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Subject(s)
Entrepreneurship; Technology, R&D management
Keyword(s)
indirect effects, innovation, mergers and acquisitions (M&A), research and development (R&D), startups, tax credits
JEL Code(s)
G00, G34, H24, M13, O31
Pages
32
Subject(s)
Human resources management/organizational behavior
Keyword(s)
human resource management, career shocks, executive coaching
This case is a set of five vignettes describing career shocks experienced by managers. The stories behind the vignettes were presented by respective protagonists to an executive coach immediately after experiencing a career shock. They can be used for discussion of the topic of career shocks or as exercises in executive coaching or career counseling.
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Subject(s)
Management sciences, decision sciences and quantitative methods
Keyword(s)
congestion, diagnostic accuracy, experiments, partially observable markov decision process, path-dependent decision making, undertesting, task completion bias
To study the effect of congestion on the fundamental trade-off between diagnostic accuracy and speed, we empirically test the predictions of a formal sequential testing model in a setting where the gathering of additional information can improve diagnostic accuracy, but may also take time and increase congestion as a result. The efficient management of such systems requires a careful balance of congestion-sensitive stopping rules. These include diagnoses made based on very little or no diagnostic information, and the stopping of diagnostic processes while waiting for information. We test these rules under controlled laboratory conditions, and link the observed biases to system dynamics and performance. Our data shows that decision makers (DMs) stop diagnostic processes too quickly at low congestion levels where information acquisition is relatively cheap. But they fail to stop quickly enough when increasing congestion requires the DM to diagnose without testing, or diagnose while waiting for test results. Essentially, DMs are insufficiently sensitive to congestion. As a result of these behavioral patterns, DMs manage the system with both lower-than-optimal diagnostic accuracy and higher-than-optimal congestion cost, underperforming on both sides of the accuracy/speed trade-off.
© 2023, INFORMS
Volume
71
Journal Pages
791–1020
Subject(s)
Economics, politics and business environment
Keyword(s)
Credit card demand reactions to fees, late fee regulation, limited attention
JEL Code(s)
D12, D90, G50
We introduce a model of a rational credit card user's rather complex usage choices and develop an empirical framework to test its predictions. Employing a large national database of U.S. card accounts, we estimate how prices impact card usage and find that price effects are mostly well explained within our model. An exception is less borrowing in response to declining late-fees among low credit-score (subprime) users. Extension of our model based on "focusing theory" predicts this behavior. It also implies substantial indirect benefits of the CARD Act's late-fee cap due to subprime users re-focusing toward reducing their debt.
Volume
63
Journal Pages
273–311
Subject(s)
Human resources management/organizational behavior
Keyword(s)
executive coaching, accelerated development, explicit and implicit knowledge, talent management, coaching notes, coaching process
JEL Code(s)
M12
Secondary Title
Smart talent management. Managing people as knowledge assets
Edition
2nd ed.,
Subject(s)
Human resources management/organizational behavior
Keyword(s)
executive education, training design, training impact, learning, behavioral change
JEL Code(s)
M12, M53
What defines success in executive education? Satisfied participants? Great scores on a post-training quiz? Participants using what they learned back on the job to influence important organizational metrics and KPIs? The article examines the case for taking a more results orientated approach to training design and evaluation for executive level education. Using the example of a TRATON executive education program, it sheds light on how to define a successful return via an impact map and how to shift from an event to a journey paradigm by combining a learning, a behavioral change, and a support layer.
View the book “Grasselli, N. (Ed.) (2023). The future of executive education. Learning leadership in a digital age” here.
Secondary Title
The future of executive education. Learning leadership in a digital age
Pages
7–20
ISBN
978-3-00-074213-2
ISBN (Online)
978-3-00-074214-9
Subject(s)
Human resources management/organizational behavior
Keyword(s)
leadership development, individualized learning, transformation through learning and development, executive education, learning journey, personalized, individual development, curated learning, on the job development
JEL Code(s)
M12, M53
An increased focus on co-creation in program design seeks to better meet the needs of the modern knowledge worker—setting a new standard for leadership development
View the book “Grasselli, N. (Ed.) (2023). The future of executive education. Learning leadership in a digital age” here.
Secondary Title
The future of executive education. Learning leadership in a digital age
Pages
21–30
ISBN
978-3-00-074213-2
ISBN (Online)
978-3-00-074214-9
Subject(s)
Human resources management/organizational behavior
Keyword(s)
digital transformation, leadership, strategy, executive education
JEL Code(s)
M12, M53
What are the skills needed to lead a digital transformation today & how can leaders avoid digital transformation traps? This chapter brings forward an actionable route to making digital transformation work.
View the book “Grasselli, N. (Ed.) (2023). The future of executive education. Learning leadership in a digital age” here.
Secondary Title
The future of executive education. Learning leadership in a digital age
Pages
53–62
ISBN
978-3-00-074213-2
ISBN (Online)
978-3-00-074214-9
Subject(s)
Human resources management/organizational behavior
Keyword(s)
leadership, global virtual teams, remote work, virtual communication
JEL Code(s)
M12, M53
Why we cry at movies and what Hollywood can teach us about transferring our skills from the stage to the camera”. Tips for effective virtual communication in the “new normal” by using the ABC of virtual emotional intelligence:
A: Authorize emotion;
B: Be aware of the tacit;
C: Care and be compassionate.
A: Authorize emotion;
B: Be aware of the tacit;
C: Care and be compassionate.
View the book “Grasselli, N. (Ed.) (2023). The future of executive education. Learning leadership in a digital age” here.
Secondary Title
The future of executive education. Learning leadership in a digital age
Pages
63–76
ISBN
978-3-00-074213-2
ISBN (Online)
978-3-00-074214-9
Subject(s)
Human resources management/organizational behavior
Keyword(s)
participant involvement, executive education, sharing accountability in the classroom, co-creation and co-development
JEL Code(s)
M12, M53
How to achieve ownership among program participants and their sponsors – and why doing so can lead to better program outcomes.
View the book “Grasselli, N. (Ed.) (2023). The future of executive education. Learning leadership in a digital age” here.
Secondary Title
The future of executive education. Learning leadership in a digital age
Pages
77–87
ISBN
978-3-00-074213-2
ISBN (Online)
978-3-00-074214-9