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The Importance Of Immigrants For The Future Of Tech

The Horizons Tracker

The importance of migrants was underlined during the Covid-19 crisis when it was revealed that the founders of both BioNTech and Moderna, two of the companies at the forefront of the development of a vaccine against the virus, are immigrants to the United States and Germany respectively. This should perhaps come as no surprise.

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Even for Companies, the U.S. Is Split Between Haves and Have-Nots

Harvard Business Review

Companies in the top one-fifth of profitability earn, in aggregate, about 70 times more economic profit (accounting profit less cost of capital) than those in the middle three-fifths combined, according to McKinsey’s database of 3,000 large, publicly listed, nonfinancial U.S. Sound familiar? There are many.

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Greeceā€™s Problem Is More Complicated than Austerity

Harvard Business Review

What’s more, the recent McKinsey study on Greek competitiveness shows that the country’s biggest challenge has been a lack of investment. Yet if we want to understand and fix the Greek crisis, we must look at its structural causes, not just its symptoms. But on social justice the claim is more than questionable.

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Women on Boards: America Is Falling Behind

Harvard Business Review

A 2010 McKinsey study finds that across all industry sectors, companies with the most women on their boards of directors significantly and consistently outperform those with no female representation: by 41 percent in terms of return on equity and by 56 percent in terms of operating results. As of 2010, women held just 15.7

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Prepare for the New Permanent Temp

Harvard Business Review

Temporary employment has jumped 50% since the depths of the financial crisis. A recent McKinsey & Co. The profound difference between today [2010] and 2005 is that good hires looked like better investments than great tweaks back then. In 2010, good tweaks look like better bets than even great hires.".

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The Fortune Global 500 Isnā€™t All That Global

Harvard Business Review

And Bain & Companyā€™s analysis of the performance of nearly 100 Western firms with listed subsidiaries in emerging markets found that these companies increased their profits there by an average of 15 percent a year between 2005 and 2010ā€”compared to 23 percent a year for comparable local companies.

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The Fortune Global 500 Isnā€™t All That Global

Harvard Business Review

And Bain & Companyā€™s analysis of the performance of nearly 100 Western firms with listed subsidiaries in emerging markets found that these companies increased their profits there by an average of 15 percent a year between 2005 and 2010ā€”compared to 23 percent a year for comparable local companies.