What does it take to successfully lead a team to the top of the highest peak in the world? First-year students find out as they participate together in, "Everest: A Leadership and Team Simulation." Harvard Business School professor Amy Edmondson talks about the choice to use Mt. Everest as the backdrop for this academic exercise, designing the simulation, and what students learn about teamwork along their way “up the mountain.”
May 02, 2017•11 min•Ep. 48
Health insurance that consumers like? Doesn’t sound possible, but South African company Vitality is doing just that. By focusing on consumer-driven health insurance ideas like paying customers to take care of themselves, Vitality has expanded to the UK and China. Harvard Business School professor Regina Herzlinger discusses why this idea of paying for self-care has the potential to improve health care in the United States as well.
Apr 18, 2017•16 min•Ep. 47
Germany took in a million Syrian refugees in 2015, buoyed by the knowledge that these people could contribute strongly to the country’s economy. But has it worked out as successfully as hoped? Harvard Business School professor Rebecca Henderson discusses what it takes to integrate a huge number of new people, and the role business can play.
Apr 04, 2017•16 min•Ep. 46
Is it possible to retain brand value after cutting costs and services dramatically just to stay alive? The airline industry has struggled with this question for decades in the face of economic downturns, changes in market structure, and shifting clientele. Harvard Business School professor Susanna Gallani discusses one of the central lessons from her case study (co-authored with Harvard Business School professor Eva Labro), "RegionFly: Cutting Costs in the Airline Industry," that encompasses any...
Mar 21, 2017•16 min•Ep. 45
IDEO’s human-centered design thinking is a systematic process used to help create new products and services. And, the best part? They are open about the process and how to adopt it. Harvard Business School professor Ryan Buell explores this process through the example of Cineplanet, the leading movie cinema chain in Peru. The company hired IDEO to help them determine how to better align their operating model with the needs of its customers. Like Buell, this case may change the way you think abou...
Mar 03, 2017•18 min•Ep. 44
Using crowdsourcing to develop an annual list of Hollywood’s hottest unproduced screenplays, Harvard graduate Franklin Leonard took the negative term “black list” and turned it into a coveted place to be. Three films that once appeared on his Black List are nominated for a Best Picture Oscar this year. Harvard Business School professor Henry McGee, the former president of HBO Home Entertainment, explores a fascinating case about navigating the Hollywood film industry, reclaiming blackness as a p...
Feb 22, 2017•23 min•Ep. 43
Growing up in the heart of the Confederacy, Maggie Lena Walker started work as a laundress at age nine. At the urging of her mother and mentors, she turned to education, and used it to propel her life forward -- graduating high school at 16, working as a teacher, and learning accounting. Those experiences, coupled with her strong work ethic, culminated in Walker rising to lead the Independent Order of St. Luke and found several other businesses, all of which created jobs and opportunities for ma...
Feb 15, 2017•27 min•Ep. 42
In theory, most companies would love to diversify their workforce. In practice, hiring specifically to increase diversity can cause a variety of cultural problems within an organization. Harvard Business School professor Robin Ely discusses two of her cases that train a critical lens on race-based and race-blind hiring, and some of the best practices firms can employ to achieve a well-balanced staff.
Jan 26, 2017•19 min•Ep. 41
For more than seven decades, Ebony Magazine has chronicled the most important African-American issues, personalities, and interests of its time, including operating essentially as the journal of record for the Civil Rights Movement. But along with most other media companies, the publication faced stark challenges if it was to survive in the rapidly changing media landscape of 2015. Harvard Business School professor Steve Rogers discusses Ebony Magazine’s storied history, including its founder’s ...
Jan 26, 2017•18 min•Ep. 40
Research says that people imprint on music in their dating years, and carry those tastes with them through the rest of their lives. Lately, this has spelled trouble for jazz music, which is failing to attract new and younger fans in a competitive musical landscape. With its listenership in steep decline, jazz legend Wynton Marsalis is looking to rebrand the genre and engineer its comeback, with the help of Harvard Business School professor Rohit Deshpande.
Jan 18, 2017•16 min•Ep. 39
One third of the U.S. population is obese, even as 50 million Americans often struggle to find enough to eat. And all that in a country where 40% of the food made and purchased each year is thrown away, and in which food needs are expected to more than double over the next few decades. Harvard Business School professor Jose Alvarez discusses how the former president of Trader Joe’s is boiling these difficult problems down into one elegant solution in a pilot store in Dorchester, Massachusetts, a...
Jan 03, 2017•21 min•Ep. 38
There is a joke in the cybersecurity community that there are two kinds of companies: those that know they’ve been hacked, and those that haven’t found out yet. The Target Corporation learned this the hard way during the busy holiday season of 2013, when 110 million customers’ information was compromised. Harvard Business School professor Suraj Srinivasan explores one of the largest cyber breaches in history, analyzing why failures happen, who should be held accountable, and how preventing them ...
Dec 20, 2016•23 min•Ep. 37
Wayfair has been around since the early days of ecommerce. But where it now exists as a single, popular brand, it was once an unaffiliated collection of 240 websites selling very different things. Harvard Business School professor Thales Teixeira takes listeners on a journey through the rise of internet sales and search engine marketing, and into the minds of the company’s executives as they built an online furniture giant from scratch.
Dec 07, 2016•22 min•Ep. 36
On the internet, content may be king, but connecting users is the key to building an empire. The Norwegian media giant Schibsted learned this lesson the hard way, and then used it to thrive in an online news market where many others have failed. Through the lens of his new book, The Content Trap, Harvard Business School professor Bharat Anand discusses Schibsted’s resounding success, how bringing users together drives revenue, and the importance of media companies adopting a “digital-first” appr...
Nov 18, 2016•23 min•Ep. 35
By some accounts, only 5-6% of people around the world get the cardiac treatment they need to survive. The rest perish. This statistic highlights the stark need for affordable, quality health care that can be delivered at scale, and a solution to that staggering problem has sprung up in, of all places, the Cayman Islands. Harvard Business School professor Tarun Khanna explains how a new hospital with a revolutionary cost structure and service model is making a name for itself on an island better...
Nov 14, 2016•14 min•Ep. 34
An unfortunate but necessary part of a manager’s job is having to let underperforming employees go. Knowing when and how to take that step with the company’s, the employee’s, and your own best interests in mind is a difficult task. Harvard Business School professor Joe Badaracco discusses the best ways to make hard decisions and deliver bad news, pulling from his case “Two Tough Calls” and his new book, "Managing in the Gray."
Nov 03, 2016•14 min•Ep. 33
The Affordable Care Act, or Obamacare for short, had three goals: make health insurance available, required, and affordable for everyone. There was just one problem -- the launch of the HealthCare.gov website was a complete and utter failure. Harvard Business School professor Len Schlesinger delves into the enormous challenges involved with building, launching, and fixing HealthCare.gov, and how those administrative trials and triumphs are instructive for any managerial setting.
Nov 01, 2016•20 min•Ep. 32
Oktoberfest began as a raucous wedding celebration in Germany more than 200 years ago and has since grown into a worldwide phenomenon. Munich, alone, hosts some 6.4 million guests (who consume almost 8 million liters of beer) during the festival each year. Harvard Business School professor Juan Alcacer discusses how the Oktoberfest brand has been transplanted around the globe, whether copycat festivals help or hurt its reputation, and to what extent its original hosts could or should be profit-m...
Oct 04, 2016•15 min•Ep. 31
Lego has been helping children piece together dreams and build their imaginations for decades, and has become one of the world’s most popular toys and most powerful brands in the process. But the company known for great directions lost its own in the 1990s and has stood on the brink of bankruptcy a few times since. Harvard Business School professor Jan Rivkin takes listeners behind the brick and into the minds of Lego’s leadership as they tackle digital disruption, how to innovate while remainin...
Oct 04, 2016•15 min•Ep. 30
Before “House of Cards” was an internationally-renowned and critically acclaimed hit series, it was a total shot in the dark. Luckily for the small film studio behind it, Netflix saw it as a shot worth taking. Harvard Business School professor Anita Elberse discusses how the Emmy award-winning show flipped the script on standard television series production, brought binge-watching into the mainstream, and ushered in a whole new era of must-see programming.
Oct 04, 2016•13 min•Ep. 29
Most people know Apple as one of the richest and most successful companies in the world, but it wasn’t always that way. In 1997, the company suffered a near-death experience that caused it to completely reimagine itself. The result was a new line of products and a totally unique financial model that has since led to unprecedented success. Harvard Business School professor Mihir Desai explains the genius of the financial wiring behind the inventors of the Genius Bar.
Oct 04, 2016•14 min•Ep. 28
It’s a good bet that winning a game show isn’t often on the list of top priorities at large companies. So how was it that building a robot to do just that became a prime focus at IBM? Harvard Business School professor Willy Shih discusses how building Watson, a deep question answering machine, reinvigorated a stalled research and development team, taught IBM a ton about communication and product development, and led to a hotly contested “Jeopardy!” match on the Harvard Business School campus.
Oct 04, 2016•16 min•Ep. 27
College represents one of the biggest decisions and investments many consumers will ever make. But can they really trust the rankings available to help them choose? Harvard Business School professor Bill Kirby unpacks the complex world of university rankings, including what “world-class” actually means, what rankings don’t take into account, and how schools are learning to game an imperfect system.
Oct 04, 2016•14 min•Ep. 26
A novel idea: give loyal customers a chance to buy shares in a company they love. That’s the premise behind LOYAL3, which uses the democratizing power of technology to give average investors better access to IPOs. Harvard Business School professor Luis Viceira discusses this novel mission, the huge new market it creates, and the delicate balance of being disruptive but only when necessary.
Oct 04, 2016•13 min•Ep. 25
Increasingly, almost every team is a global team in some capacity. This presents a difficult challenge for managers everywhere, and especially for high-potential leaders who want to take their careers to the next level: how do you bring together a team whose members are geographically and culturally dispersed? Harvard Business School professor Tsedal Neeley discusses her case of a real-life executive charged with corralling a hugely diverse, underperforming group and leading it back to success o...
Oct 04, 2016•14 min•Ep. 24
Though Google has become the U.S. face of the driverless car movement, other global companies have been developing similar technology for more than a decade. Mobileye is one of them, with a $10 billion valuation and a huge head start in a potentially enormous market. Harvard Business School professor David Yoffie discusses why a company many have never heard of will be a lynchpin in the future of self-driving automobiles.
Oct 04, 2016•13 min•Ep. 23
Carla Ann Harris has blazed trails and excelled at institutions like Harvard and Morgan Stanley. But doing so has required her to strike a careful balance between her professional image and her personal passions. Harvard Business School professor Lakshmi Ramarajan discusses her inspiring success and the importance of managing perceptions to achieve greatness.
Oct 04, 2016•14 min•Ep. 22
Since brewing is a marketing-driven business, finding ways to differentiate a beverage from its competition is crucial. Heineken’s chief marketing officer took a novel approach: take the complicated processes of production and distribution and make them interesting and important to the consumer. Harvard Business School professor Forest Reinhardt explains how a big, sophisticated company used small details, from trucking routes to the color of refrigerators, to put its commitment to the environme...
Oct 04, 2016•9 min•Ep. 21
Entrepreneurs like Elon Musk and Jeff Bezos are tapping into their vast personal wealth to make commercial space travel a reality. In the process, they're revitalizing a listless national space program. Harvard Business School professor Matthew Weinzierl discusses his new case on New Space, and how public-private partnerships are becoming the building blocks for the hottest new startup sector.
Oct 04, 2016•15 min•Ep. 20
The statistics are startling: about one-third of American workers suffer from chronic work stress; $27 billion worth of work days are lost to mental health-related absences each year. Harvard Business School professor John Quelch discusses his case on the state of mental health in the U.S. workplace, and why even though companies are better than ever about providing services to their workers, the stigma attached to mental health leaves a lot of work yet to be done.
Oct 04, 2016•12 min•Ep. 19
