article thumbnail

Business Model Innovation Will Be Key To Emerge From Covid Well

The Horizons Tracker

A new paper from the University of Cambridge argues that business model innovation will be key to emerging from the pandemic in the best economic health. “We posit that rapid productivity growth offers the only viable option and that it can reduce the debt to GDP ratio to pre-pandemic. ” Encouraging innovation. .”

article thumbnail

How Ready Are Companies For The Post-Pandemic World?

The Horizons Tracker

For instance, during 2020, GDP in advanced economies plummeted, with many businesses having to shut for prolonged periods, and nearly all having to rapidly adapt to the changing conditions. The Covid pandemic has undoubtedly been one of the most disruptive periods in most organizations’ history.

Company 127
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Do We Need A Recruitment Agency For Robots?

The Horizons Tracker

“In Japan, one shift by one employee checking parts is approximately $50,000 per year, and our business model is simple, ” SixAI founder and chairman Ran Poliakine told me recently. Indeed, a 1% increase in investment correlates with a growth in GDP per capita of 0.03%.

TCO 84
article thumbnail

GDP Is a Wildly Flawed Measure for the Digital Age

Harvard Business Review

Gross Domestic Product (GDP), our core measure of prosperity, was developed during the industrial age. Our research into business models clearly indicates a world where networks and digital assets are more valuable than things and “access” is more convenient than ownership.

GDP 8
article thumbnail

Women and the economy: an opportunity for growth

Strategy Driven

As Christine Lagarde, Managing Director of the International Monetary Fund states: if women were employed at the same rate as men, GDP would increase by 5 percent in the United States, by 9 percent in Japan and by 27 percent in India. It is time to unveil some figures and share thoughts on this hidden treasure: women.

Mentor 50
article thumbnail

The False Choice Between Automation and Jobs

Harvard Business Review

The performance benefits for companies are compelling and not just (or even mainly) in terms of reducing labor costs: automation can also bring whole new business models, and improvements that go beyond human capabilities, such as increasing throughput and quality and raising the speed of responses in a variety of industries.

GDP 8
article thumbnail

China, America, and Copycat Economics

Harvard Business Review

In the second quarter of 2011, China's Gross Domestic Product (GDP) growth slowed to 9.5%. From the vantage point of many in the United States, where optimistic estimates of GDP growth continue to be cut and now hover around 2%, it seems that the Chinese "problem" is a nice one to have. That was down from 9.7%

GDP 12