Storytelling, shrinkflation, and more
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The Insightful Leader Logo The Insightful Leader Sent to subscribers on November 6, 2024
Storytelling, shrinkflation, and more

Need a break from the wall-to-wall U.S. election coverage? Look no further. Here’s a roundup of uplifting stories we’ve published recently that you may have missed.

Story power!

When it comes to creating a world we want to live in, don’t underestimate the power of stories. Research by a team of Kellogg researchers finds that sharing stories about how climate policies were successfully adopted abroad is an effective way to build support for policies closer to home. As Adam Waytz explains, “Lack of imagination is often a barrier to adopting novel behaviors.” Read more in Kellogg Insight.

Rom-communications?

Kellogg’s Eli Finkel turns to romantic comedies for important lessons into how we communicate (or miscommunicate) in life and in the office. For instance, where’s the fine between speaking up and overstepping? “We tell people to be bold and take the risks and try to make friends and try to initiate collaborations,” says Finkel, “knowing full well that if we’re doing that all the time, some of those efforts will be unwelcome.” Read more in Kellogg Insight.

“Rockets and feathers”

Okay, this one might primarily be uplifting for the economists in our audience. But wouldn’t it be neat if behavioral psychology could help explain some long-standing macroeconomic puzzles? Like the “rockets and feathers” phenomenon, where prices shoot up “like rockets” when production costs go up, while they gently fall “like feathers” when the same costs go down? Or shrinkflation, where a new box of cereal can now fit inside a pack of gum (or at least it could have, before the pack of gum shrank too)? In this article, Kellogg’s Sergio Rebleo and his colleagues insightfully bridge the gap between disciplines. Read more in Kellogg Insight.

Beyond burnout

What could be more inspiring than the knowledge that, yes, it may actually be possible to grow in your career without burning yourself out? In this podcast, Kellogg’s Sanjay Khosla explains. (Not a podcast person? There’s an article in Kellogg Insight, too.)

“If they don’t have alternatives that are good buys at this point, it makes sense to sit in cash and wait until the market corrects and then make purchases after that point.”

Robert Korajczyk, in CNN, on why Berkshire Hathaway is amassing cash rather than buying back its own shares, or otherwise investing.