Harvard Business Review

NOVEMBER 29, 2013

Its gross domestic product has surged from less than $150 billion in 1978 to $8,227 billion in 2012 (see “China’s GDP” chart below). Despite these impressive achievements, there is still plenty of room for catch up, with China’s per capita GDP only a fifth of the U.S. percentage points of GDP growth in 1979-1989, 0.5

GDP 10

GDP Supply Chain Globalization Technology 10

Harvard Business Review

DECEMBER 9, 2015

Yet the determinants of its successful development are far from established or well understood. Estimates show that around 8% of China’s GDP growth is driven by the shift of resources from the public sector to the private. My own research with John Van Reenen has shown that GDP growth would be lower by between 0.43

GDP 8

GDP Human Capital Fixed Assets Efficiency 8

Harvard Business Review

APRIL 18, 2017

Higher diversity is therefore associated with lower productivity, which inhibits the capacity of the economy to operate efficiently. At the same time, diversity in societal norms, customs, and ethics can nurture technological innovation and the diffusion of new ideas, and thus the production of a greater variety of goods and services.

Long-term 9

Long-term GDP Diversity Construction 9

Harvard Business Review

FEBRUARY 5, 2018

The catch is that adopting these technologies will disrupt the world of work. People will be augmented by increasingly capable machines acting as digital working partners and assistants, further requiring ongoing skills development and evolution. Broadly distributing income gains will then translate productivity growth into GDP growth.

GDP 8

GDP Globalization Short-term McKinsey 8

Harvard Business Review

AUGUST 5, 2015

The heart-wrenching scene reminded me of the terrible challenges that today’s job-seekers face thanks to the advance of technologies that make human labor obsolete. In emerging markets, labor’s share of GDP is declining in 42 out of 59 countries, including China, Mexico and India. So what are we to do?

GDP 8

GDP Porter Education Globalization 8

Harvard Business Review

JANUARY 20, 2015

Without an acceleration in productivity growth, the rate of global GDP growth is set to decline by 40% from 3.6% MGI has identified sufficient opportunities to boost productivity growth to 4% in the 19 national economies of the G20 group plus Nigeria, which together account for 80% of world GDP. a year between 1964 and 2012 to only 2.1%

Globalization 8

Globalization Productivity Products GDP 8

Harvard Business Review

AUGUST 23, 2011

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 13

GDP Christensen Disruptive Innovation Business Model 13

Harvard Business Review

JUNE 9, 2014

The key to such a change is developing an innovation-oriented industrial structure and a well-functioning innovation system. Currently, the annual expenditures for research and development (R&D) amount to 0.67% of Greece’s GDP. to 3% of their GDP. to 3% of their GDP.

Planning 8

Planning GDP Tourism Innovation 8

Harvard Business Review

JUNE 4, 2015

From BMW’s self-driving car to smart door locks and bells, and Wi-Fi tea pots, there were hundreds of exhibitors who presented their IoT-ready technology. GE has been developing Industrial Internet software and applications for several years, and spent more that $1 billion to launch its global software center in San Ramon, Calif.

Industry 8

Industry Software GDP Engineering 8

Harvard Business Review

APRIL 4, 2011

The bill hopes "to advance the mutual interests of the United States and Africa with respect to the promotion of trade and investment and the advancement of socioeconomic development and opportunity." The African diaspora has played key roles in the development of the continent. From Nigeria's Azikiwe to Ghana's Nkrumah , the U.S.

AIDA 11

AIDA AIDAS GDP Education 11

Harvard Business Review

AUGUST 5, 2015

The Southeast Asia city’s rapid growth echoes the story of the so-called “unicorns” — technology start-ups that rapidly grew to a billion-dollar valuation and beyond. But as start-ups mature, the grow-at-all-cost narrative will be replaced by a flight to capital efficiency and profitability.

Outsourcing 8

Outsourcing Technology B2B GDP 8

Harvard Business Review

NOVEMBER 30, 2017

A few outlier industries (notably pharmaceuticals, medical devices, and computers) prop up the sector’s aggregate performance; most others have experienced flat growth or outright declines in real GDP over the past two decades. It’s clear why pain in the domestic supplier base matters from a policy perspective.

Supply Chain 8

Supply Chain McKinsey Incentives Bottom-up 8

Harvard Business Review

SEPTEMBER 10, 2014

When people talk of valuable platforms, they are typically thinking of things like the operating systems for personal computers, tablet computers, and smartphones, all of which allow and indeed encourage software developers to invent “apps”; or the Amazon selling system which provides a layer of basic logistical functions for independent retailers.

Transportation 8

Transportation Price Airlines Retail 8

Harvard Business Review

FEBRUARY 17, 2012

What do you think causes millions of people to miss work and school in developing economies? In South Asia and sub-Saharan Africa, another long-term study found that "more equal education between men and women could have led to nearly 1 percent higher annual per capita GDP growth" in each country. Lack of childcare?

Franchising 13

Franchising CEO GDP Entrepreneur 13

Harvard Business Review

FEBRUARY 24, 2011

US health care costs are currently 17% of GDP ($2.5 Health systems in developing countries range from providing basic care to everyone to almost nothing to anyone, other than what they can buy out-of-pocket in the least efficient way. In developing countries, the challenges are greater and the manpower more limited to meet them.

Health Care 14

Health Care Innovation GDP Cost 14

Harvard Business Review

SEPTEMBER 4, 2017

Productivity in most developed economies has been anemic. 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. For too long, business objectives and management philosophies have focused on efficiency over productivity.

Human Capital 13

Human Capital Kaizen Agility Energy 13

Harvard Business Review

MARCH 31, 2015

GDP than the air transportation, motion picture, sound-recording, performing arts and spectator sport industries.” Technology to do this exists, and it has implications for what managers can do before, during, and after the events they sponsor or attend. No technology can help managers who are unable or unwilling to set goals.

CRM 8

CRM ROI Budgeting Public Relations 8

Harvard Business Review

JANUARY 18, 2016

An effective starting point is to break cities into four segments across two distinctions: legacy vs. new cities, and developed vs. emerging economies. Segment 1: Developed Economy, Legacy City. Implications for entrepreneurs: Denizens of developed legacy cities have discretionary income. Segment 4: Developed Economy, New City.

Real Estate 8

Real Estate Entrepreneur Finance Innovation 8

Harvard Business Review

JANUARY 14, 2016

Nineteen days later, as rescue crews grew desperate, a 24-year-old field engineer named Igor Proestakis decided to travel to the site with what he hoped was a breakthrough idea: using a particular drilling technology, called cluster hammers, to cut through the collapsed rock. So what is holding these engineers back?

Engineering 8

Engineering Project Benchmarking Hammer 8

Harvard Business Review

FEBRUARY 2, 2015

This is the kind of technology—and the type of firm—that will make renewable energy more efficient and more cost-effective. Indeed, in a world where globalization and rapid technological changes are the norm, manufacturing, high-tech development, and innovation clearly require a different level of support.

Industry 8

Industry McKinsey Engineering Innovation 8

Harvard Business Review

FEBRUARY 29, 2012

People confuse the two — you need both for sustainable development. It is estimated that the world population will grow from seven billion today to nine billion by 2050, with much of that growth in developing countries. With a corresponding increase in living standards, hydrocarbon energy is essential for economic development.

Policies 11

Policies Energy Transportation Politics 11

Harvard Business Review

JULY 9, 2015

For the last decade, Africa’s GDP has been growing quickly. The African Development Bank (AfDB) is the most visible organization tasked with shepherding that inclusive innovative growth. In May, AfDB shareholders elected former Nigerian agriculture and rural development minister Akinwumi Adesina as AfDB President.

Banking 8

Banking Globalization Credit Rating Short-term 8

Harvard Business Review

NOVEMBER 8, 2013

When the Chinese Communist Party’s central committee wraps up the Third Plenum on November 12, 2014, a shift from efficiency to innovation will likely be one of the major planks in its vision for China. of GDP in 2012 from 1.1% However, only 13% believed that China would have overtaken the US on the technology frontier by then.

Innovation 8

Innovation Globalization Venture Capitalist GDP 8

Harvard Business Review

APRIL 18, 2012

GDP, outcomes are worse than in other developed countries, and an attempt to fix the system through the Affordable Care Act (ACA) now sits in the hands of the U.S. There are few more personal, passionate, and political topics than health care. The reasons for this are clear: Health care spending has reached 17% of the U.S.

Health Care 11

Health Care Incentives Quality Cost 11

Harvard Business Review

DECEMBER 20, 2011

trillion to the GDP, or about one-fifth of the nation's total gross domestic product. Public policy must protect consumer privacy without hindering technological innovation. That's one in four jobs, making retail the largest private sector employer, dwarfing the numbers seen in major fields such as manufacturing and health care.

Retail 12

Retail Policies Supply Chain Health Care 12

Harvard Business Review

APRIL 18, 2012

This was just one round in a developing fight over the rules and norms that govern the international political economy. Writing in 1979, Roger Hansen (in Beyond the North-South Stalemate ) succinctly characterized the choices faced by developed and developing countries in the face of these demands. In retrospect, not very much.

Globalization 11

Globalization Banking Restructuring Politics 11

Harvard Business Review

DECEMBER 1, 2015

has committed to reducing its greenhouse gas emissions by 26% (to 28% below its 2005 level) by 2025, the EU will cut emissions 40% by 2030 compared to 1990, and China will hit peak emissions by 2030 (or earlier), lower its emissions per unit of GDP by 65%, and increase use of renewables to 20% of energy consumption. For example, the U.S.

Conference 8

Conference Supply Chain Commitment Energy 8

Harvard Business Review

SEPTEMBER 10, 2015

Are Israeli companies on the verge of developing a repeatable playbook to scale their companies and become market leaders, not just acquisition fodder for the Silicon Valley giants? At nearly 4% of GDP , Israel spends more on R&D — public and private combined — than any nation in the world.) But is all of that changing?

Venture Capitalist 8

Venture Capitalist Entrepreneur Marketing IPO 8

Harvard Business Review

OCTOBER 20, 2016

If more of them can be identified, developed, and appointed, we believe the whole education system will improve. Soldiers like efficiency and order. By background they are normally Information Technology or Chemistry teachers (95% in our study), who have often moved out of the classroom to manage support staff early in their career.

Long-term 8

Long-term Education GDP Short-term 8

Harvard Business Review

DECEMBER 14, 2016

Indeed, since the chaos erupted, the prime minister has tweeted : “Time has come for everyone, particularly my young friends, to embrace e-banking, mobile banking & more such technology.” India uses a lot of cash by any measure. Related Video. Where the Digital Economy Is Moving the Fastest. million hours and $0.5

Banking 8

Banking Cost Policies Supply Chain 8

Harvard Business Review

DECEMBER 17, 2013

PwC’s annual Low Carbon Economy Index report concluded that we must lower global carbon intensity (the amount of carbon produced for every dollar of GDP) by 6% per year until 2100, a percentage point lower than last year’s report recommended. So what’s really new this year? Let’s dive in. The Big Picture.

Supply Chain 9

Supply Chain McKinsey Apparel Energy 9

Harvard Business Review

FEBRUARY 8, 2018

Theories and practices of management often spring from the opportunities created by new technologies. Client-server technology begat enterprise resource planning systems, and the consequent system-wide visibility that was required for what we call business process management (BPM). How it effects product design and customer experience.

Management 10

Management Software BPM Technology 10

Harvard Business Review

JULY 12, 2017

Yet in this short period, digital technologies have upended our world. Digital technology is widespread and spreading fast. Digital technologies are poised to change the future of work. Automation, big data, and artificial intelligence enabled by the application of digital technologies could affect 50% of the world economy.

Innovation 8

Innovation Policies Technology Politics 8

Harvard Business Review

DECEMBER 20, 2016

President Obama, with his counterparts in Canada and Mexico, agreed to some aggressive regional targets on renewable energy and efficiency. At the state level, New Jersey passed a big new gas tax , and Oregon , Illinois , and California developed robust energy and climate policies. All of this will affect companies of all stripes.

Energy 8

Energy Banking Chemicals Globalization 8

Harvard Business Review

OCTOBER 5, 2017

While flights of imagination from science-fiction writers, filmmakers, and techno-futurists involve things like flying cars and teleportation, in practice smart technology is making inroads in a piecemeal fashion, often in rather banal circumstances. The potential for technologies to enable smart societies is rising. trillion by 2026.

Benchmarking 9

Benchmarking Globalization Technology Policies 9

Harvard Business Review

JULY 28, 2016

New workers embarking on their careers are finding that their education is incomplete in many areas essential to our technology-driven lives today. While all of these are contributing factors, the major factor, in our view, is the deflationary effect of technology, which our measurement systems fail to account for.

GDP 8

GDP Wilde Intangible Assets GAAP 8

Harvard Business Review

NOVEMBER 4, 2016

has recently experienced a rise in income inequality to levels last seen in the 1920s, and other countries, especially developed ones, have registered similar if less dramatic increases. What role globalization has played in all this is a matter for debate. it seems implausible to blame the much higher level of inequality in the U.S.

Globalization 8

Globalization Education Policies Survey 8