To Make Your Organization Resilient, Think Like a Family Business
The ups and downs of economic cycles take most companies for dangerous roller-coaster rides, but family firms weather crises much better than their competitors. That's because they focus on resilience rather than on immediate performance. At a time when the global economy seems to experience crisis after crisis, lessons can be drawn from family firms, or non-family ones that behave (and survive) like them.
Qatar More Resilient to Crises Thanks to Fast-Growing Entrepreneurial Ecosystem
Qatar may have been significantly more resilient to the shock of the COVID-19 pandemic than other countries, thanks to its experience of economic blockade and a fast-growing digital entrepreneurship ecosystem that is actively transforming the country’s economy. This is the principal finding of a compelling new study led by Allan Villegas-Mateos, Research Associate at HEC Paris in Qatar.
When Design Thinking Clashes With the Existing Business Culture
Increasingly firms are seeking new methods to stimulate creativity in a fast-moving business climate. Many turn to design thinking — but with mixed results. New research sought to find out why this practice is successful for some companies and less so for others. A culture clash may be at the heart of many difficulties.
Gender Difference on Crowdfunding Platforms: What Pitches Work?
On prosocial crowdfunding platforms such as Kiva, which benefit low-income entrepreneurs, women-led campaigns tend to be significantly more successful than men's. To find out which specific gender dynamics explained this difference, HEC Paris professor Santosh B. Srinivas sought to sort out gender differences in the justifications for funding requests entrepreneurs made on the site.
Building Back Better: Why Gender Diversity Needs to Be at the Heart of the Innovation Agenda
Innovation thrives in teams where diverse thinking is not only encouraged but proactively encouraged. Gender diverse teams are shown to have improved performance. Despite the evidence demonstrating the impact of diversity, we still witness mixed reactions to gender diverse teams with the situation exacerbated following the pandemic. As organizations are rebuilding after the initial waves of the pandemic, we focus on why gender diversity needs to be at the heart of this transformation.
Including and Managing Diversity: Interview with Researchers
In this interview with Knowledge@HEC, a dozen of professors and Ph.D. students from HEC Paris share the key findings of their latest research on diversity and inclusion. They also share insights for managing one’s career in challenging contexts and give analysis on how education and the new generations can change the workplace culture.
Yes, Social Entrepreneurship Training Works
Social entrepreneurship is characterized by a deep commitment to a social cause and the desire to develop new business models with economic, social, and ecological impacts. But can people be trained to become better at social entrepreneurship? HEC Paris Professors Thomas Åstebro and Florian Hoos found that social entrepreneurship training works, but only if carefully designed.
Space Industry Faces Deep Transformations Post-COVID-19
The image of a Falcon rocket topped by the Crew Dragon capsule designed and manufactured by private company SpaceX as part of a NASA mission, has struck world public opinion in May 2020. Like its landing in the Gulf of Mexico a few weeks later, in early August. It illustrates the profound changes that have affected the space industry in recent years. In this article, Professor of international business law Lucien Rapp describes the transformation of the space industry and the strategies developed to enter the space market, as well as the challenges of its privatization for the future of the industry.
How Unemployment Insurance Can Foster Business Dynamism
Research by Johan Hombert (HEC Paris) recently published in The Journal of Finance shows that well-designed unemployment insurance is key to foster business dynamism. As unemployment is surging in the wake of COVID-19, the post-crisis policy toolkit should take special care of the design of unemployment insurance.
The 4 Key Stages of Idea Creation in the Creative Industries
Despite the romantic view that artistic genius and organizations are at odds, creativity alone doesn't generate full-blown creations. The creation process needs to be managed so as to translate ideas into new movies, perfumes or novels, and bring them to the market. HEC Paris's Thomas Paris carried out ten in-depth case studies of businesses from the movie industry to haute cuisine and along with Sihem Ben Mahmoud-Jouini, identified the four key stages of the creative process.