- 31 Oct 2022
- Research & Ideas
Why the Largest Minority Group Faces the Most Hate—and How to Push Back
A community's biggest minority group endures the most discrimination from a majority who fears losing status, says research by Marco Tabellini and colleagues. Findings from 20 years of crime and demographic data could help policymakers improve race relations.
- 26 Oct 2022
- Managing the Future of Work
Sprawling ambition: Jonathan Webb on AppHarvest’s bid to transform agriculture
The ag tech firm’s founder talks about large-scale indoor farming’s potential for food security, climate change adaptation, and economic renewal.
- 26 Oct 2022
- Research & Ideas
How Paid Promos Take the Shine Off YouTube Stars (and Tips for Better Influencer Marketing)
Influencers aspire to turn "likes" into dollars through brand sponsorships, but these deals can erode their reputations, says research by Shunyuan Zhang. Marketers should seek out authentic voices on YouTube, not necessarily those with the most followers.
- 25 Oct 2022
- Research & Ideas
Is Baseball Ready to Compete for the Next Generation of Fans?
With its slower pace and limited on-field action, major league baseball trails football in the US, basketball, and European soccer in revenue and popularity. Stephen Greyser discusses the state of "America's pastime."
- 24 Oct 2022
- Deep Purpose
Walgreens-Boots Alliance Leader Rosalind Brewer Inspires Joy through Better Heath
As the CEO of Walgreens-Boots Alliance, Roz Brewer leads a large and diverse company in a challenging business sector that is critical to the well-being of society: health care. Having a Deep Purpose is essential, she says, because profits come from doing the right thing. In this candid conversation, Brewer reveals how her own family’s health concerns informed her leadership. She also describes the unique challenges she faces as a Black woman in charge of a Fortune 100 company.
- 24 Oct 2022
- Deep Purpose
Unilever CEO Alan Jope Maintains a Long History of Doing Good
Alan Jope of Unilever leads a company with a historical commitment to doing good. This massive company sells more than 400 brands. It started back in 1885 with a bar of beauty soap. Jope says navigating with a deep purpose makes his company stronger and more profitable. The approach has not been without controversy. But Jope says it’s the both the right and smart thing to do.
- 21 Oct 2022
- Research & Ideas
People Trust Business, But Expect CEOs to Drive Social Change
Companies should do more to confront climate change, labor market shifts, and racism, according to a survey of 14,000 people in 14 countries by the Institute for the Study of Business in Global Society and the Edelman Trust Institute. Is it time for more business leaders to step up?
- 19 Oct 2022
- Climate Rising
Bain’s Climate Consulting
Cate Hight, an expert partner in Bain’s Sustainability & Responsibility and Energy & Natural Resources practices, shares how the company’s strategy, operations, customer value, and transformation work help enable their consulting and private equity clients identify opportunities associated with climate change and mitigate climate risks. She also offers advice for those interested in careers in business and climate change. For transcripts and other resources, visit climaterising.org. Guest: Cate Hight, Expert Partner in Sustainability and Responsibility and Energy and Natural Resources practices, Bain.
- 19 Oct 2022
- Op-Ed
Cofounder Courtship: How to Find the Right Mate—for Your Startup
Like any other long-term partnership, choosing the right cofounder is a complicated decision with big implications for a venture. Julia Austin offers practical advice for entrepreneurs who are searching for "the one."
- 18 Oct 2022
- Cold Call Podcast
Chewy.com’s Make-or-Break Logistics Dilemma
In late 2013, Ryan Cohen, cofounder and then-CEO of online pet products retailer Chewy.com, was facing a decision that could determine his company’s future. Should he stay with a third-party logistics provider (3PL) for all of Chewy.com’s e-commerce fulfillment or take that function in house? Cohen was convinced that achieving scale would be essential to making the business work and he worried that the company’s current 3PL may not be able to scale with Chewy.com’s projected growth or maintain the company’s performance standards for service quality and fulfillment. But neither he nor his cofounders had any experience managing logistics, and the company’s board members were pressuring him to leave order fulfillment to the 3PL. They worried that any changes could destabilize the existing 3PL relationship and endanger the viability of the fast-growing business. What should Cohen do? Senior Lecturer Jeffrey Rayport discusses the options in his case, “Chewy.com (A).”
- 18 Oct 2022
- Research & Ideas
When Bias Creeps into AI, Managers Can Stop It by Asking the Right Questions
Even when companies actively try to prevent it, bias can sway algorithms and skew decision-making. Ayelet Israeli and Eva Ascarza offer a new approach to make artificial intelligence more accurate.
- 17 Oct 2022
- Research & Ideas
Why Quiet Quitters Need More Than Money to Re-Engage
A hefty bonus might do little to inspire a truly checked-out employee. It's time for managers to genuinely connect with their colleagues, and build more community and meaning in the workplace, say Rawi Abdelal and Thomas DeLong.
- 12 Oct 2022
- Managing the Future of Work
CodePath’s Michael Ellison: How reverse engineering can diversify the tech talent pipeline
There are no quick fixes when it comes to opening the tech workforce to underrepresented groups, according to CodePath’s co-founder and CEO. The solution, he argues, is a carefully calibrated end-to-end program combining academic and industry expertise to prepare college students for the most competitive entry-level positions.
- 12 Oct 2022
- Research & Ideas
When Design Enables Discrimination: Learning from Anti-Asian Bias on Airbnb
Airbnb bookings dropped 12 percent more for hosts with Asian names than other hosts during the early months of the COVID-19 pandemic, says research by Michael Luca. Could better design deter bias, particularly during times of crisis?
- 11 Oct 2022
- Research & Ideas
Shrinking the Racial Wealth Gap, One Mortgage at a Time
If banks hire more minority loan officers, more people of color might tap into a crucial means of wealth building: buying a home. Research by Adi Sunderam comes on the heels of a real estate frenzy that has mostly benefited white Americans.
- 05 Oct 2022
- Climate Rising
Deloitte’s Climate Practice
Jennifer Steinmann, Global Sustainability and Climate Practice Leader at Deloitte, shares how Deloitte’s professionals work with companies to help them manage climate risks and pursue opportunities. She talks about how Deloitte’s climate work helps companies improve their strategy, operations, finance, and reporting—and how Deloitte is developing and hiring people to build its sustainability & climate practice. She also offers advice for those interested in careers in business and climate change. For transcripts and other resources, visit climaterising.org. Guest: Jennifer Steinmann, Global Sustainability and Climate Practice Leader, Deloitte
- 04 Oct 2022
- What Do You Think?
Have Managers Underestimated the Need for Face-to-Face Contact?
COVID-19 made remote work and instant delivery mainstays of life for many people, but will the need for community erode these concepts after the pandemic ends? asks James Heskett. Open for comment; 0 Comments.
- 04 Oct 2022
- Cold Call Podcast
Cold Call: Corporate Governance and Growth Strategy at Capital SAFI
Jorge Quintanilla Nielsen started the independent asset management firm Capital SAFI in 2007. Now a leader in Bolivia’s closed-end funds industry with a total of $430 million in assets under management, Quintanilla planned to expand into other countries, like Peru and Colombia. He knew that governance would be one of the main aspects potential partners would evaluate. Capital SAFI’s board had evolved over time with the establishment of a governance committee, an assessment process for the board, professional development offerings for board members, tools to manage governance risk, and succession plans for board members and company executives. Would local and foreign investors be impressed by those measures or were additional improvements needed? Professor V. G. Narayanan discusses the importance of corporate governance in his case, “Building the Governance to Take Capital SAFI to the Next Level.”
- 03 Oct 2022
- Research & Ideas
Why a Failed Startup Might Be Good for Your Career After All
Go ahead and launch that venture. Even if it fails, the experience you gain will likely earn you a job that's more senior than those of your peers, says research by Paul Gompers.
How Mudassir Sheikha’s Rideshare Company Careem Became a Unicorn in the Middle East
A near-death experience led Mudassir Sheikha and his business partner to a deep sense of purpose in creating the rideshare company Careem. They wanted to make an impact – and did so big-time. Sheikha says that purpose is Careem’s “superpower,” bringing energy, focus and exceptional financial success to the company. Doing business with a clear, core purpose helped Careem become a rare startup “unicorn” in the region.