I had the feeling,” said Pierre Wack, “of hunting in a pack of wolves, being the eyes of the pack, and sending signals back to the rest. Now if you see something serious, and the pack doesn’t notice ...

Since the mid-1990s, the source of competitive advantage has been shifting. Leading companies used to be diverse conglomerates that based their competitive strategy on assets, positions, and economies ...

During the 1990s, no company was more identified with best practice in managing change than General Electric, and few outsiders were more identified with GE’s success than Noel M. Tichy. Between 1985 ...

Working closely with the human capital director, he set about developing a “market shaper” culture—an organization perceived as driving the evolution of the sector—to stimulate more innovation and ...

Costs can mount quickly when the chief executive officer of a large company is fired or departs suddenly without an obvious internal replacement. The typical seven-figure severance package and ...

When their profit goals differ, fiercely competitive firms may decide to collaborate with each other on complementary offerings. 3.Robotic seals and bionic limbs: How Japan is creating opportunity for ...

Innovation processes are almost always heavily front-loaded. They focus the lion’s share of attention on idea generation, but they usually finish with something less than a roar. Ask most executives ...

Bottom Line: During periods of financial turmoil, small and medium-sized firms face a unique set of challenges. By employing certain strategies, not only can smaller companies survive slumping demand ...

There’s an idea in Dick and Emily Axelrod’s new book, Let’s Stop Meeting Like This: Tools to Save Time and Get More Done (Berrett-Koehler, 2014), that’s sure to raise the eyebrows of managers around ...

Finding and developing good ideas is what corporate innovation strategy is all about. That’s why the concept referred to as open innovation has dominated so many discussions about research and ...

Entrepreneur Richard Branson, chairman of the Virgin Group, is known for building creative, motivated teams. He insists on “fun” as a key element of any new enterprise. When I mentioned this to a ...

IKEA's founder, Ingvar Kamprad, who died January 27 at the age of 91, leaves behind a legacy that extends beyond his business. His business in itself would be enough: a global chain of some 379 stores ...