Culture
Uncommon Sense: How to Turn Distinctive Beliefs Into Action
A company’s beliefs are often the most critical source of differentiation.
A company’s beliefs are often the most critical source of differentiation.
It’s not easy to build a strong culture worldwide. “Cultural hubs” beyond headquarters can help.
Societal consequences give power to formal sanctions.
As companies use self-service technologies, responsibility for service quality shifts to customers.
Effective philanthropy must be run as professionally as the core business.
A study reveals how rating agencies weigh governance factors.
Fear is a four-letter word in companies today, but CEOs” rhetoric of “love”
For managers, the challenge of understanding nonmarket forces — government, interest groups, activists, and the public — is frequently more difficult than understanding the market environment. The author develops a strategy system of principles, frameworks, and action plans to deal with the issues, in-stitutions, interests, and information that characterize the nonmarket environment. He uses the concept of a rent chain, analogous to the value chain, to show how com-panies can participate in policy-setting processes and generate leverage to their own benefit.