The Senate was set to vote recently on legislation to contravene regulations promulgated by the Consumer Financial Protection Bureau (CFPB) to provide more protections and legitimacy to the prepaid card industry. Now, the legislation will not come to a full vote after the CFPB announced it would delay the regulations by six months. This six-month […]
Let’s face it – every business, to some degree, struggles with being trapped in yesterday. It’s so easy to focus on the rear-view mirror and stop changing. Successful organizations are particularly vulnerable to inertia. Success makes failure all the more difficult. A lack of failure is a tell-tale sign of an organization that fears change. […]
Organizations large and small thrive under good management. Effective managers bring order to chaos and drive results. They coordinate the work of others and ensure that projects complete on time and within budget. But are effective managers also great leaders? Or, more fundamentally, is there a difference between management and leadership? This question echoes in […]
As with most industries, technology has dramatically changed the way the military operates. From transportation to communication, the Armed Services have adopted new technologies and adapted to new threats. The rapidly evolving landscape of terrorism and cyber-attacks are bringing even more challenges. To rise to those challenges, the military is looking outside of itself, to see the future […]
The vast majority of corporate reorganizations take place far away from public gaze. However, reorganizations that are the product of mergers and acquisitions (M&A) are often a spectator sport. Investors and pundits enthusiastically urge executives to quickly integrate business processes in order to find elusive synergies that will increase shareholder value. Doug Parker, CEO of American […]
This year I have been reflecting on the legacy of Bruce Henderson. A Vanderbilt alumni and Owen School professor, Bruce was a pioneer in the business world, founding the Boston Consulting Group and participating in the creation of the management consulting industry. To celebrate the hundredth anniversary of his birth, BCG launched an Institute in […]
There are few things in business that compare to watching a passionate, smart startup completely transform an industry — or several at the same time. And given the current valuations that companies like Snapchat ($15 billion) and Uber ($41.2 billion) are fetching, it’s no wonder that business school students increasingly want a piece of the […]
In most areas of health care the adage that “an ounce of prevention is worth a pound of cure” holds true. But for information security professionals in the field, the answer has not been so clear. Debate continues between two camps of researchers: one group maintains that it’s far more efficient to learn from the […]
Here is an amazing statistic. This fall I have been teaching a class on Health IT in Dartmouth’s new Masters of Healthcare Delivery Science program. The students are mid-career healthcare professionals. We had a fascinating discussion about where patients look on-line for health information. Many of the practicing doctors mentioned specialized health websites. NPR is […]