Influential business and management ideas have tremendous influence over us. Like it or not, they shape how organizations are run and how people around the world spend their days. And Harvard Business Review has introduced and spread many of these consequential ideas since its founding in 1922. HBR IdeaCast is taking this 100th anniversary to ask: how have these ideas changed our lives? And where are they taking us in the future? Each Thursday in October, the podcast feed will feature a bonus series: 4 Business Ideas That Changed the World. Each week, a different HBR editor talks to world-class scholars and experts on influential business and management ideas of HBR’s first 100 years: disruptive innovation, scientific management, shareholder value, and emotional intelligence. Listen to the conversations to better understand our work life, how far it’s come, and how far it still has to go.

In 1878, a machinist at a Pennsylvania steelworks noticed that his crew was producing much less than he thought they could. With stopwatches and time-motion studies, Frederick Winslow Taylor ran experiments to find the optimal way to make the most steel with lower labor costs. It was the birth of a management theory, called scientific management or Taylorism. Critics said Taylor’s drive for industrial efficiency depleted workers physically and emotionally. Resentful laborers walked off the job. The U.S. Congress held hearings on it. Still, scientific management was the dominant management theory 100 years ago in October of 1922, when Harvard Business Review was founded. It spread around the world, fueled the rise of big business, and helped decide World War II. And today it is baked into workplaces, from call centers to restaurant kitchens, gig worker algorithms, and offices. Although few modern workers would recognize Taylorism, and few employers would admit to it. 4 Business Ideas That Changed the World is a special series from HBR IdeaCast. Each week, an HBR editor talks to world-class scholars and experts on the most influential ideas of HBR’s first 100 years, such as disruptive innovation, shareholder value, and emotional intelligence. Discussing scientific management with HBR senior editor Curt Nickisch are: Nancy Koehn, historian at Harvard Business School Michela Giorcelli, economic historian at UCLA Louis Hyman, work and labor historian at Cornell University Further reading: Book: The One Best Way: Frederick Winslow Taylor and the Enigma of Efficiency, by Robert Kanigel Case Study: Mass Production and the Beginnings of Scientific Management, by Thomas K. McCraw Oxford Review: The origin and development of firm management, by Michela Giorcelli

In the 1980s, Clayton Christensen cofounded a startup that took over a market niche from DuPont and Alcoa. That experience left Christensen puzzled. How could a small company with few resources beat rich incumbents? It led to his theory of disruptive innovation, introduced in the pages of Harvard Business Review in 1995 and popularized two years later in The Innovators Dilemma. The idea has inspired a generation of entrepreneurs. It has reshaped R&D strategies at countless established firms. And it has changed how investors place billions of dollars and how governments spend billions more, aiming to kickstart new industries and spark economic growth. But disruption has taken on a popular meaning well beyond what Christensen’s research describes. Some critics argue that the theory lacks evidence. Others say it glosses over the social costs of lost jobs of bankrupted companies. And debate continues over the best way to apply the idea in practice. 4 Business Ideas That Changed the World is a special series from HBR IdeaCast. Each week, an HBR editor talks to world-class scholars and experts on the most influential ideas of HBR’s first 100 years, such as shareholder value, scientific management, and emotional intelligence. Discussing disruptive innovation with HBR editor Amy Bernstein are: Rita McGrath, professor at Columbia Business School Felix Oberholzer-Gee, professor at Harvard Business School Derek van Bever, senior lecturer at Harvard Business School Further reading: HBR: What Is Disruptive Innovation?, by Clayton M. Christensen, Michael E. Raynor, and Rory McDonald New Yorker: The Disruption Machine: What the Gospel of Innovation Gets Wrong, by Jill Lepore Business History Review: How History Shaped the Innovator’s Dilemma, by Tom Nicholas HBR: Disruptive Technologies: Catching the Wave, by Joseph L. Bower and Clayton M. Christensen

The idea that maximizing shareholder value takes legal and practical precedence above all else first came to prominence in the 1970s. The person who arguably did the most to advance the idea was the business school professor Michael Jensen, who wrote in Harvard Business Review and elsewhere that CEOs pursue their own interests at the expense of shareholders' interests. Among other things, he argued for stock-based incentives that would neatly align CEO and shareholder interests. Shareholder primacy rapidly became business orthodoxy. It dramatically changed how and how much executives are compensated. And it arguably distorted capitalism for a generation or more. Critics have long charged that maximizing shareholder value ultimately just encourages CEOs and shareholders to feather their own nests at the expense of everything else: jobs, wages and benefits, communities, and the environment. The past few years have seen a backlash against shareholder capitalism and the rise of so-called stakeholder capitalism. After reigning supreme for half a century, is shareholder value maximization on its way out? 4 Business Ideas That Changed the World is a special series from HBR IdeaCast. Each week, an HBR editor talks to world-class scholars and experts on the most influential ideas of HBR’s first 100 years, such as disruptive innovation, scientific management, and emotional intelligence. Discussing shareholder value with HBR editor in chief Adi Ignatius are: Lynn Paine, professor at Harvard Business School Mihir Desai, professor at Harvard Business School Carola Frydman, professor at Kellogg School of Management Further reading: HBR: CEO Incentives—It’s Not How Much You Pay, But How, by Michael C. Jensen and Kevin J. Murphy New York Times: A Friedman doctrine‐- The Social Responsibility Of Business Is to Increase Its Profits, by Milton Friedman HBR: The Error at the Heart of Corporate Leadership, by Joseph L. Bower and Lynn S. Paine U.S. Business Roundtable: Statement on the Purpose of a Corporation, 2019

In the early 1990s, publishers told science journalist Daniel Goleman not to use the word “emotion” in a business book. The popular conception was that emotions had little role in the workplace. When HBR was founded in October 1922, the practice of management focused on workers’ physical productivity, not their feelings. And while over the decades psychologists studied “social intelligence” and “emotional strength,” businesses cultivated the so-called hard skills that drove the bottom line. Until 1990, when psychologists Peter Salovey and John Mayer published their landmark journal article. It proposed “emotional intelligence” as the ability to identify and manage one's own emotions as well as those of others. Daniel Goleman popularized the idea in his 1995 book, and companies came to hire for “EI” and teach it. It’s now widely seen as a key ingredient in engaged teams, empathetic leadership, and inclusive organizations. However, critics question whether emotional intelligence operates can be meaningfully measured and contend that it acts as a catchall term for personality traits and values. 4 Business Ideas That Changed the World is a special series from HBR IdeaCast. Each week, an HBR editor talks to world-class scholars and experts on the most influential ideas of HBR’s first 100 years, such as disruptive innovation, shareholder value, and scientific management. Discussing emotional intelligence with HBR executive editor Alison Beard are: Daniel Goleman, psychologist and author of Emotional Intelligence Susan David, psychologist at Harvard Medical School and author of Emotional Agility Andy Parks, management professor at Central Washington University Further reading: HBR: Leading by Feel, with Daniel Goleman New Yorker: The Repressive Politics of Emotional Intelligence, by Merve Emre HBR: Emotional Agility, by Susan David and Christina Congleton Book: Emotional Intelligence, by Daniel Goleman

By hosting the podcasts How I Built This and Wisdom from the Top, Guy Raz has won an inside look at how visionary leaders build their own careers and incredible companies. While many leaders have unique qualities that help them succeed, he has identified three behaviors that consistently rise to the surface. These leaders create a culture of collaboration. They encourage risk-taking. And they allow for failure. Raz shares stories of leaders of everything from Starbucks to Proctor & Gamble.

Reid Hoffman is one of the most prominent and recognizable voices in Silicon Valley, and after predicting some of the biggest trends that have shaped our world in the last 25 years, he is sharing his thoughts on the future of artificial intelligence. In this interview with HBR Editor in Chief Adi Ignatius, Hoffman shares his approach to managing technological change and innovation, explains why he thinks generative AI won't destroy jobs, and imagines how these new tools will transform our world. Spoiler: It's all about managing technological change and innovation the right way. Previously, Hoffman founded or co-founded PayPal, Inflection AI, and LinkedIn, where he served as CEO and is now its executive chairman. He’s also an active early-stage investor at Greylock Partners, host of the Masters of Scale and Possible podcasts, and author of the forthcoming book Superagency.

With more than $7 billion in annual revenue and 24,000 employees, SAIC provides engineering, digital, AI, and mission support to defense, space, intelligence, and civilian customers. CEO Toni Townes-Whitley took the helm a year ago, after stints as a senior executive at Microsoft, CGI Federal, and Unisys. She discusses her approach to strategic transformation at SAIC through fine tuning and employee upskilling, rather than wholesale change. She also shares how the company is incorporating cutting edge technologies, like generative AI, with appropriate safeguards for government clients.

Anders was named to St. Louis Small Business Monthly’s list of Best Accounting Firms for 2021. The Best Accounting Firms were nominated by St. Louis area businesses and voted to have the top accountants in St. Louis as part of Small Business Monthly’s Best in Business awards. The 2021 Best Accounting Firms will be recognized...

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For many business owners, obtaining a business valuation could be a new endeavor. Once you have made the determination that your business needs to be valued, it’s time to become more familiar with the business valuation process. As the first blog post in a series about the basics of business valuations, below we discuss the...

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We all know that the past year has driven innovation throughout the economy. As business conditions shifted in early 2020, innovators across the globe were forced to use any means to keep their organization open. The digital transformation we have seen in our society over the past year is not going away anytime soon, so it’s important for leaders and visionaries...

The post 10 Ways to Automate Business Processes Using a Tool You Already Have: Microsoft Power Platform appeared first on Anders CPA.

Information regarding the current use of combustible and smokeless tobacco in the United States.

There is undeniable potential in generative AI and large language models, but these tools alone come with significant gaps and challenges. AI often needs additional technologies to create guardrails around data security and response accuracy.

AI adoption as a whole is very fragmented depending on the organization, depending on the market business vertical. The real game changer of AI is embedding into those deeper systems of operations, not just surface level use cases of generate a blog, generate news. AI should be evolving with your organization, your culture, and your appetite for risk. That's where Workgrid certainly comes in. Workgrid's platform is built to meet you wherever you happen to be on that journey.

Visa has recognized digital creators as small businesses, offering them tailored financial tools and real-time payment solutions to support their growth in the digital economy.

Sometimes, data loss just happens. When it does, here are some free data recovery tools that could help you get back your lost data.

Business owners are always keen to find ways to expand their business and improve productivity. Here are online business courses to make this possible.

The NFIB reports a rise in small business optimism in October, though challenges like inflation, hiring difficulties, and low sales persist.

Here are some resources and platforms you can start outsourcing by providing business travel services to optimize your business operations.

A New York appellate court ruled that a dispute between former newspaper delivery persons and the successor-in-interest to the newspaper for alleged sexual abuse should not have been referred to…

Federal workplace safety inspectors fined a grain operator in Nebraska $536,965 for exposing workers to fire and explosion risks by allowing combustible dust to accumulate. U.S. Occupational Safety and Health Administration…

California employers could deny an injured worker’s request for time off to get medical treatment for business necessity, under a recently amended bill. Sen. John Laird, D-Santa Cruz, on Monday amended…

A trial court did not abuse its discretion when it reviewed new medical reports finding that a man was unable to return to work and in ordering San Francisco’s retirement system to…

Two senators in Connecticut announced plans to introduce legislation that would treat substance abuse as an occupational hazard. “If a worker is injured on the job, they receive treatment, but if…

The Hartford Courant on Thursday reported that the New York State Workers’ Compensation Board alleges a congressional candidate from Connecticut owes $52,102 in fines and penalties for allegedly operating a…

A man who allegedly started a metal fabrication shop just weeks after suffering a workplace injury was charged with felony theft for allegedly stealing about $340,000 in indemnity benefits, the…

"Work Comp Matters" - the central location for all your workers' compensation, employment and labor law matters. Steve Appell hosts this weekly podcast from sunny southern California - presenting some…

"Work Comp Matters" - the central location for all your workers' compensation, employment and labor law matters. Steve Appell hosts this weekly podcast from sunny southern California - presenting some…

This week Steve, Robert & Mike discuss George Herbert Walker Bush, Self Driving Cars and all the other News of the Week. Steve discusses his lunch meeting with President &…

A trial court did not abuse its discretion by denying a post-dismissal motion for sanctions without first holding a hearing, an Ohio appellate court ruled. Michael Shields worked as a mechanic…

The Ohio Bureau of Workers’ Compensation announced that the owner of an electrical service company pleaded guilty to workers’ compensation fraud and has paid restitution of nearly $16,000. BWC’s Special Investigations Department received…

The Arizona Court of Appeals ruled that an administrative law judge committed an abuse of discretion in denying a worker’s request for relief from the dismissal of her hearing due…

DALLAS, 9 de septiembre de 2024 — Si bien el derrame cerebral es la quinta causa principal de muerte en los Estados Unidos, afecta desproporcionadamente a los hispanos. Es la tercera principal causa de muerte entre las mujeres hispanas y la cuarta ...

Running a business is widely recognized as challenging, with the average startup lasting only about five years. While starting a business might seem straightforward, maintaining it proves to be the true test, a reality faced even by large multinational corporations.   Consider this: nearly 90%...

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As businesses adopt digital to be more efficient, stay ahead of the curve and meet changing demands, their IT teams are faced with the growing challenge of supporting the software infrastructure. Due to the high costs of employing software developers and the scarcity of capable programmers, the pressure on IT teams has become enormous. As...

The post What is the Future of Citizen Development in Modern Businesses? appeared first on noupe.

If you have a profitable side hustle, you’ve probably considered taking your business full-time. However, before you take the leap and transition to life as a full-time entrepreneur, there are a few things you should do. Some tasks are simple, like opening a business bank account and setting concrete goals. Others, like building a professional...

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About 3 years back we as a Web Design and Development Company, decided to chose WordPress as the only platform we will develop blog/websites on. The progress since then proves that our decision was right. Some of the achievements of WordPress as underlined by Matt in the recent Wordcamp in San Francisco and what it […]

Are you prepared with the financial risk management strategies that can keep your business steady […]

Whether you’re a brand-new startup or a small business trying to scale, you will need nerves of steel when you are dealing with a laundry list of concerns that are not always straightforward to solve. The best solutions are sometimes a bit unorthodox, which, of course, makes them ideal for those who not only want […]

The post Overcoming the Biggest Challenges Facing Growing Businesses appeared first on Designer Daily: graphic and web design blog.

So, you’ve got your business website up and running, but it feels like it’s missing a little something. Maybe the speed isn’t quite there, or you need more features to really enhance user experience.  Sounds familiar? Don’t worry—plugins can help with that. Plugins are like the extra tools you didn’t know you needed. They boost […]

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Payam Zamani’s journey from refugee to tech mogul is a masterclass in resilience and innovation for creators and entrepreneurs. At 16, Payam fled religious persecution in Iran, arriving in the U.S. with just $75 in his pocket. Within 11 years, he had founded AutoWeb, a company he would later take public for over a billion dollars. His story is not just about success against the odds, but about transforming challenges into catalysts for growth and innovation.For creators and entrepreneurs in their 30s and 40s, Payam’s experiences offer valuable insights on how to leverage adversity. Here are seven ways you can turn challenges into your greatest business assets: 1. Embrace Difficult Journeys as Opportunities for Growth Payam’s harrowing escape from Iran taught him to view challenges as opportunities rather than obstacles. In business, this mindset can help you navigate market volatility and emerge stronger from crises. Action Step: When faced with a setback, ask yourself, “What can I learn from this? How can this experience make me and my business stronger?” 2. Cultivate Hope as a Driving Force Despite facing extreme adversity, Payam maintained hope for a better future. This hope became a powerful motivator, driving him to pursue opportunities and...

The post 7 Ways to Turn Adversity into Your Greatest Business Asset first appeared on Chase Jarvis.

The post 7 Ways to Turn Adversity into Your Greatest Business Asset appeared first on Chase Jarvis.

In today’s fast-paced digital marketplace, the way customers experience your product can make or break your business. But what exactly is Product Experience Management, and why is it so crucial for your business’s success? Let’s explore this essential aspect of [...]

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The post What is Product Experience Management & Why Is It Crucial for Your Business? first appeared on CSS Reset.

When a Temporary Skill Shortage (TSS) visa (subclass 482) is granted by the Department of Home Affairs it come with a mandatory condition, Condition 8107. This condition governs the visa holder’s employment arrangements and ensures that they adhere to the requirements of the visa. While holding a TSS visa the individuals work rights were generally […]

The post If my business sponsors an overseas worker on a Temporary Skill Shortage (482) visa, can they work for another employer? appeared first on Australian Visa Experts.

Which ecommerce business model is best for your idea? Long-term and short-term strategies for operations, profits, and a successful launch.

Planning a new online business? Conduct a competitive analysis to understand your market, beat your rivals, and position your brand for success.

Business scaling is setting the stage to support growth in your company. In other words, it means investing in cutting-edge technology, hiring top talent, and executing effective marketing campaigns to successfully grow your business. And while business owners often wish to achieve success overnight, scaling requires a long-term, sustainable strategy.  Scaling a business is often […]

As a small business proprietor, you must establish connections with local patrons, integrate into the community, and differentiate yourself from your rivals. However, understanding how to market your business locally requires clever marketing techniques. Given the limited pool of potential customers in your vicinity, prioritizing local marketing endeavors is essential, especially when considering that your […]