It’s generally presumed that employees who accrue political power at work are higher performers. But those who schmooze a little less are actually the best at their jobs.
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- Given the growing number of international mergers, managers must overcome cultural differences with foreign colleagues to avoid the type of friction that can devalue a deal.
- Early adopters get most of the attention from analysts and marketers, but focusing on consumers who are resistant to innovations is another way to bring new products to market.
- Workshops in another setting can provide employees with a valuable means of thinking critically about their company’s vision.
- When market share is concentrated among a few companies, they advertise more. But that dynamic could actually benefit the competition.
- Analysts often discourage risky expansions into developing markets, but three distinct strategies have been associated with success.
- Many corporations reduced their investments in sustainable initiatives during the recent recession — but some relatively high-performing firms actually increased their long-term commitment to CSR.
- Online peer-based fundraising tools have the potential to disrupt traditional investing models, but entrepreneurs and investors must overcome existing cultural and government barriers.
- Firms on the forefront of innovation often concentrate on introducing new products to younger consumers, but an aging population gives companies fresh opportunities as well.
- Employees who get injured or sick on the job are returning to work much sooner than they did in the past, but companies have varied reasons for accommodating their injured workers.
- CIOs are staying longer in their jobs, another sign that supply chain management is becoming more vital to large companies.
- Working fathers are placing more importance on their familial obligations, and companies must react to this societal shift.
- Attracting new employees and doing right by its current workforce aren’t the only factors that lead a company to adopt LGBT-friendly HR policies.
- When their profit goals differ, fiercely competitive firms may decide to collaborate with each other on complementary offerings.
- Managers of startup companies should carefully balance their goals of expansion against the reality of cutbacks and downsizing.
- Product returns are typically seen as a necessary headache and a cost drain. But companies can use their return policies to enhance customer loyalty and increase profits.
- Online consumer reviews of new products are more than just word of mouth — they also can provide companies with early (and free) advice on how to improve products.
- The streamlining of corporate operations is usually executive-led, but engaging frontline employees is crucial to genuine reform.
- Although supervisors profess to have stores’ closing routines under control, consumers and employees alike bemoan the lack of consistency in related management policies.
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