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For many decades, the Pentagon has bought most of its equipment from five big defense contractors: Lockheed Martin, RTX, Northrop Grumman, Boeing, and General Dynamics. Is all that about to change? Chicago Booth's Marc Knez talks about how Anduril, a tech startup, is threatening to disrupt the defe…
Sometimes information is freely available and would be useful, but we choose to avoid it. Why do we do that, and does it make any sense? Chicago Booth's Jane Risen talks about her research on willful ignorance. As small children most of us are permanently curious and never stop asking why, but olde…
Do accountants merely measure company activity, or do they actually make it better? Chicago Booth's Mike Minnis talks about his research on auditing and productivity. Do audits make companies perform better, or do effective managers choose to get audited?
The Peter Principle observes that employee tend to rise to their level of incompetence. It's a sarcastic take on corporate culture, but many of us have seen technically brilliant people get promoted into nontechnical roles where they struggle to manage people and teams. Chicago Booth's Christine Ca…
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