Managing teams in the creative industries—which contribute over $700 billion to the US economy—is often compared to herding cats. Some argue that formal leadership can enhance creativity by directing and synthesizing the work of others. However, the presence of formal leaders may impede the self-organization that fuels creativity in creative teams. An alternative is for the team to rely on "network leaders," who lack formal authority but are influential because of their centrality in the broader field.
Imagine two companies that produce clothing – one uses 50% less water in manufacturing than the industry average, and the other disposes 50% less water than the industry average.
We’ve all felt the sluggish feeling each Spring when 1.6 billion humans around the world “spring forward” and move their clocks one hour ahead as part of Daylight Savings Time (DST). But surely this sleepy feeling is only for simple day-to-day activities, not higher stakes decisions like investing for one’s retirement. Not according to Tyler Kleppe’s research examining how DST affects investors’ reactions to corporate earnings news.
LEXINGTON, Ky. (Feb. 21, 2024) — As Jonathan Richardson loads up the back seat of his car with pizza boxes, he can see his breath leaving his body. Temperatures in the Bluegrass have officially dropped below freezing, but that does not slow Richardson down. If anything, it pushes him forward. He secures the boxes in the back seat, and heads downtown to the Fayette County Courthouse. Once he arrives, he sees there is already a small crowd forming. He knows they are waiting for him, and he springs into action.
A collaborative effort between the James B. Beam Institute for Kentucky Spirits, the Gatton College of Business and Economics at the University of Kentucky and the DISCUS Academy is an opportunity for stakeholders in the distilled spirits industry to reassess their business leadership skills. The James B. Beam Institute is housed in the Martin-Gatton College of Agriculture, Food and Environment.
LEXINGTON, Ky. (Nov. 29, 2023) — It’s an iconic episode of "Seinfeld" — Jerry tries to return a jacket and when asked why, he replies, “spite.” In fact, he goes on to explain, he didn’t care for the person who sold it to him. Unsurprisingly, the salesperson states that “spite” isn’t an acceptable condition for a refund. Maybe Jerry was a bit too honest. But you ever been caught in a similar situation — wanting to return an unwanted item for an unjustified reason?
It is with great sadness that the University of Kentucky’s Gatton College of Business and Economics announces the passing of our friend, Dr. M.S. Vijayaraghavan.
LEXINGTON, Ky. (Nov. 20, 2023) — ‘Tis the season to shop, and we’re just four days away from one of the biggest shopping events of the year. Black Friday is marked by scores of stores offering discounted merchandise marketed as “steals.” Yet, this year, many consumers are opting to get their shopping done before Thanksgiving — suggesting they may not find the sales event as beneficial as in the past. You might also be wondering, are Black Friday deals worth the hype?
By Lindsey Brinkley
