Businesses and managers must adopt a "First, do no harm" approach to their impact on society and the environment, according to Harvard Business School professor Rakesh Khurana. In this podcast, he calls on managers to cast aside the current "learn, earn, then give" model and to integrate a social and...
Most medical professionals take an oath that charges them to consider the broader implications of their actions on society. Business leaders, of course, take no such oath. Until recently, it was commonly accepted that the only interests they served were those of shareholders and, to a lesser...
M.B.A. programs in America seem to be in excellent shape -- demand is high, with more than 130,000 people shelling out tens of thousands of dollars each to get an MBA (tuition alone at Harvard Business School is $41,900 for the 2007-2008 academic year). Many graduates of the best schools...
At the start of the 20th century, companies were increasingly using scientific approaches to improve worker productivity. What were the best techniques for work on an assembly line? Could better lighting improve worker efficiency? But that all began to change in 1924 with the start of...
David Leonhardt in the New York Times wrote about his favorite economics book of the year in No. 1 Book, and It Offers Solutions. In what he calls "a very good year" for books on economics, he named Shannon Brownlee's Overtreated tops, and his column tells why. It...
The Idea in Brief Should companies needing a new CEO pick someone from inside or outside? Insiders know the firm and its people, but they're often blind to the need for radical change. Outsiders see the need...