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- How to drive a Jeep across quicksand
Managing innovation is like driving a Jeep across a pond of quicksand, says John Nottingham, a co-president of Nottingham Spirk. It's risky, but you need to commit fully to the path you've chosen and not stop to second-guess yourself. "If you pause to think about it for a while, you start sinking in the quicksand and all of a sudden you disappear," Nottingham says. The New York Times (tiered subscription model)
(11/24)      
- Is Jack Welch a has-been?
Former General Electric CEO Jack Welch has been raising eyebrows with a string of political statements, including a claim that unemployment figures were skewed to assist President Barack Obama's re-election campaign. Welch shrugs off critics who say he's "lost his game," and says he's simply enjoying his retirement. "If I were still a CEO, I wouldn't be saying all these controversial things," he says. Bloomberg Businessweek
(11/21)
- Retailers go online to win Black Friday price war
Big-box retailers are incorporating e-commerce into their real-world sales strategies, using real-time data analysis to ensure that they're matching rivals' promotional offers, and often applying the same discounts to online pricing. That's good news for offline and online consumers, although some analysts fear the move could reduce the profits retailers are able to wring out of holiday-sales shoppers. The Wall Street Journal
(11/23)
| Innovation and Creativity |
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- More immigration means more innovation, researcher says
A quarter of all U.S. startups, and more than half of those in Silicon Valley, were started by immigrants from 1995 to 2005. However, a shortage of H1-B visas for science, engineering and computer researchers is threatening that trend, says innovation researcher Vivek Wadhwa. "The reality is, if we just fix that one issue about the numbers of visas, the problem would likely fix itself. It's that simple," he says. Knowledge@Wharton
(11/20)
- Why bosses should find their "off button"
Leaders shouldn't be afraid to turn off their smartphones and iPads, write Henry Mintzberg and Peter Todd, as digital distractions make it harder for bosses to relate to their workers effectively. "By giving managers the illusion of control, the rapid flow of information through new technologies threatens to rob them of real control," the pair write. Strategy+Business magazine (free registration)
(Winter 2012)
- Results based on number of times each story was clicked by readers.
- Japanese manufacturers say offshoring isn't an option
The yen has risen 34% against the dollar since 2007, causing problems for Japanese exporters and putting many under pressure to offshore manufacturing. Still, some executives say they're determined to maintain a Japanese manufacturing base. "You don't need foreign factories to be a global company," says Norifumi Hagimoto, president of parts supplier Tamagawa Seiki. The Wall Street Journal
(11/22)
- Wal-Mart suspends Indian workers amid corruption inquiry
Wal-Mart's efforts to find a foothold in India have been shaken by reports that the company's joint venture there has suspended five employees, reportedly including its chief financial officer, pending a corruption inquiry. The news was seen as potentially slowing Wal-Mart's aggressive expansion in India, where it jointly operates 18 wholesale stores with plans to begin retail operations. The Associated Press
(11/23), The Economic Times (India)
(11/26)
| Engage. Innovate. Discuss. |
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- Relationship-management tips for new executives
Newly appointed executives probably already know the importance of nurturing relationships, but their existing interpersonal techniques might not work as well in a larger role, writes Mary Jo Asmus. Small-group meetings still have a place in the new manager's toolkit, but it's also important to develop the skills needed for running all-hands meetings and other large-group sessions. SmartBrief/SmartBlog on Leadership
(11/21)
- Black Friday isn't the only "black" day
Black Friday isn't the only day to have been given a "black" epithet over the years, writes M. Asher Cantrell. History buffs will recall Black Sunday, which marks a huge dust storm in 1935; Black Thursday, a day in 1943 when a record number of U.S. planes were shot down over Germany; and Black Saturday, the day in 1962 on which the Cuban missile crisis reached its climax. MentalFloss.com
(11/23)
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