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Stop Focusing on Profitability and Go for Growth

Harvard Business Review

times global GDP) to more than $600 trillion (9.5 times global GDP). Our models suggest that by 2025 global financial capital could easily surpass a quadrillion dollars, more than 10 times global GDP. Global capital balances more than doubled between 1990 and 2010 — from $220 trillion (about 6.5

ROE 10
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18 of the Top 20 Tech Companies Are in the Western U.S. and Eastern China. Can Anywhere Else Catch Up?

Harvard Business Review

Google’s restructuring as Alphabet is one sign of its entry into several new vertical markets, including driverless cars, smart homes, smart cities, and health. Alibaba, the Chinese e-commerce leader, manages the world’s largest money market fund, and now plays an important role in financial and payment services.