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Cambridge handbook open strategy | Strategic management | Cambridge University Press

Cambridge handbook open strategy | Strategic management | Cambridge University Press
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How the Afterglow of Victory Boosts Future Performance

Seeing colleagues succeed may make us feel more motivated

Seeing colleagues succeed may make us feel more motivated Carey Business School s Christopher Myers discusses new findings that exceptional success like failures inspire us to learn from others experiences Credit: Getty Images May 7, 2021 Observing the success of a colleague can motivate us to learn more and perform at a higher level. But when we perceive that a peer s accomplishment has risen above the usual standard of good work and can be rated an exceptional success, our motivation to learn is even greater, states a new paper co-authored by Johns Hopkins Carey Business School Assistant Professor Christopher Myers, who is an expert in organizational behavior.

Health insurance sludge costs US economy billions of dollars

Administrative “sludge” in health insurance costs employers and the economy billions of dollars in squandered work time, employee stress, absenteeism, and reduced productivity, according to a new study. It seems everybody has a horror story about health insurance: Kafkaesque debates with robotic agents about what is and isn’t covered. Huge bills from a doctor you didn’t know was “out of network.” Reimbursements that take months to process. It’s no secret that health care in the United States is tangled in wasteful red tape. A study in 2019 estimated that administrative complexity was the single biggest source of waste in health care bigger even than fraud or over-pricing and imposes an annual cost of $265 billion.

Leaders valued over managers, regardless of fit

Date Time Leaders valued over managers, regardless of fit Leaders tend to be loved more than managers, reflecting an implicit societal bias that may be tempered by thinking critically about it, new Cornell-led research suggests. Romanticization of leadership over time has put decision-makers at risk of overvaluing prototypical leaders – who are seen as inspiring and motivating – even in situations calling for prototypical management skills such as hiring, supervising and budgeting, according to Kevin Kniffin, assistant professor in the Charles H. Dyson School of Applied Economics and Management, part of the Cornell SC Johnson College of Business and the College of Agriculture and Life Sciences.

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