Twitter's new CEO, Jack Dorsey, is wasting no time in making changes. This week the social networking company laid off 336 people, or 8 percent of its workforce. In his spare time, Dorsey will continue running Square, which offers software and credit card readers to retailers. How can one person serve as CEO to two companies? Smith School management professor Paulo Prochno says there are precedents.
When a company promotes a woman to its top management team for the first time, you might expect the following to happen: The company grows comfortable with women in positions of power, women perceive new career paths and the movement toward gender equity snowballs.
Economists point to rural Africa, India, China and Eastern Europe as the next big frontiers for multinational corporations. But to be successful in rural developing markets, companies need to customize their approach to the local market in all aspects of their business strategies.
Smith School professor Debra Shapiro started a one-year term as president of the Academy of Management during the professional association’s annual meeting Aug. 7-11, 2015, in Vancouver, British Columbia, Canada.