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This study examines the critical importance of humility in leadership, reflecting on insights from Philip Zimbardo's Stanford Prison Experiment and assessing how power dynamics manifest in different societal environments. This study aims to understand how humility and ethical leadership can deter the misuse of power and encourage the development of a more inclusive and compassionate society.

This study uses a qualitative approach, drawing insights from psychological studies, and organisational research. It integrates theoretical concepts such as the “Lucifer Effect” with insights from prior research to illustrate the impact of humble and ethical leadership in diverse settings.

This review indicates that power abuse is frequent in many societal frameworks, causing detrimental impacts such as decreased job satisfaction, heightened stress and greater turnover rates. This study highlights the importance of humility and ethical leadership in mitigating these effects.

Organisations can benefit from incorporating humility and ethical standards into their leadership training programs. By enhancing self-awareness and emotional intelligence among leaders, workplaces can become more nurturing and efficient.

Promoting humility and ethical leadership can lead to more equitable and compassionate societies. By valuing each individual's intrinsic worth and fostering inclusive environments, leaders can contribute to broader social well-being.

This study uniquely connects the psychological findings from the Stanford Prison Experiment with contemporary leadership practices, emphasising the practical implications of humility in leadership. It offers a comprehensive view of how ethical leadership can be cultivated and its benefits realised.

After completion of the case study, students will be able to analyze the marketing mix strategy of a firm, discuss the importance of a generic strategy to gain a competitive advantage, analyze the basis of consumer segmentation in furniture and highlight the importance of positioning in influencing the overall marketing mix strategy of a firm.

It was April 18, 2022. Puneet Singh Seehra (Seehra), the owner and director of Shearling Skins Private Limited (Shearling), was visibly worried as he was looking at the recent sales report. Shearling was in the business of manufacturing premium-quality furniture for corporate clients. Seehra was happy about the growth of his company. However, he was lately concerned about the declining sales figures. Some important questions were troubling Seehra. Was competition eating into his business? How could he differentiate Shearling from competition? What was the right marketing strategy for a market dominated by unorganized competitors and a few major players? His head spinning, he leaned back on his chair as he looked out of his office window.

The case study can be taught in a graduate-level course in marketing or strategy.

Teaching notes are available for educators only.

CSS: 8 Marketing

The purpose of this paper is to highlight the importance of sustainable management practices in the current era. The paper highlights the critical role that HR Professionals play in driving this sustainability agenda in organizations.

The paper delebrates on how the philosophy of various stakeholders has changed in recent years in embracing responsible management practices. The paper also discusses the role of HR Professionals in embedding and internationalizing a sustainable strategy into the organizational culture. It also discusses some ways with the help of suitable examples from the industry.

As globalization, ever-changing demographics and competition for the world’s draining resources force transformational change, businesses would require leadership that is not only enlightened but sustainability-savvy as well to prosper. HR has a very critical role to play in aligning talent with these emerging realities.

This paper discusses how a growing number of organizations are acknowledging sustainability as a key differentiator for competitive advantage. Furthermore, it discusses the significance of HR Professionals in pushing the sustainability agenda in their organizations. It also presents the strategies and methods to achieve the same with the help of suitable examples.

The purpose of this paper is to highlight the role of interpersonal skills in getting ahead in one’s career.

The inferences have been drawn on the basis of available literature as well as author’s experiences and observations spread over two decades.

With the changing workplace from traditional to virtual office and now to work-from-home, the role of interpersonal skills has become even more critical. Across sectors, if you want to have a successful career, interpersonal skills are vital for getting ahead. The author emphasizes the need for continuous upskilling and reskilling of employees with respect to soft skills.

This paper intends to provide a viewpoint on a subject that is sometimes not taken as seriously as it should be. Often employees focus more on learning and upskilling their technical skills while neglecting their people skills. The author offers some valuable insights for business leaders to lay emphasis on employee’s communication and interpersonal skills so as to allow the firm to run smoothly and to make day-to-day functions effective and efficient. This would be a win-win situation for organizations as well as the employees.

This paper aims to highlight the under-representation of women in leadership positions across the world.

The authors add their unbiased views in presenting the most relevant information found in literature.

The paper examines the representation of women in the leadership positions such as board members and/or CEOs/top executives in the corporate world across the globe to understand the new developments that may be changing the status quo. This is a review of legislative changes on bringing parity in boardrooms and its impacts in certain countries where such changes are already implemented. The changes implemented through quotas, penalties, and incentives for including women in boardrooms in certain countries in Europe, Australia, Canada, India, and Kenya show that finally the absence of women in boardrooms has been noticed. The countries are moving towards legal compliance; however, there is still a dearth of women CEOs around the world.

The paper points toward the fact that the interventions that have happened are late and have failed capable women who could have reached their full professional potential in the western world. Also, taking a cue, the rest of the world can impose sufficient and timely legislative change to leapfrog to a gender equal society at every level, including at the top.

The paper compiles the most significant facts and figures and presents them in a very concise manner for any busy executive or researcher thus saving hours of reading time.