A Match Made Online: Crowdfunding and Philanthropy

Online platforms have increased both reach and competition in the nonprofit sector in the past 10 years. The value of recurring donors is large, and organizations are eager to increase the lifetime value of those who contribute. GlobalGiving is a nonprofit providing a global crowdfunding platform through which donors can give to grassroots charities — it allows their 2,800+ nonprofit... CONTINUE READING

3 Keys to Project Management: Lessons From the 21st Century Battlefield

Most any professional can attest to the fact that bringing a project to fruition can be a battle. Managing it well, a victory. Project management is a vital competency across industries; as the Project Management Institute defines project as “a temporary endeavor undertaken to create a unique product, service or result,” that covers a fairly wide swath of organizations. For any business... CONTINUE READING

What’s the Real Purpose of Annual Employee Reviews?

A Truth Universally Acknowledged Everyone hates performance reviews. The traditional annual performance review has been a standard management practice since World War II. Over this time, it was seen as a necessary evil, viewed by some as the gold standard of accountability, and in some cases, it was the first step of the “rank and yank” — the practice of ranking employees and... CONTINUE READING

The Business of Ethics: How to Ask the Right Questions

During a psychology experiment, you’re instructed to repeatedly press a button that shocks someone in another room, despite their increasing protests. Would you continue pressing the button as they cried out? Surprisingly, 64 percent of us would. That number comes from psychologist Stanley Milgram’s famous 1960s experiment studying tensions between conscience and deference to... CONTINUE READING

How to Be Cool

Coolness, by its nature, is ephemeral, elusive and ever-evolving. People’s concept of cool might best be encapsulated by Supreme Court Justice Potter Stuart’s infamous phrase, “I know it when I see it.” In the marketplace, coolness excites consumers, steers purchase behaviors and dictates trends. Coolness is something wanted by most and valued by consumers and marketers alike, but... CONTINUE READING

A Good Fit? LEGO and Warner Bros.

In 2008, Danish toymaker LEGO was building on recent success. Under the leadership of Jorgen Knudstorp, its revenue growth for the past year was around 20 percent, and the following year would bring the growth phase of his long-term strategy, which involved investment in production capacity and marketing. Knudstorp had brought the company back from the brink of bankruptcy several years ago.... CONTINUE READING