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Recommending Books for Purchase (Bulletin 156a - June 2021): Kellogg
The Science of Science by Dashun Wang; Albert-László Barabási
Publication Date: 2021-03-25
Description: This is the first comprehensive overview of the 'science of science,' an emerging interdisciplinary field that relies on big data to unveil the reproducible patterns that govern individual scientific careers and the workings of science. It explores the roots of scientific impact, the role of productivity and creativity, when and what kind of collaborations are effective, the impact of failure and success in a scientific career, and what metrics can tell us about the fundamental workings of science. The book relies on data to draw actionable insights, which can be applied by individuals to further their career or decision makers to enhance the role of science in society. With anecdotes and detailed, easy-to-follow explanations of the research, this book is accessible to all scientists and graduate students, policymakers, and administrators with an interest in the wider scientific enterprise.
Protestors and Their Targets by James Jasper (Editor); Brayden G. King
Publication Date: 2020-02-28
Description: The strategic interactions between protestors and their targets shape the world around us in profound ways. The editors and contributors to Protesters and Their Targets--all leading scholars in the study of social movements--look at why movements do what they do and why their interactions with other societal actors turn out as they do. They recognize that targets are not stationary but react to the movement and require the movement to react back.This edited collection analyzes how social movements select their targets, movement-target interactions, and the outcomes of those interactions. Case studies examine school closures in Sweden, the U.S. labor movement, Bolivian water and Mexican corn, and other global issues to show the strategic thinking, shifting objectives, and various degrees of success in the actions and nature of these protest movements. Protesters and Their Targets seeks to develop a set of tools for the further development of the field's future work on this underexplored set of interactions.
43 Visions for Complexity by Stefan Thurner (Editor)
Publication Date: 2016-11-11
Description: Coping with the complexities of the social world in the 21st century requires deeper quantitative and predictive understanding. Forty-three internationally acclaimed scientists and thinkers share their vision for complexity science in the next decade in this invaluable book. Topics cover how complexity and big data science could help society to tackle the great challenges ahead, and how the newly established Complexity Science Hub Vienna might be a facilitator on this path.Published in collaboration with Institute Para Limes.
Elites on Trial by Glenn Morgan (Editor); Sigrid Quack (Editor); Paul Hirsch (Editor)
Publication Date: 2015-02-18
Description: In 2008, the world entered a new period of turmoil. Financial markets collapsed, banks and other financial institutions went in to crisis; credit dried up, consumption reduced and firms started to cut back and reduce investment in the light of uncertainty. Unemployment increased and welfare payments increased. States that borrowed to save their banks and to maintain their spending found the financial markets and the international institutions condemning their profligacy and urging austerity policies. This book is concerned with what happens when elites are challenged by such a crisis; in our terms, elites are 'on trial' firstly for their role in the past and shaping the context for the crisis, secondly in terms of how they responded to the crisis and finally in terms of what role they are playing in the aftermath. Can they reestablish their legitimacy or will they fail this trial and find themselves replaced by other groups with different objectives? This collection draws together a variety of studies and approaches to these issues from a group of international authors which helps us understand 'elites on trial' in the contemporary period.
Pedigree by Lauren A. Rivera (Afterword by)
Publication Date: 2016-03-22
Description: How social class determines who lands the best jobs Americans are taught to believe that upward mobility is possible for anyone who is willing to work hard, regardless of their social status, yet it is often those from affluent backgrounds who land the best jobs. Pedigree takes readers behind the closed doors of top-tier investment banks, consulting firms, and law firms to reveal the truth about who really gets hired for the nation's highest-paying entry-level jobs, who doesn't, and why. Drawing on scores of in-depth interviews as well as firsthand observation of hiring practices at some of America's most prestigious firms, Lauren Rivera shows how, at every step of the hiring process, the ways that employers define and evaluate merit are strongly skewed to favor job applicants from economically privileged backgrounds. She reveals how decision makers draw from ideas about talent--what it is, what best signals it, and who does (and does not) have it--that are deeply rooted in social class. Displaying the "right stuff" that elite employers are looking for entails considerable amounts of economic, social, and cultural resources on the part of the applicants and their parents. Challenging our most cherished beliefs about college as a great equalizer and the job market as a level playing field, Pedigree exposes the class biases built into American notions about the best and the brightest, and shows how social status plays a significant role in determining who reaches the top of the economic ladder.
Complex Networks VI by Giuseppe Mangioni (Editor); Filippo Simini (Editor); Stephen Miles Uzzo (Editor); Dashun Wang (Editor)
Publication Date: 2016-10-09
Description: Elucidating the spatial and temporal dynamics of how things connect has become one of the most important areas of research in the 21st century. Network science now pervades nearly every science domain, resulting in new discoveries in a host of dynamic social and natural systems, including: how neurons connect and communicate in the brain, how information percolates within and among social networks, the evolution of science research through co-authorship networks, the spread of epidemics and many other complex phenomena. Over the past decade, advances in computational power have put the tools of network analysis in the hands of increasing numbers of scientists, enabling more explorations of our world than ever before possible. Information science, social sciences, systems biology, ecosystems ecology, neuroscience and physics all benefit from this movement, which combines graph theory with data sciences to develop and validate theories about the world around us. This book brings together cutting-edge research from the network science field and includes diverse and interdisciplinary topics such as: modeling the structure of urban systems, behavior in social networks, education and learning, data network architecture, structure and dynamics of organizations, crime and terrorism, as well as network topology, modularity and community detection.
Markets on Trial by Michael Lounsbury (Editor, Series edited by); Paul M. Hirsch (Editor)
Publication Date: 2010-07-07
Description: Since the mid-20th century, organizational theorists have increasingly distanced themselves from the study of core societal power centers and important policy issues of the day. This has been driven by a shift away from the study of organizations, politics, and society and towards a more narrow focus on instrumental exchange and performance. As a result, our field has become increasingly impotent as a critical voice and contributor to policy. For a contemporary example, witness our inability as a field to make sense of the recent U.S. mortgage meltdown and concomitant global financial crisis. It is not that economic and organizational sociologists have nothing to say. The problem is that while we have a great deal of knowledge about finance, the economy, entrepreneurship and corporations, we fail to address how the knowledge in our field can be used to contribute to important policy issues of the day. This double-volume brings together some of the very top scholars in the world in economic and organizational sociology to address the recent global financial crisis debates and struggles around how to organize economies and societies around the world.
Studying Differences Between Organizations by Brayden King (Editor); Teppo Felin (Editor); David A. Whetten (Editor)
Publication Date: 2009-06-09
Description: This volume is motivated by key questions and challenges associated with reviving and developing a comparative perspective. One organizing theme of the volume is to present comparative analysis as a means to explain and describe organizational heterogeneity, at varying levels and contexts. While much empirical work looks for the sources of homogeneity within fields, industries, etc., we believe that one advantage of doing comparative analysis is to make assessments of the observed differences between organizations. Thus, we have asked all of the authors to consider how their style of comparative analysis enhances our understanding of organizational heterogeneity. The volume consists of two sections: an introductory essay section and a section where authors focus on specific theoretical, methodological and empirical topics. A couple of papers are original empirical analyses that use a comparative logic or method. We expect that each paper, in addition to providing a theoretical contribution, will offer a meta-discussion that explains how taking a comparative approach enhances our understanding of the phenomenon of interest.
Conflict in Organizational Groups by Kristin J. Behfar (Editor); Leigh L. Thompson (Editor)
Publication Date: 2007-09-26
Description: The chapters in this book were presented at a conference held at the Kellogg School of Management in June 2005 entitled Conflict in Organizational Groups: New Directions in Theory and Practice. The Kellogg Team and Group Research Center (KTAG) and the Kellogg School of Management cosponsored the conference. The goal of the conference was to bring together both junior and senior scholars from a variety of disciplines to discuss their newest ideas and current trends in group conflict research. The chapters in this book represent perspectives from the fields of business, political science, sociology, and psychology. The idea to organize a conference about conflict in organizational groups arose from three interrelated and exciting opportunities for theory and practice--both the academic and business press have focused growing attention on the management challenges of organizational groups; the academic community has begun to integrate various disciplinary perspectives, as evidenced by a growing number of cross-disciplinary coauthorships and thematic conferences; and several statistical and methodological advances have allowed scholars to better model variables across levels of analysis. Taken together, these three reasons inspired the assembling of the interdisciplinary mix of seasoned and newly minted authors who in this volume tackle important and complex questions about group conflict. Their chapters represent cutting-edge advances in theory, methodology, and challenges to dominant perspectives.
Creativity and Innovation in Organizational Teams by Leigh L. Thompson (Editor); Hoon-Seok Choi (Editor)
Publication Date: 2013-07-09
Description: Creativity and Innovation in Organizational Teams stemmed from a conference held at the Kellogg School of Management in June 2003 covering creativity and innovation in groups and organizations. Each chapter of the book is written by an expert and covers original theory about creative processes in organizations. The organization of the text reflects a longstanding notion that creativity in the world of work is a joint outcome of three interdependent forces--individual thinking, group processes, and organizational environment. Part I explores basic cognitive mechanisms that underlie creative thinking, and includes chapters that discuss cognitive foundations of creativity, a cognitive network model of creativity that explains how and why creative solutions form in the human mind, and imports a ground-breaking concept of "creativity templates" to the study of creative idea generation in negotiation context. The second part is devoted to understanding how groups and teams in organizational settings produce creative ideas and implement innovations. Finally, Part III contains three chapters that discuss the role of social, organizational context in which creative endeavors take place. The book has a strong international mix of scholarship and includes clear business implications based on scientific research. It weds the disciplines of psychology, cognition, and business theory into one text.
Negotiation Theory and Research by Leigh L. Thompson (Editor)
Publication Date: 2014-09-11
Description: Negotiation is the most important skill anyone in the business world can have today, because people must continually negotiate their jobs, responsibilities, and opportunities. Yet very few people know strategies for maximizing their outcomes in everyday and in more formal business situations. This volume provides a comprehensive overview of this emerging topic through original contributions from leaders in social psychology and negotiation research. All topics covered are core to the understanding of the negotiation process and include: decision-making and judgment, emotion and negotiation, motivation, and game theory.
The Handbook of Negotiation and Culture by Michele J. Gelfand (Editor); Jeanne M. Brett (Editor)
Publication Date: 2004-07-28
Description: In the global marketplace, negotiation frequently takes place across cultural boundaries, yet negotiation theory has traditionally been grounded in Western culture. This book, which provides an in-depth review of the field of negotiation theory, expands current thinking to include cross-cultural perspectives. The contents of the book reflect the diversity of negotiation--research-negotiator cognition, motivation, emotion, communication, power and disputing, intergroup relationships, third parties, justice, technology, and social dilemmas--and provides new insight into negotiation theory, questioning assumptions, expanding constructs, and identifying limits not apparent from working exclusively within one culture. The book is organized in three sections and pairs chapters on negotiation theory with chapters on culture. The first part emphasizes psychological processes--cognition, motivation, and emotion. Part II examines the negotiation process. The third part emphasizes the social context of negotiation. A final chapter synthesizes the main themes of the book to illustrate how scholars and practitioners can capitalize on the synergy between culture and negotiation research.
The Social Psychology of Organizational Behavior by Leigh L. Thompson (Editor)
Publication Date: 2002-12-13
Description: Each article in this collection of readings has been carefully chosen for its tremendous impact on the field of organizational behavior. It focuses specifically on micro-organizational behavior, which has almost uniquely been influenced by social psychology. The reader is carefully structured into sections which reflect a progression through widening levels of analysis: the science of organizational behavior; decision making; negotiation and social dilemmas; groups and teams; procedural justice; relationships and trust; and values, norms and politics. This volume is in an attractive, user-friendly format and will make excellent supplementary reading to courses in social psychology, industrial and organizational psychology, and business.
Embeddedness and Corporate Change in a Global Economy by Rueyling Tzeng (Editor); Brian Uzzi (Editor)
Publication Date: 2000-09-21
Description: Using an embeddedness approach, this volume analyzes how different forms of organization and market exchange systems function and co-evolve. In contrast to views that assume that pure markets or autonomous states guide change, the embeddedness approach argues that the social networks and institutions within which economic action is embedded provide economic order. By identifying consequential types of social structures, the essays in this volume advance our understanding of how exchange systems originate and change. The contributions of prominent scholars from Europe, Asia, and America testify to the embeddedness approach's inclusive theoretical appeal, wide audience base, and contribution to the problem of how social networks, institutions, and culture affect organizational adaptation and the economic status of individuals in economies in transition.
Vital Statistics by William Sandholm; Brett Saraniti
Publication Date: 2018-10-22
Description: A probability and statistics text written with the needs of economics students in mindVital Statistics offers an approachable, calculus-optional introduction to statistics with a careful presentation of basic inference procedures. The text helps students develop intuitions about key concepts in probability before providing a deep treatment of core ideas in statistics, making this theideal introductory text for economics students.
Managerial Statistics by Peter Klibanoff; Alvaro Sandroni; Boaz Moselle; Brett Saraniti
Publication Date: 2006-01-01
Description: Discover everything you need to prepare for success in business statistics today with this advanced, case-based approach to regression analysis. You'll begin by reviewing basic probability before moving into a strong topical coverage of hypothesis testing and regression analysis with an emphasis on relevant examples, business cases, and applications. Leading Harvard Business School cases and numerous end-of-chapter cases and problems written by the authors illustrate the use of statistics and regression analysis in business today.
Social Choice and Strategic Decisions by David Austen-Smith (Editor); John Duggan (Editor); Jeffrey S. Banks
Publication Date: 2005-02-11
Description: Social choices, about expenditures on government programs, or about public policy more broadly, or indeed from any conceivable set of alternatives, are determined by politics. This book is a collection of essays that tie together the fields spanned by Jeffrey S. Banks' research on this subject. It examines the strategic aspects of political decision-making, including the choices of voters in committees, the positioning of candidates in electoral campaigns, and the behavior of parties in legislatures. The chapters of this book contribute to the theory of voting with incomplete information, to the literature on Downsian and probabilistic voting models of elections, to the theory of social choice in distributive environments, and to the theory of optimal dynamic decision-making. The essays employ a spectrum of research methods, from game-theoretic analysis, to empirical investigation, to experimental testing.
International Accounting by Mark Finn, Hector Perera, Timothy Doupnik
Publication Date: 2019-03-29
Description: The Fifth Edition of International Accounting provides an overview of the broadly defined area of international accounting, but also focuses on the accounting issues related to international business activities and foreign operations. This edition also includes substantially updated coverage of the International Accounting Standards Board (IASB) and International Financial Reporting Standards (IFRS).
The unique benefits of this textbook include its up-to-date coverage of relevant material, extensive numerical examples provided in most chapters, two chapters devoted to the application of International Financial Reporting Standards (IFRS), and coverage of nontraditional but important topics such as strategic accounting issues of multinational companies, international corporate governance, and corporate social responsibility reporting.
Financial Accounting by Thomas Dyckman; Robert Magee; Glenn M. Pfeiffer
Publication Date: 2010-03-01
Description: "[This book equips] students with the accounting techniques and insights necessary to succeed in today's business environment. It reflects our combined experience in teaching financial accounting to college students at all levels. For anyone who pursues a career in business, the ability to read, analyze, and interpret published financial reports is an essential skill. [This book] is written for future business leaders who want to understand how financial statements are prepared and how the information in published financial reports is used by investors, creditors, financial analysts, and managers"--Preface.
Practical Finance for Property Investment by Craig Furfine
Publication Date: 2019-11-26
Description: Practical Finance for Property Investment provides readers with an introduction to the most fundamental concepts, principles, analytical methods, and tools useful for making investing and financing decisions regarding income-producing property. The book begins by considering how to value income-producing property by forecasting a property's cash flows and estimating appropriate discount rates. It then discusses how both debt and private equity are used as methods to finance a property's acquisition. The book provides a thorough discussion of the taxation of property income as well as how investors can quantify the risks to investing in property. The book concludes with important considerations for investors when their investment thesis does not come to fruition. Practical Finance for Property Investment offers a unique and novel pedagogy by pairing each book chapter with an in-depth real-world case study, which forces readers to confront the occasional tensions between finance theory and property investment practice. The book is designed for investors and students interested in learning what finance theory implies about property investment. Readers and Instructors can access electronic resources, including the spreadsheets used in the textbook, at the book's website: www.routledge.com/9780367333041.
Investment Banks, Hedge Funds and Private Equity (3rd ed.) by David Stowell
Publication Date: 2018-01-01
Asset Pricing Theory by Costis Skiadas
Publication Date: 2009-03-01
Description: Asset Pricing Theory is an advanced textbook for doctoral students and researchers that offers a modern introduction to the theoretical and methodological foundations of competitive asset pricing. Costis Skiadas develops in depth the fundamentals of arbitrage pricing, mean-variance analysis, equilibrium pricing, and optimal consumption/portfolio choice in discrete settings, but with emphasis on geometric and martingale methods that facilitate an effortless transition to the more advanced continuous-time theory. Among the book's many innovations are its use of recursive utility as the benchmark representation of dynamic preferences, and an associated theory of equilibrium pricing and optimal portfolio choice that goes beyond the existing literature. Asset Pricing Theory is complete with extensive exercises at the end of every chapter and comprehensive mathematical appendixes, making this book a self-contained resource for graduate students and academic researchers, as well as mathematically sophisticated practitioners seeking a deeper understanding of concepts and methods on which practical models are built. Covers in depth the modern theoretical foundations of competitive asset pricing and consumption/portfolio choice Uses recursive utility as the benchmark preference representation in dynamic settings Sets the foundations for advanced modeling using geometric arguments and martingale methodology Features self-contained mathematical appendixes Includes extensive end-of-chapter exercises
Handbook of Financial Time Series by T. G. Andersen (Editor); T. Mikosch (Editor); Richard A. Davis (Editor); Jens-Peter Kreiss (Editor)
Publication Date: 2009-04-01
Description: The Handbook of Financial Time Series, edited by Andersen, Davis, Kreiss and Mikosch, is an impressive collection of survey articles by many of the leading contributors to the ?eld. These articles are mostly very clearly wr- ten and present a sweep of the literature in a coherent pedagogical manner. The level of most of the contributions is mathematically sophisticated, and I imagine many of these chapters will ?nd their way onto graduate reading lists in courses in ?nancial economics and ?nancial econometrics. In reading through these papers, I found many new insights and presentations even in areas that I know well. The book is divided into ?ve broad sections: GARCH-Modeling, Stoch- tic Volatility Modeling, Continuous Time Processes, Cointegration and Unit Roots, and Special Topics. These correspond generally to classes of stoch- tic processes that are applied in various ?nance contexts. However, there are otherthemesthatcutacrosstheseclasses.Thereareseveralpapersthatca- fully articulate the probabilistic structure of these classes, while others are morefocusedonestimation.Stillothersderivepropertiesofextremesforeach class of processes, and evaluate persistence and the extent of long memory. Papers in many cases examine the stability of the process with tools to check for breaks and jumps. Finally there are applications to options, term str- ture, credit derivatives, risk management, microstructure models and other forecasting settings.
Fundamentals of Derivatives Markets by Robert McDonald
Publication Date: 2019-11-21
Description: Fundamentals of Derivatives Markets is a succinct yet comprehensive adaptation of the author's successful text, Derivatives Markets. Streamlined for a broad range of undergraduate students, the approachable writing style and accessible balance of theory and applications introduces essential derivatives principles. By exploring various methods for valuing derivatives and by discussing risk management strategies in real-world context, Fundamentals of Derivatives Markets develops students' financial literacy for today's corporate environment.
Operations Engineering and Management: Concepts, Analytics and Principles for Improvement by Seyed M. R. Iravani
Publication Date: 2020-10-21
Description: Discover how to apply engineering thinking and data analytics in your business operations This hands-on textbook shows, step by step, how to use the engineering problem solving approach and data analytics techniques to drive effective tactical and control-level decision making in operations systems and supply chains. Operations Engineering and Management: Concepts, Analytics and Principles for Improvement is based on the author's successful classes in both business and engineering. The book presents concepts and principles of operations management, with a strong emphasis on analytics and operations improvement. You will also get full details on the classic management approach to operations and supply chain management. Coverage includes: Operations strategy, Process-flow analysis, Forecasting and variability, Capacity concepts and measures, Throughput improvement, Flow time analysis and improvement, Inventory management for deterministic and stochastic demand, Inventory improvement, Aggregate planning and lean operations, Operations scheduling and flexible operations, Quality management and control, Quality improvement and Six Sigma Additional Online Content: Supplementary Content - For interested readers chapters 3, 7, 8, 9, 10, 13, 14, and 16 have online supplements that extend their content either by presenting more applications of the topics, or by developing more advanced analytics. Appendices - Thirteen additional Appendices are available online as follows: Effective Capacity of a Resource, Proof for Optimality of the c-mu Rule, Optimal EOQ Model with Trade Promotion, Newsvendor Problems with Continuous Demand Distribution, Optimal (Q;R) Policy with Cost Per Backorder Demand, Optimal (Q;R) Policy with Cost per Backorder Demand per Time, Optimal (Q;R) Policy with Lost Sales, Pooling Inventory and Cost Saving per Unit Demand, Optimality of SPT Rule, Finding Control Limits for the u Chart, Solving Mathematical Programming Models Using Solver, Finding Inverse of a Matrix Using Excel, and Multiplying Two Matrices Using Excel Online content is open source and can be accessed via the "Downloads & Resources" tab at the following page: https://www.mhprofessional.com/9781260461831-usa-operations-engineering-and-management-concepts-analytics-and-principles-for-improvement-group
Supply chain management: strategy, planning, operation by Sunil Chopra
Publication Date: 2019-04-16
Description: Thistitle is a Pearson Global Edition. The Editorial team at Pearson has workedclosely with educators around the world to include content which is especiallyrelevant to students outside theUnited States.
For MBA, engineering master, orsenior-level undergraduate courses in supply chain management.
A strategic framework forunderstanding supply chain management
Supply Chain Management introduceshigh-level strategy and concepts while giving students the practical toolsnecessary to solve supply chain problems. Using a strategic framework, studentsare guided through all of the key drivers of supply chain performance,including facilities, inventory, transportation, information, sourcing, andpricing. The 7th Edition weaves in compelling case studyexamples to illustrate how good supply chain management offersa competitive advantage and how poor supply chain managementcan damage an organization’s performance. With this text, students gain adeeper understanding of supply chains and a firm grasp on the practicalmanagerial levers that can improve supply chain performance.
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Economics of Strategy by David Dranove; Scott Schaefer; Mark Shanley; David Besanko
Publication Date: 2014-01-01
Description: Economics of Strategy offers a comprehensive text that provides a link between economic theory and business applications that is at once technical in its approach and accessible due to its numerous examples and clear writing style. The sixth edition of Besanko's Economics of Strategy uses economic theory to bring new insights to popular topics in modern strategy. By presenting basic concepts of economic theory with ideas in modern strategy literature, this book provides readers with a logical framework for understanding the strategic activities within a firm.
Marketing Asian Places by Philip Kotler; Donald H. Haider; Irving Rein; Michael Hamlin (Adapted by)
Publication Date: 2001-12-10
Description: As Asia enters a new era of fierce global competition for investment, people, and tourists, which places will be successful? Who will be the new Asian winners? The challenges and threats to Asian prosperity have never been greater as new opportunities arise and new threats mount at an increasingly faster rate. Nowhere in the world are the stakes for recreating development models more acute. And nowhere is the need for strategic place marketing greater. Fortunately, successful examples are everywhere. Beijing picked up the pieces from its failed bid for the 2000 Olympic Games, worked to figure out what went wrong, and overhauled its communication and marketing program to bid for the 2008 Games - successfully. Three things accounted for its success: massive efforts to match IOC criteria, an effective government and corporate partnership, including foreign investors, and pushing the idea of a completely new venue for the Games. Small success stories are important, too. School children in Cambodia's tiny village of Robib connect to the outside world using e-mail and the web, and villagers participate in e-commerce through their own website, www.villageleap.com. The first US$6,000 raised selling handcrafted silk products to overseas buyers was used to set up a pig farm. Places like Robib are showing that technology has a profound impact in the development of previously isolated places in Asia. In this changing and challenging environment, places need to adopt a strategic marketing plan to maintain and develop the advances they have achieved. Marketing Asian Places shows how to attract initial investment, maintain the development through targeted policies, and establish a high-profile investment environment for long-term growth.
Stop Spending, Start Managing by Tanya Menon; Leigh Thompson
Publication Date: 2016-08-16
Description: Stop Wasting Precious Time and Money You have a complex problem at work, and you know the standard solutions: hire a consultant, enlist a superstar employee, have more meetings about it. In short, spend money and hours to dig your way out. But you've been down this road before--the so-called solution consumes your time, dollars, and resources, and yet the problem still reappears. There is a way out of this cycle. Organizational researchers Tanya Menon and Leigh Thompson, experts in collaboration and creativity, identify five spending traps that lead to this wasteful "action without traction": The Expertise Trap: recycling old solutions on current problems The Winner's Trap: investing additional resources into failing projects The Agreement Trap: avoiding conflict to feel like a team player The Communication Trap: communicating too frequently over too many channels The Macromanagement Trap: assuming your employees don't need your direction Menon and Thompson combine their own research with other findings in psychology to provide strategies to break these unproductive habits and refine your skills as a manager. From shaping problems in new ways and learning from failure through experimentation, to stimulating productive conflict and structuring coordinated conversations, you can escape these traps and discover the value hidden in your organization--without spending a dime.