THE MAGAZINE

How to Manage Virtual Teams

Teams are the typical building blocks of an organization. Dispersed teams can actually outperform groups that are all in one place. To succeed, however, virtual collaboration must be managed in specific ways. Businesses will have to emphasize teamwork even more than before, a global culture is more important than ever, and don't expect face-to-face meetings to disappear. Read more »
Also in the new Business Insight: learn lessons from the developing world, what managers really do, how to be a smart protégé, and much more.

The One-Firm Firm: What Makes It Successful

By David H. Maister

What do investment bankers Goldman Sachs, management consultants McKinsey, accountants Arthur Andersen, compensation and benefits consultants Hewitt Associates, and lawyers Latham & Watkins have in common? Besides being among the most profitable firms (if not the most profitable) in their respective professions? Besides being considered by their peers among the best managed firms in their [...]

The Rise of the Political Manager

By Michael Useem

The late 1970s and early 1980s have been a political watershed for large firms. On the surface, many companies established political action committees, most upgraded their public affairs programs, and nearly all increased their contribution budgets. Still, a less visible, but equally significant, activity is taking place below the surface: companies are looking for ways [...]

From The Magazine

Fall 2009

Special Report: Sustainability

8 Reasons That Sustainability Will Change Management

Michael S. Hopkins

Transparency, accidental innovation, trust, collaboration — as sustainability affects how the world works, so will it affect how business works in the world.

Intelligence: Management

Debunking Management Myths

Martha E. Mangelsdorf

In this interview, Henry Mintzberg questions some of the conventional wisdom about managerial work.