As more sectors embrace a digital strategy — transportation, aviation, health care, energy, and so on — managers will find that a deep understanding of their market is still the most potent defense against competition. Recruit Holdings started out in the 1960s as an advertising company that published magazines for job seekers. Today the company specializes in HR and recruitment services; among its acquisitions have been the U.S. SinghaphanAllB/Getty Images. MORE

Many managers want to be more inclusive. For the most part, managers are not given the right tools to overcome the challenges posed by implicit biases. But this demands a lot of cognitive energy, so over time, managers go back to their old habits. MORE

More and more people are working remotely, and many say it improves their productivity and satisfaction — while also saving them time and money. “But times, they are a-changin’ We live in a different era.” Not only does working from home eliminate your commute, which for most people is “total wasted time,” but it also “allows you to be more focused and efficient.” Give your boss time. Stephen Smith for HBR. MORE

Today’s executives spend a lot of time managing the balance sheet, despite the fact that it doesn’t represent their company’s scarcest resource. According to Bain’s Macro Trends Group, the global supply of capital stands at nearly 10 times global GDP. In contrast, today’s scarcest resource is your human capital, as measured by the time, talent and energy of your workforce. How can we manage human capital better? Time is finite. MORE

While university degrees and grades have done that job for a long time, they’ve done it imperfectly. GitHub is a social networking site for web developers to collaborate on open-source code management. At the same time, each person would similarly be able to identify his or her own skills gaps that need to be filled. How talent management is changing. Developing employees Leadership development Talent management Digital Article MORE

Fair managers can reap big dividends. In a recent paper , published at the Academy of Management Journal, we propose that one explanation is that many managers are, simply put, too busy to be fair. They are often expected to juggle multiple responsibilities under intense time and work pressures , and so treating employees fairly may take a backseat to other pressing priorities. These are complex, effortful, and time-consuming activities. MORE

One of the very first lectures I give each year to new MBA students is about time management. By the time they arrive in my classroom, they are two days into the fall term, and I can already see that some of them are barely keeping their heads above water. Simply giving them permission to take control of their priorities — focusing on the “management” portion of time management — seems to lift some of the tension from the room. MORE

Leaders must manage the present while preparing for the future. In a recent example, Elon Musk (currently serving as the CEO of Tesla, SpaceX, and Neuralink, all at the same time) spent the full 24 hours of his 47 th birthday at work. maria freyenbacher/Getty Images. MORE