Why Short-Termism Is Shortsighted
Are companies too focused on quarterly earnings at the expense of long-term strategy? According to new research from the University of Maryland’s Robert H. Smith School of Business, the answer is a resounding “yes.”
Strategic Management Journal
Show Your Work: A Plea For Better Research Methods
A new paper from the University of Maryland’s Robert H. Smith School of Business makes the argument that management researchers should show more data in their work and use a simple graphical tool to dramatically improve the quality and speed of both empirical and theoretical work.
Leadership Lessons from Japan’s Cotton Spinning Industry
When it comes to a company’s success, many have wondered whether it’s better to have one strong leader at the top or several leaders sharing the responsibilities. Leadership in firms that became enormously successful in the early Japanese cotton spinning industry might have the answer, according to new research from Maryland Smith, published in the Strategic Management Journal.
Why Critics Don’t Pan Blockbusters… At Least Not Right Away
Ever wonder why the new releases of the most-hyped movies and video games always seem to be met with glowing reviews from critics? According to new research from Maryland Smith management professor David M. Waguespack, it’s not a coincidence.
History’s Top Innovators: Genius or Luck?
When Henry Ford shifted production solely to the Model T, it was a decision shrouded in risk. This level of experimentation was common in the automobile industry at this time, but what separated the greats, like Ford, from the rest happened to be quite a bit of luck, says new research from Maryland Smith.
Machine Learning Has a Flaw. It’s Gullible.
Artificial intelligence and machine learning technologies are poised to supercharge productivity in the knowledge economy, transforming the future of work.
But they’re far from perfect.
Why Winners Learn To Share Power
Some startups bet everything on a single visionary founder. But new research from the University of Maryland's Robert H. Smith School of Business suggests shared leadership is a better option — if top management teams can work together without all the drama that sometimes triggers high-profile departures.
Why Real Individualists Work Together
People love stories about determined entrepreneurs who work alone until they achieve success. But research from the University of Maryland’s Robert H. Smith School of Business shows that an isolationist mindset is more likely to sink an enterprise than save it in the real world.
Early Auto Racing And Firm Survival
The automobile circa 1895 was perceived as a new, dangerous invention and a plaything of the rich. So the earliest auto races were essentially reliability trials, which morphed into mass-marketing opportunities for competing automakers. As Henry Ford recounted in 1922: “That ‘Model B’ — the first four‐cylinder car for general road use — had to be advertised. Winning a race or making a record was then the best kind of advertising.”
Trapped But Not Lost With Limited Mobility
Nobody likes to feel trapped. But employees benefit in certain ways when two factors combine to pin them in place, making it harder for them to exit their organizations with intellectual and social capital. New research co-authored by Evan Starr at the University of Maryland’s Robert H. Smith School of Business shows that employees tethered to their firms by noncompete clauses and nontransferable skills receive more on-the-job training and often get hired with less experience.
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