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What is the Role of a CEO?
The role of CEO or the chief executive officer is very coveted and one of the ultimate goals or achievements for many executives. While everyone wants to be a CEO, not everyone is clear about everything a CEO does, exactly.Let us start with who a&nbs
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Creating an Environment for Business Success
Social psychologists focus on the external circumstances that affect the behavior of individuals. Like their environments. Creating an environment that is strong and helps to move people in the direction of their goals.Revisiting Kurt Lewin’s idea
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How Do Antitrust Charges Fare Against Big Tech Companies?
Over 20 years ago, in 1998, the United States government filed antitrust charges against Microsoft. Now, with a new Department of Justice antitrust case filed against Google, researchers have found similarities between these two cases.On this episode
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Human Psychology is Behind the Success of Premium Prices
According to Chicago Booth’s Alex Imas and London School of Economics’ Kristóf Madarász people are ready to pay premium prices of 50% and sometimes even more for the idea of exclusivity. Premium prices on luxury cars, liquors, and fashion are m
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The Lack of Patience Among Patients
People’s patience can be shaped by the context in which they are being asked to wait as much as by their inherent stoicism.Research by Chicago Booth PhD student Annabelle R. Roberts, Booth’s Ayelet Fishbach, and University of California at Los An
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The Role of a CFO
The role of a CFO has changed over time. And over time their job has become more challenging and more demanding. A CFO or a chief financial officer is a position that is always under a lot of pressure to cut costs and grow revenue. Their job is const
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