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- Should You Join the Family Business?
- The decision to join a family business can be difficult because once you're in, you're in for the long haul. You can leave IBM with two-weeks notice. But mixing blood and money means you are committing big time to Johnson's Distributors or Jones and Sons Auto Repair. ...
- Blog posts 2008-08-06
- A Real Death: Is Corporate Evil to Blame?
- Can a Business Be Evil? asks Lew McCreary in an excellent, five-paragraph post on Harvard Business Publishing. If not, then who is responsible for the death of Carlene Balderrama, a 53-year-old wife and mother who killed herself hours before her house was to be sold in a foreclosure auction? ...
- Blog posts 2008-08-05
- Cuil! But Are We Really Ready to Dump Google?
- Cuil, the latest contender for the search throne currently occupied by Google, is likely to fail, if history is our guide. Entrenched incumbents commanding world-class talent and money are very difficult to dislodge. And yet, some experts tell us there is a growing...
- Blog posts 2008-08-04
- How High Gas Prices Might Help Your Work Situation
- You've probably noticed what I've noticed: Soaring gas prices are finally, finally, causing people to change their behavior. Take me, for example. I now share my 44-mile commute into Boston with a co-worker, something I thought I would never do. So people are ready to change. How...
- Blog posts 2008-07-31
- Should You Franchise Your Retail Empire?
- Store owners who are skilled or lucky enough to be able to expand their retail operations to multiple outlets at some point must make a crucial decision. Is it better to manage these far-flung operations from a central HQ, or is franchising -- essentially giving local managers...
- Blog posts 2008-07-30
- Why IT Not Only Matters, But Now More Than Ever
- When Nicholas Carr argued famously and contentiously a few years back that IT doesn't matter anymore, his more subtle point was missed. Having effective IT just means you are part of the competitive status quo. Most of your competitors will have similar technology to yours, so...
- Blog posts 2008-07-29
- The Marketing Manager's Dilemma: Where To Spend
- You have a finite amount of marketing dollars to spend, and an almost infinite number of ways to spend them. How much should I earmark for word-of-mouth to existing customers versus WOM to non-customers? Which products do I highlight in a catalog, and whom do I send...
- Blog posts 2008-07-28
- LinkedIn: The Business Antidote to Facebook?
- Expanding on yesterday's blog on the diminishing ROI for business users of Facebook, Harvard Business Online blogger John Sviokla checks in with a positive look at its main competitor for business users, LinkedIn. His take: LinkedIn delivers tremendous reach to business professionals for a relatively small investment....
- Blog posts 2008-07-25
- When Worlds Collide: Facebook's Diminishing ROI for Business Users
- Do you find Facebook a helpful tool for maintaining and growing business contacts, or are you contemplating what Harvard Online editor Paul Michelman is about to do: "Defriend" all his business contacts. As a business tool, says Michelman, Facebook is not working, and it's...
- Blog posts 2008-07-24
- Using Open Source to Solve Business Problems
- When your business is confronted with an intractable problem, where do you turn to solve it? Lob it over the wall to R&D? Bring in the consultants? Your best solution might be to present your problem to a network of smart strangers that attack it from their...
- Blog posts 2008-07-23
- Is My Job 'Offshorable'? You Might be Surprised
- In a much debated research paper last year, Princeton economist Alan S. Blinder concluded that up to 38 million jobs, or 29 percent, of US jobs are potentially offshorable within the next couple of decades -- that is, capable of being outsourced to workers in other countries. ...
- Blog posts 2008-07-22
- The Next Generation: How They Differ from Boomers, X and Y
- We naturally tend to categorize generations into stereotypes. Boomers, as you know, are terrible stewards of the planet, profligate consumers, and self-absored. Gen Xers (1963-1981) seek work-life balance, are more conservative spenders than their parents, and pride themselves on self-sufficiency. Gen Y (1980-1984) was born with a mouse in its...
- Blog posts 2008-07-21
- Encouraging Accidental Invention
- It's not by accident that some of our greatest inventions have resulted from, well, accidents. Many inventors stumble across breakthrough ideas while actually looking for something else, or not even looking at all. A melted candy bar led to the creation of the the microwave oven. Penicillin...
- Blog posts 2008-07-17
- The Antidote to Innovation
- "Innovation" is creeping near the top of this year's business buzzword list, perhaps even nudging out "Web 2.0" for top honors. Business seers tell us that innovation is the best way to grow our enterprise, that it is a source of continuing competitive advantage (Wait, I wrote that!), that it...
- Blog posts 2008-07-16
- Stress Ball: Are You Run Over by Email?
- Think email is controlling your work life? Check out the in-box of John Halamka, the chief information officer for Beth Israel Deaconess Medical Center and Harvard Medical School. According to a recent Boston Globe story, Halamka "leaves 50 percent of his day's schedule open for responding to...
- Blog posts 2008-07-15
- The Death of the Informed Decision
- To make a critical decision, we often siphon in as much raw data as possible, listen to expert advice, run scenarios, and then place our bet or bets on the most logical course of action. But if you notice, the captain of the Starship Enterprise was not...
- Blog posts 2008-07-14
- How Foreign Investment Benefits the US
- If you were scorched reading the recent flame wars over the desirability of foreign investment in US business landmarks Anheuser-Busch Companies and railroad CSX ignited by my BNET colleague Peter Galuszka, you understand why this subject is becoming a third rail in American economic policy debates. Now...
- Blog posts 2008-07-11
- Travel Tips from a Million-Mile Flier
- Let's just cut to the chase, shall we? Business travel sucks. It's always been difficult. Today it's horrendous. In the next few years it could be unbearable as airlines consolidate routes and pile on fees. So veteran business traveler Marshall Goldsmith checks in to Harvard Business with...
- Blog posts 2008-07-10
- Convince Consumers to Indulge for Their Own Good
- As people continue to pinch pennies in a slowing economy, how does the seller of upscale products and services convince them to buy items that are impractical Hummer, unnecessary Amazon rain forest excursion, or expensively luxurious Lobster of the Month Club? The answer is simple. Lay...
- Blog posts 2008-07-09
- Unconscious Marketing: The Coca-Cola Revelations
- When you hear a bottle of Coca-Cola being opened, does the pop-fizz sound wet your thirst for that first sip? Or does it do something more, transporting you back in time to a happy, warm memory when your grandfather snapped open an eight-ounce bottle of the popular...
- Blog posts 2008-07-08
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