article thumbnail

How to Compete Like the World’s Most Innovative Leaders

Skip Prichard

1] He also worked hard to build his social capital with other talented inventors, but also with wealthy families and financiers like J. Human capital: who you are as a leader of innovation . Social capital: who you know with key expertise and resources. Morgan, the Vanderbilts, and the Rockefellers.

article thumbnail

Don’t Write Off the (Western) Focused Firm Yet

Harvard Business Review

In his article “ Why Conglomerates Thrive (Outside the U.S.) ” in the December 2013 issue of the Harvard Business Review , J. The rise of Tata in India, Koç Holding in Turkey, and Grupo Carso in Mexico have some management thinkers contending that the conglomerate is back at the expense of the focused firm. in the U.S.,

article thumbnail

People Are Angry About Globalization. Here’s What to Do About It.

Harvard Business Review

executives feel that they do not generally seem to have the kind of social capital that would cushion against a big sociopolitical backlash. A 2013 Pew Research survey found that business executives ranked ninth out of 10 professions in terms of social contribution, only placing ahead of lawyers. Perhaps U.S.