Our Top Business Perspectives of 2017
ESMT Knowledge is ESMT Berlin’s platform for showcasing the writing and research of the business school’s faculty, visiting experts, researchers, and program directors. The articles below were among the top read and shared business perspectives that we published in 2017.
Executives, your innovation approach deserves a rethink
In dynamic market environments, corporations are under increasing pressure to adopt innovation-driven strategies and agile leadership models. While appointing a visionary and charismatic leaders to be Chief Innovation Officer is helpful, it does not (immediately) change the corporate DNA. Senior Associate Dean Christoph Burger, Program Director Bianca Schmitz, and Program Director Jens Weinmann of ESMT Berlin’s Executive Education call for new thinking on sustainable and agile business models.
Read Agility is (L)earned https://knowledge.esmt.org/article/agility-learned
Working women are obligated to help others to succeed
Well-documented barriers to organizational influence and career growth exist for women. In her research together with Margarita Mayo (IE Business School) and Natalia Karelaia (INSEAD), Laura Guillén, an assistant professor of organizational behavior at ESMT Berlin, shows how supervisor perceptions of employee performance falls prey to gender biases. Namely, performance reviews for women contain nearly twice as much language about being prosocial—with terms such as warm, empathetic, helpful, and dedicated to others—than for men.
Read For Women, Self-confidence Not Enough for Workplace Success https://knowledge.esmt.org/article/women-self-confidence-not-enough-workplace-success
You can’t always count on crowdsourcing
The case for crowdsourcing is not new. But will it work for your organization? Large-scale research by ESMT Associate Professor Linus Dahlander and Henning Piezunka into more than 20,000 crowdsourcing efforts finally reveals why some succeed to attract crowds and others fail. Their research specifically shows that managers whose organizations succeed in crowdsourcing are both reactive and proactive but must exercise caution.
Read Why Some Crowdsourcing Efforts Work and Others Don’t https://knowledge.esmt.org/article/why-some-crowdsourcing-efforts-work-and-others-dont
How cooperation and consistency in cybersecurity could become the EU’s reality
Internet access has become crucial to the functioning of our most important systems. The Directive on security of network and information systems (NIS Directive) is the first EU-level effort to enhance cybersecurity measures. What are these requirements? Are they enough for ensuring the availability and security of systems critical to the ways we live today? Martin Schallbruch is deputy director and senior researcher of cyber innovation and cyber regulation at ESMT’s Digital Society Institute (DSI). In his article, he examines how the NIS Directive will affect different internet services and why this regulation is likely to increase the IT security level of many digital services that have become vital to our societies.
Read The EU Directive on Network and Information Security: Requirements for Digital Services https://knowledge.esmt.org/article/eu-directive-network-and-information-security-requirements-digital-services
Before you waste time and money on your digital investments …
Most organizations don’t explore the possibilities that digital technologies can offer their business and, consequently, either don’t invest or under invest in innovative opportunities. This situation exists because a lot of organizations don’t have any mechanisms to help them understand and manage their digital investments. Research by ESMT Professor Joseph Peppard shows that taking a portfolio perspective can greatly help a leadership team manage the evaluation, selection, monitoring, and on-going adjustment of digital investments to influence business performance.
Read Taking a Portfolio Perspective of Digital Investments https://knowledge.esmt.org/article/taking-portfolio-perspective-digital-investments
Our EU Is more resilient than any Brexit threat
The European Union has weathered a decade of shocks, and there are still pockets of economic fragility. Indeed, there are still challenges that are facing the EU and, among them, those that have a specific economic and financial dimension that may be addressed by European policy initiatives in the near future. In his ESMT Open Lecture in January 2017, the French economist Nicolas Véron argued that, while further policy reform is needed, the EU is poised to draw the right lessons from economic uncertainty.
Read Challenges for the European Union in 2017 https://knowledge.esmt.org/article/economic-financial-challenges-european-union-2017