North Korean entrepreneur. That might sound like an oxymoron, but AOM scholars describe a growing
“gray market” in the Hermit Kingdom, as well as North Korean graduate students envisioning
their own entrepreneurial prospects.
Many leaders in the tech industry and beyond have embraced efforts to share errors and failures to fuel learning
and innovation. New research reveals the specific ways in which leaders can effectively communicate about
their failures.
Women are increasingly advised to negotiate for higher pay as they climb the career ladder. But forging agreements
for professional development and expanded authority can be more important than negotiating salary and benefits
over the long haul.
New findings about the impact of career disruption on self-image can be applied beyond athletes to leaders
in other arenas. Think of the executive who is fired from the company she led, the entrepreneur whose startup
fails, or the military officer who is suddenly a civilian.
Business leaders should not have to wince at the thought of a departing CEO's severance details hitting the
news. Tailoring a severance package to individual CEO needs and the organization’s situation before
the hire may help avoid pitfalls such as bad press and outcries from shareholders.
