on entrepreneurial hearts and minds
Entrepreneurial Thinking (part 1)
When faced with a problem or opportunity, we can think in two ways: System 1 thinking relies on instinct, rules of thumb, and gut feel, it is fast, intuitive and effortless; System 2 thinking is slower, more deliberate, and involves working through a problem systematically, analyzing alternatives and planning the optimal way to reach a [...]
Read more »Do social networks influence performance appraisals?
Here is a question: when it comes to the performance ratings you receive does it, or should it, matter who you are connected to at work? Intuitively we would expect that certain powerful friendships could influence how you are rated, but surprisingly, there has been very little actual research that tries to uncover the impact [...]
Read more »Social networks build employee commitment
How can you make sure your employees will be entrepreneurial on your behalf? Discretionary behaviors, going above and beyond the call of duty to please a customer, or to develop an innovative idea, are at the core of an organization’s ability to build an ‘entrepreneurial orientation’. Your organization won’t be innovative and proactive without your [...]
Read more »Who are the intrapreneurs?
You have a problem. Your organization has been around a few years now. You had some great successes starting out. Your products and services were popular and your company has grown very steadily over the years. But now you are facing new competition from several directions. Start-ups with a completely different approach to your industry; [...]
Read more »I want your brains
My research lab is studying how entrepreneurs think. We do this using what are called ‘behavioral experiments’ or ‘behavioral decision making’ studies. Essentially, we present our study participants (‘subjects’) with some stimulus information and then ask them to make decisions, choose actions, or answer questions. While these kind of studies may seem abstract, they can [...]
Read more »Social Math
Fairness, trust, commitment, are all essential social variables that serve as foundations for effective organizations, whether new or established. But what is the basis for your commitment to your employer, or for your team’s commitment to you? What logic do you use to evaluate fairness? According to one perspective (Relational Models Theory, developed by Alan [...]
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