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Stop Trying to Delight Your Customers
Customer experience Magazine ArticleTo really win their loyalty, forget the bells and whistles and just solve their problems. -
Shrinking Fast and Smart in the Defense Industry
Government Magazine ArticleAuthor’s note: Alistair Hanna, Michael Reopel, and Stuart Flack, all of McKinsey & Company, contributed to this article. The U.S. defense industry is struggling to reorganize itself for growth, if not for survival. The disappearance of the communist threat and the desperate need to revive the U.S. economy have taken the defense industry for a […] -
A Blueprint for Financial Reconstruction
Government policy and regulation Magazine ArticleAmerica’s banking crisis presents choices both perilous and promising. Perilous, because the failure to act intelligently will lead to the most serious economic collapse since the Great Depression. As much as 25% of the U.S. banking system—representing assets of more than $750 billion—has begun to post such massive loan losses that it must focus on […] -
Don’t Assume the Shoe Fits
Corporate social responsibility Magazine ArticleMost businesspeople will serve on the board of a nonprofit organization at some point. But the governance of nonprofits can differ dramatically from the governance of businesses. Even the best intentions can prove disastrous when new board members fail to understand that their traditional business experience can carry them only so far. -
Crucible: Forced to Shut Down
Crisis management Magazine ArticleWhat a Chinese travel entrepreneur learned from the SARS crisis and its aftermath -
The Staying Power of the Public Corporation
Finance and investing Magazine ArticleReports of the “eclipse of the public corporation” underestimate its institutional staying power and unique capacity for renewal. In his recent HBR article, Michael C. Jensen, a distinguished scholar of corporate finance and governance, argues for a revolution in the structure of ownership and control in the U.S. economy.1 I share many of his criticisms […] -
Who Is Them?
Global strategy Magazine Article“We” are seated at a negotiating table. “They” are seated across from us. The outcome of these talks will shape America’s future competitiveness and economic well-being. But “us” is not necessarily companies based in the United States. “Them” is not foreign nations. Rather, us is the people—most prominently, the work force—of the United States. And […] -
Effective Public Management
Strategic planning Magazine ArticlePolitical scientists, legislators, educators, business executives, lawyers, consumerists—practically everyone, it sometimes seems—is calling for better public management. For businessmen, the need is especially important because they feel surrounded by government institutions with which they are legally required to interact. But enthusiasm for good government is one thing; understanding the nature of it, to say nothing […] -
Pioneering entrepreneur Yoshiko Shinohara on turning temporary work into big business in Japan
Gender Magazine ArticleAt age 74, Yoshiko Shinohara is a towering figure in Japanese business. She has created a wealth of job opportunities, including many for women, by founding the temporary-staffing agency Tempstaff and lobbying to strike down laws that stifled the temp industry. Tempstaff now has approximately 3,300 employees and is a public company. For the past […] -
The Shakedown
Government policy and regulation Magazine ArticleA young American businessman in a developing country discovers that nothing gets done unless palms are greased. Should he play the game by his personal ethics—or the local rules? -
The Quality Improvement Customers Didn’t Want
Supply chain management Magazine ArticleA high-tech reception system will make life easier for Quality Care’s staff, but what about its customers? -
Can Patients Drive the Future of Health Care?
IT management Magazine ArticlePatients are becoming more demanding consumers. But the medical industry isn’t just another business. -
British Privatization—Taking Capitalism to the People
Economics Magazine ArticleThe worldwide collapse of state socialism has created a new inevitability—the rise of free economic institutions. The question facing nations around the world is no longer whether to introduce or expand the practice of capitalism but only how to do it. While there is no blueprint for transforming a command economy into a free one, […] -
When Outsourcing Goes Awry
Negotiation strategies Magazine ArticleThe physicians enjoy working at Regional Medical Center. So why are they about to walk off the job? -
Can Nice Guys Finish First?
Organizational restructuring Magazine ArticleHBR’s fictionalized case studies present dilemmas faced by leaders in real companies and offer solutions from experts. This one is based on research by Jeffrey Pfeffer. Adam Baker had been bothered all day by the blunt message his boss and mentor, Merwyn Straus, had delivered to him on the phone that morning: Adam was not […] -
Eclipse of the Public Corporation
IPOs Magazine ArticleNew organizations are emerging in its place—organizations that are corporate in form but have no public shareholders and are not listed or traded on organized exchanges. These organizations use public and private debt, rather than public equity, as their major source of capital. Their primary owners are not households but large institutions and entrepreneurs that […] -
Second Thoughts On Going Public
Corporate governance Magazine ArticleWhether, when, and how to take a family or individually owned company public are decisions that have faced a great many entrepreneurs. They have taken actions that have brought happiness and fulfillment to some and unhappiness to others. Perhaps people who are presently reflecting on such dilemmas can draw some useful thoughts from a study […] -
The Unexpected Benefits of Sarbanes-Oxley
Finance and investing Magazine ArticleA few smart companies have stopped complaining about Sarbanes-Oxley, the investor-protection law, and turned it to their advantage—bringing operations under better control while driving down compliance costs. -
The Case of the Unhealthy Hospital
Decision making and problem solving Magazine ArticleBruce Reid, Blake Memorial Hospital’s new CEO, rubbed his eyes and looked again at the 1992 budget worksheet. The more he played with the figures, the more pessimistic he became. Blake Memorial’s financial health was not good; it suffered from rising costs, static revenue, and declining quality of care. When the board hired Reid six […] -
The Revitalization of Everything: The Law of the Microcosm
Entrepreneurship Magazine ArticleFrom Ronald Reagan’s White House to the centers of French socialism, from the speeches of Democratic liberals to the pages of Britain’s Economist, one assumption about U.S. technology has long held firm: a key American asset is the startup culture of Silicon Valley and similar centers of entrepreneurship. In the late 1980s, however, the heralds […]
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Zhida: Blockchain Potential in Household Waste Recycling
Technology & Operations Case Study8.95View Details In 2020, the chief executive officer of Zhida Environmental Technology, a waste management company based in Nanjing, China, was considering adopting blockchain... -
Konecta: Strategic Transformations in a Digital Era
Management Case Study8.95View Details The case analyzes the evolution of the business model of the Spanish multinational Konecta, which, since its origin, was dedicated to providing Contact... -
Little Tokyo Service Center: "Welcome to Little Tokyo, Please Take Off Your Shoes"
Leadership & Managing People Case Study8.95View Details Little Tokyo Service Center (LTSC), a nonprofit founded in Los Angeles in 1979, has sought to honor tradition yet defend against gentrification and displacement... -
Proxima Servicios: Turning Subcontracting Into Supercontracting
Strategy & Execution Case Study8.95View Details Proxima Servicios is a company with a social orientation, recognized in 2017 among the 10% most sustainable B companies. It had the objective of improving... -
OrangeWerks: A Question of Ethics
Management Case Study8.95View Details OrangeWerks, an entrepreneurial company that creates software applications, is preparing to present to venture capital firms for its first major round... -
The Happy Turtle: Womanpreneur and Talent in a Circular Economy
Leadership & Managing People Case Study8.95View Details The Happy Turtle was a bootstrapped start-up in Delhi, India, that was focused on driving a circular economy for plastics. The company aimed to offer... -
Shakti Plastics: Enabling A Circular Plastics Value Chain
Management Case Study8.95View Details In February 2021, the managing director of The Shakti Plastics Industries (Shakti) was facing challenges related to the Indian government's announcement... -
Measuring Impact at the Los Angeles Cleantech Incubator
Innovation & Entrepreneurship Case Study8.95View Details In 2020, the Los Angeles Cleantech Incubator (LACI)'s CEO, Matt Petersen, announced a first-of-its-kind equity earnback program, by which incubated companies... -
Propais: Striving for the Future of Micro-Franchising in Colombia
Innovation & Entrepreneurship Case Study8.95View Details Propais is a non-profit organization founded in 1994 in Bogota by the public and private sectors and supported by 76 partner organizations. In October... -
MeCycle: A New Way to Recycle
Technology & Operations Case Study8.95View Details The recycling system was in desperate need of innovation in North America in 2020. The average person was generating 12 times their body weight in landfilled... -
Community Coalition: How One Organization Achieves Successful Leadership Succession
Leadership & Managing People Case Study8.95View Details Community Coalition believes its "people first" culture will transform social and economic conditions in South Los Angeles. This nonprofit trains young... -
Circulr: Creating Sustainable Value from an Empty Jar
Management Case Study8.95View Details Circulr was a start-up that provided a solution for consumer waste by collecting used packaging, washing it, and selling it back to the original brand...
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Stop Trying to Delight Your Customers
Customer experience Magazine ArticleTo really win their loyalty, forget the bells and whistles and just solve their problems. -
Zhida: Blockchain Potential in Household Waste Recycling
Technology & Operations Case Study8.95View Details In 2020, the chief executive officer of Zhida Environmental Technology, a waste management company based in Nanjing, China, was considering adopting blockchain... -
Shrinking Fast and Smart in the Defense Industry
Government Magazine ArticleAuthor’s note: Alistair Hanna, Michael Reopel, and Stuart Flack, all of McKinsey & Company, contributed to this article. The U.S. defense industry is struggling to reorganize itself for growth, if not for survival. The disappearance of the communist threat and the desperate need to revive the U.S. economy have taken the defense industry for a […] -
A Blueprint for Financial Reconstruction
Government policy and regulation Magazine ArticleAmerica’s banking crisis presents choices both perilous and promising. Perilous, because the failure to act intelligently will lead to the most serious economic collapse since the Great Depression. As much as 25% of the U.S. banking system—representing assets of more than $750 billion—has begun to post such massive loan losses that it must focus on […] -
Don’t Assume the Shoe Fits
Corporate social responsibility Magazine ArticleMost businesspeople will serve on the board of a nonprofit organization at some point. But the governance of nonprofits can differ dramatically from the governance of businesses. Even the best intentions can prove disastrous when new board members fail to understand that their traditional business experience can carry them only so far. -
Crucible: Forced to Shut Down
Crisis management Magazine ArticleWhat a Chinese travel entrepreneur learned from the SARS crisis and its aftermath -
Zhida: Blockchain Potential in Household Waste Recycling, Teaching Note
Technology & Operations Digital ArticleTeaching Note for Case W24882 -
Konecta: Strategic Transformations in a Digital Era
Management Case Study8.95View Details The case analyzes the evolution of the business model of the Spanish multinational Konecta, which, since its origin, was dedicated to providing Contact... -
The Staying Power of the Public Corporation
Finance and investing Magazine ArticleReports of the “eclipse of the public corporation” underestimate its institutional staying power and unique capacity for renewal. In his recent HBR article, Michael C. Jensen, a distinguished scholar of corporate finance and governance, argues for a revolution in the structure of ownership and control in the U.S. economy.1 I share many of his criticisms […] -
Who Is Them?
Global strategy Magazine Article“We” are seated at a negotiating table. “They” are seated across from us. The outcome of these talks will shape America’s future competitiveness and economic well-being. But “us” is not necessarily companies based in the United States. “Them” is not foreign nations. Rather, us is the people—most prominently, the work force—of the United States. And […]