Harvard Business Review

DECEMBER 21, 2016

AI policy should be an urgent concern. The two reports – one by a subcommittee of the new National Science and Technology Council , and a second on AI and R&D — were prepared with remarkable speed, especially relative to the traditional pace of government. Here are the highlights. In only six months, the U.S.

Policies 8

Policies Report Technology Incentives 8

Harvard Business Review

APRIL 12, 2017

China is already the largest market for robots in the world, based on volume. We examined their automation potential today — what’s possible by adapting demonstrated technologies — as well as the potential similarities and differences in how automation could take hold in the future. Insight Center. The Age of AI.

GDP 14

GDP Globalization Policies Technology 14

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 12

GDP Supply Chain Globalization Technology 12

Harvard Business Review

MARCH 6, 2017

economy depends on technological progress, but recent data suggests that innovation is getting harder and the pace of growth is slowing down. A major challenge in business and policy spheres is to understand the environments that are most conducive to innovation. The competitiveness of the U.S. One way to do that is to look to history.

Innovation 11

Innovation GDP Education Technology 11

Harvard Business Review

FEBRUARY 5, 2018

The catch is that adopting these technologies will disrupt the world of work. Even if this were possible—and it may be as futile as King Canute’s attempts to turn the incoming tide—it would mean foregoing the beneficial productivity effects the technology would bring. Other options are also less than desirable.

GDP 8

GDP Globalization Short-term McKinsey 8

Harvard Business Review

JANUARY 9, 2015

But today this malaise is most acute in the euro zone , where demand has been depressed due to counterproductive fiscal policies. The policy response to the global financial crisis exacerbated and entwined these trends still further. With fiscal remedies on the sidelines, monetary policy had to take up the slack.

GDP 8

GDP Bond Banking Policies 8

Harvard Business Review

MARCH 14, 2017

As I said at the time, it was a case study in poor policy and even poorer execution. The original reason given for the drastic demonetization action was to expose the so-called “black” market, fueled by money that is illegally gained and undeclared for tax purposes. Overnight, 86% of cash in circulation was voided.

Banking 10

Banking GDP Policies Real Estate 10

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. While the men of Finisterre could flee economic conditions in Spain, there is no escaping employment market upheaval in the digital age. So what are we to do?

GDP 8

GDP Porter Education Globalization 8

Harvard Business Review

MAY 27, 2014

in the most radical technologies. by 66%, manufacturing in Germany employed 22% of the workforce and contributed 21% of GDP in 2010. In 2010, just under 11% of the workforce was employed in manufacturing, and manufacturing contributed 13% of GDP. But the fairy tale that the U.S. Germany is just as good as the U.S. In the U.S.,

Innovation 15

Innovation GDP Telecommunications Industry 15

Harvard Business Review

DECEMBER 9, 2015

Some find evidence of a clear improvement of total factor productivity since market-oriented reforms began in 1979, estimating that the increase in TFP contributed about 40% to GDP growth, roughly the same as that contributed by fixed asset investment. There was also a slowdown in TFP after the mid 1990s. percentage points of the 7.3%

GDP 8

GDP Human Capital Fixed Assets Efficiency 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

JANUARY 31, 2018

The basic fact is that technology eliminates jobs, not work. It is the continuous obligation of economic policy to match increases in productive potential with increases in purchasing power and demand. Nonetheless, with the right policies we can get the best of both worlds: automation without rampant unemployment.

Policies 8

Policies Aggregate Demand Technology Education 8

Harvard Business Review

SEPTEMBER 17, 2018

In fact, by some measures, the best emerging-market firms are more competitive than firms in advanced economies including the United States and the United Kingdom. For our research , we looked at 71 emerging economies and identified 18 that achieved rapid and consistent GDP growth over the past 50 and 20 years.

Depreciation 8

Depreciation Long-term Short-term GDP 8

Harvard Business Review

MARCH 11, 2016

A new restaurant or dry cleaner probably won’t end up hiring thousands of employees or commercializing new technology. in GDP 11 years in the future,” the authors report. By contrast, startup quantity is less correlated and not significantly linked once the city’s current GDP is controlled for.

GDP 8

GDP IPO Venture Capitalist Gordon 8

Harvard Business Review

MARCH 12, 2012

Investing in innovators simply can't happen in markets with weak property rights. But nations are catalyzing global winners and losers by the policies they make. Human productivity was low and few technologies, at large scale, were created. was recording its GDP in hundreds of millions of dollars — not billions.

GDP 11

GDP Travel Innovation Globalization 11

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

MAY 11, 2017

” Rapid technological advance in computers and automation has led to a huge fall in the quality-adjusted price of capital equipment. Firms with a cost or quality advantage have always enjoyed higher market shares. By contrast, the new behemoths of our age capture a much larger fraction — if not all — of their market.

GDP 8

GDP Video Sharpe Consensus 8

Harvard Business Review

APRIL 4, 2011

Nigeria moved from a GDP of $35 billion to $207 billion within a decade largely because of massive investment from foreign business partners in information technology and banking. Today, college graduates are opening knowledge companies that support one of the world's fastest-growing mobile markets.

AIDA 11

AIDA AIDAS GDP Education 11

Harvard Business Review

FEBRUARY 29, 2012

Like Japan, China combines statist industrial policies with export-oriented development. The United States, which needed allies against the Soviet Union, not only tolerated Japanese protectionism but also transferred advanced technology to Japan and subsidized Japanese firms. competitiveness. China, by contrast, is simply open.

Comparison 14

Comparison GDP Technology Outsourcing 14

Harvard Business Review

MAY 5, 2016

But peruse some of the recent headlines about Iran , and you might wonder whether the market’s potential was overstated. However, despite a weakened economy, political tensions, market uncertainty, and the lingering effects of sanctions, Iran remains an important opportunity for multinationals in emerging markets.

Tourism 8

Tourism Banking Due Diligence Hotels 8

Harvard Business Review

APRIL 16, 2014

CEOs are proactively engaging with emerging market government to spur economic development and create opportunities for their companies. In the fast growth markets of Asia, Africa and Latin America, national governments are responding to a more empowered citizenship, and looking for corporate partners to achieve their development goals.

Globalization 8

Globalization Development Supply Chain Long-term 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. They employ 12.3

Industry 8

Industry McKinsey Engineering Innovation 8

Harvard Business Review

AUGUST 8, 2013

Carew at the Progressive Policy Institute. It also doesn''t include people who are actively contributing to GDP by working as volunteers or interns — roles that have become increasingly attractive to cost-cutting companies, and to experience-desperate would-be workforce entrants.

Education 9

Education GDP Report Participative 9

Harvard Business Review

JULY 9, 2015

For the last decade, Africa’s GDP has been growing quickly. Adesina’s success in applying market mechanisms to create widespread opportunity lead Forbes to name him African of the Year in 2013. It displays a healthier, more transparent dialogue that can advance public policy and catalyze investment.

Banking 8

Banking Globalization Credit Rating Short-term 8

Harvard Business Review

DECEMBER 14, 2016

In the meantime, retail and wholesale markets have stalled around the country. People up and down the income spectrum are dealing with changing cash withdrawal policies and empty ATMs. The disruptive action did not originate in a small segment of the market; it was launched nationwide. India uses a lot of cash by any measure.

Banking 8

Banking Cost Policies Supply Chain 8

Harvard Business Review

FEBRUARY 17, 2012

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. 11/pad) for the cheapest imported sanitary pad can often be simply unaffordable. Emotion Creates a Common Language.

Franchising 13

Franchising CEO GDP Entrepreneur 13

Harvard Business Review

MARCH 7, 2012

GDP while undertaking 40.9% businesses appear to be the result of both labor-saving technological changes and the outsourcing of parts of production to independent contractors in low-cost foreign locations. In 2009, they accounted for 24.4% private-sector jobs and produced 28.7% capital investment, shipping 71.1% of all U.S.

Globalization 9

Globalization Rivkin Supply Chain Trends 9

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

NOVEMBER 23, 2016

they account for 50% of employment and 45% of GDP. Traditionally risk management focused on minimizing risk and, in corporations, operated in silos – HR protected personnel, operations managed supply disruptions, IT planned for technology risks, etc. Make public policy proactive, not reactive. In the U.S., In the U.S.,

Insurance 8

Insurance Risk Management Finance Supply Chain 8

Harvard Business Review

OCTOBER 9, 2015

With Hillary Clinton’s tax proposals to encourage longer-term investing , the debate over whether American business is too fixated on the short term has moved from the dimly lit offices of earnest policy wonks into the klieg lights of U.S. The executives I work with speak openly about the market pressures for short-term performance.

Hedge 8

Hedge Short-term Long-term EPS 8

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 players wield outsize market power. With products that rely on network effects, these players enjoy economies of scale and dominant market share. Digital markets are uneven.

Innovation 8

Innovation Policies Technology Politics 8

Harvard Business Review

SEPTEMBER 15, 2016

based technology company that securely backs up and protects data for more than 1.5 based technology company that securely backs up and protects data for more than 1.5 Every single customer can trust us to encrypt all of their files with bank-grade technology before we back them up to our cloud servers. technology firms.

Technology 8

Technology Globalization Software Telecommunications 8

Harvard Business Review

JUNE 12, 2015

There are many theories as to why — globalization, technology, changes to public policy, and the decline in unionization — and just as many theories on what to do to help narrow the income gap. How do you think about that mission, given the fact that wages and jobs seem to be struggling to keep pace with profits and GDP?

Training 8

Training Long-term GDP Short-term 8

Harvard Business Review

NOVEMBER 16, 2016

By all accounts, the Chinese state is on all-out drive to move the country up the technological ladder. Yet, along other dimensions, the state is unwittingly hindering China’s emergence as a technological giant. Total investment in R&D (as a proportion of GDP) grew from 0.9% in 2000 to 2.0%

Innovation 8

Innovation Drucker Policies Technology 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. The clean tech markets keep growing fast: three of the world’s biggest economies — the U.S.,

Supply Chain 9

Supply Chain McKinsey Apparel Energy 9

Harvard Business Review

JANUARY 31, 2018

women’s participation in the labor market has nearly doubled, from 34% of working age women (age 16 and older) in the labor force in 1950 to almost 57% in 2016. This deserves a brief side note: Despite increases in GDP per capita, real wages for many workers have been stagnating in recent decades. In the U.S.,

Participative 8

Participative Trends GDP Industry 8

Harvard Business Review

APRIL 20, 2015

“Asia pivot” policy: Americans think of international relations like a movie, imagining that we can hit the pause button when we need to and then push play when we want to return. policy in Asia has become a “pivot away from China” and this position presents several key risks. Still, the U.S. Undermining U.S.

Banking 8

Banking Development Policies Globalization 8