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How Bad Leadership Spurs Entrepreneurship

Harvard Business Review

Therefore, bad leadership — or, if you prefer, incompetent management — is a major source of entrepreneurship. their companies account for over $3 trillion of GDP (for the sake of comparison, that's 40% of China's entire GDP). Does this imply that we should hope for more incompetent leadership in the future?

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3 Emerging Market Risks Companies Should Watch for in 2018

Harvard Business Review

This means that many emerging market risks get cut from the senior leadership agenda. We identified three emerging market risks that are top multinational leaders should be paying more attention to this year: the election of populists in Brazil and Mexico increasing the cost of doing business. growth in real GDP.

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Democracy's Debt Dilemma

Harvard Business Review

And at that time, the United States had a public debt/GDP ratio of around 65% — a number that has since passed 100%. According to The Economist , the world's governments currently hold debts of approximately $45 trillion (relative to a world GDP of $65 trillion ). Nearly every major democracy is now struggling with public debt.

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Can America’s Blue States Tackle Climate Change on Their Own?

Harvard Business Review

Still, these coastal states are a powerful force in national markets, containing 26% of the nation’s population and producing 30% of its GDP. They have the ability to protect infant green industries from the market power of incumbents that do not internalize their environmental costs. While the U.S.

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How GE and IBM are Playing Global Development to Win

Harvard Business Review

Four years ago, GE initiated a strategy to compete more effectively in Africa, one of the fastest growing regions in the world in terms of GDP. The company’s leadership moved proactively to accelerate it and shape it. “If Playing development to win does have costs. GE did more than take advantage of growth as it came.

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Your Board Should Be Full of Activists

Harvard Business Review

Vanguard holds more than $3 trillion in assets, making it the equivalent of the world’s fifth largest country in GDP, ahead of France. In its 2013 proxy statement , GE announced that it is searching for director candidates who will bring technology, marketing, finance — and “leadership” experience to the boardroom.

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How China’s Government Helps — and Hinders — Innovation

Harvard Business Review

As the era of China as the world’s low-cost manufacturer comes to an end, innovation has become the most important element in the state’s development blueprint. Total investment in R&D (as a proportion of GDP) grew from 0.9% in 2000 to 2.0% in 2015 and is on track to reach a targeted 2.5%