Knowledge@Wharton

As a group, they are “sober, industrious and driven by money,” reports the Wall Street Journal, but also “socially awkward and timid about taking the reins.” They are risk-averse and more diverse, says Inc. magazine. Forbes says they “want to work on their own and be judged on their own merits rather than those of […]

When America’s biggest bank, JPMorgan Chase, hired Apoorv Saxena in August 2018 as its global head of AI and machine-learning services based in San Mateo, Calif., finance industry watchers saw that as a sign that the bank was making a big bet on artificial intelligence to shape its future strategies. Saxena previously headed product management […]

Historically, the boss typically has been older than the staff. But in the last few decades, several trends converged that made it more common for employees to have younger managers. One catalyst is the shift from seniority-based promotions toward those based on merit, according to a research article in the Journal of Organizational Behavior. Also, […]

Silicon Valley is synonymous with cutting-edge startups that offer a progressive workplace culture forged by young people who demand greater job satisfaction than the previous generation. Have these companies cracked the code of work-life balance? Hardly, says journalist and author Dan Lyons. His new book, Lab Rats: How Silicon Valley Made Work Miserable for the […]

When sales are down and the quarterly report is due, a common strategy for retailers to boost profits is to cut labor. Payroll is the second-largest expense for most stores, so reducing associates’ hours is a fast, easy way to make the numbers work. But this quick fix is “business school thinking gone wrong,” according […]

The private equity industry in India has evolved over the past two decades from nascent levels to a size and sophistication that global investors find attractive. PE investors in the country also find it encouraging that more teams of professional managers are available than earlier to run the businesses they target. Outcomes at those companies […]

Facebook, Twitter and Instagram get all the headlines, but there’s another social media site that’s just as important and widely used: Reddit, which bills itself as the “front page of the internet,” boasts more than 330 million users. Unlike other sites, Reddit allows its users, known as redditors, to curate news for others in the […]

A university is an environment of dizzying complexity because of its mission — teaching, learning, research and service — and a culture shaped by diverse stakeholders. That is why the university presidency is the ultimate test of leadership. CEOs can learn a lot from their counterparts in academia, according to this opinion piece by Scott […]

Any country that wants to improve its brand image must offer a superior quality of life, with a high degree of cleanliness and safety, and a progressive business environment. However, it doesn’t help if a nation is seen as untrustworthy in global trade and politics, or if it makes poor or unreliable products. Those are […]

Knowledge@Wharton: Everywhere you turn you see something that has been affected by energy in one form or another. Richard Rhodes: Our entire society has developed over the centuries because of access to energy. There’s a graph I sometimes use when I’m speaking to audiences that shows energy electricity usage per capita in relation to life […]