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Dec 20 - Jan 3
To Our Readers:
Don't Mention It: How 'Undiscussables' Can Undermine an Organization
Recent high-profile scandals at Penn State, MF Global Holdings, Olympus and elsewhere raise questions about why organizations often fail to address significant internal problems that at best impede performance, and at worst could have devastating effects. In hindsight, especially to observers, it is clear what should have been done. But for employees, exposing such problems is more complicated than telling right from wrong, say experts at Wharton and elsewhere.
Law and Public Policy
(Videos with Transcripts)
China and the WTO: Looking Back, Looking Forward
Ten years after China joined the World Trade Organization (WTO), the country has become the world’s largest exporter and accounts for some 10% of global trade. The International Monetary Fund predicts that by 2016, China will overtake the U.S. to become the world’s largest economy. How did membership in the WTO help transform China? What will the next decade mean for China and its trading partners? To discuss these questions and others, Knowledge@Wharton spoke with Wharton management professors Marshall Meyer and Mauro Guillen and finance professor Franklin Allen. Their insights appear in this special report, produced in collaboration with Beijing Review magazine.
Innovation and Entrepreneurship
Research Roundup: Improving Intelligence Forecasts, Vertically Integrated Health Care, and 'Worrisome' Health Care Costs
How can intelligence agencies improve accountability and forecasting accuracy? Can hospitals become more efficient through vertical integration with home health agencies and nursing homes? Do taxpayers fully understand how the expansion of health care will be financed? Wharton professors Philip Tetlock and Barbara Mellers; Guy David and Evan Rawley; and Mark Pauly, respectively, examine these issues -- and what they mean for business -- in recent research articles.
The Microsoft Effect: Will Google Become What It Fears?
Former Apple CEO Steve Jobs once warned Google co-founder Larry Page that the search giant was dangerously close to becoming another Microsoft -- that is, a company spreading itself too thin by trying to do everything. In recent years, Google has grown from being simply a search engine to having a hand in a range of sectors, an expansion that some worry will make it more difficult for innovative ideas to come to the surface. How can Google avoid some of the missteps made by Microsoft during its rapid expansion? And what can it learn from Microsoft's successes?
Innovation and Entrepreneurship
Procter & Gamble: Mastering the Art of the Innovation Tournament
When Procter & Gamble embarked on a plan to power 30% of its energy needs with renewable sources by 2020 -- the first goal in a longer process -- the company decided to hold an innovation tournament. While not a new idea, innovation tournaments are hard to execute well. P&G managed the process by opening it up to a broad circle of participants, both inside and outside the company, and making sure there was "no predetermined list of options." Such an approach "drove us to a better discussion," says one P&G executive.
Leadership and Change
Seven Top Leaders on Making Tough Calls and Serving for the Greater Good
What makes a great leader? At a recent event, the seven winners of this year's Top American Leaders Award from the Center for Public Leadership at Harvard's Kennedy School and Washington Post Live shared personal observations on how they came by the passion that inspires their work -- and on what irks them about public life. Common in all their views is that leadership is about serving more than one's self.
Highlights from Our Blog
The Psychology of Holiday Gift Giving: The Good, the Bad, the Irrational
Troubled Times Ahead for North Korea?
Retailers: Know Thy Customer -- by Channel
Ban Email? Mon Dieu!
Articles from Around the Knowledge Network
Knowledge@Wharton High School
Hip Hop on the Go: Evan Reynolds Is a Young Manager in an Industry of Colorful Characters
eriQoo.com: Eric Tsai's Vision for A More Efficient Search Engine
Lawyer Morris DeFeo: Why Partnerships Are Key for Outsiders Navigating the Indian Legal System
Tense Times: Addressing South America's Illegal and Informal Mining
Is China's Solar Industry Heading for an Eclipse?
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Knowledge@Wharton /HBS Working Knowledge
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