Join Rita's Mailing List!

News Archives

New York Times quotes Rita McGrath

In a February 29, 2008 NYT article entitled Hoping to Make Phone Buyers Flip, Rita McGrath is quoted: “There is an awful lot of pressure to keep the wheels turning instead of putting money into new innovation and development,” said Rita Gunther McGrath, a professor at Columbia Business School who studies innovation at big companies. To read the entire article, click here. read more »

Filed in:

Rita McGrath’s Toy Story

In a Sacramento Bee story entitled Changing economy brings end to retailer’s 27-year-old toy story, Rita McGrath was quoted as to the closing of a long-time toy store. “The spending slowdown is particularly hard for mom-and-pop retailers,” said Rita Gunther McGrath, a business professor at Columbia University in New York City. “Take whatever pain the big players are experiencing and multiply it for small players,” McGrath said. “They have far... read more »

Filed in:

Rita McGrath quoted in UK article “Scholars raise concerns over business school ‘theory fetish’ ”

Rita McGrath’s Academy of Management article was quoted in the Times Higher Education UK article about the relevancy of Business Schools: “Humiliating though it may be, there is a reason that stories about mice who have lost their cheese and penguins fleeing melting icebergs are snapped up by millions while most of what we publish isn’t even cited by other academics.” Her recent letter to the Financial Times on the... read more »

Filed in:

International Herald Tribune quotes Rita McGrath on Expat Housing

In a January 24, 2008 article entitled Expat housing, without the perks, Rita McGrath commented, “Normally you think of overseas jobs going to the top dogs but a lot of overseas jobs today are middle-dog and coach-class to India,” she said, adding that there was a higher premium on job experience. “You can’t be on the executive board until you’ve done your time in a foreign country.” To read the... read more »

Filed in:

Rita McGrath’s Letter to the Editor of Financial Times:  “The Upside to Business Schools”

Professor Rita McGrath’s letter to the editor responding to comments by Michael Skapinker was published in the January 14, 2008 edition. An excerpt: “Good scholarly understanding of business can add tremendous value to executives by helping them recognise patterns that suggest when one solution may be better than another, by helping them to become more informed consumers of management tools and theories and by accelerating their self-development in an era... read more »

Filed in:

Rita McGrath Quoted in the Financial Times on the Relevance of Business Schools

Rita McGrath was recently cited in the Financial Times for her work on how management academics might have more impact on management practice. She is quoted as saying “Most of what we publish isn’t even cited by other academics.” The full article reads: Why business ignores the business schools By Michael Skapinker Published: January 8 2008 02:00 | Last updated: January 8 2008 02:00 The three Democratic front-runners in the... read more »

Filed in:

Industrial Research Institute cites Entrepreneurial Mindset

In an article by Graham R. Mitchell entitled Instill the Entrepreneurial Mindset, Mitchell refers extensively to Rita McGrath and Ian MacMillan’s publication Entrepreneurial Mindset.. For more information about the Industrial Research Institute, click here. read more »

Filed in:

Professor Clay Christensen endorses DDP in January 2008 HBR, “Innovation Killers”

Discovery-driven planning. Happily, though, there are alternative systems specifically designed to support intelligent investments in future growth. One such process, which Rita Gunther McGrath and Ian MacMillan call “discovery driven planning,” has the potential to greatly improve the success rate. Discovery-driven planning essentially reverses the sequence of some of the steps in the stage-gate process. Its logic is elegantly simple. If the project teams all know how good the numbers... read more »

Filed in:

What Can You Do with a Liberal Arts Degree?  Rita McGrath answers for WISTV, Columbia, SC

In an article entitled What Can You Do with a Liberal Arts Degree? Plenty!, Rita McGrath is quoted, “Employers are starting to value some of the skills a liberal arts degree teaches, including clear writing and communication skills, intellectual curiosity, and the ability to synthesize and draw patterns from confusing and ambiguous data,” says Rita Gunther McGrath, an associate professor at Columbia Business School and author of “The Entrepreneurial Mindset”... read more »

Filed in:

Google Docs Discovery-Driven Strategy

Jake Anderson, a Harvard School of Business student, has written a paper analyzing the disruptive nature of Google Docs… “Interestingly, the process of beta testing all of its programs through its general customer base continues today, allowing Google to effectively experiment and continually improve its offerings. In a way, this method of discovery-driven planning has created a culture that supports the efforts of creating a disruption profit engine at Google.”... read more »

Filed in:

HBR Brief—Key ideas from the article by Rita Gunther McGrath and Ian C. MacMillan

Excerpt from HBR Brief: “You are weighing a major strategic venture–a first-time alliance, a new market, an innovative product. Beware: business history is littered with stories about smart companies that hemorrhaged multiple millions from ventures gone bad. Why such massive losses? Too many firms use conventional planning to manage their ventures, say McGrath and MacMillan. They make predictions about a venture’s potential based on their established businesses. And they treat... read more »

Filed in:

Entrepreneurial Mindset: Recommended Reading in WSJ Article

In an article entitled Recommended Reading: Managing IT for Nontechies, Therese Flaherty, professor at the Wharton School of the University of Pennsylvania and director of the Wharton Small Business Development Center in Philadelphia, recommends Entrepreneural Mindset by Professors Rita McGrath and Ian MacMillan. “Technology changes so fast, and business competition moves fast. [The authors’] ‘discovery-driven planning’ is a simple and powerful tool for prioritizing and planning the early stages of... read more »

Filed in:

Rita McGrath quoted in Business Review, November 2007

In a Business Review article entitled The Training Chain, Rita McGrath is cited: It might be tempting to shun the cost and uncertainty of outsourcing your training and go completely in-house, McGrath says, but unless you’re willing to do everything yourself, it might not be worth it. “The difficulty you have with an in-house system is that unless you’re a very large company, it will be tough to keep the... read more »

Filed in:

Can Entrepreneurship be Taught?

Rita McGrath was interviewed for the Career Press 2007 book Entrepreneurial Excellence: Profit From the Best Ideas of the Experts by its author Richard Goossen, Canadian professor and entrepreneur. Goossen is quoted at Business Week, “My motivation was to talk to the top researchers and instructors in the world who teach something that a lot of people think can’t be taught…” read more »

Filed in:

Ten Telltale Signs of a Flawed Venturing Process

Rita McGrath and Thomas Keil, professor of strategic management at Helsinki University of Technology, recently published The Value Captor’s Process: Getting the Most out of Your New Business Ventures at the Harvard Business Review. read more »

Filed in: