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BNET Business Dictionary
- Strategy
- a course of action, including the specification of resources required, to achieve a specific objective
- Strategy definition on BNET »
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- London Business School: Re-org is its Own Reward
- The Find: One professor thinks you don't need a good reason to reorganize your departments -- a reshuffle is an end unto itself. The Source: The "Random Rantings" blog of Freek Vermeulen, Associate Professor of Strategic & International Management at the London Business School. ...
- Blog posts 2008-06-11
- Three Strategies for Successful Pricing During a Downtown
- The Find: With the economy tanking, and inflation on the rise, pricing is both more important and trickier than ever, but expert guidance is available to keep managers from making critical mistakes. The Source: An interview with Tony Cram of Britain's Ashridge Business School in the Financial...
- Blog posts 2008-05-19
- Euro v. U.S. Execs on Globalization: It's All About Retaining Talent
- The Find: While 90 percent of CEOs worldwide view globalization as both inevitable and positive, American business leaders are significantly more worried about retaining talent in a flat world than their counterparts in Europe. The Source: The EquaTerra Globalization Study conducted by the Economist Intelligence Unit on...
- Blog posts 2008-05-13
- The Biology of Bubbles and Crashes
- The Find: Recent research finds that male hormones might help explain the risk-taking behavior that underlies market bubbles and crashes The Source: Research from the University of Cambridge in this week's edition of Proceedings of the National Academy of Sciences. The Takeaway: Women...
- Blog posts 2008-04-16
- Deliberate Ignorance Can Be a Winning Tactic
- The Find: Withholding information from others -- and yourself -- can be an effective means of achieving key goals. The Source: "Influence Through Ignorance" in the current edition of The RAND Journal of Economics. The Takeaway: The classic economic model says that knowing...
- Blog posts 2008-04-08
- Fostering Innovation Stumps Executives
- The Find: Every executive demands those invaluable intangibles such as innovation and creativity. Yet surprisingly few know to truly nurture them. The Source: Recent surveys by Accenture and the Conference Board. The Takeaway: Saatchi & Saatchi CEO Kevin Roberts sums up how important innovation...
- Blog posts 2008-04-04
- What Is Carbon Credit?
- C02 emissions trading can help lower the environmental cost of doing business – if you know how to navigate the booming $60 billion market. How It Works Emissions limits and trading rules vary country by country, so...
- Articles 2008-02-05
- How to Make Your IT Greener
- Our post last month pointing out that servers guzzle as much energy as SUVs got a big response, but many readers asked a very reasonable question: businesses can't be expected to get rid of their IT, so how can they reduce IT energy expenditures? As we pointed...
- Blog posts 2008-01-14
- How Innovation Is Like Golf
- For a game that's so maddeningly difficult, golf inspires real fanaticism in its fans. Among them, apparently, is management guru, Gary Hamel. His post on today's Harvard Business Review Conversation Starters opens with a passionate description of the game's charms and aggravations (if you're a golfer, it's a must-read for...
- Blog posts 2008-01-04
- The Dunning-Kruger Effect and What to Do about It
- One of the most stressful aspects of being promoted to management can be the responsibility of determining others' compensation. Why is that? You might call it inflated egos. Psychologists call it the Dunning-Kruger effect, and Business Pundit has a great post on the phenomenon this week. First, a definition of...
- Blog posts 2008-01-04
- Management Must-Reads
- In business, as in life, the people who are the best at it are constantly learning. To this end, we here at BNET try and keep you up to date on the big ideas in business and point out worthy books that'll keep you informed. And because it's the start...
- Blog posts 2008-01-03
- Six Keys to Better Communication and Better Financial Performance
- Our recent post centered on a Harvard Business Review IdeaCast about what skills managers were missing got a lot of attention. Managers, it seems, want to know what's more important--soft communication skills or more hard-hosed traits like perseverance? Global Consulting firm Watson Wyatt weighed in yesterday with its 2007/2008 Communication...
- Blog posts 2007-12-05
- An Easy Way to Go Green Most Companies Miss
- When it comes to green initiatives, many managers think that business travel is the low-hanging fruit. But a new report out today from a British non-profit, Global Action Plan, suggests that IT will soon emit more CO2 than travel. The study, titled "The Inefficient Truth," found that: There...
- Blog posts 2007-12-03
- Innovation Networks Explained
- A large part of being a manger is solving problems. No matter how carefully you plan, or how excellent your team, there are always fires to be put out, and issues that no amount of head-scratching can resolve. So what to do? This week, Knowledge@Wharton spoke to Larry Huston, managing...
- Blog posts 2007-11-16
- Overburdened Managers Losing Sight of the Big Picture
- UK management is overburdened and overstressed according to new research out from the Chartered Management Institute. Is U.S. management doing all that much better? CMI spoke to over 1,000 UK managers and directors and found that while over 80% are highly motivated and "can't wait to get...
- Blog posts 2007-11-02
- The Joys of Being (Occasionally) Wrong
- Most people hate being wrong. It might be an obvious truth, but sometimes it's these commonsense ideas, these truths that seem so self-evident that we accept them without question, which turn out to be holding us back. Seth Godin, author of best-selling marketing books "Small is the...
- Blog posts 2007-10-19
- Are You an "Absent Presence"?
- Sometimes an oxymoron can be instructive. When thrash metal band Megadeth penned the lyrics, "Military intelligence, two words combined that can't make sense" everyone got the message. And when Lee Rainie, the Director of the Pew Internet & American Life Project, warned attendees at last weekend's MIMA summit that...
- Blog posts 2007-10-11
- Does Your Company Suffer From Tunnel Vision?
- Experiment: ask your team members why your customers should choose your company over the competition? Would their answers be clear and consistent, or would they scramble to come up with some response to make you go away and leave them in peace. Posting this week to the...
- Blog posts 2007-10-03
- Perfectionists Despair: Digital World "Always in Beta"
- Today we mentioned that Craigslist CEO, Jim Buckmaster, will be answering questions on the always engaging Freakonomics blog. One of the principles of his management philosophy: Put speed over perfection: "Get something out there. Do it, even if it isn't perfect." Buckmaster is...
- Blog posts 2007-10-03
- How Much Are Your IT Assets Worth? Don't Know? You're Not Alone.
- Businesses spent billions on IT in 2006, and spending is up a little over 8% this year according to IDC. Yet a new study reveals that neither CIOs nor CFOs have much of a sense of the value of their companies' IT assets. The survey, conducted by UK software developer,...
- Blog posts 2007-10-01
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