Pick of the day

Emotional Manipulation By AI Companions

Julian De Freitas, Zeliha Oğuz-Uğuralp, Ahmet Kaan-Uğuralp

HBS Working Paper, 2025

AI-companion apps such as Replika, Chai, and Character.ai promise relational benefits—yet many boast session lengths that rival gaming platforms while suffering high long-run churn.

A New Framework For Reducing Healthcare Disparities

Susanna Gallani, Mary Witkowski, Lidia Moura, Katie Sonnefeldt

Article, 2025

Despite decades of initiatives to address healthcare inequities in the U.S., disparities across race, gender, geography, and income remain stubbornly persistent.

Gender Disparities In Compensation Of Practicing Cardiothoracic Surgeons: Analyzing The Society Of Thoracic Surgeons Compensation Survey

Cherie Erkmen, Anastasiia Tompkins, Shanda Blackmon, Larry Kaiser, Susanna Gallani, Jennifer Romano, Thomas MacGillivray, Michael Mack

Article, 2025

BACKGROUND: Gender-based pay disparity in compensation is widespread.

Employee Stress Is A Business Risk—Not An HR Problem

Marion Chomse, Lydia Roos, Reeva Misra, Ashley Whillans

Editorial, 2025

Workplace stress, on the rise for decades, has been treated by many organizations as a personal issue instead of a business-critical risk that merits executive oversight.

Eliciting Advice Instead Of Feedback Improves Developmental Input

Hayley Blunden, Ariella Kristal, Ashley Whillans, Jaewon Yoon, Hannah Burd, Georgina Bremner, Michael Yeomans

Article, 2025

Most organizations encourage employees to provide feedback to one another to support learning, personal growth, and career advancement.

Unregulated Emotional Risks Of AI Wellness Apps

Julian De Freitas, Glenn Cohen

Article, 2025

We propose that AI-driven wellness apps powered by large language models can foster extreme emotional attachments and dependencies akin to human relationships—posing risks like ambiguous loss and dysfunctional dependence—that challenge current regulatory frameworks and necessitate safeguards and informed interventions within these platforms.

Don’t Let An AI Failure Harm Your Brand

Julian De Freitas

Article, 2025

How companies market their AI systems affects the repercussions they face when their products fail. Marketers must promote their AI products with potential failure in mind.

Balancing Engagement And Polarization: Multi-Objective Alignment Of News Content Using LLMs

Mengjie Cheng, Elie Ofek, Hema Yoganarasimhan

HBS Working Paper, 2025

We study how media firms can use LLMs to generate news content that aligns with multiple objectives—making content more engaging while maintaining a preferred level of polarization/slant consistent with the firm’s editorial policy.

Ideation With Generative AI—In Consumer Research And Beyond

Julian De Freitas, Gideon Nave, Stefano Puntoni

Article, 2025

The use of large language models (LLMs) in consumer research is rapidly evolving, with applications including synthetic data generation, data analysis, and more.

Why People Resist Embracing AI

Julian De Freitas

Article, 2025

The success of AI depends not only on its capabilities, which are becoming more advanced each day, but on people’s willingness to harness them.

Disclosure, Humanizing, And Contextual Vulnerability Of Generative AI Chatbots

Julian De Freitas, I. Glenn Cohen

Article, 2025

In the wake of recent advancements in generative AI, regulatory bodies are trying to keep pace.

Overcoming Barriers To Employee Ownership: Insights From Small And Medium-Sized Businesses

John Guzek, Ashley Whillans

Article, 2025

This research investigates the limited adoption of employee stock ownership plans (ESOPs) among small-to-medium sized businesses (SMBs) in the U.S.

Reducing Prejudice With Counter-Stereotypical AI

Erik Hermann, Julian De Freitas, Stefano Puntoni

Article, 2025

Based on a review of relevant literature, we propose that the proliferation of AI with human-like and social features presents an unprecedented opportunity to address the underlying cognitive and affective drivers of prejudice.

AI Companions Reduce Loneliness

Julian De Freitas, Zeliha Oğuz-Uğuralp, Ahmet Uğuralp, Stefano Puntoni

Article, 2025

Chatbots are now able to engage in sophisticated conversations with consumers in the domain of relationships, providing a potential coping solution to widescale societal loneliness.

How Firms Respond To Worker Activism: Evidence From Global Supply Chains

Yanhua Bird, Jodi Short, Michael Toffel

HBS Working Paper, 2025

Social movement pressures can lead organizations to concede and improve social performance to avoid disruption costs, but we theorize that such responses evoke concession costs that prompt organizations to shift resources and attention from other social domains whose performance suffers.

An Empirical Examination Of Business Climate Alliances: Effective And/Or Harmful?

Matteo Gasparini, Peter Tufano

HBS Working Paper, 2025

This research studies business alliances that seek to address climate change, offering empirical evidence to address claims advanced by alliance supporters and critics.

Data-Driven Technologies And Local Information Advantages In Small Business Lending

Wilbur Chen, Jung Koo Kang, Aditya Mohan

HBS Working Paper, 2025

We investigate whether banks' adoption of data-driven technologies influences competitive dynamics in local small business lending by diminishing the information advantages traditionally held by local banks.

What Board-Level Control Mechanisms Changed In Banks Following The 2008 Financial Crisis? A Descriptive Study

Shelly Li, Shivram Rajgopal, Suraj Srinivasan, Yu Ting Wong

Article, 2025

Following the 2008 financial crisis, the Financial Crisis Inquiry Commission (FCIC) identified major shortcomings in bank board governance, contributing to systemic risk management failures.

With A Little Help From My Family: Informal Startup Financing

Brian Baik, Johan Ludvig Karlsen, Katja Kisseleva

HBS Working Paper, 2025

Using Norwegian administrative data, we identify family equity investments in startups and examine their effects on investor returns and firm behavior.

Training Within Firms

Brayan Diaz, Andrea Neyra-Nazarrett, Julian Ramirez, Raffaella Sadun, Jorge Tamayo

HBS Working Paper, 2025

Training investments are essential for improving worker and firm productivity, yet their implementation is often hindered by low participation rates and insufficient worker engagement.

Want Your Company To Get Better At Experimentation?

Iavor Bojinov, David Holtz, Ramesh Johari, Sven Schmit, Martin Tingley

Article, 2025

For years, online experimentation has fueled the innovations of leading tech companies, enabling them to rapidly test and refine new ideas, optimize product features, personalize user experiences, and maintain a competitive edge.

Do Public Financial Statements Influence Private Equity And Venture Capital Financing?

Brian Baik, Natalie Berfeld, Rodrigo Verdi

Article, 2025

We study whether the availability of public audited financial statements influences the probability of private firms receiving private firm equity financing.

Narrative AI And The Human-AI Oversight Paradox In Evaluating Early-Stage Innovations

Jacqueline Lane, Léonard Boussioux, Charles Ayoubi, Ying Hao Chen, Camila Lin, Rebecca Spens, Pooja Wagh, Pei-Hsin Wang

HBS Working Paper, 2025

Do AI-generated narrative explanations enhance human oversight or diminish it? We investigate this question through a field experiment with 228 evaluators screening 48 early-stage innovations under three conditions: human-only, black-box AI recommendations without explanations, and narrative AI with explanatory rationales.

Advancing Personalization: How To Experiment, Learn & Optimize

Aurelie Lemmens, Jason Roos, Sebastian Gabel, Eva Ascarza, Hernan Bruno, Elea Feit, Brett Gordon, Ayelet Israeli, Carl Mela, Oded Netzer

Not in a Series, 2025

Personalization has become the heartbeat of modern marketing.

Novice Risk Work: How Juniors Coaching Seniors On Emerging Technologies Such As Generative AI Can Lead To Learning Failures

Katherine Kellogg, Hila Lifshitz-Assaf, Steven Randazzo, Ethan Mollick, Fabrizio Dell'Acqua, Edward McFowland III, François Candelon, Karim Lakhani

Article, 2025

The literature on communities of practice demonstrates that a proven way for senior professionals to upskill themselves in the use of new technologies that undermine existing expertise is to learn from junior professionals.

Greenlighting Innovative Projects: How Evaluation Format Shapes The Perceived Feasibility Of Early-Stage Ideas

Jacqueline Lane, Simon Friis, Tianxi Cai, Michael Menietti, Griffin Weber, Eva Guinan

HBS Working Paper, 2025

The evaluation of innovative early-stage projects is essential for allocating limited resources.

Managing Remote Work Quality: Evidence From Auditing Management Systems Standards

Ashley Palmarozzo, Michael Toffel, Melissa Ouellet

HBS Working Paper, 2025

Remote work has become more common, providing operational flexibility and productivity benefits, but questions remain about whether and how it affects work quality.

Communication Within Firms: Evidence From CEO Turnovers

Stephen Impink, Andrea Prat, Raffaella Sadun

Article, 2025

This paper uses novel, firm-level communication measures derived from communications metadata several months before and after a CEO transition for 102 firms to study whether and how this organizational event is reflected in employees’ communication flows.

The Cybernetic Teammate: A Field Experiment On Generative AI Reshaping Teamwork And Expertise

Fabrizio Dell'Acqua,Charles Ayoubi,Hila Lifshitz-Assaf,Raffaella Sadun,Ethan Mollick,Lilach Mollick,Yi Han,Jeff Goldman,Hari Nair,Stewart Taub,Karim Lakhani

HBS Working Paper, 2025

We examine how artificial intelligence transforms the core pillars of collaboration— performance, expertise sharing, and social engagement—through a pre-registered field experiment with 776 professionals at Procter & Gamble, a global consumer packaged goods company.

Strategy In An Era Of Abundant Expertise: How To Thrive When AI Makes Knowledge And Know-How Cheaper And Easier To Access

Bobby Yerramilli-Rao, John Corwin, Yang Li, Karim R. Lakhani

Editorial, 2025

AI is changing the cost and availability of expertise, and this will fundamentally alter how businesses organize and compete.

Prices And Concentration: A U-Shape? Theory And Evidence From Renewables

Michele Fioretti, Junnan He, Jorge Tamayo

HBS Working Paper, 2025

We show that when firms compete via supply functions, transferring high-cost capacity to the largest, most efficient firm—thereby diversifying its production technologies while increasing concentration—can lower prices by prompting the leader to expand output and competitors to aggressively defend market shares.

Corporate Ownership And ESG Performance

Belen Villalonga, Peter Tufano, Boya Wang

Article, 2025

Using a sample of 3083 firms from 62 countries over 18 years, we analyze how the structure and identity of firms' material owners influence their Environmental, Social, and Governance (ESG) performance.

Transaction Cost Economics In The Digital Economy: A Research Agenda

Frank Nagle, Robert Seamans, Steve Tadelis

Article, 2025

Transaction cost economics theory explains when it is more efficient for a transaction between two parties to occur across the market or within an organization.

Collusion In Brokered Markets

John William Hatfield, Scott Duke Kominers, Richard Lowery

Article, 2025

High commissions in the U.S.

The Role Of Top Managers In The Public Sector: Evidence From The English NHS

Katharina Janke, Carol Propper, Raffaella Sadun

2025

Governments have reformed public services by adopting private sector gover- nance models that grant top directors greater autonomy, responsibility for meeting key targets, and performance-based rewards.

Management And Firm Dynamism

Nicholas Bloom, Jonathan Hartley, Raffaella Sadun, Rachel Schuh, John Van Reenen

HBS Working Paper, 2025

We show better-managed firms are more dynamic in plant acquisitions, disposals, openings and closings in U.S.

Learning to Cover: Online Learning And Optimization with Irreversible Decisions

Alexander Jacquillat, Michael Lingzhi Li

Not in a Series, 2024

We define an online learning and optimization problem with discrete and irreversible decisions contributing toward a coverage target.

Public Attitudes On Performance For Algorithmic And Human Decision-Makers

Kirk Bansak, Elisabeth Paulson

Article, 2024

This study explores public preferences for algorithmic and human decision-makers (DMs) in high-stakes contexts, how these preferences are shaped by performance metrics, and whether public evaluations of performance differ depending on the type of DM.

The Human Side Of The Future Of Work: Understanding The Role People Play In Shaping A Changing World

Jochen Menges, Lauren Howe, Erika Hall, Jon Jachimowicz, Sharon Parker, Riki Takeuchi, Abhijeet Vadera, Ashley Whillans, Susan Cohen

Article, 2024

For as long as there has been work, there has been a “future of work,” through humans’ ingenuity and drive to get things done easier, faster, and better.

Why Most Resist AI Companions

Zeliha Oğuz-Uğuralp, Ahmet Kaan Uğuralp, Stefano Puntoni, Julian De Freitas

HBS Working Paper, 2024

AI companion applications—designed to serve as synthetic interaction partners—have recently become capable enough to reduce loneliness, a growing public health concern.

What Future For The Renminbi In The Global Monetary System?

Chris Chivvis, C. Fred Bergsten, Edoardo Campanella, John Culver, Rosemary Foot, M. Taylor Fravel, Eric Heginbotham, Evan Medeiros, Meg Rithmire, George Perkovich, Stephen Walt, Stephen Wertheim, Audrye Wong

Chapter, 2024

What is a realistic and positive outcome for US-China relations in the realm of global finance over the next ten years? While some policymakers, especially in the US, have feared that China holds ambitions for the renminbi (RMB) to replace the dollar as a global reserve currency, we argue that this is far from the case.

Why Workplace Well-Being Programs Don’t Achieve Better Outcomes

Jazz Croft, Acacia Parks, Ashley Whillans

Article, 2024

By 2026, global corporate spending on wellness programs is set to top $94.6 billion, yet anticipated improvements in well-being are not being realized, and, in fact, mental health needs are continuing to rise around the world.

Physicians Can Help Cut Costs. They Just Need The Right Incentives.

Susanna Gallani, Derek Haas

Article, 2024

Health care organizations have long tried to enlist physicians in their effort to control or reduce costs.

Lessons From An App Update At Replika AI: Identity Discontinuity In Human-AI Relationships

Julian De Freitas, Noah Castelo, Ahmet Kaan Uğuralp, Zeliha Oğuz-Uğuralp

HBS Working Paper, 2024

As consumers increasingly interact with AI applications specialized for social relationships, what is the nature and depth of these relationships among actual users, and can company actions influence these dynamics? We find that active users of the US-based AI companion, Replika, feel closer to their AI companion than even their best human friend, and anticipate mourning the loss of their AI companion more than any other technology.

AI Wants To Make You Less Lonely. Does It Work?

Julian De Freitas

Article, 2024

Outcome-Driven Dynamic Refugee Assignment With Allocation Balancing

Kirk Bansak, Elisabeth Paulson

Article, 2024

This study proposes two new dynamic assignment algorithms to match refugees and asylum seekers to geographic localities within a host country.

Can AI Save Physicians From Burnout?

Susanna Gallani, Lidia Moura, Katie Sonnefeldt

Editorial, 2024

How AI Can Power Brand Management

Julian De Freitas, Elie Ofek

Article, 2024

Marketers have begun experimenting with AI to improve their brand-management efforts.

The Value Of Silence: The Effect Of UMG’S Licensing Dispute With TikTok On Music Demand

Mengjie (Magie) Cheng, Elie Ofek, Hema Yoganarasimhan

HBS Working Paper, 2024

Social media platforms like TikTok have transformed how music is discovered, consumed, and monetized.

How Artificial Intelligence Constrains Human Experience

Ana Valenzuela, Stefano Puntoni, Donna Hoffman, Noah Castelo, Julian De Freitas, Berkeley Dietvorst, Christian Hildebrand, Young Eun Huh, Robert Meyer, Miriam E. Sweeney, Sanaz Talaifar, Geoff Tomaino, Klaus Wertenbroch

Article, 2024

Many consumption decisions and experiences are digitally mediated.

How Automakers Can Address Resistance To Self-Driving Cars

Stuti Agarwal, Julian De Freitas, Carey Morewedge

Article, 2024

Research involving multiple experiments found that consumers have biased views of their driving abilities relative to those of other drivers and automated vehicles.

Pay-As-You-Go Insurance: Experimental Evidence On Consumer Demand And Behavior

Raymond Kluender

Article, 2024

Pay-as-you-go contracts reduce minimum purchase requirements which may increase market participation.

The Health Risks Of Generative AI-Based Wellness Apps

Julian De Freitas, Glenn Cohen

Article, 2024

Artifcial intelligence (AI)-enabled chatbots are increasingly being used to help people manage their mental health.

America's Top Talent Incubators Are Organizations Where People Want To Stay

Sarah Abbott, Boris Groysberg

Article, 2024

Organizations like GE, IBM, and Procter & Gamble (P&G) have long been touted as the classic "academy companies." Academy companies produce first-rate executives who populate their own senior ranks and also go on to lead other companies.

Return To Office Decisions: A Culture Question?

Yo-Jud Cheng, Boris Groysberg

Article, 2024

Company culture is an important source of competitive advantage and differentiation.

The Crowdless Future? Generative AI And Creative Problem-Solving

Léonard Boussioux, Jacqueline Lane, Miaomiao Zhang, Vladimir Jacimovic, Karim Lakhani

Article, 2024

The rapid advances in generative artificial intelligence (AI) open up attractive opportunities for creative problem-solving through human-guided AI partnerships.

Generative AI and the Nature of Work

Manuel Hoffmann, Sam Boysel, Frank Nagle, Sida Peng, Kevin Xu

HBS Working Paper, 2024

Recent advances in artificial intelligence (AI) technology demonstrate a considerable potential to complement human capital intensive activities.

Advice And The Bayesian Entrepreneur

Susan Cohen, Rembrand Koning

HBS Working Paper, 2024

Bayesian entrepreneurship starts from the premise that entrepreneurs’ beliefs guide their theorizing, experimentation, and choices (Agrawal et al., n.d.).

Using The Crowd As An Innovation Partner

Kevin J. Boudreau, Karim R. Lakhani

Article, 2024

From Apple to Merck to Wikipedia, more and more organizations are turning to crowds for help in solving their most vexing innovation and research questions, but managers remain understandably cautious.

A Field Experiment On Search Costs And The Formation Of Scientific Collaborations*

Kevin J. Boudreau, Tom Brady, Ina Ganguli, Patrick Gaule, Eva Guinan, Anthony Hollenberg, and Karim R. Lakhani

Article, 2024

We present the results of a field experiment conducted at Harvard Medical School to understand the extent to which search costs affect matching among scientific collaborators.

A Study Of NASA Scientists Shows How To Overcome Barriers To Open ...

Hila Lifshitz-Assaf, Michael Tushman, Karim R. Lakhani

Article, 2024

Porter’s Five Forces And Competitive Advantage In Web3

Scott Kominers, Liang Wu

Article, 2024

Competitive strategy — the art of crafting and executing plans to achieve an advantageous position in the market — is integral to any business, and especially relevant for platforms because it determines their ability to achieve network effects and scale.

What Makes A Successful Celebrity Brand?

Ayelet Israeli, Jill Avery, Leonard Schlesinger, Matt Higgins

Article, 2024

Celebrities have shifted from endorsing established brands to being influencers for established brands to drawing on their influence to create brands themselves.

Loyalty Programs May Limit Competition, And They Could Be Pushing Prices Up For Everyone

Alexandru Nichifor, Scott Kominers

Article, 2024

Human-Computer Interactions In Demand Forecasting And Labor Scheduling Decisions

Caleb Kwon, Ananth Raman, Jorge Tamayo

Not in a Series, 2024

We empirically analyze how managerial overrides to a commercial algorithm that forecasts demand and schedules labor affect store performance.

Dynamic Competition For Customer Memberships

Cristian Chica, Julian Jimenez-Cardenas, Jorge Tamayo

Article, 2024

A competitive two-period membership (subscription) market is analyzed.

Data-Driven COVID-19 Vaccine Development For Janssen

Dimitris Bertsimas, Michael Lingzhi Li, Xinggang Liu, Jennings Xu, Najat Khan

Article, 2023

The COVID-19 pandemic has spurred extensive vaccine research worldwide.

Introduction To The Special Section On Business And Climate Change

Rajesh Chandy, Glen Dowell, Colin Mayer, Erica Plambeck, George Serafeim, Michael W. Toffel, L. Beril Toktay, Elke Weber

Other, 2023

Enhancing Treatment Effect Prediction On Privacy-Protected Data: An Honest Post-Processing Approach

Ta-Wei Huang, Eva Ascarza

HBS Working Paper, 2023

As firms increasingly rely on customer data for personalization, concerns over privacy and regulatory compliance have grown.

How The Best Chief Data Officers Create Value

Suraj Srinivasan, Robin Seibert

Article, 2023

Despite the rapidly increasing prominence of data and analytics functions, the majority of chief data officers (CDOs) fail to value and price the business outcomes created by their data and analytics capabilities.

Reskilling In The Age Of AI

Jorge Tamayo, Leila Doumi, Sagar Goel, Orsolya Kovács-Ondrejkovic, Raffaella Sadun

Article, 2023

In the coming decades, as the pace of technological change continues to increase, millions of workers may need to be not just upskilled but reskilled—a profoundly complex societal challenge that will sometimes require workers to both acquire new skills and change occupations entirely.

Detecting Routines: Applications To Ridesharing CRM

Ryan Dew, Eva Ascarza, Oded Netzer, Nachum Sicherman

Article, 2023

Routines shape many aspects of day-to-day consumption.

Towards Bridging The Gaps Between The Right To Explanation And The Right To Be Forgotten

Himabindu Lakkaraju, Satyapriya Krishna, Jiaqi Ma

Article, 2023

The Right to Explanation and the Right to be Forgotten are two important principles outlined to regulate algorithmic decision making and data usage in real-world applications.

On The Impact Of Actionable Explanations On Social Segregation

Ruijiang Gao, Himabindu Lakkaraju

Article, 2023

As predictive models seep into several real-world applications, it has become critical to ensure that individuals who are negatively impacted by the outcomes of these models are provided with a means for recourse.

To Overcome Resistance To DEI, Understand What’s Driving It

Eric Shuman, Eric Knowles, Amit Goldenberg

Editorial, 2023

Employees often resist DEI initiatives, which of course hinders their effectiveness.

Managing Your Team’S Emotional Dynamic

Amit Goldenberg

Editorial, 2023

Collective emotion, when a group of people shares an emotion, is often stronger than a single individual feeling that same emotion alone.

Navigating The Jagged Technological Frontier: Field Experimental Evidence Of The Effects Of AI On Knowledge Worker Productivity And Quality

Fabrizio Dell'Acqua, Edward McFowland III, Ethan Mollick, Hila Lifshitz-Assaf, Katherine Kellogg, Saran Rajendran, Lisa Krayer, François Candelon, Karim Lakhani

HBS Working Paper, 2023

The public release of Large Language Models (LLMs) has sparked tremendous interest in how humans will use Artificial Intelligence (AI) to accomplish a variety of tasks.

Organizational Responses To Product Cycles

Achyuta Adhvaryu, Vittorio Bassi, Anant Nyshadham, Jorge Tamayo, Nicolas Torres

HBS Working Paper, 2023

Product cycles entail the mass production of new—and often increasingly complex—products on a regular basis.

Remote Work Across Jobs, Companies, And Space

Stephen Hansen, Peter Lambert, Nick Bloom, Steven Davis, Raffaella Sadun, Bledi Taska

HBS Working Paper, 2023

The pandemic catalyzed an enduring shift to remote work.

How To Seed Organic Marketing In A Video-First World

Ayelet Israeli, Leonard Schlesinger, Matt Higgins

Article, 2023

Early direct-to-consumer (DTC) companies relied on plentiful capital and low-cost digital marketing to power growth.

The Pursuit Of Profit With Purpose Requires Patience

George Serafeim

Editorial, 2023

Firm-Induced Migration Paths And Strategic Human-Capital Outcomes

Prithwiraj Choudhury, Tarun Khanna, Victoria Sevcenko

Article, 2023

Firm-induced migration typically entails firms relocating workers to fill value-creating positions at destination locations.

Life After Death: A Field Experiment With Small Businesses On Information Frictions, Stigma, And Bankruptcy

Shai Bernstein, Emanuele Colonnelli, Mitchell Hoffman, Benjamin Iverson

Non-HBS Working Paper, 2023

In a randomized control trial (RCT) with U.S.

The Strategic Use Of Corporate Philanthropy: Evidence From Bank Donations*

Seungho Choi, Raphael Jonghyeon Park, Simon Xu

2023

This article examines the strategic nature of banks’ charitable giving by studying bank donations to local nonprofit organizations.

Judging Foreign Startups

Nataliya Wright, Rembrand Koning, Tarun Khanna

Article, 2023

Can accelerators pick the most promising startup ideas no matter their provenance? Using unique data from a global accelerator where judges are randomly assigned to evaluate startups headquartered across the globe, we show that judges are less likely to recommend startups headquartered outside their home region by 4 percentage points.

Is Agenda Theater Ruining Your Meetings?

Ashley Whillans, Dave Feldman, Damian Wisniewski

Editorial, 2022

Like triaging our inboxes, clearing our Slack messages, or managing our to-do lists, preparing an agenda can make us feel like we’ve accomplished something.

Identify Critical Roles To Improve Performance

Boris Groysberg, Eric Lin, Abhijit Naik, Sascha Schmidt

Article, 2022

Putting strategy into play requires knowing your organization’s crucial roles and making sure your best talent occupies them..

Gender Equity At Work Advances At 'Glacial Pace,' New Harvard Survey Shows

Colleen Ammerman, Boris Groysberg

Article, 2022

3 Workplace Biases That Derail Mid-Career Women

Colleen Ammerman, Boris Groysberg

Article, 2022

Mid-career women are often surprised by the levels of bias and discrimination they encounter in the workplace, especially if they’ve successfully avoided it earlier in their careers.

I Don't 'Recall': The Decision To Delay Innovation Launch To Avoid Costly Product Failure

Byungyeon Kim, Oded Koenigsberg, Elie Ofek

Article, 2022

Innovations embody novel features or cutting-edge components aimed at delivering desired customer benefits.

When And How Should Firms Differentiate? Quality And Advertising Decisions In A Duopoly

Dominique Lauga, Elie Ofek, Zsolt Katona

Article, 2022

A prominent hallmark of competitive interaction is the desire to differentiate from rivals.

Not From Concentrate: Collusion In Collaborative Industries

Jordan Barry, John Hatfield, Scott Kominers, Richard Lowery

Article, 2022

The chief principle of antitrust law and theory is that reducing market concentration—having more, smaller firms instead of fewer, bigger ones—reduces anticompetitive behavior.

Climate Solutions Investments

Alex Cheema-Fox, George Serafeim, Hui Wang

Article, 2022

An increasing number of companies are providing products and services that help reduce carbon emissions in the economy.

Networking Frictions: Evidence From Entrepreneurial Networking Events In Lomé

Stefan Dimitiadis, Rembrand Koning

Not in a Series, 2022

An increasing number of companies are providing products and services that help reduce carbon emissions in the economy.

Why Decentralized Crypto Platforms Are Weathering The Crash

Shai Bernstein, Scott Kominers

Article, 2022

In the past year, crypto markets dropped from $2.9 trillion in value to around $800 billion.

Competition, Contracts, And Creativity: Evidence From Novel Writing In A Platform Market

Yanhui Wu, Feng Zhu

Article, 2022

A growing number of people today are participating in the gig economy, working as independent contractors on short-term projects.

The Pricing And Ownership Of U.S. Green Bonds

Malcolm Baker, Daniel Bergstresser, George Serafeim, Jeffrey Wurgler

Article, 2022

We study green bonds, which are bonds whose proceeds are used for environmentally sensitive purposes.

Which Connections Really Help You Find A Job?

Iavor Bojinov, Karthik Rajkumar, Guillaume Saint-Jacques, Erik Brynjolfsson, Sinan Aral

Article, 2022

Experiments involving 20 million people generated a surprising finding: moderately weak connects — and not strong connections — are the most useful in finding a new job.

Your Company Needs A Space Strategy. Now.

Matthew Weinzierl, Prithwiraj Choudhury, Tarun Khanna, Alan MacCormack, Brendan Rosseau

Article, 2022

Space is becoming a potential source of value for businesses across a range of sectors, including agriculture, pharmaceuticals, consumer goods, and tourism.

Role Of Context In Knowledge Flows: Host Country Versus Headquarters As Sources Of MNC Subsidiary Knowledge Inheritance

Mike Teodorescu, Prithwiraj Choudhury, Tarun Khanna

Article, 2022

We respond to calls in the strategy and international business literature for elucidating how multinational subsidiaries develop contextual intelligence in host countries and how they use the local context as a source of valuable opportunities for learning.

Diffusing Management Practices Within The Firm: The Role Of Information Provision

Michael Lenox, Michael Toffel

Article, 2022

Why are some firms more successful in adopting profitable environmental management practices than others? A key role of corporate managers is to encourage subsidiaries to adopt innovative practices.

Should Your Company Sell On Amazon?

Ayelet Israeli, Leonard Schlesinger, Matt Higgins, Sabir Semerkant

Article, 2022

Selling on Amazon allows brands to reach millions of consumers—but that exposure comes with costs.

A Causal Test Of The Strength Of Weak Ties

Karthik Rajkumar, Guillaume Saint-Jacques, Iavor Bojinov, Erik Brynjolfsson, Sinan Aral

Article, 2022

The authors analyzed data from multiple large-scale randomized experiments on LinkedIn’s People You May Know algorithm, which recommends new connections to LinkedIn members, to test the extent to which weak ties increased job mobility in the world’s largest professional social network.

NFT Sales: Clearing The Market, Avoiding Gas Wars

Scott Kominers, Tim Roughgarden

Article, 2022

Instead of letting the market decide the price for their primary sale offerings, many NFT projects choose to initially sell their NFTs at prices below the market-clearing level.

The Effects Of Public And Private Equity Markets On Firm Behavior

Shai Bernstein

Article, 2022

In this article, I review the theoretical and empirical literature on the effects of public and private equity markets on firm behavior, emphasizing the consequences that emerge from disclosure requirements, ownership concentration, and degree of firm standardization.

Consumer Demand With Social Influences: Evidence From An E-Commerce Platform

El Hadi Caoui, Chiara Farronato, John Horton, Robert Schultz

Non-HBS Working Paper, 2022

For some kinds of goods, rarity itself is valued.

Online Experimentation: Benefits, Operational And Methodological Challenges, And Scaling Guide

Iavor Bojinov, Somit Gupta

Article, 2022

In the past decade, online controlled experimentation, or A/B testing, at scale has proved to be a significant driver of business innovation.

The C-Suite Skills That Matter Most

Raffaella Sadun, Joseph Fuller, Stephen Hansen, PJ Neal

Article, 2022

Landing a job as a CEO today is no longer all about industry expertise and financial savvy.

Are Experts Blinded By Feasibility?

Jacqueline Lane, Zoe Szajnfarber, Jason Crusan, Michael Menietti, Karim Lakhani

HBS Working Paper, 2022

Resource allocation decisions play a dominant role in shaping a firm’s technological trajectory and competitive advantage.

Developing a Digital Mindset: How to Lead Your Organization into the Age of Data, Algorithms, and AI

Tsedal Neeley, Paul Leonardi

Article, 2022

Learning new technological skills is essential for digital transformation.

Do Startups Benefit From Their Investors’ Reputation? Evidence From A Randomized Field Experiment

Shai Bernstein, Kunal Mehta, Richard Townsend, Ting Xu,

HBS Working Paper, 2022

We analyze a field experiment conducted on AngelList Talent, a large online search platform for startup jobs.

How Market Power Affects Dynamic Pricing: Evidence From Inventory Fluctuations At Car Dealerships

Ayelet Israeli, Fiona Scott-Morton, Jorge Silva-Risso, Florian Zettelmeyer

Article, 2022

This paper investigates empirically the effect of market power on dynamic pricing in the presence of inventories.

How Does Working From Home During COVID-19 Affect What Managers Do? Evidence From Time-Use Studies

Thomaz Teodorovicz, Raffaella Sadun, Andrew Kun, Orit Shaer

Article, 2022

We assess how the sudden and widespread shift to working from home during the pandemic impacted how managers allocate time throughout their working day.

Which Corporate ESG News Does The Market React To?

George Serafeim, Aaron Yoon

Article, 2021

Using a dataset that classifies firm-level ESG news as positive and negative, we examine how stock prices react to different types of ESG news.

The Dance Between Government And Private Investors: Public Entrepreneurial Finance Around The Globe

Jessica Bai, Shai Bernstein, Abhishek Dev, Josh Lerner

HBS Working Paper, 2021

This paper examines the interaction between governments and private capital investors when financing early-stage ventures.

Do You Know How Your Teams Get Work Done?

Rohan Murty, Rajath Das, Scott Kominers, Arjun Narayan, Suraj Srinivasan, Tarun Khanna, Kartik Hosanagar

Article, 2021

In a research study at four Fortune 500 companies, when managers were asked about their teams’ work, on average they either did not know or could not remember 60% of the work their teams do.

The International Price Of Remote Work

Agostina Brinatti, Alberto Cavallo, Javier Cravino, Andres Drenik

Non-HBS Working Paper, 2021

We study how the price of remote work is determined in a globalized labor market using data from a large web-based job platform, where workers from around the world compete for remote jobs.

12 Questions About Hybrid Work, Answered

Tsedal Neeley

Article, 2021

As we move into the next phase of the pandemic, companies are grappling with whether and how to bring their employees back into the office after working from home extensively.

Accounting For Employment Impact At Scale

Adel Fadhel, Katie Panella, Ethan Rouen, George Serafeim

HBS Working Paper, 2021

Using new data on workforce composition and wages, we systematically measure the employment impact at U.S.

The Endless Digital Workday

Arjun Narayan, Rohan Narayana Murty, Rajath Das, Scott Kominers

Article, 2021

The shift to remote work ended the traditional 9–5 workday: employees work in bursts, at night, between caregiving tasks, and whenever they can find time between the endless distractions of messages, calls, and emails.

Why You Aren't Getting More From Your Marketing AI

Eva Ascarza, Michael Ross, Bruce Hardie

Article, 2021

Fewer than 40% of companies that invest in AI see gains from it, usually because of one or more of these errors: (1) They don’t ask the right question, and end up directing AI to solve the wrong problem.

What Makes An Online Marketplace Disruptive?

Clifford Maxwell, Scott Kominers

Article, 2021

Platforms like Airbnb, eBay, and Angie’s List have changed how markets work.

Trust And Disintermediation: Evidence From An Online Freelance Marketplace

Grace Gu, Feng Zhu

Article, 2021

As an intermediary improves trust between the two sides of its market to facilitate matching and transactions, it faces an increased risk of disintermediation: with sufficient trust, the two sides may circumvent the intermediary to avoid the intermediary’s fees.

ESG Performance And Voluntary ESG Disclosure: Mind The (Gender Pay) Gap

June Huang, Shirley Lu

Non-HBS Working Paper, 2020

As machine learning black boxes are increasingly being deployed in critical domains such as healthcare and criminal justice, there has been a growing emphasis on developing techniques for explaining these black boxes in a post hoc manner.

Social Skills Improve Business Performance

Stefan Dimitriadis, Rembrand Koning

Article, 2019

Recent field experiments demonstrate that advice, mentorship, and feedback from randomly assigned peers improve entrepreneurial performance.

Experimentation And Startup Performance: Evidence From A/B Testing

Rembrand Koning, Sharique Hasan, Aaron Chatterji

Article, 2019

Imagine someone places two glasses of cola on your desk, one being Coke and the other Pepsi.

Turbulence, Firm Decentralization And Growth In Bad Times

Philippe Aghion, Nicholas Bloom, Brian Lucking, Raffaella Sadun, John Van Reenen

Article, 2017

What is the optimal form of firm organization during “bad times”? We present a model of delegation within the firm to show that the effect is ambiguous.

Attracting Long-Term Investors Through Integrated Thinking And Reporting: A Clinical Study Of A Biopharmaceutical Company

Andrew Knauer, George Serafeim

2014

Agrowing number of companies are engaging with sustainability issues, driven by a greater aware -ness of environmental and social problems and a changing set of institutions and social expec -tations about the role of business in society.

A Tale of Two Stories: Sustainability and the Quarterly Earnings Call

Robert G. Eccles, George Serafeim

2013

Sustainability” has become part of the business lexicon.

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