Editorial
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From Observation to Adventure 

Argandoña, Antonio

In his treatise The Wealth of Nations, Adam Smith used a pin factory to illustrate the benefits of breaking a job down into its constituent parts and dividing the tasks among specialized workers. I was reminded of that when I read this IESE Insight, only Smith's pin factory has been swapped for alliances, as the authors observe how people could make their interorganizational interactions more efficient, generating new knowledge and innovation along the way.

Stop, Look and Listen 

Argandoña, Antonio

Reading this IESE Insight, I was reminded of Voltaire's quote that "common sense is not so common." This issue is packed with practical advice and wisdom, which comes as welcome relief as we are bombarded daily with sensational news. Stop, take a deep breath and let our dossier inject some common sense into the debate on globalization.

Better Together 

Argandoña, Antonio

"I'm the private sector; you're the public. What can we accomplish together that not only plays to our respective strengths and creates new opportunities for both of us, but that ultimately serves the public -- the clients and customers we exist to serve?" The answers are contained in this magazine.

A Buzzworthy Issue 

Argandoña, Antonio

Both business and academia are known for their buzzwords. Industry 4.0, the focus of this issue, is the latest one. Our dossier presents frameworks to understand what Industry 4.0 is, why it's important, and what companies must do to succeed.

Know Where to Start 

Argandoña, Antonio

"I know I have to do things I've never done before: that's not the problem. The problem is not knowing where to start." An aspiring manager said this to an IESE colleague, who replied: "Welcome to the challenging yet never boring world of being a manager!" Digital transformation is a case in point. As executives, we know we have to transform our businesses to keep pace with rapidly changing markets. Thankfully, this IESE Insight will help you get started.

Have No Fear 

Argandoña, Antonio

Change creates opportunities like never before. For proof, look no further than this issue of IESE Insight magazine. If tech talk scares you, this IESE Insight is your antidote to fear.

Caring About Sharing 

Argandoña, Antonio

You may not be in the sharing business, but don't think this issue of IESE Insight isn't for you. The "sharing economy" is shaping up to be one of the greatest social, economic, technological and human revolutions of our times. If you're not affected yet, you will be.

By the People, for the People 

Argandoña, Antonio

This IESE Insight is all about people -- a fitting subject, given that companies are essentially communities of people serving other people. And management is about encouraging people, with their individual motivations and autonomy, to work toward the shared objective of serving other people.

What Don't You Know? 

Argandoña, Antonio

A friend once told me about when he took over management of a large company that had just come out of a serious internal crisis. What worried him most were not the obvious problems but the ones that the outgoing team didn't mention because they didn't give them any importance. Might these silent killers still be present, capable of sinking the company? I was reminded of that conversation as I read the dossier on effective risk management.

Leading by Example 

Argandoña, Antonio

Recent scandals have seen a legal crackdown on mismanagement. But no amount of legislation will ever be enough if executives don't also change their corporate cultures and practices in favor of integrity. The CEO and the board, especially, must lead by example.

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