Thought Leadership Wharton@Work Wharton Online Insights Wharton Wealth Management Initiative Wharton Wealth Management Thought Leadership Active vs. Passive Investing: Which Approach Offers Better Returns? Why Asset-Allocation Decisions Are Complex – and What to Do About It Wharton Wealth Management Initiative Academic Director Wharton School Press Research Centers for Interdisciplinary Study Wharton Wealth Management Initiative We distill the most cutting-edge financial research into real-world, real-time knowledge that wealth managers and investors can use for immediate impact. Learn more » Featuring Wharton School Press books — research-driven, fast-reading, and actionable guides that fit your busy life. Learn more » Wharton Thought Leadership Better decisions start with the deeper insight. Explore Wharton research and faculty perspective on the forces shaping business, with practical ideas to strengthen leadership and improve performance. New Research & Faculty Insights Succession Planning: Closing the Readiness Gap 86% of business leaders say succession planning is critical to organizational success. Only 48% believe their organization is very prepared for a leadership transition. New research from Wharton Executive Education and The Harris Poll reveals where succession planning falls short across seven global markets. A companion white paper brings together four faculty experts to examine how organizations can build stronger leadership pipelines and make leadership continuity an ongoing capability. Explore the Research » New Insights from Your Favorite Wharton Sources Wharton@Work Outlasting You: Succession Is the Founder’s Real Test Founders plan for everything except the day the company runs without them. Wharton’s Nancy Rothbard explains why succession is their real test. Read article » Knowledge@Wharton Don’t Abolish Business Schools. Make Them Accountable for Impact as well as Value In response to a recent essay in The New York Times, Wharton Vice Dean Witold Henisz argues that business schools should prepare managers to evaluate both value creation and broader social and environmental impacts. Read K@W article » Nano Tools Three Ways to Work with AI, and How to Choose Stop prompting. Start delegating. Ethan Mollick shares three ways to work with AI and how to choose the right one for the task. Read article » Wharton Bookshelf The Edge: How 10 CEOs Learned to Lead and the Lessons for Us All Management professor Mike Useem followed CEOs to discover how their leadership has evolved to meet today’s challenges. One takeaway: great leaders keep adding to their skill set; as circumstances change, new capabilities are required. Read more about the book » Having the right leadership in place to grapple with these new pressures and enterprise risks, in both the C-suite and the boardroom, is critical. The problem is that historically, these have not been issues that were at the top of the agenda for firms. That means many boards are simply not equipped to think through and manage them." Show More Less Mary-Hunter "Mae" McDonnell Associate Professor of Management, The Wharton School Research Centers for Interdisciplinary Study Wharton’s 30+ research centers and initiatives produce thought-provoking and timely analysis that is used by business leaders around the world. From customer analytics to public policy to sports and business, we connect leaders directly to the leading minds in business and the latest research that impacts your industry. Learn more »