Diversity

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How Algorithms Can Diversify the Startup Pool

Biases related to gender and other demographic factors creep into decisions about which projects to fund with venture capital. Data-driven approaches can help tease out those biases and limit their impact. Algorithmic methods identify potential instances of discrimination and increase transparency, making it easier to find and fix problems. Aversion to algorithms can be tempered by letting decision makers retain some subjective control over the data-driven process.

Closing the Gender Gap Is Good for Business

While the corporate world has made progress in advancing women’s careers in leadership roles, there is a long way to go to achieve workplace gender equality. By supporting women’s career development and advancing them into managerial positions, a company’s customers, teams, and bottom line will benefit.

Pathways to Progress for Women Entrepreneurs

  • Read Time: 4 min 

The hidden obstacle to women who want to found B2B startups is often rooted in the way they are mentored and advised in the business world. Where men are more often coached in strategy and business tactics, women are more likely to be taught how to avoid internal politics and “fit in” culturally. This difference in mentoring leaves women at a disadvantage with respect to entrepreneurship.

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Older and Wiser? How Management Style Varies With Age

The starting point for managing age diversity is to develop a basic understanding of cross-age differences in working style. The authors found that management style varied more with age than with any other characteristic in their survey. Younger managers prefer narrower approaches to management, while older ones tend to work through others and focus on the big picture. Being attuned to style differences can make it easier for individuals to navigate their working relationships effectively.

Make Gender Equality a Value, Not a Priority

  • Read Time: 3 min 

To make gender equality a reality, organizations need to shift their thinking about what it means to them — that is, to make it part of their company’s values and a permanent driver of culture rather than a mere priority that might change in time. Lessons can be learned from the energy sector, which saw a cultural shift take place around another crucial workplace issue: safety.

Do Men Know More About Salaries?

  • Read Time: 3 min 

When it comes to salary transparency, one widely held belief is that women have a harder time collecting salary information than men. While some research suggests this may be true in some cases, collective research has not tackled a fundamental question: Are female employees truly less informed about salaries, or is this just a stereotype?

Five Insights From Davos on the Future of Work

  • Read Time: 5 min 

At the 2019 gathering of the World Economic Forum, much of the conversation was about the need for re-skilling and inclusive education, and the ongoing gender gap in the world of technology. Lynda Gratton, a professor of management practice at London Business School, attended the Davos conference as a steward of the World Economic Forum Council on Work, Education and Gender, and shares her insights from the meeting.

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How Customer Obsession Creates Accountability for Change

  • Read Time: 7 min 

Organizational change is difficult. Some 70% of change efforts fail, and awareness hasn’t improved the odds of success. But there are exceptional companies, making strides with everything from digital transformation to employee engagement to diversity and inclusion. And they have one thing in common: They are customer-obsessed. When customers are truly at the center of your business, change proceeds from one organizing principle: What’s best for them?

Artificial Intelligence Brings Out the Worst and the Best in Us

As AI develops better decision-making skills, leaders may feel threatened and push back, resisting the imperative to leave their biggest and most critical decisions to mechanical minds. And that might be a mistake, says psychologist Daniel Kahneman, given AI’s potential to reduce the bias in human thought processes.

Using Artificial Intelligence to Promote Diversity

What if, instead of perpetuating harmful biases, AI helped us overcome them? What if our systems were taught to ignore data about race, gender, sexual orientation, and other characteristics that aren’t relevant to the decisions at hand? They can do all that — with guidance from the human experts who create, train, and refine them.

A New Playbook for Diversified Companies

Scholars have argued for years that high levels of diversification harm company performance and value creation. But multi-business companies can do quite well. Those that thrive tend to do three things: They limit the number of business models in their portfolio and support them with a cohesive operating model. They tailor the corporate parenting strategy to the needs of individual business units. And they allocate resources according to the role played by each business unit.

Twitter Is Not the Echo Chamber We Think It Is

The popular perception of Twitter as a social media “echo chamber,” where people only receive and retweet opinions that match their own, does not reflect the data about users’ actual engagement. The average Twitter user propagates more mainstream content and follows a diverse group of users — and this has implications for social media marketing.

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Game-Changing Strategies for Corporate Boards

  • Read Time: 5 min 

The process of recruiting members to a board is often mistaken for the actual onboarding. Much is at stake in terms of legal and fiduciary responsibilities, but relatively little attention is paid to creating the conditions within the board to extract the distinctive knowledge of its new members. Three strategies can help boards do a better job leveraging the unique expertise of each board member.

Consider Culture When Implementing Agile Practices

  • Research Highlight
  • Read Time: 13 min 

Adopting agile development practices helps organizations bring their products and services to market quickly and respond nimbly to market changes. In an increasingly global business landscape, taking the time to address cultural differences when implementing agile is crucial for project success.

How Platform Strategies Continue to Create Value

  • Read Time: 6 min 

Platform companies continue to surprise and challenge conventional approaches to creating value. The 2018 MIT Platform Strategy Summit brought together innovative leaders who are playing a major role in the changing digital economy. Learn from their experience with five major principles for creating new value with platforms.

Showing 1-20 of 29