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Key Factors in the Triumph of Pokemon GO
The mobile app market, particularly the app game sector, is a multibillion-dollar space. I conducted in-depth interviews and two large-scale surveys with a total 1,437 respondents to investigate the consumer behavior of mobile app game players. The app game Pokémon GO became a worldwide phenomenon not only as a social sensation but also as a high profitable business model. Taking the theoretical lens of telepresence theory and social capital theory, I develop a framework to explicate the success factors of Pokémon GO. The theoretical framework also provides guidelines for practitioners who plan to enter the lucrative app game market. -
Why Do Good Employees Stay in Bad Organizations?
Family and work are two of society's most important institutions. It is understandable, then, that some similarities would exist between the two. One unfortunate aspect of such relationships is that families and organizations may be abusive to members. When this occurs in familial relationships, research has identified dynamics that keep people in the abusive situation. We consider here how those same dynamics can occur in abusive organizations to identify factors that keep employees in unhealthy work environments. We then examine intervention techniques and concepts that can be used to enable people to recognize an abusive organization, the long-term damage such organizations can inflict on employees, and ways to assist individuals in exiting an abusive organization setting. Our intention is to create awareness of the harm that can be caused by abusive organizations and provide a framework that will enable people caught in a pattern of organizational abuse to understand their choices and behaviors. -
Competing on Social Purpose
Consumers increasingly expect brands to have a social purpose beyond mere functional benefits. As a result, companies are taking social stands in very visible ways. For example, TOMS's one-for-one program donates shoes and other goods for every product the company sells. Such programs can benefit society and the brand, but they may fizzle or actually harm the company if they're not carefully managed. (Recall Starbucks's widely mocked Race Together campaign.) Marketing professors Vila and Bharadwaj have developed an approach they call "competing on social purpose," which ties a brand's most ambitious social aspirations to its most pressing growth needs. An effective strategy creates value by strengthening a brand's key attributes or building new adjacencies. At the same time, it mitigates the risk of negative associations and threats to stakeholder acceptance. In order to create value for all stakeholders--customers, the company, shareholders, and society at large--managers must integrate considered acts of generosity with the strategic pursuit of brand goals. -
Comp Targets That Work
Most companies struggle with setting executive performance targets. From 2006 to 2014, almost all of the 1,000 largest U.S. firms completely changed their CEOs' performance metrics at least once, and almost 60% changed them multiple times. The problems with such targets are well known: They often encourage managers to sacrifice a firm's long-term health or to manipulate their numbers in order to make their bonuses. What companies need is an incentive structure that makes it easier to meet targets by creating real value than by gaming the system. New research analyzing data from more than 900 firms over 15 years suggests companies can create one by following these four principles: Use multiple metrics; increase payouts at a constant rate; reward relative performance; and include nonfinancial targets. -
Audacious Philanthropy
Private philanthropists have helped propel some of the most important social-impact success stories of the past century: Virtually eradicating polio globally. Ending apartheid in South Africa. Creating a universal 911 service in the United States. These efforts have transformed or saved hundreds of millions of lives. That we take them for granted now makes them no less astonishing: They were the inconceivable moon shots of their day before they were inevitable success stories in retrospect. Today's donors aspire to similarly audacious outcomes, but despite having written big checks for years, many aren't seeing transformative results. A study of 15 breakthrough initiatives, ranging from broad access to end-of-life hospice care to the widespread use of a lifesaving oral rehydration solution in Bangladesh, revealed five shared elements that may help philanthropists improve the odds of swing-for-the-fences success. Effective initiatives: Build a shared understanding of the problem and its ecosystem; set concrete and compelling "winnable milestones"; design approaches that work at massive scale; drive demand; and embrace course corrections. -
Why Do We Undervalue Competent Management?
Business schools teach MBA students that you can't compete on the basis of management processes because they're easily copied. Operational effectiveness is table stakes in the competitive universe, according to the strategists. But data from a decade-long research project involving 12,000 firms challenges that thinking. The study examined how well companies performed 18 core management practices. It found vast differences in how they execute basic tasks like setting targets, running operations, and grooming talent, and that those differences matter: Firms with strong managerial processes do significantly better on high-level metrics such as profitability, growth, and productivity. What's more, the differences in process quality persist over time, suggesting that competent management is not easy to imitate. In this article the authors review the findings of the research and explore what prevents executives from investing in management capabilities, arguing that such investments are a powerful way to become more competitive. -
Management Is Much More Than a Science
The idea that management is a hard science, which MBA programs have promoted for the past six decades, has become even more entrenched in the era of big data. But a scientific approach has its limits, say Martin, the coauthor of the best-seller "Playing to Win," and consultant Golsby-Smith. In fact, overreliance on scientific analysis tends to narrow strategic options and shut down innovation. That's because it's designed to understand natural phenomena that cannot be changed. It's not an effective way to evaluate possibilities--things that do not yet exist. The two authors offer an alternative approach to strategy making and innovation that relies on imagination, experimentation, and communication. To make decisions about what could be, managers should devise narratives about possible futures, using the storytelling tools first proposed by Aristotle (who ironically also originated the scientific method). If executives then hypothesize what would have to be true for those narratives to happen and validate their hypotheses through prototyping, they can determine which narrative has the most compelling chance of success. -
Could Your Personality Derail Your Career?
Two decades ago the psychologists Robert and Joyce Hogan created an inventory of 11 qualities, ranging from excitable to dutiful, that when taken to the extreme, resemble the most common personality disorders. Subsequent profiling of millions of employees, managers, and leaders reveals that most people display at least three of these "dark side" traits, and about 40% score high enough on one or two to put them at risk for career disruption. For example, being excitable may help you display passion and enthusiasm to coworkers and subordinates, but it can also make you volatile and unpredictable. Having a deeply skeptical, cynical outlook makes it hard to build trust. And diligence, in excess, can morph into procrastination and obsessive perfectionism. The author discusses the individual traits and suggests how to manage them, which involves identifying the ones that trip you up, modifying some of your behaviors, and continuing to adjust in response to critical feedback. In the process, you can greatly enhance your reputation, your career, and your leadership potential. -
Life's Work: An Interview with Michael Strahan
The TV host and former football star on leading people and making the leap to a successful second act. -
Souq.com's CEO on Building an E-Commerce Powerhouse in the Middle East
In 2005, when Souq.com was founded, the Middle East had tremendous potential for e-commerce: Its total population was more than 350 million, half of whom were younger than 25. But the region was highly fragmented in terms of laws and customs, logistics, and payment infrastructure. Mouchawar tells how Souq grew from auction website to B2C-only business by enabling alternative payment methods and managing delivery in a region where basic logistics systems were still evolving. The largest e-commerce provider in the Middle East today, Souq operates in seven countries representing more than 135 million people--and it was recently acquired by Amazon. -
The Overcommitted Organization
By assigning people to multiple teams at once, organizations can make more-efficient use of time and brainpower and do a better job of solving complex problems and sharing knowledge across groups. But competing priorities and other conflicts can make it hard for teams with overlapping membership to stay on track. Group cohesion often suffers, and people serving on several teams concurrently may experience burnout. Through extensive research and consulting, the authors have identified several ways that both team and organizational leaders can reduce the costs of multiteaming and better capitalize on its advantages. Team leaders should launch the team well to establish trust and familiarity, map every member's skills, carefully manage time across teams, and boost motivation by emphasizing opportunities to learn. Organizational leaders should focus on mapping and analyzing patterns of team overlap, promoting knowledge flows among teams, and buffering teams against shocks. All this represents a significant investment of time and effort. But organizations pay a much higher price when they neglect the costs of multiteaming in hot pursuit of its benefits. -
Happiness Traps
Numerous studies show that close to two-thirds of U.S. employees are bored, detached, or jaded and ready to sabotage plans, projects, and other people. Why so much unhappiness among professionals who have the capacity to shape their work lives? The author highlights three of the most common reasons--ambition, doing what's expected of us, and overwork--which seem productive on the surface but are harmful when taken to the extreme. To break free of these "happiness traps," you first have to accept that you deserve happiness at work. Then you can use your emotional intelligence--particularly emotional self-awareness, emotional self-control, and organizational awareness--to understand which trap has ensnared you. Finally, you must actively seek meaning and purpose in day-to-day activities, foster hope in yourself and others, and build friendships at work. -
The Surprising Power of Online Experiments
In the fast-moving digital world, even experts have a hard time assessing new ideas. Case in point: At Bing a small headline change an employee proposed was deemed a low priority and shelved for months until one engineer decided to do a quick online controlled experiment--an A/B test--to try it out. The test showed that the change increased revenue by an astonishing 12%. It ended up being the best revenue-generating idea Bing ever had, worth $100 million. That experience illustrates why it's critical to adopt an "experiment with everything" approach, say Kohavi, the head of the Analysis & Experimentation team at Microsoft, and Thomke, an HBS professor. In this article they describe how to properly design and execute A/B and other controlled tests, ensure their integrity, interpret results, and avoid pitfalls. They argue that if a company sets up the right infrastructure and software, it will be able to evaluate ideas not only for improving websites but also for new business models, products, strategies, and marketing campaigns--all relatively inexpensively. This will help it find the right path forward, especially when answers aren't obvious or people have conflicting opinions. -
Managing Our Hub Economy
A small number of digital superpowers--Alibaba, Amazon, Microsoft, and others--have become "hub firms" because they control access to billions of mobile customers coveted by all kinds of product and service providers. These hubs drive increasing returns to scale and claim a disproportionate share of the value being created in the global economy. The authors argue that the hub economy will continue to spread across more industries, concentrating more power in the hands of a few. As an example, they take an in-depth look at the auto industry and how Apple and Alphabet/Google are poised to become the main beneficiaries as cars turn into digitally connected spaces for work, entertainment, and shopping. As hubs proliferate and expand their reach, the danger is that they will exacerbate economic inequality and threaten social stability. It is thus incumbent on all stakeholders--traditional companies, start-ups, institutions, and communities--to make certain changes in the ways they do business. Moreover, hub firms themselves must lead responsibly for the good of all, not just creating and capturing value but doing more to sustain other players in the ecosystem. -
When Hiring Execs, Context Matters Most
When choosing a CEO, boards typically take into account the particular circumstances the company faces: Is it in need of a turnaround, say, or will it be scaling for growth? But firms don't usually pay much attention to contextual challenges when hiring for and promoting people into lower-level leadership roles, instead preferring jack-of-all-trades candidates. A new study from CEB suggests that they will be more successful if they consider the specific leadership context when hiring for every level and identifies the 27 contextual challenges that matter most. -
We Look Like Our Names
A team of researchers has discovered that we associate names with physical traits--and that we all subconsciously try to fit our name's stereotype. -
The New Urban Crisis: Putting an End to Winner-Takes-All Urbanism
For many years, renowned urbanist Richard Florida has married his long-held interest in urban economic development with the insights of urban sociologists on the corrosive effects of concentrated poverty, mapping the deep new divides that isolate the classes and tracing the growth of economic disadvantage in the suburbs. In this excerpt from his latest book, he presents some of his key findings, showing that 'urbanism for all' is contingent upon seven principles-including: building more affordable rental housing; investing in infrastructure; and making 'clustering' work for us. -
The Challenge of the Century: Inclusive Growth and Development
While income inequality between countries has declined significantly over the past 20 years, it has grown markedly within countries. A combination of technological change, global integration, domestic deregulation and immigration has been driving major changes in labour markets in most advanced countries-resulting in pressure on median wages and widespread insecurity. The authors-from the World Economic Forum-describe their 'framework for inclusive growth' and the Inclusive Development Index, which measures countries on three categories of KPIs, including Adjusted Net Savings; Median Household Income; Poverty Rate; and Healthy Life Expectancy. -
Diversity's New Frontier: Diversity of Thought
Until now, diversity initiatives have focused primarily on fairness for legally-protected populations. But the smartest organizations today are embracing and harnessing a more powerful and nuanced type of diversity: Diversity of thought. The authors show that increasing diversity of thought at your organization entails three steps: Hiring differently; managing differently; and advancing differently. They describe how to go about each step to achieve an inclusive culture characterized by diversity of thought. -
Leadership Forum: The Role of the LGBTQ+ Ally
Senior executives from Deloitte, RBC, Manulife and the public sector describe their personal journeys as 'allies' for LGBTQ employees. Doing so entails standing up to those who use insensitive language in the workplace, listening to learn what the employee needs in order to thrive, and spreading the word about the benefits of inclusivity. In the end, they show that you cannot call yourself a great leader today unless you practice and promote inclusiveness.