An opinion piece co-authored by Vijay Govindarajan about how the contrasts between Disney and Warner Brothers provide an instructive study on how the key to success is adapting to industrial changes. "Repeating what you've done in the past or copying what someone else is doing now is not innovative, and it's innovation that underwrites future success," says Govindarajan. "The contrasting fortunes of Disney and Warner Brothers highlight the importance of continuous innovation. Indeed, long-term competitiveness depends on it."
As a guest on CNBC's Power Lunch, Paul Argenti discusses management issues in the auto sector as companies like Uber and Tesla are disrupting the industry. "This comes at a really bad time for them, and I think the new competition is something that they're not ready for," says Argenti.
Highlights Dana Ehrlich T'05, founder and CEO of the grass-fed beef company Verde Farms, in an article about successful startups that have been growing and expanding without the help of investors or venture capitalists. Ehrlich used $100,000 from savings and student loans to secure debt financing. The New York Times writes that the company, “Sold 10.1 million pounds of grass-fed beef in 2015, up from 240,000 pounds in 2008. Sales, which totaled $665,000 in 2008, surged to $7 million in 2009 and more than $50 million in 2015.”
An opinion piece by Fred McKinney about the rifts that the presidential campaign is causing in America. McKinney challenges readers to come together as a nation before the current crisis becomes an existential crisis for the Republic. “There is too much at stake to let hate and ignorance rule,” he says. “The only superiority one group or person can ever have over another group or person is based on the capacity to love.”
Quotes Vijay Govindarajan in an article about a new incentive being offered to AOL employees—the chance to launch their own startup with funding and six months to develop their project. Govindarajan argues that the more a company is productive in the present, the less it can be focused on the future. “The performance engine is too powerful,” he says. “The focus on preserving it is too intense.”
Vijay Govindarajan describes how Abraham Lincoln applied elements from his book The Three Box Solution during the Civil War. He writes that Lincoln, "decisively left behind the conventions of the past and created a new relationship with both the military and the general public."
Features an interview with Brian Gerrard who worked with his brother Justin Gerrard T'16, to create the mobile app Bae (Before Anyone Else).The brothers won a Dartmouth pitch competition last year and received $30,000 to launch the app.
Continued coverage of a study conducted by Gordon Phillips and colleagues that examines the correlation between job loss and credit access and how it can affect the job seeking process in the U.S.
An opinion piece co-authored by Vijay Govindarajan about making a radical career change—offering six tips on how to be successful while making the shift. Govindarajan writes, “Once we’re on the path of growth, we can continually move through the seasons of transformation and renewal.”
Review calls The Three Box Solution by Vijay Govindarajan, "a clear winner" with concepts that should be part of every organization's DNA.
Cites a recent study co-authored by Anup Srivastava about why successive cohorts of certain firms are persistently riskier. The study found that each new cohort uses riskier production technologies and operates in more competitive product markets than its predecessor.
Quotes Anant Sundaram about Chinese e-commerce giant Alibaba which is now under investigation by the U.S. for questionable accounting practices. "I think it's a moment of truth for the company. If I'm buying into that stock, what am I buying into?"
Highlights Sydney Finkelstein as a guest speaker at the 2016 Digital Enterprise Show in Madrid, Spain. Finkelstein discussed the need for organizations to generate and regenerate talent in order to survive and shared what characteristics employers should look for in new hires.
Features a study conducted by Gordon Phillips and colleagues that examines the correlation on how job loss and credit access can affect the job seeking process in the U.S. Bloomberg writes, “It turns out that credit can often help jobseekers get back on their feet, especially those with lower income and fewer savings.”
A feature article about Vijay Govindarajan and his new book The Three Box Solution: A Strategy for Leading Innovation.
Robert Devers Wilson T'16 is one of 13 business students and early-career executives chosen by Fellowships at Auschwitz for the Study of Professional Ethics (FASPE) to participate in its two-week program in Europe this summer. "The FASPE program is a once in a lifetime opportunity to learn from history's greatest tragedy and apply those lessons to our world today," says Wilson. "The types of ethical breakdowns that led to the Holocaust still abound in the world today, and FASPE is designed to help us fight against such injustice."
Quotes John Vogel in an article about the marketability of Iron Horse Park—a proposed project zoned for construction of a combined 660,000 square feet of residential, retail, office and industrial space. Vogel argues that developing affordable housing or successful brick-and-mortar stores may be tough given the slow growth of the Upper Valley and the convenience of online retailers.
An opinion piece by Judith White about the excuses made when it comes to negotiating a better salary and tips on how to overcome them. "You can overcome these excuses. Each one that I've described boils down to a normal, healthy desire to avoid feeling bad about ourselves. Each results from framing negotiation as losing something: relationships, self-esteem, self-worth. To put it simply, we make excuses for negotiating in order to avoid losing face—ours or someone else's."
Sydney Finkelstein shares how to find a career that won't make you dread Monday mornings. "Your career isn't something beyond your control. It is in fact one of the absolute most important things you need to actively manage as CEO of your own life. If you can make Sunday night feel no different than Friday night, you'll know you did it."
As a guest on CNBC’s Fast Money, Roger McNamee T’82, Elevation Partners co-founder, discusses Amazon and Facebook as his top two tech stock picks. "Amazon and Facebook really stand out," says McNamee. "They have enormous opportunities."
An opinion piece by Sydney Finkelstein about five habits that successful individuals exhibit. “There’s no formula for divining the next great idea, but what you can do is develop a series of habits that increase your chances of an innovative breakthrough,” writes Finkelstein.
T’16s Alicia True Dagrosa, Whitney Flynn, Joseph Mpumelelo Ngwenya, Johnny Mathias and Pete Mathias have been named to Poets & Quants’ list of 2016 Best and Brightest MBAs. Poets & Quants selected 100 MBA graduates, hailing from 53 different MBA programs globally. Check out their profiles on page four of the P&Q story.
A feature story about Tracy Sun T'05, co-founder and vice president of merchandising at Poshmark, a social commerce app that enables the buying and selling of secondhand clothing and accessories online. San Francisco Chronicle highlights that the company has accumulated more than 1.5 million sellers, who engage with the app an average of seven times per day. "Those are the kind of numbers you'd expect to hear from a Facebook or a Pinterest," says Sun. "You don't often hear that kind of addictiveness or engagement in a commerce app."
John Vogel discusses the challenges that low income households face when in need of housing assistance. “Food, housing and medical care are all basic human needs,” says Vogel. “All of which leads me back to wonder again, why we can’t administer housing vouchers the way we administer food stamps.”
An opinion piece by Vijay Govindarajan about how his Three Box Solution theory can be equally applied to an organization and an individual seeking personal growth. Govindarajan writes, “Even as the Three Box Solution framework helps organizations innovate and grow, it reveals a set of principles that can help leaders in their personal transformation journey too."
Kevin Lane Keller is referenced in an article about how the criteria for an iconic ad campaign is shifting. Forbes notes that Keller would put the Milk Board's "Got Milk?" campaign in the iconic ad campaign category.
Dean Matthew Slaughter comments on the inadequacy of the Trade Adjustment Assistance program that supports U.S. workers who lose their jobs to foreign competitors. Slaughter calls the program, "vastly inadequate and improperly designed.”
Sydney Finkelstein comments on how Energy Transfer Equity LP Chief Executive Kelcy Warren recently delivered a public and concrete renunciation of his once-coveted deal for rival Williams. "I've never heard of an example like this—of this degree of buyer's remorse. It was a bad deal from the beginning and they've realized it afterward, and now they're going about the process of trying to get out of the deal in a way that destroys the credibility of their own management."
An interview with Vijay Govindarajan about his new book The Three Box Solution: A Strategy for Leading Innovation and how the theory was inspired by his Hindu faith.
Sydney Finkelstein says we shouldn't expect Donald Trump to be shunned by CEOs if he lands in the White House. "CEOs don't have much of a choice. If it happens to be a President Trump, they're going to have to deal with him."
Quotes Peter Fisher who has joined the growing chorus calling for reform of the U.S. central bank. "The Fed's decision-making and communications process is broken and has been for some time," said Fisher in a speech to the Shadow Open Market Committee last week.
Sydney Finkelstein says, "The determination of superbosses to recruit the most intelligent, creative, and flexible employees possible is central to how they think about talent, and success.”
An opinion piece by Vijay Govindarajan about the challenges that Franklin D. Roosevelt faced during the Great Depression and the bold decisions he made in Box Two and Box Three to navigate the country out of the crisis.
Highlights Nicole Burns T’17, in an article about the Sweat for Good summit that will take place Friday and Saturday at Fenway Park. The Valley News writes, “Burns will be part of an afternoon think tank focused on inclusivity—getting the most youth involved in philanthletics as possible.”
Quotes Peter Fisher on the Federal Reserve central bank's policymaking committee being too large to be effective, disapproving of the appointing process and accountability of committee members. “Each Committee member should be accountable for their own vote as if they were the sole decision maker,” says Fisher. “It is time to fix the appointment process for Reserve Bank presidents so that everyone who has a say in our nation’s monetary policy is appointed by our elected representatives.”
Vijay Govindarajan explains how to create a new business while optimizing an already existing one using his Three Box Solution theory.