Remove 2014 Remove Construction Remove Diversity Remove Finance
article thumbnail

To Innovate, Think Like a 19th-Century Barn Raiser

Harvard Business Review

At 7 AM on May 13, 2014, a group of Amish community members gathered on a construction site in rural Ohio. Ask people who have participated in the platform, and they will tell you that the community they built in the process of Kickstarting turned out to be more valuable than the financing they received.

article thumbnail

Research: Could Machine Learning Help Companies Select Better Board Directors?

Harvard Business Review

Because a CEO often effectively controls the director selection process, he will tend to choose directors who are unlikely to oppose him, and who are unlikely to provide the diverse perspectives necessary to maximize firm value. We assume that these individuals would have been attracted to a directorship at a larger, neighboring company.