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  • More-Experienced Entrepreneurs Have Bigger Deadline Problems

    New research shows that the more projects company builders have under their belts, the worse they are at anticipating delays.
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  • How Women of Color Can Drive Corporate Transformation

    After rising up the corporate ladder to become the first Indian American woman to make partner at Deloitte, Deepa Purushothaman took her career in a new direction, as an author and cofounder of the nFormation community for women of color. In an interview with MIT Sloan Management Review, Purushothaman discusses how women of color experience the corporate world and suggests ways we can all work to combat issues like bias and discrimination in the workplace.
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  • How Bipolar Disorder Helped Teach Me Good Governance

    Anyone who leads an organization has issues that can potentially hamper success, so it’s time to eradicate the stigma surrounding mental health
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  • Supporting Black Business Ecosystems: Lessons From Durham's Black Wall Street

    In order to build diverse and inclusive business ecosystems, leaders and organizations must be authentic and move beyond performative allyship. The authors argue that by taking a cue from successful Black business communities of the past and robustly engaging in cooperation, companies can play a role in building the communities needed to facilitate social sustainability in underserved communities today.
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  • Think Globally, Innovate Locally

    Digital globalization is transforming innovation in multinationals, but opposing localization forces, such as trade restrictions and nationalism, are limiting the portability of digital assets and raising innovation uncertainty and risk. This creates a challenging context for multinationals. To meet the challenge, they can use four approaches to better calibrate the connectivity of their innovation sources and assets.
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  • When Losing Money Is Strategic - and When It Isn't

    Many innovative business models don't see a profit until they scale up but if the business model itself is fundamentally flawed, that profit won't materialize. Entrepreneurs can determine if their startup is built to last by looking at the profitability at the unit level so they can be sure they're capturing the full value and don't scale too soon.
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  • Top Performers Have a Superpower: Happiness

    Research research has found that employee happiness, well-being, and an optimistic outlook are powerful predictors of how well that employee performs. Business executives who consciously promote employee well-being and take steps to eliminate toxic leadership in their business units will reap the benefits.
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  • Linking Executive Compensation to Climate Performance

    Climate change has risen to board level on the corporate agenda. Under pressure from institutional investors, companies are reformulating their strategies for a low-carbon world. A novel aspect of the emerging corporate response is that executive compensation is being linked to climate performance. This article examines the different ways that climate-linked incentive pay is used at European and U.S. energy majors, and it develops a framework - aimed at companies in "hard-to-decarbonize" sectors - to understand the benefits, challenges, and key design options. It also makes recommendations on how this organizational practice might be refined over time.
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  • Supplier-Selection Practices for Robust Global Supply Chain Networks: A Simulation of the Global Auto Industry

    How can companies develop and maintain global supply chain networks that are robust - that is, capable of maintaining an uninterrupted flow of goods and materials - when confronted with a geographically spreading disruption that could cause the shutdown of multiple suppliers at once? To answer this question, this article combines an empirical analysis of supply chain networks of three global automotive manufacturers with computational experiments. The results reveal that even when a small fraction of buyers adopt regionalizing supplier-selection practices - those in which a buyer chooses geographically proximate suppliers, whether to the buyer or its current suppliers - the supply chain network becomes more robust.
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  • Leveling the Playing Field Through Remote Work

    Before the pandemic, employers rarely offered remote work as an accommodation except in cases of documented, legally protected disabilities. But the pandemic-era experiment of working from home effectively leveled the playing field for employees for whom coming to a physical office presented hardships. The authors describe considerations for employers as they navigate a future in which work location isn't dictated by a pandemic.
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  • Shifting From B2B to B4B Can Build a More Sustainable Business

    Reframing your B2B company as a business-for-business company can increase revenues, customer retention, and employee morale. The authors describe how Luker Chocolate of Colombia made this strategic shift and has grown by helping its customers succeed.
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  • Global Value Chain Reconfiguration and COVID-19: Investigating the Case for More Resilient Redistributed Models of Production

    The COVID-19 pandemic shocked the global economy, laying bare the coordination challenges and vulnerabilities of global value chains (GVCs) across sectors. Governments, consumers, and firms alike have called for greater GVC resilience to ensure critical products are delivered to the right place, at the right time, and in the right condition. This article investigates whether GVC reconfiguration through the adoption of redistributed manufacturing (RDM) in local production can deliver greater resilience against unexpected, disruptive global events. It proposes actionable steps for managers to ensure more resilient GVCs in the face of global shocks.
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  • The Data Boom Is Here - It's Just Not Evenly Distributed

    The leading digital platforms control access to an increasing share of the world's data and because innovation is increasingly data-driven, entrepreneurs and enterprises may find it difficult to seize new opportunities. Keeping the engine of innovation running will require policy makers to consider providing access not only to capital but to data as well.
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  • What Humans Lose When We Let AI Decide

    Human judgment relies not only on reasoning but also imagination, reflection, examination, valuation, and empathy, giving it an intrinsic moral dimension. The authors argue that just as over-reliance on navigation systems may cause us to forget how to use our innate sense of direction, over-reliance on AI-based decision support systems puts us at risk of abdicating our moral responsibilities.
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  • Building the Cognitive Budget for Your Most Effective Mind

    There's a limit to how much mental energy is available to us on any given day, so it's essential that we spend it deliberately and thoughtfully. The author details the process of creating a cognitive budget, using techniques from positive psychology, cognitive behavioral therapy, and behavioral economics. This tool can help employees at all levels direct their mental energy where their want it to go in order to be more deliberative and effective, in both their work and personal lives.
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  • Can't Fill Jobs? Deconstruct Them

    Organizations are facing a labor supply problem as they compete for skilled workers, but they can reframe the issue on the demand side. How? By deconstructing jobs into their constituent tasks and considering a wider range of talent options for accomplishing those tasks. Internal talent markets are one such opportunity that allows full-time employees to flow to appropriate work and managers to gain more options to get the work done.
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  • Providing Performance Feedback to Support Neurodiverse Employees

    Research shows that neurodiverse employees can meet or exceed performance expectations in a supportive workplace, and effective performance feedback is a good tool for creating such an environment. In this article, the authors provide a set of research-based guidelines that can help managers use feedback as a tool that supports increased engagement and performance among all employees, but particularly the neurodiverse.
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  • The Future of Global Supply Chains in a Post-COVID-19 World

    Supply-chain disruptions caused by the COVID-19 pandemic are of unparalleled magnitude because of a confluence of circumstances: a sudden rise in demand for some products, unforeseen shifts in demand points, supply shortages, a logistical crisis, and an unprecedentedly quick recovery in major economies. This article maps the changes that will occur in supply-chain planning and management in a post-COVID-19 world. It also reflects on the articles included in this special issue and draws key conclusions about how configurations of global supply chains might change. Automation and digitalization are likely to play a key role in these transitions.
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  • Social entrepreneurship and digital platforms: Crowdfunding in the sharing-economy era

    Though crowdfunding is no longer an atypical fundraising mechanism, its practical use remains limited, particularly when it comes to social entrepreneurship, owing to the numerous challenges unique to social-entrepreneurial ventures. By combining existing research on social entrepreneurship, value cocreation, the sharing economy, and digital platforms, this work offers practical insights into how existing platforms can be used for crowdfunding financial resources, sourcing creative ideas, collaborating, and gathering an array of nonfinancial resources. Additionally, this article discusses the ideal digital platform solution and explains how a multifaceted, multiuse digital platform can be created and utilized by new social ventures for meeting a multitude of needs. By focusing on a mission of social change and by understanding how digital platforms can avail crowdfunding, social entrepreneurs can overcome legitimacy issues and lack of traditional funding avenues. This taps into many of the typical aspects of the sharing economy: the benevolence of the actors, use of the internet for facilitation, and the motivation to engage in a new way of doing things. Thus, this article adopts a multidisciplinary view in exploring how crowdfunding can be coupled with the remobilization of idling resources using digital platforms to support social-entrepreneurial ventures in a myriad of ways.
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  • Administration of crowdfunding at Australian universities

    Crowdfunding offers a new funding model for research activities at universities. It combines fundraising with public engagement and an entrepreneurial spirit. While universities might be expected to show enthusiasm for the possibilities of crowdfunding, support has not been widespread in Australia. Only a small number of Australian universities have provided active support for crowdfunding of research activities. Interviews with academics and administrators from two Australian universities with a history of providing strong support for research crowdfunding show that clear vision and firm leadership are required to overcome organizational inertia. Universities need to provide space for academics and administrators to innovate, try new approaches, and even fail as they learn whether crowdfunding works for them. Peer support and organized training can help academics as they seek to build an audience via social media engagement. Universities can also provide analysis of campaign progress and, in some cases, funding to support campaigns. The article concludes with best-practice advice for universities that wish to encourage research crowdfunding supported by a framework that describes a continuum of support, ranging from an outright ban to benign neglect to strong support for this new activity.
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