Category Archives: Management and Strategy

What working on Pebble taught me about building hardware

Building hardware is fun but tough. Startups in general are like roller coasters; adding hardware to the mix just makes them even more stomach-churning. But if it’s so hard, why do it? The most rewarding feeling in the world is seeing someone out in public using a product that you helped make. If you’re working on hardware, especially consumer electronics, I hope you’ll get a chance to feel it. It makes it all worth it. Read more>>

The Science Behind the Growing Importance of Collaboration

Collaboration is a hot buzzword in the business world. And with good reason. Working with people who have different perspectives or areas of expertise can result in better ideas and outcomes. But collaboration does not always just happen. Sometimes it needs a little nudge. Kellogg’s Benjamin Jones, a strategy professor at the Kellogg School, discusses why collaboration is so important today—and how organizations can design their buildings and common spaces to encourage it.  Read more>>

WHY UBER DOSENT FIRE ITS CEO

In a startup company the founders of the company also become the CEOs. But as the company grows these CEOs make way for the professional CEO who have the knowledge and experience in the corporate world to help the company. This decision is usually made by the board members of the company. But the board members of the Uber company say that such is only made by their founder and CEO Travis Kalanick. Read More>>

PIVOT TO BE A BETTER LEADER NOT JUST FOR A STRATEGY

The journey to running a successful business is a difficult one. Hence there is no surprise that in this journey one makes many mistakes. These mistakes are not only made in the business model selected but also the leadership qualities displayed by the founder of the company. But our pride gets in the way and stops us from admitting and amending our mistakes as a leader which can lead a company to failure. Hence we should accept the pivot to become and successful. Read More>>

STARTUPS ARE MAKING THE REJECTION LETTER A THING OF THE PAST

Your firm has to hire 100 entry-level salespeople every year? No problem. Your intelligent applicant tracking system has already identified 250 college freshmen and sophomores with the right qualities, the result of which will be an invitation to interview for a summer job.This will mean fewer bad hires, better employee retention and less lost sleep from being rejected. Read More>>

A Clever Strategy to Combat Free Riding

Any time you have two or more people working together, each acting in his or her own best interest, they behave less efficiently than if they were working alone. This is because what is best for the group tends to differ from what is best for each of us. George Georgiadis proposes a clever way of getting around the free-rider problem, particularly for somewhat involved collaborations that unfold over time. Read More>>