- 21 Nov 2022
- Deep Purpose
How Higher Purpose Guides CEO Sim Tshabalala of Africa’s Standard Bank Group
In South Africa, CEO Sim Tshabalala of Standard Bank Group worked his way up from the country’s largest Black township to lead one of Africa’s largest financial institutions. It might seem like an improbable trajectory: from the “dusty streets of Soweto” to the executive suite of a highly influential business. In this episode, Tshabalala explains how hewing to a deep purpose guides his bank to do the right thing for shareholders and society – and how purpose gives his own life a clear direction.
- 21 Nov 2022
- Research & Ideas
Buy Now, Pay Later: How Retail's Hot Feature Hurts Low-Income Shoppers
More consumers may opt to "buy now, pay later" this holiday season, but what happens if they can't make that last payment? Research by Marco Di Maggio and Emily Williams highlights the risks of these financing services, especially for lower-income shoppers.
- 18 Nov 2022
- HBS Case
What Does It Take to Safeguard a Legacy in Asset Management?
Diverse hiring, deep research, and a collaborative culture have defined Brown Capital's successful investment approach. But would those qualities endure after its founder retires? A case study by Luis Viceira and Emily McComb explores how the second-largest Black-founded investment firm is preparing for its next phase.
- 16 Nov 2022
- Managing the Future of Work
Cal Newport on knowledge work, Part 2: “Slow productivity”
The rest of Joe Fuller’s conversation with computer scientist, author, and New Yorker magazine contributing writer Cal Newport. Just what is productive knowledge work and how do you measure it? Also: social skills, leadership, virtual reality, quiet quitting, and scientific management’s difficulty with knowledge work.
- 16 Nov 2022
- Climate Rising
U.S. DOE’s Jigar Shah & the State of Carbon Removal
Jigar Shah, Director of the U.S. Department of Energy’s Loan Programs Office, shares some of the technical and finance challenges and opportunities of carbon removal solutions, and shares how transitioning his private-sector energy finance background into government leadership has shown him how public-private climate tech partnerships could be improved. He also offers advice for those interested in careers in business and climate change. For transcripts and other resources, visit climaterising.org. Guest: Jigar Shah, Director, Loan Programs Office, U.S. Department of Energy.
- 15 Nov 2022
- Cold Call Podcast
Planning the Future for Harlem’s Beloved Sylvia’s Restaurant
Sylvia’s Restaurant, which celebrated its 60th anniversary in August 2022, is a testament to the values instilled by the matriarch Sylvia Woods. She cultivated a strong community around her soul food restaurant in New York City’s Harlem neighborhood that has continued to thrive, even after her passing a decade ago. Amid business expansions and succession planning, the legacy of Sylvia Woods continues to live on. But as Sylvia’s grandson takes over the business, a new challenge faces him and his family: what should the next 60 years of Sylvia’s look like? Senior Lecturer Christina Wing and Kenneth De'Sean Woods, chief executive officer of Sylvia Woods Inc., discuss the case, “Sixty Years of Sylvia’s.”
- 15 Nov 2022
- Book
Stop Ignoring Bad Behavior: 6 Tips for Better Ethics at Work
People routinely overlook wrongdoing, even in situations that cause significant harm. In his book Complicit: How We Enable the Unethical and How to Stop, Max Bazerman shares strategies that help people do the right thing even when those around them aren't.
- 15 Nov 2022
- Op-Ed
Why TikTok Is Beating YouTube for Eyeball Time (It’s Not Just the Dance Videos)
Quirky amateur video clips might draw people to TikTok, but its algorithm keeps them watching. John Deighton and Leora Kornfeld explore the factors that helped propel TikTok ahead of established social platforms, and where it might go next.
- 14 Nov 2022
- Deep Purpose
Arcos Dorados Founder Woods Staton: The Importance of Core Principles
Arcos Dorados (Golden Arches in English) is the world’s largest independent McDonald’s franchisee. It has restaurants across Latin America and the Caribbean. Founder Woods Staton says purpose is a work in progress for his company. But having core principles helped Arcos Dorados keep the doors open – with minimal layoffs – during the COVID-19 pandemic. In this candid conversation, Staton describes his lifelong mission to prove that a highly successful business leader can also be socially responsible.
- 10 Nov 2022
- Research & Ideas
Too Nice to Lead? Unpacking the Gender Stereotype That Holds Women Back
People mistakenly assume that women managers are more generous and fair when it comes to giving money, says research by Christine Exley. Could that misperception prevent companies from shrinking the gender pay gap?
- 09 Nov 2022
- Managing the Future of Work
Cal Newport on knowledge work, Part 1: The concentration deficit
Computer scientist, author, and New Yorker writer Cal Newport argues that the way we organize cognitive work ignores basic neuroscience. Also: how the pandemic deepened the digital communications morass; how autonomy without structure is bad for knowledge workers; native-remote businesses; the sociological and real estate implications of remote work; the 4-day work week; and what we can learn from software developers.
- 09 Nov 2022
- In Practice
COP27: What Can Business Leaders Do to Fight Climate Change Now?
The US government plans to spend $370 billion to cut greenhouse gases and expand renewable energy—its biggest investment yet. In the wake of COP27, we asked Harvard Business School faculty members how executives could seize this moment.
- 08 Nov 2022
- Research & Ideas
How Centuries of Restrictions on Women Shed Light on Today's Abortion Debate
Going back to pre-industrial times, efforts to limit women's sexuality have had a simple motive: to keep them faithful to their spouses. Research by Anke Becker looks at the deep roots of these restrictions and their economic implications.
- 07 Nov 2022
- Deep Purpose
Mumzworld Founder Mona Ataya: Empowering Women in the Middle East
Mumzworld is the largest online baby store in the Middle East. It was created by Mona Ataya, one of the most influential businesswomen in the region. Ataya is driven to empower women, motivate employees and benefit all of the company’s stakeholders. In this conversation, Ataya recounts the challenges of creating a women-led company in a socially conservative environment. She explains the critical importance of finding talent that aligns with your values to maximize a company’s social and financial performance.
- 03 Nov 2022
- Op-Ed
Feeling Separation Anxiety at Your Startup? 5 Tips to Soothe These Growing Pains
As startups mature and introduce more managers, early employees may lose the easy closeness they once had with founders. However, with transparency and healthy boundaries, entrepreneurs can help employees weather this transition and build trust, says Julia Austin.
- 02 Nov 2022
- Climate Rising
McKinsey's Climate Consulting
Daniel Pacthod, Senior Partner and global co-leader of McKinsey Sustainability, shares how the company works with its clients to address climate risk and find opportunities through its pillars of net-zero strategy, green business building, decarbonization transformation, net-zero financial institutions, and sustainable investing. He also offers advice for those interested in careers in business and climate change. For transcripts and other resources, visit climaterising.org Guest: Daniel Pacthod, Senior Partner and global co-leader of McKinsey Sustainability, McKinsey & Company
- 01 Nov 2022
- What Do You Think?
Why Aren’t Business Leaders More Vocal About Immigration Policy?
Immigration fuels the American economy, feeds the talent pool, and can directly affect company performance. And yet few executives and entrepreneurs have waded into the policy dialogue, says James Heskett. Open for comment; 0 Comments.
- 01 Nov 2022
- Research & Ideas
A Penny for Your Thoughts? For Big-Picture Ideas, the Right Pay Structure Matters
Employment contracts that try to squeeze more productivity out of workers can thwart innovative thinking, says research from Susanna Gallani. She offers advice to help companies align incentives with expectations.
- 01 Nov 2022
- Cold Call Podcast
Marie Curie: A Case Study in Breaking Barriers
Marie Curie, born Maria Sklodowska from a poor family in Poland, rose to the pinnacle of scientific fame in the early years of the twentieth century, winning the Nobel Prize twice in the fields of physics and chemistry. At the time women were simply not accepted in scientific fields so Curie had to overcome enormous obstacles in order to earn a doctorate at the Sorbonne and perform her pathbreaking research on radioactive materials. How did she plan her time and navigate her life choices to leave a lasting impact on the world? Professor Robert Simons discusses how Marie Curie rose to scientific fame despite poverty and gender barriers in his case, “Marie Curie: Changing the World.”
When Agreeing to Disagree Is a Good Beginning
When conflict stems from honest and open listening, disagreement can be a good thing, say Francesca Gino and Julia Minson. But developing those skills requires patience and discipline.