Hasso Platter co-founded SAP. For the past two decades he has been involved in trying to adopt the SAP to area of internet and cheap clout computing. When asked whether it is harder to set up a new company or to steer an existing company in a new direction, he does not hesitate with his… More »
My Notes — Management
The Three Rules: How Exceptional Companies Think
In their new book, The Three Rules: How Exceptional Companies Think, Michael E. Raynor and Mumtaz Ahmed carefully identified from all publicly listed American firms those firms that performed very highly over long periods of time. When they tried to find out what they had in common, they could not identify concrete behavior. What made… More »
Scaffolding in Economics, Management, and the Design of Technologies
This chapter reviews the ideas that have been developed to describe the emergence and change of structures in three fields: Economics, Management, and Design of Technologies. The chapter focuses on one empirical setting, the economy, and more specifically how firms, industries, and technologies change over time. Today’s industrialized economies are very different from the economies… More »
Honoring the late Steve Klepper
Steve Klepper, who has been an inspiration to so many of us, recently passed away. At the 20th anniversary of the CCC colloquium, we honored Steve Klepper. The video captures very nicely how much Steve touched an entire generation of doctoral students working on the intersection of industry evolution and technological innovation.
David Gonski on Leadership
Gonski is a towering figure of Australian life. But his ideas of leadership apply everywhere in the Western world. To appreciate a bit more Gonski’s words, read this profile on him.
10 Management insights courtesy of Carol Tice
Carol Tice summarized the 10 lessons in recent management books. 1. Instead of hiring people with fancy resumes, hire people who fit your culture and are teachable. 2. Build a strong brand and don't change it. 3. Focus all your products on the consumer by studying and listening to customers and innovating accordingly. 4. Appoint… More »
Different skills are crucial for managing corporations, non-for-profits and government organizations
People who have had very successful careers in corporations frequently underestimate how much they have to change their style to be effective in academic and other non-for-profit sectors. Here is a illumnating quote from Donna Shillalah who was quite effective in the government sector but found academia much more challenging. “Everybody thinks university presidents are… More »
Lack of Replication in Management Studies
Tim Devinney and Donald Siegel write in their recent editorial of the Academy of Management Perspective (Feb 2012, Vol. 26 Issue 1, p 6-11): Hubbard and Vetter (1996) estimated that fewer than 5% of management studies are subject to any published form of replication, and when this occurs it invariably refutes the initial research. (p.7)… More »
Reflections on the 30th Anniversary of Nelson & Winter (1982)
The 9th Atlanta Competitive Advantage Conference had a panel to celebrate the publication of Nelson and Winter's 1982 landmark book. The panel included Sid Winter, Connie Helfat, L.G.Thomas III, and myself. As part of my reflections, I offered a citation analysis to demonstrate the influence of the book with data. I went on to explain… More »
