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Are SMEs The Overlooked Engines Of Innovation?

The Horizons Tracker

This is especially so as around two-thirds of the 40 million new jobs created in the US economy between 1980 and 2005 were created by new SMEs. For instance, a study from KU Leuven University and the European Central Bank found that large companies do understandably innovate more often and more successfully than SMEs.

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Trent Henry on Building Tomorrow’s Leaders

HR Digest

In an exclusive interview with HR Digest, Trent Henry, EY’s Chief Human Resources Officer (CHRO), shares key strategies driving EY’s commitment to diversity, innovation, employee well-being, and leadership development. EY is known for its focus on innovation.

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Are CEOs Really Necessary Anymore?

Strategy Driven

As futurist Ray Kurzweil observed in 2005, in the near future, machine intelligence is going to exceed human intelligence. CEO’s Role- Wisdom and Innovation. The second is to lead innovation. He has been instrumental in developing enterprise operating systems for EOS Worldwide, Accenture, and The Balanced Scorecard Institute.

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Innovating Around a Bureaucracy

Harvard Business Review

What do you do if you're a leader in a large, successful organization with an entrenched bureaucracy, and you see the need for innovation? Consider the story of the Business Transformation Agency of the Department of Defense, which was founded in 2005 under Defense Secretary Rumsfeld, and "disestablished" in 2011 by Defense Secretary Gates.

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Why America Is Losing Its Entrepreneurial Edge

Harvard Business Review

This paper by the Richmond Fed shows how from 1960 to 2005, the U.S. When a company had dozens of potential competitors in various geographic regions, there was an incentive to innovate before the other guy does. Economy Entrepreneurship Finance' As of 2013, the top ten banks had 70% of the market.

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Fixing the World's Infrastructure Problems

Harvard Business Review

How well they''re built and operated is crucial to economic growth and is a key arbiter of an economy''s competitiveness — and yet, virtually every economy faces an array of infrastructure challenges. In Jakarta, from 2005-2009, the number of cars rose by 22% annually, while the distance of usable roads actually declined (PDF).

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The Top Five Career Regrets

Harvard Business Review

I had just finished a guest lecture on business and innovation at Parson's School for Design , and a particularly attentive front-row audience member kicked off question time with the curliest one of the day. As their personal finances shored up, professionals I surveyed yearned for more control over their lives. The logical answer?

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