Competency and Skills →
- 05 Jan 2017
- Working Paper Summaries
High-Skilled Migration and Agglomeration
Individuals with valuable skills have a higher propensity and offers to migrate both domestically and abroad due to the exceptional returns they can earn. Yet not all potential destinations are equally attractive in their professional and social opportunities. This review provides an in-depth analysis of available data and introduces several newly available data sources that are open to researchers. The patterns of high-skilled migration are quite consistent with agglomeration economies, such as the broad flows from a large number of source countries to very few destination countries. These data further show that migration selection processes for skill are becoming sharper and increasingly involve female migrants.
- 20 Oct 2016
- Working Paper Summaries
Global Talent Flows
Global migration patterns have become increasingly asymmetric and skewed along several dimensions, especially as skilled migration has become a greater force globally. This paper first surveys the landscape of global talent mobility, including under-appreciated features like the rising importance of the migration of talented women. The review next discusses the causes and consequences of high-skilled migration and the particular role of agglomeration/cluster economies. Rather than having migration reduce the incentives for others to migrate to a location, agglomeration effects for talented workers often serve to instead heighten the incentives for future talent to migrate as well (e.g., Hollywood). The paper next discusses the role of national “gatekeepers” in global talent flows, and contrasts the two main approaches taken by governments (i.e., points-based systems vs. employer-driven systems). While overall patterns will likely remain similar, different forms of high-skilled migration are likely to emerge and evolve.
- 12 Feb 2016
- Op-Ed
The Real Jobs Tragedy in the US: We've Lost the Skills
Upgrading domestic skills is far more relevant to the future of American workers than potential job losses through expanded trade with other Pacific-rim nations, say Joe Fuller and Matt Sigelman. Open for comment; 0 Comments.
- 15 Sep 2014
- Research & Ideas
Are the Most Talented Employees the Highest Paid? Yes—If They’re Bankers
A recent study by Claire Célérier and Boris Vallée finds that the French finance industry compensates employees largely according to how talented they are. Other high-paying industries? Not so much. Closed for comment; 0 Comments.
- 11 Apr 2014
- Working Paper Summaries
Learning By Thinking: How Reflection Improves Performance
Knowledge plays an important role in the productivity and prosperity of economies, organizations, and individuals. Even so, research on learning has primarily focused on the role of doing (experience) in fostering progress over time. To compare the effectiveness of different sources of learning, the authors take a micro approach and study learning at the individual level. They argue that learning from direct experience can be more effective if coupled with reflection—that is, the intentional attempt to synthesize, abstract, and articulate the key lessons taught by experience. Using a mixed-method approach that combines laboratory experiments and a field study in a large business process outsourcing company in India, they find support for this prediction. Further, they find that the effect of reflection on learning is mediated by greater perceived ability to achieve a goal (i.e., self-efficacy). Together, these results reveal reflection to be a powerful mechanism behind learning, confirming the words of American philosopher, psychologist, and educational reformer John Dewey: "We do not learn from experience ... we learn from reflecting on experience." Key concepts include: Learning from direct experience can be more effective if coupled with reflection-that is, the intentional attempt to synthesize, abstract, and articulate the key lessons taught by experience. Reflecting on what has been learned makes experience more productive. Reflection builds one's confidence in the ability to achieve a goal (i.e., self-efficacy), which in turn translates into higher rates of learning. Closed for comment; 0 Comments.
- 05 Jun 2013
- What Do You Think?
Do We Need to Extend ‘No Surprises Management?’
Summing Up: Jim Heskett's readers agree that 'no surprises management' should be practiced by bosses as well their direct reports. Closed for comment; 0 Comments.
- 17 Dec 2012
- Research & Ideas
Teaming in the Twenty-First Century
Today's teams are not well designed for getting work done in the twenty-first century, argues Professor Amy C. Edmondson. One starting point: learn the skill of "teaming." Open for comment; 0 Comments.
- 20 Jun 2012
- Lessons from the Classroom
Teaching Leadership: What We Know
The field of leadership education has reached a critical stage. After several decades of experimentation, "The Handbook for Teaching Leadership," Scott A. Snook, Rakesh Khurana, and Nitin Nohria, is intended to be a foundational reference for educators facing this increasingly important challenge. Open for comment; 0 Comments.
- 30 Jan 2012
- Research & Ideas
Measuring the Efficacy of the World’s Managers
Over the past seven years, Harvard Business School's Raffaella Sadun and a team of researchers have interviewed managers at some 10,000 organizations in 20 countries. The goal: to determine how and why management practices differ vastly in style and quality not only across nations, but also across various organizations and industries. Closed for comment; 0 Comments.
- 21 Nov 2011
- Lessons from the Classroom
The New Challenge of Leading Financial Firms
Running a financial organization, never easy to begin with, has quickly become one of the most difficult leadership challenges that an executive can undertake, requiring mastery of talent management, change management, and ethics. An interview with Professor Boris Groysberg, who teaches a new HBS Executive Education program on the subject with Professor Paul M. Healy. Key concepts include: Leading a financial firm is very different from leading any other kind of institution, requiring deep skills in a multitude of areas. Financial firms make expensive bets on top talent, but often make hiring decisions without enough deliberation. Risk management, strategy for growth, and competing in emerging markets are especially critical for financial firms to get right. Open for comment; 0 Comments.
- 31 Oct 2011
- Research & Ideas
The Most Powerful Workplace Motivator
When evaluating compensation issues, economists often assume that both an employer and an employee make rational, albeit self-interested choices while working toward a goal. The problem, says Assistant Professor Ian Larkin, is that the most powerful workplace motivator is our natural tendency to measure our own performance against the performance of others. Open for comment; 0 Comments.
- 22 Jun 2011
- Sharpening Your Skills
Sharpening Your Skills: Motivation
Can employers motivate employees to work more creatively, ethically, or productively? Or does that power reside solely within the individual? Recent research at Harvard Business School suggests workers can be motivated by their environment. Closed for comment; 0 Comments.
- 02 May 2011
- Research & Ideas
Casino Payoff: Hands-Off Management Works Best
Micromanagers beware: Research of casino hosts by Harvard Business School's Dennis Campbell and Francisco de Asís Martinez-Jerez and Rice's Marc Epstein makes the case that hands-off management can work to improve employee learning and decision making. Closed for comment; 0 Comments.
- 04 Nov 2010
- What Do You Think?
Why Do We Chase Stars?
Summing Up: Is it wise for companies to recruit "star" performers? Discussing the book "Chasing Stars", Jim Heskett's readers support the idea that talent is portable between employers and that women are better at it than men. (Next Forum opens December 2) Closed for comment; 0 Comments.
- 11 Oct 2010
- Research & Ideas
It Pays to Hire Women in Countries That Won’t
South Korean companies don't hire many women, no matter how qualified. So multinationals are moving in to take advantage of this rich hiring opportunity, according to new research by professor Jordan Siegel. Key concepts include: Employing women who are excluded by their own countries' labor markets is a growing trend for international affiliates of global multinational companies. Using data from South Korea, researchers showed that a 10 percent nominal increase in the percentage of female managers (at the level of the then-prevailing glass ceiling) was associated with a 1 percent nominal increase in ROA. Multinational firms that recruit females into management roles at their local affiliates face the possibility of upsetting local male employees, partners, and customers who don't approve of women in executive roles. In many instances, multinational firms hired and promoted female managers in a discriminatory host market at a far higher rate than they employed female managers in their own home markets. Closed for comment; 0 Comments.
- 03 May 2010
- Research & Ideas
What Is the Future of MBA Education?
Why get an MBA degree? Transformations in business and society make this question increasingly urgent for executives, business school deans, students, faculty, and the public. In a new book, Rethinking the MBA: Business Education at a Crossroads, Harvard Business School's Srikant M. Datar, David A. Garvin, and Patrick G. Cullen suggest opportunities for innovation. Q&A with Datar and Garvin plus book excerpt. Key concepts include: Executives and business school deans raised multiple concerns about the MBA landscape when the authors interviewed them for an HBS Centennial colloquium in 2008 on the future of MBA education. The challenges: Stakeholders question the value-added of MBA degrees. And MBAs lack sufficient leadership development, a "global mindset," and skill in navigating organizational realities. Rethinking the MBA examines each challenge in turn, and provides six case studies of schools that demonstrate flexibility and innovation in MBA education. Closed for comment; 0 Comments.
- 29 Jun 2009
- Sharpening Your Skills
Sharpening Your Skills: Leading Change
Nothing like a global recession to test your change-management skills. We dig deep into the Working Knowledge vault to learn about building a business in a down economy, motivating the troops, and other current topics. Closed for comment; 0 Comments.
- 05 Feb 2009
- What Do You Think?
Why Can’t We Figure Out How to Select Leaders?
Managers discuss their own experience in organizations in response to February's column. All good leaders teach as well as learn, says Jim Heskett. Is it possible with any degree of confidence to select people for certain leadership jobs? (Forum now closed. Next forum begins March 5.) Closed for comment; 0 Comments.
- 12 Jan 2009
- Research & Ideas
The Value of a ‘Portable’ Career
Can you predict whether star performers will replicate their success in a new environment? HBS professor Boris Groysberg and colleagues ask this question of professional football teams, and the results offer valuable lessons for star performers and hiring executives of business firms, too. Closed for comment; 0 Comments.
Digital Labor Markets and Global Talent Flows
Digital labor markets aiInternet-based platforms connecting workers worldwide with companies seeking to have tasks completed. This paper describes the markets, evaluates their rise and global span, and reviews academic studies of how they function. It includes cases to suggest the range of ways in which digital capabilities extend access to talent over long distances.