25.07.2013 Views

10 new gurus you should know - Morningbull

10 new gurus you should know - Morningbull

10 new gurus you should know - Morningbull

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

<strong>10</strong> <strong>new</strong> <strong>gurus</strong> <strong>you</strong> <strong>should</strong> <strong>know</strong><br />

You've heard of Peter Drucker, Jim Collins, and C.K. Prahalad. Here we introduce<br />

the next generation of management experts who are changing the way business gets<br />

done.<br />

BJ Fogg<br />

Silicon Valley.<br />

"Persuading people through technology is the next social<br />

revolution. Facebook demonstrates just how powerful it<br />

will be." -BJ Fogg<br />

Founder and director, Persuasive Technology<br />

Lab, Stanford Univ., Palo Alto<br />

Big Idea: Mobile technology will be the most<br />

powerful way to influence consumers in the<br />

next 15 years.<br />

Clients: Procter & Gamble, Nike, AARP<br />

When Fogg began studying how technology<br />

could influence behavior back in 1992, he<br />

faced some resistance to his ideas. But today<br />

he's one of the most sought-after thinkers in<br />

In his lab at Stanford, Fogg, 45, researches how Web site or cell-phone design can impact<br />

consumers. While he's applying his findings to companies like eBay (where he's working to<br />

improve customer service) and Nike (where he has helped simplify its sports technology line),<br />

he's sharing insights with Stanford undergrads. In one of his courses on Facebook, students<br />

are asked to create applications that persuade other users on the popular Web site.<br />

Patrick Lencioni<br />

Founder, the Table Group, Lafayette, Calif.<br />

Big Idea: Most executives don't realize that the<br />

internal health of a company is key to its<br />

success.<br />

Clients: McKesson, San Diego Chargers<br />

Lencioni's books, which feature fictional<br />

characters facing up to organizational problems,<br />

aren't about to win any academic prizes. That's<br />

fine with him. He thinks people seek simple<br />

solutions to complex issues.<br />

A former Bain consultant and HR exec at


Oracle, Lencioni, 43, started his business in 1997 because his felt most consultants ignored<br />

organizational health. His eight books, including The Five Dysfunctions of a Team and Death<br />

by Meeting, have sold a combined 2.5 million copies, and Lencioni earns $55,000 a speech.<br />

At Southwest Airlines he was the first outsider to work with the executive team in 12 years. In<br />

his latest work he turns to overwhelmed families - who, he says, need the same kind of help<br />

his clients do.<br />

Rakesh Khurana<br />

Professor of business administration, Harvard<br />

Business School, Cambridge, Mass.<br />

Big Idea: Charismatic CEOs don't work;<br />

management needs to become a profession, like<br />

law.<br />

Clients: IBM, Tyson Foods, American Family<br />

Do business leaders have a responsibility<br />

beyond earning profits? Absolutely, says<br />

Khurana, who thinks the management <strong>should</strong><br />

be a profession with licensing tests, a code of<br />

ethics à la law or medicine, and a stated<br />

commitment to improving the well-being of<br />

shareholders and society. Despite his scathing<br />

condemnation of business school education, the 41-year-old was awarded tenure at Harvard.<br />

Khurana has consulted for several companies about leadership, and he's cautioned against<br />

what he calls the "irrational search for charismatic CEOs," a misguided belief that a CEO with<br />

a magnetic personality translates to corporate success (it doesn't).<br />

Valerie Casey<br />

"I'm trying to make sure that sustainability is not just a line<br />

item." -Valerie Casey<br />

Leader, Digital Experiences Practice, IDEO;<br />

founder, the Designers Accord, Palo Alto<br />

Big Idea: A Kyoto Protocol for designers<br />

Clients: AT&T, Samsung, Dell, Virgin<br />

Inside design powerhouse IDEO, where she's<br />

working on next-generation mobile products<br />

for AT&T, Casey is the expert on all things<br />

digital. But around the world she's fast<br />

becoming a leader of the green-design<br />

movement. Two years ago she decided to act


on her realization that a beautiful keyboard or mobile phone is still an object that creates<br />

waste.<br />

To get designers - and their clients - to think about sustainability before, not after, they create,<br />

Casey, 36, wrote the Designers Accord, a set of guidelines that commits its signatories to<br />

support sustainable design and requires them to track their own carbon footprint. It struck a<br />

chord: More than <strong>10</strong>0,000 people and organizations - including Johnson & Johnson Consumer<br />

Products, and Autodesk - have signed on.<br />

Don Sull<br />

Professor of management practice in strategic<br />

and international management, London<br />

Business School<br />

Big Idea: Welcome uncertainty in turbulent<br />

times.<br />

Clients: Nokia, Mars, Baker & McKenzie<br />

Sull didn't start off with ivory-tower aspirations.<br />

After four years at McKinsey and private<br />

equity firm Clayton Dubilier & Rice, he was<br />

drawn to academic life as he kept observing<br />

companies practicing "active inertia," or<br />

dealing with current problems "by accelerating<br />

activities that had worked in the past."<br />

Sull, 45, now has <strong>new</strong> solutions for companies. One is to forget entirely about a grand vision,<br />

which locks them into vague promises or could commit them to a doomed strategy. The other<br />

is to embrace uncertainty, which he addresses in his upcoming book, "The Upside of<br />

Turbulence." The takeaway: Companies still need a map, but it needs to be focused on a few<br />

must-win battles and be fluid enough to be redrawn in the case of sudden shocks.<br />

Joel Podolny<br />

Former dean, Yale School of Management;<br />

incoming vice president and dean, Apple<br />

University, Cupertino, Calif.<br />

Big Idea: Business schools must teach real-life<br />

problem solving.<br />

Clients: BP, General Mills, Royal Bank of<br />

Scotland<br />

If the current state of affairs is any indication,


we haven't done a very good job training our business leaders. But there's a <strong>new</strong> model,<br />

thanks to Podolny, 43, who took over at Yale in 2005 and quickly overhauled the curriculum.<br />

Gone from the core are courses like finance; in their place are courses on the customer and the<br />

investor, which look at problems holistically. Now in its third year, the program has already<br />

gained attention from other schools and companies.<br />

If anyone needed validation about Podolny's creativity, they got it when he announced in late<br />

October that he was leaving Yale for Apple, where he'll be building Apple University, the<br />

company's first formal training and leadership program.<br />

Nouriel Roubini<br />

"I am not going to say I told <strong>you</strong> so, but I did."-<br />

Nouriel Roubini<br />

Professor of economics, NYU Stern<br />

School of Business, New York City<br />

Big Idea: Create a <strong>new</strong> global regulatory<br />

framework.<br />

Clients: IMF, U.S. Treasury, World Bank<br />

They don't call him "Dr. Doom" for<br />

nothing. The Turkish-born, Italianeducated<br />

Roubini, 50, was the solitary<br />

voice back in 2006 when he warned that the U.S. current account deficit, the housing bubble,<br />

the rising price of oil, and "excessively easy money combined with a lack of supervision"<br />

created a toxic mix that could cause a violent recession - if not the reordering of the world's<br />

financial system.<br />

He was early, but he was absolutely right. "I'm not going to say I told <strong>you</strong> so," he says, "but I<br />

did." Roubini, who also runs a macroeconomic Web site, RGE Monitor, sees at least a year of<br />

trouble ahead. "The short-run risk of a total financial meltdown has been reduced," but "the<br />

recession train has left the station."<br />

Janine Benyus<br />

"We are creating a way for biological ideas to get into<br />

human designs."-Janine Benyus<br />

Co-founder, Biomimicry Guild and Institute,<br />

Helena, Mont.<br />

Big Idea: Innovate by imitating, or<br />

"mimicking" nature.<br />

Clients: Boeing, GE, Herman Miller, Kraft<br />

Foods


After Benyus published her 1997 book, "Biomimicry," businesses in search of sustainable<br />

practices started calling. The 50-year-old biologist - whose breakthrough concept is to apply<br />

nature's best solutions to modern-day problems - now helps organizations invent eco-friendly<br />

products and processes.<br />

For Nike, it resulted in the creation of a swimsuit based on shark's skin. To help a $1 billion<br />

carpet-tile manufacturer reduce waste, Benyus's team turned to the forest floor for inspiration<br />

and designed a line of tiles inspired by the randomness of fallen leaves. They also studied<br />

geckos and beetles to find a better form of adhesive products.<br />

Up next? Her institute is partnering with architectural powerhouse HOK to design<br />

international building projects that imitate ecosystems.<br />

Dan Ariely<br />

"People often and repeatedly make illogical yet<br />

predictable decisions." - Dan Ariely<br />

Professor of behavioral economics, Duke<br />

University; member of MIT's Media Lab<br />

Center for Future Banking<br />

Big Idea: People are predictably irrational<br />

Clients: Bank of America, Match.com, P&G<br />

While serving in the Israeli army, Ariely<br />

suffered third-degree burns. Throughout his<br />

recovery, he found himself constantly<br />

questioning his doctors' decisions, specifically<br />

the process of alleviating pain.<br />

His curiosity about human behavior led to two Ph.D.s, and now he uses his research to advise<br />

companies on how to influence consumer decision-making. He's helped a large insurer reduce<br />

cheating on its' claim forms, and he's helping create a toothbrush for Procter & Gamble that<br />

reminds people to take their prescription medication. Ariely, 41, also studies the logic behind<br />

spending patterns - what consumers are willing to spend on a product vs. their understanding<br />

of its value. And that will make him a very popular man in this economy.<br />

Niko Canner<br />

Co-founder, managing partner, Katzenbach<br />

Partners<br />

Big Idea: Companies tend to avoid change, or<br />

change at the expense of their core strengths.<br />

Clients: T-Mobile, MasterCard, Pfizer


Canner, 37, has emerged in recent years as one of the brightest lights in both strategy and<br />

organizational issues. Known for getting to the root of incredibly complex problems, he works<br />

with CEOs and top executives to help them make huge strategic shifts without destroying the<br />

existing culture.<br />

He's helped T-Mobile reorient itself as a consumer company rather than a wireless one. He's<br />

also worked to globalize Korean conglomerate Doosan Group and developed nonprofit<br />

Acumen Fund's elite Fellows program. Now Canner and his team are focused on their own<br />

long-term project: China 2024, a study that's following 114 <strong>new</strong> Chinese MBAs for 20 years<br />

to learn firsthand lessons about China's business evolution.

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!