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      • Business innovation
        May 2021

        The AI Marketing Canvas

        A Five Stage Roadmap to Implementing Artificial Intelligence in Marketing

        by Raj Venkatesan and Jim Lecinski

        The AI Marketing Canvas offers a direct, actionable plan marketers can use to map out initiatives that are properly sequenced and designed for success—regardless of where their organization is in the process. The book is also a call to action for marketing leaders to confront and decide how they will address this critical pivot point in marketing. The authors pose the critical questions of "How should modern marketers be thinking about artificial intelligence and machine learning?" and "How should marketers be developing a strategy and plan to implement AI into their marketing toolkit?" The opening chapters provide marketing leaders with an overview of what AI is precisely, and how it is different than traditional computer science approaches; then they propose a five-stage framework of best practices to implement it, called the "AI Marketing Canvas." This framework is based on research and interviews with leading marketers currently successfully weaving AI into their marketing strategies, including at Google, LYFT, Ancestry.com, and Coca-Cola. The authors offer tangible examples of what these, and other brands across varying industries and operational size are doing at each stage of the AI Marketing Canvas. The book ends with a discussion of important implications for marketing leaders and their teams, people and culture. Strategically sound, application-focused, and customer-centric, this book fills a gap in action-oriented marketing strategy guidance at a time when it is most needed.

      • Business ethics
        March 2021

        Management as a Calling

        Leading Business, Serving Society

        by Andrew J. Hoffman

        Business leaders have tremendous power to influence our society, how it operates, whether it is equitable, and the extent to which it impacts the environment. And yet, we do not recognize or call out the responsibility that comes with that power.  The focus of Management as a Calling is to change our expectations of business leaders: teaching students that they will possess awesome power as business leaders, and with that power comes great responsibility and an obligation to create benefit for all of society. We face great challenges as a society today, from environmental problems like climate change, ocean acidification, and habitat destruction; to social problems like income inequality, unemployment, lack of a living wage, and poor access to affordable health care or education. Solutions to these challenges must come from the most powerful institution on earth, the market, as it is influenced by its most powerful entity: business. Though government is an important and vital authority of the market, it is business that transcends national boundaries, possessing resources that exceed those of many nations. Business is responsible for producing the buildings that we live and work in, the food we eat, the clothes we wear, the forms of travel we use and the energy that propels them.  With its unmatched powers of creation, production, and distribution, business is positioned to bring the change we need at the scale we need it. If there are no solutions coming from the market, there will be no solutions at all. And without visionary and service-oriented business leaders to push forward, the market will never even try to find them.

      • Management & management techniques
        September 2020

        The Power of Being Divisive

        Understanding Negative Social Evaluations

        by Thomas J. Roulet

        In the last decade, research on negative social evaluations, from adverse reputation to extreme stigmatization, has burgeoned both at the individual and organizational level. Thus far, this research has largely focused on major corporate risks. Corporate public relations and business executives intuitively know that a negative image deters important relationships—from customers and partners, to applicants, stakeholders, and potential funding. At the same time, business is conducted in an age of heightened connection, including digital platforms for criticism and a 24-hour news cycle. Executives know that some degree of public disapproval is increasingly unavoidable. Negative social evaluations can also put social actors on the map. In the era of identity politics, many political leaders express controversial views to appeal to specific audiences and gain in popularity. Through network and signaling effects, being controversial can potentially pay off. Thomas J. Roulet offers a framework for understanding not only how individuals and organizations can survive in an age of increasing scrutiny, but how negative social evaluations can surprisingly yield positive results. A growing body of work has begun to show that being "up against the rest" is an active driver of corporate identity, and that firms that face strong public hostility can benefit from internal bonding. Synthesizing this work with his original research, and drawing comparisons to work on misconduct and scandals, Roulet addresses an important gap by providing a broader perspective to link the antecedents and consequences of negative social evaluations. Moreover, he reveals the key role that audiences play in assessing these consequences, whether positive or negative, and the crucial function of media in establishing conditions in which public disapproval can bring positive results. Examples and cases cover Uber and Google, Monsanto, Electronic Arts, and the investment banking industry during the financial crisis.

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