Governing crowdsourcing for unconstrained innovation problems
By Michael A. Zaggl, Arvind Malhotra, Oliver Alexy, Ann Majchrzak Crowdsourcing is a popular innovation method for problem-solving. To use crowdsourcing successfully, firms often constrain their problems by narrowing the problem formulation and thus pre-specifying the problem. The constraining sets a focus for the crowd’s … Continue reading Governing crowdsourcing for unconstrained innovation problems
The Impact of Populism on Multinational Corporations’ Investment Decisions
A stable economic and political environment is necessary for firms to feel secure while making long-term investment decisions, such as those related to investing in foreign countries (also known as foreign direct investment or FDI). Any threat to change legislative … Continue reading The Impact of Populism on Multinational Corporations’ Investment Decisions
Powerful Board Allies are a CEO’s Best Weapon
By Lana Bandy If we’ve learned anything from HBO’s smash hit Succession over the last four years, it’s that, as the authors of a new Strategic Management Journal article state, “Even the most powerful individuals do not work alone.” Given … Continue reading Powerful Board Allies are a CEO’s Best Weapon
How a Business’s Founding Conditions Affect Its Success
By J Katherine Bahr Markets in every sector from agriculture to finance experienced major periods of change over the last four decades. Understanding industry norms and trends has long been held as the secret to success for budding entrepreneurs, but an … Continue reading How a Business’s Founding Conditions Affect Its Success
Blinding Idea Evaluation? New Experiment Reveals Little Bias in the Innovation Process
Innovation and implementation of new ideas can directly influence organizational outcomes. Thus, organizations often dedicate significant time to the assessment of countless new ideas through myriad idea evaluation systems. However, the evaluation process is often distorted by various biases arising … Continue reading Blinding Idea Evaluation? New Experiment Reveals Little Bias in the Innovation Process