| | | | | | | | | | November 6, 2009 | The latest posts from HarvardBusiness.org | | |  | | | | Flexibility and Persistence: Getting the Balance Right | | | Anthony K. Tjan — November 5, 2009 | 8:00 AM ET — The latest in a series of interviews with entrepreneurs about what pursuing opportunity really requires. Bill Trenchard is former CEO and Chairman of LiveOps (where he remains a board member) and is a highly successful venture investor and advisor. He focuses on hard results and the practical issues of rolling out a product and making money with a venture. Bill's sophistication lies in his lack of complication and the humility with which he approaches his... CONTINUE READING | | |  | | | A More Practical Creative Sabbatical | | | Gina Trapani — November 5, 2009 | 8:15 AM ET — A couple weeks ago I wrote a post on creative sabbaticals. It featured Stefan Sagmeister, a design studio owner who takes a year off from client work every seven years to boost his creativity. Readers reacted strongly, polarized into two camps: The "I wish!" folks, for whom a sabbatical seems like a distant dream, and the "Yes! This works!" people, who have found ways to work "micro-sabbaticals" into their everyday lives. This week we're going... CONTINUE READING | | | | | | Is Listening an Endangered Skill? | | | Bronwyn Fryer — November 5, 2009 | 8:30 AM ET — Is listening important? "Yes, of course," you say. But then why would anyone pay thousands of dollars to hear someone speak, and then not listen? I recently attended the PopTech conference in Camden, Maine, a mind-bending affair attended by several hundred idea junkies, each of whom paid several thousand dollars to (ostensibly) hear what really smart people like Daniel Goleman, Dan Ariely, and Michael Pollan had to say. Yet as I stood up to stretch... CONTINUE READING | | | | | | Use Humility to Improve Performance | | | John Baldoni — November 5, 2009 | 9:43 AM ET — I've written before about the importance of humility as a leadership trait. But, as was recently pointed out to me, humility is an important trait in employees, too. When people act humbly, they are acknowledging their limitations and accepting that they cannot go it alone. This mindset is valuable to a team because it serves as an invitation for others to help. Humility, however, is not an excuse for slacking. It also means having the... CONTINUE READING | | | | | | How to Price US Citizenship | | | John Quelch — November 5, 2009 | 3:51 PM ET — In the for-profit sector, there are three basic ways to price a product: The cost plus profit margin method; benchmarking versus competition; and pricing based on customer value. But how should we think about pricing in the public sector? Let's take an unusual example: the price of US citizenship. Legal immigrants to the US who are resident for five years (or three years for those who marry a US citizen) can apply for US citizenship.... CONTINUE READING | | | | | | Women of the Workplace, Uniting | | | Sylvia Ann Hewlett — November 5, 2009 | 4:03 PM ET — Between waves of layoffs and evaporating job opportunities, we're in a climate that naturally breeds an every-woman-for-herself mentality. A recent study by the Workplace Bullying Institute found that female bullies were alive — and, more than 70 percent of the time, kicking other women. But I've also seen companies encouraging their smart women to help their women colleagues in ways that are more than just heartening. In fact, I'm convinced they're part of a new... CONTINUE READING | | | | | | Polycentric Innovation: The New Global Innovation Agenda for MNCs | | | Navi Radjou — November 5, 2009 | 4:30 PM ET — Recently I delivered a talk a the Council on Foreign Relations titled "Managing the New Trajectory of Global Innovation" explaining why and how multinationals must revamp their Western-centric innovation strategy in order to effectively leverage global ideas, talent, and markets. In our increasingly multi-polar world characterized by the inexorable rise of emerging markets like Brazil, China, and India, I believe multinationals (MNCs) must abandon their ethnocentric innovation model — which concentrated all their R&D resources... CONTINUE READING | | | | | | Washington Must Help the U.S. Regain the Lead in Manufacturing | | | Deborah L. Wince-Smith — November 5, 2009 | 4:41 PM ET — The federal government can and should play a much bigger role in helping American companies regain the lead in manufacturing. We need to invest a commensurate amount of federal R&D dollars in advanced manufacturing technologies as we do in other areas of science, technology, and engineering. The last administration created an assistant secretary for manufacturing in the Commerce Department, but that position really didn't come with any significant resources, and that's still true. There is... CONTINUE READING | | | | | | When Should You Let an Employee Make a Mistake? | | | Peter Bregman — November 5, 2009 | 6:43 PM ET — "Put my training wheels back on," Sophia said in a stern tone, "Or I'm not going to ride my bike!" She had just turned four that day and wanted to learn to ride a bike like her older sister. Now she wasn't so sure. After a lot of encouraging and a little stubbornness of my own, she was willing to try. We agreed to practice 15 minutes a day until she got it. A couple... 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