Do Consumers See Your Business as a Force for Good?

The public’s growing concerns about environmental issues, along with the U.S. Federal Trade Commission’s efforts to impose fines on businesses for greenwashing, point to the potential fallout when companies engage in environmentally damaging actions. Companies such as Burger King, KFC, and McDonald’s have all been recent targets of government and…

Comments Off on Do Consumers See Your Business as a Force for Good?

How Robots Can Enhance Performance Management for Humans

We are in the middle of a robot revolution. The past decade has seen dramatic growth in robot adoption across an increasing number of industries, and it shows no signs of slowing. In a recent McKinsey survey of companies worldwide, 88% of respondents said they plan to invest in robotics…

Comments Off on How Robots Can Enhance Performance Management for Humans

Sustainability Progress Is Stalled at Most Companies

While many companies talk the talk of sustainability, claiming to be integrating environmental and societal concerns into their business models, far fewer walk the walk: Managers typically treat sustainability as someone else’s problem and relegate it to a department or even a single individual.1 On the other hand, companies that…

Comments Off on Sustainability Progress Is Stalled at Most Companies

The Case Against Restricting Stock Buybacks

  Are stock buybacks as bad as they’re made out to be? The ubiquitous corporate practice of repurchasing shares has been the focus of much political and media scrutiny. The federal Inflation Reduction Act of 2022 included a 1% excise tax on repurchases (which President Biden has proposed increasing to…

Comments Off on The Case Against Restricting Stock Buybacks

Communication Is at the Heart of Positive Employee Relationships

In today’s competitive job market, companies must focus not only on finding the best candidates but also on fostering positive relationships with them, starting with the first step of the recruitment process through every stage of employment. Communication is key to successfully creating those connections. How leaders communicate with prospective…

Comments Off on Communication Is at the Heart of Positive Employee Relationships

It’s Time to Face the Three Challenges of Learning

Most executives acknowledge that learning is crucial to the performance of their business. But at a recent research workshop that my team and I ran with executives from over 40 companies, it became clear that organizations’ traditional learning models are facing pressure from the emergence of new work models. The…

Comments Off on It’s Time to Face the Three Challenges of Learning

How to Help Employees With ADHD Address the Challenges of Remote Work

Flexible work arrangements, such as hybrid and remote models, have become important for talent acquisition and retention in the post-pandemic world. As organizations refine their virtual work practices, it is important to ensure that they are inclusive of neurodiverse employees. Because remote work often lacks concrete time cues and is…

Comments Off on How to Help Employees With ADHD Address the Challenges of Remote Work

Managers should Focus on Skills if they want their Workforce to Grow

Emphasizing skills in your talent strategy can have an outsize positive impact on hiring, upskilling, and retaining employees. By Aneesh Raman and Elyse Rosenblum As the threat of an economic downturn looms, we are entering the fourth consecutive year of uncertainty and rapid change. Three years ago, a global pandemic…

Comments Off on Managers should Focus on Skills if they want their Workforce to Grow

How Hollywood and Entertainment are affected by Generative AI

One of the many topics involving generative AI that is receiving a lot of attention is its potential effects on Hollywood and the entertainment industry. It’s an obvious concern because generative AI can create the types of outputs that the industry uses — text (in the form of stories, scripts, ad copy, and reviews), marketing […]

Comments Off on How Hollywood and Entertainment are affected by Generative AI

Recapping Work/23: The Big Shift

Download the Event Summary Download (PDF) The pandemic irrevocably changed the how, why, and where of work. At Work/23: The Big Shift, a half-day summit held May 4, 2023, MIT Sloan Management Review brought together company executives and academic experts in talent management, hybrid work, employee well-being, and workplace culture. Together, they explained how organizations […]

Comments Off on Recapping Work/23: The Big Shift

What, me Worry about AI?

Call me shortsighted, but I am not losing sleep over the prospect of a supercharged AI gaining consciousness and waging war on humans. What does keep me up at night is that humans are already wielding the power of artificial intelligence to control, exploit, discriminate against, misinform, and manipulate other…

Comments Off on What, me Worry about AI?

Bring Moore’s Law to Climate Action

Gordon Moore, co-founder of Intel and a towering figure of the early semiconductor business, died earlier this year at the age of 94. He leaves behind one of the more successful companies in history and, of course, his famous Moore’s law. He predicted in 1965 that the density of transistors…

Comments Off on Bring Moore’s Law to Climate Action

Getting Access to the Fast Track for Career Equity

The Research The author conducted the research underlying this article while co-leading Mercer’s Workforce Sciences Institute.i The author analyzed the results of his research team's statistical analyses of three to five years of employee data for 20 large and midsize, mostly global, employers representing manufacturing and services companies in a…

Comments Off on Getting Access to the Fast Track for Career Equity

Empower Your Team and Empower Yourself

In today’s rapidly evolving work environment, professional development is no longer a nice-to-have perk, it’s an imperative. With budget tightening and workforce disruptions such as layoffs affecting many sectors, now is not the time for organizations to eliminate employee professional development and training. Likewise, individuals should continue to upskill regardless…

Comments Off on Empower Your Team and Empower Yourself

Why companies need a Corporate Philanthropy Strategy

Corporate philanthropy spending reached new heights in 2021, exceeding $21 billion in the U.S. alone and marking a 24% increase over the previous year. These contributions, which traditionally focused on supporting galleries, museums, and shiny new buildings, have gained a higher profile in corporate decision-making. While management scholars have long…

Comments Off on Why companies need a Corporate Philanthropy Strategy

AI Investments – interview with Samsung’s Hina Dixit

Hina Dixit’s interest in supporting people and solving problems has its roots in her family’s call office business, where she helped people place telephone calls when she was growing up in India. Later, after earning her bachelor’s degree in computer science, she was quickly recruited into the tech space, where…

Comments Off on AI Investments – interview with Samsung’s Hina Dixit

Cashing Out Excellence

When Southwest Airlines suffered a post-holiday meltdown in December 2022, the trigger was a bout of adverse weather. But the storm hit Southwest harder than it did most airlines. The company’s outdated computer systems collapsed, and years of underinvestment in technology, particularly staff scheduling systems, led to more than 16,700…

Comments Off on Cashing Out Excellence

How Can I Field a Winning Team Without All-Star Players?

My organization urgently needs to execute a new strategic initiative, but I’m not confident that my current staff members have the skills and drive required. How can I field a championship team when I don’t have any all-star players? It’s easy for managers to succumb to a scarcity mentality and…

Comments Off on How Can I Field a Winning Team Without All-Star Players?

Three Lessons From Chatting About Strategy With ChatGPT

When Geoffrey Hinton, a pioneer of deep learning, quit Google recently, he made it clear that he is worried about the risks of artificial intelligence. He is not alone. Following the launch of ChatGPT-4, thousands of artificial intelligence experts signed a letter calling for a pause in the development of…

Comments Off on Three Lessons From Chatting About Strategy With ChatGPT

The Incumbent’s Deep Tech Strategy Playbook

Deep tech — the innovative use of emerging physical technologies enabled by digital technologies to solve large-scale problems — has the potential to create transformative growth opportunities for businesses. By tapping into these advanced technologies, leaders are better positioned to address large-scale problems and reshape entire markets. Consider the impact…

Comments Off on The Incumbent’s Deep Tech Strategy Playbook

Balancing Valued Tradition With Innovation

Sooner or later, most successful companies face the challenge of updating a cherished old product. Make no changes, and you risk becoming irrelevant to new customers. Change too much, and you may alienate your most loyal customers. So how do you leverage a historically strong brand with sensitivity to heterogeneous…

Comments Off on Balancing Valued Tradition With Innovation

Take a Skills-Based Approach to Culture Change

Companies worldwide are launching interventions to create innovative organizational cultures that support effective responses to shifts in their business environments. But many well-intentioned programs aimed at cultural change fail to affect employees in a meaningful way, leaving organizations unfit for transformation despite having invested hundreds or even thousands of employee…

Comments Off on Take a Skills-Based Approach to Culture Change