Remove Cost Remove GDP Remove Innovation Remove Leadership
article thumbnail

Book Review: The Coming Jobs War

Lead on Purpose

This really has to be a war on job loss, on low workplace energy, on healthcare costs, on low graduation rates, on brain drain, and on community disengagement,” he says. Those things destroy cities, destroy job growth and destroy city GDP. More money, jobs and GDP turns on who is named manager than on any other decision,” says Clifton.

Books 228
article thumbnail

Is the Cost of Innovation Falling?

Harvard Business Review

The answer to that question has dramatic consequences for low-GDP countries and small businesses everywhere. If the cost of innovation is falling, that should enable more of it from poorer countries, companies or cooperatives. If it's not, the already big and already rich will dominate innovation.

Cost 8
Insiders

Sign Up for our Newsletter

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

article thumbnail

3 Entrepreneurs Who Made It Their Mission to Lower Health Care Costs

Harvard Business Review

which cries out for breakthrough healthcare delivery innovations that aim at significant cost reductions and wider coverage. trillion, or almost 18% of its GDP , on health care — that’s $10,000 per person, twice as much as any other country in the industrialized world. Innovation has the power to ratchet down U.S.

article thumbnail

The Case for Innovation in Health Care

Harvard Business Review

Editor's note: This post is part of a three-week series examining innovation in health care, published in partnership with the Advanced Leadership Initiative at Harvard University. Provide financial security against the costs of ill-health. US health care costs are currently 17% of GDP ($2.5

article thumbnail

How Bad Leadership Spurs Entrepreneurship

Harvard Business Review

those who have the talent and drive to be inventive and enterprising) were happy at work, or at least felt that their ideas are being valued, they would contribute to innovation and growth in their employers' organization, rather than setting up their own company. Indeed, if entrepreneurial employees (i.e., Not really.

article thumbnail

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. Given its ideological leanings, China presents itself as a unique experiment in the power of the state to help the economy become more innovative.

article thumbnail

The Case for Investing More in People

Harvard Business Review

In the decade between 2005 and 2015, labor productivity in the US as measured by GDP per labor hour was less than 1% for 7 of the 10 years, according to the OECD. In turn, the company is achieving lower levels of employee and customer churn, and correspondingly lower employee hiring and customer acquisition costs.