UNC Kenan-Flagler Blogs

Category Archives: On Leadership

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

Knowledge & Leadership: Alum launches burn center from business school plan

Scott Hultman (MD, FACS, MBA ’08) graduated from UNC Kenan-Flagler with a ready-to-implement business plan that served as the foundation for the new UNC Burn Reconstruction and Aesthetic Center. The center, which opened in the fall of 2012, has created a space for UNC Health Care to conduct cutting-edge burn reconstruction research and develop new burn scar treatments that are giving patients life-changing results. Hultman, who has been a practicing plastic surgeon at UNC for 13 years, said that there was a strong interest in creating an aesthetic surgery center at the university as early as 2001. However, an original marketing analysis for the project predicted a whopping $20-million price tag that neither the UNC School of Medicine nor UNC Read More

Knowledge & Leadership:Inside look at our top-ranked leadership development program

When Bloomberg Businessweek asked MBAs from the Class of 2012 to rate their business school experiences, UNC Kenan-Flagler students praise their school’s pioneer leadership development program. Of the 82 U.S. and international business schools, their reviews landed UNC Kenan-Flagler the seventh highest score in leadership. The school is now expanding its commitment to shaping leaders beyond its own campus through a partnership with AACSB International (the Association to Advance Collegiate Schools of Business or AACSB). UNC Kenan-Flagler is using its years of experience in leadership development to serve as a valuable resource for peer business schools that are working to create and implement their own leadership programs. Inspired by organizations’ growing demands for employees with strong leadership skills, AACSB and 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

Maximizing Millennials in the Workplace

Editor’s note. This is an executive summary from the Maximizing Millenials in the Workplace white paper from UNC  Executive Development. They are known as Millennials, Gen Y, Gen Next, Echo Boomers, the Baby-on-Board Generation, Screenagers, Facebookers and the MySpace Generation, to name just a few. They are the nearly 80 million young adults born between 1976 and 2001 who have already joined or are preparing to join the workforce. By 2014, 36 percent of the U.S. workforce will be comprised of this generation and by 2020, nearly half (46 percent) of all U.S. workers will be Millennials. The sheer number of Millennials combined with the increasing retirement of Baby Boomers means that employers will be facing leadership gaps and they Read More