Is it time to rethink the way we assess job applicants? A recent review of 81 workplace studies suggests that it is. In it Chad Van Iddekinge of Florida State and his colleagues found only a very weak relationship between workers'' experience at previous employers and their performance on the job.

In an era when businesses increasingly have to depend on their suppliers to lower costs, improve quality, and drive innovation, traditional contracts don''t work. They often undermine the partnerlike relationships and trust needed to cope with external uncertainty. The remedy is to adopt a totally different kind of arrangement: a "formal relational contract" that creates a flexible framework designed to foster collaboration in complex .....more

Karl Jan Erick Hummel had founded Paradigm Capital Value Fund in 2007 together with Columbia Business School Professor Bruce Greenwald, an expert in value investing and now chairman of the fund. The fund followed the principles of value investing to their target universe: publicly traded companies with market capitalization between 100 million and 4.5 billion based in Germany, the Nordic countries, the U.K., and Ireland. Hummel and Greenwald .....more

Zillow Group launches an ibuyer program to buy and sell physical homes. Founded in 2005, Zillow had become the leading online real estate and home-related marketplace. The brand was recognized as a trusted resource for players in the real estate market, providing information and transparency on home prices. Revenue, which was historically derived primarily from advertising fees paid by realtors and mortgage lenders, totaled $1.3 billion in 2018. .....more

Netflix Top Picks, Amazon recommendations, the iTunes Genius button. They all have one thing in common: they are driven by clever algorithms that use a technique known as collaborative filtering. Often used in machine learning operations, collaborative filtering is the process by which a firm like Netflix generates predictions about a single user''s preferences using data taken from a large number of users. This technical note offers an overview .....more

In early 2019, Spotify announced an operating profit of 94 million for the fourth quarter of 2018. The world''s largest streaming company was approaching profitability for the first time, after a decade of massive losses. Previously a staggering increase in revenue, which exceeded $5 billion at the end of 2018, had failed to get it out of the red. By the late 2010s, streaming had become the way to consume music, fueling the first global sustained .....more

The case describes how a loss-making ferry company was brought back to financial health, modernised and recapitalised in less than two years, amidst a context of political pressure, stakeholder hostility and a 600 million fine from the European Union. The Soci t Nationale Maritime Corse M diterran e (SNCM) was sinking under the weight of French blockades and belligerent unions. Ferries were hijacked and a million people took to the streets .....more

This case describes the two leading environmental NGOs: WWF and Greenpeace. It discusses these organizations'' different approaches to the preservation of the Arctic Ocean. It asks to what extent these two organizations, with very similar goals but very different strategies, should collaborate. First, the case allows for analysis and debate of the workings of the nonprofit sector by placing its focus on two very large nonprofit organizations .....more

On May 9th, 2018, in an extraordinary upset, Mahathir Mohamad again became Malaysia''s Prime Minister. Najib Razak, who had headed the government since 2009, had been swept up in the 1MDB scandal - perhaps the biggest state-corruption incident in history. Although Malaysia''s growth had remained solid since the financial crisis, the scandal undermined the budget, the country''s debt position, and foreigners'' willingness .....more