Few organizations have escaped the need for major change in the past decade, as new technologies and global crises have reshaped entire industries. However, the fact that change has become more ...

During the 1990s, no company was more identified with best practice in managing change than General Electric, and few outsiders were more identified with GE’s success than Noel M. Tichy. Between 1985 ...

This article was written with Evan Hirsh and Kasturi Rangan. I once heard a business leader say, “Strategy is results.” He meant that strategy doesn’t matter as long as you are producing results. Many ...

McDonald has dedicated his career to exploring innovation-related challenges and their solutions. His early research on startups drew the attention of Harvard’s Clayton Christensen, who became a ...

Evidence is mounting that conventional approaches to strategic human capital management are broken. This is particularly true for performance management (PM) systems—the appraisal approaches in which ...

Suppose you’re confined to a nursing home. You’re elderly, you’ve lost much of your mobility, and your faculties are deteriorating. Along comes a Harvard University social psychology professor named ...

I had the feeling,” said Pierre Wack, “of hunting in a pack of wolves, being the eyes of the pack, and sending signals back to the rest. Now if you see something serious, and the pack doesn’t notice ...

This is the third in a series of articles looking at sentiments among key segments of the workforce, based on PwC’s Global Workforce Hopes and Fears Survey 2022. Previous articles looked at the data ...

A version of this article appeared in the Spring 2020 issue of strategy+business. Think back to the last conference you attended. How many presentations do you remember? Probably not too many. As a ...

None of the conference rooms were available, so the meeting was held in a maintenance closet: an 8-by-8-foot room with mops, brooms, and brushes, and the smell of detergent in the air. Ten men and ...

Rita Gunther McGrath thinks it’s time for most companies to give up their quest to attain strategy’s holy grail: sustainable competitive advantage. Neither theory nor practice of strategy has kept ...

Some of the links between creativity and risk are pretty self-evident. Creativity is all about trying something new, exploring the unknown, and accepting uncertainty and the possibility of failure. In ...