article thumbnail

JP Morgan's Loss: Bigger than "Risk Management"

Harvard Business Review

As Gentry Lee, chief systems engineer at NASA's Jet Propulsion Laboratory, describes it: "Risk mitigation is painful; not a natural event for humans to perform.". Quite the opposite; it should actually enable organizations to engage in daring, innovative strategies that promise high expected returns. MORE ON MANAGING RISKY BEHAVIORS.

article thumbnail

The Future Is Scary. Creative Thinking Can Help.

Harvard Business Review

After years of fantastic innovations that helped bring the automobile to the masses, Ford fell prey to the “anchoring” bias that leads people to make (or fail to make) new decisions by referencing their prior experiences. But in order to enter a new era of growth, Google leaders needed to perceive their company differently.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Viral By Design: Teams in the Networked World

Harvard Business Review

They are the fuel in the engine of the networked world. Now you can line them all up, from social media, consumer insights, competitive intelligence, marketplace measurement, sales, and distribution. Rapid Innovation/Move-to-Market Cycles. The Invisible Children and the OMGPOP teams each achieved it. Don't be the last.

Team 13
article thumbnail

American Competitiveness Demands Immigration Reform

Harvard Business Review

A strong and growing body of research shows that diversity on teams — especially at the leadership and decision-making levels — drives greater marketplace innovation and profitability. Much of the insight and global perspective American companies need to be competitive can be found on U.S. college campuses.