Business rankings are supposed to be a tool for motivating performance, BUT new research from @BYUMarriott found that companies decreased charitable giving by about 25% immediately after receiving high marks for philanthropy.
https://t.co/RgbVNEydA6
Ratings are increasingly used as a tool to motivate performance.
Most people believe that companies will be motivated to seek a high rating.
But do these ratings always work as intended?
Here's what @BYU colleague @chad_carlos and I find in our @ASQJournal article:
A 🧵 1/17
New @SAGEManagement @ASQJournal article by Ben Lewis (@BYUMarriott) and @chad_carlos examines why companies may react to favorable ratings in unexpected ways.
https://t.co/GdIEfFi3rX
Congratulations to BYU Marriott strategy professor Ben Lewis for receiving the Emerging Scholar Award from the Organizations and the Natural Environment division of the Academy of Management.
https://t.co/PQcMoFfa7X
Another Top 5 national ranking for a BYU program 👊:
The 2020 Entrepreneur Magazine college rankings came out this week and BYU ranks No. 3️⃣ in the country for entrepreneurship. #GoCougs
https://t.co/mUYDdgPuOZ
This substitute for plastic grocery bags biodegrades in five days, dissolves in water in 60 seconds, and—its BYU student creators hope—may help solve the world’s plastic problem. https://t.co/lib6aBHI2F
I was excited to see @BYU do a short write-up on one of my recent papers with fellow @BYUMarriott professor @chad_carlos. The upshot? Companies that barely make a ranked list (i.e. Best 100 ___, Top 50 ___, 100 Most ____) may be worse off than those that barely miss the cut.
@Strategic_Mgmt@David_Clough1 Thanks for this writeup! If you have a couple minutes and are interested in learning more about this paper, check out this short video abstract. https://t.co/sAplAk5Pmt
To understand success, focus less on the final product and more on the mundane process.
It's way more fun to read Harry Potter or see Hamilton than it would be to watch @jk_rowling or @Lin_Manuel write.
But the seeds of greatness are planted in the daily grind.
#SundayThoughts