John Cotter, a professor at Harvard Business School, has tried to figure out why people resist change. Here is what he discovered. For most of his 30-year career, Cotter taught change management at Harvard and studied why attempts to implement change in organizations often fail. As a result, four reasons for resisting change were identified: - People feeling possessive towards the company; -...

Education and work experience are far from the only criterion by which employers select candidates for a vacancy. Is there something else worth paying attention to for those who want to get a prestigious job or move up the career ladder? A study conducted among American employers shows that more than half of their employees lack motivation to continue their education and professional development....

The coronavirus pandemic will result in a serious recession and financial turmoil that will resemble the 2008 crisis, said Head of JPMorgan. He is the only one of the current leaders of the largest American banks who was at the helm during the financial crisis 12 years ago. JPMorgan Bank CEO Jamie Dimon warned of an impending significant economic collapse due to the coronavirus pandemic. This is...

Is it possible to equal a plan to a strategy, as some companies do? What is the mistake of this approach? What is a strategy at all? The questions seem simple, but there can be some pitfalls. Until the 70s of the XX century, business success was considered to be a matter of presence in attractive markets. And since everyone adhered to this principle, competition in these markets was intensifying,...

In order to achieve stability in the team, it is necessary to understand that conflicts are a sign of a workable and effective team. If your team does not have them at all, this may be a sign of a decline in motivation or neglect of work. Truly healthy teams always have conflicts, but not all managers are ready to accept this. Fair battle rules It is very important to ensure that all team...

“Is it even possible to do all this?” This is a question that can often be heard from recently promoted executives. They ask it when they learn about the three main aspects of successful leadership: building trust, strengthening the team and expanding the network of contacts. Let's try to find the answer to this question. Many are horrified to realize that at the end of the day they rarely manage...

It turns out that The Art of War is a traditional compulsory reading for all top managers of Japanese corporations. Since the 1980s, the text has gained prestige among Western businessmen: for example, Gordon Gekko, the hero who embodies the worst features of an aggressive, greedy capitalist,...

Sometimes it happens. A deal is off, your boss carpets you, a project stalls... In such cases, you can doubt your professionalism. What to do? Find the cause and deal with it. Are you trying to change the world? The business sector is saturated with exorbitant ambitions. Now it’s not enough just to make a good product or provide a good service. Everyone wants to change the world with an...

There are three conventional stages of company development in the technological world: a startup, a growing company and a corporation. In this article, we will consider how each of them is characterized, as well as what difficulties and problems a company may encounter at these stages. 1. Startup In general, a startup can be defined as a company that is very young and its product does not yet...