Every founder has a story about necessity forcing genius. The stories obscure the math: failures outnumber successes two to one. New research from Dencker, Bacq, Gruber, and Haas in the January 2021 Academy of Management Review reframes necessity as part of a motivational continuum, not a binary with opportunity. Basic needs, psychological needs, and self-fulfillment each demand a different focus. The process stays the same. The purpose changes. Leaders get to choose which.

Do opportunities exist out in the world waiting to be discovered, or do entrepreneurs conjure them into being through sheer force of will? The August issue of Academy of Management Perspectives opens with Eminem lyrics and then spends five articles wrestling with this unexpectedly practical question. The answer matters more than it sounds. How your organization talks about opportunity shapes who gets rewarded, which ideas get traction, and whether your firm keeps creating the

New research from King's College London: only 16.7% of Covid patients held potent antibodies past 65 days. If the findings hold, the virus behaves more like the common cold than chickenpox, and any vaccine may offer only a short window of protection. The implication for business leaders is blunt, duck-and-cover strategies will fail. The job isn't to wait out the virus. It's to build a business that thrives alongside it.