Online business blogging

Designing AI to Make Decisions
Kathryn Hume, VP of integrate.ai, discusses the current boundaries between artificially intelligent machines, and humans. While the power of A.I. can conjure up some of our darkest fears, she says the reality is that there is still a whole lot that A.I. can’t do. So far, A.I. is able to accomplish some tasks that humans might need a lot of training for, such as diagnosing cancer. But she says those tasks are actually more simple than we might think – and that algorithms still can’t replace emotional intelligence just yet. Plus, A.I. might just help us discover new business op [...]
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Most Managers Don’t Know How to Coach People. But They Can Learn.
pbombaert/Getty Images Are you successful at coaching your employees? In our years studying and working with companies on this topic, we’ve observed that when many executives say “yes,” they’re ill-equipped to answer the question. Why? For one thing, managers tend to think they’re coaching when they’re actually just telling their employees what to do. According to Sir John Whitmore, a leading figure in executive coaching, the definition of coaching is “unlocking a person’s potential to maximize their own performance. It is helping them to l [...]
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Whether a Husband Identifies as a Breadwinner Depends on Whether He Respects His Wife’s Career — Not on How Much She Earns
Harry Haysom/Getty Images Professional careers are notorious for demanding that people be single-mindedly devoted to work. It’s a demand that is often especially acute for men, who face rigid expectations that being a successful man requires having a successful career, and that “success” means power and money. Men have traditionally satisfied these expectations by taking on the role of a work-devoted breadwinner, supported by a wife who does not work or who places his career first. But many heterosexual men today are married to women who pursue demanding careers of their own [...]
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Research: To Get People to Embrace Change, Emphasize What Will Stay the Same
Eric Raptosh/Getty Images Common wisdom in management science and practice has it that to build support for a change project, visionary leadership is needed to outline what is wrong with the current situation. By explaining how the envisioned change will result in a better and more appealing future, leaders can overcome resistance to change. But our research, recently published in the Academy of Management Journal, leads us to add a very important caveat to this. A root cause of resistance to change is that employees identify with and care for their organizations. People fear that after the c [...]
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What Data Scientists Really Do, According to 35 Data Scientists
burakpekakcan/Getty Images Modern data science emerged in tech, from optimizing Google search rankings and LinkedIn recommendations to influencing the headlines Buzzfeed editors run. But it’s poised to transform all sectors, from retail, telecommunications, and agriculture to health, trucking, and the penal system. Yet the terms “data science” and “data scientist” aren’t always easily understood, and are used to describe a wide range of data-related work. What, exactly, is it that data scientists do? As the host of the DataCamp podcast DataFramed, I ha [...]
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How to Avoid Loneliness When You Work Entirely from Home
Carlo Allegri/Getty Images Working from home can be a coveted perk, allowing you to opt out of rush-hour traffic and eliminate the tedious banalities of office life. But it can also cut you off from the spontaneous interactions that can spark new insights (part of the reason Marissa Mayer famously rescinded Yahoo’s telecommuting policies). And, at times, the solitude may lead to isolation or the feeling that you’re left out at work. How can you combat loneliness and create positive relationships with colleagues when you work from home full-time? I’ve worked from ho [...]
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Managers Think They’re Good at Coaching. They’re Not.
pbombaert/Getty Images Are you successful at coaching your employees? In our years studying and working with companies on this topic, we’ve observed that when many executives say “yes,” they’re incorrectly answering the question. Why? For one, managers tend to think they’re coaching when they’re actually just telling their employees what to do — and this behavior is often reinforced by their peers. This is hardly an effective way to motivate people and help them grow, and it can result in wasted time, money, and energy. According to Sir John Whit [...]
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To Make Self-Driving Cars Safe, We Also Need Better Roads and Infrastructure
Paul Taylor/Getty Images The big question around self-driving cars, for many people, is: When will the technology be ready? In other words, when will autonomous vehicles be safe enough to operate on their own? But there has been far less attention paid to two equally important questions: When will the driving environment be ready to accommodate self-driving cars? And where will this technology work best? Self-driving cars are the most challenging automation project ever undertaken. Driving requires a great deal of processing and decision making, which must be automated. On top of that, t [...]
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Why Western Digital Firms Have Failed in China
Paper Boat Creative/Getty Images Many leading American digital firms, including Google, Amazon, eBay, and Uber, have successfully expanded internationally by introducing their products, services, and platforms in other countries. However, they have all failed in China, the world’s largest digital market. The widely touted reasons for these failures include censorship by the Chinese government and cultural differences between China and the West. While these factors undoubtedly have played a role, such explanations are overly simplistic. Google, for example, has succeeded in dominati [...]
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Networking Myths Dispelled
David Burkus, a professor at Oral Roberts University and author of the book Friend of a Friend, explains common misconceptions about networking. First, trading business cards at a networking event doesn’t mean you’re a phony. Second, your most valuable contacts are actually the people you already know. Burkus says some of the most useful networking you can do involves strengthening your ties with old friends and current coworkers. Download this podcast [...]
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The Simple Question That Can Make or Break a Startup
Jonathan Knowles/Getty Images There’s an unassuming restaurant in Dallas called Chop House Burger, home to handspun milkshakes, truffle parmesan french fries, and six innovative burgers. It’s an eight-year-old restaurant in an industry where 80% of new entrants fail in the first five years. And stitched into its origin story is a clue to why some products (and businesses) succeed in the market while most wither and die. The burger place spun out of a The Dallas Chop House, a high-end steakhouse two blocks away. The Chop House was known for its ribeye, filet mignon, and flat iron s [...]
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What’s the Purpose of Companies in the Age of AI?
Tintan/Getty Images Recent advances in artificial intelligence (AI) and computer technology are causing us to think again about some really basic questions: what is a firm?  What can firms do better than markets?  And what are the distinctive qualities of firms in a world of smart contracts and AI? While there has been a lot of discussion about “what’s left for humans?” as AI improves at exponential rates — the customary answer is that humans need to focus on the things they are uniquely good at, such as creativity, intuition, and personal empathy & [...]
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