UNC Kenan-Flagler Blogs

Category Archives: Management

Insights into Innovation: Fail Fast and Often

Arvind Malhotra is UNC Kenan-Flagler’s T. W. Lewis Scholar and Professor of Strategy and Entrepreneurship. Below, read his insight into innovation, the second in a five-part series with UNC Kenan-Flagler professors. Why is it important for an organization to master innovation? In many ways that’s what kept most organizations going into pattern differentiation.  Innovation is a good buzz word, but to me it’s also about saying, “How can you sustainably differentiate yourself in the marketplace?”  with sustainably meaning over time having an edge over your competition and being seen as superior to your competition.  It’s really critical because it’s not a one shot game.  It’s over and over and over and over again trumping your competition.  That is the only way to Read More

Insight Into India

As part of the “Best Practices in Global Business Education” webinar series hosted by UNC’s Center for International Business Education and Research (CIBER), Professor Nicholas Didow and Dr. Jay Swaminathan, faculty director for CIBER, presented a country briefing on India along with five UNC Kenan-Flagler undergraduate students. The hour-long webinar featured an overview of India’s history, politics, culture and markets, and provided suggestions for successful entry into India’s business landscape aimed at those who have little to no market experience in the country. Home to one of the oldest civilizations, India’s history has been shaped by Britain’s colonial rule and its ongoing conflict with Pakistan, which has resulted in three wars since India gained its independence in 1947. Although one Read More

Fours ways to bolster your onboarding program

“Just be yourself” may sound cliché, but for managers looking to train more effective employees, it’s a piece of advice worth incorporating into the orientation process. UNC Kenan-Flagler assistant professor Bradley Staats studies the onboarding process, the period of orientation and socialization that occurs during a new hire’s first few days on the job. During this time companies typically focus on skills training and building pride in the organization. However, Staats’ latest research has revealed that emphasizing self-expression and personal, rather than organizational, identities may create more beneficial outcomes for firms. Orientation programs with a more individualized approach result in lower turnover rates, greater job satisfaction and improved operational performance down the road. “By following these four principles of personal Read More

Insights Into Innovation: Why Organizations Must Innovate

Sridhar Balasubramanian – also known as “Dr. B.” – is associate dean of the MBA Program, the Roy & Alice H. Richards Bicentennial Distinguished Scholar and professor of marketing at UNC Kenan-Flagler. He is a widely published and cited researcher. Below, read his insight into innovation, the first in a five-part series with UNC Kenan-Flagler professors. Why is it important for an organization to master innovation? There are multiple reasons why it is important for organizations to master innovation.  First of all, the world is becoming increasingly competitive.  Fifty years back you only talked about competition from your local region.  Today, you produce a product, you try to patent it, but within about six months somebody … some company in Read More

How leaders can succeed in an increasingly volatile, complex landscape

The below is an excerpt of a white paper by Kirk Lawrence, program director at UNC Executive Development. In The World Is Flat, Thomas Friedman notes that the rate of change today is much different than in the past. “Whenever civilization has gone through one of these disruptive, dislocating technical revolutions—like Gutenberg’s introduction of the printing press—the whole world has changed in profound ways,” he writes. “But there is something different about the flattening of the world that is going to be qualitatively different from other such profound changes: the speed and breadth with which it is taking hold….This flattening process is happening at warp speed and directly or indirectly touching a lot more people on the planet at once. The Read More

7 Ways to Bring Learning Technology Into Your Business

The following is an excerpt from a UNC Executive Development white paper written by Program Director Donna Rhode. Mark Dollins, a partner at the research firm Future Workplace, forecasts that the 2020 workplace will be multigenerational, increasingly global and highly interconnected with social media. These trends will profoundly affect how learning and development (L&D) is delivered in organizations. To remain competitive, employers must think strategically, anticipate their organizations’ future talent needs, and design and deliver L&D opportunities in ways that will satisfy their employees’ desire for flexibility while still delivering quality programs cost effectively. New technologies like computer-supported collaborative learning, mobile learning and informal learning through social media will be incorporated into organizations’ L&D platforms and strategies. Business leaders should plan Read More

Bloomberg chair and alum Grauer on keys to effective leadership

For Peter Grauer (AB ’68), chairman of Bloomberg LP parent company Bloomberg Inc., strong leadership revolves around duality. The most effective leaders at the media and technology giant share the ability to combine apparently contradictory attributes, what Grauer described as the “and factor” during a recent talk at UNC Kenan-Flagler. Its most effective leaders, he noted, can inspire people to follow them with their strategic vision, but then also dig in at the tactical level. They often are noted for giving strong direction, while also being open to challenges. They empower employees by trusting them to work independently, but can be equally hands-on with the situation requires it. “For me it has always been critical to start with the most Read More

Industry insider interview: How to build talent faster than the competition

Listen to UNC Executive Development’s podcast interview of Corey Seitz  or read the interview below. Seitz is President of Seitz Talent Consulting, LLC, is a recognized leader in global talent management. A trusted advisor and coach to executives, he specializes in aligning the growth of individuals and organizations. Corey brings extensive experience at Fortune 500 corporations having served as the Global Head of Talent Management for Switzerland-based Novartis International, Johnson and Johnson and EMC. Patrick Cahill: How can companies build talent faster and better than the competition? Corey Seitz: Well Patrick, thanks for spending some time with me today. I am excited about the opportunity to share a little bit of my knowledge with you and others on talent management. Read More

How to build talent faster and better than the competition

Listen to UNC Executive Development’s podcast interview of Jim Shanley or read the interview below. Shanley, partner of The Shanley Group and one of the most recognized global talent Management Practitioners, had a 20 year career with Bank of America where he led a team of over 1,500 professionals. Under Jim’s leadership, Bank of America earned a reputation as a benchmark company for their leadership development and talent management programs and processes. Many of Jim’s former teammates are now chief talent officers in large global companies. Patrick Cahill:  Alright let’s jump into the first question here, Jim. How can companies build talent faster and better than the competition? Jim Shanley: Great! Thanks for having me. I have been looking forward Read More

The New Business Imperative: Recruiting and Retaining Women in the Workplace

The following is a guest blog post from Mindy Storrie, director of leadership development at UNC Kenan-Flagler. Women comprise 61 percent of today’s labor force, are attaining college-level degrees at a faster rate than men, and are the world’s largest group in terms of purchasing decisions comprising between 80 and 85 percent of the U.S. consumer market. They are a powerful economic force, yet real and perceived gaps persist between men and women in the workforce in terms of pay, career path, and leadership development. Companies that foster the development of female leaders reap the rewards. One study found that employers who lead in breaking the glass ceiling tend to have share prices that outperform their competitors. Another study found Read More