An increasing number of CEOs are nowadays taking public stances on sociopolitical issues. The authenticity of these CEO sociopolitical communications or “CEO activism,” however, cannot be taken for granted. Even purportedly socially conscious companies sometimes take actions inconsistent with their … Continue reading Too Woke to be True? How Wokewashing Undermines the Credibility of CEO Sociopolitical Communications
By J Katherine Bahr Decades of research and real-world examples show that when we protest, boycott, or sue a company for its questionable actions, its competitors will take note and change their ways. These actions have worked in everything from arms … Continue reading How do Companies Respond When a Competitor Gets Sued for Bad Behavior?
By Sarah Steimer In 2022, there were 5 million new business applications, a 42% increase from 2019, according to payroll software company Gusto. But new research published in Strategic Management Journal suggests that if these new ventures are in the … Continue reading A Spinout’s Biggest Competitor May Be the Parent Company, Not Other Entrepreneurs
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
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