Inside One Startup’s Journey to Break Down Hiring (and Funding) Barriers

Launching a social justice startup takes more than a moving story. Ask Harley Blakeman, the 32-year-old founder of Honest Jobs.He has perfected his elevator pitch, but that doesn’t mean launching his business has been easy. A once-homeless teenager from Florida, Blakeman turned to selling drugs—a lucrative gig that taught him…

What Wartime Service Taught These Historic Leaders

Walt Disney’s time in Paris during the waning days of World War I helped shape him into a visionary entrepreneur who would ultimately build a beloved international brand. Dwight Eisenhower and Robert McNamara discovered the importance of humility and how to motivate subordinates from their service during military conflicts.As countries…

How Private Investors Can Help Solve Africa’s Climate Crisis

African people, businesses, and nations are becoming increasingly stressed by climate-related perils like droughts, river flooding, extreme heat, and rising sea levels. This is leading not only to the destruction of assets but also challenges to lives and livelihoods—not to mention disturbing the area’s peace, stability, and national security. And…

Building the Road to ‘Small Business Utopia’ with AI and Fintech

Editor's note: The following is an excerpt from chapter one of Fintech, Small Business & the American Dream, written by Karen G. Mills, senior fellow at Harvard Business School. The second edition was published in 2024 by Palgrave Macmillan.The cycle of fintech innovation in small business lending is not yet…

AI Can Help Leaders Communicate, But Can’t Make Employees Listen

If a chatbot can Slack convincingly in the boss’s voice, will employees follow orders once they realize the CEO is actually a machine?A novel two-part study finds that an artificial intelligence (AI) chatbot trained to write like a technology company’s CEO responded to questions so believably that many employees thought…

Layoffs Surging in a Strong Economy? Advice for Navigating Uncertain Times

From tech to media to management consulting firms, layoffs are back.Downsizing during a healthy economy can help lay the foundation for efficient growth or make space for new roles that harness newer technology, such as artificial intelligence. Companies such as Dropbox and Intel have also announced staff cuts in reaction…

Can a Coffee Shop in Utah Help Solve Underemployment for People with Disabilities?

Brian Kenny On September 17, 1987, advocates for people with disabilities marked a major milestone, the closure of the Willowbrook State School in Staten Island. Since opening in 1945, Willowbrook had become the largest state-run institution for people with disabilities in the United States. It had also come to epitomize…

Democrats Are Losing Latino Voters. That’s Not Surprising.

John Judis and Ruy Teixeira heralded a new age of US politics in their 2002 book, The Emerging Democratic Majority. The book predicted that the growing Latino population, coupled with a clear Democratic lead in many other growing segments of society, would strengthen the party’s hold on the US electorate…

Charting the US-China Trade War: What Does ‘Made in Vietnam’ Mean?

Exports from Vietnam to the United States have grown significantly since America’s trade war with China began in 2018. At the same time, Vietnam has been importing more Chinese goods. This has led many to question: is “Made in Vietnam” really “Made in China"? Not as much as the public…

With Millions of Workers Juggling Caregiving, Employers Need to Rethink

Millions of Americans, from hourly retail staffers to corporate vice presidents, wrestle with the demands of work while parenting young children, caring for a sick spouse or aging parent—or both.That juggling act is made even tougher by rigid practices and rules set by employers, such as inflexible or unpredictable work…

What Happens in Vegas Could Shape the Metaverse

When science fiction writer Neal Stephenson dreamed of the metaverse—a term he coined in his 1992 novel Snow Crash—he envisioned a long city street that’s “always garish and brilliant, like Las Vegas freed from constraints of physics and finance.”While Las Vegas certainly isn’t known for its constraints, Stephenson believed a…

The Reputation Risks of Sharing Fake News

As partisan vitriol flies in the final month before the US presidential election, a new study offers insight into the question of why people share political misinformation.Even when a news article would flatter their political party, people tend to expect that sharing true information on social media would benefit their…

How AI Could Ease the Refugee Crisis and Bring New Talent to Businesses

The world’s refugee population has exploded over the last decade, straining the resources of international resettlement agencies as staff struggle to keep up with manually matching millions of refugees and asylum seekers to host countries.Artificial intelligence and machine learning—which have transformed several industries over the past two years—may offer solutions…

Election 2024: Why Demographics Won’t Predict the Next President

Pundits love a political horse race, parsing the latest polls to predict who might win an election. And in the final runup to the US presidential contest, these forecasts can influence markets and shape public opinion and policies.But as America heads to the polls in November, new research warns forecasters…

How Politics Drives Business Decisions in a Polarized Nation

Political polarization has seeped so deeply into US society that it shapes who Americans befriend, date, and marry, where they live, raise their families, and retire—and how they run their businesses.A recent paper illustrates how the partisan divide permeates corporate America, segregating executive suites, start-up firms, and even entire professions…

Charting ‘Cheapflation’: How Budget Brands Got So Pricey

Surging inflation drove many consumers to cheaper brands or lower-quality products, but new data suggests that switching might not have saved them as much as they might have expected. During the most recent period of high inflation, prices of the least expensive products increased more than those of the costliest,…

If a Car Can Drive Itself, Can It Make Life-or-Death Decisions?

What would Aristotle think about self-driving cars?As the abilities of artificial intelligence systems to automate complex tasks accelerate, warnings about the dangers of outsourcing life-and-death decisions to machines are pumping the brakes on the powerful technologies. From Emmanuel Kant to John Stuart Mill, philosophers have wrestled with the age-old questions…

Why Small Businesses Deserve More Credit

It’s Wall Street doctrine that small firms struggle to raise capital at reasonable rates and are often rejected for credit lines and loans because banks think their risk profile is too high.“If you really want to drive investment, targeting those firms that look like they have financial slack could lead…

Global Talent, Local Obstacles: Why Time Zones Matter in Remote Work

Remote work is giving companies new opportunities to tap additional markets and talent pools. However, a global workforce also brings a challenge: As some employees are getting up in the morning, others are winding down their workday.“There are many benefits to the individual and the company from embracing work-from-anywhere.” Mismatched…

Advice for the New CEO: Talk to Your Employees Early and Often

CEOs have never had so many ways to communicate with their employees. But despite the availability of Slack, internal newsletters, and virtual town hall meetings, organizations can still go quiet.One of the most common culprits: Major leadership transitions, according to a recent study of 500 million emails and 80 million…

The Climate Targets Leaders Need to Know as Regulations Loom

As investor pressure mounts on companies to show their environmental impacts, leaders are encountering an unwieldy tangle of terms and approaches. Climate accounting basics and a dictionary of sorts can help demystify the calculations and voluntary targets that companies need to know now, says Michael Toffel, the Senator John Heinz…

What Happens When Business Owners Turn to ChatBots for Advice

AI can help you become a better writer, coder, and researcher. But can the powerful technology boost business acumen and economic performance?Sort of, says a recent study. An experimental artificial intelligence (AI) mentor designed to answer business questions from Kenyan entrepreneurs helped some become more successful—but led others down the…

McDonald’s and the Post #MeToo Rules of Sex In the Workplace

It was a brief dalliance, just a few weeks in length, over text and video only.The end of the affair was nonetheless just the beginning for Stephen Easterbrook, the McDonald’s CEO who went from being hailed as the company’s “savior” by doubling its share price in less than five years…

Is It Even Possible to Dam the Flow of Misleading Content Online?

As a polarizing US presidential election nears, moderating controversial content on social media poses a pressing problem for tech giants.But no matter how many employees they hire, lines of code they write, or new content policies they implement, major platforms face an overwhelming task. In the second quarter of 2023…

Shoot for the Stars: What to Know About the Space Economy

A new space race—one fueled more by commercial conquest than intergalactic domination—is charting solutions to pressing problems in national security, climate change, and communication.With costs poised to drop and innovation on the rise, the economics of cosmic exploration and commerce are rapidly changing. Harvard Business School Senior Associate Dean Matthew…

Can AI Match Human Ingenuity in Creative Problem-Solving?

When ChatGPT and other large language models began entering the mainstream two years ago, it quickly became apparent the technology could excel at certain business functions, yet it was less clear how well artificial intelligence could handle more creative tasks.Sure, generative AI can summarize the content of an article, identify…

Angel City Football Club: A New Business Model for Women’s Sports

Brian Kenny: To say that men's leagues have historically dominated the world of professional sports is understating the case. In fact, it literally took a World War to launch the first professional women's league. In 1943, Philip Wrigley, owner of the Chicago Cubs proposed the idea of a professional women's…

Why Competing With Tech Giants Requires Finding Your Own Edge

The following is an excerpt that was adapted and lightly edited from chapter nine of Smart Rivals: How Innovative Companies Play Games That Tech Giants Can't Win, written by Feng Zhu and Bonnie Yining Cao and published August 20, 2024. In today's global digital and tech business landscape, traditional businesses…

Election 2024: What’s at Stake for Business and the Workplace?

In a US presidential election year with more twists and turns than most in recent memory, many of the issues on the ballot impact business. And keeping politics in the workplace respectful is forefront on managers’ minds as a divided nation prepares for weeks of potentially rancorous discourse.Ahead of the…

Post-CrowdStrike, Six Questions to Test Your Company’s Operational Resilience

When cybersecurity firm CrowdStrike distributed a faulty software update in July, it impacted a staggering 8.5 million devices. The crisis rippled through commercial airline operations, package delivery logistics, ecommerce, and health care, to name a few.This incident serves as a stark reminder that business disruptions are not just potential threats,…

Why Companies Shouldn’t Delay Software Updates—Even After CrowdStrike’s Flaw

The CrowdStrike tech security outage in July revealed the true interdependence—and fragility—of global computer systems. Following several high-profile data breaches, policymakers are calling on businesses to do more to fix code weaknesses and protect systems from cyber criminals.A new study highlights one simple change companies could make: updating software sooner…

Can AI Save Physicians from Burnout?

In the past decade, physician burnout has evolved from a serious concern to a troubling epidemic, affecting 50 percent of physicians and physicians-in-training. Excessive workloads, process inefficiencies, and administrative burdens related to electronic medical records (EMR) documentation are hampering productivity and significantly impacting physician well-being.In the United States, physicians spend…