Run on East Side Bank, N.Y. 1912 February 16. Bain News Service via Library of Congress.

Why Boards Go Wrong: “It’s the Group, Stupid!”

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Back in 2005, the Brooklyn Law Review published the papers from the Corporate Misbehavior by Elite Decision-Makers Symposium, which Brooklyn Law School apparently held. Harvard’s Rakesh Khurana & Katharina Pick contributed a social-psychological look at how boards of directors of corporations can go wrong through social or group processes and how the current spate of “control the directors” changes have …

Employees at Mid-Continent Refinery [ca. 1943 Tulsa, OK (LOC). By John Vachon]

Jim McCarthy’s Core Commitments

Forrest ChristianOrganizations 4 Comments

I’ve been reading Jim McCarthy’s materials lately. He used to be in charge of the Visual C++ group at Microsoft. His work there was nothing short of phenomenal: MS-VC++ came out of nowhere and demolished its long-time rival. Sure, MS has scads of cash but that wasn’t the whole picture. Borland went from 85% marketshare to nothing in a very …