Harvard Business School Working Knowledge

Established in 1999, Harvard Business School Working Knowledge bridges the gap between the School's innovative research in business management and its application by professionals, thought leaders, and scholars. It offers insights into the latest concepts across over 100 business topics and sectors, often ahead of their adoption in mainstream practices. Besides our website, Working Knowledge also shares content through social media and various partnerships for content distribution.

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Layoffs Surging in a Strong Economy? Advice for Navigating Uncertain Times

Nov 1, 2024 | hbswk.hbs.edu | Rachel Layne

From tech to media to management consulting firms, layoffs are back. Downsizing during a healthy economy can help lay the foundation for efficient growth or make space for new roles that harness newer technology, such as artificial intelligence. Companies such as Dropbox and Intel have also announced staff cuts in reaction to slowing or declining demand.
Research-Based Advice for the Seasonally Overwhelmed and Schedule Challenged

Oct 4, 2024 | hbswk.hbs.edu | Rachel Layne

Stop multitasking. Budget your time. Put down your phone. From juggling your family’s personal commitments to urgent work projects, the start of a new academic year can bring seasonal overwhelm. But it can also offer an opportunity to reflect: How to do things better, achieve more balance, and set more meaningful priorities at work and at home.
Why Small Businesses Deserve More Credit

Sep 24, 2024 | hbswk.hbs.edu | Rachel Layne

It’s Wall Street doctrine that small firms struggle to raise capital at reasonable rates and are often rejected for credit lines and loans because banks think their risk profile is too high. “If you really want to drive investment, targeting those firms that look like they have financial slack could lead to substantial growth.” But new research suggests that small businesses are far more fiscally conservative than banks realize.
Global Talent, Local Obstacles: Why Time Zones Matter in Remote Work

Sep 19, 2024 | hbswk.hbs.edu | Michael Blanding

Remote work is giving companies new opportunities to tap additional markets and talent pools. However, a global workforce also brings a challenge: As some employees are getting up in the morning, others are winding down their workday.
The Climate Targets Leaders Need to Know as Regulations Loom

Sep 17, 2024 | hbswk.hbs.edu | Rachel Layne

As investor pressure mounts on companies to show their environmental impacts, leaders are encountering an unwieldy tangle of terms and approaches. Climate accounting and a dictionary of sorts can help demystify the calculations and voluntary targets that companies need to know now, says Michael Toffel, the Senator John Heinz Professor of Environmental Management at Harvard Business School.
Can AI Match Human Ingenuity in Creative Problem-Solving?

Aug 26, 2024 | hbswk.hbs.edu | Michael Blanding

When ChatGPT and other large language models began entering the mainstream two years ago, it quickly became apparent the technology could excel at certain business functions, yet it was less clear how well artificial intelligence could handle more creative tasks.
Reading the Financial Crisis Warning Signs: Credit Markets and the 'Red-Zone'

Aug 21, 2024 | hbswk.hbs.edu | Rachel Layne

A year ago, most experts thought the US economy was thundering headlong toward recession, as the Federal Reserve moved at a historic pace to slow inflation by bridling interest rates. Yet, despite recent tremors in the stock market, no recession has materialized. Part of the reason may be stock and credit market dynamics—and investor behavior.
Why Competing With Tech Giants Requires Finding Your Own Edge

Aug 20, 2024 | hbswk.hbs.edu | Feng Zhu

The following is an excerpt that was adapted and lightly edited from chapter nine of Smart Rivals: How Innovative Companies Play Games That Tech Giants Can't Win, written by Feng Zhu and Bonnie Yining Cao and published August 20, 2024. In today's global digital and tech business landscape, traditional businesses may struggle to adapt to the constantly changing nature of ecosystem strategies.
Election 2024: What's at Stake for Business and the Workplace?

Aug 16, 2024 | hbswk.hbs.edu | Rachel Layne

In a US presidential election year with more twists and turns than most in recent memory, many of the issues on the ballot impact business. And keeping politics in the workplace respectful is forefront on managers’ minds as a divided nation prepares for weeks of potentially rancorous discourse. Ahead of the Democratic National Convention, HBS Working Knowledge gathered insights from Harvard Business School faculty about what’s at stake for companies, and how the election might impact workplaces.
Watching for the Next Economic Downturn? Follow Corporate Debt

Aug 5, 2024 | hbswk.hbs.edu | Rachel Layne

What really fuels a boom-and-bust cycle in the modern global economy? It’s not always household debt, says a new paper that parses in-depth data across 115 countries. Instead, rising corporate debt may flash the clearest warning that a fiscal crisis is on the horizon. In recent years, experts focused on housing and household debt for good reason: In the United States, a residential housing loan collapse touched off the deep financial crisis of 2008.