Harvard Business Review

OCTOBER 17, 2012

If your company or country is in a good situation, then your normal processes are working and you're usually better off not taking the risk. If you're Apple trying to replace Steve Jobs, for example, you know you're already one of the most successful companies in the world. You can never know for sure what you're going to get.

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Company Champy Merton Leadership 14

Harvard Business Review

JANUARY 27, 2014

Chance plays a much greater role in our careers than we might wish or even realize. But the downside — the thought of our careers as the playthings of fate — is almost unbearable. If you imagine a game of “career roulette,” you end up a starving artist 99 times for every time you end up a rockstar.

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Career Planning Kahneman Uncertainty 8

Harvard Business Review

JUNE 9, 2011

Compared with my colleague, I had accomplished so little over such a long career; my two measly books were more like an embarrassment, given his output. Robert Merton was 46 when he won the award. Merton had the office on the other side of my office. You see the problem.

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Merton Black-Scholes Welch Organizational Behavior 15

Harvard Business Review

SEPTEMBER 29, 2014

Ask them if they apply much else from else from economics in their actual business careers, and you’re likely to hear “not much.”. and other governments to help them design these often complicated auctions and by telecommunications companies trying to figure out the best strategies for bidding. Here a few notable examples.

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Strategy Black-Scholes Airlines Price 12

Harvard Business Review

FEBRUARY 3, 2011

I was thinking about that story by Thomas Merton during a recent board meeting. Early on in our careers, we might speak up without concern or context. Her book, The New How , discussing collaborative ways to have your whole company strategize, was published in 2010. But it's a skill worth pursuing.

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Merton Groupthink CFO Cost 15