store scanners to hospital equipment and industrial sensors — are beginning to generate an enormous wave of data that will increase the digital universe ten-fold by 2020. Guest blogger Randy Bean, CEO of NewVantage Partners, explains what this means for executives trying to adapt to a rapidly changing, data-centered business environment.

RansbothamDetecting-1200
Free Article

Detecting Bias in Data Analysis

Data analysts may have external agendas that shape how they address a data set — but Boston College's Sam Ransbotham argues that a savvy manager can identify biases by learning to question the underlying assumptions that go into dataset cleanup and presentation.

Image courtesy of The Walt Disney Company http://thewaltdisneycompany.com/disney-news/mohl-mickey-mouse-clubhouse-photo
Free Article

Is It Time to Hire a Chief Legal Strategist?

  • Blog
  • Read Time: 3 min 

Here’s a strategic angle that most businesses don’t think about: how they can use the law to secure strategic business goals. Leading companies such as the Walt Disney Company have managed to deploy their legal departments to shape the legal environment in order to secure long-term competitive advantages. But approaching legal issues in sophisticated and creative ways isn’t generally a specialty of most C-suite executives. That’s where a “chief legal strategist” comes in.

canned-data-scientists-1200
Free Article

Data Scientist In a Can?

Companies will want hundreds of thousands more data scientists than exist, creating a much discussed skills gap. In the past, businesses have figured out how to automate in-demand skills, and some companies say they can automate what data scientists do. What does it mean for companies when they do the equivalent of putting their data scientists into a can?

advertisement

Image courtesy of Flickr user Mikel Ortega. https://www.flickr.com/photos/mikelo/4056467981
Free Article

The Key to Business Success: 'Stringing Multiple Opportunities Together'

  • Blog
  • Read Time: 2 min 

New research looks at the strategies executives use in capturing new growth opportunities. “Resist jumping at the first potential opportunity,” write Christopher B. Bingham (Kenan-Flagler Business School), Nathan R. Furr (Marriott School of Management) and Kathleen M. Eisenhardt (Stanford University). Instead, evaluate whether one opportunity will it set you up for future ones — what the authors call “sequencing opportunities.” They write: “Sustained business success appears to depend not just on capturing one opportunity but also on stringing multiple opportunities together.”

Storytelling-1200
Free Article

Analytics Meets Mother Goose

Businesses are running into the issue of having analytics professionals who can’t communicate what they mean. Companies need to train their data scientists to explain how their work helps the business. A little communications 101 is in order, says Meta Brown, whose business has shifted from helping companies analyze data to helping them understand what their analysts are doing.

Image courtesy of Flickr user deadmanjones.
Free Article

Social Business Is Dead . . .

In recent years, social business has exploded onto the landscape as the centerpiece of the digital economy. But is it, after all, just a passing fad? No… and yes, says blogger Jerry Kane. While social business is here to stay, it is undergoing transformative changes that will make it something very different from what we see today — and business professionals, particularly those in the vanguard of current social business activity, need to be on their toes to be ready for what’s next.

emperor-1200
Free Article

Catching Up with Scantily Clad Analytics Emperors

If you’re lying awake at night fretting that your competition has mastered analytics when you haven’t, take a breath — many of the stories we hear about analytics success are likely skewed. The transition to analytics-focused business is still far, far from universal, and that, says information systems expert Sam Ransbotham, means you have a chance to catch up.

Showing 21-40 of 704