[Assam] Harvard MBA Newsletter: Creative Entrepreneurship in a Downturn

Mon Feb 23 21:52:51 PST 2009

We might need it. Yesterday I was talking to a former colleague (at Indian Express) after a gap of 4 years atleast ( I misplaced my phonebk and he found on Facebook last week). He was worried. 

Last week he had to fire 50% of his staff - he is in media industry - which alongwith travel/torusim faces the brunt first. 

We recalled how my Yamaha bike was stolen infront of his house on Jan 5, 2000. Humously, he stuck to his notion that somehow I had made it disappear to claim insurance money (which came after 2 years of haggling - unlike in US I assume) . Later, I bought a Bullet Enfield (on Jan 13 - the following week) which (like Harley Davidson, was much less likely to be stolen-gifted to my cousin the day I boarded the plane to US. Enfield is the oldest motorbike brandname in the world. Still going strong thanks to innovation.Not?

When the Going Gets Tough
The Tough Get Going!!!

Right?

Umesh Sharma

Washington D.C. 

1-202-215-4328 [Cell]

Ed.M. - International Education Policy

Harvard Graduate School of Education,

Harvard University,

Class of 2005

http://www.uknow.gse.harvard.edu/index.html (Edu info)

http://hbswk.hbs.edu/ (Management Info)

www.gse.harvard.edu/iep  (where the above 2 are used )

http://harvardscience.harvard.edu/

http://jaipurschool.bihu.in/

--- On Mon, 23/2/09, HBS Working Knowledge <workingknowledge at hbs.edu> wrote:
From: HBS Working Knowledge <workingknowledge at hbs.edu>
Subject: Newsletter: Creative Entrepreneurship in a Downturn
To: jaipurschool at YAHOO.COM
Date: Monday, 23 February, 2009, 9:36 AM

HBS Working Knowledge Newsletter

Highlights this Week

Creative Entrepreneurship in a Downturn
Working paper: Dishonest Deed, Clear Conscience
Working paper: When Does Domestic Saving Matter for Economic Growth?
What Do You Think? Why Can't We Figure Out How to Select Leaders?

==============================

New on the Site

Creative Entrepreneurship in a Downturn
http://hbswk.hbs.edu/item/6118.html

Entrepreneurs, take heart. True, the global economic malaise removes opportunities and precious resources—but also adds them in new and interesting ways, argues HBS senior lecturer Bhaskar Chakravorti. In this Q&A he identifies reasons for optimism, and shows how entrepreneurs can think differently about bad news.

Working paper: Dishonest Deed, Clear Conscience—Self-Preservation through Moral Disengagement and Motivated Forgetting
http://hbswk.hbs.edu/item/6112.html

Download the PDF. Why do people engage in unethical behavior repeatedly over time? In Everybody Does It! (1994), Thomas Gabor documented the pervasive immorality of ordinary people. This common tendency of people to justify and distance themselves from their unethical behavior has captured the attention of several psychologists, and a long stream of research has documented differences in the way people think about their own ethical behavior and that of others. Harvard Business School's Lisa Shu and Max Bazerman, with colleague Francesca Gino, show that seemingly innocuous aspects of the environment can promote the decision to act ethically or unethically.

Working paper: When Does Domestic Saving Matter for Economic Growth?
http://hbswk.hbs.edu/item/6109.html

Download the PDF. The researchers begin with a simply stated question: Can a country grow faster by saving more? Long-run growth theories imply that a country can grow faster by investing more in human or physical capital or in R&D, but that a country with access to international capital markets cannot grow faster by saving more. Domestic saving is therefore not considered an important ingredient in the growth process because investment can be financed by foreign saving. From the point of view of standard growth theory, the positive cross-country correlation between saving and growth that many commentators have noted appears puzzling. HBS professor Diego Comin and colleagues develop a theory of local saving and growth in an open economy with domestic and foreign investors.

What Do You Think? Why Can't We Figure Out How to Select Leaders?
http://hbswk.hbs.edu/item/6103.html

Online forum open through Thursday, February 26. All good leaders teach as well as learn, says HBS professor Jim Heskett. Is it possible with any degree of confidence to select people for certain leadership jobs? What do you think?

First Look: New Research by HBS Faculty
http://hbswk.hbs.edu/item/6110.html

How media firms can do better pricing …  The desirability of level playing fields in international financial regulation …  Case: Responding to the Wii?

Most Popular Stories

Uncompromising Leadership in Tough Times
http://hbswk.hbs.edu/item/6108.html

Marketing Your Way Through a Recession
http://hbswk.hbs.edu/item/5878.html

What's Good about Quiet Rule-Breaking
http://hbswk.hbs.edu/item/6078.html

Working paper: Goals Gone Wild—The Systematic Side Effects of Over-Prescribing Goal Setting
http://hbswk.hbs.edu/item/6114.html

Why Can't We Figure Out How to Select Leaders?
http://hbswk.hbs.edu/item/6103.html

Best of Faculty Q&As
Industry Self-Regulation: What's Working (and What's Not)?
http://hbswk.hbs.edu/item/5590.html

Elsewhere at Harvard Business School

HBS Economic Crisis Web Site
http://www.hbs.edu/economic-crisis/

Read the latest insights from HBS faculty on the unfolding global economic crisis.

The Women's Leadership Forum: Innovation Strategies for a Changing World
http://www.exed.hbs.edu/redirects/wlf_wk/

HBS Executive Education Program

April 13–18, 2009

Marketing of Innovations: Developing Effective Strategies for Launching New Products
Leadership for Senior Executives
http://www.exed.hbs.edu/redirects/mi_wk/

HBS Executive Education Program

April 19–22, 2009

The Global Negotiator: Reaching Agreement across Borders and Cultures
http://www.exed.hbs.edu/redirects/tgn_wk/

HBS Executive Education Program

May 3–6, 2009

Agribusiness Seminar: An Asian Offering
http://www.exed.hbs.edu/redirects/agbi_wk/

HBS Executive Education Program

May 10–13, 2009

Harvard Business Publishing
http://harvardbusinessonline.hbsp.harvard.edu/hbsp/index.jsp?

Visit Harvard Business Publishing, the Web site of Harvard Business School Publishing. Here you'll find articles from the latest issue of Harvard Business Review, new book releases from Harvard Business School Press, HBR IdeaCast—the biweekly podcast featuring breakthrough management ideas and commentary from the editors and authors of Harvard Business School Publishing—HBS case studies, and much more.

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